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2022-09-29
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This EV-Charging Stock Has Surged 570% the Last Two Days. What Is Atlis Motor?
Alice156
2022-09-28
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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":1664374188,"share":"https://ttm.financial/m/news/2270782079?lang=&edition=fundamental","pubTime":"2022-09-28 22:09","market":"us","language":"en","title":"This EV-Charging Stock Has Surged 570% the Last Two Days. What Is Atlis Motor?","url":"https://stock-news.laohu8.com/highlight/detail?id=2270782079","media":"Dow Jones","summary":"Atlis Motor Vehicles debuted on the Nasdaq Stock Market on Tuesday, and shares of the electric vehic","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMV\">Atlis Motor</a> Vehicles debuted on the Nasdaq Stock Market on Tuesday, and shares of the electric vehicle technology have soared more than 570% over the past two days.<img src=\"https://static.tigerbbs.com/6ebc355c3bc70b60e37f99a8e7174e8f\" tg-width=\"850\" tg-height=\"672\" referrerpolicy=\"no-referrer\"/></p><p>What kind of company is Atlis Motor (AMV)?</p><p>Atlis Motor is an Arizona-based producer of EV batteries and work trucks. The company was founded in 2016 by Chief Executive Mark Hanchett. Atlis develops its own batteries and offers that technology to other companies.</p><p>The company executed its initial public listing through a Reg A financing after raising more than $35 million through Reg A and Reg CF crowdfunding offerings, according to a news release.</p><p>"We now enter this exciting next phase of development for Atlis, in which we have achieved the milestone of becoming a publicly listed company, and now look forward to executing on an ambitious business plan to achieve revenue and profitability in an exciting and emerging market with significant opportunities to differentiate ourselves and tremendous potential to create, maintain and increase shareholder value," Hanchett said in the news release.</p><p>The stock began trading on the Nasdaq Tuesday, with an IPO price of $27.50. Shares opened trading at $30.11 and closed the day at $82.12, a gain of 199% from the initial public offering price. On Wednesday, the shares were trading at $185, a gain of 572.73% from its IPO price.</p><p>In a filing, Atlis Motor reported a loss for the quarter of $17.3 million with no revenue.</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>This EV-Charging Stock Has Surged 570% the Last Two Days. What Is Atlis Motor?</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\">\nThis EV-Charging Stock Has Surged 570% the Last Two Days. What Is Atlis Motor?\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\">2022-09-28 22:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AMV\">Atlis Motor</a> Vehicles debuted on the Nasdaq Stock Market on Tuesday, and shares of the electric vehicle technology have soared more than 570% over the past two days.<img src=\"https://static.tigerbbs.com/6ebc355c3bc70b60e37f99a8e7174e8f\" tg-width=\"850\" tg-height=\"672\" referrerpolicy=\"no-referrer\"/></p><p>What kind of company is Atlis Motor (AMV)?</p><p>Atlis Motor is an Arizona-based producer of EV batteries and work trucks. The company was founded in 2016 by Chief Executive Mark Hanchett. Atlis develops its own batteries and offers that technology to other companies.</p><p>The company executed its initial public listing through a Reg A financing after raising more than $35 million through Reg A and Reg CF crowdfunding offerings, according to a news release.</p><p>"We now enter this exciting next phase of development for Atlis, in which we have achieved the milestone of becoming a publicly listed company, and now look forward to executing on an ambitious business plan to achieve revenue and profitability in an exciting and emerging market with significant opportunities to differentiate ourselves and tremendous potential to create, maintain and increase shareholder value," Hanchett said in the news release.</p><p>The stock began trading on the Nasdaq Tuesday, with an IPO price of $27.50. Shares opened trading at $30.11 and closed the day at $82.12, a gain of 199% from the initial public offering price. On Wednesday, the shares were trading at $185, a gain of 572.73% from its IPO price.</p><p>In a filing, Atlis Motor reported a loss for the quarter of $17.3 million with no revenue.</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":"2270782079","content_text":"Atlis Motor Vehicles debuted on the Nasdaq Stock Market on Tuesday, and shares of the electric vehicle technology have soared more than 570% over the past two days.What kind of company is Atlis Motor (AMV)?Atlis Motor is an Arizona-based producer of EV batteries and work trucks. The company was founded in 2016 by Chief Executive Mark Hanchett. Atlis develops its own batteries and offers that technology to other companies.The company executed its initial public listing through a Reg A financing after raising more than $35 million through Reg A and Reg CF crowdfunding offerings, according to a news release.\"We now enter this exciting next phase of development for Atlis, in which we have achieved the milestone of becoming a publicly listed company, and now look forward to executing on an ambitious business plan to achieve revenue and profitability in an exciting and emerging market with significant opportunities to differentiate ourselves and tremendous potential to create, maintain and increase shareholder value,\" Hanchett said in the news release.The stock began trading on the Nasdaq Tuesday, with an IPO price of $27.50. Shares opened trading at $30.11 and closed the day at $82.12, a gain of 199% from the initial public offering price. On Wednesday, the shares were trading at $185, a gain of 572.73% from its IPO price.In a filing, Atlis Motor reported a loss for the quarter of $17.3 million with no revenue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918983623,"gmtCreate":1664316195363,"gmtModify":1676537429130,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918983623","repostId":"1109680559","repostType":4,"repost":{"id":"1109680559","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1664286331,"share":"https://ttm.financial/m/news/1109680559?lang=&edition=fundamental","pubTime":"2022-09-27 21:45","market":"us","language":"en","title":"EV Stocks Gained in Morning Trading, With Tesla Stock Jumping over 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1109680559","media":"Tiger Newspress","summary":"EV Stocks Gained in Morning Trading, With Tesla Stock Jumping over 4%.Lordstown, Li Auto, Fisker, Ni","content":"<html><head></head><body><p>EV Stocks Gained in Morning Trading, With Tesla Stock Jumping over 4%.</p><p>Lordstown, Li Auto, Fisker, Nikola, Arrival, Nio, Rivian, Faraday Future and Lucid rose from 1% to 9%.</p><p><img src=\"https://static.tigerbbs.com/b17b82c4063d821259cb2ea115749828\" tg-width=\"486\" tg-height=\"777\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks Gained in Morning Trading, With Tesla Stock Jumping over 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nEV Stocks Gained in Morning Trading, With Tesla Stock Jumping over 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-27 21:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV Stocks Gained in Morning Trading, With Tesla Stock Jumping over 4%.</p><p>Lordstown, Li Auto, Fisker, Nikola, Arrival, Nio, Rivian, Faraday Future and Lucid rose from 1% to 9%.</p><p><img src=\"https://static.tigerbbs.com/b17b82c4063d821259cb2ea115749828\" tg-width=\"486\" tg-height=\"777\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109680559","content_text":"EV Stocks Gained in Morning Trading, With Tesla Stock Jumping over 4%.Lordstown, Li Auto, Fisker, Nikola, Arrival, Nio, Rivian, Faraday Future and Lucid rose from 1% to 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935014665,"gmtCreate":1663019773057,"gmtModify":1676537181065,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9935014665","repostId":"2266804526","repostType":4,"repost":{"id":"2266804526","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":1662983039,"share":"https://ttm.financial/m/news/2266804526?lang=&edition=fundamental","pubTime":"2022-09-12 19:43","market":"us","language":"en","title":"Biden Finalized His Plan to Rein in Big Tech. Big Tech Wasn't Invited","url":"https://stock-news.laohu8.com/highlight/detail?id=2266804526","media":"Dow Jones","summary":"President Joe Biden's administration issued a checklist of actions needed to reign in Big Tech on Th","content":"<html><head></head><body><p>President Joe Biden's administration issued a checklist of actions needed to reign in Big Tech on Thursday, after a roundtable "listening session" on issues within the technology industry.</p><p>But administration officials were not "listening" to the companies that are the targets of many of the desired actions -- Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL), Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>and Facebook parent company <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> The only representatives of the tech industry in attendance were the chief executives of Mozilla Corp. and Sonos Inc. <a href=\"https://laohu8.com/S/SONO\">$(SONO)$</a></p><p>"The rise of tech platforms has introduced new and difficult challenges, from the tragic acts of violence linked to toxic online cultures, to deteriorating mental health and well-being, to basic rights of Americans and communities worldwide suffering from the rise of tech platforms big and small," the White House said in a statement after convening 16 experts -- most of them administration employees -- to discuss technology.</p><p><a href=\"https://laohu8.com/S/GGLS\">None</a> of the Big Tech companies replied to request for comment on the listening session, but people familiar with the thinking at two of the companies weren't entirely surprised. They noted increased actions by the administration to hold social-media companies and purveyors of large digital platforms more accountable with the chances of a Senate vote seemingly dwindling by the hour.</p><p>Industry analysts, however, expressed disappointment at an exclusive, private meeting that recommended punitive actions against the industry's biggest players without offering a seat at the table. The most controversial reform mentioned on the administration's list called for "the removal of special protections for large tech platforms," including changing Section 230 of the Communications Decency Act. The section generally provides website platforms immunity from third-party content.</p><p>"Section 230 provides critical protections for platforms of all sizes to moderate content and take down harmful posts, and our research confirms these protections are most important for smaller sites," Chamber of Progress CEO Adam Kovacevich said. The trade group is funded by Amazon, Meta, Google, Apple, Twitter Inc. (TWTR), Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and others.</p><p>Six broad goals listed by the White House mirror legislation slowly wending its way through Congress, the latest indication of a growing crackdown by the White House on high tech's influence while legislation wallows in the Senate and House. The Justice Department is expected to file antitrust lawsuits against Google for its online-ad business and Apple for its dominant App Store in coming weeks, according to reports in The Wall Street Journal, Politico and elsewhere.</p><p>Social media platforms -- in particular, Meta, Twitter, TikTok and YouTube -- have been identified as the scourge of politicians who are playing to popular sentiment for reining in digital-data collectors such as Meta and Amazon. Those two companies are prime targets of the Federal Trade Commission.</p><p>Congressional inaction was reflected earlier this week when a flustered Sen. Amy Klobuchar, a Minnesota Democrat who is author of a bill to tamp down the power of powerful digital platform landlords like Apple and Facebook, claimed an "incredible onslaught of money" has been an obstacle to passing the legislation.</p><p>"What has slowed us down is the incredible onslaught of money, and that's what happens with monopolies," Klobuchar, author of the American Innovation and Choice Online Act, said Tuesday at the Code Conference in Los Angeles. "The senators are talking about it, about the ads running in each state."</p><p>Organizations funded by the technology industry have plowed more than $200 million on political ads and other lobbying efforts since the beginning of 2021, according to ad-tracking service AdImpact and others.</p><p>Klobuchar, who has written a book on antitrust reform and chaired the Senate Judiciary Committee's hearings on anticompetitive business practices for more than a year, has furiously pushed for a full Senate vote on her landmark bill as time melts with each passing day in the current legislative session. [The White House said Thursday it was encouraged to see bipartisan interest in Congress to adopt antitrust legislation to address the power of major U.S. tech companies.]</p><p>But absent any of the major principal companies in attendance, reporters pressed White House spokeswoman Karine Jean-Pierreon the participation of Mozilla CEO Mitchell Baker and Sonos CEO Patrick Spence to represent the views of the tech industry.</p><p>Sonos and Google are locked in a series of lawsuits against one another over speaker technology since 2020. Sonos called two suits filed last month by Google an "intimidation tactic" intended to "retaliate against Sonos for speaking out against Google's monopolistic practices" of royalty payments.</p><p>Nonprofit Mozilla, whose Firefox web browser competes with the likes of Google, has repeatedly clashed with Big Tech. On Friday, the company's chief security officer, Marshall Erwin, urged federal regulators to crack down on internet giants and browser makers that don't protect users' privacy.</p><p>"Privacy online is a mess, consumers are stuck in this vicious cycle in which their data is collected, often without their understanding, and then used to manipulate them," Erwin said during an FTC forum on commercial surveillance and data security.</p><p>"The way that we see the roundtable today, it is, again, the largest roundtable that we have seen from this administration to deal with tech," Jean-Pierresaid. "What you should take out from today, or take away from today, is that, you know, the president's going to and has long called for fundamental legislative reforms to address real issues. And so we're going to continue to do that."</p><p>The elusive reply came a day before Biden met in Ohio with Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> CEO Pat Gelsinger at a groundbreaking ceremony for Intel's new $20 billion semiconductor manufacturing facility weeks after Congress passed the $280 billion Chips and Science Act in July.</p><p>"The future of the chip industry is going to be made in America," Biden said at the event, a White House pre-midterms push to tout new funding for manufacturing and infrastructure. "The industrial <a href=\"https://laohu8.com/S/MDWT\">Midwest</a> is back."</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>Biden Finalized His Plan to Rein in Big Tech. Big Tech Wasn't Invited</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\">\nBiden Finalized His Plan to Rein in Big Tech. Big Tech Wasn't Invited\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\">2022-09-12 19:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>President Joe Biden's administration issued a checklist of actions needed to reign in Big Tech on Thursday, after a roundtable "listening session" on issues within the technology industry.</p><p>But administration officials were not "listening" to the companies that are the targets of many of the desired actions -- Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL), Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>and Facebook parent company <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> The only representatives of the tech industry in attendance were the chief executives of Mozilla Corp. and Sonos Inc. <a href=\"https://laohu8.com/S/SONO\">$(SONO)$</a></p><p>"The rise of tech platforms has introduced new and difficult challenges, from the tragic acts of violence linked to toxic online cultures, to deteriorating mental health and well-being, to basic rights of Americans and communities worldwide suffering from the rise of tech platforms big and small," the White House said in a statement after convening 16 experts -- most of them administration employees -- to discuss technology.</p><p><a href=\"https://laohu8.com/S/GGLS\">None</a> of the Big Tech companies replied to request for comment on the listening session, but people familiar with the thinking at two of the companies weren't entirely surprised. They noted increased actions by the administration to hold social-media companies and purveyors of large digital platforms more accountable with the chances of a Senate vote seemingly dwindling by the hour.</p><p>Industry analysts, however, expressed disappointment at an exclusive, private meeting that recommended punitive actions against the industry's biggest players without offering a seat at the table. The most controversial reform mentioned on the administration's list called for "the removal of special protections for large tech platforms," including changing Section 230 of the Communications Decency Act. The section generally provides website platforms immunity from third-party content.</p><p>"Section 230 provides critical protections for platforms of all sizes to moderate content and take down harmful posts, and our research confirms these protections are most important for smaller sites," Chamber of Progress CEO Adam Kovacevich said. The trade group is funded by Amazon, Meta, Google, Apple, Twitter Inc. (TWTR), Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and others.</p><p>Six broad goals listed by the White House mirror legislation slowly wending its way through Congress, the latest indication of a growing crackdown by the White House on high tech's influence while legislation wallows in the Senate and House. The Justice Department is expected to file antitrust lawsuits against Google for its online-ad business and Apple for its dominant App Store in coming weeks, according to reports in The Wall Street Journal, Politico and elsewhere.</p><p>Social media platforms -- in particular, Meta, Twitter, TikTok and YouTube -- have been identified as the scourge of politicians who are playing to popular sentiment for reining in digital-data collectors such as Meta and Amazon. Those two companies are prime targets of the Federal Trade Commission.</p><p>Congressional inaction was reflected earlier this week when a flustered Sen. Amy Klobuchar, a Minnesota Democrat who is author of a bill to tamp down the power of powerful digital platform landlords like Apple and Facebook, claimed an "incredible onslaught of money" has been an obstacle to passing the legislation.</p><p>"What has slowed us down is the incredible onslaught of money, and that's what happens with monopolies," Klobuchar, author of the American Innovation and Choice Online Act, said Tuesday at the Code Conference in Los Angeles. "The senators are talking about it, about the ads running in each state."</p><p>Organizations funded by the technology industry have plowed more than $200 million on political ads and other lobbying efforts since the beginning of 2021, according to ad-tracking service AdImpact and others.</p><p>Klobuchar, who has written a book on antitrust reform and chaired the Senate Judiciary Committee's hearings on anticompetitive business practices for more than a year, has furiously pushed for a full Senate vote on her landmark bill as time melts with each passing day in the current legislative session. [The White House said Thursday it was encouraged to see bipartisan interest in Congress to adopt antitrust legislation to address the power of major U.S. tech companies.]</p><p>But absent any of the major principal companies in attendance, reporters pressed White House spokeswoman Karine Jean-Pierreon the participation of Mozilla CEO Mitchell Baker and Sonos CEO Patrick Spence to represent the views of the tech industry.</p><p>Sonos and Google are locked in a series of lawsuits against one another over speaker technology since 2020. Sonos called two suits filed last month by Google an "intimidation tactic" intended to "retaliate against Sonos for speaking out against Google's monopolistic practices" of royalty payments.</p><p>Nonprofit Mozilla, whose Firefox web browser competes with the likes of Google, has repeatedly clashed with Big Tech. On Friday, the company's chief security officer, Marshall Erwin, urged federal regulators to crack down on internet giants and browser makers that don't protect users' privacy.</p><p>"Privacy online is a mess, consumers are stuck in this vicious cycle in which their data is collected, often without their understanding, and then used to manipulate them," Erwin said during an FTC forum on commercial surveillance and data security.</p><p>"The way that we see the roundtable today, it is, again, the largest roundtable that we have seen from this administration to deal with tech," Jean-Pierresaid. "What you should take out from today, or take away from today, is that, you know, the president's going to and has long called for fundamental legislative reforms to address real issues. And so we're going to continue to do that."</p><p>The elusive reply came a day before Biden met in Ohio with Intel Corp. <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> CEO Pat Gelsinger at a groundbreaking ceremony for Intel's new $20 billion semiconductor manufacturing facility weeks after Congress passed the $280 billion Chips and Science Act in July.</p><p>"The future of the chip industry is going to be made in America," Biden said at the event, a White House pre-midterms push to tout new funding for manufacturing and infrastructure. "The industrial <a href=\"https://laohu8.com/S/MDWT\">Midwest</a> is back."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","BK4515":"5G概念","AMZN":"亚马逊","CRCT":"Cricut, Inc.","BK4553":"喜马拉雅资本持仓","BK4191":"家用电器","BK4516":"特朗普概念","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4571":"数字音乐概念","AAPL":"苹果","BK4533":"AQR资本管理(全球第二大对冲基金)","TWTR":"Twitter","TERN":"Terns Pharmaceuticals, Inc.","BK4566":"资本集团","BK4525":"远程办公概念","BK4536":"外卖概念","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BOLT":"Bolt Biotherapeutics, Inc.","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4077":"互动媒体与服务","UBER":"优步","BK4538":"云计算","BK4501":"段永平概念","BK4550":"红杉资本持仓","BK4141":"半导体产品","BK4573":"虚拟现实","BK4574":"无人驾驶","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4022":"陆运","SONO":"搜诺思公司","BK4078":"消费电子产品","QNETCN":"纳斯达克中美互联网老虎指数","BK4512":"苹果概念","BK4548":"巴美列捷福持仓","BK4575":"芯片概念","BK4170":"电脑硬件、储存设备及电脑周边","BK4514":"搜索引擎","BK4529":"IDC概念","GOOGL":"谷歌A","BK4576":"AR","BK4139":"生物科技","INTC":"英特尔","GOOG":"谷歌","BK4539":"次新股","BK4554":"元宇宙及AR概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266804526","content_text":"President Joe Biden's administration issued a checklist of actions needed to reign in Big Tech on Thursday, after a roundtable \"listening session\" on issues within the technology industry.But administration officials were not \"listening\" to the companies that are the targets of many of the desired actions -- Google parent Alphabet Inc. $(GOOGL)$(GOOGL), Amazon.com Inc. $(AMZN)$, Apple Inc. $(AAPL)$and Facebook parent company Meta Platforms Inc. $(META.UK)$ The only representatives of the tech industry in attendance were the chief executives of Mozilla Corp. and Sonos Inc. $(SONO)$\"The rise of tech platforms has introduced new and difficult challenges, from the tragic acts of violence linked to toxic online cultures, to deteriorating mental health and well-being, to basic rights of Americans and communities worldwide suffering from the rise of tech platforms big and small,\" the White House said in a statement after convening 16 experts -- most of them administration employees -- to discuss technology.None of the Big Tech companies replied to request for comment on the listening session, but people familiar with the thinking at two of the companies weren't entirely surprised. They noted increased actions by the administration to hold social-media companies and purveyors of large digital platforms more accountable with the chances of a Senate vote seemingly dwindling by the hour.Industry analysts, however, expressed disappointment at an exclusive, private meeting that recommended punitive actions against the industry's biggest players without offering a seat at the table. The most controversial reform mentioned on the administration's list called for \"the removal of special protections for large tech platforms,\" including changing Section 230 of the Communications Decency Act. The section generally provides website platforms immunity from third-party content.\"Section 230 provides critical protections for platforms of all sizes to moderate content and take down harmful posts, and our research confirms these protections are most important for smaller sites,\" Chamber of Progress CEO Adam Kovacevich said. The trade group is funded by Amazon, Meta, Google, Apple, Twitter Inc. (TWTR), Uber Technologies Inc. $(UBER)$ and others.Six broad goals listed by the White House mirror legislation slowly wending its way through Congress, the latest indication of a growing crackdown by the White House on high tech's influence while legislation wallows in the Senate and House. The Justice Department is expected to file antitrust lawsuits against Google for its online-ad business and Apple for its dominant App Store in coming weeks, according to reports in The Wall Street Journal, Politico and elsewhere.Social media platforms -- in particular, Meta, Twitter, TikTok and YouTube -- have been identified as the scourge of politicians who are playing to popular sentiment for reining in digital-data collectors such as Meta and Amazon. Those two companies are prime targets of the Federal Trade Commission.Congressional inaction was reflected earlier this week when a flustered Sen. Amy Klobuchar, a Minnesota Democrat who is author of a bill to tamp down the power of powerful digital platform landlords like Apple and Facebook, claimed an \"incredible onslaught of money\" has been an obstacle to passing the legislation.\"What has slowed us down is the incredible onslaught of money, and that's what happens with monopolies,\" Klobuchar, author of the American Innovation and Choice Online Act, said Tuesday at the Code Conference in Los Angeles. \"The senators are talking about it, about the ads running in each state.\"Organizations funded by the technology industry have plowed more than $200 million on political ads and other lobbying efforts since the beginning of 2021, according to ad-tracking service AdImpact and others.Klobuchar, who has written a book on antitrust reform and chaired the Senate Judiciary Committee's hearings on anticompetitive business practices for more than a year, has furiously pushed for a full Senate vote on her landmark bill as time melts with each passing day in the current legislative session. [The White House said Thursday it was encouraged to see bipartisan interest in Congress to adopt antitrust legislation to address the power of major U.S. tech companies.]But absent any of the major principal companies in attendance, reporters pressed White House spokeswoman Karine Jean-Pierreon the participation of Mozilla CEO Mitchell Baker and Sonos CEO Patrick Spence to represent the views of the tech industry.Sonos and Google are locked in a series of lawsuits against one another over speaker technology since 2020. Sonos called two suits filed last month by Google an \"intimidation tactic\" intended to \"retaliate against Sonos for speaking out against Google's monopolistic practices\" of royalty payments.Nonprofit Mozilla, whose Firefox web browser competes with the likes of Google, has repeatedly clashed with Big Tech. On Friday, the company's chief security officer, Marshall Erwin, urged federal regulators to crack down on internet giants and browser makers that don't protect users' privacy.\"Privacy online is a mess, consumers are stuck in this vicious cycle in which their data is collected, often without their understanding, and then used to manipulate them,\" Erwin said during an FTC forum on commercial surveillance and data security.\"The way that we see the roundtable today, it is, again, the largest roundtable that we have seen from this administration to deal with tech,\" Jean-Pierresaid. \"What you should take out from today, or take away from today, is that, you know, the president's going to and has long called for fundamental legislative reforms to address real issues. And so we're going to continue to do that.\"The elusive reply came a day before Biden met in Ohio with Intel Corp. $(INTC)$ CEO Pat Gelsinger at a groundbreaking ceremony for Intel's new $20 billion semiconductor manufacturing facility weeks after Congress passed the $280 billion Chips and Science Act in July.\"The future of the chip industry is going to be made in America,\" Biden said at the event, a White House pre-midterms push to tout new funding for manufacturing and infrastructure. \"The industrial Midwest is back.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932154769,"gmtCreate":1662904690551,"gmtModify":1676537160457,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932154769","repostId":"1172950287","repostType":4,"repost":{"id":"1172950287","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662731894,"share":"https://ttm.financial/m/news/1172950287?lang=&edition=fundamental","pubTime":"2022-09-09 21:58","market":"us","language":"en","title":"Docusign Soared Nearly 9% in Morning Trading on Strong Quarterly Sales and Raised Billing Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1172950287","media":"Tiger Newspress","summary":"Docusign soared nearly 9% in morning trading on strong quarterly sales and raised billing outlook.Fi","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> soared nearly 9% in morning trading on strong quarterly sales and raised billing outlook.<img src=\"https://static.tigerbbs.com/611c9cd6a9bb3fd3f2bec006536613b9\" tg-width=\"675\" tg-height=\"509\" width=\"100%\" height=\"auto\"/></p><p>Fiscal second-quarter revenue increased 22% to $622.2 million, the San Francisco-based company said Thursday in a statement. Analysts, on average, projected $602.7 million, according to data compiled by Bloomberg. Profit, excluding some items, was 44 cents a share, compared with the average estimate of 42 cents.</p><p>It boosted its forecast for full-year billings to as high as $2.57 billion from $2.54 billion. Analysts, on average, projected $2.53 billion.</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>Docusign Soared Nearly 9% in Morning Trading on Strong Quarterly Sales and Raised Billing Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDocusign Soared Nearly 9% in Morning Trading on Strong Quarterly Sales and Raised Billing Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-09 21:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> soared nearly 9% in morning trading on strong quarterly sales and raised billing outlook.<img src=\"https://static.tigerbbs.com/611c9cd6a9bb3fd3f2bec006536613b9\" tg-width=\"675\" tg-height=\"509\" width=\"100%\" height=\"auto\"/></p><p>Fiscal second-quarter revenue increased 22% to $622.2 million, the San Francisco-based company said Thursday in a statement. Analysts, on average, projected $602.7 million, according to data compiled by Bloomberg. Profit, excluding some items, was 44 cents a share, compared with the average estimate of 42 cents.</p><p>It boosted its forecast for full-year billings to as high as $2.57 billion from $2.54 billion. Analysts, on average, projected $2.53 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCU":"Docusign"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172950287","content_text":"Docusign soared nearly 9% in morning trading on strong quarterly sales and raised billing outlook.Fiscal second-quarter revenue increased 22% to $622.2 million, the San Francisco-based company said Thursday in a statement. Analysts, on average, projected $602.7 million, according to data compiled by Bloomberg. Profit, excluding some items, was 44 cents a share, compared with the average estimate of 42 cents.It boosted its forecast for full-year billings to as high as $2.57 billion from $2.54 billion. Analysts, on average, projected $2.53 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938702846,"gmtCreate":1662673892085,"gmtModify":1676537112350,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938702846","repostId":"1154244543","repostType":4,"repost":{"id":"1154244543","pubTimestamp":1662650625,"share":"https://ttm.financial/m/news/1154244543?lang=&edition=fundamental","pubTime":"2022-09-08 23:23","market":"us","language":"en","title":"Apple: Delivering For Everyone","url":"https://stock-news.laohu8.com/highlight/detail?id=1154244543","media":"Seeking Alpha","summary":"SummaryNewest set of iPhones unveiled on Wednesday.Apple didn't raise prices as some were expecting.Finding a balance is the best way to go.On Wednesday, technology giant Apple (NASDAQ:AAPL) held its ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Newest set of iPhones unveiled on Wednesday.</li><li>Apple didn't raise prices as some were expecting.</li><li>Finding a balance is the best way to go.</li></ul><p>On Wednesday, technology giant Apple (NASDAQ:AAPL) held its much anticipated September product unveiling event. This year, expectations had been a little muted as consumers grapple with high inflation, so device pricing was going to be the key theme. In the end, Apple delivered with something for everyone, which could set up the company nicely for the holiday season.</p><p>Let me start with some of the non-core products. Apple Watch Series 8 features a new temperature sensor along with some other tracking features, plus car crash detection. The company unveiled a new entry level SE version that goes for $249, which has a 30% larger face and is 20% faster. Consumers are also being treated to a new Ultra version that starts at $799, which is larger and has better battery life, while being geared towards the extreme fitness crowd. A second generation of the AirPods Pro was also unveiled, featuring a new chip and much improved audio.</p><p>Of course, the star of the show was going to be the new series of iPhones. As expected, the new iPhone 14 and 14 Plus are 6.1 and 6.7 inches, respectively, and contain last year's A15 Bionic chip. These phones, along with the Watch, have a new service using Globalstar (GSAT) satellites for emergency use. The Plus model has the best battery life ever in an iPhone according to the company, while these two entry level devices feature a much improved camera system. The 14 will be available on September 16th, which gives it more than a week of sales in the current fiscal Q4 period, while the 14 Plus isn't available until October 7th.</p><p>As for the Pro versions, they have a pill-like space at the top of the screen, known as the Dynamic Island, that changes based on the type of notification or action that is occurring, such as charging a phone or playing music. These models have an always-on display, along with a brighter screen and 48 megapixel camera sensor, and feature the newest chipset, the A16 Bionic. Perhaps the biggest news for the iPhone on Wednesday was pricing, which can be seen in the graphic below.</p><p><img src=\"https://static.tigerbbs.com/1c8e821dde238518c28185b25f2325eb\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\"/></p><p>Yearly iPhone Lineup(Apple Store)</p><p>There were a handful of reports in recent weeks and months that Apple may increase prices this year, primarily due to inflation. Lately, these rumors seemed to focus more on the Pro versions only, but it turns out we didn't get any true price increases. Apple is swapping the mini for the Plus, which is a positive for average selling prices, along with the 12 this year being more expensive than the 11 was last year. For those looking for some value, the base 13 mini and regular 13 have double the storage than their year earlier counterparts did last year at the same price.</p><p>The key for Apple here in my opinion is that it is improving its effort to provide something for everyone. Look at what the company did with the Watch. It has its primary version of the device, a cheaper "SE" model, and now a premium Ultra model. This year, Apple has separated the Pro versions of the iPhone a bit more from their entry level counterparts, given the higher end models get the newest chipsets, yet they didn't get an added price boost. As some of the early analyst comments suggest, Apple delivered modest upgrades this year, so it didn't take advantage of the consumer by raising prices in a tough inflation environment.</p><p>While it may not be as important as it used to be, the iPhone is still the dominant product line for Apple. In the first nine months of the current fiscal year, which ends later this month, sales of the smartphone represented more than 54.2% of the company's revenues. That's actually up a little over the prior year's first three quarters, as supply chain issues have pressured sales of other devices. As the graphic below shows, the iPhone has still shown some decent revenue growth over the longer term. The 2022 number below with an asterisk is my current estimate, and the key here is that the iPhone could be about to report its first $200 billion fiscal sales year.</p><p><img src=\"https://static.tigerbbs.com/083d5c88f3f6da4fcaea39de2dc047d0\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\"/></p><p>Fiscal Year iPhone Revenues(Company Filings)</p><p>It was just a couple of weeks ago where Apple shares were north of $175 and the financial media was talking about a new all-time high potentially coming soon. However, the market has pulled back on fears that the Fed will need to continue its aggressiveness to slow down inflation. September is also the month where the Fed's maximum balance sheet runoff amount doubles. Thanks to the pullback, the average price target now represents decent upside for Apple shares, but this is a very tough environment to recommend going long almost any name.</p><p>In the end, my key takeaway from Apple's event on Wednesday was that the company wants to deliver for everyone. The company broadened the Watch lineup by introducing a new Ultra model, while also providing further separation between the Pro and non-Pro models of the iPhone. While there were concerns that Apple could raise smartphone prices, it kept things mostly in check, other than the switch out of the mini for the new Plus model. The company certainly delivered the goods, so now investors will be watching to see how responsive the consumer is.</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: Delivering For Everyone</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: Delivering For Everyone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 23:23 GMT+8 <a href=https://seekingalpha.com/article/4539596-apple-stock-delivering-for-everyone?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNewest set of iPhones unveiled on Wednesday.Apple didn't raise prices as some were expecting.Finding a balance is the best way to go.On Wednesday, technology giant Apple (NASDAQ:AAPL) held its ...</p>\n\n<a href=\"https://seekingalpha.com/article/4539596-apple-stock-delivering-for-everyone?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4539596-apple-stock-delivering-for-everyone?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154244543","content_text":"SummaryNewest set of iPhones unveiled on Wednesday.Apple didn't raise prices as some were expecting.Finding a balance is the best way to go.On Wednesday, technology giant Apple (NASDAQ:AAPL) held its much anticipated September product unveiling event. This year, expectations had been a little muted as consumers grapple with high inflation, so device pricing was going to be the key theme. In the end, Apple delivered with something for everyone, which could set up the company nicely for the holiday season.Let me start with some of the non-core products. Apple Watch Series 8 features a new temperature sensor along with some other tracking features, plus car crash detection. The company unveiled a new entry level SE version that goes for $249, which has a 30% larger face and is 20% faster. Consumers are also being treated to a new Ultra version that starts at $799, which is larger and has better battery life, while being geared towards the extreme fitness crowd. A second generation of the AirPods Pro was also unveiled, featuring a new chip and much improved audio.Of course, the star of the show was going to be the new series of iPhones. As expected, the new iPhone 14 and 14 Plus are 6.1 and 6.7 inches, respectively, and contain last year's A15 Bionic chip. These phones, along with the Watch, have a new service using Globalstar (GSAT) satellites for emergency use. The Plus model has the best battery life ever in an iPhone according to the company, while these two entry level devices feature a much improved camera system. The 14 will be available on September 16th, which gives it more than a week of sales in the current fiscal Q4 period, while the 14 Plus isn't available until October 7th.As for the Pro versions, they have a pill-like space at the top of the screen, known as the Dynamic Island, that changes based on the type of notification or action that is occurring, such as charging a phone or playing music. These models have an always-on display, along with a brighter screen and 48 megapixel camera sensor, and feature the newest chipset, the A16 Bionic. Perhaps the biggest news for the iPhone on Wednesday was pricing, which can be seen in the graphic below.Yearly iPhone Lineup(Apple Store)There were a handful of reports in recent weeks and months that Apple may increase prices this year, primarily due to inflation. Lately, these rumors seemed to focus more on the Pro versions only, but it turns out we didn't get any true price increases. Apple is swapping the mini for the Plus, which is a positive for average selling prices, along with the 12 this year being more expensive than the 11 was last year. For those looking for some value, the base 13 mini and regular 13 have double the storage than their year earlier counterparts did last year at the same price.The key for Apple here in my opinion is that it is improving its effort to provide something for everyone. Look at what the company did with the Watch. It has its primary version of the device, a cheaper \"SE\" model, and now a premium Ultra model. This year, Apple has separated the Pro versions of the iPhone a bit more from their entry level counterparts, given the higher end models get the newest chipsets, yet they didn't get an added price boost. As some of the early analyst comments suggest, Apple delivered modest upgrades this year, so it didn't take advantage of the consumer by raising prices in a tough inflation environment.While it may not be as important as it used to be, the iPhone is still the dominant product line for Apple. In the first nine months of the current fiscal year, which ends later this month, sales of the smartphone represented more than 54.2% of the company's revenues. That's actually up a little over the prior year's first three quarters, as supply chain issues have pressured sales of other devices. As the graphic below shows, the iPhone has still shown some decent revenue growth over the longer term. The 2022 number below with an asterisk is my current estimate, and the key here is that the iPhone could be about to report its first $200 billion fiscal sales year.Fiscal Year iPhone Revenues(Company Filings)It was just a couple of weeks ago where Apple shares were north of $175 and the financial media was talking about a new all-time high potentially coming soon. However, the market has pulled back on fears that the Fed will need to continue its aggressiveness to slow down inflation. September is also the month where the Fed's maximum balance sheet runoff amount doubles. Thanks to the pullback, the average price target now represents decent upside for Apple shares, but this is a very tough environment to recommend going long almost any name.In the end, my key takeaway from Apple's event on Wednesday was that the company wants to deliver for everyone. The company broadened the Watch lineup by introducing a new Ultra model, while also providing further separation between the Pro and non-Pro models of the iPhone. While there were concerns that Apple could raise smartphone prices, it kept things mostly in check, other than the switch out of the mini for the new Plus model. The company certainly delivered the goods, so now investors will be watching to see how responsive the consumer is.","news_type":1},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938019538,"gmtCreate":1662520342424,"gmtModify":1676537079627,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938019538","repostId":"2265990040","repostType":4,"repost":{"id":"2265990040","pubTimestamp":1662530794,"share":"https://ttm.financial/m/news/2265990040?lang=&edition=fundamental","pubTime":"2022-09-07 14:06","market":"us","language":"en","title":"Better Buy: AMZN vs. AAPL","url":"https://stock-news.laohu8.com/highlight/detail?id=2265990040","media":"Motley Fool","summary":"In a clash of industry titans, which one comes out ahead?","content":"<html><head></head><body><p>Investing often comes down to choices. Frequently, that means buying one stock over another since most of us have limited resources.</p><p>While <b>Amazon</b> and <b>Apple</b> have done very well over the years, the recent bear market means this is a good chance to evaluate whether this represents a good buying opportunity.</p><p>In the battle between these two titans, which one comes out ahead?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41aab5c851a47f0abc0252479fda30a5\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Amazon</h2><p>Amazon has grown from initially selling books online to offering just about everything imaginable by focusing on what the customer wants. Shareholders have been handsomely rewarded as the stock has gone from a split-adjusted price of under $1 in 1997 to over $127. However, the share price has fallen by about 24% this year after the company reported disappointing results.</p><p>Contending with higher costs, Amazon saw its second-quarter operating income fall to $3.3 billion, less than half the $7.7 billion in the year-ago period. However, after ramping up staffing and capacity to meet higher demand, management has promised to focus on productivity. And people still turn to Amazon for its quick delivery and low prices. With a Prime subscription, you even get a streaming service.</p><p>I have an even better cause for optimism. The company's Amazon Web Services (AWS) unit continues to grow sales quickly. The cloud computing division has about a 33% market share, making it the leader in this fast-growing space.</p><p>Better still, due to the major commitment required for data centers, the barriers to entry remain high. Its two competitors are <b>Microsoft</b>'s Azure and <b>Alphabet</b>. In the most recent quarter, AWS' sales grew by 33.3%. The business's operating margin was 29%, up from last year's 28.3%, and it's much higher than the North American and international businesses.</p><p>With the stock price down, this seems like an opportune time to purchase shares. With the shares trading at a price-to-sales ratio of 2.7, that's more reasonable than the 3.6 multiple there were at in April.</p><h2>Apple</h2><p>Apple has built a large and loyal following by offering "cool" products. These include the iPhone, Mac, iPad, AirPods, and Apple Watch. It has also made shareholders happy with the price going from a split-adjusted pennies to over $155 over the last 25 years.</p><p>Due in part to the overall equity market sell-off, the stock has fallen by more than 12% in 2022, however.</p><p>Apple also didn't overwhelm investors with recent results. Its fiscal third-quarter sales grew by only 1.9% to $83 billion, and operating income dropped by 4.4% to $23.1 billion. This covered the period that ended on June 25. But the weaker sales and profitability should prove an aberration.</p><p>The iPhone, which made up 49% of the quarter's sales, grew by 2.8% to $40.7 billion. That is likely to accelerate as Apple is reported to be readying the imminent launch of its latest version. It remains a popular product, garnering a strong market share in the U.S. and abroad.</p><p>There's also the company's fast-growing services business, which saw a 12.1% top-line increase in the most recent quarter. This includes the App Store, advertising, and tech support.</p><p>The stock sells at a P/S ratio of 6.6, down from nearly eight earlier this year.</p><h2>Bottom line</h2><p>So which stock offers better prospects? It's a close call, but I give the edge to Amazon. Apple relies on the iPhone for nearly half of its sales, and a weak reaction, although seemingly unlikely, presents a risk. Amazon has a strong and growing AWS business while its other businesses should rebound as the company focuses on improving profitability.</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>Better Buy: AMZN vs. AAPL</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\">\nBetter Buy: AMZN vs. AAPL\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 14:06 GMT+8 <a href=https://www.fool.com/investing/2022/09/06/better-buy-amzn-vs-aapl/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing often comes down to choices. Frequently, that means buying one stock over another since most of us have limited resources.While Amazon and Apple have done very well over the years, the ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/06/better-buy-amzn-vs-aapl/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/09/06/better-buy-amzn-vs-aapl/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265990040","content_text":"Investing often comes down to choices. Frequently, that means buying one stock over another since most of us have limited resources.While Amazon and Apple have done very well over the years, the recent bear market means this is a good chance to evaluate whether this represents a good buying opportunity.In the battle between these two titans, which one comes out ahead?Image source: Getty Images.AmazonAmazon has grown from initially selling books online to offering just about everything imaginable by focusing on what the customer wants. Shareholders have been handsomely rewarded as the stock has gone from a split-adjusted price of under $1 in 1997 to over $127. However, the share price has fallen by about 24% this year after the company reported disappointing results.Contending with higher costs, Amazon saw its second-quarter operating income fall to $3.3 billion, less than half the $7.7 billion in the year-ago period. However, after ramping up staffing and capacity to meet higher demand, management has promised to focus on productivity. And people still turn to Amazon for its quick delivery and low prices. With a Prime subscription, you even get a streaming service.I have an even better cause for optimism. The company's Amazon Web Services (AWS) unit continues to grow sales quickly. The cloud computing division has about a 33% market share, making it the leader in this fast-growing space.Better still, due to the major commitment required for data centers, the barriers to entry remain high. Its two competitors are Microsoft's Azure and Alphabet. In the most recent quarter, AWS' sales grew by 33.3%. The business's operating margin was 29%, up from last year's 28.3%, and it's much higher than the North American and international businesses.With the stock price down, this seems like an opportune time to purchase shares. With the shares trading at a price-to-sales ratio of 2.7, that's more reasonable than the 3.6 multiple there were at in April.AppleApple has built a large and loyal following by offering \"cool\" products. These include the iPhone, Mac, iPad, AirPods, and Apple Watch. It has also made shareholders happy with the price going from a split-adjusted pennies to over $155 over the last 25 years.Due in part to the overall equity market sell-off, the stock has fallen by more than 12% in 2022, however.Apple also didn't overwhelm investors with recent results. Its fiscal third-quarter sales grew by only 1.9% to $83 billion, and operating income dropped by 4.4% to $23.1 billion. This covered the period that ended on June 25. But the weaker sales and profitability should prove an aberration.The iPhone, which made up 49% of the quarter's sales, grew by 2.8% to $40.7 billion. That is likely to accelerate as Apple is reported to be readying the imminent launch of its latest version. It remains a popular product, garnering a strong market share in the U.S. and abroad.There's also the company's fast-growing services business, which saw a 12.1% top-line increase in the most recent quarter. This includes the App Store, advertising, and tech support.The stock sells at a P/S ratio of 6.6, down from nearly eight earlier this year.Bottom lineSo which stock offers better prospects? It's a close call, but I give the edge to Amazon. Apple relies on the iPhone for nearly half of its sales, and a weak reaction, although seemingly unlikely, presents a risk. Amazon has a strong and growing AWS business while its other businesses should rebound as the company focuses on improving profitability.","news_type":1},"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931908570,"gmtCreate":1662375415690,"gmtModify":1676537047907,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931908570","repostId":"2264713810","repostType":4,"repost":{"id":"2264713810","pubTimestamp":1662422226,"share":"https://ttm.financial/m/news/2264713810?lang=&edition=fundamental","pubTime":"2022-09-06 07:57","market":"us","language":"en","title":"Palantir: Down 80% - Move Slowly, Size Properly, And Diversify","url":"https://stock-news.laohu8.com/highlight/detail?id=2264713810","media":"Seeking Alpha","summary":"SummaryPalantir is down 80% from its all-time high.Investors getting back to even face a tough road ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir is down 80% from its all-time high.</li><li>Investors getting back to even face a tough road ahead.</li><li>Volatility can cloud judgment and amplifies emotions.</li><li>PLTR could be a Buy for certain investors; I'm cautiously optimistic.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5161cf24383825916fdda5a8d1265e6a\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Maria Symchych-Navrotska</span></p><p><b>Down 80%</b></p><p>Palantir (NYSE:PLTR) is down 80% from its all-time high. Actually, to be very precise, PLTR is down 81%, but what's 1% between friends?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95e793f0a76a887f0d46cde8613a143b\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/><span>PLTR data by YCharts</span></p><p>So, what was happening back then?</p><ul><li>Palantir Technologiesbags new $22.5M contract in Japan</li><li>Fujitsu signs $8M contract as Palantir Foundry customer</li><li>Palantir selected to work on Army’s Ground Station modernization</li><li>Palantir announces multi-million dollar deal with PG&E</li><li>Palantir shares surge 25% ahead of Demo Day</li></ul><p>It certainly wasn't all good news:</p><ul><li>Palantir cut to sell at Citi ahead of lockup, decelerating growth</li></ul><p>Yet, we were in the days of Wall Street Bets going wild. And, the key back in early 2021 was that PLTR was riding high on sentiment, <i>and retail</i>. At that point in time, few people were thinking about "macro" at all:</p><blockquote>Retail trading is definitely changing the way markets function, but what really seems to matter is that we now have a stock picker's market for the first time since the dot-com bubble. That means stocks may be less sensitive to the broader economy than they used to be, while the professionals need to pay attention to a new generation of investors that entered the scene after the rise of commission-free trading. Instead of following many of the upgrades and downgrades on Wall Street, they're doing their own research on platforms like Seeking Alpha, and signaling a new era to the DIY investing atmosphere.</blockquote><p>Of course, we know from even the most basic charts that retail went sour and macro has taken over for now: interest rates, inflation, war, just to name a few factors that have taken hold. I was rather clear about this in May 2022:</p><blockquote>The biggest macro story last year into this year was that growth was shifting to value. Of course, PLTR is clearly in the growth category. However, at this time, we have the perfect storm of inflation, supply chain issues, growth out of favor, and way more. Just about everything is against PLTR in the grand view.</blockquote><p><b>Are We Really Down 80%</b></p><p>This is where things get tricky. I'm down about 35% because my cost basis is over $11. It's not too hard to mathematically figure out how far an investor is down. It's also not mathematically hard to figure out how much is required to get back to even. The problem is that it's psychologically difficult to put losses and gains together.Here's what I mean:</p><blockquote>One of the more compelling aspects of investing is the math of gains and losses. Very simply, a 50% gain does not allow a portfolio to recover from a 50% loss. In fact, a 100% gain is required to restore a 50% loss.</blockquote><p>Here's a compelling picture to better understand how this works:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b77ef4ec0b7a3bd2e6445460fe02376\" tg-width=\"640\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/><span>The Math of Recovery From a Portfolio Loss (Craig Israelsen, Ph.D.)</span></p><p>Importantly, this also applies to any individual stock. The math doesn't change because we're looking at the S&P 500 (SPY) or PLTR.</p><p>Making this personal, I'm down 35% so PLTR needs to gain about 54% from here for me to get back to even on my investment. As I'm writing this up, PLTR is trading at $7.40 so I can multiply by 1.54 (i.e., 54%) to see that is how I get back to my cost basis of $11.40.</p><p>Again, I must stress that the math isn't too difficult. The decline is easy to calculate. And, the gain is easy to calculate. But, what happens is that we anchor to our starting price, so the recovery feels extra painful. Pain and pleasure are not symmetric.</p><blockquote>If there is a tiger chasing after you versus a suitcase full of money in front of you, which would motivate the average person to act quickly? Avoiding a certain amount of immediate pain wins over gaining immediate pleasure every time. Studies have demonstrated time and time again that people will do much more to avoid short-term pain than they will to gain short-term pleasure.</blockquote><p>This is why having a long-term view of an investment is so critical. The more you check your investments, like PLTR, the more likely you are to feel bad. This is true even when the stock is mostly going up, because every tick down is 2-3x more painful than one tick up. Furthermore, this also partially explains why it's critical to have a portfolio that makes you comfortable. In other words, diversification helps to moderate feelings because quite often at least some investments are going up.</p><p><b>Putting The "Loss" in Perspective</b></p><p>My little psychology lesson here is of paramount importance. If you believe that PLTR is a meme stock, then you will be thinking of PLTR as a short-term play. It's quite likely that selling will happen on big dips and it will be painful.</p><p>On the other hand, if you believe Alex Karp, in that PLTR is a long-term play, then your patience will grow dramatically.Hat Tip to Samuel Smith for clarifying this, in regards to Karp speaking at the World Economic Forum:</p><blockquote>Given the required scale, scope, and strength of enterprise software products, PLTR typically takes up to 5 years to fully build them. As a result, the true value of PLTR at any point in time is often never fully appreciated until ~5 years down the road. The bright side of this, however, is that due to the length of time required for fully building and implementing a new enterprise software product, they often have even longer durations in the marketplace.</blockquote><p>I don't think I've ever really made the case that PLTR was a short play. My minimum is nearly always 2-3 years, often much longer. When you buy PLTR, you better plan on holding a long time or you'll almost certainly be selling.</p><p>Here, let me help you with that using a simple visual.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdb4a1bd8a48e99a7dde89069d38ff1f\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/><span>PLTR 30-Day Rolling Volatility data by YCharts</span></p><p>That's volatility and it will shake weak hands, forcing them to sell. That's the fear part of volatility. But keep in mind that volatility also generates greed. When the price is rising like crazy the herd jumps on board:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06bef574ff547e600696e1a28b73f598\" tg-width=\"640\" tg-height=\"177\" referrerpolicy=\"no-referrer\"/><span>25% PLTR Share Price Gain Without Any Catalysts (Seeking Alpha)</span></p><p>No new catalysts? That's not entirely true because we know from the title that this was on the cusp of PLTR's Demo Day. Emotions. Sentiment. Yes, that's absolutely true, <i>and the expectations of the herd itself was the catalyst</i>. Although, to be clear, and fair, there was no tangible catalyst on July 22nd, 2021. In any event, we know PLTR will vacillate. I see no reason why this will not continue so "Fair Warning!" is issued again: <i>Here There Be Volatility</i>.</p><p><b>Wrap Up</b></p><p>Most investors holding PLTR are holding onto a capital loss. The downside is the difficult problem of getting back to even, or even moving into the green. We're all looking to win, right?</p><p>The upside is that it's now a bit easier to understand PLTR's price action, with a reference to volatility. Furthermore, it's a wee bit more simple to know what it will take to get to even, at least in terms of the financials.</p><p>What are the catalysts?Q2 2022 tells us quite a bit:</p><ul><li>Overall Revenue Growth (i.e., $473 million in Q2 2022)</li><li>Customer Count Increases (e.g., Q2 2022 count up to 304 from 169 YoY)</li><li>TAM Expansion (i.e., Gotham, Foundry, Apollo all open for expansion)</li><li>New Products (e.g., Edge AI, HyperAuto, OPIs, Cosmos, Pipeline Builder)</li><li>Developer Community (e.g., Foundry Docs, APIs public, Content Creators)</li></ul><p>Of course, I'm still frustrated by stock-based compensation. Just look up some of my PLTR articles. It comes up many times. But, I also note that I expect that to burn down a lot over the next 2-3 years. We'll see.</p><p>While I do think that PLTR's 30% growth is at risk, I said this too:</p><blockquote>I believe that PLTR is still a Hold. Furthermore, I would not consider buying unless we see the price dip below $8, although that might not be low enough to get me to pull the trigger. We're in rough waters right now. But, again, I do think this is very unique and special company, that should do well over the very long term.</blockquote><p>The company isn't going bankrupt, or anything remotely that silly. And, we are below $8 at this time. I'm going to very, very cautiously issue a "Buy" of PLTR at this point, for those investors looking to lower their cost basis, and also for those investors who want to tip toe into the company. Tread carefully. Move slowly. Size properly, and be sure to diversify as appropriate for your risk tolerance and portfolio composition.</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>Palantir: Down 80% - Move Slowly, Size Properly, And Diversify</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: Down 80% - Move Slowly, Size Properly, And Diversify\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-06 07:57 GMT+8 <a href=https://seekingalpha.com/article/4538855-palantir-down-80-percent-move-slowly-size-properly-and-diversify><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir is down 80% from its all-time high.Investors getting back to even face a tough road ahead.Volatility can cloud judgment and amplifies emotions.PLTR could be a Buy for certain investors...</p>\n\n<a href=\"https://seekingalpha.com/article/4538855-palantir-down-80-percent-move-slowly-size-properly-and-diversify\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4538855-palantir-down-80-percent-move-slowly-size-properly-and-diversify","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264713810","content_text":"SummaryPalantir is down 80% from its all-time high.Investors getting back to even face a tough road ahead.Volatility can cloud judgment and amplifies emotions.PLTR could be a Buy for certain investors; I'm cautiously optimistic.Maria Symchych-NavrotskaDown 80%Palantir (NYSE:PLTR) is down 80% from its all-time high. Actually, to be very precise, PLTR is down 81%, but what's 1% between friends?PLTR data by YChartsSo, what was happening back then?Palantir Technologiesbags new $22.5M contract in JapanFujitsu signs $8M contract as Palantir Foundry customerPalantir selected to work on Army’s Ground Station modernizationPalantir announces multi-million dollar deal with PG&EPalantir shares surge 25% ahead of Demo DayIt certainly wasn't all good news:Palantir cut to sell at Citi ahead of lockup, decelerating growthYet, we were in the days of Wall Street Bets going wild. And, the key back in early 2021 was that PLTR was riding high on sentiment, and retail. At that point in time, few people were thinking about \"macro\" at all:Retail trading is definitely changing the way markets function, but what really seems to matter is that we now have a stock picker's market for the first time since the dot-com bubble. That means stocks may be less sensitive to the broader economy than they used to be, while the professionals need to pay attention to a new generation of investors that entered the scene after the rise of commission-free trading. Instead of following many of the upgrades and downgrades on Wall Street, they're doing their own research on platforms like Seeking Alpha, and signaling a new era to the DIY investing atmosphere.Of course, we know from even the most basic charts that retail went sour and macro has taken over for now: interest rates, inflation, war, just to name a few factors that have taken hold. I was rather clear about this in May 2022:The biggest macro story last year into this year was that growth was shifting to value. Of course, PLTR is clearly in the growth category. However, at this time, we have the perfect storm of inflation, supply chain issues, growth out of favor, and way more. Just about everything is against PLTR in the grand view.Are We Really Down 80%This is where things get tricky. I'm down about 35% because my cost basis is over $11. It's not too hard to mathematically figure out how far an investor is down. It's also not mathematically hard to figure out how much is required to get back to even. The problem is that it's psychologically difficult to put losses and gains together.Here's what I mean:One of the more compelling aspects of investing is the math of gains and losses. Very simply, a 50% gain does not allow a portfolio to recover from a 50% loss. In fact, a 100% gain is required to restore a 50% loss.Here's a compelling picture to better understand how this works:The Math of Recovery From a Portfolio Loss (Craig Israelsen, Ph.D.)Importantly, this also applies to any individual stock. The math doesn't change because we're looking at the S&P 500 (SPY) or PLTR.Making this personal, I'm down 35% so PLTR needs to gain about 54% from here for me to get back to even on my investment. As I'm writing this up, PLTR is trading at $7.40 so I can multiply by 1.54 (i.e., 54%) to see that is how I get back to my cost basis of $11.40.Again, I must stress that the math isn't too difficult. The decline is easy to calculate. And, the gain is easy to calculate. But, what happens is that we anchor to our starting price, so the recovery feels extra painful. Pain and pleasure are not symmetric.If there is a tiger chasing after you versus a suitcase full of money in front of you, which would motivate the average person to act quickly? Avoiding a certain amount of immediate pain wins over gaining immediate pleasure every time. Studies have demonstrated time and time again that people will do much more to avoid short-term pain than they will to gain short-term pleasure.This is why having a long-term view of an investment is so critical. The more you check your investments, like PLTR, the more likely you are to feel bad. This is true even when the stock is mostly going up, because every tick down is 2-3x more painful than one tick up. Furthermore, this also partially explains why it's critical to have a portfolio that makes you comfortable. In other words, diversification helps to moderate feelings because quite often at least some investments are going up.Putting The \"Loss\" in PerspectiveMy little psychology lesson here is of paramount importance. If you believe that PLTR is a meme stock, then you will be thinking of PLTR as a short-term play. It's quite likely that selling will happen on big dips and it will be painful.On the other hand, if you believe Alex Karp, in that PLTR is a long-term play, then your patience will grow dramatically.Hat Tip to Samuel Smith for clarifying this, in regards to Karp speaking at the World Economic Forum:Given the required scale, scope, and strength of enterprise software products, PLTR typically takes up to 5 years to fully build them. As a result, the true value of PLTR at any point in time is often never fully appreciated until ~5 years down the road. The bright side of this, however, is that due to the length of time required for fully building and implementing a new enterprise software product, they often have even longer durations in the marketplace.I don't think I've ever really made the case that PLTR was a short play. My minimum is nearly always 2-3 years, often much longer. When you buy PLTR, you better plan on holding a long time or you'll almost certainly be selling.Here, let me help you with that using a simple visual.PLTR 30-Day Rolling Volatility data by YChartsThat's volatility and it will shake weak hands, forcing them to sell. That's the fear part of volatility. But keep in mind that volatility also generates greed. When the price is rising like crazy the herd jumps on board:25% PLTR Share Price Gain Without Any Catalysts (Seeking Alpha)No new catalysts? That's not entirely true because we know from the title that this was on the cusp of PLTR's Demo Day. Emotions. Sentiment. Yes, that's absolutely true, and the expectations of the herd itself was the catalyst. Although, to be clear, and fair, there was no tangible catalyst on July 22nd, 2021. In any event, we know PLTR will vacillate. I see no reason why this will not continue so \"Fair Warning!\" is issued again: Here There Be Volatility.Wrap UpMost investors holding PLTR are holding onto a capital loss. The downside is the difficult problem of getting back to even, or even moving into the green. We're all looking to win, right?The upside is that it's now a bit easier to understand PLTR's price action, with a reference to volatility. Furthermore, it's a wee bit more simple to know what it will take to get to even, at least in terms of the financials.What are the catalysts?Q2 2022 tells us quite a bit:Overall Revenue Growth (i.e., $473 million in Q2 2022)Customer Count Increases (e.g., Q2 2022 count up to 304 from 169 YoY)TAM Expansion (i.e., Gotham, Foundry, Apollo all open for expansion)New Products (e.g., Edge AI, HyperAuto, OPIs, Cosmos, Pipeline Builder)Developer Community (e.g., Foundry Docs, APIs public, Content Creators)Of course, I'm still frustrated by stock-based compensation. Just look up some of my PLTR articles. It comes up many times. But, I also note that I expect that to burn down a lot over the next 2-3 years. We'll see.While I do think that PLTR's 30% growth is at risk, I said this too:I believe that PLTR is still a Hold. Furthermore, I would not consider buying unless we see the price dip below $8, although that might not be low enough to get me to pull the trigger. We're in rough waters right now. But, again, I do think this is very unique and special company, that should do well over the very long term.The company isn't going bankrupt, or anything remotely that silly. And, we are below $8 at this time. I'm going to very, very cautiously issue a \"Buy\" of PLTR at this point, for those investors looking to lower their cost basis, and also for those investors who want to tip toe into the company. Tread carefully. Move slowly. Size properly, and be sure to diversify as appropriate for your risk tolerance and portfolio composition.","news_type":1},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933398588,"gmtCreate":1662217389444,"gmtModify":1676537019620,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933398588","repostId":"1184784977","repostType":4,"repost":{"id":"1184784977","pubTimestamp":1662174038,"share":"https://ttm.financial/m/news/1184784977?lang=&edition=fundamental","pubTime":"2022-09-03 11:00","market":"other","language":"en","title":"September May Bring The S&P 500 Back To Its June Lows","url":"https://stock-news.laohu8.com/highlight/detail?id=1184784977","media":"Seeking Alpha","summary":"SummaryThe S&P 500 has fallen sharply in recent days, as the dovish pivot has vanished.An FOMC meeti","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The S&P 500 has fallen sharply in recent days, as the dovish pivot has vanished.</li><li>An FOMC meeting and a slew of economic data will make September very volatile.</li><li>Rising rates and uncertainty could put the June lows in play.</li></ul><p>Stocks are off to a turbulent start in September, as the Fed crushed all hopes of a dovish pivot at the Jackson Hole meeting last Friday. To make matters worse, September will hold several key economic data points and an FOMC meeting which could create even more volatility in a seasonally lousy time.</p><p>Today's job report appeared a bit weaker on the surface due to the rising unemployment rate. However, the jobs data showed that the pace of hiring in the economy is still strong, and wage growth remains elevated, despite rising slower than inflation.</p><p>The increase in unemployment was driven mainly by the number of workers not in the workforce dropping by 613,000 while the population growth increased by 172,000. This increased the civilian labor force by 786,000, with 442,000 finding work and 344,000 moving into the unemployed column. Unemployment didn't rise because people were losing jobs; unemployment increased because people were pulled into the labor force, perhaps because of solid wage growth, which increased by 5.2% year-over-year.</p><p><img src=\"https://static.tigerbbs.com/b84ce593ffddaaaf877449fe8aa645d2\" tg-width=\"640\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p><p>BLS.GOV</p><p>More interesting is that the pace of hiring in the household survey accelerated in August and increased at its fastest rate since March 2022. None of the data from the unemployment report would suggest the Fed is likely to do anything different than it has previously indicated.</p><p><img src=\"https://static.tigerbbs.com/791401f8937b11a9c345764a956dbed6\" tg-width=\"640\" tg-height=\"338\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Meanwhile, CPI is likely still tracking above 8% for August and September, based on the Cleveland Fed estimates. Currently, estimates are for a year-over-year inflation rate of 8.3% for August, and 8.4% for September. Meanwhile, core CPI is forecast to rise by 6.25% in August and 6.6% in September. The increase in CPI for August would be slightly slower than 8.5% for July, while core CPI would be somewhat faster than the 5.9% y/y change.</p><p><img src=\"https://static.tigerbbs.com/f7e19e82ac100d02e922240146dd66a6\" tg-width=\"640\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>A rising core CPI and a strong employment report could push the Fed to raise rates by 75 bps in September. While markets are leaning towards a 75 bps rate hike in September, they aren't convinced, with current odds at just 62%.</p><p><img src=\"https://static.tigerbbs.com/67b0ea44418c49e83255c4d0524d70bb\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\"/></p><p>CME Group</p><p>On top of that September tends to be, on average over the past 30 years, the weakest month with an average decline of -0.34%. The declines have been as much as 11%, and the gains have been as much as 8.8%.</p><p><img src=\"https://static.tigerbbs.com/779c427f3192a6ad21f8686b92e742f1\" tg-width=\"640\" tg-height=\"434\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>S&P 500 Valuation Is Rich Versus Bonds</b></p><p>Data and questions around the next Fed meeting will create a lot of volatility in an already weak time of the year. Interest rates have risen dramatically since Jackson Hole, pushing the S&P 500's valuation to historically high levels relative to the 10-yr yield, with a current spread between the earnings yield and the 10-yr rate now at 2.47%. But given, that spread should be widening because that is what happens when financial conditions tighten, it tells us that stocks are overvalued currently versus bonds.</p><p><img src=\"https://static.tigerbbs.com/fb5d69d23d8cf6e3e3a3fc0d6ef85286\" tg-width=\"640\" tg-height=\"235\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>With a nominal 10-Yr rate hovering around 3.25%, if the spread between the S&P 500 earnings yield and the 10-Yr rate moves up to 3%, it would assume an earnings yield for the S&P 500 of 6.25%, or a PE Ratio of 16, which is about 9% lower than the S&P's current PE of roughly 17.6. That would equate to a value on the S&P 500 of approximately 3,640 and close to the June lows.</p><p><b>June Lows Are In-Play</b></p><p>The likelihood of the S&P 500 retesting those June lows seems to be increasing, and today's job data isn't likely to help. The fact of the matter is that rates are rising, and the August jobs data do not suggest the Fed should slow rate hikes or change its policy path, and the CPI data isn't likely to either. This means the Fed should remain on course to raise rates to around 4% by the middle of 2023, as the Fed Funds Futures are pricing. Given that, it will be tough for an equity rally to see a sustained advance.</p><p><img src=\"https://static.tigerbbs.com/0df38f9295305d9279da28bfae09f5b1\" tg-width=\"640\" tg-height=\"503\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>As rates continue to price higher, not only will nominal rates climb, but so will real rates, and currently, the 5-year and 10-Yr TIP rates have climbed right back to or above their cycle highs. This means that if real rates are rising, shouldn't the earnings yield of the S&P 500 be rising too? After all, they have followed each other this closely for the past five years; shouldn't that continue well into the future?</p><p><img src=\"https://static.tigerbbs.com/7d089ca0d6d95c63abe24819e26ed648\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Unless, of course, you still think the Fed will make a dovish pivot.</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>September May Bring The S&P 500 Back To Its June Lows</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\">\nSeptember May Bring The S&P 500 Back To Its June Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-03 11:00 GMT+8 <a href=https://seekingalpha.com/article/4538702-september-may-bring-the-s-and-p-500-back-to-its-june-lows><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe S&P 500 has fallen sharply in recent days, as the dovish pivot has vanished.An FOMC meeting and a slew of economic data will make September very volatile.Rising rates and uncertainty could ...</p>\n\n<a href=\"https://seekingalpha.com/article/4538702-september-may-bring-the-s-and-p-500-back-to-its-june-lows\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4538702-september-may-bring-the-s-and-p-500-back-to-its-june-lows","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184784977","content_text":"SummaryThe S&P 500 has fallen sharply in recent days, as the dovish pivot has vanished.An FOMC meeting and a slew of economic data will make September very volatile.Rising rates and uncertainty could put the June lows in play.Stocks are off to a turbulent start in September, as the Fed crushed all hopes of a dovish pivot at the Jackson Hole meeting last Friday. To make matters worse, September will hold several key economic data points and an FOMC meeting which could create even more volatility in a seasonally lousy time.Today's job report appeared a bit weaker on the surface due to the rising unemployment rate. However, the jobs data showed that the pace of hiring in the economy is still strong, and wage growth remains elevated, despite rising slower than inflation.The increase in unemployment was driven mainly by the number of workers not in the workforce dropping by 613,000 while the population growth increased by 172,000. This increased the civilian labor force by 786,000, with 442,000 finding work and 344,000 moving into the unemployed column. Unemployment didn't rise because people were losing jobs; unemployment increased because people were pulled into the labor force, perhaps because of solid wage growth, which increased by 5.2% year-over-year.BLS.GOVMore interesting is that the pace of hiring in the household survey accelerated in August and increased at its fastest rate since March 2022. None of the data from the unemployment report would suggest the Fed is likely to do anything different than it has previously indicated.BloombergMeanwhile, CPI is likely still tracking above 8% for August and September, based on the Cleveland Fed estimates. Currently, estimates are for a year-over-year inflation rate of 8.3% for August, and 8.4% for September. Meanwhile, core CPI is forecast to rise by 6.25% in August and 6.6% in September. The increase in CPI for August would be slightly slower than 8.5% for July, while core CPI would be somewhat faster than the 5.9% y/y change.BloombergA rising core CPI and a strong employment report could push the Fed to raise rates by 75 bps in September. While markets are leaning towards a 75 bps rate hike in September, they aren't convinced, with current odds at just 62%.CME GroupOn top of that September tends to be, on average over the past 30 years, the weakest month with an average decline of -0.34%. The declines have been as much as 11%, and the gains have been as much as 8.8%.BloombergS&P 500 Valuation Is Rich Versus BondsData and questions around the next Fed meeting will create a lot of volatility in an already weak time of the year. Interest rates have risen dramatically since Jackson Hole, pushing the S&P 500's valuation to historically high levels relative to the 10-yr yield, with a current spread between the earnings yield and the 10-yr rate now at 2.47%. But given, that spread should be widening because that is what happens when financial conditions tighten, it tells us that stocks are overvalued currently versus bonds.BloombergWith a nominal 10-Yr rate hovering around 3.25%, if the spread between the S&P 500 earnings yield and the 10-Yr rate moves up to 3%, it would assume an earnings yield for the S&P 500 of 6.25%, or a PE Ratio of 16, which is about 9% lower than the S&P's current PE of roughly 17.6. That would equate to a value on the S&P 500 of approximately 3,640 and close to the June lows.June Lows Are In-PlayThe likelihood of the S&P 500 retesting those June lows seems to be increasing, and today's job data isn't likely to help. The fact of the matter is that rates are rising, and the August jobs data do not suggest the Fed should slow rate hikes or change its policy path, and the CPI data isn't likely to either. This means the Fed should remain on course to raise rates to around 4% by the middle of 2023, as the Fed Funds Futures are pricing. Given that, it will be tough for an equity rally to see a sustained advance.BloombergAs rates continue to price higher, not only will nominal rates climb, but so will real rates, and currently, the 5-year and 10-Yr TIP rates have climbed right back to or above their cycle highs. This means that if real rates are rising, shouldn't the earnings yield of the S&P 500 be rising too? After all, they have followed each other this closely for the past five years; shouldn't that continue well into the future?BloombergUnless, of course, you still think the Fed will make a dovish pivot.","news_type":1},"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939385246,"gmtCreate":1662070291589,"gmtModify":1676536797829,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939385246","repostId":"1117024163","repostType":4,"repost":{"id":"1117024163","pubTimestamp":1662045560,"share":"https://ttm.financial/m/news/1117024163?lang=&edition=fundamental","pubTime":"2022-09-01 23:19","market":"us","language":"en","title":"US Jobs Data Have Potential to Push Fed Toward Third Jumbo Hike","url":"https://stock-news.laohu8.com/highlight/detail?id=1117024163","media":"Bloomberg","summary":"Payrolls seen climbing 298,000; hourly wages forecast up 5.3%Data follow mostly firmer recent readin","content":"<html><head></head><body><ul><li>Payrolls seen climbing 298,000; hourly wages forecast up 5.3%</li><li>Data follow mostly firmer recent readings on labor market</li></ul><p>The hotly anticipated US jobs report has the potential to tip the scales toward a third jumbo-sized hike in interest rates later this month after a wave of data that point to a resilient consumer and high labor demand.</p><p>Friday’s report is one of the last marquee releases Fed officials will have in hand before the mid-September policy meeting to help them decipher a complex economic and inflationary puzzle.</p><p>Forecasts call for a healthy, yet more moderate 298,000 gain in August payrolls and for the unemployment rate to hold steady at 3.5%, matching the lowest in five decades. Solid wage growth is also expected amid a persistent mismatch between labor demand and supply.</p><p><img src=\"https://static.tigerbbs.com/14a5bf5d132b576d974952b7bae5f5b7\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>Such figures, in conjunction with a blowout July employment print, improving consumer sentiment figures and a surprise pickup in job openings, could be enough to push the Fed to raise borrowing costs by 75 basis points, extending the steepest interest-rate hikes in a generation to curb an inflation surge.</p><p>“In the context of all those data, this report becomes very important,” said Anna Wong, chief US economist at Bloomberg Economics. It could “put a stamp of confirmation” on the trend the other data have been showing -- that the economy is very resilient.</p><p>Fresh data out Thursday suggest demand for labor continues to be healthy. Initial applications for unemployment benefits dropped for a third week to a two-month low, according to Labor Department data.</p><p>However, any indication of much softer employment growth in Friday’s report, combined with a bigger slowdown in the Labor Department’s average hourly earnings figures, may help shift expectations toward a half-point rate hike. Still, Fed officials will need to see results of the consumer price index later this month to crystallize their views on the appropriate policy response.</p><p>Fed Chair Jerome Powell said last week the central bank’s decision later this month “will depend on the totality of the incoming data and the evolving outlook.”</p><p>One important component of the jobs report will be the pay metrics. Economists expect the report will show a 0.4% increase in average hourly earnings from a month earlier and a 5.3% rise from August 2021. The annual increase would represent a slight acceleration from the previous two months.</p><p>A slowdown in wage growth could give Fed officials some comfort by suggesting a softening in inflationary pressures, though that is not always the case, said Claudia Sahm, founder of Stay-At-Home Macro (SAHM) Consulting and a former Fed economist.</p><p>“Everything should be viewed through the lens of ‘what could this mean for inflation?’” said Sahm.</p><p>Companies have been raising pay across industries and income brackets to attract and retain workers. That’s underpinning consumer spending as Americans weather rising prices for essentials like food and rents. It also makes the Fed’s challenge of slowing down the economy to stem price gains that much more difficult.</p><p>New data from ADP Research Institute on Wednesday showed the median annual pay for those who stayed in their jobs rose 7.6% in August from a year earlier. Job switchers saw more than twice that.</p><p>Still, US companies increased headcount at a relatively sluggish pace in August with ADP reporting a 132,000 gain that was the smallest since the start of last year.</p><p>The employment report is where policy makers “probably place the highest signal value about where underlying momentum is,” said Michael Gapen, head of US economics at Bank of America Corp.</p><p>And while Friday’s report could be instrumental in pushing policy makers toward another 75 basis point hike at the conclusion of their two-day meeting on Sept. 21, there’s another big report on the horizon that the central bank will consider: the closely-watched CPI.</p><h3>Inflation Data</h3><p>Minneapolis Fed President Neel Kashkari said in an interview with Bloomberg’s Odd Lots podcast that he will be watching the jobs report for signs of what is happening with wage growth but emphasized his focus on inflation data when thinking about the September rate move.</p><p>“Ultimately, I’m very focused more than anything on the inflation data and the inflation expectation data,” Kashkari said in a Monday interview that aired on Thursday. “For me individually, I don’t think the labor market itself is going to be determinative of 50 versus 75.”</p><p>That sentiment was echoed by Atlanta Fed chief Raphael Bostic.</p><p>“Incoming data -- if they clearly show that inflation has begun slowing -- might give us reason to dial back from the hikes of 75 basis points,” Bostic said in an essay posted on his bank’s website Tuesday.</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>US Jobs Data Have Potential to Push Fed Toward Third Jumbo Hike</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\">\nUS Jobs Data Have Potential to Push Fed Toward Third Jumbo Hike\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-01 23:19 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-09-01/us-jobs-data-have-potential-to-push-fed-toward-third-jumbo-hike><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Payrolls seen climbing 298,000; hourly wages forecast up 5.3%Data follow mostly firmer recent readings on labor marketThe hotly anticipated US jobs report has the potential to tip the scales toward a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-01/us-jobs-data-have-potential-to-push-fed-toward-third-jumbo-hike\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-09-01/us-jobs-data-have-potential-to-push-fed-toward-third-jumbo-hike","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117024163","content_text":"Payrolls seen climbing 298,000; hourly wages forecast up 5.3%Data follow mostly firmer recent readings on labor marketThe hotly anticipated US jobs report has the potential to tip the scales toward a third jumbo-sized hike in interest rates later this month after a wave of data that point to a resilient consumer and high labor demand.Friday’s report is one of the last marquee releases Fed officials will have in hand before the mid-September policy meeting to help them decipher a complex economic and inflationary puzzle.Forecasts call for a healthy, yet more moderate 298,000 gain in August payrolls and for the unemployment rate to hold steady at 3.5%, matching the lowest in five decades. Solid wage growth is also expected amid a persistent mismatch between labor demand and supply.Such figures, in conjunction with a blowout July employment print, improving consumer sentiment figures and a surprise pickup in job openings, could be enough to push the Fed to raise borrowing costs by 75 basis points, extending the steepest interest-rate hikes in a generation to curb an inflation surge.“In the context of all those data, this report becomes very important,” said Anna Wong, chief US economist at Bloomberg Economics. It could “put a stamp of confirmation” on the trend the other data have been showing -- that the economy is very resilient.Fresh data out Thursday suggest demand for labor continues to be healthy. Initial applications for unemployment benefits dropped for a third week to a two-month low, according to Labor Department data.However, any indication of much softer employment growth in Friday’s report, combined with a bigger slowdown in the Labor Department’s average hourly earnings figures, may help shift expectations toward a half-point rate hike. Still, Fed officials will need to see results of the consumer price index later this month to crystallize their views on the appropriate policy response.Fed Chair Jerome Powell said last week the central bank’s decision later this month “will depend on the totality of the incoming data and the evolving outlook.”One important component of the jobs report will be the pay metrics. Economists expect the report will show a 0.4% increase in average hourly earnings from a month earlier and a 5.3% rise from August 2021. The annual increase would represent a slight acceleration from the previous two months.A slowdown in wage growth could give Fed officials some comfort by suggesting a softening in inflationary pressures, though that is not always the case, said Claudia Sahm, founder of Stay-At-Home Macro (SAHM) Consulting and a former Fed economist.“Everything should be viewed through the lens of ‘what could this mean for inflation?’” said Sahm.Companies have been raising pay across industries and income brackets to attract and retain workers. That’s underpinning consumer spending as Americans weather rising prices for essentials like food and rents. It also makes the Fed’s challenge of slowing down the economy to stem price gains that much more difficult.New data from ADP Research Institute on Wednesday showed the median annual pay for those who stayed in their jobs rose 7.6% in August from a year earlier. Job switchers saw more than twice that.Still, US companies increased headcount at a relatively sluggish pace in August with ADP reporting a 132,000 gain that was the smallest since the start of last year.The employment report is where policy makers “probably place the highest signal value about where underlying momentum is,” said Michael Gapen, head of US economics at Bank of America Corp.And while Friday’s report could be instrumental in pushing policy makers toward another 75 basis point hike at the conclusion of their two-day meeting on Sept. 21, there’s another big report on the horizon that the central bank will consider: the closely-watched CPI.Inflation DataMinneapolis Fed President Neel Kashkari said in an interview with Bloomberg’s Odd Lots podcast that he will be watching the jobs report for signs of what is happening with wage growth but emphasized his focus on inflation data when thinking about the September rate move.“Ultimately, I’m very focused more than anything on the inflation data and the inflation expectation data,” Kashkari said in a Monday interview that aired on Thursday. “For me individually, I don’t think the labor market itself is going to be determinative of 50 versus 75.”That sentiment was echoed by Atlanta Fed chief Raphael Bostic.“Incoming data -- if they clearly show that inflation has begun slowing -- might give us reason to dial back from the hikes of 75 basis points,” Bostic said in an essay posted on his bank’s website Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930220157,"gmtCreate":1661982339881,"gmtModify":1676536614252,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9930220157","repostId":"1164311011","repostType":4,"repost":{"id":"1164311011","pubTimestamp":1661959824,"share":"https://ttm.financial/m/news/1164311011?lang=&edition=fundamental","pubTime":"2022-08-31 23:30","market":"us","language":"en","title":"Powell Abandons Soft Landing Goal as He Seeks Growth Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1164311011","media":"Bloomberg","summary":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water tortur","content":"<html><head></head><body><ul><li>Fed chief wants weak growth, soft jobs market to cut inflation</li><li>‘It’s a bit like dripping water torture,’ economist Swonk says</li></ul><p>Forget about a soft landing. Federal Reserve Chair Jerome Powell is now aiming for something much more painful for the economy to put an end to elevated inflation. The trouble is, even that may not be enough.</p><p>It’s known to economists by the paradoxical name of a “growth recession.” Unlike a soft landing, it’s a protracted period of meager growth and rising unemployment. But it stops short of an outright contraction of the economy.</p><p>Powell “buried the concept of a soft landing” with his Aug. 26 speech in Jackson Hole, Wyoming, said Diane Swonk, chief economist at KPMG LLP. Now, “the Fed’s goal is to grind inflation down by slowing growth below its potential,” which officials peg at 1.8%.</p><p>“It’s a bit like dripping water torture,” added Swonk, who attended the Fed’s annual Jackson Hole symposium last week. “It is a torturous process but less torturous and less painful than an abrupt recession.”</p><p><img src=\"https://static.tigerbbs.com/7890c48b572b0230d3c1d5b68836e06a\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>The shift in Powell’s message got the attention of Wall Street. Stock prices have swooned since the Fed chair vowed to do what it takes to rid the economy of too-high inflation.</p><p>Politicians in Washington took note too. Massachusetts Senator and former Democratic Party presidential hopeful Elizabeth Warren voiced concern that the Fed could tip the economy into a recession, while Senate Republican Party leader Mitch McConnell said a downturn was likely as the central bank raises rates to combat inflation.</p><p>In the archetypal soft landing in 1994-95, the Fed slowed the economy briefly and contained inflation through a doubling of interest rates. But unemployment never really rose. It just stopped falling for a while.</p><p>The late New York University economist Solomon Fabricant coined the term “growth recession” in research published in 1972. While such a scenario may not be as costly as an actual contraction, it poses dangers for the economy nonetheless, he suggested at the time.</p><p>A tiger contained “is not the same as a tiger loose in the streets, but neither is it a paper tiger,” he wrote.</p><p>Powell has seemingly concluded that it will take a tiger -- and not just a soft landing -- to attack America’s pernicious inflation. In his Jackson Hole speech, he said the labor market was “clearly out of balance,” with the demand for workers substantially exceeding the supply. That’s led to rapid wage rises that are incompatible with the Fed’s 2% inflation target.</p><p>“Reducing inflation is likely to require a sustained period of below-trend growth,” Powell said. “Moreover, there will very likely be some softening of labor market conditions” -- widely seen as a euphemism for higher unemployment.</p><p>Joblessness probably held steady in August at a five-decade low of 3.5% as payroll growth slowed to 300,000 from 528,000 in July, according to the median forecast of economists surveyed by Bloomberg. The monthly data are scheduled to be released by the Labor Department on Friday.</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>Powell Abandons Soft Landing Goal as He Seeks Growth Recession</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\">\nPowell Abandons Soft Landing Goal as He Seeks Growth Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 23:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164311011","content_text":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now aiming for something much more painful for the economy to put an end to elevated inflation. The trouble is, even that may not be enough.It’s known to economists by the paradoxical name of a “growth recession.” Unlike a soft landing, it’s a protracted period of meager growth and rising unemployment. But it stops short of an outright contraction of the economy.Powell “buried the concept of a soft landing” with his Aug. 26 speech in Jackson Hole, Wyoming, said Diane Swonk, chief economist at KPMG LLP. Now, “the Fed’s goal is to grind inflation down by slowing growth below its potential,” which officials peg at 1.8%.“It’s a bit like dripping water torture,” added Swonk, who attended the Fed’s annual Jackson Hole symposium last week. “It is a torturous process but less torturous and less painful than an abrupt recession.”The shift in Powell’s message got the attention of Wall Street. Stock prices have swooned since the Fed chair vowed to do what it takes to rid the economy of too-high inflation.Politicians in Washington took note too. Massachusetts Senator and former Democratic Party presidential hopeful Elizabeth Warren voiced concern that the Fed could tip the economy into a recession, while Senate Republican Party leader Mitch McConnell said a downturn was likely as the central bank raises rates to combat inflation.In the archetypal soft landing in 1994-95, the Fed slowed the economy briefly and contained inflation through a doubling of interest rates. But unemployment never really rose. It just stopped falling for a while.The late New York University economist Solomon Fabricant coined the term “growth recession” in research published in 1972. While such a scenario may not be as costly as an actual contraction, it poses dangers for the economy nonetheless, he suggested at the time.A tiger contained “is not the same as a tiger loose in the streets, but neither is it a paper tiger,” he wrote.Powell has seemingly concluded that it will take a tiger -- and not just a soft landing -- to attack America’s pernicious inflation. In his Jackson Hole speech, he said the labor market was “clearly out of balance,” with the demand for workers substantially exceeding the supply. That’s led to rapid wage rises that are incompatible with the Fed’s 2% inflation target.“Reducing inflation is likely to require a sustained period of below-trend growth,” Powell said. “Moreover, there will very likely be some softening of labor market conditions” -- widely seen as a euphemism for higher unemployment.Joblessness probably held steady in August at a five-decade low of 3.5% as payroll growth slowed to 300,000 from 528,000 in July, according to the median forecast of economists surveyed by Bloomberg. The monthly data are scheduled to be released by the Labor Department on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930346343,"gmtCreate":1661907732285,"gmtModify":1676536601240,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930346343","repostId":"1113965751","repostType":4,"repost":{"id":"1113965751","pubTimestamp":1661903685,"share":"https://ttm.financial/m/news/1113965751?lang=&edition=fundamental","pubTime":"2022-08-31 07:54","market":"us","language":"en","title":"Fed Gets New Path to Go Big as Job Openings, Confidence Surprise","url":"https://stock-news.laohu8.com/highlight/detail?id=1113965751","media":"Bloomberg","summary":"Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tam","content":"<html><head></head><body><ul><li>Two indicators top forecasts, pointing to strength in demand</li><li>Strong data complicates Fed’s job to tamp down inflation</li></ul><p>US jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.</p><p>The Conference Board’s August index of sentiment rose to athree-month high, and the report also showed firmer buying plans for appliances and cars. Job vacancies, meanwhile, unexpectedly increased to11.2 millionin July, close to a record and underscoring persistent tightness in the labor market.</p><p>One job-market indicator scrutinized by Fed Chair Jerome Powell -- the number of jobs available per unemployed person in the country -- rose to about 2 in July.</p><p>Combined, the figures show rock-solid labor demand and resilient household demand even as US central bankers step harder on the monetary policy brakes. Without a commensurate slowdown in consumer spending and an easing of wage pressure, the Fed’s fight to bring inflation down from decades-high levels will be that much more difficult.</p><p>“The Fed’s efforts to temper demand for labor still have a long way to go,” Wells Fargo & Co. economists Sarah House and Michael Pugliese said in a note. “The ratio of job openings per unemployed worker rebounded back up to 2.0 in another sign that the stark imbalances between the supply and demand for workers have yet to ease, let alone resolve.”</p><p><img src=\"https://static.tigerbbs.com/9304bb5e71fbdfaa54762661a5c72e95\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Powell said in a speech Friday at the Kansas City Fed’s annual policy forum in Jackson Hole, Wyoming, that bringing price pressures down toward the Fed’s 2% target was the central bank’s “overarching focus right now.”</p><p>Fed officials lifted rates by 75 basis points at each of their last two meetings and Powell has said that another unusually large increase of this size could be on the table when they next meet Sept. 20-21. Policy makers have said the decision will be determined by economic data, including the monthly jobs report due Friday and another update on consumer prices that will be released in two weeks.</p><p>The surprise strength in Tuesday’s indicators suggests that labor demand isn’t likely to abate soon, in spite of the rising interest rates. The consumer confidence gauge showed that Americans are growing more optimistic about the economy amid falling gasoline prices -- even as the costs of other essential items including food continue to rise at a quick pace.</p><p>“That lends itself to the narrative that if consumers are more confident, they’ll keep on spending, and maybe that means inflationary pressures that will keep the Fed on their tightening path,” said Derek Holt, an economist at Scotiabank who expects the Fed to raise rates by 75 basis points in September.</p><p>Following hawkish comments from Powell and other policy makers in Jackson Hole, investors are leaning toward a 75-basis-point hike, according to prices of futures contracts linked to the US central bank’s benchmark rate.</p><p>On the job-market front, vacancies have exceeded 11 million for eight-straight months and the unemployment rate remains historically low.</p><p>Some of the largest increases in vacancies were in retail trade, and transportation, warehousing and utilities. Arts, entertainment and recreation also posted more openings from the prior month, and so did federal government and state and local government education.</p><blockquote>“Demand for labor shows no sign of cooling despite the Fed’s efforts to slow it down. Job openings failed to decline in July and the ratio of job openings per unemployed -- one of the Fed’s preferred measures of labor-market tightness -- remained near a record high. That suggests the central bank needs to keep on an aggressive rate-hike course, tipping the scale toward a 75-basis-point increase at the September FOMC meeting.”</blockquote><blockquote>-- Eliza Winger, economist</blockquote><p>Some measures did indicate a slight tempering of wage growth down the road. The share of Americans quitting their private-sector jobseased last monthto the lowest level since May 2021.</p><p>In the Conference Board report, the share of consumers who said jobs were “plentiful” decreased slightly to 48%. However, six months from now, more respondents expected business conditions to improve. They said they are slightly more positive about their short-term financial prospects.</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>Fed Gets New Path to Go Big as Job Openings, Confidence Surprise</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 Gets New Path to Go Big as Job Openings, Confidence Surprise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 07:54 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tamp down inflationUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-30/fed-gets-more-data-to-go-big-in-job-openings-confidence-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113965751","content_text":"Two indicators top forecasts, pointing to strength in demandStrong data complicates Fed’s job to tamp down inflationUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.The Conference Board’s August index of sentiment rose to athree-month high, and the report also showed firmer buying plans for appliances and cars. Job vacancies, meanwhile, unexpectedly increased to11.2 millionin July, close to a record and underscoring persistent tightness in the labor market.One job-market indicator scrutinized by Fed Chair Jerome Powell -- the number of jobs available per unemployed person in the country -- rose to about 2 in July.Combined, the figures show rock-solid labor demand and resilient household demand even as US central bankers step harder on the monetary policy brakes. Without a commensurate slowdown in consumer spending and an easing of wage pressure, the Fed’s fight to bring inflation down from decades-high levels will be that much more difficult.“The Fed’s efforts to temper demand for labor still have a long way to go,” Wells Fargo & Co. economists Sarah House and Michael Pugliese said in a note. “The ratio of job openings per unemployed worker rebounded back up to 2.0 in another sign that the stark imbalances between the supply and demand for workers have yet to ease, let alone resolve.”Powell said in a speech Friday at the Kansas City Fed’s annual policy forum in Jackson Hole, Wyoming, that bringing price pressures down toward the Fed’s 2% target was the central bank’s “overarching focus right now.”Fed officials lifted rates by 75 basis points at each of their last two meetings and Powell has said that another unusually large increase of this size could be on the table when they next meet Sept. 20-21. Policy makers have said the decision will be determined by economic data, including the monthly jobs report due Friday and another update on consumer prices that will be released in two weeks.The surprise strength in Tuesday’s indicators suggests that labor demand isn’t likely to abate soon, in spite of the rising interest rates. The consumer confidence gauge showed that Americans are growing more optimistic about the economy amid falling gasoline prices -- even as the costs of other essential items including food continue to rise at a quick pace.“That lends itself to the narrative that if consumers are more confident, they’ll keep on spending, and maybe that means inflationary pressures that will keep the Fed on their tightening path,” said Derek Holt, an economist at Scotiabank who expects the Fed to raise rates by 75 basis points in September.Following hawkish comments from Powell and other policy makers in Jackson Hole, investors are leaning toward a 75-basis-point hike, according to prices of futures contracts linked to the US central bank’s benchmark rate.On the job-market front, vacancies have exceeded 11 million for eight-straight months and the unemployment rate remains historically low.Some of the largest increases in vacancies were in retail trade, and transportation, warehousing and utilities. Arts, entertainment and recreation also posted more openings from the prior month, and so did federal government and state and local government education.“Demand for labor shows no sign of cooling despite the Fed’s efforts to slow it down. Job openings failed to decline in July and the ratio of job openings per unemployed -- one of the Fed’s preferred measures of labor-market tightness -- remained near a record high. That suggests the central bank needs to keep on an aggressive rate-hike course, tipping the scale toward a 75-basis-point increase at the September FOMC meeting.”-- Eliza Winger, economistSome measures did indicate a slight tempering of wage growth down the road. The share of Americans quitting their private-sector jobseased last monthto the lowest level since May 2021.In the Conference Board report, the share of consumers who said jobs were “plentiful” decreased slightly to 48%. However, six months from now, more respondents expected business conditions to improve. They said they are slightly more positive about their short-term financial prospects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997629491,"gmtCreate":1661810945515,"gmtModify":1676536580410,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997629491","repostId":"2262162956","repostType":4,"repost":{"id":"2262162956","pubTimestamp":1661786631,"share":"https://ttm.financial/m/news/2262162956?lang=&edition=fundamental","pubTime":"2022-08-29 23:23","market":"us","language":"en","title":"Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2262162956","media":"Motley Fool","summary":"These fast-paced companies with unmatched innovative capacity are screaming buys following a peak decline of 34% in the Nasdaq Composite.","content":"<html><head></head><body><p>This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic <b>Dow Jones Industrial Average</b>, benchmark <b>S&P 500</b>, and growth-focused <b>Nasdaq Composite</b>, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&P 500 and Nasdaq firmly placed both indexes in a bear market.</p><p>To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That's because every major stock market decline throughout history has, eventually, been erased by a bull market.</p><p>With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you'll regret not buying on the Nasdaq bear market dip.</p><h2><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>The first phenomenal growth stock you'll be kicking yourself over if you don't buy it during the Nasdaq bear market dip is social media giant <b>Meta Platforms</b>. Meta is the company formerly known as Facebook.</p><p>Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that's over half the global adult population), Meta is in prime position to command strong ad-pricing power.</p><p>The other reason to like Meta is the company's aggressive investments in the "metaverse" -- i.e., the next iteration of the internet which'll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it'll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.</p><p>Shares of Meta Platforms are cheaper than they've ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.</p><h2><a href=\"https://laohu8.com/S/PUBM\">PubMatic</a></h2><p>A second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company <b>PubMatic</b>. Although PubMatic is contending with same advertising spending weakness as Meta, it's on track to grow by a considerably faster rate.</p><p>PubMatic is what's known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren't many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.</p><p>Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.</p><p>If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and <i>no debt</i>!</p><h2><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a></h2><p>The third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company <b>Palantir Technologies</b>. Palantir's valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it's now ripe for the picking.</p><p>What makes Palantir such an intriguing investment for long-term growth investors is that there's no other company offering what it does at scale. The company's AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.</p><p>For the past couple of years, Gotham has been Palantir's primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir's golden ticket. Whereas not all governments can utilize Palantir's proprietary software, Foundry's ceiling is <i>much</i> higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.</p><p>Though recurring profitability could be a few years away, Palantir's superb topline growth and niche industry positioning can send shares significantly higher.</p><h2><a href=\"https://laohu8.com/S/LOVE\">Lovesac</a></h2><p>A fourth exceptional growth stock you'll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company <b>Lovesac</b>. <i>Yes</i>, I really said "growth" and "furniture company" in the same sentence.</p><p>Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.</p><p>First off, its furniture is unique. The company's "sactionals" -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.</p><p>Secondly, Lovesac's omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company's substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships. With less inventory needed in physical retail stores, Lovesac's overhead expenses are considerably lower than its peers.</p><h2>Alphabet</h2><p>The fifth and final unsurpassable growth stock you'll regret not buying during the Nasdaq bear market dip is FAANG stock <b>Alphabet</b>. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.</p><p>The no-brainer reason to pile into Alphabet is the company's absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.</p><p>But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.</p><p>There's also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.</p><p>Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.</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>Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip</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\">\nNasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 23:23 GMT+8 <a href=https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","GOOG":"谷歌","META":"Meta Platforms, Inc."},"source_url":"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262162956","content_text":"This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic Dow Jones Industrial Average, benchmark S&P 500, and growth-focused Nasdaq Composite, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&P 500 and Nasdaq firmly placed both indexes in a bear market.To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That's because every major stock market decline throughout history has, eventually, been erased by a bull market.With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you'll regret not buying on the Nasdaq bear market dip.Meta PlatformsThe first phenomenal growth stock you'll be kicking yourself over if you don't buy it during the Nasdaq bear market dip is social media giant Meta Platforms. Meta is the company formerly known as Facebook.Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that's over half the global adult population), Meta is in prime position to command strong ad-pricing power.The other reason to like Meta is the company's aggressive investments in the \"metaverse\" -- i.e., the next iteration of the internet which'll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it'll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.Shares of Meta Platforms are cheaper than they've ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.PubMaticA second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company PubMatic. Although PubMatic is contending with same advertising spending weakness as Meta, it's on track to grow by a considerably faster rate.PubMatic is what's known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren't many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and no debt!Palantir TechnologiesThe third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company Palantir Technologies. Palantir's valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it's now ripe for the picking.What makes Palantir such an intriguing investment for long-term growth investors is that there's no other company offering what it does at scale. The company's AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.For the past couple of years, Gotham has been Palantir's primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir's golden ticket. Whereas not all governments can utilize Palantir's proprietary software, Foundry's ceiling is much higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.Though recurring profitability could be a few years away, Palantir's superb topline growth and niche industry positioning can send shares significantly higher.LovesacA fourth exceptional growth stock you'll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company Lovesac. Yes, I really said \"growth\" and \"furniture company\" in the same sentence.Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.First off, its furniture is unique. The company's \"sactionals\" -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.Secondly, Lovesac's omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company's substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships. With less inventory needed in physical retail stores, Lovesac's overhead expenses are considerably lower than its peers.AlphabetThe fifth and final unsurpassable growth stock you'll regret not buying during the Nasdaq bear market dip is FAANG stock Alphabet. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.The no-brainer reason to pile into Alphabet is the company's absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.There's also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997008219,"gmtCreate":1661723790434,"gmtModify":1676536564280,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997008219","repostId":"2262577972","repostType":4,"repost":{"id":"2262577972","pubTimestamp":1661556973,"share":"https://ttm.financial/m/news/2262577972?lang=&edition=fundamental","pubTime":"2022-08-27 07:36","market":"us","language":"en","title":"What Is Going on With Jianzhi Education Stock Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262577972","media":"InvestorPlace","summary":"Jianzhi Education (JZ) stock is gaining with its public debut today.This comes as speculative invest","content":"<html><head></head><body><ul><li><b>Jianzhi Education</b> (<b><u>JZ</u></b>) stock is gaining with its public debut today.</li><li>This comes as speculative investors take interest in the company.</li><li>That's likely behind the over 450% increase in the stock's price.</li></ul><p><a href=\"https://laohu8.com/S/JZ\">Jianzhi Education</a> stock is rocketing higher on Friday following the public debut of its shares on the <b>Nasdaq Exchange</b>.</p><p>This follows Jianzhi Education pricing its $25 million initial public offering (<b>IPO</b>) yesterday. The company priced shares of JZ stock at $5 each. The offering includes 5 million shares with an option for underwriters to buy an additional 750,000 shares.</p><p>Jianzhi Education is a digital educational content company based out of Beijing. It was founded in 2011 and operates in China. Its services include developing educational content and IT services to higher education institutions.</p><h2>Why Is JZ Stock Rising Today?</h2><p>While it’s not uncommon to see a company’s shares increase during its IPO, the growth JZ stock has seen is phenomenal. The company’s shares gained as much as 1,000% today and are up 275% on Friday. Trading volume is also sitting at more than 600,000 shares.</p><p><img src=\"https://static.tigerbbs.com/25ef423ad35f3a09170647f887055e70\" tg-width=\"806\" tg-height=\"715\" width=\"100%\" height=\"auto\"/></p><p>What we’re likely seeing here is speculators pushing up the price of the stock. This has been a recent trend among IPOs lately as speculative traders take out stakes in the company in hopes of selling them later for profits.</p><p>This does mean that traders will want to be careful about investing in JZ stock right now. Speculators can cause volatility for a stock, which can result in highs becoming lows in a short period of time.</p></body></html>","source":"investorplace","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>What Is Going on With Jianzhi Education Stock Today?</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\">\nWhat Is Going on With Jianzhi Education Stock Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 07:36 GMT+8 <a href=https://investorplace.com/2022/08/what-is-going-on-with-jianzhi-education-jz-stock-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jianzhi Education (JZ) stock is gaining with its public debut today.This comes as speculative investors take interest in the company.That's likely behind the over 450% increase in the stock's price....</p>\n\n<a href=\"https://investorplace.com/2022/08/what-is-going-on-with-jianzhi-education-jz-stock-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JZ":"见知教育"},"source_url":"https://investorplace.com/2022/08/what-is-going-on-with-jianzhi-education-jz-stock-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262577972","content_text":"Jianzhi Education (JZ) stock is gaining with its public debut today.This comes as speculative investors take interest in the company.That's likely behind the over 450% increase in the stock's price.Jianzhi Education stock is rocketing higher on Friday following the public debut of its shares on the Nasdaq Exchange.This follows Jianzhi Education pricing its $25 million initial public offering (IPO) yesterday. The company priced shares of JZ stock at $5 each. The offering includes 5 million shares with an option for underwriters to buy an additional 750,000 shares.Jianzhi Education is a digital educational content company based out of Beijing. It was founded in 2011 and operates in China. Its services include developing educational content and IT services to higher education institutions.Why Is JZ Stock Rising Today?While it’s not uncommon to see a company’s shares increase during its IPO, the growth JZ stock has seen is phenomenal. The company’s shares gained as much as 1,000% today and are up 275% on Friday. Trading volume is also sitting at more than 600,000 shares.What we’re likely seeing here is speculators pushing up the price of the stock. This has been a recent trend among IPOs lately as speculative traders take out stakes in the company in hopes of selling them later for profits.This does mean that traders will want to be careful about investing in JZ stock right now. Speculators can cause volatility for a stock, which can result in highs becoming lows in a short period of time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994436109,"gmtCreate":1661668174405,"gmtModify":1676536558848,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994436109","repostId":"2262908721","repostType":4,"repost":{"id":"2262908721","pubTimestamp":1661646786,"share":"https://ttm.financial/m/news/2262908721?lang=&edition=fundamental","pubTime":"2022-08-28 08:33","market":"us","language":"en","title":"2 Top Stocks to Buy in September to Fight Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=2262908721","media":"Zacks","summary":"With surging prices still a major issue and the Fed determined to keep up its fight, investors might","content":"<html><head></head><body><p>With surging prices still a major issue and the Fed determined to keep up its fight, investors might want to buy stocks poised to outpace inflation heading into September and beyond.</p><p>Stocks tumbled through early afternoon trading Friday after Powell gave his highly anticipated speech from Jackson Hole. The Fed Chair’s comments shouldn’t have come as too much of a surprise to the market, since Powell and many of his peers had remained steadfast in their commitment to raising rates to combat soaring prices.</p><p>Yet, the market appeared to be hoping for something far more dovish. Much of the stock market’s run off its mid-June lows came on the back of growing sentiment that inflation had finally peaked and the Fed could take a step back. </p><p>Unfortunately, bets on peak inflation always seemed a bit premature and far too optimistic since inflation remained at 40-year highs in July, and gas prices, although down from their peaks, were still up 40% YoY. Plus, unemployment hit 50-year lows and a tight labor market pushed up wages.</p><p>Powell acknowledged once again Friday that the Fed understands it might have to cause some harm on the jobs and growth fronts if it hopes to tame inflation. “Those are the unfortunate costs of reducing inflation,” Powell said during his Jackson Hole remarks. “But a failure to restore price stability would mean far greater pain.”</p><p>Growth stocks that rallied off their mid-June lows could come under pressure. And changing consumer habits are quickly making their way through the economy. </p><p>Thankfully, there are still stocks poised to outperform the market during the ongoing bout of inflation.</p><p>The first stock that we dive into today is <a href=\"https://laohu8.com/S/XOM\">Exxon Mobil Corporation</a>. Exxon is coming off another blockbuster quarter where it generated roughly $17 billion in free cash flow. The U.S. oil titan’s earnings estimates continue to soar, driven by strong oil prices, streamlined business operations, and beyond. Plus, XOM’s valuation and dividend payout help make Exxon worth considering at the moment.</p><p>The next stock up is big box retail titan <a href=\"https://laohu8.com/S/COST\">Costco Wholesale</a>. Costco is a one-stop shop and it’s able to keep its prices low because of its membership fees. Costco’s memberships also help foster very loyal customers. COST is set to post another year of double-digit earnings and revenue growth. Plus, Costco shares have held up well in 2022 and have crushed Target, its industry, and the market over the past decade. </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>2 Top Stocks to Buy in September to Fight Inflation</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\">\n2 Top Stocks to Buy in September to Fight Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-28 08:33 GMT+8 <a href=https://www.zacks.com/stock/news/1973072/2-top-stocks-to-buy-in-september-to-fight-inflation?art_rec=home-home-investment_ideas_stocks-ID01-txt-1973072><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With surging prices still a major issue and the Fed determined to keep up its fight, investors might want to buy stocks poised to outpace inflation heading into September and beyond.Stocks tumbled ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1973072/2-top-stocks-to-buy-in-september-to-fight-inflation?art_rec=home-home-investment_ideas_stocks-ID01-txt-1973072\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4570":"地缘局势概念股","XOM":"埃克森美孚","BK4504":"桥水持仓","BK4534":"瑞士信贷持仓","BK4516":"特朗普概念","BK4155":"大卖场与超市","BK4581":"高盛持仓","BK4201":"综合性石油与天然气企业","BK4533":"AQR资本管理(全球第二大对冲基金)","COST":"好市多"},"source_url":"https://www.zacks.com/stock/news/1973072/2-top-stocks-to-buy-in-september-to-fight-inflation?art_rec=home-home-investment_ideas_stocks-ID01-txt-1973072","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262908721","content_text":"With surging prices still a major issue and the Fed determined to keep up its fight, investors might want to buy stocks poised to outpace inflation heading into September and beyond.Stocks tumbled through early afternoon trading Friday after Powell gave his highly anticipated speech from Jackson Hole. The Fed Chair’s comments shouldn’t have come as too much of a surprise to the market, since Powell and many of his peers had remained steadfast in their commitment to raising rates to combat soaring prices.Yet, the market appeared to be hoping for something far more dovish. Much of the stock market’s run off its mid-June lows came on the back of growing sentiment that inflation had finally peaked and the Fed could take a step back. Unfortunately, bets on peak inflation always seemed a bit premature and far too optimistic since inflation remained at 40-year highs in July, and gas prices, although down from their peaks, were still up 40% YoY. Plus, unemployment hit 50-year lows and a tight labor market pushed up wages.Powell acknowledged once again Friday that the Fed understands it might have to cause some harm on the jobs and growth fronts if it hopes to tame inflation. “Those are the unfortunate costs of reducing inflation,” Powell said during his Jackson Hole remarks. “But a failure to restore price stability would mean far greater pain.”Growth stocks that rallied off their mid-June lows could come under pressure. And changing consumer habits are quickly making their way through the economy. Thankfully, there are still stocks poised to outperform the market during the ongoing bout of inflation.The first stock that we dive into today is Exxon Mobil Corporation. Exxon is coming off another blockbuster quarter where it generated roughly $17 billion in free cash flow. The U.S. oil titan’s earnings estimates continue to soar, driven by strong oil prices, streamlined business operations, and beyond. Plus, XOM’s valuation and dividend payout help make Exxon worth considering at the moment.The next stock up is big box retail titan Costco Wholesale. Costco is a one-stop shop and it’s able to keep its prices low because of its membership fees. Costco’s memberships also help foster very loyal customers. COST is set to post another year of double-digit earnings and revenue growth. Plus, Costco shares have held up well in 2022 and have crushed Target, its industry, and the market over the past decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994856841,"gmtCreate":1661607247287,"gmtModify":1676536548959,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994856841","repostId":"1145230290","repostType":4,"repost":{"id":"1145230290","pubTimestamp":1661577025,"share":"https://ttm.financial/m/news/1145230290?lang=&edition=fundamental","pubTime":"2022-08-27 13:10","market":"us","language":"en","title":"NIO Concludes Internal Review of Seller Report; Street Says Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1145230290","media":"TipRanks","summary":"Shares of the company are up ~8% over the past five days, and analysts are seeing a further 62.4% upside based on a Strong Buy consensus rating and an averageNIO stock price targetof $33.04. Deutsche Bank’sEdison Yuis even more optimistic about NIO with a Buy rating and a price target of $45, which points to a massive 120.5% potential upside. The analyst feels the market is yet to fully take cognizance of NIO’s expanding global footprint.Closing Thoughts – NIO Stock is Starting to Emerging from ","content":"<div>\n<p>Story HighlightsNIO has concluded the internal review of the allegations made by short-seller Grizzly Research. Analysts, in the meantime, are screaming Buy ahead of its Q2 numbers on September 7....</p>\n\n<a href=\"https://www.tipranks.com/news/nio-nysenio-concludes-internal-review-of-seller-report-street-says-buy\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Concludes Internal Review of Seller Report; Street Says Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Concludes Internal Review of Seller Report; Street Says Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 13:10 GMT+8 <a href=https://www.tipranks.com/news/nio-nysenio-concludes-internal-review-of-seller-report-street-says-buy><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsNIO has concluded the internal review of the allegations made by short-seller Grizzly Research. Analysts, in the meantime, are screaming Buy ahead of its Q2 numbers on September 7....</p>\n\n<a href=\"https://www.tipranks.com/news/nio-nysenio-concludes-internal-review-of-seller-report-street-says-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"https://www.tipranks.com/news/nio-nysenio-concludes-internal-review-of-seller-report-street-says-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145230290","content_text":"Story HighlightsNIO has concluded the internal review of the allegations made by short-seller Grizzly Research. Analysts, in the meantime, are screaming Buy ahead of its Q2 numbers on September 7.Smart EV maker NIO Inc. has provided an update on its independent internal review of the allegations made by short-seller Grizzly Research in June about the company exaggerating its numbers. In response, NIO had set up an independent committee of its Board of directors to review the allegations. The committee had also roped in an international law firm and a forensic accounting firm to assist in the process.The review is now “substantially” complete, and the committee has “concluded that these allegations were not substantiated.”When Do NIO Earnings Come Out?In another development, NIO is set to report its second-quarter numbers before the market opens on September 7. The Street expects NIO to report a net loss per share of $0.17 for the period.In the last eight quarters, NIO has failed to surpass consensus estimates only three times. In the comparable year-ago period, it reported a net loss per share of $0.06 versus the analysts’ expectations of a net loss per share of $0.09.Furthermore, the company is gearing up to hit the Chinese market with its ES7 SUV and the European market with its ET7 electric sedan. The vehicle deliveries in Europe could potentially boost NIO’s numbers in the fourth quarter.Is NIO Stock a Buy?Shares of the company are up ~8% over the past five days, and analysts are seeing a further 62.4% upside based on a Strong Buy consensus rating and an averageNIO stock price targetof $33.04. Deutsche Bank’sEdison Yuis even more optimistic about NIO with a Buy rating and a price target of $45, which points to a massive 120.5% potential upside. The analyst feels the market is yet to fully take cognizance of NIO’s expanding global footprint.Closing Thoughts – NIO Stock is Starting to Emerging from ChallengesNIO is beginning to emerge from challenges such as the severe COVID-19 lockdown and supply-chain bottlenecks. The findings of the internal review should help shore up investor confidence after the short seller report. All eyes will now be on the quarterly numbers on September 7.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995608115,"gmtCreate":1661464753939,"gmtModify":1676536521260,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995608115","repostId":"2262018006","repostType":4,"repost":{"id":"2262018006","pubTimestamp":1661419523,"share":"https://ttm.financial/m/news/2262018006?lang=&edition=fundamental","pubTime":"2022-08-25 17:25","market":"us","language":"en","title":"Is Tesla's Stock Split Good For Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262018006","media":"Seeking Alpha","summary":"This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?This is probably the most important question for most investors and also the most difficult to answer.There'ssome evidencethat companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and i","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>I answer some of the most common questions from investors about stock splits.</li><li>Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.</li><li>I also recap Tesla's recent Q2 earnings report.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea05668b1422a0e51297e199e4d62ddc\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Ajax9/iStock Editorial via Getty Images</span></p><p><b>Thesis</b></p><p>After Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I've shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn't material to my thesis, investors may have questions about how the split works, and I'll attempt to answer some of the common ones in this article.</p><p><b>Stock Split FAQs</b></p><p>I covered Tesla's stock split in my last article, but I'll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.</p><p><b>How Do Stock Splits Impact Your Investment?</b></p><p>The total value of your investment isn't directly impacted by the stock split because a company's market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.</p><p>For example, say Tesla is worth $900 before the split and you have one share. After the split, you'll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there's a split going on.</p><p>It's also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.</p><p><b>What Happens If You Buy Tesla Before The Split?</b></p><p>Buying Tesla stock before the split is not very different from buying it after the split or any other day. You'd buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.</p><p><b>When Will Tesla Stock Split?</b></p><p>You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.</p><p><b>How Many Times Has Tesla Stock Split?</b></p><p>This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.</p><p><b>Is Tesla's Stock Split Good For Investors?</b></p><p>In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.</p><p>There's some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn't recommend betting on short-term price appreciation in a single stock because of its split.</p><p>However, splits certainly aren't bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.</p><p>Also, companies usually won't split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.</p><p>Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it's clear that stock splits are more positive than negative.</p><p><b>Q2 Earnings</b></p><p>Because the stock split doesn't impact Tesla's fundamentals, I won't adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla's Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.</p><p>I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla's ability to maintain >50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.</p><p>I've never believed Tesla's 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management's bullishness and my expectation for slower growth in the back half of the decade.</p><p>Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla's now-larger ttm revenue and EPS.</p><p><b>Conclusion</b></p><p>Stock splits tend to get a lot of media coverage, but for long-term investors they're not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that's not a guarantee of future performance.</p><p>If Tesla continues beating analysts' expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn't leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn't extreme.</p><p><i>This article was written by Kennan Mell. </i></p><p><i>This article is for reference only. You can take what is useful to you.</i></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>Is Tesla's Stock Split Good For 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\">\nIs Tesla's Stock Split Good For Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 17:25 GMT+8 <a href=https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262018006","content_text":"SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap Tesla's recent Q2 earnings report.Ajax9/iStock Editorial via Getty ImagesThesisAfter Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I've shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn't material to my thesis, investors may have questions about how the split works, and I'll attempt to answer some of the common ones in this article.Stock Split FAQsI covered Tesla's stock split in my last article, but I'll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.How Do Stock Splits Impact Your Investment?The total value of your investment isn't directly impacted by the stock split because a company's market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.For example, say Tesla is worth $900 before the split and you have one share. After the split, you'll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there's a split going on.It's also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.What Happens If You Buy Tesla Before The Split?Buying Tesla stock before the split is not very different from buying it after the split or any other day. You'd buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.When Will Tesla Stock Split?You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.How Many Times Has Tesla Stock Split?This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.There's some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn't recommend betting on short-term price appreciation in a single stock because of its split.However, splits certainly aren't bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.Also, companies usually won't split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it's clear that stock splits are more positive than negative.Q2 EarningsBecause the stock split doesn't impact Tesla's fundamentals, I won't adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla's Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla's ability to maintain >50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.I've never believed Tesla's 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management's bullishness and my expectation for slower growth in the back half of the decade.Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla's now-larger ttm revenue and EPS.ConclusionStock splits tend to get a lot of media coverage, but for long-term investors they're not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that's not a guarantee of future performance.If Tesla continues beating analysts' expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn't leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn't extreme.This article was written by Kennan Mell. This article is for reference only. You can take what is useful to you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992791412,"gmtCreate":1661378843838,"gmtModify":1676536504323,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992791412","repostId":"2261626907","repostType":4,"repost":{"id":"2261626907","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":1661353956,"share":"https://ttm.financial/m/news/2261626907?lang=&edition=fundamental","pubTime":"2022-08-24 23:12","market":"us","language":"en","title":"Twitter Backs Spam Account Methodology in Response to SEC Letter","url":"https://stock-news.laohu8.com/highlight/detail?id=2261626907","media":"Reuters","summary":"Aug 24 (Reuters) - Twitter Inc has reiterated that spam accounts on its platform represent fewer tha","content":"<html><head></head><body><p>Aug 24 (Reuters) - Twitter Inc has reiterated that spam accounts on its platform represent fewer than 5% of its total users, in response to the U.S. Securities and Exchange Commission's (SEC) letter in June seeking details on its methodology.</p><p>"Twitter believes that it already adequately discloses the methodology that it uses in calculating these figures," the company said in a letter dated June 22 to the regulator, according to its filing on Wednesday.</p><p>Twitter did not immediately respond to a request for additional comment.</p><p>This comes ahead of a highly watched legal showdown between Twitter and Elon Musk who wants to back out of his deal to buy the company for $44 billion, arguing Twitter misled the billionaire about the number of bot and spam accounts on its platform.</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>Twitter Backs Spam Account Methodology in Response to SEC Letter</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\">\nTwitter Backs Spam Account Methodology in Response to SEC Letter\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\">2022-08-24 23:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 24 (Reuters) - Twitter Inc has reiterated that spam accounts on its platform represent fewer than 5% of its total users, in response to the U.S. Securities and Exchange Commission's (SEC) letter in June seeking details on its methodology.</p><p>"Twitter believes that it already adequately discloses the methodology that it uses in calculating these figures," the company said in a letter dated June 22 to the regulator, according to its filing on Wednesday.</p><p>Twitter did not immediately respond to a request for additional comment.</p><p>This comes ahead of a highly watched legal showdown between Twitter and Elon Musk who wants to back out of his deal to buy the company for $44 billion, arguing Twitter misled the billionaire about the number of bot and spam accounts on its platform.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261626907","content_text":"Aug 24 (Reuters) - Twitter Inc has reiterated that spam accounts on its platform represent fewer than 5% of its total users, in response to the U.S. Securities and Exchange Commission's (SEC) letter in June seeking details on its methodology.\"Twitter believes that it already adequately discloses the methodology that it uses in calculating these figures,\" the company said in a letter dated June 22 to the regulator, according to its filing on Wednesday.Twitter did not immediately respond to a request for additional comment.This comes ahead of a highly watched legal showdown between Twitter and Elon Musk who wants to back out of his deal to buy the company for $44 billion, arguing Twitter misled the billionaire about the number of bot and spam accounts on its platform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992181521,"gmtCreate":1661292179966,"gmtModify":1676536487922,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992181521","repostId":"2261168350","repostType":4,"repost":{"id":"2261168350","pubTimestamp":1661268577,"share":"https://ttm.financial/m/news/2261168350?lang=&edition=fundamental","pubTime":"2022-08-23 23:29","market":"us","language":"en","title":"Bitcoin’s Next Move: 5 Things to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2261168350","media":"Barrons","summary":"Bitcoin climbed almost 25% in July, but investors are unlikely to see a repeat of those gains in Aug","content":"<html><head></head><body><p>Bitcoin climbed almost 25% in July, but investors are unlikely to see a repeat of those gains in August. Digital assets continue to trade sideways, and Bitcoin -- the largest crypto -- can't seem to break out of the $20,000 to $24,000 range.</p><p>With Bitcoin still trading at less than one-third of its all-time high near $69,000, reached in November 2021, optimistic cryptocurrency holders are likely to continue hoping for something that will drive token prices higher. There are at least five trends that investors should be watching, according to Sheena Shah and Kinji Steimetz, analysts at Morgan Stanley.</p><p>One trend, the crypto equivalent of quantitative tightening, is the falling availability of stablecoins like Tether's USDT and Circle's USDC, the analysts wrote in a note Friday. Stablecoins stand at the heart of the crypto world, forming the foundations of trading and lending activities, and their availability is a key sign of both liquidity in crypto and demand for leverage, or money borrowed to trade.</p><p>Changes in the market capitalization of stablecoins -- a measure of the amount in circulation since each coin is meant to be worth a dollar -- could be a leading indicator of Bitcoin prices, according to Shah and Steimetz. In June, Tether's market cap fell 20% in about a month, while Bitcoin fell 45% over the same period to below $30,000.</p><p>"This week marked the first time since April that stablecoin market capitalization has stopped falling on a monthly basis," the Morgan Stanley analysts said. "This may be a sign that the extreme institutional deleveraging appears to have paused for now."</p><p>A widespread halt to deleveraging in crypto could signal that the worst of the recent market turmoil is over, paving the way for institutions and other influential traders to turn bullish on Bitcoin again.</p><p>That is why changes in demand for leverage in crypto, similarly indicated by the market cap of stablecoins, is the second trend to keep an eye on. If demand for leverage in crypto rises, prompting people to move dollars into stablecoins, the market caps of stablecoins would likely rise. That could mark a bullish turn because leverage exacerbates prices swings and raises the prospect that gains from solid rallies would be juiced up.</p><p>However, "there doesn't seem to be huge demand to re-leverage in the crypto world at this moment: decentralised finance (DeFi) platform lending is still down 70% this year," wrote Shah and Steimetz. "In our opinion, it will be hard for this crypto cycle to bottom without fiat leverage growing or crypto leverage growing."</p><p>The third trend to watch is stablecoins' market caps relative to one another, specifically swings in the relationship between the amount of issued USDT and USDC, the most influential stablecoins pegged to the U.S. dollar and the third- and fourth-largest digital tokens.</p><p>Typically, the market caps of USDT and USDC move in opposite directions -- i.e. traders seem to generally rotate out of one and into another -- and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> sees a link between periods when USDC total value is growing and later gains in Bitcoin prices.</p><p>"The general trends in USDC market capitalization growth appear to lead growth of Bitcoin's price about two months later," the Morgan Stanley team said, noting that "of course we cannot use this as a trading signal as the historical relationship is volatile, has outliers (Bitcoin rally in June) and not a long history."</p><p>Nevertheless, it is a compelling flag. Tether's market cap fell by $9 billion over the course of a week in early May, to $74 billion from $83 billion, while USDC's market cap jumped to $52 billion from $48 billion over the same period. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> months later -- July -- saw Bitcoin notch its best month all year.</p><p>Now, this trend looks to be reversing course, with USDC's circulation now down almost $4 billion from its July peak while issuance of USDT has been growing. If the pattern holds, that could be negative for Bitcoin.</p><p>Ultimately, however, the macroeconomic picture is what matters, according to Morgan Stanley. While Bitcoin and its peers should, in theory, be uncorrelated to mainstream finance, they have shown to be largely linked to other risk-sensitive bets, like tech stocks. A lot of the gains for tech stocks, and crypto, in recent years can be put at the feet of loose central-bank policy that has injected liquidity into global markets.</p><p>"Since 2013, Bitcoin's market capitalization growth has generally tracked the growth of global fiat M2 money supply. When central banks eased and injected liquidity, that liquidity ended up in risk assets, including crypto," the analysts said. "We expect [Bitcoin's] correlation with the equity markets to remain high."</p><p>Expectations of future money supply growth, which is a function of the size of the Federal Reserve's balance sheet and interest rates, are likely to be the most dominant force on Bitcoin prices, according to Morgan Stanley.</p><p>"Near term crypto markets therefore will place most trading focus on inflation expectations and market pricing for rate hikes," said Shah and Steimetz.</p><p>The central bank has tightened monetary policy aggressively and raised interest rates as it battles the highest inflation in four decades -- a pathway it isn't expected to veer from until 2023 at the earliest. That is why inflation and the Fed's monetary policy plans are the fourth and fifth factors investors should watch for Bitcoin's next move.</p><p>The coming days could bring more clarity for the market.</p><p>The Fed's preferred measure of inflation is due Friday in the form of July's core personal-consumption expenditures index. Also on Friday, Fed Chair Jerome Powell is due to speak at the Jackson Hole economic conference, which is likely to be key for clarifying investors' expectations around Fed policy.</p><p>These events will no doubt be one of the most important short-term catalysts for crypto in the week ahead, to say nothing of expectations for inflation and rates in the months to come. Just as in stocks, crypto investors can't fight the Fed.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin’s Next Move: 5 Things to Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin’s Next Move: 5 Things to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 23:29 GMT+8 <a href=https://www.barrons.com/articles/bitcoin-price-next-move-51661200030?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin climbed almost 25% in July, but investors are unlikely to see a repeat of those gains in August. Digital assets continue to trade sideways, and Bitcoin -- the largest crypto -- can't seem to ...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-price-next-move-51661200030?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.barrons.com/articles/bitcoin-price-next-move-51661200030?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261168350","content_text":"Bitcoin climbed almost 25% in July, but investors are unlikely to see a repeat of those gains in August. Digital assets continue to trade sideways, and Bitcoin -- the largest crypto -- can't seem to break out of the $20,000 to $24,000 range.With Bitcoin still trading at less than one-third of its all-time high near $69,000, reached in November 2021, optimistic cryptocurrency holders are likely to continue hoping for something that will drive token prices higher. There are at least five trends that investors should be watching, according to Sheena Shah and Kinji Steimetz, analysts at Morgan Stanley.One trend, the crypto equivalent of quantitative tightening, is the falling availability of stablecoins like Tether's USDT and Circle's USDC, the analysts wrote in a note Friday. Stablecoins stand at the heart of the crypto world, forming the foundations of trading and lending activities, and their availability is a key sign of both liquidity in crypto and demand for leverage, or money borrowed to trade.Changes in the market capitalization of stablecoins -- a measure of the amount in circulation since each coin is meant to be worth a dollar -- could be a leading indicator of Bitcoin prices, according to Shah and Steimetz. In June, Tether's market cap fell 20% in about a month, while Bitcoin fell 45% over the same period to below $30,000.\"This week marked the first time since April that stablecoin market capitalization has stopped falling on a monthly basis,\" the Morgan Stanley analysts said. \"This may be a sign that the extreme institutional deleveraging appears to have paused for now.\"A widespread halt to deleveraging in crypto could signal that the worst of the recent market turmoil is over, paving the way for institutions and other influential traders to turn bullish on Bitcoin again.That is why changes in demand for leverage in crypto, similarly indicated by the market cap of stablecoins, is the second trend to keep an eye on. If demand for leverage in crypto rises, prompting people to move dollars into stablecoins, the market caps of stablecoins would likely rise. That could mark a bullish turn because leverage exacerbates prices swings and raises the prospect that gains from solid rallies would be juiced up.However, \"there doesn't seem to be huge demand to re-leverage in the crypto world at this moment: decentralised finance (DeFi) platform lending is still down 70% this year,\" wrote Shah and Steimetz. \"In our opinion, it will be hard for this crypto cycle to bottom without fiat leverage growing or crypto leverage growing.\"The third trend to watch is stablecoins' market caps relative to one another, specifically swings in the relationship between the amount of issued USDT and USDC, the most influential stablecoins pegged to the U.S. dollar and the third- and fourth-largest digital tokens.Typically, the market caps of USDT and USDC move in opposite directions -- i.e. traders seem to generally rotate out of one and into another -- and Morgan Stanley sees a link between periods when USDC total value is growing and later gains in Bitcoin prices.\"The general trends in USDC market capitalization growth appear to lead growth of Bitcoin's price about two months later,\" the Morgan Stanley team said, noting that \"of course we cannot use this as a trading signal as the historical relationship is volatile, has outliers (Bitcoin rally in June) and not a long history.\"Nevertheless, it is a compelling flag. Tether's market cap fell by $9 billion over the course of a week in early May, to $74 billion from $83 billion, while USDC's market cap jumped to $52 billion from $48 billion over the same period. Two months later -- July -- saw Bitcoin notch its best month all year.Now, this trend looks to be reversing course, with USDC's circulation now down almost $4 billion from its July peak while issuance of USDT has been growing. If the pattern holds, that could be negative for Bitcoin.Ultimately, however, the macroeconomic picture is what matters, according to Morgan Stanley. While Bitcoin and its peers should, in theory, be uncorrelated to mainstream finance, they have shown to be largely linked to other risk-sensitive bets, like tech stocks. A lot of the gains for tech stocks, and crypto, in recent years can be put at the feet of loose central-bank policy that has injected liquidity into global markets.\"Since 2013, Bitcoin's market capitalization growth has generally tracked the growth of global fiat M2 money supply. When central banks eased and injected liquidity, that liquidity ended up in risk assets, including crypto,\" the analysts said. \"We expect [Bitcoin's] correlation with the equity markets to remain high.\"Expectations of future money supply growth, which is a function of the size of the Federal Reserve's balance sheet and interest rates, are likely to be the most dominant force on Bitcoin prices, according to Morgan Stanley.\"Near term crypto markets therefore will place most trading focus on inflation expectations and market pricing for rate hikes,\" said Shah and Steimetz.The central bank has tightened monetary policy aggressively and raised interest rates as it battles the highest inflation in four decades -- a pathway it isn't expected to veer from until 2023 at the earliest. That is why inflation and the Fed's monetary policy plans are the fourth and fifth factors investors should watch for Bitcoin's next move.The coming days could bring more clarity for the market.The Fed's preferred measure of inflation is due Friday in the form of July's core personal-consumption expenditures index. Also on Friday, Fed Chair Jerome Powell is due to speak at the Jackson Hole economic conference, which is likely to be key for clarifying investors' expectations around Fed policy.These events will no doubt be one of the most important short-term catalysts for crypto in the week ahead, to say nothing of expectations for inflation and rates in the months to come. Just as in stocks, crypto investors can't fight the Fed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996521435,"gmtCreate":1661205448630,"gmtModify":1676536470739,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996521435","repostId":"2261958518","repostType":4,"repost":{"id":"2261958518","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":1661182375,"share":"https://ttm.financial/m/news/2261958518?lang=&edition=fundamental","pubTime":"2022-08-22 23:32","market":"us","language":"en","title":"Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility","url":"https://stock-news.laohu8.com/highlight/detail?id=2261958518","media":"Reuters","summary":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserv","content":"<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell's remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He'd be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>"It's very hard to say with any confidence in normal times ... what the economy's going to be doing in six or 12 months," Powell said on July 27 after the end of the Fed's last policy meeting. "These are not normal times."</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed's annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession's A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed's singular commitment to winning it.</p><p>"What we should hear and are likely to hear next week is push-back" to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would "blink" at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that "growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth."</p><p><b>INFLATION'S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed's cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like "raise and hold" to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia's Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call "revenge spending" by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>"We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart," Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. "Historical correlations ... have broken down" among simultaneous "shocks" pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what's next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION 'COULD HAPPEN'</b></p><p>Powell's remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world's most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed's main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don't confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That's an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn't the Fed will need to tighten policy further.</p><p>"There's a path to getting inflation under control, but a recession ... could happen in the process," Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. "We are out of balance today."</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>Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility</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\">\nForecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility\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\">2022-08-22 23:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell's remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He'd be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>"It's very hard to say with any confidence in normal times ... what the economy's going to be doing in six or 12 months," Powell said on July 27 after the end of the Fed's last policy meeting. "These are not normal times."</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed's annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession's A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed's singular commitment to winning it.</p><p>"What we should hear and are likely to hear next week is push-back" to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would "blink" at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that "growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth."</p><p><b>INFLATION'S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed's cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like "raise and hold" to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia's Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call "revenge spending" by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>"We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart," Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. "Historical correlations ... have broken down" among simultaneous "shocks" pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what's next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION 'COULD HAPPEN'</b></p><p>Powell's remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world's most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed's main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don't confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That's an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn't the Fed will need to tighten policy further.</p><p>"There's a path to getting inflation under control, but a recession ... could happen in the process," Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. "We are out of balance today."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261958518","content_text":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell's remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.He'd be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.\"It's very hard to say with any confidence in normal times ... what the economy's going to be doing in six or 12 months,\" Powell said on July 27 after the end of the Fed's last policy meeting. \"These are not normal times.\"Powell is scheduled to speak Friday morning at the Kansas City Fed's annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession's A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed's singular commitment to winning it.\"What we should hear and are likely to hear next week is push-back\" to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would \"blink\" at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.Rather, she said Powell was likely to emphasize that \"growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.\"INFLATION'S BROAD ROOTSThe groundwork has been laid in comments recently from the Fed's cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like \"raise and hold\" to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia's Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call \"revenge spending\" by U.S. consumers to make up for lost time since the onset of the virus in early 2020.\"We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,\" Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. \"Historical correlations ... have broken down\" among simultaneous \"shocks\" pulling demand, supply and the economy overall in conflicting directions.Getting a read on what's next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.For workers, businesses and investors, that leaves a slim foundation for planning.RECESSION 'COULD HAPPEN'Powell's remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world's most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.The Fed's main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.If not, and inflation numbers don't confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.That's an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn't the Fed will need to tighten policy further.\"There's a path to getting inflation under control, but a recession ... could happen in the process,\" Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. \"We are out of balance today.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996922709,"gmtCreate":1661119719504,"gmtModify":1676536453377,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568349626879479","idStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996922709","repostId":"2260785313","repostType":4,"repost":{"id":"2260785313","pubTimestamp":1661045446,"share":"https://ttm.financial/m/news/2260785313?lang=&edition=fundamental","pubTime":"2022-08-21 09:30","market":"us","language":"en","title":"No, There Is No New Short-Selling Champion in Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260785313","media":"Barrons","summary":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manag","content":"<html><head></head><body><p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.</p><p>A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.</p><p>A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.</p><p>But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.</p><p>Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.</p><p>It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.</p><p>(There isn't much trading volume in those contracts. It's just an example.)</p><p>Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.</p><p>That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.</p><p>Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.</p><p>Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.</p><p>The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.</p><p>Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.</p><p>What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)</p><p>A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.</p><p>There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.</p><p>However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No, There Is No New Short-Selling Champion in Tesla Stock</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\">\nNo, There Is No New Short-Selling Champion in Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:30 GMT+8 <a href=https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260785313","content_text":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.(There isn't much trading volume in those contracts. It's just an example.)Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":177231035,"gmtCreate":1627220815227,"gmtModify":1703485703031,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Please like and comments","listText":"Please like and comments","text":"Please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/177231035","repostId":"2153878189","repostType":4,"repost":{"id":"2153878189","pubTimestamp":1627179426,"share":"https://ttm.financial/m/news/2153878189?lang=&edition=fundamental","pubTime":"2021-07-25 10:17","market":"hk","language":"en","title":"Amazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead","url":"https://stock-news.laohu8.com/highlight/detail?id=2153878189","media":"MarketWatch","summary":"Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further. Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.But Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this m","content":"<p>Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e897e40f58935774b2ab4c3f6bdce36a\" tg-width=\"700\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>Sea Ltd.'s Shopee e-commerce platform.</span></p>\n<p>Jeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.</p>\n<p>But Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this month.</p>\n<p>Shares of Amazon have underperformed the tech-heavy Nasdaq 100 and the S&P 500 in 2021, even as the coronavirus pandemic forced Americans to rely on its service during the darkest days.</p>\n<p>Given all this, it is worth considering e-commerce alternatives if you’re worried that Amazon’s best days are behind it.</p>\n<p>Here are five smaller high-growth companies you may want to research:</p>\n<p><b>Sea</b></p>\n<p>Shares of Sea Ltd. are up about 45% in 2021, hitting new all-time highs as it continues its aggressive growth across Asia and Latin America.</p>\n<p>The Singapore-based company has a broad business model capitalizing on e-commerce and digital retail operations around the world. That includes its Garena digital entertainment platform that publishes video games and offers e-sports tie-ins, the Shopee e-commerce platform and SeaMoney digital financial services that include mobile payment services.</p>\n<p>Sea was a darling in 2020 as it rode the “stay at home trade” to great success. Revenue doubled year over year in 2020 to $4.4 billion, and the company’s momentum was the envy of Wall Street as Sea stock racked up roughly 640% gains on the calendar year.</p>\n<p>But the fundamentals shown by Sea in 2021 hint that the surge in share prices were justified. Consider that in its first-quarter report in May, revenue surged by about 150%— while gross profit tripled year over year.</p>\n<p>With its next earnings report scheduled for mid-August, Sea stock could see another leg up as it continues to prove Amazon isn’t the only e-commerce name worth watching.</p>\n<p><b>Coupang</b></p>\n<p>While Sea has been a cult stock for a while in some circles, one Asian e-commerce stock that is still flying under the radar for many is Korea-based Coupang Inc.. South Korea’s biggest e-commerce company began trading in March after an IPO that raised $4.6 billion, but since then shares have drifted lower — and other cult-like stocks have won all the attention.</p>\n<p>If you haven’t yet heard of Coupang, its model should be quite familiar. It sells various products including home goods, apparel, beauty products, sporting goods and electronics. It’s also looking beyond these tried-and-true categories to include a focus on fresh food and groceries, as well as services including travel and restaurant delivery.</p>\n<p>Though the fundamentals are light given its recent debut, the numbers we have do show this regional e-tailer is connecting in a big way in Korea. Namely, it saw net revenue growth of 74% in its first-quarter report in May, and gross profit up 70% year over year. Total customers grew 21%, and revenue per customer surged 44%.</p>\n<p>Admittedly, the total customer base in that quarter was just 16 million households — hardly Amazon-esque. And so far in 2021, share prices has slumped slightly, even though the S&P 500 has powered higher. But remember, this is a company that just raised $4.6 billion — with a “B” — and is serious about growth. Considering the language and logistical barriers to competition in the markets it serves that clearly have long-term growth potential, investors may want to consider the lull in Coupang shares a buying opportunity.</p>\n<p><b>MercadoLibre</b></p>\n<p>Taking a page out of the playbook of Silicon Valley stocks that boast high share prices and a refusal to split, MercadoLibre Inc. is currently trading well above four figures — and based on recent history, seems as if it’s likely to stay there.</p>\n<p>MercadoLibre stock has cooled off in 2021 and is sitting on a slight loss year to date, compared with an uptrend broadly for U.S. stocks. However, that’s after this Latin American stock racked up 200% gains last year. Argentina-based MercadoLibre is hardly slowing down, however, as in the first quarter it reported 70 million active users — an increase of 62% above the just over 43 million users in the prior year. Gross merchandise volume was up even more at a 77% year-over-year growth rate to just over $6 billion, compared with $3.4 billion in the first quarter of 2020.</p>\n<p>What’s really exciting for investors, however, is that the gains in core e-commerce transactions is supplemented by continued growth into financial services. MercadoLibre reported an impressive $2.9 billion in payment volume through its mobile wallet platform, and its Mercado Credito lending platform saw its portfolio grow to $576 million — more than doubling over the prior year.</p>\n<p>Amazon has taught e-commerce companies that dominating all aspects of the consumer experience is how to truly build a dominant operation. With MercadoLibre growing sales but also increasingly connecting on the financial side, it is setting up itself to be a force in Latin America — and a real competitor to even entrenched western e-commerce brands.</p>\n<p><b>Newegg</b></p>\n<p>Newegg Commerce Inc. is a consumer-electronics e-tailer that has a bit of a following in computer geek circles but largely has gone unnoticed by most consumers and investors. That is, until it spiked from $10 a share to a brief high above $60 a share in July.</p>\n<p>The inciting incident was news that Newegg would carry hard-to-get Nvidia graphics hardware, and theoretically see a big bump in revenue and profits as a result. However, Newegg may be proving that it is much more than just a tangential play piggybacking off Nvidia as it proves there is real value to specialty retailers that serve a specific audience — and can offer in-demand products instead of knock-offs propped up by fraudulent five-star reviews.</p>\n<p>Newegg went public via a SPAC, so it doesn’t have a lot of history to show investors just yet. But what little we know is proof that Newegg stock has potential. Consider it commands an impressive market share when it comes to core hardware items like PC processors, motherboards and the like. It also ranks as a top-five website worldwide when it comes to computer and electronics retailing sites, and is a go-to site for cryptocurrency miners as well as PC gamers.</p>\n<p>According to what we know about the financials, Newegg topped $2.1 billion in sales, thanks to its dominance in this profitable niche of computer components. And as evidenced by its recent Nvidia score, it has deep relationships with consumer electronics suppliers to ensure it is not just another Amazon clone selling cut-rate flat screens.</p>\n<p><b>Shopify</b></p>\n<p>If you’re interested in what life looks like for e-commerce beyond Amazon, look no further than Shopify Inc..This Canada-based tech company offers a platform for any company to build out web and mobile storefronts, integrate those operations into physical retail locations and then assist with the nitty gritty of inventory, shipping and payments.</p>\n<p>Shopify stock was one of those names that made a lot of headlines in 2020 as part of the pandemic-related surge in service providers made for social distancing. Shares surged from about $400 to $1,100 last year as a result of everyone looking to do business digitally. But in 2021, Shopify stock has tacked on almost 40% more, proving this is not just a COVID trade. After all, the e-commerce potential it helps merchants realize is real and lasting beyond the pandemic.</p>\n<p>Case in point:Fiscal first-quarter revenue growth reported at the end of April was a red hot 110%. But what long-term investors will like even more is that its subscription service metric MRR — that is, monthly recurring revenue — accelerated 62% year-over-year to prove that many of the initial spend on building out these platforms is sticking as clients maintain their Shopify presence.</p>\n<p>Shopify isn’t quite the scale of Amazon, but at $200 billion or so in market value right now with a comfortable operating profit to sustain it, investors who want to bet the field vs. Bezos & Co. could do worse than plug into Shopify stock.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's stock looks tired. Consider buying shares of these five fast-growing e-commerce plays instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-25 10:17 GMT+8 <a href=https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further\nSea Ltd.'s Shopee e-commerce platform.\nJeff Bezos has plenty of achievements under...</p>\n\n<a href=\"https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MELI":"MercadoLibre","NEGG":"Newegg Comm Inc.","SE":"Sea Ltd","SHOP":"Shopify Inc","CPNG":"Coupang, Inc."},"source_url":"https://www.marketwatch.com/story/amazons-stock-looks-tired-consider-buying-shares-of-these-five-fast-growing-e-commerce-plays-instead-11627049582?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153878189","content_text":"Amazon started the internet-retail revolution. Five other companies, including Sea and Coupang, are taking it further\nSea Ltd.'s Shopee e-commerce platform.\nJeff Bezos has plenty of achievements under his belt, the most recent being his extraterrestrial excursion.\nBut Amazon.com shareholders may not be so impressed. Bipartisan talk of antitrust actions against the e-commerce giant could mean that Amazon’s dominance could begin to face challenges from Washington. That comes as Bezos handed off the CEO role to Andy Jassy earlier this month.\nShares of Amazon have underperformed the tech-heavy Nasdaq 100 and the S&P 500 in 2021, even as the coronavirus pandemic forced Americans to rely on its service during the darkest days.\nGiven all this, it is worth considering e-commerce alternatives if you’re worried that Amazon’s best days are behind it.\nHere are five smaller high-growth companies you may want to research:\nSea\nShares of Sea Ltd. are up about 45% in 2021, hitting new all-time highs as it continues its aggressive growth across Asia and Latin America.\nThe Singapore-based company has a broad business model capitalizing on e-commerce and digital retail operations around the world. That includes its Garena digital entertainment platform that publishes video games and offers e-sports tie-ins, the Shopee e-commerce platform and SeaMoney digital financial services that include mobile payment services.\nSea was a darling in 2020 as it rode the “stay at home trade” to great success. Revenue doubled year over year in 2020 to $4.4 billion, and the company’s momentum was the envy of Wall Street as Sea stock racked up roughly 640% gains on the calendar year.\nBut the fundamentals shown by Sea in 2021 hint that the surge in share prices were justified. Consider that in its first-quarter report in May, revenue surged by about 150%— while gross profit tripled year over year.\nWith its next earnings report scheduled for mid-August, Sea stock could see another leg up as it continues to prove Amazon isn’t the only e-commerce name worth watching.\nCoupang\nWhile Sea has been a cult stock for a while in some circles, one Asian e-commerce stock that is still flying under the radar for many is Korea-based Coupang Inc.. South Korea’s biggest e-commerce company began trading in March after an IPO that raised $4.6 billion, but since then shares have drifted lower — and other cult-like stocks have won all the attention.\nIf you haven’t yet heard of Coupang, its model should be quite familiar. It sells various products including home goods, apparel, beauty products, sporting goods and electronics. It’s also looking beyond these tried-and-true categories to include a focus on fresh food and groceries, as well as services including travel and restaurant delivery.\nThough the fundamentals are light given its recent debut, the numbers we have do show this regional e-tailer is connecting in a big way in Korea. Namely, it saw net revenue growth of 74% in its first-quarter report in May, and gross profit up 70% year over year. Total customers grew 21%, and revenue per customer surged 44%.\nAdmittedly, the total customer base in that quarter was just 16 million households — hardly Amazon-esque. And so far in 2021, share prices has slumped slightly, even though the S&P 500 has powered higher. But remember, this is a company that just raised $4.6 billion — with a “B” — and is serious about growth. Considering the language and logistical barriers to competition in the markets it serves that clearly have long-term growth potential, investors may want to consider the lull in Coupang shares a buying opportunity.\nMercadoLibre\nTaking a page out of the playbook of Silicon Valley stocks that boast high share prices and a refusal to split, MercadoLibre Inc. is currently trading well above four figures — and based on recent history, seems as if it’s likely to stay there.\nMercadoLibre stock has cooled off in 2021 and is sitting on a slight loss year to date, compared with an uptrend broadly for U.S. stocks. However, that’s after this Latin American stock racked up 200% gains last year. Argentina-based MercadoLibre is hardly slowing down, however, as in the first quarter it reported 70 million active users — an increase of 62% above the just over 43 million users in the prior year. Gross merchandise volume was up even more at a 77% year-over-year growth rate to just over $6 billion, compared with $3.4 billion in the first quarter of 2020.\nWhat’s really exciting for investors, however, is that the gains in core e-commerce transactions is supplemented by continued growth into financial services. MercadoLibre reported an impressive $2.9 billion in payment volume through its mobile wallet platform, and its Mercado Credito lending platform saw its portfolio grow to $576 million — more than doubling over the prior year.\nAmazon has taught e-commerce companies that dominating all aspects of the consumer experience is how to truly build a dominant operation. With MercadoLibre growing sales but also increasingly connecting on the financial side, it is setting up itself to be a force in Latin America — and a real competitor to even entrenched western e-commerce brands.\nNewegg\nNewegg Commerce Inc. is a consumer-electronics e-tailer that has a bit of a following in computer geek circles but largely has gone unnoticed by most consumers and investors. That is, until it spiked from $10 a share to a brief high above $60 a share in July.\nThe inciting incident was news that Newegg would carry hard-to-get Nvidia graphics hardware, and theoretically see a big bump in revenue and profits as a result. However, Newegg may be proving that it is much more than just a tangential play piggybacking off Nvidia as it proves there is real value to specialty retailers that serve a specific audience — and can offer in-demand products instead of knock-offs propped up by fraudulent five-star reviews.\nNewegg went public via a SPAC, so it doesn’t have a lot of history to show investors just yet. But what little we know is proof that Newegg stock has potential. Consider it commands an impressive market share when it comes to core hardware items like PC processors, motherboards and the like. It also ranks as a top-five website worldwide when it comes to computer and electronics retailing sites, and is a go-to site for cryptocurrency miners as well as PC gamers.\nAccording to what we know about the financials, Newegg topped $2.1 billion in sales, thanks to its dominance in this profitable niche of computer components. And as evidenced by its recent Nvidia score, it has deep relationships with consumer electronics suppliers to ensure it is not just another Amazon clone selling cut-rate flat screens.\nShopify\nIf you’re interested in what life looks like for e-commerce beyond Amazon, look no further than Shopify Inc..This Canada-based tech company offers a platform for any company to build out web and mobile storefronts, integrate those operations into physical retail locations and then assist with the nitty gritty of inventory, shipping and payments.\nShopify stock was one of those names that made a lot of headlines in 2020 as part of the pandemic-related surge in service providers made for social distancing. Shares surged from about $400 to $1,100 last year as a result of everyone looking to do business digitally. But in 2021, Shopify stock has tacked on almost 40% more, proving this is not just a COVID trade. After all, the e-commerce potential it helps merchants realize is real and lasting beyond the pandemic.\nCase in point:Fiscal first-quarter revenue growth reported at the end of April was a red hot 110%. But what long-term investors will like even more is that its subscription service metric MRR — that is, monthly recurring revenue — accelerated 62% year-over-year to prove that many of the initial spend on building out these platforms is sticking as clients maintain their Shopify presence.\nShopify isn’t quite the scale of Amazon, but at $200 billion or so in market value right now with a comfortable operating profit to sustain it, investors who want to bet the field vs. Bezos & Co. could do worse than plug into Shopify stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178611208,"gmtCreate":1626815839304,"gmtModify":1703765592076,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"GoodPlease like and comments","listText":"GoodPlease like and comments","text":"GoodPlease like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/178611208","repostId":"2152657163","repostType":4,"repost":{"id":"2152657163","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":1626795120,"share":"https://ttm.financial/m/news/2152657163?lang=&edition=fundamental","pubTime":"2021-07-20 23:32","market":"hk","language":"en","title":"AMC to reopen two of the top-grossing movie theaters in Los Angeles","url":"https://stock-news.laohu8.com/highlight/detail?id=2152657163","media":"Dow Jones","summary":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped ","content":"<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b> jumped nearly 9% in morning trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</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>AMC to reopen two of the top-grossing movie theaters in Los Angeles</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\">\nAMC to reopen two of the top-grossing movie theaters in Los Angeles\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\">2021-07-20 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b> jumped nearly 9% in morning trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152657163","content_text":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped nearly 9% in morning trading.\n\nAMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.\nAMC $(AMC)$ said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.\nThe two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.\nAMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.\nIn 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.\nAMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"\n\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"\nAMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144295808,"gmtCreate":1626297270504,"gmtModify":1703757222218,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Good,please like and comments","listText":"Good,please like and comments","text":"Good,please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/144295808","repostId":"1109822941","repostType":4,"repost":{"id":"1109822941","pubTimestamp":1626271170,"share":"https://ttm.financial/m/news/1109822941?lang=&edition=fundamental","pubTime":"2021-07-14 21:59","market":"us","language":"en","title":"Apple at Fresh Record High on iPhone Production Boost Report, JPMorgan Upgrade","url":"https://stock-news.laohu8.com/highlight/detail?id=1109822941","media":"Thestreet","summary":"Apple shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer demand.Bloomberg reported Wednesday that Apple is looking to build 90 million next-generation iPhones this year, with the world's biggest tech company expected to get a boost from the launch of new 5G handsets later this year. Earlier this month, Apple's main rival, Samsung Electronics, saidJune qu","content":"<p>Apple shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer demand.</p>\n<p>Bloomberg reported Wednesday that Apple is looking to build 90 million next-generation iPhones this year, with the world's biggest tech company expected to get a boost from the launch of new 5G handsets later this year. Earlier this month, Apple's main rival, Samsung Electronics, saidJune quarter profits are likely to rise by 53% from last yearto 12.5 trillion won ($11 billion).</p>\n<p>Shares were also buoyed by an upgrade at JPMorgan, which added the stock to its 'analyst focus list' as Samik Chatterjee boosted his price target by $5 to $175 each.</p>\n<p>\"We are adding Apple shares to the Analyst Focus List as a Growth idea as data points supporting our recently highlighted favorable view on the shares continue to trickle in, including upside revision to iPhone 12 build estimates by Apple Supply Chain analyst, William Yang, as well as continued strength in sales of Mac devices,\" Chatterjee wrote. \"While the above drivers lead to an increase in our near-term forecasts, the recent momentum led by better market share, drives us to also estimate higher sustainable volumes in future quarters, leading us to see a path to Apple outperforming investor expectations over a longer time horizon rather than just the upcoming earnings print.\"</p>\n<p>Apple shares were marked 2.1% higher in early trading Wednesday to change hands at $148.71 each, just shy of the intra-day record high of $148.96 it hit at the opening bell.</p>\n<p>Apple is set to report its third quarter earnings on July 27, with CFO Luca Maestri cautioning investors in late April that the group is likely to experience a \"steeper than usual\" sequential revenue decline thanks in part to supply constraints linked to the global semiconductor shortage following Street-blasting sales of nearly $90 billion for the three months ending in March.</p>\n<p>Apple said iPhone revenues rose 65% from last year to $47.94 billion, well ahead of the $41.7 billion Street forecast, thanks to what CEO Tim Cook called \"strong demand for the iPhone 12 family\".</p>\n<p>Greater China revenues, Apple said, rose 88% from last year's pandemic trough to $17.728 billion, while overall services revenues rose 26.6% to $16.9 billion.</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>Apple at Fresh Record High on iPhone Production Boost Report, JPMorgan Upgrade</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 at Fresh Record High on iPhone Production Boost Report, JPMorgan Upgrade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 21:59 GMT+8 <a href=https://www.thestreet.com/investing/apple-jumps-on-iphone-production-boost-report-jpmorgan-upgrade><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer...</p>\n\n<a href=\"https://www.thestreet.com/investing/apple-jumps-on-iphone-production-boost-report-jpmorgan-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/investing/apple-jumps-on-iphone-production-boost-report-jpmorgan-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109822941","content_text":"Apple shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer demand.\nBloomberg reported Wednesday that Apple is looking to build 90 million next-generation iPhones this year, with the world's biggest tech company expected to get a boost from the launch of new 5G handsets later this year. Earlier this month, Apple's main rival, Samsung Electronics, saidJune quarter profits are likely to rise by 53% from last yearto 12.5 trillion won ($11 billion).\nShares were also buoyed by an upgrade at JPMorgan, which added the stock to its 'analyst focus list' as Samik Chatterjee boosted his price target by $5 to $175 each.\n\"We are adding Apple shares to the Analyst Focus List as a Growth idea as data points supporting our recently highlighted favorable view on the shares continue to trickle in, including upside revision to iPhone 12 build estimates by Apple Supply Chain analyst, William Yang, as well as continued strength in sales of Mac devices,\" Chatterjee wrote. \"While the above drivers lead to an increase in our near-term forecasts, the recent momentum led by better market share, drives us to also estimate higher sustainable volumes in future quarters, leading us to see a path to Apple outperforming investor expectations over a longer time horizon rather than just the upcoming earnings print.\"\nApple shares were marked 2.1% higher in early trading Wednesday to change hands at $148.71 each, just shy of the intra-day record high of $148.96 it hit at the opening bell.\nApple is set to report its third quarter earnings on July 27, with CFO Luca Maestri cautioning investors in late April that the group is likely to experience a \"steeper than usual\" sequential revenue decline thanks in part to supply constraints linked to the global semiconductor shortage following Street-blasting sales of nearly $90 billion for the three months ending in March.\nApple said iPhone revenues rose 65% from last year to $47.94 billion, well ahead of the $41.7 billion Street forecast, thanks to what CEO Tim Cook called \"strong demand for the iPhone 12 family\".\nGreater China revenues, Apple said, rose 88% from last year's pandemic trough to $17.728 billion, while overall services revenues rose 26.6% to $16.9 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124366056,"gmtCreate":1624745483975,"gmtModify":1703844240895,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Please like and comments","listText":"Please like and comments","text":"Please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/124366056","repostId":"1164137597","repostType":4,"repost":{"id":"1164137597","pubTimestamp":1624671774,"share":"https://ttm.financial/m/news/1164137597?lang=&edition=fundamental","pubTime":"2021-06-26 09:42","market":"us","language":"en","title":"Alibaba: Can BABA Get Back To $300? Yes, It Can","url":"https://stock-news.laohu8.com/highlight/detail?id=1164137597","media":"seekingalpha","summary":"The recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.The Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.Alibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.Alibaba is the dominant force in cloud services in China which could become a significant revenue g","content":"<p><b>Summary</b></p>\n<ul>\n <li>The recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.</li>\n <li>The Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.</li>\n <li>Alibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.</li>\n <li>Alibaba is the dominant force in cloud services in China which could become a significant revenue growth machine as the economy expands.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/814b0a9a0d17977f43665e2eba205b1e\" tg-width=\"1536\" tg-height=\"1024\"><span>Andrew Braun/iStock Editorial via Getty Images</span></p>\n<p>Alibaba(NYSE:BABA)operates a printing press that keeps spitting out tens of billions from total revenue down to net income. Many companies faced adversity throughout the pandemic, and some are still recovering, but not BABA. Through the worst economic environment for businesses to navigate in recent times, BABA generated over $100 billion in revenue and $20 billion in net income during their recent fiscal year. While BABA didn't get the memo about businesses facing challenges amidst the pandemic, the market must not have read BABA's earnings report or crunched the numbers.</p>\n<p>There are two Chinese companies I am bullish on, and BABA is my biggest conviction for appreciation. BABA smashed through the $300 share price level at the end of October 2020, but shareholders have been left confused and disappointed since then. It looked like BABA would turn the corner after a horrible end to 2020 as shares appreciated from $222.36 from the close of 2020 to $270.83 in the middle of February 2021. Still, the markets had other plans, and all shares of BABA have done is disappoint shareholders. If you missed the BABA train, it's time to grab your tickets and climb aboard, and if you purchased BABA during its run to $300 or early 2021 rebound, it might be time to add to your holdings. BABA is going to experience tremendous tailwinds from China's population and economic growth over the next several years, and their printing press is going to need more ink.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da7b532f25f563d08490ddc43cbede\" tg-width=\"640\" tg-height=\"337\"><span>(Source: Alibaba)</span></p>\n<p><b>The Alibaba printing press is open for business, and it spits out billions</b></p>\n<p>How many companies can say their annual revenue through the pandemic exceeded $100 billion? The $100 billion revenue mark is a prestigious club that companies such as Facebook (FB),PepsiCo (PEP),Procter & Gamble (PG),Target (TGT), and Johnson & Johnson (JNJ) are not part of. BABA, on the other hand, witnessed its revenue increase by 52.11% and smash through $100 billion as they generated $109.47 billion in their recent fiscal year. For the year ending March 2019, BABA's revenue increased by $16.25 billion (40.74%) to $56.15 billion, then for the March 2020 fiscal year, revenue increased another $15.82 billion (28.17%) to $71.97 billion. BABA is in the same boat as Alphabet(NASDAQ:GOOG)(GOOGL), FB, and Amazon (AMZN) as they watched the pandemic push more people to go digital which accelerated their businesses. For BABA, the forced transition to digital helped them achieve $37.5 billion (52.11%) in additional revenue as they finished their March 2021 fiscal year with $109.47 billion in revenue.</p>\n<p>Since 2013 BABA has not had a year where their annual revenue increase didn't exceed 25% Year over Year (YoY). When you think about that as a growth rate, it's remarkable for a company of BABA's size as this isn't a company chasing its first billion-dollar revenue year. Over the past 5 fiscal years, BABA's annual revenue has increased by $93.8 billion (408.08%) at an average annual rate of 48.25%. Smaller companies considered growth companies would be jealous of these rates, while many large caps are probably envious.</p>\n<p>BABA isn't a one-trick pony that can only generate tens of billions in revenue. BABA can convert right down to the bottom line. Each year BABA has increased its YoY gross profit by a minimum of 10% since 2013. In 2016 BABA generated $10.35 billion in gross profit and, over the next 5 fiscal years, increased its annual gross profit by $34.84 billion (336.68%). BABA has also never fallen below a 40% gross profit margin, Warren Buffett's magic number, as he indicates in<i>Warren Buffett and the Interpretation of Financial Statements. On page 34 of the Kindle edition,it says:</i></p>\n<blockquote>\n As a very general rule (and there are exceptions): Companies with gross profit margins of 40% or better tend to be companies with some sort of durable competitive advantage. Companies with gross profit margins below 40% tend to be companies in highly competitive industries, where competition is hurting overall profit margins (there are exceptions here, too).\n</blockquote>\n<p>The gross profit margin is important for investors to evaluate because it reveals how much of a company's revenue goes directly to producing it and if they have a moat around their business. BABA's numbers indicate they have a sufficient moat around their business that is hard to penetrate. With close to a decade of generating over 40% in gross profit margins, investors can expect that BABA's moat will protect its business operations for years to come.</p>\n<p>Moving to the bottom line BABA does a great job at generating profits. In their most recent fiscal year, BABA generated $22.98 billion in net income, converting more than 1/5th (20.99%) of their revenue to pure profits. Since 2013 BABA has only had 1 year where net income decreases YoY. With that track record, many options open up for BABA in the future as their cash stockpile continues to increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41a5e036f023fa4ced7666e06aa1de6b\" tg-width=\"640\" tg-height=\"444\"><span>(Source: Alibaba)</span></p>\n<p><b>Alibaba will continue to experience tailwinds as China's population and economy expands</b></p>\n<p>Alibaba achieved one billion annual active consumers globally in the fiscal year that ended in March 2021. BABA has 891 million consumers across China's retail marketplace, local consumer services and digital media and entertainment platforms, and approximately 240 million consumers outside China. BABA's annual active consumers in the China retail marketplaces were 811 million as it grew by 85 million YoY. BABA will focus on developing a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Through BABA's infrastructure, countless retailers have digitally transformed their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging consumer insights and technology. BABA's ecosystem, supply chain, and diversified fulfillment services have facilitated an immense digital transformation. By investing in its infrastructure, BABA's customers can now leverage a full range of high-frequency fulfillment services that include on-demand delivery, same-or-next day delivery, and next-day pick-up services for a full range of consumable and physical products.</p>\n<p>BABA will continue to be one of the cornerstones that supports growth within China's economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. China is projected to be the world's largest economy by 2028. The per-capita income in China is expected to grow by roughly 50% from 2020 to 2025.China's average economic growth has been projected to increase at a rate of 5.7% from 2021 to 2025, then slow to 4.5% from 2026 to 2030. As a result,China is on track to join the top 1/3rd of nations and overtake 56 countries in the per capita income rankings by 2025. By the end of 2022, McKinsey predicts that the middle class could expand to 550 million people which is larger than the entire U.S population.</p>\n<p>If the projections for China are correct, this should mean a windfall of cash lining BABA's coffers. It's a simple recipe; when people make more money, they tend to spend more money to enhance their lives and increase their standard of living. As BABA is a dominant force in China's retail sector, they stand to benefit from a growing economy and a larger middle class. At the end of next year, if China has anywhere close to 550 million individuals in the middle class, I believe BABA's revenue and profits will increase significantly. This trend can provide tailwinds throughout the decade for BABA, and eventually, the market will reward shareholders based on BABA's value proposition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbde4a092d19118a2d16daabf5c027d7\" tg-width=\"640\" tg-height=\"463\"><span>(Source: Blomberg)</span></p>\n<p><b>Alibaba has tremendous growth prospects in Cloud as China continues its digitization</b></p>\n<p>Cloud computing has been red hot in the U.S. as the transition from on-prem to cloud has increased the technological capabilities for many organizations. As digitization progresses across the business landscape, cloud providers continue to increase revenue generated from their cloud segments within their overall revenue mix. For example, AWS, the cloud computing division from AMZN, generated $45.37 billion in 2020. Cloud continues to be an exciting sector because the digital transformation is far from being over. Hence, the prospects of new customers are enormous while reoccurring revenue is generated after the transition occurs.</p>\n<p>In China, cloud infrastructure services are still in the early innings as the entire spend was around $15 billion in 2020. In Q1 of 2021, cloud infrastructure services in China grew by 55% YoY as it reached $6 billion. China was the 2nd largest market behind the U.S, accounting for 14% of global investment, up from 12% in Q1 of 2020. With cloud spending and digitization in China increasing, this serves as a major runway for growth in Alibaba Cloud.</p>\n<p>As China's economy expands, businesses will need to become more efficient to support both operations and customer demands. Chinese companies will need to implement infrastructure that can support a digital age of the workforce while supporting cloud services used by consumers for consumption. If China passes the U.S. as the world's largest economy in the second half of this decade, the amount of growth needed in cloud services will be immense. BABA is already the leader in cloud infrastructure services in China as their 39.8% market share accounted for $2.39 billion of the $6 billion spent in Q1 2021. Over the previous 6 quarters, cloud infrastructure spending has increased by roughly $2.3 billion (76.67%) in China. Based on cloud's current trajectory, quarterly revenue is on track to double over the next 2 years, putting Q1 2023 revenue at $10.6 billion. If BABA has a 35% market share, their Q1 2023 would be $3.71 billion, placing their 2023 revenue for cloud at $14.84 billion without factoring in any growth in 2023. From a cloud aspect, China's future spending is very exciting, and BABA will be one of the major benefactors.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1759b81ce463d503a165d901e2e50d7c\" tg-width=\"640\" tg-height=\"728\"><span>(Source: Canalys)</span></p>\n<p><b>Alibaba has stellar financial metrics and is undervalued compared to the U.S. tech conglomerates</b></p>\n<p>For this comparison, I am going to use AMZN and GOOGL as they have been establishing their dominance in the U.S. for more than a decade. First, here are the raw numbers for AMZN, BABA, and GOOGL:</p>\n<ul>\n <li>AMZN</li>\n <li>BABA</li>\n <li>GOOGL</li>\n</ul>\n<p>The market currently places a multiple of 17.03x on AMZN's equity compared to its market cap, while its revenue multiple is 4.2x. GOOGL has a multiple of 7.17x on its equity and 8.39x on its revenue compared to market cap. AMZN and GOOGL's market caps exceed $1.5 trillion, while BABA's sits at $575.57 billion. The market is placing a 3.5x multiple on BABA's equity and 5.26x on its revenue compared to the market cap. Thus, the market is severely discounting BABA's equity and revenue generation. BABA's equity is worth 28.58% of its market cap, while AMZN's equity is equivalent to 5.87%, and GOOGL's is 13.94% of its market cap. The current discount placed on BABA's equity could create an additional tailwind for shareholders in the future.</p>\n<p><b>Conclusion</b></p>\n<p>It's hard to dismiss the growth opportunities some companies in China are presenting, especially after the recent decline in share prices. However, I believe shares of BABA are currently undervalued based on their current financial metrics and growth rates. China's economy and the amount of capital allocated to cloud service infrastructure are expected to grow substantially over the years. These will create powerful tailwinds for BABA throughout this decade. As a result, I think shareholders have been allowed to establish a BABA or dollar cost average position at a discounted price. I plan on continuing to add shares to my position while the market is discounting BABA.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Can BABA Get Back To $300? Yes, It Can</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Can BABA Get Back To $300? Yes, It Can\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:42 GMT+8 <a href=https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.\nThe Chinese economy is expected to become the world's largest economy by...</p>\n\n<a href=\"https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164137597","content_text":"Summary\n\nThe recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.\nThe Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.\nAlibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.\nAlibaba is the dominant force in cloud services in China which could become a significant revenue growth machine as the economy expands.\n\nAndrew Braun/iStock Editorial via Getty Images\nAlibaba(NYSE:BABA)operates a printing press that keeps spitting out tens of billions from total revenue down to net income. Many companies faced adversity throughout the pandemic, and some are still recovering, but not BABA. Through the worst economic environment for businesses to navigate in recent times, BABA generated over $100 billion in revenue and $20 billion in net income during their recent fiscal year. While BABA didn't get the memo about businesses facing challenges amidst the pandemic, the market must not have read BABA's earnings report or crunched the numbers.\nThere are two Chinese companies I am bullish on, and BABA is my biggest conviction for appreciation. BABA smashed through the $300 share price level at the end of October 2020, but shareholders have been left confused and disappointed since then. It looked like BABA would turn the corner after a horrible end to 2020 as shares appreciated from $222.36 from the close of 2020 to $270.83 in the middle of February 2021. Still, the markets had other plans, and all shares of BABA have done is disappoint shareholders. If you missed the BABA train, it's time to grab your tickets and climb aboard, and if you purchased BABA during its run to $300 or early 2021 rebound, it might be time to add to your holdings. BABA is going to experience tremendous tailwinds from China's population and economic growth over the next several years, and their printing press is going to need more ink.\n(Source: Alibaba)\nThe Alibaba printing press is open for business, and it spits out billions\nHow many companies can say their annual revenue through the pandemic exceeded $100 billion? The $100 billion revenue mark is a prestigious club that companies such as Facebook (FB),PepsiCo (PEP),Procter & Gamble (PG),Target (TGT), and Johnson & Johnson (JNJ) are not part of. BABA, on the other hand, witnessed its revenue increase by 52.11% and smash through $100 billion as they generated $109.47 billion in their recent fiscal year. For the year ending March 2019, BABA's revenue increased by $16.25 billion (40.74%) to $56.15 billion, then for the March 2020 fiscal year, revenue increased another $15.82 billion (28.17%) to $71.97 billion. BABA is in the same boat as Alphabet(NASDAQ:GOOG)(GOOGL), FB, and Amazon (AMZN) as they watched the pandemic push more people to go digital which accelerated their businesses. For BABA, the forced transition to digital helped them achieve $37.5 billion (52.11%) in additional revenue as they finished their March 2021 fiscal year with $109.47 billion in revenue.\nSince 2013 BABA has not had a year where their annual revenue increase didn't exceed 25% Year over Year (YoY). When you think about that as a growth rate, it's remarkable for a company of BABA's size as this isn't a company chasing its first billion-dollar revenue year. Over the past 5 fiscal years, BABA's annual revenue has increased by $93.8 billion (408.08%) at an average annual rate of 48.25%. Smaller companies considered growth companies would be jealous of these rates, while many large caps are probably envious.\nBABA isn't a one-trick pony that can only generate tens of billions in revenue. BABA can convert right down to the bottom line. Each year BABA has increased its YoY gross profit by a minimum of 10% since 2013. In 2016 BABA generated $10.35 billion in gross profit and, over the next 5 fiscal years, increased its annual gross profit by $34.84 billion (336.68%). BABA has also never fallen below a 40% gross profit margin, Warren Buffett's magic number, as he indicates inWarren Buffett and the Interpretation of Financial Statements. On page 34 of the Kindle edition,it says:\n\n As a very general rule (and there are exceptions): Companies with gross profit margins of 40% or better tend to be companies with some sort of durable competitive advantage. Companies with gross profit margins below 40% tend to be companies in highly competitive industries, where competition is hurting overall profit margins (there are exceptions here, too).\n\nThe gross profit margin is important for investors to evaluate because it reveals how much of a company's revenue goes directly to producing it and if they have a moat around their business. BABA's numbers indicate they have a sufficient moat around their business that is hard to penetrate. With close to a decade of generating over 40% in gross profit margins, investors can expect that BABA's moat will protect its business operations for years to come.\nMoving to the bottom line BABA does a great job at generating profits. In their most recent fiscal year, BABA generated $22.98 billion in net income, converting more than 1/5th (20.99%) of their revenue to pure profits. Since 2013 BABA has only had 1 year where net income decreases YoY. With that track record, many options open up for BABA in the future as their cash stockpile continues to increase.\n(Source: Alibaba)\nAlibaba will continue to experience tailwinds as China's population and economy expands\nAlibaba achieved one billion annual active consumers globally in the fiscal year that ended in March 2021. BABA has 891 million consumers across China's retail marketplace, local consumer services and digital media and entertainment platforms, and approximately 240 million consumers outside China. BABA's annual active consumers in the China retail marketplaces were 811 million as it grew by 85 million YoY. BABA will focus on developing a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Through BABA's infrastructure, countless retailers have digitally transformed their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging consumer insights and technology. BABA's ecosystem, supply chain, and diversified fulfillment services have facilitated an immense digital transformation. By investing in its infrastructure, BABA's customers can now leverage a full range of high-frequency fulfillment services that include on-demand delivery, same-or-next day delivery, and next-day pick-up services for a full range of consumable and physical products.\nBABA will continue to be one of the cornerstones that supports growth within China's economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. China is projected to be the world's largest economy by 2028. The per-capita income in China is expected to grow by roughly 50% from 2020 to 2025.China's average economic growth has been projected to increase at a rate of 5.7% from 2021 to 2025, then slow to 4.5% from 2026 to 2030. As a result,China is on track to join the top 1/3rd of nations and overtake 56 countries in the per capita income rankings by 2025. By the end of 2022, McKinsey predicts that the middle class could expand to 550 million people which is larger than the entire U.S population.\nIf the projections for China are correct, this should mean a windfall of cash lining BABA's coffers. It's a simple recipe; when people make more money, they tend to spend more money to enhance their lives and increase their standard of living. As BABA is a dominant force in China's retail sector, they stand to benefit from a growing economy and a larger middle class. At the end of next year, if China has anywhere close to 550 million individuals in the middle class, I believe BABA's revenue and profits will increase significantly. This trend can provide tailwinds throughout the decade for BABA, and eventually, the market will reward shareholders based on BABA's value proposition.\n(Source: Blomberg)\nAlibaba has tremendous growth prospects in Cloud as China continues its digitization\nCloud computing has been red hot in the U.S. as the transition from on-prem to cloud has increased the technological capabilities for many organizations. As digitization progresses across the business landscape, cloud providers continue to increase revenue generated from their cloud segments within their overall revenue mix. For example, AWS, the cloud computing division from AMZN, generated $45.37 billion in 2020. Cloud continues to be an exciting sector because the digital transformation is far from being over. Hence, the prospects of new customers are enormous while reoccurring revenue is generated after the transition occurs.\nIn China, cloud infrastructure services are still in the early innings as the entire spend was around $15 billion in 2020. In Q1 of 2021, cloud infrastructure services in China grew by 55% YoY as it reached $6 billion. China was the 2nd largest market behind the U.S, accounting for 14% of global investment, up from 12% in Q1 of 2020. With cloud spending and digitization in China increasing, this serves as a major runway for growth in Alibaba Cloud.\nAs China's economy expands, businesses will need to become more efficient to support both operations and customer demands. Chinese companies will need to implement infrastructure that can support a digital age of the workforce while supporting cloud services used by consumers for consumption. If China passes the U.S. as the world's largest economy in the second half of this decade, the amount of growth needed in cloud services will be immense. BABA is already the leader in cloud infrastructure services in China as their 39.8% market share accounted for $2.39 billion of the $6 billion spent in Q1 2021. Over the previous 6 quarters, cloud infrastructure spending has increased by roughly $2.3 billion (76.67%) in China. Based on cloud's current trajectory, quarterly revenue is on track to double over the next 2 years, putting Q1 2023 revenue at $10.6 billion. If BABA has a 35% market share, their Q1 2023 would be $3.71 billion, placing their 2023 revenue for cloud at $14.84 billion without factoring in any growth in 2023. From a cloud aspect, China's future spending is very exciting, and BABA will be one of the major benefactors.\n(Source: Canalys)\nAlibaba has stellar financial metrics and is undervalued compared to the U.S. tech conglomerates\nFor this comparison, I am going to use AMZN and GOOGL as they have been establishing their dominance in the U.S. for more than a decade. First, here are the raw numbers for AMZN, BABA, and GOOGL:\n\nAMZN\nBABA\nGOOGL\n\nThe market currently places a multiple of 17.03x on AMZN's equity compared to its market cap, while its revenue multiple is 4.2x. GOOGL has a multiple of 7.17x on its equity and 8.39x on its revenue compared to market cap. AMZN and GOOGL's market caps exceed $1.5 trillion, while BABA's sits at $575.57 billion. The market is placing a 3.5x multiple on BABA's equity and 5.26x on its revenue compared to the market cap. Thus, the market is severely discounting BABA's equity and revenue generation. BABA's equity is worth 28.58% of its market cap, while AMZN's equity is equivalent to 5.87%, and GOOGL's is 13.94% of its market cap. The current discount placed on BABA's equity could create an additional tailwind for shareholders in the future.\nConclusion\nIt's hard to dismiss the growth opportunities some companies in China are presenting, especially after the recent decline in share prices. However, I believe shares of BABA are currently undervalued based on their current financial metrics and growth rates. China's economy and the amount of capital allocated to cloud service infrastructure are expected to grow substantially over the years. These will create powerful tailwinds for BABA throughout this decade. As a result, I think shareholders have been allowed to establish a BABA or dollar cost average position at a discounted price. I plan on continuing to add shares to my position while the market is discounting BABA.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137274979,"gmtCreate":1622356708191,"gmtModify":1704183429349,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/137274979","repostId":"2138765488","repostType":4,"repost":{"id":"2138765488","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":1622215232,"share":"https://ttm.financial/m/news/2138765488?lang=&edition=fundamental","pubTime":"2021-05-28 23:20","market":"us","language":"en","title":"Tesla shares dip on recall rumors","url":"https://stock-news.laohu8.com/highlight/detail?id=2138765488","media":"Reuters","summary":"May 28 - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","content":"<p>May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares dip on recall rumors</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; 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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 shares dip on recall rumors\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\">2021-05-28 23:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138765488","content_text":"May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134270269,"gmtCreate":1622245690751,"gmtModify":1704182071566,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like and comments please","listText":"Like and comments please","text":"Like and comments please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/134270269","repostId":"2138765488","repostType":4,"repost":{"id":"2138765488","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":1622215232,"share":"https://ttm.financial/m/news/2138765488?lang=&edition=fundamental","pubTime":"2021-05-28 23:20","market":"us","language":"en","title":"Tesla shares dip on recall rumors","url":"https://stock-news.laohu8.com/highlight/detail?id=2138765488","media":"Reuters","summary":"May 28 - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","content":"<p>May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares dip on recall rumors</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; 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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 shares dip on recall rumors\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\">2021-05-28 23:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138765488","content_text":"May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158466707,"gmtCreate":1625176486909,"gmtModify":1703737583056,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"FellowPlease like and comments","listText":"FellowPlease like and comments","text":"FellowPlease like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/158466707","repostId":"1199212665","repostType":4,"repost":{"id":"1199212665","pubTimestamp":1625146084,"share":"https://ttm.financial/m/news/1199212665?lang=&edition=fundamental","pubTime":"2021-07-01 21:28","market":"us","language":"en","title":"3 Expensive Tech Stocks to Buy in the Next Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=1199212665","media":"Motley Fool","summary":"Get ready to buy Snowflake and two other hot tech stocks if this frothy market collapses.","content":"<p>Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the pandemic.</p>\n<p>That sell-off created some buying opportunities -- but some of the sector's pricier names merely pulled back slightly, held onto their gains, or even rallied. That relative strength is admirable, but it's a bit frustrating for investors who don't want to pay the wrong price for the right company.</p>\n<p>That's why I'm making a shopping list of expensive tech stocks which I'd eagerly buy during the next market crash. Let's take a look at three of those companies:<b>Snowflake</b>(NYSE:SNOW),<b>Twilio</b>(NYSE:TWLO), and <b>CrowdStrike</b>(NASDAQ:CRWD).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fde232ce39d9cd52a01fd6ec018cae53\" tg-width=\"700\" tg-height=\"466\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>1. Snowflake</b></p>\n<p>Snowflake was one of the hottest tech IPOs of 2020, thanks to its jaw-dropping growth rates and big investments from <b>Berkshire Hathaway</b> and <b>salesforce.com</b>.</p>\n<p>Snowflake'scloud-baseddata warehouse pulls all of a company's data onto a single platform, where it can then be fed into third-party data visualization apps. Its service breaks down the silos between different departments and computing platforms, which makes it easier for large companies to make data-driven decisions.</p>\n<p>Snowflake's number of customers jumped 73% to 4,139 in fiscal 2021 (which ended this January), including 186 of the Fortune 500 companies. Its revenue surged 124% to $592 million, as its net retention rate -- which gauges its year-over-year revenue growth per existing customer -- hit 165%.</p>\n<p>That growth continued in the first quarter of 2022. Its revenue rose 110% year over year to $228.9 million, its number of customers increased 67% to 4,532, and it achieved a net retention rate of 168%.</p>\n<p>But Snowflake isn't profitable yet. ItsGAAPnet loss widened from $348.5 million in fiscal 2020 to $539.1 million in fiscal 2021, and<i>more than doubled</i>from $93.6 million to $203.2 million in the first quarter of 2022. It's also unprofitable on a non-GAAP basis, which excludes its stock-based compensation expenses.</p>\n<p>Analysts expect Snowflake's revenue to rise 88% this year, with a narrower loss. However, its stock still trades at 65 times this year's sales -- which indicates there's still far too much growth baked into the stock. But if Snowflake gets cut in half in a crash, I'd considerstarting a big position.</p>\n<p><b>2. Twilio</b></p>\n<p>Twilio's cloud platform processes text messages, calls, and videos within apps. For example, it helps <b>Lyft</b>'s passengers contact their drivers, and <b>Airbnb</b>'s guests reach their hosts.</p>\n<p>In the past, developers built those tools from scratch, which was generally time-consuming, buggy, and difficult to scale. However, developers can now outsource those features to Twilio's cloud service by simply adding a few lines of code to their apps.</p>\n<p>Twilio's revenue rose 55% to $1.76 billion in 2020. Its net expansion rate, which is comparable to Snowflake's net retention rate, reached 137%. In the first quarter of 2021, its revenue jumped 62% year over year to $590 million as it integrated its recent purchase of the customer data firm Segment.</p>\n<p>Twilio remains unprofitable on a GAAP basis, but its non-GAAP net income rose 62% to $35.9 million in 2020. In the first quarter of 2021, its non-GAAP net income rose another 15% to $9.6 million.</p>\n<p>Analysts expect its revenue to rise 44% this year, but for its non-GAAP earnings to dip into the red again amid higher investments and rising A2P (application-to-person) fees, which are now charged by carriers whenever an app accesses an SMS network.</p>\n<p>That near-term outlook doesn't look great for a stock that trades at nearly 30 times this year's sales. However, I still think Twilio has great growth potential, and I'd definitely buy its stock at a lower price.</p>\n<p><b>3. CrowdStrike</b></p>\n<p>CrowdStrike is a cybersecurity company that differs from its industry peers in one major way. Most cybersecurity companies install on-site appliances to support their services, which can be expensive to maintain and difficult to scale as an organization expands. CrowdStrike eliminates those appliances by offering its end-to-end security platform as a cloud-based service.</p>\n<p>CrowdStrike's growth clearly reflects its disruptive potential. Its revenue rose 82% to $874.4 million in fiscal 2021 (which ended this January), its number of subscription customers increased 82% to 9,896, and its net retention rate stayed above 120%.</p>\n<p>In the first quarter of fiscal 2022, its revenue rose 70% year over year to $302.8 million, its subscriber base expanded 82% year over year to 11,420, and it kept its retention rate above 120%.</p>\n<p>CrowdStrike also turned profitable on a non-GAAP basis in 2021, with a net profit of $62.6 million. Its non-GAAP net income rose more than fivefold year over year to $23.3 million in the first quarter of 2022.</p>\n<p>Those numbers are impressive, but CrowdStrike still trades at about 350 times forward earnings and more than 40 times this year's sales. Therefore, this is another stock I won't buy unless the market crashes.</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>3 Expensive Tech Stocks to Buy in the Next Market Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Expensive Tech Stocks to Buy in the Next Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 21:28 GMT+8 <a href=https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.","SNOW":"Snowflake","TWLO":"Twilio Inc"},"source_url":"https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199212665","content_text":"Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the pandemic.\nThat sell-off created some buying opportunities -- but some of the sector's pricier names merely pulled back slightly, held onto their gains, or even rallied. That relative strength is admirable, but it's a bit frustrating for investors who don't want to pay the wrong price for the right company.\nThat's why I'm making a shopping list of expensive tech stocks which I'd eagerly buy during the next market crash. Let's take a look at three of those companies:Snowflake(NYSE:SNOW),Twilio(NYSE:TWLO), and CrowdStrike(NASDAQ:CRWD).\nIMAGE SOURCE: GETTY IMAGES.\n1. Snowflake\nSnowflake was one of the hottest tech IPOs of 2020, thanks to its jaw-dropping growth rates and big investments from Berkshire Hathaway and salesforce.com.\nSnowflake'scloud-baseddata warehouse pulls all of a company's data onto a single platform, where it can then be fed into third-party data visualization apps. Its service breaks down the silos between different departments and computing platforms, which makes it easier for large companies to make data-driven decisions.\nSnowflake's number of customers jumped 73% to 4,139 in fiscal 2021 (which ended this January), including 186 of the Fortune 500 companies. Its revenue surged 124% to $592 million, as its net retention rate -- which gauges its year-over-year revenue growth per existing customer -- hit 165%.\nThat growth continued in the first quarter of 2022. Its revenue rose 110% year over year to $228.9 million, its number of customers increased 67% to 4,532, and it achieved a net retention rate of 168%.\nBut Snowflake isn't profitable yet. ItsGAAPnet loss widened from $348.5 million in fiscal 2020 to $539.1 million in fiscal 2021, andmore than doubledfrom $93.6 million to $203.2 million in the first quarter of 2022. It's also unprofitable on a non-GAAP basis, which excludes its stock-based compensation expenses.\nAnalysts expect Snowflake's revenue to rise 88% this year, with a narrower loss. However, its stock still trades at 65 times this year's sales -- which indicates there's still far too much growth baked into the stock. But if Snowflake gets cut in half in a crash, I'd considerstarting a big position.\n2. Twilio\nTwilio's cloud platform processes text messages, calls, and videos within apps. For example, it helps Lyft's passengers contact their drivers, and Airbnb's guests reach their hosts.\nIn the past, developers built those tools from scratch, which was generally time-consuming, buggy, and difficult to scale. However, developers can now outsource those features to Twilio's cloud service by simply adding a few lines of code to their apps.\nTwilio's revenue rose 55% to $1.76 billion in 2020. Its net expansion rate, which is comparable to Snowflake's net retention rate, reached 137%. In the first quarter of 2021, its revenue jumped 62% year over year to $590 million as it integrated its recent purchase of the customer data firm Segment.\nTwilio remains unprofitable on a GAAP basis, but its non-GAAP net income rose 62% to $35.9 million in 2020. In the first quarter of 2021, its non-GAAP net income rose another 15% to $9.6 million.\nAnalysts expect its revenue to rise 44% this year, but for its non-GAAP earnings to dip into the red again amid higher investments and rising A2P (application-to-person) fees, which are now charged by carriers whenever an app accesses an SMS network.\nThat near-term outlook doesn't look great for a stock that trades at nearly 30 times this year's sales. However, I still think Twilio has great growth potential, and I'd definitely buy its stock at a lower price.\n3. CrowdStrike\nCrowdStrike is a cybersecurity company that differs from its industry peers in one major way. Most cybersecurity companies install on-site appliances to support their services, which can be expensive to maintain and difficult to scale as an organization expands. CrowdStrike eliminates those appliances by offering its end-to-end security platform as a cloud-based service.\nCrowdStrike's growth clearly reflects its disruptive potential. Its revenue rose 82% to $874.4 million in fiscal 2021 (which ended this January), its number of subscription customers increased 82% to 9,896, and its net retention rate stayed above 120%.\nIn the first quarter of fiscal 2022, its revenue rose 70% year over year to $302.8 million, its subscriber base expanded 82% year over year to 11,420, and it kept its retention rate above 120%.\nCrowdStrike also turned profitable on a non-GAAP basis in 2021, with a net profit of $62.6 million. Its non-GAAP net income rose more than fivefold year over year to $23.3 million in the first quarter of 2022.\nThose numbers are impressive, but CrowdStrike still trades at about 350 times forward earnings and more than 40 times this year's sales. Therefore, this is another stock I won't buy unless the market crashes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184271625,"gmtCreate":1623717341967,"gmtModify":1704209326823,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"GoodPlease like and comments","listText":"GoodPlease like and comments","text":"GoodPlease like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/184271625","repostId":"1126626020","repostType":4,"repost":{"id":"1126626020","pubTimestamp":1623710198,"share":"https://ttm.financial/m/news/1126626020?lang=&edition=fundamental","pubTime":"2021-06-15 06:36","market":"us","language":"en","title":"Nasdaq rises to an all-time closing high, S&P 500 ekes out another record","url":"https://stock-news.laohu8.com/highlight/detail?id=1126626020","media":"CNBC","summary":"The Nasdaq Composite jumped to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting.The tech-heavy benchmark rose 0.7% to an all-time closing high of 14,174.14, overtaking the previous record on April 26. The S&P 500 gained about 0.2% to another record close 4,255.15, boosted by the technology sector. The Dow Jones Industrial Average slipped 85.85 points, or nearly 0.3%, to 34,393,75.Investors are giving growth and tech stocks anoth","content":"<div>\n<p>The Nasdaq Composite jumped to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting.\nThe tech-heavy benchmark rose 0.7% to an all-time ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.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>Nasdaq rises to an all-time closing high, S&P 500 ekes out another 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\">\nNasdaq rises to an all-time closing high, S&P 500 ekes out another record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 06:36 GMT+8 <a href=https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Nasdaq Composite jumped to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting.\nThe tech-heavy benchmark rose 0.7% to an all-time ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126626020","content_text":"The Nasdaq Composite jumped to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting.\nThe tech-heavy benchmark rose 0.7% to an all-time closing high of 14,174.14, overtaking the previous record on April 26. The S&P 500 gained about 0.2% to another record close 4,255.15, boosted by the technology sector. The Dow Jones Industrial Average slipped 85.85 points, or nearly 0.3%, to 34,393,75.\nInvestors are giving growth and tech stocks another chance as bond yields come down. The 10-year Treasury fell below 1.43% on Friday, a three-month low. Cathie Wood’s Ark Innovation, an ETF that focuses on disruptive technology,returned about 6% last week. The fund rose 1.9% Monday even as the benchmark Treasury yield rose briefly back to 1.5%. Apple and Netflix both jumped more than 2%, while Amazon, Microsoft and Facebook also registered gains.\nBoosting cryptocurrency sentiment, Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners. Bitcoin recovered back above $40,000 Monday. Tesla, a big holder of bitcoin, climbed nearly 1.3%.\n“The broad market’s modest performance is pretty much in line with historical patterns— specifically, June’s tendency for generally quiet trading,” said Chris Larkin, managing director of trading at E-Trade Financial. “As the market continues to sort through potential moves made by the Fed and looming inflation, we could continue to see this narrative play out in the short-term.”\nThe Fed’s two-day policy meeting will likely dominate investor behavior this week. Although the central bank is not expected to take any action, its forecasts for interest rates, inflation and the economy could move the markets. The Fed could possibly move up its forecast for a rate hike after saying in its last quarterly update that it would keep its benchmark rate near zero through 2023,the Wall Street Journal reported on Monday.\nFed Chairman Jerome Powell will speak to the press after the central bank issues its statement Wednesday. Traders will be parsing his comments for any clues as to when the Fed could start to end its aggressive monthly asset purchases, especially given recent hotter-than-expected inflation readings.\nBillionaire hedge fund manager Paul Tudor Jones said this week’s Fed meeting could be the most important in Powell’s career, and he warned that the chairman could spark a big sell-off in risk assets if he doesn’t do a good job of signaling a taper.\n“If they course correct, if they say, ‘We’ve got incoming data, we’ve accomplished our mission or we’re on the way very rapidly to accomplishing our mission on employment,’ then you’re going to get a taper tantrum,” Tudor Jones said. “You’re going to get a sell-off in fixed income. You’re going to get a correction in stocks.”\nU.S. stocks ended last week with a record closing high for the S&P 500 and the beginning of a rotation back into growth names.\nLast week, the 30-stock Dow Jones Industrial Average fell 0.8%, but the S&P 500 rose 0.4%, for its third straight positive week. The Nasdaq Composite was the outperformer with a gain of nearly 1.9%, posting its fourth winning week in a row as the tech trade came back into favor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077234742,"gmtCreate":1658532978686,"gmtModify":1676536171390,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9077234742","repostId":"2253065181","repostType":4,"repost":{"id":"2253065181","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":1658522173,"share":"https://ttm.financial/m/news/2253065181?lang=&edition=fundamental","pubTime":"2022-07-23 04:36","market":"us","language":"en","title":"US STOCKS-Wall Street Closes Lower As Ad Tech, Social Media Stocks Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=2253065181","media":"Reuters","summary":"Snap Inc shares plunge on slowing growthCommunication services stocks lead sectoral declinesAmEx rai","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> shares plunge on slowing growth</li><li>Communication services stocks lead sectoral declines</li><li>AmEx raises revenue forecast on resilient card spending</li><li>Indexes down: Dow 0.43%, S&P 500 0.93%, Nasdaq 1.87%</li></ul><p>(Reuters) - U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad tech firms dropped, offsetting gains from card issuer American Express following an upbeat forecast.</p><p>Still, all three major indexes posted weekly gains despite Friday's losses with the tech heavy Nasdaq closing out the week 3.3% higher. The S&P 500 advanced 2.4%, and the Dow gained 2%.</p><p>Snapchat owner posted its weakest-ever quarterly sales growth as a public company, sending Snap Inc's shares down nearly 40%, while Twitter Inc reversed earlier losses to add 0.8% following a surprise fall in revenue.</p><p>Other online companies that depend heavily on ads, such as tech giants <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc and Alphabet Inc tumbled 7.6% and 5.6%, respectively, weighing on the Nasdaq.</p><p>Meta and Alphabet are set to post their earnings next week, along with mega-cap peers, including Apple Inc, Microsoft Corp and Amazon.com Inc.</p><p>The S&P 500 communication services and information technology tumbled 4.3% and 1.4%, respectively, leading declines among the index's 11 sectors.</p><p>The Dow Jones Industrial Average fell 137.61 points, or 0.43%, to 31,899.29, the S&P 500 lost 37.32 points, or 0.93%, to 3,961.63 and the Nasdaq Composite dropped 225.50 points, or 1.87%, to 11,834.11.</p><p>"Earnings are coming in less bad than feared, but they're deteriorating from what we got used to and accustomed to over the last several quarters," said Bob Doll, CIO at Crossmark Global Investments.</p><p>With 106 of the S&P 500 companies having reported earnings through Friday morning, 75.5% have topped analyst expectations, below the 81% beat rate over the past four quarters, according to Refinitiv data.</p><p>All eyes are on the Federal Reserve's meeting and second-quarter U.S. gross domestic product data next week. While the U.S. central bank is expected to raise interest rates by 75 basis points to curb runaway inflation, the GDP data is likely to be negative again.</p><p>Meanwhile, a survey on Friday showed that U.S. business activity contracted for the first time in nearly two years in July, deepening concerns about an economy stunted by high inflation, rising interest rates and dwindling consumer confidence.</p><p>“Economic data is coming in weaker.. kind of confirming the fact that a recession is highly likely over the next 12 months. And the markets is trying to figure out what that looks like with economic growth slowing significantly the Fed in the midst of pretty aggressive tightening fiscal,” said Megan Horneman, chief investment officer at Verdence Capital Advisors in Hunt Valley, Maryland.</p><p>Verizon Communications Inc tumbled 6.8% after announcing it cut its annual adjusted profit forecast as inflation weighs. American Express Co rose 1.9% on strong earnings and an increased revenue forecast.</p><p>Volume on U.S. exchanges was 10.38 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.43-to-1 ratio; on Nasdaq, a 2.49-to-1 ratio favored decliners.</p><p>The S&P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded 32 new highs and 74 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>US STOCKS-Wall Street Closes Lower As Ad Tech, Social Media Stocks Drop</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-Wall Street Closes Lower As Ad Tech, Social Media Stocks Drop\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\">2022-07-23 04:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> shares plunge on slowing growth</li><li>Communication services stocks lead sectoral declines</li><li>AmEx raises revenue forecast on resilient card spending</li><li>Indexes down: Dow 0.43%, S&P 500 0.93%, Nasdaq 1.87%</li></ul><p>(Reuters) - U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad tech firms dropped, offsetting gains from card issuer American Express following an upbeat forecast.</p><p>Still, all three major indexes posted weekly gains despite Friday's losses with the tech heavy Nasdaq closing out the week 3.3% higher. The S&P 500 advanced 2.4%, and the Dow gained 2%.</p><p>Snapchat owner posted its weakest-ever quarterly sales growth as a public company, sending Snap Inc's shares down nearly 40%, while Twitter Inc reversed earlier losses to add 0.8% following a surprise fall in revenue.</p><p>Other online companies that depend heavily on ads, such as tech giants <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc and Alphabet Inc tumbled 7.6% and 5.6%, respectively, weighing on the Nasdaq.</p><p>Meta and Alphabet are set to post their earnings next week, along with mega-cap peers, including Apple Inc, Microsoft Corp and Amazon.com Inc.</p><p>The S&P 500 communication services and information technology tumbled 4.3% and 1.4%, respectively, leading declines among the index's 11 sectors.</p><p>The Dow Jones Industrial Average fell 137.61 points, or 0.43%, to 31,899.29, the S&P 500 lost 37.32 points, or 0.93%, to 3,961.63 and the Nasdaq Composite dropped 225.50 points, or 1.87%, to 11,834.11.</p><p>"Earnings are coming in less bad than feared, but they're deteriorating from what we got used to and accustomed to over the last several quarters," said Bob Doll, CIO at Crossmark Global Investments.</p><p>With 106 of the S&P 500 companies having reported earnings through Friday morning, 75.5% have topped analyst expectations, below the 81% beat rate over the past four quarters, according to Refinitiv data.</p><p>All eyes are on the Federal Reserve's meeting and second-quarter U.S. gross domestic product data next week. While the U.S. central bank is expected to raise interest rates by 75 basis points to curb runaway inflation, the GDP data is likely to be negative again.</p><p>Meanwhile, a survey on Friday showed that U.S. business activity contracted for the first time in nearly two years in July, deepening concerns about an economy stunted by high inflation, rising interest rates and dwindling consumer confidence.</p><p>“Economic data is coming in weaker.. kind of confirming the fact that a recession is highly likely over the next 12 months. And the markets is trying to figure out what that looks like with economic growth slowing significantly the Fed in the midst of pretty aggressive tightening fiscal,” said Megan Horneman, chief investment officer at Verdence Capital Advisors in Hunt Valley, Maryland.</p><p>Verizon Communications Inc tumbled 6.8% after announcing it cut its annual adjusted profit forecast as inflation weighs. American Express Co rose 1.9% on strong earnings and an increased revenue forecast.</p><p>Volume on U.S. exchanges was 10.38 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.43-to-1 ratio; on Nasdaq, a 2.49-to-1 ratio favored decliners.</p><p>The S&P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded 32 new highs and 74 new lows.</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":"2253065181","content_text":"Snap Inc shares plunge on slowing growthCommunication services stocks lead sectoral declinesAmEx raises revenue forecast on resilient card spendingIndexes down: Dow 0.43%, S&P 500 0.93%, Nasdaq 1.87%(Reuters) - U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad tech firms dropped, offsetting gains from card issuer American Express following an upbeat forecast.Still, all three major indexes posted weekly gains despite Friday's losses with the tech heavy Nasdaq closing out the week 3.3% higher. The S&P 500 advanced 2.4%, and the Dow gained 2%.Snapchat owner posted its weakest-ever quarterly sales growth as a public company, sending Snap Inc's shares down nearly 40%, while Twitter Inc reversed earlier losses to add 0.8% following a surprise fall in revenue.Other online companies that depend heavily on ads, such as tech giants Meta Platforms Inc and Alphabet Inc tumbled 7.6% and 5.6%, respectively, weighing on the Nasdaq.Meta and Alphabet are set to post their earnings next week, along with mega-cap peers, including Apple Inc, Microsoft Corp and Amazon.com Inc.The S&P 500 communication services and information technology tumbled 4.3% and 1.4%, respectively, leading declines among the index's 11 sectors.The Dow Jones Industrial Average fell 137.61 points, or 0.43%, to 31,899.29, the S&P 500 lost 37.32 points, or 0.93%, to 3,961.63 and the Nasdaq Composite dropped 225.50 points, or 1.87%, to 11,834.11.\"Earnings are coming in less bad than feared, but they're deteriorating from what we got used to and accustomed to over the last several quarters,\" said Bob Doll, CIO at Crossmark Global Investments.With 106 of the S&P 500 companies having reported earnings through Friday morning, 75.5% have topped analyst expectations, below the 81% beat rate over the past four quarters, according to Refinitiv data.All eyes are on the Federal Reserve's meeting and second-quarter U.S. gross domestic product data next week. While the U.S. central bank is expected to raise interest rates by 75 basis points to curb runaway inflation, the GDP data is likely to be negative again.Meanwhile, a survey on Friday showed that U.S. business activity contracted for the first time in nearly two years in July, deepening concerns about an economy stunted by high inflation, rising interest rates and dwindling consumer confidence.“Economic data is coming in weaker.. kind of confirming the fact that a recession is highly likely over the next 12 months. And the markets is trying to figure out what that looks like with economic growth slowing significantly the Fed in the midst of pretty aggressive tightening fiscal,” said Megan Horneman, chief investment officer at Verdence Capital Advisors in Hunt Valley, Maryland.Verizon Communications Inc tumbled 6.8% after announcing it cut its annual adjusted profit forecast as inflation weighs. American Express Co rose 1.9% on strong earnings and an increased revenue forecast.Volume on U.S. exchanges was 10.38 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.43-to-1 ratio; on Nasdaq, a 2.49-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded 32 new highs and 74 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014391174,"gmtCreate":1649600013095,"gmtModify":1676534536110,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014391174","repostId":"2226574336","repostType":4,"repost":{"id":"2226574336","pubTimestamp":1649553875,"share":"https://ttm.financial/m/news/2226574336?lang=&edition=fundamental","pubTime":"2022-04-10 09:24","market":"us","language":"en","title":"Nasdaq Bear Market: 4 Beaten-Down Growth Stocks You'll Regret Not Buying On the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2226574336","media":"Motley Fool","summary":"A big decline in the technology-driven Nasdaq is the ideal time to invest in these innovative companies.","content":"<html><head></head><body><p>It's been a tumultuous start to 2022 for new and tenured investors. Both the iconic <b>Dow Jones Industrial Average</b> and widely followed <b>S&P 500 </b>officially dipped into correction territory with drops surpassing 10%. But for the tech-focused <b>Nasdaq Composite</b>, the decline was even more pronounced. Between mid-November and mid-March, the famed index shed 22% of its value and briefly entered a bear market.</p><p>While big declines in the major market indexes can be scary in the short run, they've historically proven to be the ideal time to put your money to work. That's because every notable dip in the market, which includes the Nasdaq Composite, has eventually been cleared away by a bull market rally.</p><p>Below are four beaten-down growth stocks you'll likely regret not buying on the bear market dip in the Nasdaq.</p><h2>CrowdStrike Holdings</h2><p>One of the smartest buys investors can make during the Nasdaq pullback is cybersecurity stock <b>CrowdStrike Holdings</b>. Shares of the company have fallen 26% since the Nasdaq hit an all-time high in November.</p><p>The beauty of cybersecurity stocks is that they've evolved into a basic necessity service. With businesses shifting their data online and into the cloud at an accelerated rate since the pandemic began, the onus of protecting this data from hackers and robots is increasingly falling on third-party providers like CrowdStrike.</p><p>What makes CrowdStrike the cybersecurity company to own is its cloud-native security platform, known as Falcon. Falcon oversees about 1 trillion events daily and relies on artificial intelligence (AI) to keep end users safe. Since it's built in the cloud and leaning on AI, Falcon can identify and respond to end-user threats faster and more effectively than virtually all on-premises security solutions.</p><p>Over the past five years, CrowdStrike's subscriber count has catapulted from 450 to 16,325, which represents a compound annual growth rate of 105.1%. Equally important, its existing customers are consistently spending more. In five years, the percentage of clients with four or more cloud-module subscriptions has jumped from less than 10% to 69%. This is why CrowdStrike's adjusted subscription gross margin is nearly 80%.</p><h2>PubMatic</h2><p>Another beaten-down high-growth stock you'll regret not buying on the dip is programmatic ad-tech company <b>PubMatic</b>. Shares of PubMatic are down more than 30% since November and almost 65% since hitting an all-time high in March 2021.</p><p>PubMatic's sustainable growth driver is the steady shift of advertising dollars from print to various digital formats. What PubMatic's cloud-based infrastructure does is oversee the sale of digital advertising space for its clients (i.e., publishers). Interestingly, this doesn't always mean placing the highest-priced ad in a display space. Rather, PubMatic's machine-learning algorithms will aim to place relevant ads in front of users. This keeps advertisers happy and can ultimately boost the long-term ad-pricing power for PubMatic's clients over the long run.</p><p>Although global digital ad spend is expected to increase by a little over 10% on an annual basis through 2024, PubMatic has been growing considerably faster. Last year, the company's organic growth rate was 49% and was driven by mobile, video, and connected TV (CTV) programmatic ads. In fact, CTV ad revenue grew more than sixfold in the fourth quarter from the prior-year period.</p><p>With PubMatic profitable on a recurring basis and forecast to grow sales by close to 25% in 2022 and 2023, it makes for the perfect stock to buy following a big dip in the Nasdaq.</p><h2><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</h2><p>A third beaten-down growth stock that's begging to be bought on this decline is fintech giant <b>PayPal Holdings</b>. PayPal's stock has fallen 62% since July 2021.</p><p>As with CrowdStrike and PubMatic, PayPal has a no-brainer growth opportunity on its doorstep. In this instance, I'm talking about digital payments. Even with competition in the digital payments space heating up, PayPal recorded $1.25 trillion in total payment volume (TPV) in 2021 and expects TPV will climb to or beyond $1.5 trillion in 2022.</p><p>What's arguably the most impressive aspect of PayPal is the growing number of payments from existing users. In 2020, there were fewer than 41 transactions per active account. Last year, this figure surpassed 45 per active account (over 19 billion transactions spanning 426 million active users). These figures show how quickly the payments landscape is going digital.</p><p>PayPal's abundant cash flow has also allowed the company to roll out new products and services. The company began allowing users to buy, hold, and sell cryptocurrencies in 2020, and is tinkering with launching a U.S. stock trading platform. It used its mountain of cash to acquire buy now, pay later solutions company Paidy last September, too.</p><p>At just a hair over 20 times Wall Street's forward-year earnings forecast, PayPal is arguably the cheapest it's ever been as a public company.</p><h2>Upstart Holdings</h2><p>The fourth and final beaten-down growth stock you'll regret not buying on the dip is cloud-based lending platform <b>Upstart Holdings</b>. Shares of the company have lost three-quarters of their value since October and are down close to 55% since the Nasdaq Composite hit its all-time high.</p><p>Upstart's claim to fame is the company's AI-driven lending platform. The traditional loan-vetting process can take quite a bit of time and be costly for both lending institutions and the party looking for a loan. Upstart's AI-powered platform can give on-the-spot answers (approval or denial) to roughly two-thirds of personal loan applicants. Furthermore, because the platform relies on machine learning, people who might not otherwise qualify for a loan under the traditional vetting process are sometimes approved using Upstart's process. In other words, it's democratizing access to financial services without putting lending institutions at a higher risk of loan delinquencies.</p><p>Something else investors should take note of is that 94% of fourth-quarter revenue came from fees and services tied to the lending institutions it caters to. In short, there's no credit exposure or loan delinquency risk when it comes to Upstart. This means a rising-rate environment shouldn't chase investors away from this rapidly growing company.</p><p>If you need <a href=\"https://laohu8.com/S/AONE.U\">one</a> more good reason to be excited about Upstart (aside from the company crushing Wall Street's earnings expectations on a regular basis), consider its acquisition of Prodigy Software in 2021. This buyout allows Upstart to push into AI-based auto loans, which is a considerably larger addressable market than personal loans.</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>Nasdaq Bear Market: 4 Beaten-Down Growth Stocks You'll Regret Not Buying On the Dip</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\">\nNasdaq Bear Market: 4 Beaten-Down Growth Stocks You'll Regret Not Buying On the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-10 09:24 GMT+8 <a href=https://www.fool.com/investing/2022/04/09/nasdaq-bear-market-4-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's been a tumultuous start to 2022 for new and tenured investors. Both the iconic Dow Jones Industrial Average and widely followed S&P 500 officially dipped into correction territory with drops ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/09/nasdaq-bear-market-4-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CTV":"Innovid","CRWD":"CrowdStrike Holdings, Inc.","BK4106":"数据处理与外包服务","BK4023":"应用软件","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","PYPL":"PayPal","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4543":"AI","BK4527":"明星科技股","BK4166":"消费信贷","BK4581":"高盛持仓","UPST":"Upstart Holdings, Inc.","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","AI":"C3.ai, Inc.","PUBM":"PubMatic, Inc.","BK4528":"SaaS概念","BK4554":"元宇宙及AR概念"},"source_url":"https://www.fool.com/investing/2022/04/09/nasdaq-bear-market-4-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226574336","content_text":"It's been a tumultuous start to 2022 for new and tenured investors. Both the iconic Dow Jones Industrial Average and widely followed S&P 500 officially dipped into correction territory with drops surpassing 10%. But for the tech-focused Nasdaq Composite, the decline was even more pronounced. Between mid-November and mid-March, the famed index shed 22% of its value and briefly entered a bear market.While big declines in the major market indexes can be scary in the short run, they've historically proven to be the ideal time to put your money to work. That's because every notable dip in the market, which includes the Nasdaq Composite, has eventually been cleared away by a bull market rally.Below are four beaten-down growth stocks you'll likely regret not buying on the bear market dip in the Nasdaq.CrowdStrike HoldingsOne of the smartest buys investors can make during the Nasdaq pullback is cybersecurity stock CrowdStrike Holdings. Shares of the company have fallen 26% since the Nasdaq hit an all-time high in November.The beauty of cybersecurity stocks is that they've evolved into a basic necessity service. With businesses shifting their data online and into the cloud at an accelerated rate since the pandemic began, the onus of protecting this data from hackers and robots is increasingly falling on third-party providers like CrowdStrike.What makes CrowdStrike the cybersecurity company to own is its cloud-native security platform, known as Falcon. Falcon oversees about 1 trillion events daily and relies on artificial intelligence (AI) to keep end users safe. Since it's built in the cloud and leaning on AI, Falcon can identify and respond to end-user threats faster and more effectively than virtually all on-premises security solutions.Over the past five years, CrowdStrike's subscriber count has catapulted from 450 to 16,325, which represents a compound annual growth rate of 105.1%. Equally important, its existing customers are consistently spending more. In five years, the percentage of clients with four or more cloud-module subscriptions has jumped from less than 10% to 69%. This is why CrowdStrike's adjusted subscription gross margin is nearly 80%.PubMaticAnother beaten-down high-growth stock you'll regret not buying on the dip is programmatic ad-tech company PubMatic. Shares of PubMatic are down more than 30% since November and almost 65% since hitting an all-time high in March 2021.PubMatic's sustainable growth driver is the steady shift of advertising dollars from print to various digital formats. What PubMatic's cloud-based infrastructure does is oversee the sale of digital advertising space for its clients (i.e., publishers). Interestingly, this doesn't always mean placing the highest-priced ad in a display space. Rather, PubMatic's machine-learning algorithms will aim to place relevant ads in front of users. This keeps advertisers happy and can ultimately boost the long-term ad-pricing power for PubMatic's clients over the long run.Although global digital ad spend is expected to increase by a little over 10% on an annual basis through 2024, PubMatic has been growing considerably faster. Last year, the company's organic growth rate was 49% and was driven by mobile, video, and connected TV (CTV) programmatic ads. In fact, CTV ad revenue grew more than sixfold in the fourth quarter from the prior-year period.With PubMatic profitable on a recurring basis and forecast to grow sales by close to 25% in 2022 and 2023, it makes for the perfect stock to buy following a big dip in the Nasdaq.PayPal HoldingsA third beaten-down growth stock that's begging to be bought on this decline is fintech giant PayPal Holdings. PayPal's stock has fallen 62% since July 2021.As with CrowdStrike and PubMatic, PayPal has a no-brainer growth opportunity on its doorstep. In this instance, I'm talking about digital payments. Even with competition in the digital payments space heating up, PayPal recorded $1.25 trillion in total payment volume (TPV) in 2021 and expects TPV will climb to or beyond $1.5 trillion in 2022.What's arguably the most impressive aspect of PayPal is the growing number of payments from existing users. In 2020, there were fewer than 41 transactions per active account. Last year, this figure surpassed 45 per active account (over 19 billion transactions spanning 426 million active users). These figures show how quickly the payments landscape is going digital.PayPal's abundant cash flow has also allowed the company to roll out new products and services. The company began allowing users to buy, hold, and sell cryptocurrencies in 2020, and is tinkering with launching a U.S. stock trading platform. It used its mountain of cash to acquire buy now, pay later solutions company Paidy last September, too.At just a hair over 20 times Wall Street's forward-year earnings forecast, PayPal is arguably the cheapest it's ever been as a public company.Upstart HoldingsThe fourth and final beaten-down growth stock you'll regret not buying on the dip is cloud-based lending platform Upstart Holdings. Shares of the company have lost three-quarters of their value since October and are down close to 55% since the Nasdaq Composite hit its all-time high.Upstart's claim to fame is the company's AI-driven lending platform. The traditional loan-vetting process can take quite a bit of time and be costly for both lending institutions and the party looking for a loan. Upstart's AI-powered platform can give on-the-spot answers (approval or denial) to roughly two-thirds of personal loan applicants. Furthermore, because the platform relies on machine learning, people who might not otherwise qualify for a loan under the traditional vetting process are sometimes approved using Upstart's process. In other words, it's democratizing access to financial services without putting lending institutions at a higher risk of loan delinquencies.Something else investors should take note of is that 94% of fourth-quarter revenue came from fees and services tied to the lending institutions it caters to. In short, there's no credit exposure or loan delinquency risk when it comes to Upstart. This means a rising-rate environment shouldn't chase investors away from this rapidly growing company.If you need one more good reason to be excited about Upstart (aside from the company crushing Wall Street's earnings expectations on a regular basis), consider its acquisition of Prodigy Software in 2021. This buyout allows Upstart to push into AI-based auto loans, which is a considerably larger addressable market than personal loans.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039366925,"gmtCreate":1645926916014,"gmtModify":1676534075198,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039366925","repostId":"1125580913","repostType":4,"repost":{"id":"1125580913","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1645926503,"share":"https://ttm.financial/m/news/1125580913?lang=&edition=fundamental","pubTime":"2022-02-27 09:48","market":"us","language":"en","title":"Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1125580913","media":"Tiger Newspress","summary":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-yea","content":"<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here:</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</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>Buffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value</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\">\nBuffett Full Annual Letter:Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-27 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here:</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125580913","content_text":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”Read the full letter here:To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.What You OwnBerkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.Surprise, SurpriseHere are a few items about your company that often surprise even seasoned investors:• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.Our Four GiantsThrough Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.InvestmentsNow let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.* This is our actual purchase price and also our tax basis.** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.U.S. Treasury BillsBerkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.But $144 billion?That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.Share RepurchasesThere are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.A Wonderful Man and a Wonderful BusinessLast year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.In all ways, Paul was a class act.* * * * * * * * * * * *Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.ThanksI taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction workingfor you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”The Annual MeetingClear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.February 26, 2022Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814511813,"gmtCreate":1630842577332,"gmtModify":1676530404393,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like please.","listText":"Like please.","text":"Like please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814511813","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8 <a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179969840,"gmtCreate":1626482113880,"gmtModify":1703760832049,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Bad newsPlease like and comments","listText":"Bad newsPlease like and comments","text":"Bad newsPlease like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/179969840","repostId":"1140939614","repostType":4,"repost":{"id":"1140939614","pubTimestamp":1626446093,"share":"https://ttm.financial/m/news/1140939614?lang=&edition=fundamental","pubTime":"2021-07-16 22:34","market":"us","language":"en","title":"Dow gives up earlier gain, loses 150 points despite strong retail sales","url":"https://stock-news.laohu8.com/highlight/detail?id=1140939614","media":"CNBC","summary":"The Dow Jones Industrial Average drifted lower Friday even as the latest retail sales numbers came o","content":"<div>\n<p>The Dow Jones Industrial Average drifted lower Friday even as the latest retail sales numbers came out better-than-expected.\nThe Dow lost 150 points, or 0.46%, after opening above 35,000. The index ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.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 gives up earlier gain, loses 150 points despite strong retail sales</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 gives up earlier gain, loses 150 points despite strong retail sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 22:34 GMT+8 <a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average drifted lower Friday even as the latest retail sales numbers came out better-than-expected.\nThe Dow lost 150 points, or 0.46%, after opening above 35,000. The index ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1140939614","content_text":"The Dow Jones Industrial Average drifted lower Friday even as the latest retail sales numbers came out better-than-expected.\nThe Dow lost 150 points, or 0.46%, after opening above 35,000. The index closed just short of that level on Monday. The S&P 500 dipped around 0.2% and the Nasdaq Composite edged about 0.1% lower.\nRetail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. Excluding autos, those sales jumped 1.3%, beating economists’ estimate of a 0.4% gain.\nWeaker performance from technology stocks weighed on the market. Shares of Netflix fell more than 1% ahead of the streaming giant’s second-quarter earnings report next week. Nvidia shares fell about 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142093528,"gmtCreate":1626102239664,"gmtModify":1703753513307,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"OkPlease like and comments","listText":"OkPlease like and comments","text":"OkPlease like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/142093528","repostId":"1169412016","repostType":4,"repost":{"id":"1169412016","pubTimestamp":1626100705,"share":"https://ttm.financial/m/news/1169412016?lang=&edition=fundamental","pubTime":"2021-07-12 22:38","market":"us","language":"en","title":"AMC touts busiest moviegoing weekend since March 2020 closings; shares slip","url":"https://stock-news.laohu8.com/highlight/detail?id=1169412016","media":"seekingalpha","summary":"AMC Entertainment says thatBlack Widowweekend haspushed it to another post-reopening attendance reco","content":"<ul>\n <li>AMC Entertainment says that<i>Black Widow</i>weekend haspushed it to another post-reopening attendance record.</li>\n <li>The Marvel film's success meant AMC's U.S. theaters saw more than 2.5M moviegoers Thursday-Sunday, while its international venues (in Europe and the Middle East) added another 650,000-plus, for a total of about 3.2M.</li>\n <li>Eight of the 10 busiest theaters in America were AMC venues, the company notes, led by its AMC Burbank 30 in Burbank, Calif.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC touts busiest moviegoing weekend since March 2020 closings; shares slip</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\">\nAMC touts busiest moviegoing weekend since March 2020 closings; shares slip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 22:38 GMT+8 <a href=https://seekingalpha.com/news/3714328-amc-touts-busiest-moviegoing-weekend-since-march-2020-closings-shares-slip><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment says thatBlack Widowweekend haspushed it to another post-reopening attendance record.\nThe Marvel film's success meant AMC's U.S. theaters saw more than 2.5M moviegoers Thursday-...</p>\n\n<a href=\"https://seekingalpha.com/news/3714328-amc-touts-busiest-moviegoing-weekend-since-march-2020-closings-shares-slip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://seekingalpha.com/news/3714328-amc-touts-busiest-moviegoing-weekend-since-march-2020-closings-shares-slip","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1169412016","content_text":"AMC Entertainment says thatBlack Widowweekend haspushed it to another post-reopening attendance record.\nThe Marvel film's success meant AMC's U.S. theaters saw more than 2.5M moviegoers Thursday-Sunday, while its international venues (in Europe and the Middle East) added another 650,000-plus, for a total of about 3.2M.\nEight of the 10 busiest theaters in America were AMC venues, the company notes, led by its AMC Burbank 30 in Burbank, Calif.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153937449,"gmtCreate":1625003525081,"gmtModify":1703849736670,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Please like and comments","listText":"Please like and comments","text":"Please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/153937449","repostId":"1146217494","repostType":4,"repost":{"id":"1146217494","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1624980536,"share":"https://ttm.financial/m/news/1146217494?lang=&edition=fundamental","pubTime":"2021-06-29 23:28","market":"us","language":"en","title":"5 SPACs To Watch In The Second Half 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1146217494","media":"Benzinga","summary":"As the close of the first half of 2021 nears, investors have a chance to look at some companies that","content":"<p>As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021.</p>\n<p>Here is a look at five SPACs to watch in the second half of 2021.</p>\n<p><b>Churchill Capital Corp IV:</b>Electric vehicle company Lucid Motors ismergingwith <b>Churchill Capital Corp IV</b> in a deal that has been one of the most discussed of its kind. The deal valued Lucid Motors at $24 billion based on a pricing of $15 for the PIPE on the deal.</p>\n<p>Lucid Motors is set to launch the Lucid Air sedan in the second half of 2021. There were over 7,500 reservations of the Lucid Air in February representing $650 million in sales for Lucid Motors.</p>\n<p>The company’s production capabilities are 34,000 units annually, with expansion plans that would take the company to 365,000 units annually. Announced future models include the Lucid Gravity SUV in 2023 and plans for more sedan and SUVs in the future.</p>\n<p>Shares of CCIV had hit a high of $64.86 before falling below the $20 level. Shares traded over the $30 level shortly in March and have not reached that level again.</p>\n<p>With several catalysts coming in the second half of 2021, CCIV shares could see strong performance. Lucid Motors has not announced a date for the merger vote, which could be another catalyst for shareholders to watch.</p>\n<p><b>Altimeter Growth Corp:</b> The large Southeast Asian delivery, mobility and financial services company Grab announced a SPAC deal with <b>Altimeter Growth Corp</b> in one of the largest offerings for a company from the region in the U.S.</p>\n<p>Grab is the category leader for online food delivery, ride-hail and digital wallets in Southeast Asia. The company had gross merchandising value of $12.5 billion in 2020, which came in ahead of pre-pandemic levels.</p>\n<p>Over 670 million people live in Southeast Asia, which could give Grab a significant runway for future growth in its existing and new segments. Online food delivery penetration and digital wallets are smaller in market size in Asia than in regions like the U.S.</p>\n<p>The deal is expected to be completed in the later part of 2021, which could see shares trade favorably in the second half of 2021.</p>\n<p><b>Chamath SPACs:</b>One of the top names in the SPAC world still has two SPACs searching for targets. Chamath Palihapitiya’s <b>Social Capital Hedosophia Holdings Corp IV</b> and <b>Social Capital Hedosophia Holdings Corp VI</b> are SPACs that could perform well in the second half of 2021.</p>\n<p>IPOD has no rumors attached to it, while IPOF isrumoredto be bringing gym owner and <b>Peloton Interactive</b> rival Equinox public.</p>\n<p>IPOD raised $400 million and has the former CEO and co-founder of NextDoor to help pick a target.</p>\n<p>Dick Costolo, the former CEO of <b>Twitter Inc</b> from 2010 to 2015, is helping the $1-billion IPOF select a target.</p>\n<p>Palihapitiya recently filed for four biotech SPACs. That could mean deals are close to being announced for IPOD and IPOF — or he could have six active SPACs searching for targets later this year.</p>\n<p><b>Trident Acquisitions Corp:</b>One trend that has played out for SPACs in 2021 is that some well-known brands or companies trade better when they have the new name and ticker.</p>\n<p>The same could happen for Lottery.com, which is merging with <b>Trident Acquisitions Corp</b> and will trade under new ticker LTRY.</p>\n<p>Lottery.com has facilities in 12 states and plans to add six more in 2021, CEO Tony DiMatteo told Benzinga.</p>\n<p>A potential catalyst for the company is its acquisition of the sports.com domain and intentions to enter the sports betting market.<b>DraftKings Inc</b> CEO Jason Robins serves on the company’s advisory board.</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>5 SPACs To Watch In The Second Half 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 SPACs To Watch In The Second Half 2021\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-29 23:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021.</p>\n<p>Here is a look at five SPACs to watch in the second half of 2021.</p>\n<p><b>Churchill Capital Corp IV:</b>Electric vehicle company Lucid Motors ismergingwith <b>Churchill Capital Corp IV</b> in a deal that has been one of the most discussed of its kind. The deal valued Lucid Motors at $24 billion based on a pricing of $15 for the PIPE on the deal.</p>\n<p>Lucid Motors is set to launch the Lucid Air sedan in the second half of 2021. There were over 7,500 reservations of the Lucid Air in February representing $650 million in sales for Lucid Motors.</p>\n<p>The company’s production capabilities are 34,000 units annually, with expansion plans that would take the company to 365,000 units annually. Announced future models include the Lucid Gravity SUV in 2023 and plans for more sedan and SUVs in the future.</p>\n<p>Shares of CCIV had hit a high of $64.86 before falling below the $20 level. Shares traded over the $30 level shortly in March and have not reached that level again.</p>\n<p>With several catalysts coming in the second half of 2021, CCIV shares could see strong performance. Lucid Motors has not announced a date for the merger vote, which could be another catalyst for shareholders to watch.</p>\n<p><b>Altimeter Growth Corp:</b> The large Southeast Asian delivery, mobility and financial services company Grab announced a SPAC deal with <b>Altimeter Growth Corp</b> in one of the largest offerings for a company from the region in the U.S.</p>\n<p>Grab is the category leader for online food delivery, ride-hail and digital wallets in Southeast Asia. The company had gross merchandising value of $12.5 billion in 2020, which came in ahead of pre-pandemic levels.</p>\n<p>Over 670 million people live in Southeast Asia, which could give Grab a significant runway for future growth in its existing and new segments. Online food delivery penetration and digital wallets are smaller in market size in Asia than in regions like the U.S.</p>\n<p>The deal is expected to be completed in the later part of 2021, which could see shares trade favorably in the second half of 2021.</p>\n<p><b>Chamath SPACs:</b>One of the top names in the SPAC world still has two SPACs searching for targets. Chamath Palihapitiya’s <b>Social Capital Hedosophia Holdings Corp IV</b> and <b>Social Capital Hedosophia Holdings Corp VI</b> are SPACs that could perform well in the second half of 2021.</p>\n<p>IPOD has no rumors attached to it, while IPOF isrumoredto be bringing gym owner and <b>Peloton Interactive</b> rival Equinox public.</p>\n<p>IPOD raised $400 million and has the former CEO and co-founder of NextDoor to help pick a target.</p>\n<p>Dick Costolo, the former CEO of <b>Twitter Inc</b> from 2010 to 2015, is helping the $1-billion IPOF select a target.</p>\n<p>Palihapitiya recently filed for four biotech SPACs. That could mean deals are close to being announced for IPOD and IPOF — or he could have six active SPACs searching for targets later this year.</p>\n<p><b>Trident Acquisitions Corp:</b>One trend that has played out for SPACs in 2021 is that some well-known brands or companies trade better when they have the new name and ticker.</p>\n<p>The same could happen for Lottery.com, which is merging with <b>Trident Acquisitions Corp</b> and will trade under new ticker LTRY.</p>\n<p>Lottery.com has facilities in 12 states and plans to add six more in 2021, CEO Tony DiMatteo told Benzinga.</p>\n<p>A potential catalyst for the company is its acquisition of the sports.com domain and intentions to enter the sports betting market.<b>DraftKings Inc</b> CEO Jason Robins serves on the company’s advisory board.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IPOF":"Social Capital Hedosophia Holdings Corp VI","IPOD":"Social Capital Hedosophia Holdings Corp. IV"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146217494","content_text":"As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021.\nHere is a look at five SPACs to watch in the second half of 2021.\nChurchill Capital Corp IV:Electric vehicle company Lucid Motors ismergingwith Churchill Capital Corp IV in a deal that has been one of the most discussed of its kind. The deal valued Lucid Motors at $24 billion based on a pricing of $15 for the PIPE on the deal.\nLucid Motors is set to launch the Lucid Air sedan in the second half of 2021. There were over 7,500 reservations of the Lucid Air in February representing $650 million in sales for Lucid Motors.\nThe company’s production capabilities are 34,000 units annually, with expansion plans that would take the company to 365,000 units annually. Announced future models include the Lucid Gravity SUV in 2023 and plans for more sedan and SUVs in the future.\nShares of CCIV had hit a high of $64.86 before falling below the $20 level. Shares traded over the $30 level shortly in March and have not reached that level again.\nWith several catalysts coming in the second half of 2021, CCIV shares could see strong performance. Lucid Motors has not announced a date for the merger vote, which could be another catalyst for shareholders to watch.\nAltimeter Growth Corp: The large Southeast Asian delivery, mobility and financial services company Grab announced a SPAC deal with Altimeter Growth Corp in one of the largest offerings for a company from the region in the U.S.\nGrab is the category leader for online food delivery, ride-hail and digital wallets in Southeast Asia. The company had gross merchandising value of $12.5 billion in 2020, which came in ahead of pre-pandemic levels.\nOver 670 million people live in Southeast Asia, which could give Grab a significant runway for future growth in its existing and new segments. Online food delivery penetration and digital wallets are smaller in market size in Asia than in regions like the U.S.\nThe deal is expected to be completed in the later part of 2021, which could see shares trade favorably in the second half of 2021.\nChamath SPACs:One of the top names in the SPAC world still has two SPACs searching for targets. Chamath Palihapitiya’s Social Capital Hedosophia Holdings Corp IV and Social Capital Hedosophia Holdings Corp VI are SPACs that could perform well in the second half of 2021.\nIPOD has no rumors attached to it, while IPOF isrumoredto be bringing gym owner and Peloton Interactive rival Equinox public.\nIPOD raised $400 million and has the former CEO and co-founder of NextDoor to help pick a target.\nDick Costolo, the former CEO of Twitter Inc from 2010 to 2015, is helping the $1-billion IPOF select a target.\nPalihapitiya recently filed for four biotech SPACs. That could mean deals are close to being announced for IPOD and IPOF — or he could have six active SPACs searching for targets later this year.\nTrident Acquisitions Corp:One trend that has played out for SPACs in 2021 is that some well-known brands or companies trade better when they have the new name and ticker.\nThe same could happen for Lottery.com, which is merging with Trident Acquisitions Corp and will trade under new ticker LTRY.\nLottery.com has facilities in 12 states and plans to add six more in 2021, CEO Tony DiMatteo told Benzinga.\nA potential catalyst for the company is its acquisition of the sports.com domain and intentions to enter the sports betting market.DraftKings Inc CEO Jason Robins serves on the company’s advisory board.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057821988,"gmtCreate":1655504519744,"gmtModify":1676535650839,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057821988","repostId":"1105210003","repostType":4,"repost":{"id":"1105210003","pubTimestamp":1655478634,"share":"https://ttm.financial/m/news/1105210003?lang=&edition=fundamental","pubTime":"2022-06-17 23:10","market":"hk","language":"en","title":"Alibaba: A Bull Market Is Born","url":"https://stock-news.laohu8.com/highlight/detail?id=1105210003","media":"Seeking Alpha","summary":"SummaryA deep dive into the e-commerce behemoth Alibaba (BABA) depicts a multi-engine growth machine","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>A deep dive into the e-commerce behemoth Alibaba (BABA) depicts a multi-engine growth machine, at a cyclical low.</li><li>Our analysis of industry tailwinds and normalized earnings points to a huge opportunity for risk-tolerant investors.</li><li>We estimate a market-crushing return of 17% per annum for Alibaba shareholders, indicating a 5x in the decade to come.</li></ul><p><b>Investment Thesis</b></p><p>Dark days have lingered for Alibaba Group Holding (NYSE:BABA), down 65% from its high. The past year has been a true test of investors' fortitude. Over the past year, geopolitical risks have surfaced. Asked why he bought into Alibaba given those risks, Charlie Munger stated, "I was willing to take a little political risk to get into the better companies at the lower prices." As for the recent run-up and steep decline, legendary investor Sir John Templeton had some advice:</p><blockquote>Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.</blockquote><p>As pessimism looms, the bull market builds. We caution investors that now is not the time to trade BABA shares, but to own them. In the decade ahead, we estimate a market-crushing return of 17% per annum.</p><p><b>Know What You Own</b></p><p>Peter Lynch once advised, "Know what you own, and know why you own it." Let's take a look at Alibaba's multifaceted business model.</p><p>Alibaba is an expansive ecosystem of products. The pieces of Alibaba interact with each other to accomplish the company's mission: To make it easy to do business anywhere.</p><p><b>Core Commerce</b></p><p>The company's core commerce segment accounts for approximately75% of revenue. Alibaba's most important assets are its online shopping platforms Taobao, Tmall, Lazada, andAlibaba.com. Within core commerce, Alibaba makes money from advertising, customer management, subscriptions, and direct sales.</p><p>The company owns a collection of fast-growing grocery chains such as Freshippo, Sunart, and Tmall Supermarket. Although grocery has been a drag on margins, it is still an integral part of Alibaba's business empire. The Freshippo (Hema) chain even offers 30-minute delivery using smart logistics.</p><p>Despite its much smaller market cap, Alibaba is a larger e-commerce player than Amazon (AMZN). In 2020, Alibaba accounted for 29% of the e-commerce goods transacted globally:</p><p><img src=\"https://static.tigerbbs.com/687477af832cf5d2d67ff108a6c3dda8\" tg-width=\"960\" tg-height=\"456\" referrerpolicy=\"no-referrer\"/></p><p>Global E-Commerce GMV Share(Forbes)</p><p>Alibaba's combined business reached1.31 billion consumers across the world over the past year. This number continues to grow despite its scale. In China alone, the company has nearly a billion monthly active consumers on its mobile shopping platforms:</p><p><img src=\"https://static.tigerbbs.com/0f01eaafba46a3ecaaf5306394e811d3\" tg-width=\"640\" tg-height=\"399\" referrerpolicy=\"no-referrer\"/></p><p>MAU's Across Alibaba's Shopping Platforms(Statista)</p><p><b>An Expansive Ecosystem</b></p><p>Alibaba spawns new businesses where it sees an economic need in society. The company's new businesses, whether acquired or built, always support each other within the Alibaba ecosystem. The ecosystem includes Cainiao smart logistics and a digital payments app, Alipay.</p><p>Alibaba started Alipay in 2004 to help build trust between consumers and merchants in online purchases (The company now owns 33% of the FinTech parent company, Ant Group). Fast-forward to today, and mobile payments are the preferred method of payment in China. Alipay has a 54.5% share of the market:</p><p><img src=\"https://static.tigerbbs.com/b353a8f92e6920c424fc6b7c26c19854\" tg-width=\"860\" tg-height=\"809\" referrerpolicy=\"no-referrer\"/></p><p>Alipay vs. WeChat Pay Market Share(EastWestBank)</p><p>Alibaba's reach is enormous in China. The company plays an integral part in the day-to-day lives of citizens, whether it be through payment, e-commerce, groceries, delivery (Ele.me), streaming (Youku), or navigation (Amap). The company is also the lifeblood of millions and millions of small businesses.</p><p>Alibaba's reach is a powerful network effect for its rapidly growing cloud segment. Alibaba Cloud is building out its network globally, and there is a very long runway for the business. Alibaba Cloud just became profitable over the past six months, and should contribute to the company's bottom line going forward. The company still has room to grow its cloud market share:</p><p><img src=\"https://static.tigerbbs.com/a56959ac1a5611da4ea9ddd4f24b64fe\" tg-width=\"1200\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"/></p><p>Global Cloud Market Share(Statista)</p><p><b>S.W.O.T. Analysis</b></p><p>To analyze what Alibaba does well, along with the risks it faces as a business, we present a S.W.O.T. analysis for the company:</p><p><img src=\"https://static.tigerbbs.com/41a651cf204eb9f2ce9034c78114b4d3\" tg-width=\"407\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/></p><p>Normalized Earnings</p><p>Alibaba's normalized earnings are around $22 billion, or $8.22 per share. The company experienced several one-off hits to its earnings over the past 12 months, including a $2.8 billion fine from the government, increased ad spend on Taobao deals, poor economic conditions in China, and huge goodwill impairments. To normalize earnings, we have taken the average net income over fiscal 2020 and 2021, divided by the current shares outstanding. Keep in mind that revenue and active users have grown substantially since 2020, indicating a conservative figure.</p><p><b>Valuation</b></p><p>We estimate Alibaba will grow normalized earnings at 13% annualized over the next decade, resulting in 2032 earnings per share of $27.90.</p><ul><li>Alibaba is still growing its user count. The company is in the early stages of its international expansion in e-commerce and cloud computing. These businesses have strong industry tailwinds, allowing Alibaba to grow organically. Alibaba also benefits from China's rapidly growing middle class. As a result, the average spend on Taobao and Tmall will increase if user retention remains strong. The same is true for Alibaba's delivery, streaming, grocery, and payments assets. On top of this, the company has $39 billion of working capital on its balance sheet to buy back shares, acquire businesses, and build new businesses.</li></ul><p>Our 2032 price target for Alibaba is $488 per share, implying a return of 17% per annum.</p><ul><li>We have applied a terminal multiple of 17.5 for a business that we believe has an enduring network effect, brand, and industry tailwind.</li></ul></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>Alibaba: A Bull Market Is Born</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: A Bull Market Is Born\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-17 23:10 GMT+8 <a href=https://seekingalpha.com/article/4518935-baba-stock-alibaba-a-bull-market-is-born><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryA deep dive into the e-commerce behemoth Alibaba (BABA) depicts a multi-engine growth machine, at a cyclical low.Our analysis of industry tailwinds and normalized earnings points to a huge ...</p>\n\n<a href=\"https://seekingalpha.com/article/4518935-baba-stock-alibaba-a-bull-market-is-born\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4518935-baba-stock-alibaba-a-bull-market-is-born","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105210003","content_text":"SummaryA deep dive into the e-commerce behemoth Alibaba (BABA) depicts a multi-engine growth machine, at a cyclical low.Our analysis of industry tailwinds and normalized earnings points to a huge opportunity for risk-tolerant investors.We estimate a market-crushing return of 17% per annum for Alibaba shareholders, indicating a 5x in the decade to come.Investment ThesisDark days have lingered for Alibaba Group Holding (NYSE:BABA), down 65% from its high. The past year has been a true test of investors' fortitude. Over the past year, geopolitical risks have surfaced. Asked why he bought into Alibaba given those risks, Charlie Munger stated, \"I was willing to take a little political risk to get into the better companies at the lower prices.\" As for the recent run-up and steep decline, legendary investor Sir John Templeton had some advice:Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.As pessimism looms, the bull market builds. We caution investors that now is not the time to trade BABA shares, but to own them. In the decade ahead, we estimate a market-crushing return of 17% per annum.Know What You OwnPeter Lynch once advised, \"Know what you own, and know why you own it.\" Let's take a look at Alibaba's multifaceted business model.Alibaba is an expansive ecosystem of products. The pieces of Alibaba interact with each other to accomplish the company's mission: To make it easy to do business anywhere.Core CommerceThe company's core commerce segment accounts for approximately75% of revenue. Alibaba's most important assets are its online shopping platforms Taobao, Tmall, Lazada, andAlibaba.com. Within core commerce, Alibaba makes money from advertising, customer management, subscriptions, and direct sales.The company owns a collection of fast-growing grocery chains such as Freshippo, Sunart, and Tmall Supermarket. Although grocery has been a drag on margins, it is still an integral part of Alibaba's business empire. The Freshippo (Hema) chain even offers 30-minute delivery using smart logistics.Despite its much smaller market cap, Alibaba is a larger e-commerce player than Amazon (AMZN). In 2020, Alibaba accounted for 29% of the e-commerce goods transacted globally:Global E-Commerce GMV Share(Forbes)Alibaba's combined business reached1.31 billion consumers across the world over the past year. This number continues to grow despite its scale. In China alone, the company has nearly a billion monthly active consumers on its mobile shopping platforms:MAU's Across Alibaba's Shopping Platforms(Statista)An Expansive EcosystemAlibaba spawns new businesses where it sees an economic need in society. The company's new businesses, whether acquired or built, always support each other within the Alibaba ecosystem. The ecosystem includes Cainiao smart logistics and a digital payments app, Alipay.Alibaba started Alipay in 2004 to help build trust between consumers and merchants in online purchases (The company now owns 33% of the FinTech parent company, Ant Group). Fast-forward to today, and mobile payments are the preferred method of payment in China. Alipay has a 54.5% share of the market:Alipay vs. WeChat Pay Market Share(EastWestBank)Alibaba's reach is enormous in China. The company plays an integral part in the day-to-day lives of citizens, whether it be through payment, e-commerce, groceries, delivery (Ele.me), streaming (Youku), or navigation (Amap). The company is also the lifeblood of millions and millions of small businesses.Alibaba's reach is a powerful network effect for its rapidly growing cloud segment. Alibaba Cloud is building out its network globally, and there is a very long runway for the business. Alibaba Cloud just became profitable over the past six months, and should contribute to the company's bottom line going forward. The company still has room to grow its cloud market share:Global Cloud Market Share(Statista)S.W.O.T. AnalysisTo analyze what Alibaba does well, along with the risks it faces as a business, we present a S.W.O.T. analysis for the company:Normalized EarningsAlibaba's normalized earnings are around $22 billion, or $8.22 per share. The company experienced several one-off hits to its earnings over the past 12 months, including a $2.8 billion fine from the government, increased ad spend on Taobao deals, poor economic conditions in China, and huge goodwill impairments. To normalize earnings, we have taken the average net income over fiscal 2020 and 2021, divided by the current shares outstanding. Keep in mind that revenue and active users have grown substantially since 2020, indicating a conservative figure.ValuationWe estimate Alibaba will grow normalized earnings at 13% annualized over the next decade, resulting in 2032 earnings per share of $27.90.Alibaba is still growing its user count. The company is in the early stages of its international expansion in e-commerce and cloud computing. These businesses have strong industry tailwinds, allowing Alibaba to grow organically. Alibaba also benefits from China's rapidly growing middle class. As a result, the average spend on Taobao and Tmall will increase if user retention remains strong. The same is true for Alibaba's delivery, streaming, grocery, and payments assets. On top of this, the company has $39 billion of working capital on its balance sheet to buy back shares, acquire businesses, and build new businesses.Our 2032 price target for Alibaba is $488 per share, implying a return of 17% per annum.We have applied a terminal multiple of 17.5 for a business that we believe has an enduring network effect, brand, and industry tailwind.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9068286446,"gmtCreate":1651787340685,"gmtModify":1676534967321,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068286446","repostId":"1161742465","repostType":4,"repost":{"id":"1161742465","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1651763586,"share":"https://ttm.financial/m/news/1161742465?lang=&edition=fundamental","pubTime":"2022-05-05 23:13","market":"us","language":"en","title":"Dow Tumbles 1,000 Points, Nasdaq Drops More Than 4% as Wall Street Sell-Off Intensifies","url":"https://stock-news.laohu8.com/highlight/detail?id=1161742465","media":"Tiger Newspress","summary":"Stocks fell sharply on Thursday, erasing the gains seen in the previous session after the Federal Re","content":"<html><head></head><body><p>Stocks fell sharply on Thursday, erasing the gains seen in the previous session after the Federal Reserve raised rates by half a point.</p><p>The Dow Jones Industrial Average lost 890 points, or 2.6%. The S&P 500 and Nasdaq Composite fell 3.1% and 4.2%, respectively.</p><p>The moves come after a major rally for stocks on Wednesday. The Dow surged 932 points, or 2.81%, and the S&P 500 gained 2.99% for their biggest gains since 2020. The Nasdaq Composite jumped 3.19%.</p><p>The Fed increased its benchmark interest rate by 50 basis points, as expected, and said it would begin reducing its balance sheet in June. However, Fed Chair Jerome Powell said during his news conference that the central bank is “not actively considering” a larger 75 basis point rate hike, which appeared to spark a rally.</p><p>Still, the Fed remains open to the prospect of taking rates above neutral to rein in inflation, Zachary Hill, head of portfolio strategy at Horizon Investments, noted.</p><p>“Despite the tightening that we have seen in financial conditions over the last few months, it is clear that the Fed would like to see them tighten further,” he said. “Higher equity valuations are incompatible with that desire, so unless supply chains heal rapidly or workers flood back into the labor force, any equity rallies are likely on borrowed time as Fed messaging becomes more hawkish once again.”</p><p>Large tech stocks were under pressure, with Facebook-parent Meta Platforms and Amazon falling 5.8% and 7.1%, respectively. Microsoft dropped 4.7%. Salesforce tumbled 6.3%.</p><p>E-commerce stocks were a key source of weakness on Thursday following some disappointing quarterly reports.</p><p>Etsy and eBay dropped 15% and 8%, respectively, after issuing weaker-than-expected revenue guidance. Shopify fell more than 17% after missing estimates on the top and bottom lines.</p><p>The Treasury market also saw a dramatic reversal of Wednesday’s rally. The 10-year Treasury yield, which moves opposite of price, surged back above 3% on Thursday morning and hit its highest level since 2018. Rising rates can put pressure on growth-oriented tech stocks, as they make far-off earnings less attractive to investors.</p><p>Carlyle Group co-founder David Rubenstein said investors need to get “back to reality” about the headwinds for markets and the economy, including the war in Russia and high inflation.</p><p>“We’re also looking at 50-basis-point increases the next two FOMC meetings. So we are going to be tightening a bit. I don’t think that is going to be tightening so much so that we’re going slow down the economy. ... but we still have to recognize that we have some real economic challenges in the United States,” Rubenstein said Thursday on CNBC’s “Squawk Box.”</p><p>Some Wall Street strategists had suggested markets could see a relief rally after the rate increase. After Powell’s comments, investors seemed at ease about the central bank’s ability to slow inflation without triggering a recession. The S&P 500 and Nasdaq Composite touched their lowest levels of the year earlier this week after a rough April for stocks, possibly making some areas of the market oversold and primed for a short-term bounce.</p><p>In economic data, weekly jobless claims came in slightly higher than expected and labor productivity dropped 7.5% in the first quarter for its fastest decline since 1947.</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 Tumbles 1,000 Points, Nasdaq Drops More Than 4% as Wall Street Sell-Off Intensifies</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 Tumbles 1,000 Points, Nasdaq Drops More Than 4% as Wall Street Sell-Off Intensifies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-05 23:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell sharply on Thursday, erasing the gains seen in the previous session after the Federal Reserve raised rates by half a point.</p><p>The Dow Jones Industrial Average lost 890 points, or 2.6%. The S&P 500 and Nasdaq Composite fell 3.1% and 4.2%, respectively.</p><p>The moves come after a major rally for stocks on Wednesday. The Dow surged 932 points, or 2.81%, and the S&P 500 gained 2.99% for their biggest gains since 2020. The Nasdaq Composite jumped 3.19%.</p><p>The Fed increased its benchmark interest rate by 50 basis points, as expected, and said it would begin reducing its balance sheet in June. However, Fed Chair Jerome Powell said during his news conference that the central bank is “not actively considering” a larger 75 basis point rate hike, which appeared to spark a rally.</p><p>Still, the Fed remains open to the prospect of taking rates above neutral to rein in inflation, Zachary Hill, head of portfolio strategy at Horizon Investments, noted.</p><p>“Despite the tightening that we have seen in financial conditions over the last few months, it is clear that the Fed would like to see them tighten further,” he said. “Higher equity valuations are incompatible with that desire, so unless supply chains heal rapidly or workers flood back into the labor force, any equity rallies are likely on borrowed time as Fed messaging becomes more hawkish once again.”</p><p>Large tech stocks were under pressure, with Facebook-parent Meta Platforms and Amazon falling 5.8% and 7.1%, respectively. Microsoft dropped 4.7%. Salesforce tumbled 6.3%.</p><p>E-commerce stocks were a key source of weakness on Thursday following some disappointing quarterly reports.</p><p>Etsy and eBay dropped 15% and 8%, respectively, after issuing weaker-than-expected revenue guidance. Shopify fell more than 17% after missing estimates on the top and bottom lines.</p><p>The Treasury market also saw a dramatic reversal of Wednesday’s rally. The 10-year Treasury yield, which moves opposite of price, surged back above 3% on Thursday morning and hit its highest level since 2018. Rising rates can put pressure on growth-oriented tech stocks, as they make far-off earnings less attractive to investors.</p><p>Carlyle Group co-founder David Rubenstein said investors need to get “back to reality” about the headwinds for markets and the economy, including the war in Russia and high inflation.</p><p>“We’re also looking at 50-basis-point increases the next two FOMC meetings. So we are going to be tightening a bit. I don’t think that is going to be tightening so much so that we’re going slow down the economy. ... but we still have to recognize that we have some real economic challenges in the United States,” Rubenstein said Thursday on CNBC’s “Squawk Box.”</p><p>Some Wall Street strategists had suggested markets could see a relief rally after the rate increase. After Powell’s comments, investors seemed at ease about the central bank’s ability to slow inflation without triggering a recession. The S&P 500 and Nasdaq Composite touched their lowest levels of the year earlier this week after a rough April for stocks, possibly making some areas of the market oversold and primed for a short-term bounce.</p><p>In economic data, weekly jobless claims came in slightly higher than expected and labor productivity dropped 7.5% in the first quarter for its fastest decline since 1947.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161742465","content_text":"Stocks fell sharply on Thursday, erasing the gains seen in the previous session after the Federal Reserve raised rates by half a point.The Dow Jones Industrial Average lost 890 points, or 2.6%. The S&P 500 and Nasdaq Composite fell 3.1% and 4.2%, respectively.The moves come after a major rally for stocks on Wednesday. The Dow surged 932 points, or 2.81%, and the S&P 500 gained 2.99% for their biggest gains since 2020. The Nasdaq Composite jumped 3.19%.The Fed increased its benchmark interest rate by 50 basis points, as expected, and said it would begin reducing its balance sheet in June. However, Fed Chair Jerome Powell said during his news conference that the central bank is “not actively considering” a larger 75 basis point rate hike, which appeared to spark a rally.Still, the Fed remains open to the prospect of taking rates above neutral to rein in inflation, Zachary Hill, head of portfolio strategy at Horizon Investments, noted.“Despite the tightening that we have seen in financial conditions over the last few months, it is clear that the Fed would like to see them tighten further,” he said. “Higher equity valuations are incompatible with that desire, so unless supply chains heal rapidly or workers flood back into the labor force, any equity rallies are likely on borrowed time as Fed messaging becomes more hawkish once again.”Large tech stocks were under pressure, with Facebook-parent Meta Platforms and Amazon falling 5.8% and 7.1%, respectively. Microsoft dropped 4.7%. Salesforce tumbled 6.3%.E-commerce stocks were a key source of weakness on Thursday following some disappointing quarterly reports.Etsy and eBay dropped 15% and 8%, respectively, after issuing weaker-than-expected revenue guidance. Shopify fell more than 17% after missing estimates on the top and bottom lines.The Treasury market also saw a dramatic reversal of Wednesday’s rally. The 10-year Treasury yield, which moves opposite of price, surged back above 3% on Thursday morning and hit its highest level since 2018. Rising rates can put pressure on growth-oriented tech stocks, as they make far-off earnings less attractive to investors.Carlyle Group co-founder David Rubenstein said investors need to get “back to reality” about the headwinds for markets and the economy, including the war in Russia and high inflation.“We’re also looking at 50-basis-point increases the next two FOMC meetings. So we are going to be tightening a bit. I don’t think that is going to be tightening so much so that we’re going slow down the economy. ... but we still have to recognize that we have some real economic challenges in the United States,” Rubenstein said Thursday on CNBC’s “Squawk Box.”Some Wall Street strategists had suggested markets could see a relief rally after the rate increase. After Powell’s comments, investors seemed at ease about the central bank’s ability to slow inflation without triggering a recession. The S&P 500 and Nasdaq Composite touched their lowest levels of the year earlier this week after a rough April for stocks, possibly making some areas of the market oversold and primed for a short-term bounce.In economic data, weekly jobless claims came in slightly higher than expected and labor productivity dropped 7.5% in the first quarter for its fastest decline since 1947.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011834727,"gmtCreate":1648853844382,"gmtModify":1676534409146,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011834727","repostId":"2224343469","repostType":4,"repost":{"id":"2224343469","pubTimestamp":1648815715,"share":"https://ttm.financial/m/news/2224343469?lang=&edition=fundamental","pubTime":"2022-04-01 20:21","market":"us","language":"en","title":"Should You Buy Tesla Now or Wait Until After the Stock Split?","url":"https://stock-news.laohu8.com/highlight/detail?id=2224343469","media":"Motley Fool","summary":"This latest announcement by the electric vehicle pioneer has investors taking a fresh look.","content":"<html><head></head><body><p><b>Tesla</b> is one of the most highly publicized and widely followed companies on Wall Street. Most investors have an opinion regarding the company and its enigmatic CEO Elon Musk, ranging from blisteringly harsh to wildly enthusiastic -- and everything in between. There's no arguing, however, that Tesla has changed the way the public at large views electric vehicles (EVs), becoming the industry leader in the process.</p><p>The company isn't known for being a wallflower, attracting attention to its achievements and frequently making headlines. So it shouldn't come as a surprise to investors that Tesla is breaking with convention and considering <i>another</i> stock split, less than two years after the company's first splitting of its shares.</p><p>Investors considering buying Tesla stock or adding to an existing position are faced with an interesting conundrum: Should they buy shares now, or wait until after the stock split?</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F672565%2Ftesla-model-s-01.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"/><span>Image source: Tesla.</span></p><h2>Buy now, or wait for the split?</h2><p>Tesla last split its shares in 2020, recently enough to provide insight into whether investors should buy the stock now or wait until after the split. A pattern has emerged in recent years that seems particularly pronounced with well-known and highly followed stocks, as noted by my friend and Motley Fool colleague Dan Caplinger:</p><ul><li>From the time of the announcement until split-adjusted trading began, the stock price tended to surge, outpacing the overall market.</li><li>Immediately following and several days after the stock split there <i>could</i> be additional stock price gains.</li><li>Shortly after the split, the stock tended to continue the trajectory it was on before the announcement of the stock split.</li></ul><p>Tesla varied somewhat from that pattern. From the time of its stock split announcement to its completion, shares surged 81%. However, during the eight days <i>following</i> the split, Tesla shares slumped more than 30%, before rebounding and beginning a relentless climb higher.</p><p>In fact, from the date of the stock split announcement in early August through the end of 2020 -- a period of about five months -- Tesla shares gained nearly 157% overall. It wasn't all wine and roses, however. Investor enthusiasm didn't insulate the stock from the occasional downturn, as shares have fallen by 25% <i>or more</i> on five separate occasions since the stock split was announced. The lesson here is that investor psychology alone isn't enough to propel a stock higher over the long term.</p><p>What's different this time is that Tesla has telegraphed to investors its intent to initiate another stock split. At this point, we don't yet know the timing of the split or what the ratio for the split will be. That information will likely be available as soon as Tesla releases a proxy statement in advance of its annual meeting, since the move to increase the share count will require shareholder approval.</p><p>That means investors still have time to get a jump on the stock in advance of the full announcement -- but should they?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e13dc6ff15526c1e6e0770e498eaee0\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>It depends</h2><p>As with so many things, the answer to this question is "it depends." If you aren't interested in being a Tesla shareholder, the mere announcement of a pending stock split shouldn't be a reason for you to invest.</p><p>If you <i>are</i> interested in becoming a Tesla shareholder, the decision is largely dictated by your personal circumstances and the limitations set by your broker. Tesla shares are currently priced at roughly $1,100 per share (as of this writing). If you have sufficient capital to lay out for one or more full shares of Tesla stock, there's no reason not to add to a position or start a new one now.</p><p>For those who don't have that much cash to invest, some brokers permit the purchase of fractional shares, buying some portion of a full share depending on how much money you have to invest. If your broker doesn't have a provision for trading fractional shares, you can simply wait until after the stock split in the hopes that the split-adjusted price is more in line with your budget.</p><h2>Reasons to be bullish</h2><p>Investors need only review Tesla's recent results for evidence that the stock is a buy. The company announced record deliveries in the fourth quarter, with 308,600 vehicles, which vastly outperformed analysts' consensus estimates of 267,000. The full-year numbers were equally impressive, with 936,172 deliveries, well ahead of expectations of 897,000.</p><p>Robust production and deliveries sparked sterling financial results, as fourth-quarter revenue of $17.7 billion surged 65% year over year. At the same time, operating expenses grew just 50%, dropping more profit to the bottom line and driving adjusted net income to $2.88 billion, up 219%. Expanding profit margins are a clear indication that Tesla has achieved scale.</p><p>Recent developments suggest this could be just the beginning. Last year, Tesla said it expects to achieve 50% annual growth in vehicle deliveries "over a multi-year horizon," a forecast it reiterated in its most recent quarter. With both the Berlin Gigafactory and the Texas Gigafactory coming online, Tesla has the production capacity to make that outlook a reality.</p><p>Given the ongoing demand for its industry-leading EVs, its increasing manufacturing capability, and its robust financial results, it doesn't really matter whether you buy Tesla stock now or wait until after the split. Just as long as you buy it.</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>Should You Buy Tesla Now or Wait Until After the Stock Split?</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\">\nShould You Buy Tesla Now or Wait Until After the Stock Split?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 20:21 GMT+8 <a href=https://www.fool.com/investing/2022/04/01/should-buy-tesla-now-wait-until-after-stock-split/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is one of the most highly publicized and widely followed companies on Wall Street. Most investors have an opinion regarding the company and its enigmatic CEO Elon Musk, ranging from blisteringly...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/01/should-buy-tesla-now-wait-until-after-stock-split/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓"},"source_url":"https://www.fool.com/investing/2022/04/01/should-buy-tesla-now-wait-until-after-stock-split/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2224343469","content_text":"Tesla is one of the most highly publicized and widely followed companies on Wall Street. Most investors have an opinion regarding the company and its enigmatic CEO Elon Musk, ranging from blisteringly harsh to wildly enthusiastic -- and everything in between. There's no arguing, however, that Tesla has changed the way the public at large views electric vehicles (EVs), becoming the industry leader in the process.The company isn't known for being a wallflower, attracting attention to its achievements and frequently making headlines. So it shouldn't come as a surprise to investors that Tesla is breaking with convention and considering another stock split, less than two years after the company's first splitting of its shares.Investors considering buying Tesla stock or adding to an existing position are faced with an interesting conundrum: Should they buy shares now, or wait until after the stock split?Image source: Tesla.Buy now, or wait for the split?Tesla last split its shares in 2020, recently enough to provide insight into whether investors should buy the stock now or wait until after the split. A pattern has emerged in recent years that seems particularly pronounced with well-known and highly followed stocks, as noted by my friend and Motley Fool colleague Dan Caplinger:From the time of the announcement until split-adjusted trading began, the stock price tended to surge, outpacing the overall market.Immediately following and several days after the stock split there could be additional stock price gains.Shortly after the split, the stock tended to continue the trajectory it was on before the announcement of the stock split.Tesla varied somewhat from that pattern. From the time of its stock split announcement to its completion, shares surged 81%. However, during the eight days following the split, Tesla shares slumped more than 30%, before rebounding and beginning a relentless climb higher.In fact, from the date of the stock split announcement in early August through the end of 2020 -- a period of about five months -- Tesla shares gained nearly 157% overall. It wasn't all wine and roses, however. Investor enthusiasm didn't insulate the stock from the occasional downturn, as shares have fallen by 25% or more on five separate occasions since the stock split was announced. The lesson here is that investor psychology alone isn't enough to propel a stock higher over the long term.What's different this time is that Tesla has telegraphed to investors its intent to initiate another stock split. At this point, we don't yet know the timing of the split or what the ratio for the split will be. That information will likely be available as soon as Tesla releases a proxy statement in advance of its annual meeting, since the move to increase the share count will require shareholder approval.That means investors still have time to get a jump on the stock in advance of the full announcement -- but should they?Image source: Getty Images.It dependsAs with so many things, the answer to this question is \"it depends.\" If you aren't interested in being a Tesla shareholder, the mere announcement of a pending stock split shouldn't be a reason for you to invest.If you are interested in becoming a Tesla shareholder, the decision is largely dictated by your personal circumstances and the limitations set by your broker. Tesla shares are currently priced at roughly $1,100 per share (as of this writing). If you have sufficient capital to lay out for one or more full shares of Tesla stock, there's no reason not to add to a position or start a new one now.For those who don't have that much cash to invest, some brokers permit the purchase of fractional shares, buying some portion of a full share depending on how much money you have to invest. If your broker doesn't have a provision for trading fractional shares, you can simply wait until after the stock split in the hopes that the split-adjusted price is more in line with your budget.Reasons to be bullishInvestors need only review Tesla's recent results for evidence that the stock is a buy. The company announced record deliveries in the fourth quarter, with 308,600 vehicles, which vastly outperformed analysts' consensus estimates of 267,000. The full-year numbers were equally impressive, with 936,172 deliveries, well ahead of expectations of 897,000.Robust production and deliveries sparked sterling financial results, as fourth-quarter revenue of $17.7 billion surged 65% year over year. At the same time, operating expenses grew just 50%, dropping more profit to the bottom line and driving adjusted net income to $2.88 billion, up 219%. Expanding profit margins are a clear indication that Tesla has achieved scale.Recent developments suggest this could be just the beginning. Last year, Tesla said it expects to achieve 50% annual growth in vehicle deliveries \"over a multi-year horizon,\" a forecast it reiterated in its most recent quarter. With both the Berlin Gigafactory and the Texas Gigafactory coming online, Tesla has the production capacity to make that outlook a reality.Given the ongoing demand for its industry-leading EVs, its increasing manufacturing capability, and its robust financial results, it doesn't really matter whether you buy Tesla stock now or wait until after the split. Just as long as you buy it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173959620,"gmtCreate":1626605141760,"gmtModify":1703762261355,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Good newsPlease like and comments","listText":"Good newsPlease like and comments","text":"Good newsPlease like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/173959620","repostId":"2152897876","repostType":4,"repost":{"id":"2152897876","pubTimestamp":1626528120,"share":"https://ttm.financial/m/news/2152897876?lang=&edition=fundamental","pubTime":"2021-07-17 21:22","market":"us","language":"en","title":"Netflix Earnings: What to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2152897876","media":"Motley Fool","summary":"The streaming video giant has some big questions to answer for investors on Tuesday.","content":"<p><b>Netflix</b> (NASDAQ:NFLX) investors are bracing for a volatile trading week ahead. The world's leading subscription-based streaming service will announce its first-quarter results after having posted wildly different growth rates in the previous two reports.</p>\n<p>Netflix's late April earnings showed much slower user growth than management had forecast, which executives blamed on temporary challenges like a light content release schedule rather than rising competition from rivals like <b>Disney</b> (NYSE:DIS).</p>\n<p>That explanation raises the bar for Netflix to issue an optimistic forecast for the second half of 2021 in its announcement on July 20. Let's take a look at the key metrics to follow in that report.</p>\n<h2>Meeting low expectations</h2>\n<p>Growth expectations are low following last quarter's surprise slowdown. Netflix is aiming to add just 1 million global subscribers after gaining 4 million last quarter. The same factors that powered that weak Q1 result will affect Q2. Those include a return to more normal TV trends as people turned to other entertainment activities in the wake of the pandemic.</p>\n<p>The big growth question is whether Netflix is feeling heat from competition like Disney's expanding streaming service. Executives said in April that these threats weren't to blame for the slow start to the year, given that engagement remained strong with existing members and growth was sluggish across many markets rather than just in the ones with new competition. Tuesday's report will mark Netflix's opportunity to show that it is still the leader in the niche.</p>\n<h2>Capital questions</h2>\n<p>The improving cash flow picture has been a big factor behind Netflix's stock price surge, and that's likely to be another highlight of this report. Ironically, the worry is that the company can't spend cash quickly enough to keep the content pipeline fully stocked. Most TV and movie production paused early last year and has only now started back up. Management is hoping to spend as much as $17 billion on content this year while marking its first year of positive cash flow.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/24e7594a3156e7defcc305d31d5ff009\" tg-width=\"720\" tg-height=\"465\" referrerpolicy=\"no-referrer\"><span>NFLX Cash from Operations (TTM) data by YCharts</span></p>\n<p>Look for a new financial metric this quarter, too: stock buyback spending. Executives started that program in Q2 after the company found plenty of room to invest in the business while paying down its debt.</p>\n<h2>The forecast for the second half</h2>\n<p>Netflix has been telling investors that the business will resume its impressive growth rate in the second half of the year, mainly thanks to the flood of new releases that will hit its servers. Tuesday's report is management's opportunity to back up those claims with hard numbers.</p>\n<p>The company will issue a new subscriber outlook that should reflect its industry leadership position and its unusually high member loyalty. Anything less might be a reason for shareholders to worry. Meanwhile, Netflix's updated profit outlook should continue forecasting at least a 20% operating margin, assuming management is right about its ability to raise prices as user engagement rises.</p>\n<p>The forecast for the fall and winter months might seem weak compared to the blockbuster growth the service enjoyed in 2019 and 2020. But with global membership rising further above 200 million, it should also reinforce the idea that Netflix is still in the early days of improving on its current base of just 10% of total TV screen time in the U.S. market.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Earnings: What to Watch</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\">\nNetflix Earnings: What to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 21:22 GMT+8 <a href=https://www.fool.com/investing/2021/07/17/netflix-earnings-what-to-watch/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix (NASDAQ:NFLX) investors are bracing for a volatile trading week ahead. The world's leading subscription-based streaming service will announce its first-quarter results after having posted ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/17/netflix-earnings-what-to-watch/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2021/07/17/netflix-earnings-what-to-watch/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152897876","content_text":"Netflix (NASDAQ:NFLX) investors are bracing for a volatile trading week ahead. The world's leading subscription-based streaming service will announce its first-quarter results after having posted wildly different growth rates in the previous two reports.\nNetflix's late April earnings showed much slower user growth than management had forecast, which executives blamed on temporary challenges like a light content release schedule rather than rising competition from rivals like Disney (NYSE:DIS).\nThat explanation raises the bar for Netflix to issue an optimistic forecast for the second half of 2021 in its announcement on July 20. Let's take a look at the key metrics to follow in that report.\nMeeting low expectations\nGrowth expectations are low following last quarter's surprise slowdown. Netflix is aiming to add just 1 million global subscribers after gaining 4 million last quarter. The same factors that powered that weak Q1 result will affect Q2. Those include a return to more normal TV trends as people turned to other entertainment activities in the wake of the pandemic.\nThe big growth question is whether Netflix is feeling heat from competition like Disney's expanding streaming service. Executives said in April that these threats weren't to blame for the slow start to the year, given that engagement remained strong with existing members and growth was sluggish across many markets rather than just in the ones with new competition. Tuesday's report will mark Netflix's opportunity to show that it is still the leader in the niche.\nCapital questions\nThe improving cash flow picture has been a big factor behind Netflix's stock price surge, and that's likely to be another highlight of this report. Ironically, the worry is that the company can't spend cash quickly enough to keep the content pipeline fully stocked. Most TV and movie production paused early last year and has only now started back up. Management is hoping to spend as much as $17 billion on content this year while marking its first year of positive cash flow.\nNFLX Cash from Operations (TTM) data by YCharts\nLook for a new financial metric this quarter, too: stock buyback spending. Executives started that program in Q2 after the company found plenty of room to invest in the business while paying down its debt.\nThe forecast for the second half\nNetflix has been telling investors that the business will resume its impressive growth rate in the second half of the year, mainly thanks to the flood of new releases that will hit its servers. Tuesday's report is management's opportunity to back up those claims with hard numbers.\nThe company will issue a new subscriber outlook that should reflect its industry leadership position and its unusually high member loyalty. Anything less might be a reason for shareholders to worry. Meanwhile, Netflix's updated profit outlook should continue forecasting at least a 20% operating margin, assuming management is right about its ability to raise prices as user engagement rises.\nThe forecast for the fall and winter months might seem weak compared to the blockbuster growth the service enjoyed in 2019 and 2020. But with global membership rising further above 200 million, it should also reinforce the idea that Netflix is still in the early days of improving on its current base of just 10% of total TV screen time in the U.S. market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162431356,"gmtCreate":1624070695575,"gmtModify":1703828163206,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"themes":[],"htmlText":"Please like and comments","listText":"Please like and comments","text":"Please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/162431356","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","pubTimestamp":1624063306,"share":"https://ttm.financial/m/news/1156696708?lang=&edition=fundamental","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.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 falls more than 500 points to close out its worst week since October</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 falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8 <a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}