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2022-08-30

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US Job Openings Unexpectedly Rise to 11.2 Million, Near a Record

2022-08-22

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Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders

2022-08-11

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2022-08-06

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Delete Snap Stock From Your Watchlist, Despite Drop to Pandemic Lows

2022-07-27

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This Floating Rate ETF Steamrolls Fed Rate Hike Fears

2022-07-25

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Stocks Rise to Kick off a Big Week of Earnings, Fed Meeting Ahead

2022-07-25

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2022-07-23

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2022-07-23

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2022-07-23

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2022-07-21

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Nvidia: Be Greedy When Others Are Fearful

2022-02-09

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2021-09-13

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Restaurant-software provider Toast aims for over $16 bln valuation in U.S. IPO

2021-09-13

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Salesforce: A Wonderful Company At A Reasonable Price

2021-09-10

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@胖虎哒哒:小調查：iPhone13祕密泄露，你想換新機嗎？

2021-08-26

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Can Tesla Shares Hit $900 Again This Year?

2021-08-25

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2021-08-05

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2021-08-05

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2021-07-27

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Think Cryptocurrency Is Too Risky? Invest in This Instead

Go to Tiger App to see more news

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22:28","market":"us","language":"en","title":"US Job Openings Unexpectedly Rise to 11.2 Million, Near a Record","url":"https://stock-news.laohu8.com/highlight/detail?id=1102986741","media":"Bloomberg","summary":"US job openings rose unexpectedly in July after a sizable upward revision to the previous month, und","content":"<html><head></head><body><p>US job openings rose unexpectedly in July after a sizable upward revision to the previous month, underscoring persistent tightness in the labor market as employers compete for a limited supply of workers.</p><p>The number of available positions edged up to 11.2 million in the month -- topping all estimates -- from a revised 11 million in June, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday.</p><p>The median estimate in a Bloomberg survey of economists was for a decline to about 10.4 million from a previously reported 10.7 million.</p><p>Still-elevated vacancies and a historically low unemployment rate underscore the strength of the US jobs market. The imbalance between labor demand and supply continues to drive robust wage growth that complicates Federal Reserve efforts to tamp down inflation.</p><p>There were about two jobs for every unemployed person in July, up from 1.9 in June. 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.</p><p>Some 4.2 million Americans quit their jobs in July, down slightly from June. The quits rate, a measure of voluntary job leavers as a share of total employment, edged down to a more than one-year low of 2.7%.</p><p>Layoffs were little changed from a month earlier and hires edged down.</p><p>A separate report this morning showed 48% of Americans said jobs were “plentiful” in August, down from the prior month and the smallest share since April 2021. The Conference Board survey also showed consumer confidence rose this month to the highest since May amid falling gasoline prices.</p><p>The JOLTS data precede Friday’s monthly jobs report, which is currently forecast to show the US added about 300,000 payrolls in August. Economists are expecting the unemployment rate to hold at 3.5% -- matching a 50-year low -- and for average hourly earnings to post another firm advance.</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 Job Openings Unexpectedly Rise to 11.2 Million, Near a 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\">\nUS Job Openings Unexpectedly Rise to 11.2 Million, Near a Record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-30 22:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-30/us-job-openings-unexpectedly-rise-to-11-2-million-near-record><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US job openings rose unexpectedly in July after a sizable upward revision to the previous month, underscoring persistent tightness in the labor market as employers compete for a limited supply of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-30/us-job-openings-unexpectedly-rise-to-11-2-million-near-record\">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"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-30/us-job-openings-unexpectedly-rise-to-11-2-million-near-record","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102986741","content_text":"US job openings rose unexpectedly in July after a sizable upward revision to the previous month, underscoring persistent tightness in the labor market as employers compete for a limited supply of workers.The number of available positions edged up to 11.2 million in the month -- topping all estimates -- from a revised 11 million in June, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday.The median estimate in a Bloomberg survey of economists was for a decline to about 10.4 million from a previously reported 10.7 million.Still-elevated vacancies and a historically low unemployment rate underscore the strength of the US jobs market. The imbalance between labor demand and supply continues to drive robust wage growth that complicates Federal Reserve efforts to tamp down inflation.There were about two jobs for every unemployed person in July, up from 1.9 in June. 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.Some 4.2 million Americans quit their jobs in July, down slightly from June. The quits rate, a measure of voluntary job leavers as a share of total employment, edged down to a more than one-year low of 2.7%.Layoffs were little changed from a month earlier and hires edged down.A separate report this morning showed 48% of Americans said jobs were “plentiful” in August, down from the prior month and the smallest share since April 2021. The Conference Board survey also showed consumer confidence rose this month to the highest since May amid falling gasoline prices.The JOLTS data precede Friday’s monthly jobs report, which is currently forecast to show the US added about 300,000 payrolls in August. Economists are expecting the unemployment rate to hold at 3.5% -- matching a 50-year low -- and for average hourly earnings to post another firm advance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996596563,"gmtCreate":1661183524554,"gmtModify":1676536469400,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9996596563","repostId":"2261515445","repostType":4,"repost":{"id":"2261515445","kind":"highlight","pubTimestamp":1661177189,"share":"https://ttm.financial/m/news/2261515445?lang=&edition=fundamental","pubTime":"2022-08-22 22:06","market":"us","language":"en","title":"Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2261515445","media":"Motley Fool","summary":"Tesla's stock split will take place after the close of trading on Aug. 24, but don't expect to wake up to riches overnight.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Tesla shareholders voted in favor of a 3-for-1 stock split at the company&#39;s annual meeting on Aug. 4.</li><li>Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.</li><li>The shares will trade at a split-adjusted price on Aug. 25.</li></ul><p><b>Tesla</b> is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company&#39;s annual meeting this month.</p><p>If you&#39;re confused about stock splits, below is a breakdown of how they work, so you can set your expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae15e6e1d3574d71df0833be714bce02\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Stock splits are taking over headlines in 2022</b></p><p>Large tech companies have been dominating stock-split news this year. <b>Amazon</b> pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant <b>Shopify</b> completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, <b>Alphabet</b>, wrapped up a 20-for-1 stock split on July 15.</p><p>Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven&#39;t been following Tesla this year, here&#39;s a look at the company&#39;s stock-split timeline.</p><ul><li><b>March 28, 2022:</b> Tesla informed the SEC about its stock-split intentions via Form 8-K.</li><li><b>June 6, 2022:</b> If you were a shareholder as of close of business on this date, you received an invitation to Tesla&#39;s annual shareholders meeting.</li><li><b>June 10, 2022:</b> Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.</li><li><b>Aug. 4, 2022:</b> Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.</li><li><b>Aug. 17, 2022:</b> Stockholders of record on this date will receive two new shares for every one share they own.</li><li><b>Aug. 24, 2022:</b> The stock split will take place after the close of trading on this date.</li><li><b>Aug. 25, 2022:</b> Tesla shares will trade at a split-adjusted price on this date.</li></ul><p>As you can see, a stock split doesn&#39;t happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.</p><p><b>What happens when a stock splits?</b></p><p>A stock split may be popular, but that doesn&#39;t mean it&#39;s profitable. A stock split in itself won&#39;t make a company&#39;s market capitalization rise or change its intrinsic value. But it does increase the number of a company&#39;s outstanding shares. You&#39;ll notice more shares of a company stock in your account, but the overall value of your shares won&#39;t change. That&#39;s why a stock split is not a taxable event in itself. It doesn&#39;t leave you with more money in your pockets.</p><p>Let&#39;s dive into Tesla&#39;s stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.</p><p>If you own five shares of Tesla, you&#39;ll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you&#39;ll have 30 shares later. If you own fractional shares, you&#39;ll still have a chance to participate in the stock split. You&#39;ll just have to do the math to see how your fractional shares will multiply after the stock split.</p><p>You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it&#39;s easier to consume.</p><p>A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.</p><p><b>Is a stock split a positive sign for a company?</b></p><p>A stock split helps make a stock with a high price tag more affordable to retail investors. But that&#39;s not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.</p><p>Although stock splits sound fancy, they are more of a cosmetic change. It doesn&#39;t determine the long-term potential of a company. Don&#39;t fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management&#39;s leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.</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>Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders</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\">\nHere's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261515445","content_text":"KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.The shares will trade at a split-adjusted price on Aug. 25.Tesla is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company's annual meeting this month.If you're confused about stock splits, below is a breakdown of how they work, so you can set your expectations.Image source: Getty Images.Stock splits are taking over headlines in 2022Large tech companies have been dominating stock-split news this year. Amazon pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant Shopify completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, Alphabet, wrapped up a 20-for-1 stock split on July 15.Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven't been following Tesla this year, here's a look at the company's stock-split timeline.March 28, 2022: Tesla informed the SEC about its stock-split intentions via Form 8-K.June 6, 2022: If you were a shareholder as of close of business on this date, you received an invitation to Tesla's annual shareholders meeting.June 10, 2022: Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.Aug. 4, 2022: Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.Aug. 17, 2022: Stockholders of record on this date will receive two new shares for every one share they own.Aug. 24, 2022: The stock split will take place after the close of trading on this date.Aug. 25, 2022: Tesla shares will trade at a split-adjusted price on this date.As you can see, a stock split doesn't happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.What happens when a stock splits?A stock split may be popular, but that doesn't mean it's profitable. A stock split in itself won't make a company's market capitalization rise or change its intrinsic value. But it does increase the number of a company's outstanding shares. You'll notice more shares of a company stock in your account, but the overall value of your shares won't change. That's why a stock split is not a taxable event in itself. It doesn't leave you with more money in your pockets.Let's dive into Tesla's stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.If you own five shares of Tesla, you'll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you'll have 30 shares later. If you own fractional shares, you'll still have a chance to participate in the stock split. You'll just have to do the math to see how your fractional shares will multiply after the stock split.You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it's easier to consume.A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.Is a stock split a positive sign for a company?A stock split helps make a stock with a high price tag more affordable to retail investors. But that's not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.Although stock splits sound fancy, they are more of a cosmetic change. It doesn't determine the long-term potential of a company. Don't fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management's leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907244175,"gmtCreate":1660204976901,"gmtModify":1703479088333,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907244175","repostId":"1103823286","repostType":2,"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905079828,"gmtCreate":1659781880466,"gmtModify":1703766519874,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905079828","repostId":"1156938348","repostType":4,"repost":{"id":"1156938348","kind":"news","pubTimestamp":1659754928,"share":"https://ttm.financial/m/news/1156938348?lang=&edition=fundamental","pubTime":"2022-08-06 11:02","market":"us","language":"en","title":"Delete Snap Stock From Your Watchlist, Despite Drop to Pandemic Lows","url":"https://stock-news.laohu8.com/highlight/detail?id=1156938348","media":"InvestorPlace","summary":"A pandemic-era high-flier,Snap(SNAP) has fallen back to price levels last seen in 2020.This may make","content":"<html><head></head><body><ul><li>A pandemic-era high-flier,<b>Snap</b>(<b>SNAP</b>) has fallen back to price levels last seen in 2020.</li><li>This may make it seem like a bargain at first glance, but its latest fiscal results signal that is not the case.</li><li>With growth deceleration likely to continue, this social media stock could continue to fall in price.</li></ul><p>It’s been a tough year for tech stocks. Especially social media stocks. Major names in the space have given a large chunk of their respective pandemic era gains. With <b>Snap</b>(NYSE:<b>SNAP</b>), the pullback has been even more severe. SNAP stock has given back all of its gains and has fallen back to price levels last seen in Spring 2020.</p><p>On the surface, it may seem like the market has overreacted. Unfortunately, this is not the case. Investors haven’t been irrational in sending the stock down 78% since January, and nearly 87% over the past two months.</p><p>Many factors are working against it at this moment. These factors will likely persist in the quarters ahead. With more disappointment ahead, the situation could get worse before it begins to get better. There’s a good chance shares could tank once again, like they’ve done several times since last October.</p><p><b>How SNAP Stock Fell Into the Market Graveyard</b></p><p>Macro headwinds have by all means played a role in Snap’s severe stock price decline. Rising interest rates, in response to high inflation, have resulted in lower valuation for tech/growth stocks (valued more heavily on future rather than present results).</p><p>Rising concern about a recession has also put pressure on tech stocks. In particular, tech stocks with advertising-based revenue models. However, the biggest factor behind the big drop in SNAP stock is the company’s own underwhelming operating performance in recent quarters.</p><p>This kicked off well before the stock market downturn began in late 2021. For instance, shares plunged back in October, following underwhelming revenue numbers and weak guidance for the preceding quarter. Tumbling further due to the late 2021/early 2022 selloffs, the stock did at one point appear primed for a rebound.</p><p>Beating estimates for the last quarter of 2021, at the time (February) it seemed as if Snap shares were finding a floor. But the selloff resumed by spring, following its Q1 2022 results, which fell short of expectations. This resumed selloff accelerated in May, as management began to prepare the market for its latest earnings release.</p><p><b>Why It Cratered Again Following the Latest Earnings Release</b></p><p>On May 24, following management’s release of a warning about its upcoming Q2 2022 earnings release, SNAP stock fell a staggering 43%. With such a big drop, many may have thought the negative impact of poor results was already priced-in ahead of the actual release of results on July 21.</p><p>Of course, this clearly wasn’t the case. Instead, Snap shares took another similarly-high dive, falling 39.1%, and back to pandemic lows, right after results hit the street. As mentioned, this “full trip” back may seem like a case of the market overdoing it a bit. Taking a closer look at the latest numbers, however, this big drop made sense.</p><p>While Daily Active User (or DAU) growth held steady on a sequential (quarter-over-quarter) basis, revenue growth fell considerably. In Q1 2022, the company reported a year-over-year (YoY) revenue growth of38%. This quarter, revenues were up only18%YoY.</p><p>Worse yet, the company chose not to provide Q3 guidance. Instead, CEO Evan Spiegel vaguely outlined plans to get Snap back into high-growth mode. Spiegel and his team may be earnestly trying to get things back on track, but the issues causing its current growth slump will be tough to overcome.</p><p><b>The Takeaway With SNAP Stock</b></p><p>As Morgan Stanley analyst Brian Nowak noted in his post-earnings downgrade of the stock, two issues that played a role in its poor numbers for Q2 will continue to affect it in the quarters ahead.</p><p>The first is a weakening economy. Snap may have thought it could reduce the impact of <b>Apple’s</b>(NASDAQ:<b><u>AAPL</u></b>) iOS privacy changes with a pivot to branded ads on its platform, yet an economic slowdown could derail this strategy change.</p><p>The second, rising competition. Rival platform <b>TikTok</b> could grab an increasingly larger chunk of the ad dollars that would’ve otherwise made their way into Snap’s coffers.</p><p>As revenue growth continues to slow, fully moving out of the red remains murky as well. More disappointment, and lower prices for SNAP stock, likely lie ahead. A falling knife with a ways to go before bottoming out, it’s best to avoid.</p><p>SNAP stock earns an “F” rating in my <i>Portfolio Grader</i>.</p></body></html>","source":"lsy1606302653667","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>Delete Snap Stock From Your Watchlist, Despite Drop to Pandemic 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\">\nDelete Snap Stock From Your Watchlist, Despite Drop to Pandemic Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-06 11:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/08/snap-stock-delete-from-watchlist-despite-drop-to-pandemic-lows/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A pandemic-era high-flier,Snap(SNAP) has fallen back to price levels last seen in 2020.This may make it seem like a bargain at first glance, but its latest fiscal results signal that is not the case....</p>\n\n<a href=\"https://investorplace.com/2022/08/snap-stock-delete-from-watchlist-despite-drop-to-pandemic-lows/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc"},"source_url":"https://investorplace.com/2022/08/snap-stock-delete-from-watchlist-despite-drop-to-pandemic-lows/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156938348","content_text":"A pandemic-era high-flier,Snap(SNAP) has fallen back to price levels last seen in 2020.This may make it seem like a bargain at first glance, but its latest fiscal results signal that is not the case.With growth deceleration likely to continue, this social media stock could continue to fall in price.It’s been a tough year for tech stocks. Especially social media stocks. Major names in the space have given a large chunk of their respective pandemic era gains. With Snap(NYSE:SNAP), the pullback has been even more severe. SNAP stock has given back all of its gains and has fallen back to price levels last seen in Spring 2020.On the surface, it may seem like the market has overreacted. Unfortunately, this is not the case. Investors haven’t been irrational in sending the stock down 78% since January, and nearly 87% over the past two months.Many factors are working against it at this moment. These factors will likely persist in the quarters ahead. With more disappointment ahead, the situation could get worse before it begins to get better. There’s a good chance shares could tank once again, like they’ve done several times since last October.How SNAP Stock Fell Into the Market GraveyardMacro headwinds have by all means played a role in Snap’s severe stock price decline. Rising interest rates, in response to high inflation, have resulted in lower valuation for tech/growth stocks (valued more heavily on future rather than present results).Rising concern about a recession has also put pressure on tech stocks. In particular, tech stocks with advertising-based revenue models. However, the biggest factor behind the big drop in SNAP stock is the company’s own underwhelming operating performance in recent quarters.This kicked off well before the stock market downturn began in late 2021. For instance, shares plunged back in October, following underwhelming revenue numbers and weak guidance for the preceding quarter. Tumbling further due to the late 2021/early 2022 selloffs, the stock did at one point appear primed for a rebound.Beating estimates for the last quarter of 2021, at the time (February) it seemed as if Snap shares were finding a floor. But the selloff resumed by spring, following its Q1 2022 results, which fell short of expectations. This resumed selloff accelerated in May, as management began to prepare the market for its latest earnings release.Why It Cratered Again Following the Latest Earnings ReleaseOn May 24, following management’s release of a warning about its upcoming Q2 2022 earnings release, SNAP stock fell a staggering 43%. With such a big drop, many may have thought the negative impact of poor results was already priced-in ahead of the actual release of results on July 21.Of course, this clearly wasn’t the case. Instead, Snap shares took another similarly-high dive, falling 39.1%, and back to pandemic lows, right after results hit the street. As mentioned, this “full trip” back may seem like a case of the market overdoing it a bit. Taking a closer look at the latest numbers, however, this big drop made sense.While Daily Active User (or DAU) growth held steady on a sequential (quarter-over-quarter) basis, revenue growth fell considerably. In Q1 2022, the company reported a year-over-year (YoY) revenue growth of38%. This quarter, revenues were up only18%YoY.Worse yet, the company chose not to provide Q3 guidance. Instead, CEO Evan Spiegel vaguely outlined plans to get Snap back into high-growth mode. Spiegel and his team may be earnestly trying to get things back on track, but the issues causing its current growth slump will be tough to overcome.The Takeaway With SNAP StockAs Morgan Stanley analyst Brian Nowak noted in his post-earnings downgrade of the stock, two issues that played a role in its poor numbers for Q2 will continue to affect it in the quarters ahead.The first is a weakening economy. Snap may have thought it could reduce the impact of Apple’s(NASDAQ:AAPL) iOS privacy changes with a pivot to branded ads on its platform, yet an economic slowdown could derail this strategy change.The second, rising competition. Rival platform TikTok could grab an increasingly larger chunk of the ad dollars that would’ve otherwise made their way into Snap’s coffers.As revenue growth continues to slow, fully moving out of the red remains murky as well. More disappointment, and lower prices for SNAP stock, likely lie ahead. A falling knife with a ways to go before bottoming out, it’s best to avoid.SNAP stock earns an “F” rating in my Portfolio Grader.","news_type":1},"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903003985,"gmtCreate":1658935002347,"gmtModify":1676536231111,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903003985","repostId":"1100534013","repostType":4,"repost":{"id":"1100534013","kind":"news","pubTimestamp":1658927243,"share":"https://ttm.financial/m/news/1100534013?lang=&edition=fundamental","pubTime":"2022-07-27 21:07","market":"us","language":"en","title":"This Floating Rate ETF Steamrolls Fed Rate Hike Fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1100534013","media":"VettaFi","summary":"Fixed income funds have seen a resurgence in recent months as advisors and investors look to pivot t","content":"<html><head></head><body><p>Fixed income funds have seen a resurgence in recent months as advisors and investors look to pivot their portfolios in a time of rising interest rates by the Federal Reserve. With the next interest rate hike set to be announced tomorrow and anticipated to be 0.75%, all eyes are on the central bank to set the tone for the second half of 2022.</p><p>Concern about a potential 100 basis point rate hike has been floated since the release of June’s CPI, a surprising 9.1% on expectations of 8.7%, driven high by energy, food, and housing costs but with all individual measurements reflecting inflation. On the opposite end is a resilient job market that added 372,000 jobs in June, while in between are signs of a slowing economy.</p><p>For now, the focus remains on inflation with the central bank committed to its fight to bring inflation under control, even at the cost of economic recession. Although, the Fed still hopes to be able to navigate a soft landing. There are concerns, however, that several inflationary pressures remain outside the purview of the Fed, such as energy and food prices driven ever higher by the ongoing Russian war in Ukraine, as well as continued COVID-19 impacts on the global supply chain.</p><p>“Until there’s very clear evidence of the labor market beginning to meaningfully deteriorate, the No. 1 focus for the Fed must be inflation,” Matthew Luzzetti, chief U.S. economist at Deutsche Bank, toldPBS News.</p><p>USFR Takes the Guesswork Out of Rate Hikes</p><p>One fund that is riding high within fixed income this year is the <b>WisdomTree Floating Rate Treasury Fund (USFR)</b>, an ETF that can make hedging portfolios for interest rate increases much easier for advisors and investors. Year-to-date USFR has net flows of $4.18 billion.</p><p><img src=\"https://static.tigerbbs.com/39d2db158d163c3be61faf56faaa8749\" tg-width=\"2000\" tg-height=\"1253\" referrerpolicy=\"no-referrer\"/></p><p>The fund capitalizes on the use of floating-rate notes by the U.S. Treasury and can be an excellent option for investors looking to limit their amount of credit risk but still capture higher yield potentials in rising rate environments.</p><p>WisdomTree believes that floating rate debt is an important bridge between long-maturity, fixed-rate Treasury Bonds, and short-maturity Treasury bills. By investing in floating rate Treasuries, holders are paid out quarterly and the amount paid is based on a rate that resets daily in reference to a weekly rate. It can be a good option if Treasury bill yields are rising because it provides the opportunity for greater compensation over a fixed rate bond.</p><p>Another benefit to a floating rate is that price volatility can be somewhat lessened by the weekly resets when compared to fixed income bonds. Treasury floating rate notes are a good option when the yield curve is flat or inverted.</p><p>USFR seeks to track the Bloomberg U.S. Treasury Floating Rate Bond Index, which measures the performance of floating-rate notes of the U.S. Treasury and contains floating rate notes with two-year maturities and a minimum outstanding amount of $1 billion. The index uses a rules-based strategy and is weighted by market cap. The index excludes fixed-rate securities, Treasury inflation-protected securities, convertible bonds, and bonds with survivor put options.</p><p>USFR carries an expense ratio of 0.15%.</p></body></html>","source":"lsy1657246608114","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 Floating Rate ETF Steamrolls Fed Rate Hike Fears</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 Floating Rate ETF Steamrolls Fed Rate Hike Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-27 21:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.etftrends.com/model-portfolio-channel/this-floating-rate-etf-steamrolls-fed-rate-hike-fears/><strong>VettaFi</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fixed income funds have seen a resurgence in recent months as advisors and investors look to pivot their portfolios in a time of rising interest rates by the Federal Reserve. With the next interest ...</p>\n\n<a href=\"https://www.etftrends.com/model-portfolio-channel/this-floating-rate-etf-steamrolls-fed-rate-hike-fears/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USFR":"WisdomTree Bloomberg Floating Rate Treasury Fund"},"source_url":"https://www.etftrends.com/model-portfolio-channel/this-floating-rate-etf-steamrolls-fed-rate-hike-fears/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100534013","content_text":"Fixed income funds have seen a resurgence in recent months as advisors and investors look to pivot their portfolios in a time of rising interest rates by the Federal Reserve. With the next interest rate hike set to be announced tomorrow and anticipated to be 0.75%, all eyes are on the central bank to set the tone for the second half of 2022.Concern about a potential 100 basis point rate hike has been floated since the release of June’s CPI, a surprising 9.1% on expectations of 8.7%, driven high by energy, food, and housing costs but with all individual measurements reflecting inflation. On the opposite end is a resilient job market that added 372,000 jobs in June, while in between are signs of a slowing economy.For now, the focus remains on inflation with the central bank committed to its fight to bring inflation under control, even at the cost of economic recession. Although, the Fed still hopes to be able to navigate a soft landing. There are concerns, however, that several inflationary pressures remain outside the purview of the Fed, such as energy and food prices driven ever higher by the ongoing Russian war in Ukraine, as well as continued COVID-19 impacts on the global supply chain.“Until there’s very clear evidence of the labor market beginning to meaningfully deteriorate, the No. 1 focus for the Fed must be inflation,” Matthew Luzzetti, chief U.S. economist at Deutsche Bank, toldPBS News.USFR Takes the Guesswork Out of Rate HikesOne fund that is riding high within fixed income this year is the WisdomTree Floating Rate Treasury Fund (USFR), an ETF that can make hedging portfolios for interest rate increases much easier for advisors and investors. Year-to-date USFR has net flows of $4.18 billion.The fund capitalizes on the use of floating-rate notes by the U.S. Treasury and can be an excellent option for investors looking to limit their amount of credit risk but still capture higher yield potentials in rising rate environments.WisdomTree believes that floating rate debt is an important bridge between long-maturity, fixed-rate Treasury Bonds, and short-maturity Treasury bills. By investing in floating rate Treasuries, holders are paid out quarterly and the amount paid is based on a rate that resets daily in reference to a weekly rate. It can be a good option if Treasury bill yields are rising because it provides the opportunity for greater compensation over a fixed rate bond.Another benefit to a floating rate is that price volatility can be somewhat lessened by the weekly resets when compared to fixed income bonds. Treasury floating rate notes are a good option when the yield curve is flat or inverted.USFR seeks to track the Bloomberg U.S. Treasury Floating Rate Bond Index, which measures the performance of floating-rate notes of the U.S. Treasury and contains floating rate notes with two-year maturities and a minimum outstanding amount of $1 billion. The index uses a rules-based strategy and is weighted by market cap. The index excludes fixed-rate securities, Treasury inflation-protected securities, convertible bonds, and bonds with survivor put options.USFR carries an expense ratio of 0.15%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900731720,"gmtCreate":1658763401260,"gmtModify":1676536203715,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900731720","repostId":"1120144114","repostType":4,"repost":{"id":"1120144114","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1658755972,"share":"https://ttm.financial/m/news/1120144114?lang=&edition=fundamental","pubTime":"2022-07-25 21:32","market":"us","language":"en","title":"Stocks Rise to Kick off a Big Week of Earnings, Fed Meeting Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=1120144114","media":"Tiger Newspress","summary":"U.S. equities rose on Monday, coming off a positive week for the major averages, as traders braced f","content":"<html><head></head><body><p>U.S. equities rose on Monday, coming off a positive week for the major averages, as traders braced for the busiest week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve.</p><p>The Dow Jones Industrial Average rose 101 points, or 0.3%. The S&amp;P 500 gained 0.2% and the Nasdaq Composite added 0.1%. All three of the major stock indexes are having their best month of the year.</p><p>Monday kicks off the final week of trading for the month of July, and perhaps themost important week of the summer, with the Fed meeting, GDP data and earnings from almost a third of the S&amp;P 500, including five mega cap tech companies, on deck. Investors are still worried about the potential of an economic recession and are hoping this week’s news storm will help direct their expectations.</p><p>“Investors likely believe Thursday’s GDP report will show a second quarter of decline, which is the unofficial signal of recession,” Sam Stovall, chief investment strategist at CFRA Research, told CNBC Monday. “While the Fed will probably announce a 75-basis-point rate hike on Wednesday, they will offer a more moderate tone towards further rate increases. We see this counter-trend rally continuing in the near term.”</p><p>On Friday, the major averages fell on the back of weaker-than-expected earnings from Snap that sent tech shares tumbling. Still, all three benchmarks closed the week higher, with the Dow up 2%. The S&amp;P 500 advanced about 2.6%, and the Nasdaq capped the week up 3.3%.</p><p>It was the second positive week in the last three for the major averages. The S&amp;P 500 has been attempting a comeback after falling into a bear market earlier this year. The index is currently up more than 8% from its 2022 and trading near the highest levels since early June.</p><p>Investors shifted into risk assets last week after absorbing some strong corporate results that had Wall Street deliberating whether the bear market has found a bottom.</p><p>“Equities have managed to stage a rally MTD, and climb a wall of worry. The bounce has been led by cyclical and Growth stocks, helped by longer end yields stabilizing, which in turn eases the pressure on P/E’s,” Barclays’ Emmanuel Cau wrote in a Friday note.</p><p>“This confirms to us that the market’s focus has switched from inflation worries to growth worries, with a sense that bad news is becoming good news again,” Cau added.</p><p>As of Friday, about 21% of companies in the S&amp;P 500 reported earnings. Of those, nearly 70% beat analysts’ expectations, according to FactSet.</p><p>Investors will face a stacked week of earnings ahead that will include reports from major tech giants Alphabet, Amazon, Apple and Microsoft.</p><p>The Federal Reserve on Wednesday will also conclude its two-day policy meeting. Economists are widely expecting a three-quarter point hike.</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>Stocks Rise to Kick off a Big Week of Earnings, Fed Meeting Ahead</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\">\nStocks Rise to Kick off a Big Week of Earnings, Fed Meeting Ahead\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\">2022-07-25 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. equities rose on Monday, coming off a positive week for the major averages, as traders braced for the busiest week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve.</p><p>The Dow Jones Industrial Average rose 101 points, or 0.3%. The S&amp;P 500 gained 0.2% and the Nasdaq Composite added 0.1%. All three of the major stock indexes are having their best month of the year.</p><p>Monday kicks off the final week of trading for the month of July, and perhaps themost important week of the summer, with the Fed meeting, GDP data and earnings from almost a third of the S&amp;P 500, including five mega cap tech companies, on deck. Investors are still worried about the potential of an economic recession and are hoping this week’s news storm will help direct their expectations.</p><p>“Investors likely believe Thursday’s GDP report will show a second quarter of decline, which is the unofficial signal of recession,” Sam Stovall, chief investment strategist at CFRA Research, told CNBC Monday. “While the Fed will probably announce a 75-basis-point rate hike on Wednesday, they will offer a more moderate tone towards further rate increases. We see this counter-trend rally continuing in the near term.”</p><p>On Friday, the major averages fell on the back of weaker-than-expected earnings from Snap that sent tech shares tumbling. Still, all three benchmarks closed the week higher, with the Dow up 2%. The S&amp;P 500 advanced about 2.6%, and the Nasdaq capped the week up 3.3%.</p><p>It was the second positive week in the last three for the major averages. The S&amp;P 500 has been attempting a comeback after falling into a bear market earlier this year. The index is currently up more than 8% from its 2022 and trading near the highest levels since early June.</p><p>Investors shifted into risk assets last week after absorbing some strong corporate results that had Wall Street deliberating whether the bear market has found a bottom.</p><p>“Equities have managed to stage a rally MTD, and climb a wall of worry. The bounce has been led by cyclical and Growth stocks, helped by longer end yields stabilizing, which in turn eases the pressure on P/E’s,” Barclays’ Emmanuel Cau wrote in a Friday note.</p><p>“This confirms to us that the market’s focus has switched from inflation worries to growth worries, with a sense that bad news is becoming good news again,” Cau added.</p><p>As of Friday, about 21% of companies in the S&amp;P 500 reported earnings. Of those, nearly 70% beat analysts’ expectations, according to FactSet.</p><p>Investors will face a stacked week of earnings ahead that will include reports from major tech giants Alphabet, Amazon, Apple and Microsoft.</p><p>The Federal Reserve on Wednesday will also conclude its two-day policy meeting. Economists are widely expecting a three-quarter point hike.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120144114","content_text":"U.S. equities rose on Monday, coming off a positive week for the major averages, as traders braced for the busiest week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve.The Dow Jones Industrial Average rose 101 points, or 0.3%. The S&P 500 gained 0.2% and the Nasdaq Composite added 0.1%. All three of the major stock indexes are having their best month of the year.Monday kicks off the final week of trading for the month of July, and perhaps themost important week of the summer, with the Fed meeting, GDP data and earnings from almost a third of the S&P 500, including five mega cap tech companies, on deck. Investors are still worried about the potential of an economic recession and are hoping this week’s news storm will help direct their expectations.“Investors likely believe Thursday’s GDP report will show a second quarter of decline, which is the unofficial signal of recession,” Sam Stovall, chief investment strategist at CFRA Research, told CNBC Monday. “While the Fed will probably announce a 75-basis-point rate hike on Wednesday, they will offer a more moderate tone towards further rate increases. We see this counter-trend rally continuing in the near term.”On Friday, the major averages fell on the back of weaker-than-expected earnings from Snap that sent tech shares tumbling. Still, all three benchmarks closed the week higher, with the Dow up 2%. The S&P 500 advanced about 2.6%, and the Nasdaq capped the week up 3.3%.It was the second positive week in the last three for the major averages. The S&P 500 has been attempting a comeback after falling into a bear market earlier this year. The index is currently up more than 8% from its 2022 and trading near the highest levels since early June.Investors shifted into risk assets last week after absorbing some strong corporate results that had Wall Street deliberating whether the bear market has found a bottom.“Equities have managed to stage a rally MTD, and climb a wall of worry. The bounce has been led by cyclical and Growth stocks, helped by longer end yields stabilizing, which in turn eases the pressure on P/E’s,” Barclays’ Emmanuel Cau wrote in a Friday note.“This confirms to us that the market’s focus has switched from inflation worries to growth worries, with a sense that bad news is becoming good news again,” Cau added.As of Friday, about 21% of companies in the S&P 500 reported earnings. Of those, nearly 70% beat analysts’ expectations, according to FactSet.Investors will face a stacked week of earnings ahead that will include reports from major tech giants Alphabet, Amazon, Apple and Microsoft.The Federal Reserve on Wednesday will also conclude its two-day policy meeting. Economists are widely expecting a three-quarter point hike.","news_type":1},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900731458,"gmtCreate":1658763391674,"gmtModify":1676536203692,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9900731458","repostId":"1120144114","repostType":4,"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077664732,"gmtCreate":1658509546626,"gmtModify":1676536169761,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077664732","repostId":"2253058116","repostType":4,"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077664446,"gmtCreate":1658509538585,"gmtModify":1676536169761,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077664446","repostId":"2253058116","repostType":4,"isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077664653,"gmtCreate":1658509495072,"gmtModify":1676536169753,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077664653","repostId":"1129943769","repostType":4,"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074666536,"gmtCreate":1658359520425,"gmtModify":1676536144915,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074666536","repostId":"1110784633","repostType":4,"repost":{"id":"1110784633","kind":"news","pubTimestamp":1658330115,"share":"https://ttm.financial/m/news/1110784633?lang=&edition=fundamental","pubTime":"2022-07-20 23:15","market":"us","language":"en","title":"Nvidia: Be Greedy When Others Are Fearful","url":"https://stock-news.laohu8.com/highlight/detail?id=1110784633","media":"seekingalpha","summary":"SummaryNVIDIA has crashed in recent months. Investors panic about rising rates and a potential reces","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>NVIDIA has crashed in recent months. Investors panic about rising rates and a potential recession.</li><li>NVIDIA&#39;s long-term growth outlook is compelling, however. Its buybacks will also be even more impactful following the share price drop.</li><li>Even under conservative assumptions, the current share price crash makes for a solid entry point for long-term-oriented investors.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6517c41157501f110716abd605cebeeb\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>martin-dm</span></p><p><b>Article Thesis</b></p><p>NVIDIA Corporation (NASDAQ:NVDA) has seen its shares pull back massively in recent months. Shares are now trading at a discount compared to where they traded historically, for the first time in many years. Fear about its future has grippedthe market, but NVIDIA&#39;s long-term outlook is compelling since the long-term growth drivers remain in place. NVIDIA faces some short-term headwinds such as the crypto winter but should be a profitable investment at the current valuation for those that have a multi-year investment horizon.</p><p><b>NVIDIA&#39;s Long-Term Growth Will Likely Continue</b></p><p>NVIDIA has experienced massive business growth in the last couple of years, and that should be the case in the future, too. Growth will likely slow down on a relative basis, but that is to be expected from every company, as the law of large numbers dictates that maintaining extraordinary relative growth rates becomes impossible at some point. But revenue growth of 30%, 50%, or even more per year is not needed for NVIDIA to be a good long-term investment. In fact, I do believe that even a 10% or 15% annual revenue growth rate could lead to compelling total returns for NVIDIA&#39;s shareholders when they hold for a long-enough time frame.</p><p>Where will that growth come from? NVIDIA benefits from several macro trends that continue to grow its addressable market. The first one is data centers. Here, NVIDIA competes with AMD (AMD) and Intel (INTC) primarily. According to GMI Research, the global data center market will grow by12%a year through 2028, which allows for solid baseline growth in a scenario where NVIDIA does not take any market share from its competitors. That&#39;s not my assumption, however. Instead, I do believe that NVIDIA will continue to grow its data center business at an above-market growth rate thanks to its attractive offerings in this space. NVIDIA&#39;s HGX-1 hyperscale GPU accelerator, powered by eight NVIDIA Tesla GPUs, is the world&#39;s fastest product in its class. Its industry-leading performance makes it attractive for hyperscale data centers that can rely on its computing power, while cost advantages also make it attractive for buyers:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf736a70ce0a53051ca6ec29feb9ada\" tg-width=\"632\" tg-height=\"149\" referrerpolicy=\"no-referrer\"/><span>NVIDIA website</span></p><p>HGX-1&#39;s performance especially shines in deep learning and other AI-related tasks, where it outperforms traditional CPUs <i>by up to 10,000%</i>. With inflation hurting the margins of many companies, and with a potential recession eating into their growth outlook, many companies have become more focused on bringing down expenses and becoming more efficient (such as Meta Platforms (META) and Alphabet (GOOG)). With these major cloud computing players focusing more on efficiency and profitability, NVIDIA&#39;s massive cost advantages in machine learning and other AI-related tasks should be a huge selling point for its HGX-1 and similar products. In a recession, when cost controls are highly important, the most cost-efficient product should be especially attractive, which should help NVIDIA grow its market share.</p><p>NVIDIA&#39;s management also is positive when it comes to the company&#39;s growth outlook in the data center space. In the most recent earnings call, NVIDIA&#39;s EVP and CFO Colette Kress stated that &#34;Data Center has become [NVIDIA&#39;s] largest market platform, and we see <i>continued strong momentum</i> going forward&#34; [emphasis by author].</p><p>During the most recent quarter, data center revenue totaled $3.8 billion, or around $15 billion annualized. That was up 15% on a sequential basis, and up more than 80% year over year. Growth will not always be this high, of course, but with NVIDIA&#39;s strong product lineup and the strong momentum its CFO has hinted at, investors can probably expect that the data center business will remain a major growth driver going forward.</p><p>Data centers are not the only attractive market for NVIDIA. The company is also well-positioned to benefit from a massive increase in high-end chip demand from the automobile industry. Automobiles have been using chips for many years, but the number of chips per vehicle and the power (and cost) of those chips are not static. While traditional cars didn&#39;t use a lot of chips in the past, and while those chips generally weren&#39;t very capable and thus pretty cheap, things are changing due to two megatrends.</p><p>First, electric vehicles use more chips than ICE-powered vehicles, due to additional tasks such as battery management. Even more importantly, the young but accelerating trend of autonomous vehicles increases the number of chips per car and requires much more powerful chips. More powerful chips naturally cost more and do thereby create a way larger revenue opportunity for suppliers to the automobile industry. Autonomous vehicles, or semi-autonomous vehicles, need to gather gigantic amounts of data via cameras, LiDAR, and so on. That data has to be processed very quickly, as (semi-) autonomous vehicles need to make decisions in split seconds.</p><p>NVIDIA is one of the suppliers of high-powered chips that can do this task, via its lineup of autonomous-focused products. The DRIVE Orin SoC is one such product that has gone into production earlier this year. The SoC has gotten a lot of attention from potential customers, and more than 35 customer wins have been announced to date. This includes major wins such as from Buffett-backed BYD (OTCPK:BYDDY), which is China&#39;s biggest EV player and a major competitor to Tesla (TSLA). Lucid (LCID), which isn&#39;t very large yet but has received a lot of praise for its exceptional tech, has also agreed to use DRIVE Orin in its vehicles. CFO Colette Kress explains that NVIDIA&#39;s &#34;automotive design win pipeline now exceeds $11 billion over the next six years, up from $8 billion just a year ago&#34; (see link above). Year-over-year growth of close to 40% is great, and over time, that business should become way more impactful for NVIDIA&#39;s top and bottom line. So far, one can argue that revenue contribution isn&#39;t very large - $11 billion over six years is around $2 billion a year. But if growth remains sky-high, the autonomous business will likely become highly important in a couple of years. Due to the massive market growth for autonomous driving chips and due to NVIDIA ramping up its product line in this space and seemingly adding new customers every week, I do believe that there is a high likelihood of growth in this space to remain very strong for years to come.</p><p>Analysts believe that NVIDIA&#39;s revenue growth could look like this in the coming years:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/153c5bbed3d3f2ab39650f5ccde57b85\" tg-width=\"640\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>25% growth this year would still be very strong, while growth in the following years will slow down to a 10%-15% range - if Wall Street is correct. The forecast for 2026 (ending January 2027) sees an acceleration towards the mid-20s again, but there are fewer analysts with estimates for that year, so this estimate likely is more uncertain compared to the next couple of years.</p><p>Even revenue growth of 15% or so would be sufficient to generate compelling longer-term returns, however. NVIDIA should, like most other companies, benefit from some margin expansion when it continues to grow its revenue. Operating leverage dictates that operating expenses, such as those for administration, should decline as a percentage of revenue and gross profit as a company grows over time. Net profit can thus be expected to grow somewhat faster than NVIDIA&#39;s revenues. On top of that, since NVIDIA has a clean balance sheet and a low dividend payout ratio, the company has ample surplus cash that can be used for other purposes, such as buybacks. NVIDIA has a $15 billion buyback program in place, which is enough to repurchase 4% of the company at current prices. Over time, these buybacks will add meaningfully to NVIDIA&#39;s earnings per share growth and its total return potential.</p><p><b>A Look At NVIDIA&#39;s Valuation And Risks</b></p><p>NVIDIA traded for as much as $350 over the last year, which was not justified. But since then, shares dropped by more than half. Today, NVIDIA trades well below the historic valuation norm:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b6a2084206ce7c222e2a70653bb2901\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p>At 29x net profit, NVIDIA is valued at 25% less than the 10-year median earnings multiple. The discounts to the 5-year and 3-year earnings multiples are even larger, at around 50% and 60%, respectively. The market has cooled on NVIDIA, and it&#39;s likely that greed is no longer the driving force for NVIDIA&#39;s share price. Instead, some investors seem to be fearful, which is why NVIDIA has seen its share price drop so much in the last couple of months.</p><p>Panic selling by some investors can provide attractive entry points for other investors, and I do believe that such a buying opportunity is emerging. With NVIDIA trading for 29x forward earnings, while still growing at a compelling rate, the total return outlook is pretty solid. If NVIDIA hits the $5.40 EPS estimate this year and grows its earnings per share by 17% a year over the following three years, before EPS growth slows down to 14% for 2026-2030, then EPS could total $16.70 in 2030. Put a 20x earnings multiple on that and you get a share price of $340 - which equates to an upside potential of more than 100% over the next eight years, even under rather conservative assumptions. EPS growth could be higher, especially when we factor in buybacks, and the valuation in 2030 could also be higher. I do thus believe that the current sell-off in NVIDIA provides a nice entry point for long-term investors.</p><p>Risks shouldn&#39;t be neglected, however. The current crypto winter is a potential near-term headwind, as it may result in lower GPU sales in the coming quarters. In the long run, that should be more than balanced out by data center and autonomous growth, however.</p><p>NVIDIA&#39;s reliance on foundries is another risk. Especially the exposure to Taiwan Semiconductor Manufacturing Company (TSM).</p><p><b>Takeaway</b></p><p>NVIDIA&#39;s shares have crashed, dropping by more than 50% from the 52-week high. This panic selling has made NVIDIA&#39;s valuation drop to a below-average level, as shares are now trading at a clear discount compared to how the company was valued in the past. At the same time, its growth outlook is still very compelling and its buybacks will be more effective with shares trading at a lower valuation.</p><p>For long-term-oriented investors, the selloff, which was driven by panic around rising rates, a potential recession, etc., makes for a nice entry point. Shares should be able to double through 2030, and returns could be significantly higher as that estimate already accounts for further multiple compression.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Be Greedy When Others Are Fearful</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: Be Greedy When Others Are Fearful\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4524190-nvidia-be-greedy-when-others-are-fearful?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNVIDIA has crashed in recent months. Investors panic about rising rates and a potential recession.NVIDIA's long-term growth outlook is compelling, however. Its buybacks will also be even more ...</p>\n\n<a href=\"https://seekingalpha.com/article/4524190-nvidia-be-greedy-when-others-are-fearful?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4524190-nvidia-be-greedy-when-others-are-fearful?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110784633","content_text":"SummaryNVIDIA has crashed in recent months. Investors panic about rising rates and a potential recession.NVIDIA's long-term growth outlook is compelling, however. Its buybacks will also be even more impactful following the share price drop.Even under conservative assumptions, the current share price crash makes for a solid entry point for long-term-oriented investors.martin-dmArticle ThesisNVIDIA Corporation (NASDAQ:NVDA) has seen its shares pull back massively in recent months. Shares are now trading at a discount compared to where they traded historically, for the first time in many years. Fear about its future has grippedthe market, but NVIDIA's long-term outlook is compelling since the long-term growth drivers remain in place. NVIDIA faces some short-term headwinds such as the crypto winter but should be a profitable investment at the current valuation for those that have a multi-year investment horizon.NVIDIA's Long-Term Growth Will Likely ContinueNVIDIA has experienced massive business growth in the last couple of years, and that should be the case in the future, too. Growth will likely slow down on a relative basis, but that is to be expected from every company, as the law of large numbers dictates that maintaining extraordinary relative growth rates becomes impossible at some point. But revenue growth of 30%, 50%, or even more per year is not needed for NVIDIA to be a good long-term investment. In fact, I do believe that even a 10% or 15% annual revenue growth rate could lead to compelling total returns for NVIDIA's shareholders when they hold for a long-enough time frame.Where will that growth come from? NVIDIA benefits from several macro trends that continue to grow its addressable market. The first one is data centers. Here, NVIDIA competes with AMD (AMD) and Intel (INTC) primarily. According to GMI Research, the global data center market will grow by12%a year through 2028, which allows for solid baseline growth in a scenario where NVIDIA does not take any market share from its competitors. That's not my assumption, however. Instead, I do believe that NVIDIA will continue to grow its data center business at an above-market growth rate thanks to its attractive offerings in this space. NVIDIA's HGX-1 hyperscale GPU accelerator, powered by eight NVIDIA Tesla GPUs, is the world's fastest product in its class. Its industry-leading performance makes it attractive for hyperscale data centers that can rely on its computing power, while cost advantages also make it attractive for buyers:NVIDIA websiteHGX-1's performance especially shines in deep learning and other AI-related tasks, where it outperforms traditional CPUs by up to 10,000%. With inflation hurting the margins of many companies, and with a potential recession eating into their growth outlook, many companies have become more focused on bringing down expenses and becoming more efficient (such as Meta Platforms (META) and Alphabet (GOOG)). With these major cloud computing players focusing more on efficiency and profitability, NVIDIA's massive cost advantages in machine learning and other AI-related tasks should be a huge selling point for its HGX-1 and similar products. In a recession, when cost controls are highly important, the most cost-efficient product should be especially attractive, which should help NVIDIA grow its market share.NVIDIA's management also is positive when it comes to the company's growth outlook in the data center space. In the most recent earnings call, NVIDIA's EVP and CFO Colette Kress stated that \"Data Center has become [NVIDIA's] largest market platform, and we see continued strong momentum going forward\" [emphasis by author].During the most recent quarter, data center revenue totaled $3.8 billion, or around $15 billion annualized. That was up 15% on a sequential basis, and up more than 80% year over year. Growth will not always be this high, of course, but with NVIDIA's strong product lineup and the strong momentum its CFO has hinted at, investors can probably expect that the data center business will remain a major growth driver going forward.Data centers are not the only attractive market for NVIDIA. The company is also well-positioned to benefit from a massive increase in high-end chip demand from the automobile industry. Automobiles have been using chips for many years, but the number of chips per vehicle and the power (and cost) of those chips are not static. While traditional cars didn't use a lot of chips in the past, and while those chips generally weren't very capable and thus pretty cheap, things are changing due to two megatrends.First, electric vehicles use more chips than ICE-powered vehicles, due to additional tasks such as battery management. Even more importantly, the young but accelerating trend of autonomous vehicles increases the number of chips per car and requires much more powerful chips. More powerful chips naturally cost more and do thereby create a way larger revenue opportunity for suppliers to the automobile industry. Autonomous vehicles, or semi-autonomous vehicles, need to gather gigantic amounts of data via cameras, LiDAR, and so on. That data has to be processed very quickly, as (semi-) autonomous vehicles need to make decisions in split seconds.NVIDIA is one of the suppliers of high-powered chips that can do this task, via its lineup of autonomous-focused products. The DRIVE Orin SoC is one such product that has gone into production earlier this year. The SoC has gotten a lot of attention from potential customers, and more than 35 customer wins have been announced to date. This includes major wins such as from Buffett-backed BYD (OTCPK:BYDDY), which is China's biggest EV player and a major competitor to Tesla (TSLA). Lucid (LCID), which isn't very large yet but has received a lot of praise for its exceptional tech, has also agreed to use DRIVE Orin in its vehicles. CFO Colette Kress explains that NVIDIA's \"automotive design win pipeline now exceeds $11 billion over the next six years, up from $8 billion just a year ago\" (see link above). Year-over-year growth of close to 40% is great, and over time, that business should become way more impactful for NVIDIA's top and bottom line. So far, one can argue that revenue contribution isn't very large - $11 billion over six years is around $2 billion a year. But if growth remains sky-high, the autonomous business will likely become highly important in a couple of years. Due to the massive market growth for autonomous driving chips and due to NVIDIA ramping up its product line in this space and seemingly adding new customers every week, I do believe that there is a high likelihood of growth in this space to remain very strong for years to come.Analysts believe that NVIDIA's revenue growth could look like this in the coming years:Seeking Alpha25% growth this year would still be very strong, while growth in the following years will slow down to a 10%-15% range - if Wall Street is correct. The forecast for 2026 (ending January 2027) sees an acceleration towards the mid-20s again, but there are fewer analysts with estimates for that year, so this estimate likely is more uncertain compared to the next couple of years.Even revenue growth of 15% or so would be sufficient to generate compelling longer-term returns, however. NVIDIA should, like most other companies, benefit from some margin expansion when it continues to grow its revenue. Operating leverage dictates that operating expenses, such as those for administration, should decline as a percentage of revenue and gross profit as a company grows over time. Net profit can thus be expected to grow somewhat faster than NVIDIA's revenues. On top of that, since NVIDIA has a clean balance sheet and a low dividend payout ratio, the company has ample surplus cash that can be used for other purposes, such as buybacks. NVIDIA has a $15 billion buyback program in place, which is enough to repurchase 4% of the company at current prices. Over time, these buybacks will add meaningfully to NVIDIA's earnings per share growth and its total return potential.A Look At NVIDIA's Valuation And RisksNVIDIA traded for as much as $350 over the last year, which was not justified. But since then, shares dropped by more than half. Today, NVIDIA trades well below the historic valuation norm:Data by YChartsAt 29x net profit, NVIDIA is valued at 25% less than the 10-year median earnings multiple. The discounts to the 5-year and 3-year earnings multiples are even larger, at around 50% and 60%, respectively. The market has cooled on NVIDIA, and it's likely that greed is no longer the driving force for NVIDIA's share price. Instead, some investors seem to be fearful, which is why NVIDIA has seen its share price drop so much in the last couple of months.Panic selling by some investors can provide attractive entry points for other investors, and I do believe that such a buying opportunity is emerging. With NVIDIA trading for 29x forward earnings, while still growing at a compelling rate, the total return outlook is pretty solid. If NVIDIA hits the $5.40 EPS estimate this year and grows its earnings per share by 17% a year over the following three years, before EPS growth slows down to 14% for 2026-2030, then EPS could total $16.70 in 2030. Put a 20x earnings multiple on that and you get a share price of $340 - which equates to an upside potential of more than 100% over the next eight years, even under rather conservative assumptions. EPS growth could be higher, especially when we factor in buybacks, and the valuation in 2030 could also be higher. I do thus believe that the current sell-off in NVIDIA provides a nice entry point for long-term investors.Risks shouldn't be neglected, however. The current crypto winter is a potential near-term headwind, as it may result in lower GPU sales in the coming quarters. In the long run, that should be more than balanced out by data center and autonomous growth, however.NVIDIA's reliance on foundries is another risk. Especially the exposure to Taiwan Semiconductor Manufacturing Company (TSM).TakeawayNVIDIA's shares have crashed, dropping by more than 50% from the 52-week high. This panic selling has made NVIDIA's valuation drop to a below-average level, as shares are now trading at a clear discount compared to how the company was valued in the past. At the same time, its growth outlook is still very compelling and its buybacks will be more effective with shares trading at a lower valuation.For long-term-oriented investors, the selloff, which was driven by panic around rising rates, a potential recession, etc., makes for a nice entry point. Shares should be able to double through 2030, and returns could be significantly higher as that estimate already accounts for further multiple compression.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096586349,"gmtCreate":1644420363214,"gmtModify":1676533924100,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096586349","repostId":"1144423043","repostType":4,"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886054567,"gmtCreate":1631540807559,"gmtModify":1676530570255,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"G8","listText":"G8","text":"G8","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886054567","repostId":"2167898295","repostType":4,"repost":{"id":"2167898295","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631539356,"share":"https://ttm.financial/m/news/2167898295?lang=&edition=fundamental","pubTime":"2021-09-13 21:22","market":"us","language":"en","title":"Restaurant-software provider Toast aims for over $16 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2167898295","media":"Reuters","summary":"Sept 13 (Reuters) - Toast Inc is aiming for a valuation of more than $16 billion in its U.S. initial","content":"<p>Sept 13 (Reuters) - Toast Inc is aiming for a valuation of more than $16 billion in its U.S. initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a>, according to a regulatory filing on Monday by the startup that sells software to help restaurants with both online and in-store orders.</p>\n<p>Boston-based Toast plans to sell 21.7 million shares in the offering, priced between $30.00 and $33.00 per share. At the top end of that range, the IPO will raise $717.4 million.</p>\n<p>The 10-year-old company provides a software platform that helps restaurants manage online ordering, operate an on-demand delivery network and integrate payment.</p>\n<p>Its listing plan comes during a pandemic-driven boom in demand for food delivery services that has boosted businesses of DoorDash Inc and rivals Uber Eats and Grubhub.</p>\n<p>Several other high-profile start-ups, including Freshworks, Thoughtworks and ForgeRock, are also slated to go public this fall in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest years for IPOs.</p>\n<p>Toast has shifted focus to products such as delivery networks and contactless payment after the hit from the pandemic forced it to slash its workforce by half in the early days of the crisis.</p>\n<p>Valued at about $5 billion in a private round in February, the company's investors include TPG, Tiger Global Management, American Express Ventures, Bessemer Venture Partners, G Squared, TCV and Greenoaks.</p>\n<p>It will list its stock on the New York Stock Exchange under the symbol \"TOST.\"</p>\n<p>Goldman Sachs &amp; Co. LLC, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are the lead underwriters for the offering.</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>Restaurant-software provider Toast aims for over $16 bln valuation in U.S. IPO</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\">\nRestaurant-software provider Toast aims for over $16 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-13 21:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 13 (Reuters) - Toast Inc is aiming for a valuation of more than $16 billion in its U.S. initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a>, according to a regulatory filing on Monday by the startup that sells software to help restaurants with both online and in-store orders.</p>\n<p>Boston-based Toast plans to sell 21.7 million shares in the offering, priced between $30.00 and $33.00 per share. At the top end of that range, the IPO will raise $717.4 million.</p>\n<p>The 10-year-old company provides a software platform that helps restaurants manage online ordering, operate an on-demand delivery network and integrate payment.</p>\n<p>Its listing plan comes during a pandemic-driven boom in demand for food delivery services that has boosted businesses of DoorDash Inc and rivals Uber Eats and Grubhub.</p>\n<p>Several other high-profile start-ups, including Freshworks, Thoughtworks and ForgeRock, are also slated to go public this fall in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest years for IPOs.</p>\n<p>Toast has shifted focus to products such as delivery networks and contactless payment after the hit from the pandemic forced it to slash its workforce by half in the early days of the crisis.</p>\n<p>Valued at about $5 billion in a private round in February, the company's investors include TPG, Tiger Global Management, American Express Ventures, Bessemer Venture Partners, G Squared, TCV and Greenoaks.</p>\n<p>It will list its stock on the New York Stock Exchange under the symbol \"TOST.\"</p>\n<p>Goldman Sachs &amp; Co. LLC, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are the lead underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOST":"Toast, Inc.","MS":"摩根士丹利"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167898295","content_text":"Sept 13 (Reuters) - Toast Inc is aiming for a valuation of more than $16 billion in its U.S. initial public offering $(IPO.UK)$, according to a regulatory filing on Monday by the startup that sells software to help restaurants with both online and in-store orders.\nBoston-based Toast plans to sell 21.7 million shares in the offering, priced between $30.00 and $33.00 per share. At the top end of that range, the IPO will raise $717.4 million.\nThe 10-year-old company provides a software platform that helps restaurants manage online ordering, operate an on-demand delivery network and integrate payment.\nIts listing plan comes during a pandemic-driven boom in demand for food delivery services that has boosted businesses of DoorDash Inc and rivals Uber Eats and Grubhub.\nSeveral other high-profile start-ups, including Freshworks, Thoughtworks and ForgeRock, are also slated to go public this fall in one of the hottest years for IPOs.\nToast has shifted focus to products such as delivery networks and contactless payment after the hit from the pandemic forced it to slash its workforce by half in the early days of the crisis.\nValued at about $5 billion in a private round in February, the company's investors include TPG, Tiger Global Management, American Express Ventures, Bessemer Venture Partners, G Squared, TCV and Greenoaks.\nIt will list its stock on the New York Stock Exchange under the symbol \"TOST.\"\nGoldman Sachs & Co. LLC, Morgan Stanley and J.P. Morgan are the lead underwriters for the offering.","news_type":1},"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886054800,"gmtCreate":1631540790200,"gmtModify":1676530570246,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886054800","repostId":"1164835747","repostType":4,"repost":{"id":"1164835747","kind":"news","pubTimestamp":1631537883,"share":"https://ttm.financial/m/news/1164835747?lang=&edition=fundamental","pubTime":"2021-09-13 20:58","market":"us","language":"en","title":"Salesforce: A Wonderful Company At A Reasonable Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1164835747","media":"Seeking Alpha","summary":"Summary\n\nThe flexible approach at Salesforce is a competitive advantage as they help companies shift","content":"<p><b>Summary</b></p>\n<ul>\n <li>The flexible approach at Salesforce is a competitive advantage as they help companies shift to the cloud.</li>\n <li>The AppExchange ecosystem increases engagement and lowers attrition.</li>\n <li>Capex as a percentage of revenue fell from 7.3% in fiscal ‘14 to 3.3% in fiscal ‘21.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/665b6616888a5d8d7ba20ad02b7ee091\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Stephen Lam/Getty Images News</span></p>\n<p><b>Introduction</b></p>\n<p>My thesis is that Salesforce (CRM) is a wonderful company at a reasonable price. We are still in the early days as software continues shifting to the cloud. Much of the profitability for Salesforce is obfuscated by growth investments. In the 4Q20&nbsp;call, it was revealed that returns for shareholders reached 4,000% since going public in 2004.</p>\n<p>CEO Marc Benioff has said that the way to understand the future is to look at the past. Written in 2009,<i>Behind the Cloud</i>is an excellent resource that helps explain how Salesforce laid their foundation and it is cited throughout this article.</p>\n<p>Seeing as the fiscal year goes through January, I think of the fiscal year as being equal to the calendar year plus one for the first three quarters. The fourth quarter is an exception as it is the only quarter that closes within the calendar year. In other words, calendar '21 is fiscal '22 for the first three quarters.</p>\n<p>Flexibility</p>\n<p>Salesforce is flexible, both with the needs of their customers and their own needs. From the beginning, they recognized that it was time to adapt to a new world where buying software would be like buying products on Amazon without the need for upgrades and updates. Meanwhile rigid incumbents like Oracle (ORCL) and SAP (SAP) continued to develop software as if the internet didn't exist. Salesforce embraces APIs such that companies can adopt a wide array of technology options. They provide the right optionality for companies as the world moves to subscriptions and direct-to-consumer (\"D2C\") relationships. Salesforce is limber when it comes to looking at their own requirements such as their infrastructure needs.</p>\n<p>Salesforce makes it easy for companies to adopt the latest technology options. The importance of using APIs for integration was a giant step in their evolution per&nbsp;<i>Behind the Cloud</i>:</p>\n<blockquote>\n We made a significant leap in the technology when we offered integration capabilities by providing an application programming interface (\"API\"), or a way for salesforce.com to communicate with other programs. This transformed our product and technology so that the data in salesforce.com were not isolated in Web silos, but could interact with other data that were behind the firewall or on other Web sites. The API, for example, allowed salesforce.com to interface with Google Maps, so salespeople could instantly access a map of where all their customers were located.\n</blockquote>\n<blockquote>\n [\n <i>Behind the Cloud</i>: Location: 1,881]\n</blockquote>\n<p>Answering a question at the September 2017 Deutsche Bank&nbsp;Conference, Product EVP Mike Rosenbaum notes that Tesla (TSLA) has a continual relationship with customers by providing software updates. He notes that this is the type of thinking companies need to embrace and that Salesforce helps companies be malleable such that they can maintain direct relationships with customers:</p>\n<blockquote>\n You take for example a company like Dollar Shave Club where instead of selling razors, I'm going to sell a subscription model so that every period of time, you get some razors delivered to you. That's the idea, I think, is where you start to - I think, every company in the world, whether it's brand manufacturing or anyone, needs to start to think about their business model a little bit more like a subscription service. And I think that is the very, very powerful idea that is made possible by CRM systems like Salesforce. We make that -- we make the technology barrier to implementing a model like that go away, to a large degree.\n</blockquote>\n<p>Years ago Salesforce started out with their own data centers in California, Virginia and Singapore but they kept an open mind and reevaluated infrastructure decisions as time went by. Rather than opening their own data centers in new markets like Canada and Australia, they opted to go with Amazon's (AMZN) AWS. In addition to the close relationship with AWS, a partnership with Google (GOOG) (GOOGL) was discussed at the November 2017 Investor Day. Having 3 parts to it, the Google partnership includes Google Analytics, G Suite and some infrastructure on Google Cloud Platform (\"GCP\").</p>\n<p><b>AppExchange Ecosystem</b></p>\n<p>AppExchange is the world's leading enterprise cloud ecosystem with over 3,000 apps and components. Per the&nbsp;faq, they have 117,000 customer reviews and 9 million installs. At the December 2020 Investor Day&nbsp;Presentation, President &amp; COO Bret Taylor said AppExchange is one of the main competitive advantages for Salesforce, noting the million-plus weekly active developers on Slack. Back in 2005 CEO Benioff pointed out that AppExchange was groundbreaking.<i>Behind the Cloud</i>talks about the significance of becoming a platform noting that traditional software companies like Siebel and SAP didn't make the right types of capital investments to empower their partners:</p>\n<blockquote>\n One of the most pivotal decisions we made as a company was to make our code available to let other companies build their own complementary online services. This idea to become a platform, or an operating system for the Internet (similar to how Windows is an operating system for PCs), offered a way to allow everyone to create applications online and gave us an opportunity to attract and&nbsp;\n <b>retain more customers</b>.\n</blockquote>\n<blockquote>\n [\n <i>Behind the Cloud</i>: Location: 1,895]\n</blockquote>\n<p>Veeva (VEEV) helps life science companies shift to the cloud and their payments to Salesforce are part of their cost of revenues line on the income statement. They were an early Independent Software Vendor (\"ISV\") and they have grown over the years such that their market cap is now close to $50 billion. Per their filings, Veeva has a value-added reseller agreement with Salesforce for a cumulative $500 million from March 2014 to September 2025 which they will fulfill easily as there is only $57 million remaining.</p>\n<p>It was simple to see the potential for AWS years ago when Netflix (NFLX) announced they were using them for their media content. The same thing is happening in banking as old thought processes are shifting and resources are being allocated to AppExchange banking leader nCino (NCNO). At a June 2018 Evercore ISI&nbsp;event, nCino Executive Director of Global Market Strategy Jim Baxley talked about the way banks are moving to the cloud seeing as they don't want to build their own data centers anymore and they don't want to have armies of developers.</p>\n<p>DocuSign(NASDAQ:DOCU)&nbsp;COO Scott Olrich spoke about the relationship with Salesforce at DocuSign's March 2021 Virtual Financial Analyst&nbsp;Day. DocuSign Gen is a lightweight tool that allows reps to generate a contract from inside of Salesforce. The Salesforce sales team helps sell these products and there is a specialized version for quotes and billing.</p>\n<p>The November 2017 Investor Day&nbsp;Presentation&nbsp;shows ISV with a revenue run rate of $310 million such that it was 17% of the Platform &amp; Other Revenue at that time:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/382b79247454c56e777664f619f500b8\" tg-width=\"600\" tg-height=\"405\" width=\"100%\" height=\"auto\"><span>Image Source: November 2017 Investor Day Presentation</span></p>\n<p>I value the AppExchange platform more for the way that it lowers attrition through increased innovation, utility and engagement than for the revenue it generates directly.</p>\n<p><b>Successful Acquisitions</b></p>\n<p>Having a flexible and collaborative mindset, Salesforce has a history of giving subsidiaries the right environment to continue with innovation and revenue growth after being acquired. Other software giants have a more rigid mindset such that their acquisitions don't work out the right way. At the October 2006 Dreamforce Investor Summit, Worldwide Sales and Distribution President Jim Steele&nbsp;talked&nbsp;about the fact that Siebel's innovation stagnated after being acquired by Oracle.</p>\n<p>The acquisitions of ExactTarget, ClickSoftware and Vlocity were very important for Salesforce despite the fact that there have been others at higher price tags. ExactTarget was acquired in 2013 to help Salesforce become number one in marketing. An August 2019 diginomica&nbsp;writeup&nbsp;notes that much of Salesforce's Field Service Lightning software was licensed and originally written by ClickSoftware developers. Bringing ClickSoftware in-house bolstered the Service and Platform offerings. Vlocity was built on the Salesforce platform and their acquisition was finalized in June 2020. They strengthen Salesforce's Service offering. At the September 2020 RBC&nbsp;Tour, Salesforce Industries Division CEO David Schmaier talked about Vlocity's approach noting that they serve regulated industries including communications, insurance, health, government, energy and media.</p>\n<p>A June 2021&nbsp;article&nbsp;from Fortune mentions the biggest acquisitions as follows:</p>\n<p>Demandware: Price: $2.8 billion - June 2016</p>\n<p>Mulesoft: Price: $6.5 billion - March 2018</p>\n<p>Tableau: Price: $15.7 billion - June 2019</p>\n<p>Slack: Price: $27.7 billion - December 2020 (deal announced)</p>\n<p>Demandware is the key part of Salesforce's Commerce offering while Tableau is essential for the Analytics offering and MuleSoft powers the Integration offering. The importance of Tableau and MuleSoft was made evident in the 1Q22&nbsp;cal&nbsp;lwhen it was revealed that Tableau was in 8 of the top 10 new deals and MuleSoft was in 5 of the 10.</p>\n<p>At the June 2019 Tableau&nbsp;call, CEO Benioff talks about the fact that traditional enterprise software companies are unaccommodating when it comes to new technology. The reputation of flexibility at Salesforce is a big factor when it comes to acquisitions:</p>\n<blockquote>\n There is a question of, well, gee, MuleSoft really is all about connecting to an ecosystem of data and connects to lots of different data sources like SAP, Microsoft and Amazon and Google and Workday and ServiceNow and so many companies, and how do you plan to address that? And it was kind of a shock to me actually because when I have the question, it was kind of like somehow people think that we wouldn't connect to those companies or wouldn't support all those companies or that we would do something to cut them off.\n</blockquote>\n<p>The November 2019 Investor Day&nbsp;Presentation&nbsp;notes the success of revenue growth with 3 prominent acquisitions. Acquired in July 2013 with annual revenue of $286 million, ExactTarget grew its revenue to $1,450 million in 6 years. Demandware was purchased in July 2016 and they had revenue of $227 million at the time which grew to $590 million in 3 years. MuleSoft was acquired in May 2018 when they had revenue of $284 million and this grew to $665 million in a short time.</p>\n<p><b>Disrupting Incumbents</b></p>\n<p>The CRM market was fragmented before Salesforce entered the picture. Small companies often used ACT, medium sized companies used Microsoft (MSFT) and large companies went with Siebel, SAP or Peoplesoft.<i>Behind the Cloud</i>reveals that small, medium and large businesses have heterogeneous preferences and the dogma at the time was that they couldn't all be served by a single company:</p>\n<blockquote>\n When we started salesforce.com, companies sold separate software systems to small, medium, and large companies. We wanted to change that and provide everyone with the same affordable and effective service. For as long as I can remember, people told us we couldn't serve all markets - they told us that it could not be done.\n</blockquote>\n<blockquote>\n [\n <i>Behind the Cloud</i>: Location: 1,643]\n</blockquote>\n<p>Salesforce became a democratizing tool by using the internet to provide the same services to small companies that were only available to large enterprises in the past. Over time they began serving more of the large companies and this disrupted incumbents like Oracle and SAP. The September 2015 Investor Day&nbsp;Presentation&nbsp;shows that SAP had 14.3% CRM market share in FY11 followed by Oracle at 12.6% and Salesforce at 10.6%. It reveals that Salesforce passed both companies within a year or two of FY11 and had a comfortable lead by FY15. The December 2020 Investor Day Presentation shows Salesforce up to 19.8% CRM market share by 2020H1, well ahead of Oracle at just 5.3% and SAP at a mere 4.8%.</p>\n<p>At the September 2006 Citigroup Global Technology&nbsp;Conference, CEO Benioff talks about SAP's obstinance:</p>\n<blockquote>\n But SAP has not changed. They are basically just selling the same stuff that they had 10 years ago -- single-tenant architecture, license fees -- same business model, same technology model, running their business the same way. They talk about on-demand -- all on-demand to them is moving their database from one datacenter to another datacenter. It is not multitenancy. They don't even believe in multitenancy. They say they don't believe in multitenancy.\n</blockquote>\n<p>Unlike incumbents who rely on maintenance contracts, Salesforce wanted to do away with packaged software and make things as easy as buying products on Amazon. This is well explained in<i>Behind the Cloud</i>:</p>\n<blockquote>\n We wanted to take advantage of a new platform - the Internet - and deliver business applications cheaply through a Web site that was as easy to use as Amazon.com. We had to think out of the box. Literally, no more packaged software. And figuratively, as no one was then selling subscriptions for business applications and delivering them over the Web.\n</blockquote>\n<blockquote>\n [\n <i>Behind the Cloud</i>: Location: 3,702]\n</blockquote>\n<p>CEO Benioff discusses inflexible thinking in the 2Q16callsaying that Oracle and SAP still sell old technology similar to the way that IBM still sells mainframes:</p>\n<blockquote>\n And that's what you see with companies like Oracle and SAP. These are old technology bases that are meandering along like mainframes. And I think that is reflected exactly as you said, in their license revenue growth which has been poor. And in&nbsp;\n <b>their movement to the cloud has been stunted because they don't want to shift those customers into new models</b>, exactly why IBM lost the PC business because they were too afraid to let go of the mainframe. It's the past replaying itself, but instead of IBM you've got Oracle and SAP basically running the same playbook.\n</blockquote>\n<p>President &amp; Chief Product Officer David Schmaier cites The Innovator's Dilemma at the September 2020 RBC Tour saying Salesforce is here to disrupt on-premise competitors:</p>\n<blockquote>\n And the very simple way to sell against those vendors is it's faster to deploy, it's easier to use. And oh, by the way, if you look at the total cost of ownership, it actually costs less money, too. So even I can sell that. Let me think about that again. It's faster, it's easier and it costs less money. And it's constantly refreshed in the cloud. And so it's just way better than that old on-premise world. And so we like to find&nbsp;\n <b>markets where we're disrupting legacy competitors is kind of the - I think that's the perfect storm</b>. It doesn't mean we wouldn't go into a space where there is another cloud competitor, but it's easier and faster if that's not the case.\n</blockquote>\n<p><b>Declining Attrition</b></p>\n<p>The November 2019 Investor Day Presentation shows that attrition has declined significantly from about 21% in FY10 to less than 10% in FY20:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/019cb7b9807c53883ad0012c39d0c7c0\" tg-width=\"640\" tg-height=\"378\" width=\"100%\" height=\"auto\"><span>Image Source: November 2019 Investor Day Presentation</span></p>\n<p>One of the reasons for the declining attrition is that Salesforce is the first software company to provide CRM and other offerings in the cloud at scale. Another key factor is the AppExchange where increased innovation, utility and overall engagement lead to lower attrition. Acquisitions have led to today's multi-cloud environment which is also good for increasing engagement and lowering attrition.</p>\n<p><b>Revenue Growth</b></p>\n<p>Declining attrition has made it much easier for Salesforce to increase revenue. Looking at the last 7 years, subscription and support revenue growth has been prodigious, going from about $5 billion in FY15 all the way up to around $20 billion by FY21. Note that the Platform and Other offering includes the Integration and Analytics offerings. Professional services and other revenue is not shown here and it was up to $1.3 billion by 2021:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdadcd43083d7826f9a1abaf444ebfc1\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Image Source: author's spreadsheet from 10-K filings</span></p>\n<p>Revenue growth should continue as the total addressable market (\"TAM\") expands to $175 billion by fiscal '25 per the December 2020 Investor Day Presentation. Below we see key logos tied to offerings. Analytics has Tableau, Integration has MuleSoft, and Platform has Lightning from a slide in. Also, the Marketing offering favors the ExactTarget color scheme and Commerce offering favors the Demandware color scheme:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dbce8ec606b80ff1cdacdb4d7e0fa76a\" tg-width=\"640\" tg-height=\"458\" width=\"100%\" height=\"auto\"><span>Image Source: December 2020 Investor Day</span></p>\n<p><b>Valuation</b></p>\n<p>The December 2020 Investor Day Presentation shows annual revenue reaching $50 billion or more by FY26 and I like to think about what the overall valuation will be at that point. CFO Hawkins notes that this $50 billion target includes Slack revenue but not revenue from any upcoming acquisitions. The numbers in the actual income statement and cash flow statement are a key consideration as well as the numbers that would be in place if the business was run for more of a steady-state environment with annual revenue growth in the low-single digits.</p>\n<p>It's easier to articulate my FY26 thoughts by starting with current numbers and margins. We have the following margins for<b>FY21:</b></p>\n<p><b>GAAP operating margin: 2.1%</b></p>\n<p><b>non-GAAP operating margin: 17.7%</b></p>\n<p><b>unit economic margin: 39%</b>[December 2020 estimate]</p>\n<p>I also think about the operating cash flow (\"OCF\") yield in a similar manner as the margins above. Per the September 2018 Investor Day&nbsp;Presentation, it has been fairly consistent over the years at about 25%, even with the dilutive effect of acquisitions:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16d5a744acc5b9127739e42a3a9be48e\" tg-width=\"600\" tg-height=\"319\" width=\"100%\" height=\"auto\"><span>Image Source: September 2018 Investor Day Presentation</span></p>\n<p><i>Filings show that OCF Yield and OCF were 26% &amp; $3.4 billion in FY19, 25% &amp; $4.3 billion in FY20 and 23% and $4.8 billion in FY21 such that the OCF yield consistency continues.</i></p>\n<p>Each margin tells us something different. GAAP and non-GAAP operating margins are in the financial statements for any given year. The third type of margin is the unit economic margin which is based on subscription economics such that the lifetime of a customer is included over multiple fiscal years instead of just a single year. The income statement on the FY21&nbsp;10-K&nbsp;shows GAAP operating income directly and the numbers in footnotes [1] and [2] are used for non-GAAP operating income:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d9174613e9191243a04e9ff17b354c8\" tg-width=\"600\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Image Source: FY21 10-K</span></p>\n<p>We see that in FY21, the GAAP operating margin was 2.1% based on operating income of $455 million divided by revenue of $21.3 billion and the non-GAAP operating margin was 17.7% based on operating income of nearly $3.8 billion divided by revenue of $21.3 billion per the 4Q21&nbsp;release. The difference between GAAP and non-GAAP in FY21 is the $1.1 billion in business combination amortization and $2.2 billion in stock-based compensation. In other words, the release adds the stock-based compensation and business combination amortization from the income statement footnotes such that we have a clearer picture of the non-GAAP operating income:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f97cbc39fedfc59780629f59593ea000\" tg-width=\"640\" tg-height=\"560\" width=\"100%\" height=\"auto\"><span>Image Source: 4Q21 release</span></p>\n<p>The 3rd type of margin is from subscription unit economics. In this case, estimates are made about the lifetime value of customers spanning multiple fiscal years in the future. In other words, when we look at subscription unit economic margins, they are apples and oranges to the margins based on current fiscal filings as subscription economics contain the lifetime revenue and expenses over many years as opposed to any single fiscal year. The first part of subscription unit economics is the lifetime revenue value. Suppose we have a company whose first-year revenue is $1 with a high attrition rate of 50%. The lifetime revenue value starts out as follows:</p>\n<p>year 1: $1.00</p>\n<p>year 2: $0.50</p>\n<p>year 3: $0.25</p>\n<p>After 3 years, we have $1.75 and if we keep going then eventually we get close to another $0.25. It's a geometric series that can be approximated as first-year revenue divided by attrition. $1 divided by 50% comes out to $2 of lifetime revenue.</p>\n<p>The September 2015 Investor Day Presentation has a simple example without incremental annual recurring revenue (\"ARR\") that shows how near-term profitability can be sacrificed when thinking about lifetime unit margins. We have Acme Cloud which has $1 in first-year revenue, 25% attrition, a cost to book (\"CTB\") of $0.50 and a cost to serve (\"CTS\") of 75%. The lifetime revenue approaches first-year revenue divided by attrition or $1 divided by 25% which is $4. The CTS is 75% of this or $3. The unit income is lifetime revenue less CTB less CTS which comes to $0.50 and the lifetime unit margin is 12.5% or $0.50/$4. Acme has several options available. Option 1 is a proposal that lowers attrition 5% by increasing the CTS 2%. Option 2 is a proposal that targets enterprise customers who have a longer selling cycle and an elevated CTB but they also have a lower attrition rate. Both proposals are good in the long run as the lifetime unit margin goes up from 12.5% to 13% but both proposals put pressure on near-term margins:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ddd473c926ef80d67285c81023b1e88\" tg-width=\"640\" tg-height=\"348\" width=\"100%\" height=\"auto\"><span>Image Source: September 2015 Investor Day</span></p>\n<p>The December 2020 Investor Day&nbsp;transcript&nbsp;reveals what SVP Evan Goldstein thinks about subscription economics including incremental ARR:</p>\n<blockquote>\n Subscription economics relies on 3 metrics: attrition, cost to book and cost to serve. We calculate lifetime revenue by one divided by attrition. Our&nbsp;\n <b>cost of book is our sales and marketing expenses</b>&nbsp;divided by incremental ARR. And then our&nbsp;\n <b>cost to serve is all the other expenses</b>&nbsp;related to supporting that revenue divided by your lifetime revenue.\n</blockquote>\n<p>There are 4 major income statement lines that get us down from revenue towards operating income and in most years, adding/subtracting investment income, interest expense and taxes from operating income gets us close to net income, the first figure in the cash flow statement. These 4 major income statement lines are cost of revenue or cost of goods sold (\"COGS\"), research and development (\"R&amp;D\"), marketing and sales (\"S&amp;M\") and general and administrative (\"G&amp;A\"). CTB is S&amp;M while the other income statement lines are CTS per the subscription economics slide below from the November 2017 Investor Day Presentation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e110ea12c4d73e5eb9a5d1f2d39698f\" tg-width=\"500\" tg-height=\"379\" width=\"100%\" height=\"auto\"><span>Image Source: November 2017 Investor Day Presentation</span></p>\n<p>This slide from the December 2020 Investor Day Presentation is another way of visualizing the same concept. CTB is made of S&amp;M and both these labels favor beige whereas the CTS label and its profit and loss (\"P&amp;L\") statement lines are more of an aquamarine color:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20a25e426effbd54221726fde4321e20\" tg-width=\"600\" tg-height=\"346\" width=\"100%\" height=\"auto\"><span>Image Source: December 2020 Investor Day</span></p>\n<p>SVP Goldstein reveals that unit economics improved from FY17 to FY21 as declines in attrition more than offset the rise in CTB. CTS flattened and then declined as efficiencies in G&amp;A were found. CTB has increased as they are selling a wide variety of products and workflows in multiple countries such that the portfolio is now broader. This sophistication creates more engagement for customers and attrition falls as Salesforce becomes stickier. SVP Goldstein goes on to explain that unit lifetime economic margins have gone from the mid-30s all the way up to 40% now:</p>\n<blockquote>\n When we started talking to you, we talked about mid-30s. Last year, we updated you that we'd be at about 40%. Now we expect FY '21 to have some slight pressure as it relates to the pandemic. We shared with you earlier this year, we expect attrition to increase, but we believe this will be transitory over time and expect to get back to 40%. However, our decisions to maximize for subscription economics has created some impact on the short-term income statement.\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c7fbc72952d7832066e0f2af720aed2\" tg-width=\"600\" tg-height=\"328\" width=\"100%\" height=\"auto\"><span>Image Source: December 2020 Investor Day</span></p>\n<p>I don't think unit economic margins will stop at 40%. There should be more upside in the next 5 years. This is what SVP Goldstein said about the ceiling at the December 2020 Investor Day Presentation:</p>\n<blockquote>\n We definitely think there's upside to that number, and it's about finding efficiencies in CTB, CTS and attrition. Obviously, in the short term, as I've mentioned in my presentation, we're focused on investing in CTB to sort of get every dollar of ARR, but there can potentially be upside as we think about those metrics.\n</blockquote>\n<p>The bridge between GAAP and non-GAAP margins is clear; acquisition based amortization and stock-based-compensation are straightforward. I don't have a clear bridge between non-GAAP margins and unit economic margins but we do know that both exclude the impact of stock-based compensation and acquisition amortization. It is definitely beneficial that the unit economic margin has been rising over the years. Net cash provided by operating activities on the cash flow statement has some similarities to non-GAAP operating income in that both can be calculated from existing financial statements and both do not subtract amortization and stock-based compensation from revenue. We know that some of the FY21 numbers between the revenue of $21.3 billion and the net cash provided by operating activities of $4.8 billion are tied to revenue growth investments. I often think about what the net cash provided by operating activities would be if revenue wasn't growing. Likewise, I think about what things will look like when revenue reaches $50 billion. Revenue should still be growing substantially at that point so the net cash provided by operating activities number on the cash flow statement will be different from the number we would see without revenue growth.</p>\n<p>Eventually the landscape should change such that investing aggressively for annual revenue growth doesn't make as much sense. At that point S&amp;M as a percentage of revenue should decline and the operating margin should rise. A November 2020writeupquotes Morgan Stanley analyst Keith Weiss talking about this tradeoff, saying operating margins can get to 28% in 5 years and 33% in 10 years:</p>\n<blockquote>\n \"The good news is our updated [software-as-a-service] X-ray suggests Salesforce currently has the unit economics to drive operating margins to 28% in 5 years (based on our growth estimates) and 33% in 10 years, as growth slows towards 10%,\" Weiss said.\n</blockquote>\n<p>The December 2020 Investor Day Presentation shows operating cash flow going from $1.6 billion in FY16 to what they then estimated to be $4.9 billion for FY21 which is a CAGR of over 25%. The actual operating cash flow number for FY21 turned out to be $4.8 billion. Cash flow discussions come in the 4Q calls and the growth has been enormous over the last 3 years. Capex as a percentage of revenue has fallen significantly over the years. The10-Kfor FY14 shows capex was 7.3% of revenue or $299 million/$4.07 billion. By FY21, the 10-K shows it was just 3.3% of revenue or $710 million/$21.25 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c846999744311d81026f0e7ffd240fc\" tg-width=\"640\" tg-height=\"641\" width=\"100%\" height=\"auto\"><span>Image Source: FY21 10-K</span></p>\n<p>At the December 2020 Wells Fargo TMT&nbsp;Conference, CFO Hawkins noted that their acquisitions tend to dilute margins because they often acquire companies that are just getting started such that they are losing money on the revenue that is generated. The key point is that Salesforce knows how to take these assets that are dilutive at first and grow their revenue in such a way that profits come in the long run:</p>\n<blockquote>\n Our track record, our feedback on M&amp;A has been well. It's been good. Take a look at&nbsp;\n <b>ExactTarget, take a look at Demandware, take a look at MuleSoft, take a look at Tableau</b>, and you're going to -- I always tell people there's a test at the end, we need to perform. But when you look back on that, again, I want to underscore, why do I say that as the CFO? Well, in FY '14, we made 8.9% operating margin, where we just came off a $4 billion a year. Today, the guide is roughly $21 billion in a couple of weeks, and there'll be -- obviously, the next year, you're talking north of $25 billion. And what are we doing? Our operating margin this year, the guide is effectively 17.6%. Okay, progress, better, better never done. But here's the key point, you know the attributes of each of these assets that we took on board. They were smaller, right?\n <b>They lost money, most of them. They are getting started</b>.\n</blockquote>\n<p>In the 2Q22&nbsp;call, it was revealed that the FY22 operating cash flow guidance growth would be 21% to 22% were it not for the dilutive cash flow impact of Slack and Acumen. FY21 revenue was $21.3 billion. Getting to $50 billion in 4.5 years by FY26 implies a CAGR of a little over 20%. I think operating cash flow can grow at a CAGR of nearly 23% such that it goes from $4.8 billion to about $12 billion. If capex is 2.5% of revenue at that point then it should be around $1.25 billion such that FCF is around $10.75 billion.</p>\n<p>I treat stock-based compensation as a cash expense so my adjusted FCF number would normally be lower than this. However, growth investments in S&amp;M largely offset the stock-based compensation consideration. If the market values Salesforce at 35x FCF at this time then it should be worth about $375 billion. This is where I see things on the low end seeing as management can be circumspect with guidance. On the high end, I think revenue can be $55 billion in FY26 and operating cash flow can grow at a CAGR of nearly 27% to reach $14 billion. Capex could be as little as 2% of revenue for $1.1 billion such that FCF is $12.9 billion. 35x this amount is about $450 billion.</p>\n<p>Looking at the 2Q22 balance sheet in the 10-Q&nbsp;filing, the enterprise value is about $1.7 billion more than the market cap due to $10.6 billion in long-term debt, $2.9 billion in long-term leases, $0.7 billion in short-term leases and $1.3 billion in Slack notes, partially offset by $6.3 billion in cash and equivalents plus $3.4 billion in marketable securities plus $4.1 billion in strategic investments. But we are using a FCF framework for valuation where debt and leases are already accounted for as they lower FCF. In FY21, interest expense was the primary component of the $64 million \"other expense\" line. And in the cash flow statement we see that FY21 operating cash flow was lowered by $830 million due to operating lease liabilities. I just look at the market cap for the valuation framework. The 2Q22 10-Q says there were approximately 979 million shares outstanding as of August 25, 2021. The September 10th share price was $257.20 implying a market cap of nearly $252 billion.</p>\n<p>Again, today's market cap is almost $255 billion. If it grows to $375 billion in 4 and a half years at the end of FY26 then the 4.5 year CAGR is almost 9%. If it grows to $450 billion in 4 and a half years at the end of FY26 then the CAGR is a little over 13%. If there were no dilution then I think we'd see an outcome somewhere in between such that the stock has a CAGR between 9% and 13% over the next 4 and a half years. There will be some dilution so the CAGR range could be a bit lower, especially if the dilution comes from acquisitions that fail to speed up the $50 billion revenue target.</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>Salesforce: A Wonderful Company At A Reasonable Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSalesforce: A Wonderful Company At A Reasonable Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 20:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4454848-salesforce-a-wonderful-company-at-a-reasonable-price><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe flexible approach at Salesforce is a competitive advantage as they help companies shift to the cloud.\nThe AppExchange ecosystem increases engagement and lowers attrition.\nCapex as a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4454848-salesforce-a-wonderful-company-at-a-reasonable-price\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRM":"赛富时"},"source_url":"https://seekingalpha.com/article/4454848-salesforce-a-wonderful-company-at-a-reasonable-price","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164835747","content_text":"Summary\n\nThe flexible approach at Salesforce is a competitive advantage as they help companies shift to the cloud.\nThe AppExchange ecosystem increases engagement and lowers attrition.\nCapex as a percentage of revenue fell from 7.3% in fiscal ‘14 to 3.3% in fiscal ‘21.\n\nStephen Lam/Getty Images News\nIntroduction\nMy thesis is that Salesforce (CRM) is a wonderful company at a reasonable price. We are still in the early days as software continues shifting to the cloud. Much of the profitability for Salesforce is obfuscated by growth investments. In the 4Q20 call, it was revealed that returns for shareholders reached 4,000% since going public in 2004.\nCEO Marc Benioff has said that the way to understand the future is to look at the past. Written in 2009,Behind the Cloudis an excellent resource that helps explain how Salesforce laid their foundation and it is cited throughout this article.\nSeeing as the fiscal year goes through January, I think of the fiscal year as being equal to the calendar year plus one for the first three quarters. The fourth quarter is an exception as it is the only quarter that closes within the calendar year. In other words, calendar '21 is fiscal '22 for the first three quarters.\nFlexibility\nSalesforce is flexible, both with the needs of their customers and their own needs. From the beginning, they recognized that it was time to adapt to a new world where buying software would be like buying products on Amazon without the need for upgrades and updates. Meanwhile rigid incumbents like Oracle (ORCL) and SAP (SAP) continued to develop software as if the internet didn't exist. Salesforce embraces APIs such that companies can adopt a wide array of technology options. They provide the right optionality for companies as the world moves to subscriptions and direct-to-consumer (\"D2C\") relationships. Salesforce is limber when it comes to looking at their own requirements such as their infrastructure needs.\nSalesforce makes it easy for companies to adopt the latest technology options. The importance of using APIs for integration was a giant step in their evolution per Behind the Cloud:\n\n We made a significant leap in the technology when we offered integration capabilities by providing an application programming interface (\"API\"), or a way for salesforce.com to communicate with other programs. This transformed our product and technology so that the data in salesforce.com were not isolated in Web silos, but could interact with other data that were behind the firewall or on other Web sites. The API, for example, allowed salesforce.com to interface with Google Maps, so salespeople could instantly access a map of where all their customers were located.\n\n\n [\n Behind the Cloud: Location: 1,881]\n\nAnswering a question at the September 2017 Deutsche Bank Conference, Product EVP Mike Rosenbaum notes that Tesla (TSLA) has a continual relationship with customers by providing software updates. He notes that this is the type of thinking companies need to embrace and that Salesforce helps companies be malleable such that they can maintain direct relationships with customers:\n\n You take for example a company like Dollar Shave Club where instead of selling razors, I'm going to sell a subscription model so that every period of time, you get some razors delivered to you. That's the idea, I think, is where you start to - I think, every company in the world, whether it's brand manufacturing or anyone, needs to start to think about their business model a little bit more like a subscription service. And I think that is the very, very powerful idea that is made possible by CRM systems like Salesforce. We make that -- we make the technology barrier to implementing a model like that go away, to a large degree.\n\nYears ago Salesforce started out with their own data centers in California, Virginia and Singapore but they kept an open mind and reevaluated infrastructure decisions as time went by. Rather than opening their own data centers in new markets like Canada and Australia, they opted to go with Amazon's (AMZN) AWS. In addition to the close relationship with AWS, a partnership with Google (GOOG) (GOOGL) was discussed at the November 2017 Investor Day. Having 3 parts to it, the Google partnership includes Google Analytics, G Suite and some infrastructure on Google Cloud Platform (\"GCP\").\nAppExchange Ecosystem\nAppExchange is the world's leading enterprise cloud ecosystem with over 3,000 apps and components. Per the faq, they have 117,000 customer reviews and 9 million installs. At the December 2020 Investor Day Presentation, President & COO Bret Taylor said AppExchange is one of the main competitive advantages for Salesforce, noting the million-plus weekly active developers on Slack. Back in 2005 CEO Benioff pointed out that AppExchange was groundbreaking.Behind the Cloudtalks about the significance of becoming a platform noting that traditional software companies like Siebel and SAP didn't make the right types of capital investments to empower their partners:\n\n One of the most pivotal decisions we made as a company was to make our code available to let other companies build their own complementary online services. This idea to become a platform, or an operating system for the Internet (similar to how Windows is an operating system for PCs), offered a way to allow everyone to create applications online and gave us an opportunity to attract and \n retain more customers.\n\n\n [\n Behind the Cloud: Location: 1,895]\n\nVeeva (VEEV) helps life science companies shift to the cloud and their payments to Salesforce are part of their cost of revenues line on the income statement. They were an early Independent Software Vendor (\"ISV\") and they have grown over the years such that their market cap is now close to $50 billion. Per their filings, Veeva has a value-added reseller agreement with Salesforce for a cumulative $500 million from March 2014 to September 2025 which they will fulfill easily as there is only $57 million remaining.\nIt was simple to see the potential for AWS years ago when Netflix (NFLX) announced they were using them for their media content. The same thing is happening in banking as old thought processes are shifting and resources are being allocated to AppExchange banking leader nCino (NCNO). At a June 2018 Evercore ISI event, nCino Executive Director of Global Market Strategy Jim Baxley talked about the way banks are moving to the cloud seeing as they don't want to build their own data centers anymore and they don't want to have armies of developers.\nDocuSign(NASDAQ:DOCU) COO Scott Olrich spoke about the relationship with Salesforce at DocuSign's March 2021 Virtual Financial Analyst Day. DocuSign Gen is a lightweight tool that allows reps to generate a contract from inside of Salesforce. The Salesforce sales team helps sell these products and there is a specialized version for quotes and billing.\nThe November 2017 Investor Day Presentation shows ISV with a revenue run rate of $310 million such that it was 17% of the Platform & Other Revenue at that time:\nImage Source: November 2017 Investor Day Presentation\nI value the AppExchange platform more for the way that it lowers attrition through increased innovation, utility and engagement than for the revenue it generates directly.\nSuccessful Acquisitions\nHaving a flexible and collaborative mindset, Salesforce has a history of giving subsidiaries the right environment to continue with innovation and revenue growth after being acquired. Other software giants have a more rigid mindset such that their acquisitions don't work out the right way. At the October 2006 Dreamforce Investor Summit, Worldwide Sales and Distribution President Jim Steele talked about the fact that Siebel's innovation stagnated after being acquired by Oracle.\nThe acquisitions of ExactTarget, ClickSoftware and Vlocity were very important for Salesforce despite the fact that there have been others at higher price tags. ExactTarget was acquired in 2013 to help Salesforce become number one in marketing. An August 2019 diginomica writeup notes that much of Salesforce's Field Service Lightning software was licensed and originally written by ClickSoftware developers. Bringing ClickSoftware in-house bolstered the Service and Platform offerings. Vlocity was built on the Salesforce platform and their acquisition was finalized in June 2020. They strengthen Salesforce's Service offering. At the September 2020 RBC Tour, Salesforce Industries Division CEO David Schmaier talked about Vlocity's approach noting that they serve regulated industries including communications, insurance, health, government, energy and media.\nA June 2021 article from Fortune mentions the biggest acquisitions as follows:\nDemandware: Price: $2.8 billion - June 2016\nMulesoft: Price: $6.5 billion - March 2018\nTableau: Price: $15.7 billion - June 2019\nSlack: Price: $27.7 billion - December 2020 (deal announced)\nDemandware is the key part of Salesforce's Commerce offering while Tableau is essential for the Analytics offering and MuleSoft powers the Integration offering. The importance of Tableau and MuleSoft was made evident in the 1Q22 cal lwhen it was revealed that Tableau was in 8 of the top 10 new deals and MuleSoft was in 5 of the 10.\nAt the June 2019 Tableau call, CEO Benioff talks about the fact that traditional enterprise software companies are unaccommodating when it comes to new technology. The reputation of flexibility at Salesforce is a big factor when it comes to acquisitions:\n\n There is a question of, well, gee, MuleSoft really is all about connecting to an ecosystem of data and connects to lots of different data sources like SAP, Microsoft and Amazon and Google and Workday and ServiceNow and so many companies, and how do you plan to address that? And it was kind of a shock to me actually because when I have the question, it was kind of like somehow people think that we wouldn't connect to those companies or wouldn't support all those companies or that we would do something to cut them off.\n\nThe November 2019 Investor Day Presentation notes the success of revenue growth with 3 prominent acquisitions. Acquired in July 2013 with annual revenue of $286 million, ExactTarget grew its revenue to $1,450 million in 6 years. Demandware was purchased in July 2016 and they had revenue of $227 million at the time which grew to $590 million in 3 years. MuleSoft was acquired in May 2018 when they had revenue of $284 million and this grew to $665 million in a short time.\nDisrupting Incumbents\nThe CRM market was fragmented before Salesforce entered the picture. Small companies often used ACT, medium sized companies used Microsoft (MSFT) and large companies went with Siebel, SAP or Peoplesoft.Behind the Cloudreveals that small, medium and large businesses have heterogeneous preferences and the dogma at the time was that they couldn't all be served by a single company:\n\n When we started salesforce.com, companies sold separate software systems to small, medium, and large companies. We wanted to change that and provide everyone with the same affordable and effective service. For as long as I can remember, people told us we couldn't serve all markets - they told us that it could not be done.\n\n\n [\n Behind the Cloud: Location: 1,643]\n\nSalesforce became a democratizing tool by using the internet to provide the same services to small companies that were only available to large enterprises in the past. Over time they began serving more of the large companies and this disrupted incumbents like Oracle and SAP. The September 2015 Investor Day Presentation shows that SAP had 14.3% CRM market share in FY11 followed by Oracle at 12.6% and Salesforce at 10.6%. It reveals that Salesforce passed both companies within a year or two of FY11 and had a comfortable lead by FY15. The December 2020 Investor Day Presentation shows Salesforce up to 19.8% CRM market share by 2020H1, well ahead of Oracle at just 5.3% and SAP at a mere 4.8%.\nAt the September 2006 Citigroup Global Technology Conference, CEO Benioff talks about SAP's obstinance:\n\n But SAP has not changed. They are basically just selling the same stuff that they had 10 years ago -- single-tenant architecture, license fees -- same business model, same technology model, running their business the same way. They talk about on-demand -- all on-demand to them is moving their database from one datacenter to another datacenter. It is not multitenancy. They don't even believe in multitenancy. They say they don't believe in multitenancy.\n\nUnlike incumbents who rely on maintenance contracts, Salesforce wanted to do away with packaged software and make things as easy as buying products on Amazon. This is well explained inBehind the Cloud:\n\n We wanted to take advantage of a new platform - the Internet - and deliver business applications cheaply through a Web site that was as easy to use as Amazon.com. We had to think out of the box. Literally, no more packaged software. And figuratively, as no one was then selling subscriptions for business applications and delivering them over the Web.\n\n\n [\n Behind the Cloud: Location: 3,702]\n\nCEO Benioff discusses inflexible thinking in the 2Q16callsaying that Oracle and SAP still sell old technology similar to the way that IBM still sells mainframes:\n\n And that's what you see with companies like Oracle and SAP. These are old technology bases that are meandering along like mainframes. And I think that is reflected exactly as you said, in their license revenue growth which has been poor. And in \n their movement to the cloud has been stunted because they don't want to shift those customers into new models, exactly why IBM lost the PC business because they were too afraid to let go of the mainframe. It's the past replaying itself, but instead of IBM you've got Oracle and SAP basically running the same playbook.\n\nPresident & Chief Product Officer David Schmaier cites The Innovator's Dilemma at the September 2020 RBC Tour saying Salesforce is here to disrupt on-premise competitors:\n\n And the very simple way to sell against those vendors is it's faster to deploy, it's easier to use. And oh, by the way, if you look at the total cost of ownership, it actually costs less money, too. So even I can sell that. Let me think about that again. It's faster, it's easier and it costs less money. And it's constantly refreshed in the cloud. And so it's just way better than that old on-premise world. And so we like to find \n markets where we're disrupting legacy competitors is kind of the - I think that's the perfect storm. It doesn't mean we wouldn't go into a space where there is another cloud competitor, but it's easier and faster if that's not the case.\n\nDeclining Attrition\nThe November 2019 Investor Day Presentation shows that attrition has declined significantly from about 21% in FY10 to less than 10% in FY20:\nImage Source: November 2019 Investor Day Presentation\nOne of the reasons for the declining attrition is that Salesforce is the first software company to provide CRM and other offerings in the cloud at scale. Another key factor is the AppExchange where increased innovation, utility and overall engagement lead to lower attrition. Acquisitions have led to today's multi-cloud environment which is also good for increasing engagement and lowering attrition.\nRevenue Growth\nDeclining attrition has made it much easier for Salesforce to increase revenue. Looking at the last 7 years, subscription and support revenue growth has been prodigious, going from about $5 billion in FY15 all the way up to around $20 billion by FY21. Note that the Platform and Other offering includes the Integration and Analytics offerings. Professional services and other revenue is not shown here and it was up to $1.3 billion by 2021:\nImage Source: author's spreadsheet from 10-K filings\nRevenue growth should continue as the total addressable market (\"TAM\") expands to $175 billion by fiscal '25 per the December 2020 Investor Day Presentation. Below we see key logos tied to offerings. Analytics has Tableau, Integration has MuleSoft, and Platform has Lightning from a slide in. Also, the Marketing offering favors the ExactTarget color scheme and Commerce offering favors the Demandware color scheme:\nImage Source: December 2020 Investor Day\nValuation\nThe December 2020 Investor Day Presentation shows annual revenue reaching $50 billion or more by FY26 and I like to think about what the overall valuation will be at that point. CFO Hawkins notes that this $50 billion target includes Slack revenue but not revenue from any upcoming acquisitions. The numbers in the actual income statement and cash flow statement are a key consideration as well as the numbers that would be in place if the business was run for more of a steady-state environment with annual revenue growth in the low-single digits.\nIt's easier to articulate my FY26 thoughts by starting with current numbers and margins. We have the following margins forFY21:\nGAAP operating margin: 2.1%\nnon-GAAP operating margin: 17.7%\nunit economic margin: 39%[December 2020 estimate]\nI also think about the operating cash flow (\"OCF\") yield in a similar manner as the margins above. Per the September 2018 Investor Day Presentation, it has been fairly consistent over the years at about 25%, even with the dilutive effect of acquisitions:\nImage Source: September 2018 Investor Day Presentation\nFilings show that OCF Yield and OCF were 26% & $3.4 billion in FY19, 25% & $4.3 billion in FY20 and 23% and $4.8 billion in FY21 such that the OCF yield consistency continues.\nEach margin tells us something different. GAAP and non-GAAP operating margins are in the financial statements for any given year. The third type of margin is the unit economic margin which is based on subscription economics such that the lifetime of a customer is included over multiple fiscal years instead of just a single year. The income statement on the FY21 10-K shows GAAP operating income directly and the numbers in footnotes [1] and [2] are used for non-GAAP operating income:\nImage Source: FY21 10-K\nWe see that in FY21, the GAAP operating margin was 2.1% based on operating income of $455 million divided by revenue of $21.3 billion and the non-GAAP operating margin was 17.7% based on operating income of nearly $3.8 billion divided by revenue of $21.3 billion per the 4Q21 release. The difference between GAAP and non-GAAP in FY21 is the $1.1 billion in business combination amortization and $2.2 billion in stock-based compensation. In other words, the release adds the stock-based compensation and business combination amortization from the income statement footnotes such that we have a clearer picture of the non-GAAP operating income:\nImage Source: 4Q21 release\nThe 3rd type of margin is from subscription unit economics. In this case, estimates are made about the lifetime value of customers spanning multiple fiscal years in the future. In other words, when we look at subscription unit economic margins, they are apples and oranges to the margins based on current fiscal filings as subscription economics contain the lifetime revenue and expenses over many years as opposed to any single fiscal year. The first part of subscription unit economics is the lifetime revenue value. Suppose we have a company whose first-year revenue is $1 with a high attrition rate of 50%. The lifetime revenue value starts out as follows:\nyear 1: $1.00\nyear 2: $0.50\nyear 3: $0.25\nAfter 3 years, we have $1.75 and if we keep going then eventually we get close to another $0.25. It's a geometric series that can be approximated as first-year revenue divided by attrition. $1 divided by 50% comes out to $2 of lifetime revenue.\nThe September 2015 Investor Day Presentation has a simple example without incremental annual recurring revenue (\"ARR\") that shows how near-term profitability can be sacrificed when thinking about lifetime unit margins. We have Acme Cloud which has $1 in first-year revenue, 25% attrition, a cost to book (\"CTB\") of $0.50 and a cost to serve (\"CTS\") of 75%. The lifetime revenue approaches first-year revenue divided by attrition or $1 divided by 25% which is $4. The CTS is 75% of this or $3. The unit income is lifetime revenue less CTB less CTS which comes to $0.50 and the lifetime unit margin is 12.5% or $0.50/$4. Acme has several options available. Option 1 is a proposal that lowers attrition 5% by increasing the CTS 2%. Option 2 is a proposal that targets enterprise customers who have a longer selling cycle and an elevated CTB but they also have a lower attrition rate. Both proposals are good in the long run as the lifetime unit margin goes up from 12.5% to 13% but both proposals put pressure on near-term margins:\nImage Source: September 2015 Investor Day\nThe December 2020 Investor Day transcript reveals what SVP Evan Goldstein thinks about subscription economics including incremental ARR:\n\n Subscription economics relies on 3 metrics: attrition, cost to book and cost to serve. We calculate lifetime revenue by one divided by attrition. Our \n cost of book is our sales and marketing expenses divided by incremental ARR. And then our \n cost to serve is all the other expenses related to supporting that revenue divided by your lifetime revenue.\n\nThere are 4 major income statement lines that get us down from revenue towards operating income and in most years, adding/subtracting investment income, interest expense and taxes from operating income gets us close to net income, the first figure in the cash flow statement. These 4 major income statement lines are cost of revenue or cost of goods sold (\"COGS\"), research and development (\"R&D\"), marketing and sales (\"S&M\") and general and administrative (\"G&A\"). CTB is S&M while the other income statement lines are CTS per the subscription economics slide below from the November 2017 Investor Day Presentation:\nImage Source: November 2017 Investor Day Presentation\nThis slide from the December 2020 Investor Day Presentation is another way of visualizing the same concept. CTB is made of S&M and both these labels favor beige whereas the CTS label and its profit and loss (\"P&L\") statement lines are more of an aquamarine color:\nImage Source: December 2020 Investor Day\nSVP Goldstein reveals that unit economics improved from FY17 to FY21 as declines in attrition more than offset the rise in CTB. CTS flattened and then declined as efficiencies in G&A were found. CTB has increased as they are selling a wide variety of products and workflows in multiple countries such that the portfolio is now broader. This sophistication creates more engagement for customers and attrition falls as Salesforce becomes stickier. SVP Goldstein goes on to explain that unit lifetime economic margins have gone from the mid-30s all the way up to 40% now:\n\n When we started talking to you, we talked about mid-30s. Last year, we updated you that we'd be at about 40%. Now we expect FY '21 to have some slight pressure as it relates to the pandemic. We shared with you earlier this year, we expect attrition to increase, but we believe this will be transitory over time and expect to get back to 40%. However, our decisions to maximize for subscription economics has created some impact on the short-term income statement.\n\nImage Source: December 2020 Investor Day\nI don't think unit economic margins will stop at 40%. There should be more upside in the next 5 years. This is what SVP Goldstein said about the ceiling at the December 2020 Investor Day Presentation:\n\n We definitely think there's upside to that number, and it's about finding efficiencies in CTB, CTS and attrition. Obviously, in the short term, as I've mentioned in my presentation, we're focused on investing in CTB to sort of get every dollar of ARR, but there can potentially be upside as we think about those metrics.\n\nThe bridge between GAAP and non-GAAP margins is clear; acquisition based amortization and stock-based-compensation are straightforward. I don't have a clear bridge between non-GAAP margins and unit economic margins but we do know that both exclude the impact of stock-based compensation and acquisition amortization. It is definitely beneficial that the unit economic margin has been rising over the years. Net cash provided by operating activities on the cash flow statement has some similarities to non-GAAP operating income in that both can be calculated from existing financial statements and both do not subtract amortization and stock-based compensation from revenue. We know that some of the FY21 numbers between the revenue of $21.3 billion and the net cash provided by operating activities of $4.8 billion are tied to revenue growth investments. I often think about what the net cash provided by operating activities would be if revenue wasn't growing. Likewise, I think about what things will look like when revenue reaches $50 billion. Revenue should still be growing substantially at that point so the net cash provided by operating activities number on the cash flow statement will be different from the number we would see without revenue growth.\nEventually the landscape should change such that investing aggressively for annual revenue growth doesn't make as much sense. At that point S&M as a percentage of revenue should decline and the operating margin should rise. A November 2020writeupquotes Morgan Stanley analyst Keith Weiss talking about this tradeoff, saying operating margins can get to 28% in 5 years and 33% in 10 years:\n\n \"The good news is our updated [software-as-a-service] X-ray suggests Salesforce currently has the unit economics to drive operating margins to 28% in 5 years (based on our growth estimates) and 33% in 10 years, as growth slows towards 10%,\" Weiss said.\n\nThe December 2020 Investor Day Presentation shows operating cash flow going from $1.6 billion in FY16 to what they then estimated to be $4.9 billion for FY21 which is a CAGR of over 25%. The actual operating cash flow number for FY21 turned out to be $4.8 billion. Cash flow discussions come in the 4Q calls and the growth has been enormous over the last 3 years. Capex as a percentage of revenue has fallen significantly over the years. The10-Kfor FY14 shows capex was 7.3% of revenue or $299 million/$4.07 billion. By FY21, the 10-K shows it was just 3.3% of revenue or $710 million/$21.25 billion.\nImage Source: FY21 10-K\nAt the December 2020 Wells Fargo TMT Conference, CFO Hawkins noted that their acquisitions tend to dilute margins because they often acquire companies that are just getting started such that they are losing money on the revenue that is generated. The key point is that Salesforce knows how to take these assets that are dilutive at first and grow their revenue in such a way that profits come in the long run:\n\n Our track record, our feedback on M&A has been well. It's been good. Take a look at \n ExactTarget, take a look at Demandware, take a look at MuleSoft, take a look at Tableau, and you're going to -- I always tell people there's a test at the end, we need to perform. But when you look back on that, again, I want to underscore, why do I say that as the CFO? Well, in FY '14, we made 8.9% operating margin, where we just came off a $4 billion a year. Today, the guide is roughly $21 billion in a couple of weeks, and there'll be -- obviously, the next year, you're talking north of $25 billion. And what are we doing? Our operating margin this year, the guide is effectively 17.6%. Okay, progress, better, better never done. But here's the key point, you know the attributes of each of these assets that we took on board. They were smaller, right?\n They lost money, most of them. They are getting started.\n\nIn the 2Q22 call, it was revealed that the FY22 operating cash flow guidance growth would be 21% to 22% were it not for the dilutive cash flow impact of Slack and Acumen. FY21 revenue was $21.3 billion. Getting to $50 billion in 4.5 years by FY26 implies a CAGR of a little over 20%. I think operating cash flow can grow at a CAGR of nearly 23% such that it goes from $4.8 billion to about $12 billion. If capex is 2.5% of revenue at that point then it should be around $1.25 billion such that FCF is around $10.75 billion.\nI treat stock-based compensation as a cash expense so my adjusted FCF number would normally be lower than this. However, growth investments in S&M largely offset the stock-based compensation consideration. If the market values Salesforce at 35x FCF at this time then it should be worth about $375 billion. This is where I see things on the low end seeing as management can be circumspect with guidance. On the high end, I think revenue can be $55 billion in FY26 and operating cash flow can grow at a CAGR of nearly 27% to reach $14 billion. Capex could be as little as 2% of revenue for $1.1 billion such that FCF is $12.9 billion. 35x this amount is about $450 billion.\nLooking at the 2Q22 balance sheet in the 10-Q filing, the enterprise value is about $1.7 billion more than the market cap due to $10.6 billion in long-term debt, $2.9 billion in long-term leases, $0.7 billion in short-term leases and $1.3 billion in Slack notes, partially offset by $6.3 billion in cash and equivalents plus $3.4 billion in marketable securities plus $4.1 billion in strategic investments. But we are using a FCF framework for valuation where debt and leases are already accounted for as they lower FCF. In FY21, interest expense was the primary component of the $64 million \"other expense\" line. And in the cash flow statement we see that FY21 operating cash flow was lowered by $830 million due to operating lease liabilities. I just look at the market cap for the valuation framework. The 2Q22 10-Q says there were approximately 979 million shares outstanding as of August 25, 2021. The September 10th share price was $257.20 implying a market cap of nearly $252 billion.\nAgain, today's market cap is almost $255 billion. If it grows to $375 billion in 4 and a half years at the end of FY26 then the 4.5 year CAGR is almost 9%. If it grows to $450 billion in 4 and a half years at the end of FY26 then the CAGR is a little over 13%. If there were no dilution then I think we'd see an outcome somewhere in between such that the stock has a CAGR between 9% and 13% over the next 4 and a half years. There will be some dilution so the CAGR range could be a bit lower, especially if the dilution comes from acquisitions that fail to speed up the $50 billion revenue target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881051985,"gmtCreate":1631282592847,"gmtModify":1676530518803,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Ooo","listText":"Ooo","text":"Ooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881051985","repostId":"883298049","repostType":1,"repost":{"id":883298049,"gmtCreate":1631241533075,"gmtModify":1676530506637,"author":{"id":"3510558082622800","authorId":"3510558082622800","name":"胖虎哒哒","avatar":"https://static.tigerbbs.com/75b95d9326c02813b7b87ba8c1eccb5a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3510558082622800","authorIdStr":"3510558082622800"},"themes":[],"title":"小調查：iPhone13祕密泄露，你想換新機嗎？","htmlText":"隨着9月15日的蘋果特別活動日一天天的臨近，近期網上也涌現出諸多關於iPhone 13的信息。除了有新機的配置、價格爆料之外，最近還有媒體對iPhone用戶是否有升級iPhone 13的願意做了一期調查。據悉，該調查是由Savings開展，收集1500名iPhone用戶的意向。 根據調查結果顯示：其中僅有10%的用戶計劃入手iPhone 13，有着64%的用戶沒有升級計劃，此外，還有26%的用戶表示還沒做好決定。 對於這一調查結果，個人倒不會感到太大的意外。畢竟就目前的爆料的信息來看，iPhone 13相較於上一代並不會太多的提升，很可能只是將後置模組中的鏡頭改變了擺放位置，劉海屏縮小一些，並上全新的A15芯片。至於大家尤爲關心的120Hz高刷屏和大電池，大概率也只會在iPhone 13 Pro/ Pro Max身上出現。 此外，據烏克蘭人稱，iPhone 13系列將提供新的粉紅色、黑色和青銅色，存儲選項將與iPhone 12相同，除了 5.4 英寸和 6.1 英寸標準型號沒有 256GB 存儲選項之外被91mobiles發現的電子商務網站“KTC”聲稱已經透露了即將推出的設備的配置選項。 MacRumors 對黑色、青銅色和粉紅色 iPhone 13 型號的渲染。在iPhone 13迷你和iPhone 13顯然將繼續在六個顏色可供選擇：黑色，藍色，紫色，粉色，白色，和PRODUCT（RED）。這意味着粉紅色將取代 iPhone 12 陣容中的綠色。 另一方面，據稱iPhone 13 Pro和iPhone 13 Pro Max將繼續提供四種顏色選擇：黑色、銀色、金色和青銅色。這意味着黑色將取代iPhone 12 Pro系列中的石墨，而青銅色將取代太平洋藍。 再加上目前iPhone 12已經支持了5G網絡，所以對於iPhone 12用戶而言，新機確實談不上有太大的吸引力。下面","listText":"隨着9月15日的蘋果特別活動日一天天的臨近，近期網上也涌現出諸多關於iPhone 13的信息。除了有新機的配置、價格爆料之外，最近還有媒體對iPhone用戶是否有升級iPhone 13的願意做了一期調查。據悉，該調查是由Savings開展，收集1500名iPhone用戶的意向。 根據調查結果顯示：其中僅有10%的用戶計劃入手iPhone 13，有着64%的用戶沒有升級計劃，此外，還有26%的用戶表示還沒做好決定。 對於這一調查結果，個人倒不會感到太大的意外。畢竟就目前的爆料的信息來看，iPhone 13相較於上一代並不會太多的提升，很可能只是將後置模組中的鏡頭改變了擺放位置，劉海屏縮小一些，並上全新的A15芯片。至於大家尤爲關心的120Hz高刷屏和大電池，大概率也只會在iPhone 13 Pro/ Pro Max身上出現。 此外，據烏克蘭人稱，iPhone 13系列將提供新的粉紅色、黑色和青銅色，存儲選項將與iPhone 12相同，除了 5.4 英寸和 6.1 英寸標準型號沒有 256GB 存儲選項之外被91mobiles發現的電子商務網站“KTC”聲稱已經透露了即將推出的設備的配置選項。 MacRumors 對黑色、青銅色和粉紅色 iPhone 13 型號的渲染。在iPhone 13迷你和iPhone 13顯然將繼續在六個顏色可供選擇：黑色，藍色，紫色，粉色，白色，和PRODUCT（RED）。這意味着粉紅色將取代 iPhone 12 陣容中的綠色。 另一方面，據稱iPhone 13 Pro和iPhone 13 Pro Max將繼續提供四種顏色選擇：黑色、銀色、金色和青銅色。這意味着黑色將取代iPhone 12 Pro系列中的石墨，而青銅色將取代太平洋藍。 再加上目前iPhone 12已經支持了5G網絡，所以對於iPhone 12用戶而言，新機確實談不上有太大的吸引力。下面","text":"隨着9月15日的蘋果特別活動日一天天的臨近，近期網上也涌現出諸多關於iPhone 13的信息。除了有新機的配置、價格爆料之外，最近還有媒體對iPhone用戶是否有升級iPhone 13的願意做了一期調查。據悉，該調查是由Savings開展，收集1500名iPhone用戶的意向。 根據調查結果顯示：其中僅有10%的用戶計劃入手iPhone 13，有着64%的用戶沒有升級計劃，此外，還有26%的用戶表示還沒做好決定。 對於這一調查結果，個人倒不會感到太大的意外。畢竟就目前的爆料的信息來看，iPhone 13相較於上一代並不會太多的提升，很可能只是將後置模組中的鏡頭改變了擺放位置，劉海屏縮小一些，並上全新的A15芯片。至於大家尤爲關心的120Hz高刷屏和大電池，大概率也只會在iPhone 13 Pro/ Pro Max身上出現。 此外，據烏克蘭人稱，iPhone 13系列將提供新的粉紅色、黑色和青銅色，存儲選項將與iPhone 12相同，除了 5.4 英寸和 6.1 英寸標準型號沒有 256GB 存儲選項之外被91mobiles發現的電子商務網站“KTC”聲稱已經透露了即將推出的設備的配置選項。 MacRumors 對黑色、青銅色和粉紅色 iPhone 13 型號的渲染。在iPhone 13迷你和iPhone 13顯然將繼續在六個顏色可供選擇：黑色，藍色，紫色，粉色，白色，和PRODUCT（RED）。這意味着粉紅色將取代 iPhone 12 陣容中的綠色。 另一方面，據稱iPhone 13 Pro和iPhone 13 Pro Max將繼續提供四種顏色選擇：黑色、銀色、金色和青銅色。這意味着黑色將取代iPhone 12 Pro系列中的石墨，而青銅色將取代太平洋藍。 再加上目前iPhone 12已經支持了5G網絡，所以對於iPhone 12用戶而言，新機確實談不上有太大的吸引力。下面","images":[{"img":"https://static.tigerbbs.com/2fe570d3643c505741c38c94d03cd853","width":"400","height":"225"},{"img":"https://static.tigerbbs.com/439a10342ff65ee248adad23544bb2bd","width":"640","height":"950"},{"img":"https://static.tigerbbs.com/3be3145812aabd30a8e638523e3e3ef3","width":"640","height":"599"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883298049","isVote":2,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"vote":{"id":1557,"gmtBegin":1631241605737,"gmtEnd":1631759961831,"type":1,"upper":1,"title":"發佈會之後，你會換iPhone 13嗎？","choices":[{"id":5751,"sort":1,"name":"Yes！","userSize":136,"voted":false},{"id":5752,"sort":2,"name":"No！","userSize":234,"voted":false}]},"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810460220,"gmtCreate":1629993104460,"gmtModify":1676530196247,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gh","listText":"Gh","text":"Gh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810460220","repostId":"1161561973","repostType":4,"repost":{"id":"1161561973","kind":"news","pubTimestamp":1629991651,"share":"https://ttm.financial/m/news/1161561973?lang=&edition=fundamental","pubTime":"2021-08-26 23:27","market":"us","language":"en","title":"Can Tesla Shares Hit $900 Again This Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161561973","media":"investing.com","summary":"Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling","content":"<p>Electric vehicle maker <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past three months, outperforming the benchmark&nbsp;NASDAQ 100&nbsp;Index.</p>\n<p>The biggest question Tesla bulls now have is, whether, on top of the current gains, can the EV manufacturer's stock push through back to the all-time high of $900 this year?</p>\n<p><img src=\"https://static.tigerbbs.com/b4b9078f00190f208dd63b32c4f617c6\" tg-width=\"651\" tg-height=\"708\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Tesla Weekly Chart.</p>\n<p>Given the highly volatile nature of the stock, it’s tough to predict whether the current Tesla rally has legs. But it’s important to note that the outlook for its car sales is becoming more uncertain than it was a year ago.</p>\n<p>First, the global chip shortage continues to cast doubt on Tesla’s ambitious sales targets for 2021. Chief Executive Officer Elon Musk highlighted challenges that come from the unpredictability of chip supplies and the hurdles he expects in ramping production at two new factories in Austin, Texas, and Berlin, later this year.</p>\n<p>Tesla again delayed delivery of its semi-trailer truck—already two years late. The first trucks of this type are now slated for 2022. The company attributed the delay to supply-chain issues and limited battery-cell supply, as well as management trying to focus on getting new factories online. The company’s plans for its first pickup truck, once expected to go to customers as early as this year, are also being affected by parts issues.</p>\n<p>This is what Musk told analysts last month:</p>\n<blockquote>\n “While we’re making cars at full speed, the global chip-shortage situation remains quite serious. For the rest of this year, our growth rate will be determined by the slowest part in our supply chain.”\n</blockquote>\n<p>Regulatory Probe</p>\n<p>Besides the risks to the market’s earnings consensus for this fiscal year, Tesla is facing a regulatory probe that could result in a massive recall.</p>\n<p>The U.S.opened a formal investigation&nbsp;into Tesla’s Autopilot system last week after almost a dozen collisions involving first-responder vehicles. In the last seven years, Tesla has charged clients thousands of dollars for this feature.</p>\n<p>The probe by the National Highway Traffic Safety Administration (NHTSA) covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014 model year onward. The regulator—which has the power to deem cars defective and order recalls—said&nbsp;it launched the investigation after 11 crashes that resulted in 17 injuries and one fatality.</p>\n<p>Bloomberg reported&nbsp;that Tesla has been criticized for years for labeling the system in a potentially misleading way. Since late 2016, it has marketed this higher-level functionality feature as Full Self-Driving Capability. In reality, Autopilot is a driver-assistance system that maintains vehicles’ speed and keeps them centered in lanes when engaged, though the driver is supposed to supervise at all times.</p>\n<p>Tesla now sells that package of features—often referred to as FSD—for $10,000 or $199 a month.</p>\n<p>After the NHTSA launched of the probe, two Democratic senators asked the Federal Trade Commission to also investigate Tesla over the company’s advertising of its Autopilot and FSD technology.</p>\n<p>In a&nbsp;letter&nbsp;last Wednesday, Sen. Richard Blumenthal of Connecticut and Sen. Ed Markey of Massachusetts asked FTC Chair Lina Khan to examine whether Tesla used “potentially deceptive and unfair practices” in its marketing of those technologies.</p>\n<p>“We fear that Tesla’s Autopilot and FSD features are not as mature and reliable as the company pitches to the public,” they wrote, pointing to comments from Musk, as well as a 2019 YouTube video entitled “Full Self-Driving” and has a link to Tesla’s site.</p>\n<p>Highlighting these risks and how they could affect Tesla’s current stock price, however, shouldn’t hide the fact that there are many analysts who continue to remain bullish on TSLA. Piper Sandler reiterated its overweight rating on the stock and its price target of $1,200 this month.</p>\n<p>In a note, analysts Alexander Potter and Winnie Dong said:</p>\n<blockquote>\n “Bottom line: We still really like this stock. Tesla is still the driving force behind higher [battery electric vehicle] penetration globally.”\n</blockquote>\n<p><b>Bottom Line</b></p>\n<p>It’s difficult to predict the future course for Tesla stock given the huge amount of speculative interest in this name. But recent developments show that it will be quite hard for the EV automaker to exceed expectations in this tough manufacturing environment.</p>\n<p>Investors should trade this name with caution.</p>","source":"lsy1594375853987","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Tesla Shares Hit $900 Again This Year? </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Tesla Shares Hit $900 Again This Year? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999><strong>investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past ...</p>\n\n<a href=\"https://www.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999\">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.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161561973","content_text":"Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past three months, outperforming the benchmark NASDAQ 100 Index.\nThe biggest question Tesla bulls now have is, whether, on top of the current gains, can the EV manufacturer's stock push through back to the all-time high of $900 this year?\nTesla Weekly Chart.\nGiven the highly volatile nature of the stock, it’s tough to predict whether the current Tesla rally has legs. But it’s important to note that the outlook for its car sales is becoming more uncertain than it was a year ago.\nFirst, the global chip shortage continues to cast doubt on Tesla’s ambitious sales targets for 2021. Chief Executive Officer Elon Musk highlighted challenges that come from the unpredictability of chip supplies and the hurdles he expects in ramping production at two new factories in Austin, Texas, and Berlin, later this year.\nTesla again delayed delivery of its semi-trailer truck—already two years late. The first trucks of this type are now slated for 2022. The company attributed the delay to supply-chain issues and limited battery-cell supply, as well as management trying to focus on getting new factories online. The company’s plans for its first pickup truck, once expected to go to customers as early as this year, are also being affected by parts issues.\nThis is what Musk told analysts last month:\n\n “While we’re making cars at full speed, the global chip-shortage situation remains quite serious. For the rest of this year, our growth rate will be determined by the slowest part in our supply chain.”\n\nRegulatory Probe\nBesides the risks to the market’s earnings consensus for this fiscal year, Tesla is facing a regulatory probe that could result in a massive recall.\nThe U.S.opened a formal investigation into Tesla’s Autopilot system last week after almost a dozen collisions involving first-responder vehicles. In the last seven years, Tesla has charged clients thousands of dollars for this feature.\nThe probe by the National Highway Traffic Safety Administration (NHTSA) covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014 model year onward. The regulator—which has the power to deem cars defective and order recalls—said it launched the investigation after 11 crashes that resulted in 17 injuries and one fatality.\nBloomberg reported that Tesla has been criticized for years for labeling the system in a potentially misleading way. Since late 2016, it has marketed this higher-level functionality feature as Full Self-Driving Capability. In reality, Autopilot is a driver-assistance system that maintains vehicles’ speed and keeps them centered in lanes when engaged, though the driver is supposed to supervise at all times.\nTesla now sells that package of features—often referred to as FSD—for $10,000 or $199 a month.\nAfter the NHTSA launched of the probe, two Democratic senators asked the Federal Trade Commission to also investigate Tesla over the company’s advertising of its Autopilot and FSD technology.\nIn a letter last Wednesday, Sen. Richard Blumenthal of Connecticut and Sen. Ed Markey of Massachusetts asked FTC Chair Lina Khan to examine whether Tesla used “potentially deceptive and unfair practices” in its marketing of those technologies.\n“We fear that Tesla’s Autopilot and FSD features are not as mature and reliable as the company pitches to the public,” they wrote, pointing to comments from Musk, as well as a 2019 YouTube video entitled “Full Self-Driving” and has a link to Tesla’s site.\nHighlighting these risks and how they could affect Tesla’s current stock price, however, shouldn’t hide the fact that there are many analysts who continue to remain bullish on TSLA. Piper Sandler reiterated its overweight rating on the stock and its price target of $1,200 this month.\nIn a note, analysts Alexander Potter and Winnie Dong said:\n\n “Bottom line: We still really like this stock. Tesla is still the driving force behind higher [battery electric vehicle] penetration globally.”\n\nBottom Line\nIt’s difficult to predict the future course for Tesla stock given the huge amount of speculative interest in this name. But recent developments show that it will be quite hard for the EV automaker to exceed expectations in this tough manufacturing environment.\nInvestors should trade this name with caution.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837490317,"gmtCreate":1629903271339,"gmtModify":1676530168453,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Noo","listText":"Noo","text":"Noo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837490317","repostId":"1195506103","repostType":4,"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890648721,"gmtCreate":1628117278563,"gmtModify":1703501353641,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Not good","listText":"Not good","text":"Not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890648721","repostId":"1127899199","repostType":4,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890648678,"gmtCreate":1628117251894,"gmtModify":1703501352140,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Noo","listText":"Noo","text":"Noo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890648678","repostId":"1127899199","repostType":4,"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809780576,"gmtCreate":1627393168095,"gmtModify":1703489029982,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Siao","listText":"Siao","text":"Siao","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809780576","repostId":"2154499207","repostType":4,"repost":{"id":"2154499207","kind":"highlight","pubTimestamp":1627387741,"share":"https://ttm.financial/m/news/2154499207?lang=&edition=fundamental","pubTime":"2021-07-27 20:09","market":"us","language":"en","title":"Think Cryptocurrency Is Too Risky? Invest in This Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=2154499207","media":"Motley Fool","summary":"You don't need to invest in crypto to profit off its success.","content":"<p>I'd never even heard of cryptocurrency until about four years ago when the 2017 <b>Bitcoin</b> boom made it virtually the only topic of discussion at my family's Christmas gathering that year. I bought in because I was curious and willing to take a risk. But there are many others who still aren't willing to invest, despite some popular coins hitting record highs this year. And that's totally OK.</p>\n<p>If you're wary about losing money, there is a way you can profit off of cryptocurrency's success without actually taking a huge gamble on this still largely speculative technology.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F634911%2Fperson-reading-on-laptop.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Nothing exists in a bubble</h2>\n<p>We tend to group investments into distinct categories -- financial stocks are different from energy stocks and consumer staples stocks are different from industrial stocks. But there's a degree of interdependence there. For example, as consumers began purchasing more of their everyday essentials online during the COVID-19 pandemic, online retailers made a huge profit. But so did companies like <b>UPS</b> and <b>FedEx</b> that were responsible for delivering a lot of those packages.</p>\n<p>Cryptocurrency experiences this same type of interdependence. You purchase cryptocurrency through dedicated cryptocurrency exchanges, and some popular digital payment platforms offer crypto trading now as well. And if you intend to mine cryptocurrency, you need a lot of computing power. It's virtually impossible to invest in cryptocurrency without relying upon businesses in other sectors, and that's the secret you can use to capitalize on cryptocurrency's potential success without actually investing in it.</p>\n<p>If cryptocurrency takes off like its investors hope, the cryptocurrency exchanges and the digital payment platforms people use to buy it are also going to profit, as are some of the companies that manufacture the graphics processing units (GPUs) essential to mining crypto. If you have your hand in these companies, you'll be able to enjoy some of the profits from their rising stock prices due to increased cryptocurrency adoption.</p>\n<p>But what's great is that you could still turn a profit even if cryptocurrency doesn't ever change the world. We use digital payment platforms and computers for other things, and as we move toward an increasingly digital world, the companies in these industries are likely going to turn a profit, regardless of what happens with cryptocurrency.</p>\n<h2>How to cash in on crypto without buying any crypto</h2>\n<p>We refer to the stocks of companies that stand to benefit from widespread cryptocurrency adoption as cryptocurrency stocks. While there are many to choose from, here's a small sampling of some of the best:</p>\n<ul>\n <li><b>Coinbase Global</b> (NASDAQ:COIN): Coinbase is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most popular cryptocurrency exchanges out there. It makes a profit every time someone purchases cryptocurrency through its platform. That makes it an obvious winner if cryptocurrency ever sees widespread use.</li>\n <li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b> (NASDAQ:PYPL): PayPal is a digital payment platform and it owns the peer-to-peer payment app, Venmo. Venmo also allows customers to trade cryptocurrency.</li>\n <li><b>NVIDIA</b> (NASDAQ:NVDA): NVIDIA is one of the top designers of GPUs. These are essential for mining cryptocurrency, and they're a part of every computer.</li>\n</ul>\n<p>Investing in a few of these companies is a great alternative to investing in cryptocurrency if you're unwilling to take a huge risk. But you're unlikely to become an overnight millionaire investing in them. Larger, more established companies typically don't see their share prices rise as quickly as some more speculative investments, like cryptocurrency, can. But if you're willing to buy and hold your investments for the long term, cryptocurrency stocks can be a valuable addition to your portfolio.</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>Think Cryptocurrency Is Too Risky? Invest in This 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\">\nThink Cryptocurrency Is Too Risky? Invest in This Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 20:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/27/think-cryptocurrency-is-too-risky-invest-in-this/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I'd never even heard of cryptocurrency until about four years ago when the 2017 Bitcoin boom made it virtually the only topic of discussion at my family's Christmas gathering that year. I bought in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/27/think-cryptocurrency-is-too-risky-invest-in-this/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","COIN":"Coinbase Global, Inc.","NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/07/27/think-cryptocurrency-is-too-risky-invest-in-this/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154499207","content_text":"I'd never even heard of cryptocurrency until about four years ago when the 2017 Bitcoin boom made it virtually the only topic of discussion at my family's Christmas gathering that year. I bought in because I was curious and willing to take a risk. But there are many others who still aren't willing to invest, despite some popular coins hitting record highs this year. And that's totally OK.\nIf you're wary about losing money, there is a way you can profit off of cryptocurrency's success without actually taking a huge gamble on this still largely speculative technology.\nImage source: Getty Images.\nNothing exists in a bubble\nWe tend to group investments into distinct categories -- financial stocks are different from energy stocks and consumer staples stocks are different from industrial stocks. But there's a degree of interdependence there. For example, as consumers began purchasing more of their everyday essentials online during the COVID-19 pandemic, online retailers made a huge profit. But so did companies like UPS and FedEx that were responsible for delivering a lot of those packages.\nCryptocurrency experiences this same type of interdependence. You purchase cryptocurrency through dedicated cryptocurrency exchanges, and some popular digital payment platforms offer crypto trading now as well. And if you intend to mine cryptocurrency, you need a lot of computing power. It's virtually impossible to invest in cryptocurrency without relying upon businesses in other sectors, and that's the secret you can use to capitalize on cryptocurrency's potential success without actually investing in it.\nIf cryptocurrency takes off like its investors hope, the cryptocurrency exchanges and the digital payment platforms people use to buy it are also going to profit, as are some of the companies that manufacture the graphics processing units (GPUs) essential to mining crypto. If you have your hand in these companies, you'll be able to enjoy some of the profits from their rising stock prices due to increased cryptocurrency adoption.\nBut what's great is that you could still turn a profit even if cryptocurrency doesn't ever change the world. We use digital payment platforms and computers for other things, and as we move toward an increasingly digital world, the companies in these industries are likely going to turn a profit, regardless of what happens with cryptocurrency.\nHow to cash in on crypto without buying any crypto\nWe refer to the stocks of companies that stand to benefit from widespread cryptocurrency adoption as cryptocurrency stocks. While there are many to choose from, here's a small sampling of some of the best:\n\nCoinbase Global (NASDAQ:COIN): Coinbase is one of the most popular cryptocurrency exchanges out there. It makes a profit every time someone purchases cryptocurrency through its platform. That makes it an obvious winner if cryptocurrency ever sees widespread use.\nPayPal (NASDAQ:PYPL): PayPal is a digital payment platform and it owns the peer-to-peer payment app, Venmo. Venmo also allows customers to trade cryptocurrency.\nNVIDIA (NASDAQ:NVDA): NVIDIA is one of the top designers of GPUs. These are essential for mining cryptocurrency, and they're a part of every computer.\n\nInvesting in a few of these companies is a great alternative to investing in cryptocurrency if you're unwilling to take a huge risk. But you're unlikely to become an overnight millionaire investing in them. Larger, more established companies typically don't see their share prices rise as quickly as some more speculative investments, like cryptocurrency, can. But if you're willing to buy and hold your investments for the long term, cryptocurrency stocks can be a valuable addition to your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9907244175,"gmtCreate":1660204976901,"gmtModify":1703479088333,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907244175","repostId":"1103823286","repostType":2,"repost":{"id":"1103823286","kind":"news","pubTimestamp":1660231920,"share":"https://ttm.financial/m/news/1103823286?lang=&edition=fundamental","pubTime":"2022-08-11 23:32","market":"us","language":"en","title":"Alibaba: More Bad News","url":"https://stock-news.laohu8.com/highlight/detail?id=1103823286","media":"Seeking Alpha","summary":"SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors should","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba&#39;s shares are trading at seemingly attractive valuation multiples but investors shouldn&#39;t fall into the trap.</li><li>Prospects for investing in Alibaba have significantly deteriorated in recent weeks.</li><li>Risk-averse investors may want to avoid the stock for the time being.</li></ul><p>Alibaba&#39;s (NYSE:BABA) (OTCPK:BABAF) shares are down over 50% in the last year and many investors are getting tempted to buy. The general rationale is that the stock has fallen enough already and that it should only rally on from here on out. While that might have been a compelling contrarian argument till a few weeks ago, it&#39;s now rife with problems, speculation and stretched assumptions. In this article, I&#39;ll explain why investors may want to avoid the value trap that Alibaba is gradually turning out to be. Let&#39;s take a closer look at it all.</p><p><b>The Valuation Misconception</b></p><p>Let me start by saying that Alibaba&#39;s shares are trading at just 2.1-times its trailing twelve-month sales. This is quite low, especially when considering that the stock used to trade at over 24-times its sales back in 2015. Given this steep discount compared to its own prior levels, contrarian investors have been arguing that the stock is attractively valued and that it doesn&#39;t have much downside potential left from current levels.</p><p>While that sounds like a compelling argument, the problem here is that industry comparables are trading at even more attractive multiples. The chart below should put things in perspective. The X-axis plots the Price-to-Sales (or P/S) multiples for over 25 internet retail stocks that are listed on US bourses. Note how Alibaba is horizontally positioned slightly towards the right, indicating that its trading at levels that are marginally higher than the industry average.</p><p><img src=\"https://static.tigerbbs.com/f5d6db06c8da4548d2002f11348dc0e4\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/></p><p>BusinessQuant.com</p><p>Now, let&#39;s shift attention to the Y-axis, which plots the revenue growth rates for the same set of companies. Note how Alibaba is vertically positioned much lower than a broad swath of its other listed peers. This suggests that the stock is valued slightly higher than the industry average but its revenue growth rate is lower than most its peers in general. This implies that Alibaba&#39;s shares have room to correct further, in order to justify its subpar growth rate.</p><p>There are at least 14 other stocks classified in the internet retail industry, that are growing faster than Alibaba but trading at lower P/S multiples. This disparity is all the more prominent when we consider that Alibaba&#39;s US-listed shares offer an ownership only in a shell company floated in Cayman Islands, whereas its other attractively-priced US-based peers offer ownership in actual companies. Because of this difference in the nature of securities, Alibaba&#39;s shares should ideally be trading at a discount compared to its US-based peers in the first place, but it&#39;s actually trading at a slight premium instead. This should encourage contrarian investors to reconsider their thesis for the e-commerce giant.</p><p><b>The Growth Slowdown</b></p><p>Moving on, the Chinese government hasn&#39;t hiked its interest rates in recent months, unlike the US. This suggests the Chinese economy will continue growing at a relatively faster pace and companies operating there should, at least in theory, thrive while other global economies stagnate and/or go into recession. This industry tailwind should indeed boost Alibaba&#39;s growth prospects and it&#39;s admittedly a silver lining in the whole contrarian narrative.</p><p>But there&#39;s a problem here as well. Hindering consumer spending in Q3 may trigger a more profound slowdown for Alibaba and other similarly positioned Chinese e-commerce companies, negating the positives of low interest rates in the country. This is gradually reflected in the Street&#39;s forecasts - note how analysts have been gradually lowering their revenue estimates for the company in nearly every passing week.</p><p><img src=\"https://static.tigerbbs.com/e2fe58214fe586338142e205e80429ea\" tg-width=\"637\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p>This situation should again encourage investors to rethink their rationale for Alibaba.</p><p><b>The Delisting Risk</b></p><p>Lastly, contrarian investors are hopeful that delisting fears pertaining to Alibaba are exaggerated and not really a matter of concern. However, the risk is very real. The SEC published a yet another list about 10 days ago, noting that Alibaba and 270 other Chinese companies will be forcefully delisted from US bourses if they don&#39;t open up for audit inspections.</p><p>Chinese regulators had reassured investors earlier this year that they&#39;re going to work with the SEC and comply with their audit requirements, in order to prevent mass delisting of Chinese stocks from US bourses. But I&#39;ve been warning investors that the regulators haven&#39;t been making any progress and the risk remains. The prospect of such progress seems even more unlikely now.</p><p>One might argue that Alibaba is listed on Hong Kong bourses so a delisting in the US won&#39;t make a difference. But it will. The prospect of Alibaba&#39;s shares getting delisted in the US, is likely to prompt a mass selloff by institutional investors that have mandates to invest in only US stocks. Besides, the financial cost of owning Hong Kong-listed stocks is far higher for US citizens, so retail investors are likely to sell their shares too in large numbers.</p><p>Moreover, it&#39;s not like Hong Kong-listed shares have been performing any better than their US-listed shares. Both the stocks have continuously declined for the better part of the past year and I expect the downtrend to continue in Hong Kong listed shares going forward as well, given the deteriorating growth prospects for Alibaba as a company and its stretched valuation in general.</p><p><img src=\"https://static.tigerbbs.com/e429e60a44011b271d8005a772849ddd\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/></p><p>Yahoo Finance</p><p><b>Final Thoughts</b></p><p>There&#39;s no denying that Alibaba has grown its top line at a rapid rate in the past decade. The company has expanded its operations over time and its different revenue streams have all continued to grow over the years. This is a commendable feat and an enviable position to be in.</p><p><img src=\"https://static.tigerbbs.com/44d14b4467c4d87ffa64fe2f60f01bb1\" tg-width=\"640\" tg-height=\"672\" referrerpolicy=\"no-referrer\"/></p><p>BusinessQuant.com</p><p>However, there are now several risks associated with investing in Alibaba, namely decelerating revenue growth, the risk of getting delisted from US exchanges and its relatively pricey valuations in general. So, risk-averse investors may want to avoid investing in Alibaba for the time being at least. The stock seems tempting at current levels, but it&#39;s rife with issues.</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>Alibaba: More Bad News</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: More Bad News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors shouldn't fall into the trap.Prospects for investing in Alibaba have significantly deteriorated in recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3\">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/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103823286","content_text":"SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors shouldn't fall into the trap.Prospects for investing in Alibaba have significantly deteriorated in recent weeks.Risk-averse investors may want to avoid the stock for the time being.Alibaba's (NYSE:BABA) (OTCPK:BABAF) shares are down over 50% in the last year and many investors are getting tempted to buy. The general rationale is that the stock has fallen enough already and that it should only rally on from here on out. While that might have been a compelling contrarian argument till a few weeks ago, it's now rife with problems, speculation and stretched assumptions. In this article, I'll explain why investors may want to avoid the value trap that Alibaba is gradually turning out to be. Let's take a closer look at it all.The Valuation MisconceptionLet me start by saying that Alibaba's shares are trading at just 2.1-times its trailing twelve-month sales. This is quite low, especially when considering that the stock used to trade at over 24-times its sales back in 2015. Given this steep discount compared to its own prior levels, contrarian investors have been arguing that the stock is attractively valued and that it doesn't have much downside potential left from current levels.While that sounds like a compelling argument, the problem here is that industry comparables are trading at even more attractive multiples. The chart below should put things in perspective. The X-axis plots the Price-to-Sales (or P/S) multiples for over 25 internet retail stocks that are listed on US bourses. Note how Alibaba is horizontally positioned slightly towards the right, indicating that its trading at levels that are marginally higher than the industry average.BusinessQuant.comNow, let's shift attention to the Y-axis, which plots the revenue growth rates for the same set of companies. Note how Alibaba is vertically positioned much lower than a broad swath of its other listed peers. This suggests that the stock is valued slightly higher than the industry average but its revenue growth rate is lower than most its peers in general. This implies that Alibaba's shares have room to correct further, in order to justify its subpar growth rate.There are at least 14 other stocks classified in the internet retail industry, that are growing faster than Alibaba but trading at lower P/S multiples. This disparity is all the more prominent when we consider that Alibaba's US-listed shares offer an ownership only in a shell company floated in Cayman Islands, whereas its other attractively-priced US-based peers offer ownership in actual companies. Because of this difference in the nature of securities, Alibaba's shares should ideally be trading at a discount compared to its US-based peers in the first place, but it's actually trading at a slight premium instead. This should encourage contrarian investors to reconsider their thesis for the e-commerce giant.The Growth SlowdownMoving on, the Chinese government hasn't hiked its interest rates in recent months, unlike the US. This suggests the Chinese economy will continue growing at a relatively faster pace and companies operating there should, at least in theory, thrive while other global economies stagnate and/or go into recession. This industry tailwind should indeed boost Alibaba's growth prospects and it's admittedly a silver lining in the whole contrarian narrative.But there's a problem here as well. Hindering consumer spending in Q3 may trigger a more profound slowdown for Alibaba and other similarly positioned Chinese e-commerce companies, negating the positives of low interest rates in the country. This is gradually reflected in the Street's forecasts - note how analysts have been gradually lowering their revenue estimates for the company in nearly every passing week.YchartsThis situation should again encourage investors to rethink their rationale for Alibaba.The Delisting RiskLastly, contrarian investors are hopeful that delisting fears pertaining to Alibaba are exaggerated and not really a matter of concern. However, the risk is very real. The SEC published a yet another list about 10 days ago, noting that Alibaba and 270 other Chinese companies will be forcefully delisted from US bourses if they don't open up for audit inspections.Chinese regulators had reassured investors earlier this year that they're going to work with the SEC and comply with their audit requirements, in order to prevent mass delisting of Chinese stocks from US bourses. But I've been warning investors that the regulators haven't been making any progress and the risk remains. The prospect of such progress seems even more unlikely now.One might argue that Alibaba is listed on Hong Kong bourses so a delisting in the US won't make a difference. But it will. The prospect of Alibaba's shares getting delisted in the US, is likely to prompt a mass selloff by institutional investors that have mandates to invest in only US stocks. Besides, the financial cost of owning Hong Kong-listed stocks is far higher for US citizens, so retail investors are likely to sell their shares too in large numbers.Moreover, it's not like Hong Kong-listed shares have been performing any better than their US-listed shares. Both the stocks have continuously declined for the better part of the past year and I expect the downtrend to continue in Hong Kong listed shares going forward as well, given the deteriorating growth prospects for Alibaba as a company and its stretched valuation in general.Yahoo FinanceFinal ThoughtsThere's no denying that Alibaba has grown its top line at a rapid rate in the past decade. The company has expanded its operations over time and its different revenue streams have all continued to grow over the years. This is a commendable feat and an enviable position to be in.BusinessQuant.comHowever, there are now several risks associated with investing in Alibaba, namely decelerating revenue growth, the risk of getting delisted from US exchanges and its relatively pricey valuations in general. So, risk-averse investors may want to avoid investing in Alibaba for the time being at least. The stock seems tempting at current levels, but it's rife with issues.","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157029800,"gmtCreate":1625555538200,"gmtModify":1703743603328,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157029800","repostId":"1132297948","repostType":4,"repost":{"id":"1132297948","kind":"news","pubTimestamp":1625624046,"share":"https://ttm.financial/m/news/1132297948?lang=&edition=fundamental","pubTime":"2021-07-07 10:14","market":"hk","language":"en","title":"Hong Kong stock exchange rose 4% in wednesday morning tradin","url":"https://stock-news.laohu8.com/highlight/detail?id=1132297948","media":"Tiger Newspress","summary":"HKEX$$rose 4% in wednesday morning trading.Hong Kong stock exchange is set to shorten the time for an initial public offering from pricing to listing to two days from the current five by the fourth quarter next year at the earliest, aligning its market more with other financial hubs.Through a digital platform known as “FINI,” brokers, underwriters and regulators and other involved parties will be able to monitor and coordinate work flow of the whole process through to the start of trading, accor","content":"<p>HKEX<a href=\"https://laohu8.com/S/00388\">$(00388)$</a>rose 4% in wednesday morning trading.<img src=\"https://static.tigerbbs.com/006da7cd1ca220233662d164638afbdb\" tg-width=\"697\" tg-height=\"531\" referrerpolicy=\"no-referrer\">Hong Kong stock exchange is set to shorten the time for an initial public offering from pricing to listing to two days from the current five by the fourth quarter next year at the earliest, aligning its market more with other financial hubs.</p>\n<p>Through a digital platform known as “FINI,” brokers, underwriters and regulators and other involved parties will be able to monitor and coordinate work flow of the whole process through to the start of trading, according to a Hong Kong Exchanges &amp; Clearing Ltd. statement on Tuesday.</p>\n<p>The change will allow for a settlement cycle of two days, known as T+2, paring back an initial proposal of just <a href=\"https://laohu8.com/S/AONE\">one</a> settlement day. The shorter cycle will likely cut income for brokerages who can earn interest on cash placed by investors during the settlement period.</p>\n<p>The move will drive market efficiency and reinforce “Hong Kong’s position as the world’s premier IPO market,” HKEX’s Chief Executive Officer Nicolas Aguzin said in thestatement.</p>\n<p>Hong Kong has seen HK$30.32 billion ($3.9 billion) raised through IPOs so far this year. But the long settlement cycle has often dried up liquidity in the local money market, pushing up short-term interest rates and adding risks for the city’s currency peg with dollar.</p>\n<p>The new platform would help to solve another local problem where retail investors have placed duplicate orders through different brokers to have a better chance of getting shares in popular IPOs, a practice that has been banned by local securities rules but has yet to be eradicated over the years.</p>\n<p>The bourse also announced that starting Monday all companies seeking to sell shares on the Asian bourse must do itentirely electronically.</p>\n<p>Hong Kong Looks to Speed Up IPO Process to Reduce Risks (1)</p>","source":"lsy1610602759241","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>Hong Kong stock exchange rose 4% in wednesday morning tradin</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\">\nHong Kong stock exchange rose 4% in wednesday morning tradin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-06/hong-kong-to-shorten-ipo-cycle-by-fourth-quarter-next-year?srnd=premium-asia><strong>Tiger Newspress</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HKEX$(00388)$rose 4% in wednesday morning trading.Hong Kong stock exchange is set to shorten the time for an initial public offering from pricing to listing to two days from the current five by the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-06/hong-kong-to-shorten-ipo-cycle-by-fourth-quarter-next-year?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00388":"香港交易所"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-06/hong-kong-to-shorten-ipo-cycle-by-fourth-quarter-next-year?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132297948","content_text":"HKEX$(00388)$rose 4% in wednesday morning trading.Hong Kong stock exchange is set to shorten the time for an initial public offering from pricing to listing to two days from the current five by the fourth quarter next year at the earliest, aligning its market more with other financial hubs.\nThrough a digital platform known as “FINI,” brokers, underwriters and regulators and other involved parties will be able to monitor and coordinate work flow of the whole process through to the start of trading, according to a Hong Kong Exchanges & Clearing Ltd. statement on Tuesday.\nThe change will allow for a settlement cycle of two days, known as T+2, paring back an initial proposal of just one settlement day. The shorter cycle will likely cut income for brokerages who can earn interest on cash placed by investors during the settlement period.\nThe move will drive market efficiency and reinforce “Hong Kong’s position as the world’s premier IPO market,” HKEX’s Chief Executive Officer Nicolas Aguzin said in thestatement.\nHong Kong has seen HK$30.32 billion ($3.9 billion) raised through IPOs so far this year. But the long settlement cycle has often dried up liquidity in the local money market, pushing up short-term interest rates and adding risks for the city’s currency peg with dollar.\nThe new platform would help to solve another local problem where retail investors have placed duplicate orders through different brokers to have a better chance of getting shares in popular IPOs, a practice that has been banned by local securities rules but has yet to be eradicated over the years.\nThe bourse also announced that starting Monday all companies seeking to sell shares on the Asian bourse must do itentirely electronically.\nHong Kong Looks to Speed Up IPO Process to Reduce Risks (1)","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077664653,"gmtCreate":1658509495072,"gmtModify":1676536169753,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077664653","repostId":"1129943769","repostType":4,"repost":{"id":"1129943769","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1658498563,"share":"https://ttm.financial/m/news/1129943769?lang=&edition=fundamental","pubTime":"2022-07-22 22:02","market":"us","language":"en","title":"EV Stocks Slid in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1129943769","media":"Tiger Newspress","summary":"EV stocks slid in morning trading. Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Faraday Future","content":"<html><head></head><body><p>EV stocks slid in morning trading. Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Faraday Future, Tusimple Holdings, Lordstown, Workhorse, Arrival and Fisker fell between 2% and 30%.</p><p><img src=\"https://static.tigerbbs.com/6991bf751a44375b2f7cb769d7c5dd5c\" tg-width=\"404\" tg-height=\"715\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/d2ca4acaf67e97d586ccaf7b25fb89fb\" tg-width=\"397\" tg-height=\"298\" 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 Slid in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Stocks Slid in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-22 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV stocks slid in morning trading. Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Faraday Future, Tusimple Holdings, Lordstown, Workhorse, Arrival and Fisker fell between 2% and 30%.</p><p><img src=\"https://static.tigerbbs.com/6991bf751a44375b2f7cb769d7c5dd5c\" tg-width=\"404\" tg-height=\"715\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/d2ca4acaf67e97d586ccaf7b25fb89fb\" tg-width=\"397\" tg-height=\"298\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKLA":"Nikola Corporation","CENN":"Cenntro Electric Group Limited","PSNY":"极星汽车","NIU":"小牛电动","LCID":"Lucid Group Inc","FFIE":"Faraday Future","LI":"理想汽车","NIO":"蔚来","XPEV":"小鹏汽车","RIVN":"Rivian Automotive, Inc.","FSR":"菲斯克","WKHS":"Workhorse Group, Inc.","GOEV":"Canoo Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129943769","content_text":"EV stocks slid in morning trading. Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Faraday Future, Tusimple Holdings, Lordstown, Workhorse, Arrival and Fisker fell between 2% and 30%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810460220,"gmtCreate":1629993104460,"gmtModify":1676530196247,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gh","listText":"Gh","text":"Gh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810460220","repostId":"1161561973","repostType":4,"repost":{"id":"1161561973","kind":"news","pubTimestamp":1629991651,"share":"https://ttm.financial/m/news/1161561973?lang=&edition=fundamental","pubTime":"2021-08-26 23:27","market":"us","language":"en","title":"Can Tesla Shares Hit $900 Again This Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161561973","media":"investing.com","summary":"Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling","content":"<p>Electric vehicle maker <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past three months, outperforming the benchmark&nbsp;NASDAQ 100&nbsp;Index.</p>\n<p>The biggest question Tesla bulls now have is, whether, on top of the current gains, can the EV manufacturer's stock push through back to the all-time high of $900 this year?</p>\n<p><img src=\"https://static.tigerbbs.com/b4b9078f00190f208dd63b32c4f617c6\" tg-width=\"651\" tg-height=\"708\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Tesla Weekly Chart.</p>\n<p>Given the highly volatile nature of the stock, it’s tough to predict whether the current Tesla rally has legs. But it’s important to note that the outlook for its car sales is becoming more uncertain than it was a year ago.</p>\n<p>First, the global chip shortage continues to cast doubt on Tesla’s ambitious sales targets for 2021. Chief Executive Officer Elon Musk highlighted challenges that come from the unpredictability of chip supplies and the hurdles he expects in ramping production at two new factories in Austin, Texas, and Berlin, later this year.</p>\n<p>Tesla again delayed delivery of its semi-trailer truck—already two years late. The first trucks of this type are now slated for 2022. The company attributed the delay to supply-chain issues and limited battery-cell supply, as well as management trying to focus on getting new factories online. The company’s plans for its first pickup truck, once expected to go to customers as early as this year, are also being affected by parts issues.</p>\n<p>This is what Musk told analysts last month:</p>\n<blockquote>\n “While we’re making cars at full speed, the global chip-shortage situation remains quite serious. For the rest of this year, our growth rate will be determined by the slowest part in our supply chain.”\n</blockquote>\n<p>Regulatory Probe</p>\n<p>Besides the risks to the market’s earnings consensus for this fiscal year, Tesla is facing a regulatory probe that could result in a massive recall.</p>\n<p>The U.S.opened a formal investigation&nbsp;into Tesla’s Autopilot system last week after almost a dozen collisions involving first-responder vehicles. In the last seven years, Tesla has charged clients thousands of dollars for this feature.</p>\n<p>The probe by the National Highway Traffic Safety Administration (NHTSA) covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014 model year onward. The regulator—which has the power to deem cars defective and order recalls—said&nbsp;it launched the investigation after 11 crashes that resulted in 17 injuries and one fatality.</p>\n<p>Bloomberg reported&nbsp;that Tesla has been criticized for years for labeling the system in a potentially misleading way. Since late 2016, it has marketed this higher-level functionality feature as Full Self-Driving Capability. In reality, Autopilot is a driver-assistance system that maintains vehicles’ speed and keeps them centered in lanes when engaged, though the driver is supposed to supervise at all times.</p>\n<p>Tesla now sells that package of features—often referred to as FSD—for $10,000 or $199 a month.</p>\n<p>After the NHTSA launched of the probe, two Democratic senators asked the Federal Trade Commission to also investigate Tesla over the company’s advertising of its Autopilot and FSD technology.</p>\n<p>In a&nbsp;letter&nbsp;last Wednesday, Sen. Richard Blumenthal of Connecticut and Sen. Ed Markey of Massachusetts asked FTC Chair Lina Khan to examine whether Tesla used “potentially deceptive and unfair practices” in its marketing of those technologies.</p>\n<p>“We fear that Tesla’s Autopilot and FSD features are not as mature and reliable as the company pitches to the public,” they wrote, pointing to comments from Musk, as well as a 2019 YouTube video entitled “Full Self-Driving” and has a link to Tesla’s site.</p>\n<p>Highlighting these risks and how they could affect Tesla’s current stock price, however, shouldn’t hide the fact that there are many analysts who continue to remain bullish on TSLA. Piper Sandler reiterated its overweight rating on the stock and its price target of $1,200 this month.</p>\n<p>In a note, analysts Alexander Potter and Winnie Dong said:</p>\n<blockquote>\n “Bottom line: We still really like this stock. Tesla is still the driving force behind higher [battery electric vehicle] penetration globally.”\n</blockquote>\n<p><b>Bottom Line</b></p>\n<p>It’s difficult to predict the future course for Tesla stock given the huge amount of speculative interest in this name. But recent developments show that it will be quite hard for the EV automaker to exceed expectations in this tough manufacturing environment.</p>\n<p>Investors should trade this name with caution.</p>","source":"lsy1594375853987","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Tesla Shares Hit $900 Again This Year? </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Tesla Shares Hit $900 Again This Year? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999><strong>investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past ...</p>\n\n<a href=\"https://www.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999\">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.investing.com/analysis/can-tesla-shares-hit-900-again-this-year-200599999","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161561973","content_text":"Electric vehicle maker Tesla Motors' (NASDAQ:TSLA) stock is picking up momentum again. After falling from a record high $900.40, hit intraday on Jan. 25, TSLA shares have gained 17% during the past three months, outperforming the benchmark NASDAQ 100 Index.\nThe biggest question Tesla bulls now have is, whether, on top of the current gains, can the EV manufacturer's stock push through back to the all-time high of $900 this year?\nTesla Weekly Chart.\nGiven the highly volatile nature of the stock, it’s tough to predict whether the current Tesla rally has legs. But it’s important to note that the outlook for its car sales is becoming more uncertain than it was a year ago.\nFirst, the global chip shortage continues to cast doubt on Tesla’s ambitious sales targets for 2021. Chief Executive Officer Elon Musk highlighted challenges that come from the unpredictability of chip supplies and the hurdles he expects in ramping production at two new factories in Austin, Texas, and Berlin, later this year.\nTesla again delayed delivery of its semi-trailer truck—already two years late. The first trucks of this type are now slated for 2022. The company attributed the delay to supply-chain issues and limited battery-cell supply, as well as management trying to focus on getting new factories online. The company’s plans for its first pickup truck, once expected to go to customers as early as this year, are also being affected by parts issues.\nThis is what Musk told analysts last month:\n\n “While we’re making cars at full speed, the global chip-shortage situation remains quite serious. For the rest of this year, our growth rate will be determined by the slowest part in our supply chain.”\n\nRegulatory Probe\nBesides the risks to the market’s earnings consensus for this fiscal year, Tesla is facing a regulatory probe that could result in a massive recall.\nThe U.S.opened a formal investigation into Tesla’s Autopilot system last week after almost a dozen collisions involving first-responder vehicles. In the last seven years, Tesla has charged clients thousands of dollars for this feature.\nThe probe by the National Highway Traffic Safety Administration (NHTSA) covers an estimated 765,000 Tesla Model Y, X, S and 3 vehicles from the 2014 model year onward. The regulator—which has the power to deem cars defective and order recalls—said it launched the investigation after 11 crashes that resulted in 17 injuries and one fatality.\nBloomberg reported that Tesla has been criticized for years for labeling the system in a potentially misleading way. Since late 2016, it has marketed this higher-level functionality feature as Full Self-Driving Capability. In reality, Autopilot is a driver-assistance system that maintains vehicles’ speed and keeps them centered in lanes when engaged, though the driver is supposed to supervise at all times.\nTesla now sells that package of features—often referred to as FSD—for $10,000 or $199 a month.\nAfter the NHTSA launched of the probe, two Democratic senators asked the Federal Trade Commission to also investigate Tesla over the company’s advertising of its Autopilot and FSD technology.\nIn a letter last Wednesday, Sen. Richard Blumenthal of Connecticut and Sen. Ed Markey of Massachusetts asked FTC Chair Lina Khan to examine whether Tesla used “potentially deceptive and unfair practices” in its marketing of those technologies.\n“We fear that Tesla’s Autopilot and FSD features are not as mature and reliable as the company pitches to the public,” they wrote, pointing to comments from Musk, as well as a 2019 YouTube video entitled “Full Self-Driving” and has a link to Tesla’s site.\nHighlighting these risks and how they could affect Tesla’s current stock price, however, shouldn’t hide the fact that there are many analysts who continue to remain bullish on TSLA. Piper Sandler reiterated its overweight rating on the stock and its price target of $1,200 this month.\nIn a note, analysts Alexander Potter and Winnie Dong said:\n\n “Bottom line: We still really like this stock. Tesla is still the driving force behind higher [battery electric vehicle] penetration globally.”\n\nBottom Line\nIt’s difficult to predict the future course for Tesla stock given the huge amount of speculative interest in this name. But recent developments show that it will be quite hard for the EV automaker to exceed expectations in this tough manufacturing environment.\nInvestors should trade this name with caution.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837490317,"gmtCreate":1629903271339,"gmtModify":1676530168453,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Noo","listText":"Noo","text":"Noo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837490317","repostId":"1195506103","repostType":4,"repost":{"id":"1195506103","kind":"news","pubTimestamp":1629901738,"share":"https://ttm.financial/m/news/1195506103?lang=&edition=fundamental","pubTime":"2021-08-25 22:28","market":"us","language":"en","title":"Palantir: Shareholder Unfriendly Company With Limited Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1195506103","media":"Seeking Alpha","summary":"Summary\n\nPalantir continues to widen its net loss despite improving its top-line performance.\nThe ex","content":"<p><b>Summary</b></p>\n<ul>\n <li>Palantir continues to widen its net loss despite improving its top-line performance.</li>\n <li>The excessive stock-based compensation program continues to eat all the profits and overshadows any growth of revenues or FCF.</li>\n <li>We stick to our opinion that Palantir is not going to be able to create a lot of shareholder value anytime soon.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5c6d796592faec81d9a29502efa9c0\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>Michael Vi/iStock Editorial via Getty Images</span></p>\n<p>The recent Q2 earnings report showed that Palantir (PLTR) continues to struggle to improve its bottom-line performance, as the company spends too much on its excessive stock-based compensation program, which eats all the profits and overshadows any growth of revenues or FCF. In addition, the massive dilution since the beginning of the year and the constant selling pressure from the company's insiders are preventing Palantir's shares from appreciating as well. Also, the fact that Palantir has underperformed against the S&amp;P 500 index in recent months and its stock hasn't moved much since March proves our point that the company is not an attractive investment at this stage, as there's every reason to believe that not a lot of shareholder value will be created anytime soon. For that reason, we continue to believe that it's better to invest in other, more attractive opportunities on the market and avoid Palantir.</p>\n<p><b>There's Nothing Attractive About This Stock</b></p>\n<p>A lot has been said about Palantir's business and its advantages against other competitors in recent articles on the company, so we won't be discussing it in this article. However, while Palantir certainly has some major advantages since its software solutions are hard to replicate, we also believe that at this stage it doesn't matter how strong its business is, as certain factors are likely going to continue to prevent the company's stock from appreciating anytime soon. Let's not ignore the fact that Palantir's stock has depreciated by over 45% from its all-time high, it also hasn't moved much since we started&nbsp;covering&nbsp;the company on Seeking Alpha in March, and we continue to believe that not a lot of shareholder value will be created anytime soon.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/448991dec6028a9ec320f12e9d0f14f1\" tg-width=\"1280\" tg-height=\"443\" width=\"100%\" height=\"auto\"><span>Chart: Seeking Alpha</span></p>\n<p>The latest earnings&nbsp;report&nbsp;for Q2, which was released earlier this month, showed that Palantir is still unable to improve its bottom-line performance despite growing its business. While its revenue has&nbsp;increased&nbsp;by 10.1% Q/Q to $375.64 million and its gross profit has increased by 6.6% Q/Q to $284.7 million, its operating loss has increased at a greater rate of 28.2% Q/Q to -$146.1 million, while its net loss has widened by 12.2% Q/Q to -$138.6 million. The reason for such a weak performance is the excessive stock-based compensation program, which will prevent the company from reporting a profit, as already over $400 million were spent on the SBC program in the first six months of the current fiscal year. In Q2 alone, Palantir increased its stock-based compensation expenses by 82% Y/Y to $232.7 million, and further expenses in Q3 and Q4 will overshadow any growth of revenues or FCF this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7dd0114d8a61c1246ef79b64fbc68f2\" tg-width=\"748\" tg-height=\"129\" width=\"100%\" height=\"auto\"><span>Source: Palantir</span></p>\n<p>Another problem with the excessive SBC program is that it constantly dilutes Palantir's shareholders. The company already has 1.89 billion shares outstanding, up&nbsp;from1.8 billion shares a month ago and up from 1.52 billion shares at the end of 2020. At the current dilution rate, investors should expect the company to have over 2 billion shares by the end of this year. This will not only diminish the stock value of current holders but will also make it harder for shares to appreciate higher due to the greater count. If in 2019 and 2020 Palantir's revenue per share stood at $1.29 per share and $1.12 per share, respectively, in the last trailing twelve months revenue per share has already declined to only $0.83 per share and is likely going to depreciate further in the following quarters. On top of that, considering that Palantir still has 417,674 options outstanding at the end of Q2 at the average exercise price of $6.90 per share, the risk of further dilution will remain high, especially since once all of those options are exercised, they will dilute all the investors by over 20%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d64c44e10997f737309cf33d72b9c15\" tg-width=\"760\" tg-height=\"166\" width=\"100%\" height=\"auto\"><span>Source: Palantir</span></p>\n<p>On top of all of this, the company's insiders and its CEO Alex Karp in particular continue to add additional selling pressure, which prevents shares from rising higher as well. In Q2 alone the company's insiders&nbsp;sold&nbsp;a record $197 million worth of Palantir's shares, while in the first half of Q3 they already sold $93 million worth of the company's shares, nearly the same amount that they sold in Q1. As more shares are being dumped into the market, it becomes harder and harder for the stock to rise. Considering that it's unlikely that insiders stop selling their shares, as they still own over 10% of outstanding shares and are increasing their total number of shares by exercising options every quarter, average shareholders shouldn't expect a rapid appreciation of Palantir's stock in the foreseeable future.</p>\n<p>Another downside of Palantir is that, even at the current price, it's not a cheap stock at all; with a market cap of $47 billion, it trades at 30 times its sales. As a result, an even greater top-line growth rate is required for the company to reach its current valuation, and that's unlikely to happen anytime soon. Currently, the street&nbsp;expects&nbsp;Palantir to generate only $1.5 billion in revenues in FY21, and by 2025 it's unlikely that the company will be able to generate annual revenue of over $3.5 billion. Considering that at this stage, Palantir has a backlog of contracts worth only $3.4 billion, which are extended over the next few years, it's safe to say that its stock is significantly overvalued at the current levels. We don't see how the company will grow into its current market value in the next few years, and since its shares currently trade close to the&nbsp;consensus&nbsp;price of $24.16 per share, it's safe to assume that Palantir has limited upside at the current levels.</p>\n<p><b>Takeaway</b></p>\n<p>Bullish investors in the comment section of our articles on Palantir often keep repeating that Amazon (AMZN) was also unprofitable for more than two decades, so the fact that Palantir is being unprofitable as well is not that big a deal at this stage. However, Amazon was reinvesting most of the available resources back into its business to aggressively drive growth, which in the end was justifiable, as the company is now making money every quarter and is the biggest eCommerce company in the world. The same is not the case for Palantir, where insiders are constantly issuing new shares and then dumping them into the market, which constantly dilutes the existing shareholders, widens the overall net loss, and doesn't benefit the business. On top of that, Palantir is now investing in cryptocurrencies, SPACs, and gold bars, instead of its own business, which is something that Amazon wasn't doing and is not doing today. That's why comparing Palantir to Amazon doesn't make any sense.</p>\n<p>Considering this, we believe that it's unlikely that Palantir's stock will be able to appreciate significantly higher anytime soon, as the increased selling pressure, constant dilution, and overvaluation are the main reasons why its upside will remain limited at the current price. Therefore, no position.</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>Palantir: Shareholder Unfriendly Company With Limited Upside</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: Shareholder Unfriendly Company With Limited Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 22:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451225-palantir-shareholder-unfriendly-company-with-limited-upside-pltr><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPalantir continues to widen its net loss despite improving its top-line performance.\nThe excessive stock-based compensation program continues to eat all the profits and overshadows any growth...</p>\n\n<a href=\"https://seekingalpha.com/article/4451225-palantir-shareholder-unfriendly-company-with-limited-upside-pltr\">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/4451225-palantir-shareholder-unfriendly-company-with-limited-upside-pltr","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195506103","content_text":"Summary\n\nPalantir continues to widen its net loss despite improving its top-line performance.\nThe excessive stock-based compensation program continues to eat all the profits and overshadows any growth of revenues or FCF.\nWe stick to our opinion that Palantir is not going to be able to create a lot of shareholder value anytime soon.\n\nMichael Vi/iStock Editorial via Getty Images\nThe recent Q2 earnings report showed that Palantir (PLTR) continues to struggle to improve its bottom-line performance, as the company spends too much on its excessive stock-based compensation program, which eats all the profits and overshadows any growth of revenues or FCF. In addition, the massive dilution since the beginning of the year and the constant selling pressure from the company's insiders are preventing Palantir's shares from appreciating as well. Also, the fact that Palantir has underperformed against the S&P 500 index in recent months and its stock hasn't moved much since March proves our point that the company is not an attractive investment at this stage, as there's every reason to believe that not a lot of shareholder value will be created anytime soon. For that reason, we continue to believe that it's better to invest in other, more attractive opportunities on the market and avoid Palantir.\nThere's Nothing Attractive About This Stock\nA lot has been said about Palantir's business and its advantages against other competitors in recent articles on the company, so we won't be discussing it in this article. However, while Palantir certainly has some major advantages since its software solutions are hard to replicate, we also believe that at this stage it doesn't matter how strong its business is, as certain factors are likely going to continue to prevent the company's stock from appreciating anytime soon. Let's not ignore the fact that Palantir's stock has depreciated by over 45% from its all-time high, it also hasn't moved much since we started covering the company on Seeking Alpha in March, and we continue to believe that not a lot of shareholder value will be created anytime soon.\nChart: Seeking Alpha\nThe latest earnings report for Q2, which was released earlier this month, showed that Palantir is still unable to improve its bottom-line performance despite growing its business. While its revenue has increased by 10.1% Q/Q to $375.64 million and its gross profit has increased by 6.6% Q/Q to $284.7 million, its operating loss has increased at a greater rate of 28.2% Q/Q to -$146.1 million, while its net loss has widened by 12.2% Q/Q to -$138.6 million. The reason for such a weak performance is the excessive stock-based compensation program, which will prevent the company from reporting a profit, as already over $400 million were spent on the SBC program in the first six months of the current fiscal year. In Q2 alone, Palantir increased its stock-based compensation expenses by 82% Y/Y to $232.7 million, and further expenses in Q3 and Q4 will overshadow any growth of revenues or FCF this year.\nSource: Palantir\nAnother problem with the excessive SBC program is that it constantly dilutes Palantir's shareholders. The company already has 1.89 billion shares outstanding, up from1.8 billion shares a month ago and up from 1.52 billion shares at the end of 2020. At the current dilution rate, investors should expect the company to have over 2 billion shares by the end of this year. This will not only diminish the stock value of current holders but will also make it harder for shares to appreciate higher due to the greater count. If in 2019 and 2020 Palantir's revenue per share stood at $1.29 per share and $1.12 per share, respectively, in the last trailing twelve months revenue per share has already declined to only $0.83 per share and is likely going to depreciate further in the following quarters. On top of that, considering that Palantir still has 417,674 options outstanding at the end of Q2 at the average exercise price of $6.90 per share, the risk of further dilution will remain high, especially since once all of those options are exercised, they will dilute all the investors by over 20%.\nSource: Palantir\nOn top of all of this, the company's insiders and its CEO Alex Karp in particular continue to add additional selling pressure, which prevents shares from rising higher as well. In Q2 alone the company's insiders sold a record $197 million worth of Palantir's shares, while in the first half of Q3 they already sold $93 million worth of the company's shares, nearly the same amount that they sold in Q1. As more shares are being dumped into the market, it becomes harder and harder for the stock to rise. Considering that it's unlikely that insiders stop selling their shares, as they still own over 10% of outstanding shares and are increasing their total number of shares by exercising options every quarter, average shareholders shouldn't expect a rapid appreciation of Palantir's stock in the foreseeable future.\nAnother downside of Palantir is that, even at the current price, it's not a cheap stock at all; with a market cap of $47 billion, it trades at 30 times its sales. As a result, an even greater top-line growth rate is required for the company to reach its current valuation, and that's unlikely to happen anytime soon. Currently, the street expects Palantir to generate only $1.5 billion in revenues in FY21, and by 2025 it's unlikely that the company will be able to generate annual revenue of over $3.5 billion. Considering that at this stage, Palantir has a backlog of contracts worth only $3.4 billion, which are extended over the next few years, it's safe to say that its stock is significantly overvalued at the current levels. We don't see how the company will grow into its current market value in the next few years, and since its shares currently trade close to the consensus price of $24.16 per share, it's safe to assume that Palantir has limited upside at the current levels.\nTakeaway\nBullish investors in the comment section of our articles on Palantir often keep repeating that Amazon (AMZN) was also unprofitable for more than two decades, so the fact that Palantir is being unprofitable as well is not that big a deal at this stage. However, Amazon was reinvesting most of the available resources back into its business to aggressively drive growth, which in the end was justifiable, as the company is now making money every quarter and is the biggest eCommerce company in the world. The same is not the case for Palantir, where insiders are constantly issuing new shares and then dumping them into the market, which constantly dilutes the existing shareholders, widens the overall net loss, and doesn't benefit the business. On top of that, Palantir is now investing in cryptocurrencies, SPACs, and gold bars, instead of its own business, which is something that Amazon wasn't doing and is not doing today. That's why comparing Palantir to Amazon doesn't make any sense.\nConsidering this, we believe that it's unlikely that Palantir's stock will be able to appreciate significantly higher anytime soon, as the increased selling pressure, constant dilution, and overvaluation are the main reasons why its upside will remain limited at the current price. Therefore, no position.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900731458,"gmtCreate":1658763391674,"gmtModify":1676536203692,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9900731458","repostId":"1120144114","repostType":4,"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890648721,"gmtCreate":1628117278563,"gmtModify":1703501353641,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Not good","listText":"Not good","text":"Not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890648721","repostId":"1127899199","repostType":4,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890648678,"gmtCreate":1628117251894,"gmtModify":1703501352140,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Noo","listText":"Noo","text":"Noo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890648678","repostId":"1127899199","repostType":4,"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133839905,"gmtCreate":1621733580407,"gmtModify":1704361815781,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Hihi","listText":"Hihi","text":"Hihi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/133839905","repostId":"2137773902","repostType":4,"repost":{"id":"2137773902","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621608247,"share":"https://ttm.financial/m/news/2137773902?lang=&edition=fundamental","pubTime":"2021-05-21 22:44","market":"us","language":"en","title":"Samsung Elec to invest $17 bln in new chip foundry in u.s.-Blue House","url":"https://stock-news.laohu8.com/highlight/detail?id=2137773902","media":"Reuters","summary":"SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip c","content":"<p>SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip contract manufacturing in the United States, South Korea's presidential office said on Friday.</p>\n<p>Documents filed with Texas state officials previously showed that Samsung is considering Austin, Texas, as <a href=\"https://laohu8.com/S/AONE\">one</a> of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs.</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>Samsung Elec to invest $17 bln in new chip foundry in u.s.-Blue House</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\">\nSamsung Elec to invest $17 bln in new chip foundry in u.s.-Blue House\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\">2021-05-21 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip contract manufacturing in the United States, South Korea's presidential office said on Friday.</p>\n<p>Documents filed with Texas state officials previously showed that Samsung is considering Austin, Texas, as <a href=\"https://laohu8.com/S/AONE\">one</a> of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSNLF":"三星电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137773902","content_text":"SEOUL, May 21 (Reuters) - Samsung Electronics plans to invest $17 billion for a new plant for chip contract manufacturing in the United States, South Korea's presidential office said on Friday.\nDocuments filed with Texas state officials previously showed that Samsung is considering Austin, Texas, as one of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996596563,"gmtCreate":1661183524554,"gmtModify":1676536469400,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9996596563","repostId":"2261515445","repostType":4,"repost":{"id":"2261515445","kind":"highlight","pubTimestamp":1661177189,"share":"https://ttm.financial/m/news/2261515445?lang=&edition=fundamental","pubTime":"2022-08-22 22:06","market":"us","language":"en","title":"Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2261515445","media":"Motley Fool","summary":"Tesla's stock split will take place after the close of trading on Aug. 24, but don't expect to wake up to riches overnight.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Tesla shareholders voted in favor of a 3-for-1 stock split at the company&#39;s annual meeting on Aug. 4.</li><li>Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.</li><li>The shares will trade at a split-adjusted price on Aug. 25.</li></ul><p><b>Tesla</b> is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company&#39;s annual meeting this month.</p><p>If you&#39;re confused about stock splits, below is a breakdown of how they work, so you can set your expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae15e6e1d3574d71df0833be714bce02\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Stock splits are taking over headlines in 2022</b></p><p>Large tech companies have been dominating stock-split news this year. <b>Amazon</b> pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant <b>Shopify</b> completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, <b>Alphabet</b>, wrapped up a 20-for-1 stock split on July 15.</p><p>Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven&#39;t been following Tesla this year, here&#39;s a look at the company&#39;s stock-split timeline.</p><ul><li><b>March 28, 2022:</b> Tesla informed the SEC about its stock-split intentions via Form 8-K.</li><li><b>June 6, 2022:</b> If you were a shareholder as of close of business on this date, you received an invitation to Tesla&#39;s annual shareholders meeting.</li><li><b>June 10, 2022:</b> Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.</li><li><b>Aug. 4, 2022:</b> Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.</li><li><b>Aug. 17, 2022:</b> Stockholders of record on this date will receive two new shares for every one share they own.</li><li><b>Aug. 24, 2022:</b> The stock split will take place after the close of trading on this date.</li><li><b>Aug. 25, 2022:</b> Tesla shares will trade at a split-adjusted price on this date.</li></ul><p>As you can see, a stock split doesn&#39;t happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.</p><p><b>What happens when a stock splits?</b></p><p>A stock split may be popular, but that doesn&#39;t mean it&#39;s profitable. A stock split in itself won&#39;t make a company&#39;s market capitalization rise or change its intrinsic value. But it does increase the number of a company&#39;s outstanding shares. You&#39;ll notice more shares of a company stock in your account, but the overall value of your shares won&#39;t change. That&#39;s why a stock split is not a taxable event in itself. It doesn&#39;t leave you with more money in your pockets.</p><p>Let&#39;s dive into Tesla&#39;s stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.</p><p>If you own five shares of Tesla, you&#39;ll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you&#39;ll have 30 shares later. If you own fractional shares, you&#39;ll still have a chance to participate in the stock split. You&#39;ll just have to do the math to see how your fractional shares will multiply after the stock split.</p><p>You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it&#39;s easier to consume.</p><p>A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.</p><p><b>Is a stock split a positive sign for a company?</b></p><p>A stock split helps make a stock with a high price tag more affordable to retail investors. But that&#39;s not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.</p><p>Although stock splits sound fancy, they are more of a cosmetic change. It doesn&#39;t determine the long-term potential of a company. Don&#39;t fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management&#39;s leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.</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>Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders</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\">\nHere's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261515445","content_text":"KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.The shares will trade at a split-adjusted price on Aug. 25.Tesla is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company's annual meeting this month.If you're confused about stock splits, below is a breakdown of how they work, so you can set your expectations.Image source: Getty Images.Stock splits are taking over headlines in 2022Large tech companies have been dominating stock-split news this year. Amazon pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant Shopify completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, Alphabet, wrapped up a 20-for-1 stock split on July 15.Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven't been following Tesla this year, here's a look at the company's stock-split timeline.March 28, 2022: Tesla informed the SEC about its stock-split intentions via Form 8-K.June 6, 2022: If you were a shareholder as of close of business on this date, you received an invitation to Tesla's annual shareholders meeting.June 10, 2022: Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.Aug. 4, 2022: Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.Aug. 17, 2022: Stockholders of record on this date will receive two new shares for every one share they own.Aug. 24, 2022: The stock split will take place after the close of trading on this date.Aug. 25, 2022: Tesla shares will trade at a split-adjusted price on this date.As you can see, a stock split doesn't happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.What happens when a stock splits?A stock split may be popular, but that doesn't mean it's profitable. A stock split in itself won't make a company's market capitalization rise or change its intrinsic value. But it does increase the number of a company's outstanding shares. You'll notice more shares of a company stock in your account, but the overall value of your shares won't change. That's why a stock split is not a taxable event in itself. It doesn't leave you with more money in your pockets.Let's dive into Tesla's stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.If you own five shares of Tesla, you'll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you'll have 30 shares later. If you own fractional shares, you'll still have a chance to participate in the stock split. You'll just have to do the math to see how your fractional shares will multiply after the stock split.You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it's easier to consume.A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.Is a stock split a positive sign for a company?A stock split helps make a stock with a high price tag more affordable to retail investors. But that's not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.Although stock splits sound fancy, they are more of a cosmetic change. It doesn't determine the long-term potential of a company. Don't fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management's leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077664446,"gmtCreate":1658509538585,"gmtModify":1676536169761,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077664446","repostId":"2253058116","repostType":4,"repost":{"id":"2253058116","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1658499049,"share":"https://ttm.financial/m/news/2253058116?lang=&edition=fundamental","pubTime":"2022-07-22 22:10","market":"us","language":"en","title":"U.S. Business Activity Contracts in July for First Time in 2 Years, Survey Shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2253058116","media":"Reuters","summary":"July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July","content":"<html><head></head><body><p>July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July as a sharp slowdown in the service sector outweighed continued modest growth in manufacturing, painting a glum picture for an economy stunted by high inflation, rising interest rates and deteriorating consumer confidence.</p><p>S&amp;P Global on Friday said its preliminary - or &#34;flash&#34; - U.S. Composite PMI Output Index had tumbled far more than expected to 47.5 this month from a final reading of 52.3 in June. With a reading below 50 indicating business activity had contracted, it is a development likely to feed into a vocal debate over whether the U.S. economy is back in - or near - a recession after rebounding sharply from the downturn in early 2020 at the start of the COVID-19 pandemic.</p><p>July&#39;s fall marked the fourth monthly drop in a row and was largely driven by pronounced weakness in the services sector index, which fell to the lowest since May 2020 at 47.0 from 52.7 a month earlier. That was enough to offset relative steadiness in manufacturing, with the group&#39;s factory activity index edging down to 52.3 from 52.7, indicating the sector was still growing but now at its weakest pace since July 2020.</p><p>Economists polled by Reuters had a median estimate for the services sector index at 52.6, while the manufacturing index was seen coming in at 52.0.</p><p>&#34;The preliminary PMI data for July point to a worrying deterioration in the economy,&#34; S&amp;P Global Chief Business Economist Chris Williamson said in a statement. &#34;Excluding pandemic lockdown months, output is falling at a rate not seen since 2009 amid the global financial crisis.&#34;</p><p>S&amp;P Global&#39;s measures of new orders in the manufacturing sector, outstanding business in the services sector and future expectations in both fell to levels not seen since the first year of the pandemic.</p><p>The report was the latest in a spate of economic indicators that have &#34;surprised&#34; to the downside relative to economists&#39; expectations and have fueled anxiety from Wall Street to Main Street over whether the economy is stalling out. Citigroup&#39;s U.S. Economic Surprise Index last month registered its lowest reading since May 2020 and has remained negative so far in July.</p><p>The S&amp;P Global data point to U.S. gross domestic product falling at roughly a 1% annualized rate, Williamson said. The economy contracted at a 1.6% rate in the first quarter, largely because of business inventory management issues, and the government next week will provide its first reading of output in the second quarter, which some models suggest will show a second straight contraction.</p><p>The report also painted a picture of a softening employment scene, which so far has defied expectations for a notable slowdown, with unemployment still near a half-century low. S&amp;P Global said its manufacturing employment index dropped to the lowest since July 2020 while services employment registered its weakest growth since February.</p><p>On Thursday, the Labor Department reported that new claims for jobless benefits rose to the highest since November last week and that, as of a week earlier, the total number of people drawing unemployment assistance had risen to the highest since April. That said, both remain below historic norms.</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>U.S. Business Activity Contracts in July for First Time in 2 Years, Survey Shows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Business Activity Contracts in July for First Time in 2 Years, Survey Shows\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\">2022-07-22 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July as a sharp slowdown in the service sector outweighed continued modest growth in manufacturing, painting a glum picture for an economy stunted by high inflation, rising interest rates and deteriorating consumer confidence.</p><p>S&amp;P Global on Friday said its preliminary - or &#34;flash&#34; - U.S. Composite PMI Output Index had tumbled far more than expected to 47.5 this month from a final reading of 52.3 in June. With a reading below 50 indicating business activity had contracted, it is a development likely to feed into a vocal debate over whether the U.S. economy is back in - or near - a recession after rebounding sharply from the downturn in early 2020 at the start of the COVID-19 pandemic.</p><p>July&#39;s fall marked the fourth monthly drop in a row and was largely driven by pronounced weakness in the services sector index, which fell to the lowest since May 2020 at 47.0 from 52.7 a month earlier. That was enough to offset relative steadiness in manufacturing, with the group&#39;s factory activity index edging down to 52.3 from 52.7, indicating the sector was still growing but now at its weakest pace since July 2020.</p><p>Economists polled by Reuters had a median estimate for the services sector index at 52.6, while the manufacturing index was seen coming in at 52.0.</p><p>&#34;The preliminary PMI data for July point to a worrying deterioration in the economy,&#34; S&amp;P Global Chief Business Economist Chris Williamson said in a statement. &#34;Excluding pandemic lockdown months, output is falling at a rate not seen since 2009 amid the global financial crisis.&#34;</p><p>S&amp;P Global&#39;s measures of new orders in the manufacturing sector, outstanding business in the services sector and future expectations in both fell to levels not seen since the first year of the pandemic.</p><p>The report was the latest in a spate of economic indicators that have &#34;surprised&#34; to the downside relative to economists&#39; expectations and have fueled anxiety from Wall Street to Main Street over whether the economy is stalling out. Citigroup&#39;s U.S. Economic Surprise Index last month registered its lowest reading since May 2020 and has remained negative so far in July.</p><p>The S&amp;P Global data point to U.S. gross domestic product falling at roughly a 1% annualized rate, Williamson said. The economy contracted at a 1.6% rate in the first quarter, largely because of business inventory management issues, and the government next week will provide its first reading of output in the second quarter, which some models suggest will show a second straight contraction.</p><p>The report also painted a picture of a softening employment scene, which so far has defied expectations for a notable slowdown, with unemployment still near a half-century low. S&amp;P Global said its manufacturing employment index dropped to the lowest since July 2020 while services employment registered its weakest growth since February.</p><p>On Thursday, the Labor Department reported that new claims for jobless benefits rose to the highest since November last week and that, as of a week earlier, the total number of people drawing unemployment assistance had risen to the highest since April. That said, both remain below historic norms.</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":"2253058116","content_text":"July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July as a sharp slowdown in the service sector outweighed continued modest growth in manufacturing, painting a glum picture for an economy stunted by high inflation, rising interest rates and deteriorating consumer confidence.S&P Global on Friday said its preliminary - or \"flash\" - U.S. Composite PMI Output Index had tumbled far more than expected to 47.5 this month from a final reading of 52.3 in June. With a reading below 50 indicating business activity had contracted, it is a development likely to feed into a vocal debate over whether the U.S. economy is back in - or near - a recession after rebounding sharply from the downturn in early 2020 at the start of the COVID-19 pandemic.July's fall marked the fourth monthly drop in a row and was largely driven by pronounced weakness in the services sector index, which fell to the lowest since May 2020 at 47.0 from 52.7 a month earlier. That was enough to offset relative steadiness in manufacturing, with the group's factory activity index edging down to 52.3 from 52.7, indicating the sector was still growing but now at its weakest pace since July 2020.Economists polled by Reuters had a median estimate for the services sector index at 52.6, while the manufacturing index was seen coming in at 52.0.\"The preliminary PMI data for July point to a worrying deterioration in the economy,\" S&P Global Chief Business Economist Chris Williamson said in a statement. \"Excluding pandemic lockdown months, output is falling at a rate not seen since 2009 amid the global financial crisis.\"S&P Global's measures of new orders in the manufacturing sector, outstanding business in the services sector and future expectations in both fell to levels not seen since the first year of the pandemic.The report was the latest in a spate of economic indicators that have \"surprised\" to the downside relative to economists' expectations and have fueled anxiety from Wall Street to Main Street over whether the economy is stalling out. Citigroup's U.S. Economic Surprise Index last month registered its lowest reading since May 2020 and has remained negative so far in July.The S&P Global data point to U.S. gross domestic product falling at roughly a 1% annualized rate, Williamson said. The economy contracted at a 1.6% rate in the first quarter, largely because of business inventory management issues, and the government next week will provide its first reading of output in the second quarter, which some models suggest will show a second straight contraction.The report also painted a picture of a softening employment scene, which so far has defied expectations for a notable slowdown, with unemployment still near a half-century low. S&P Global said its manufacturing employment index dropped to the lowest since July 2020 while services employment registered its weakest growth since February.On Thursday, the Labor Department reported that new claims for jobless benefits rose to the highest since November last week and that, as of a week earlier, the total number of people drawing unemployment assistance had risen to the highest since April. That said, both remain below historic norms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900731720,"gmtCreate":1658763401260,"gmtModify":1676536203715,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900731720","repostId":"1120144114","repostType":4,"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096586349,"gmtCreate":1644420363214,"gmtModify":1676533924100,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096586349","repostId":"1144423043","repostType":4,"repost":{"id":"1144423043","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644417320,"share":"https://ttm.financial/m/news/1144423043?lang=&edition=fundamental","pubTime":"2022-02-09 22:35","market":"us","language":"en","title":"EV Stocks Jumped in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144423043","media":"Tiger Newspress","summary":"Tesla, Rivian, NIO, Xpeng, Li Auto, Nio, Lucid and Arrival rose between 2% and 8%.","content":"<html><head></head><body><p>Tesla, Rivian, NIO, Xpeng, Li Auto, Nio, Lucid and Arrival rose between 2% and 8%.<img src=\"https://static.tigerbbs.com/0138bacee93c1d7cc0ef5e91f183f771\" tg-width=\"385\" tg-height=\"638\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks Jumped in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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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\">2022-02-09 22:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla, Rivian, NIO, Xpeng, Li Auto, Nio, Lucid and Arrival rose between 2% and 8%.<img src=\"https://static.tigerbbs.com/0138bacee93c1d7cc0ef5e91f183f771\" tg-width=\"385\" tg-height=\"638\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","XPEV":"小鹏汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144423043","content_text":"Tesla, Rivian, NIO, Xpeng, Li Auto, Nio, Lucid and Arrival rose between 2% and 8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886054800,"gmtCreate":1631540790200,"gmtModify":1676530570246,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886054800","repostId":"1164835747","repostType":4,"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157029069,"gmtCreate":1625555500851,"gmtModify":1703743602671,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Greatt","listText":"Greatt","text":"Greatt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157029069","repostId":"1170571531","repostType":4,"repost":{"id":"1170571531","kind":"news","pubTimestamp":1625554310,"share":"https://ttm.financial/m/news/1170571531?lang=&edition=fundamental","pubTime":"2021-07-06 14:51","market":"us","language":"en","title":"Qatar fund holds 6% Credit Suisse stake due to convertible notes","url":"https://stock-news.laohu8.com/highlight/detail?id=1170571531","media":"Reuters","summary":"DUBAI, July 6 (Reuters) - Qatar Investment Authority (QIA) stake in Credit Suisse is 6%, higher than","content":"<p>DUBAI, July 6 (Reuters) - Qatar Investment Authority (QIA) stake in Credit Suisse is 6%, higher than earlier estimated, after it subscribed to two convertible notes, which will be converted into shares later this year, according to a regulatory filing.</p>\n<p>The new filing with the U.S. Securities and Exchange Commission shows the Qatari fund was among the investors who subscribed to Credit Suisse’s capital raising in April when the Swiss lender issued mandatory convertible notes.</p>\n<p>Stock exchange data still shows QIA’s stake of 4.84%, however the stake rises to 6.01% if the convertibles are taken into account, the new filing shows.</p>\n<p>Credit Suisse in April said the mandatory convertible notes will be converted upon six month maturity, but they could be subject to early conversion upon the occurrence of certain events.</p>\n<p>Credit Suisse has raised capital, halted share buybacks, cut its dividend and revamped management after losing more than $5 billion from the collapse of family office Archegos and suspending funds linked to Greensill.</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>Qatar fund holds 6% Credit Suisse stake due to convertible notes</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQatar fund holds 6% Credit Suisse stake due to convertible notes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 14:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/qatar-credit-suisse-gp/qatar-fund-holds-6-credit-suisse-stake-due-to-convertible-notes-filing-idUSL2N2OI0E2><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, July 6 (Reuters) - Qatar Investment Authority (QIA) stake in Credit Suisse is 6%, higher than earlier estimated, after it subscribed to two convertible notes, which will be converted into ...</p>\n\n<a href=\"https://www.reuters.com/article/qatar-credit-suisse-gp/qatar-fund-holds-6-credit-suisse-stake-due-to-convertible-notes-filing-idUSL2N2OI0E2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/qatar-credit-suisse-gp/qatar-fund-holds-6-credit-suisse-stake-due-to-convertible-notes-filing-idUSL2N2OI0E2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170571531","content_text":"DUBAI, July 6 (Reuters) - Qatar Investment Authority (QIA) stake in Credit Suisse is 6%, higher than earlier estimated, after it subscribed to two convertible notes, which will be converted into shares later this year, according to a regulatory filing.\nThe new filing with the U.S. Securities and Exchange Commission shows the Qatari fund was among the investors who subscribed to Credit Suisse’s capital raising in April when the Swiss lender issued mandatory convertible notes.\nStock exchange data still shows QIA’s stake of 4.84%, however the stake rises to 6.01% if the convertibles are taken into account, the new filing shows.\nCredit Suisse in April said the mandatory convertible notes will be converted upon six month maturity, but they could be subject to early conversion upon the occurrence of certain events.\nCredit Suisse has raised capital, halted share buybacks, cut its dividend and revamped management after losing more than $5 billion from the collapse of family office Archegos and suspending funds linked to Greensill.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157020118,"gmtCreate":1625555418134,"gmtModify":1703743601686,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MZH.SI\">$Nanofilm(MZH.SI)$</a>upppp","listText":"<a 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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":1658499049,"share":"https://ttm.financial/m/news/2253058116?lang=&edition=fundamental","pubTime":"2022-07-22 22:10","market":"us","language":"en","title":"U.S. Business Activity Contracts in July for First Time in 2 Years, Survey Shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2253058116","media":"Reuters","summary":"July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July","content":"<html><head></head><body><p>July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July as a sharp slowdown in the service sector outweighed continued modest growth in manufacturing, painting a glum picture for an economy stunted by high inflation, rising interest rates and deteriorating consumer confidence.</p><p>S&amp;P Global on Friday said its preliminary - or &#34;flash&#34; - U.S. Composite PMI Output Index had tumbled far more than expected to 47.5 this month from a final reading of 52.3 in June. With a reading below 50 indicating business activity had contracted, it is a development likely to feed into a vocal debate over whether the U.S. economy is back in - or near - a recession after rebounding sharply from the downturn in early 2020 at the start of the COVID-19 pandemic.</p><p>July&#39;s fall marked the fourth monthly drop in a row and was largely driven by pronounced weakness in the services sector index, which fell to the lowest since May 2020 at 47.0 from 52.7 a month earlier. That was enough to offset relative steadiness in manufacturing, with the group&#39;s factory activity index edging down to 52.3 from 52.7, indicating the sector was still growing but now at its weakest pace since July 2020.</p><p>Economists polled by Reuters had a median estimate for the services sector index at 52.6, while the manufacturing index was seen coming in at 52.0.</p><p>&#34;The preliminary PMI data for July point to a worrying deterioration in the economy,&#34; S&amp;P Global Chief Business Economist Chris Williamson said in a statement. &#34;Excluding pandemic lockdown months, output is falling at a rate not seen since 2009 amid the global financial crisis.&#34;</p><p>S&amp;P Global&#39;s measures of new orders in the manufacturing sector, outstanding business in the services sector and future expectations in both fell to levels not seen since the first year of the pandemic.</p><p>The report was the latest in a spate of economic indicators that have &#34;surprised&#34; to the downside relative to economists&#39; expectations and have fueled anxiety from Wall Street to Main Street over whether the economy is stalling out. Citigroup&#39;s U.S. Economic Surprise Index last month registered its lowest reading since May 2020 and has remained negative so far in July.</p><p>The S&amp;P Global data point to U.S. gross domestic product falling at roughly a 1% annualized rate, Williamson said. The economy contracted at a 1.6% rate in the first quarter, largely because of business inventory management issues, and the government next week will provide its first reading of output in the second quarter, which some models suggest will show a second straight contraction.</p><p>The report also painted a picture of a softening employment scene, which so far has defied expectations for a notable slowdown, with unemployment still near a half-century low. S&amp;P Global said its manufacturing employment index dropped to the lowest since July 2020 while services employment registered its weakest growth since February.</p><p>On Thursday, the Labor Department reported that new claims for jobless benefits rose to the highest since November last week and that, as of a week earlier, the total number of people drawing unemployment assistance had risen to the highest since April. That said, both remain below historic norms.</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>U.S. Business Activity Contracts in July for First Time in 2 Years, Survey Shows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Business Activity Contracts in July for First Time in 2 Years, Survey Shows\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\">2022-07-22 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July as a sharp slowdown in the service sector outweighed continued modest growth in manufacturing, painting a glum picture for an economy stunted by high inflation, rising interest rates and deteriorating consumer confidence.</p><p>S&amp;P Global on Friday said its preliminary - or &#34;flash&#34; - U.S. Composite PMI Output Index had tumbled far more than expected to 47.5 this month from a final reading of 52.3 in June. With a reading below 50 indicating business activity had contracted, it is a development likely to feed into a vocal debate over whether the U.S. economy is back in - or near - a recession after rebounding sharply from the downturn in early 2020 at the start of the COVID-19 pandemic.</p><p>July&#39;s fall marked the fourth monthly drop in a row and was largely driven by pronounced weakness in the services sector index, which fell to the lowest since May 2020 at 47.0 from 52.7 a month earlier. That was enough to offset relative steadiness in manufacturing, with the group&#39;s factory activity index edging down to 52.3 from 52.7, indicating the sector was still growing but now at its weakest pace since July 2020.</p><p>Economists polled by Reuters had a median estimate for the services sector index at 52.6, while the manufacturing index was seen coming in at 52.0.</p><p>&#34;The preliminary PMI data for July point to a worrying deterioration in the economy,&#34; S&amp;P Global Chief Business Economist Chris Williamson said in a statement. &#34;Excluding pandemic lockdown months, output is falling at a rate not seen since 2009 amid the global financial crisis.&#34;</p><p>S&amp;P Global&#39;s measures of new orders in the manufacturing sector, outstanding business in the services sector and future expectations in both fell to levels not seen since the first year of the pandemic.</p><p>The report was the latest in a spate of economic indicators that have &#34;surprised&#34; to the downside relative to economists&#39; expectations and have fueled anxiety from Wall Street to Main Street over whether the economy is stalling out. Citigroup&#39;s U.S. Economic Surprise Index last month registered its lowest reading since May 2020 and has remained negative so far in July.</p><p>The S&amp;P Global data point to U.S. gross domestic product falling at roughly a 1% annualized rate, Williamson said. The economy contracted at a 1.6% rate in the first quarter, largely because of business inventory management issues, and the government next week will provide its first reading of output in the second quarter, which some models suggest will show a second straight contraction.</p><p>The report also painted a picture of a softening employment scene, which so far has defied expectations for a notable slowdown, with unemployment still near a half-century low. S&amp;P Global said its manufacturing employment index dropped to the lowest since July 2020 while services employment registered its weakest growth since February.</p><p>On Thursday, the Labor Department reported that new claims for jobless benefits rose to the highest since November last week and that, as of a week earlier, the total number of people drawing unemployment assistance had risen to the highest since April. That said, both remain below historic norms.</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":"2253058116","content_text":"July 22 (Reuters) - U.S. business activity contracted for the first time in nearly two years in July as a sharp slowdown in the service sector outweighed continued modest growth in manufacturing, painting a glum picture for an economy stunted by high inflation, rising interest rates and deteriorating consumer confidence.S&P Global on Friday said its preliminary - or \"flash\" - U.S. Composite PMI Output Index had tumbled far more than expected to 47.5 this month from a final reading of 52.3 in June. With a reading below 50 indicating business activity had contracted, it is a development likely to feed into a vocal debate over whether the U.S. economy is back in - or near - a recession after rebounding sharply from the downturn in early 2020 at the start of the COVID-19 pandemic.July's fall marked the fourth monthly drop in a row and was largely driven by pronounced weakness in the services sector index, which fell to the lowest since May 2020 at 47.0 from 52.7 a month earlier. That was enough to offset relative steadiness in manufacturing, with the group's factory activity index edging down to 52.3 from 52.7, indicating the sector was still growing but now at its weakest pace since July 2020.Economists polled by Reuters had a median estimate for the services sector index at 52.6, while the manufacturing index was seen coming in at 52.0.\"The preliminary PMI data for July point to a worrying deterioration in the economy,\" S&P Global Chief Business Economist Chris Williamson said in a statement. \"Excluding pandemic lockdown months, output is falling at a rate not seen since 2009 amid the global financial crisis.\"S&P Global's measures of new orders in the manufacturing sector, outstanding business in the services sector and future expectations in both fell to levels not seen since the first year of the pandemic.The report was the latest in a spate of economic indicators that have \"surprised\" to the downside relative to economists' expectations and have fueled anxiety from Wall Street to Main Street over whether the economy is stalling out. Citigroup's U.S. Economic Surprise Index last month registered its lowest reading since May 2020 and has remained negative so far in July.The S&P Global data point to U.S. gross domestic product falling at roughly a 1% annualized rate, Williamson said. The economy contracted at a 1.6% rate in the first quarter, largely because of business inventory management issues, and the government next week will provide its first reading of output in the second quarter, which some models suggest will show a second straight contraction.The report also painted a picture of a softening employment scene, which so far has defied expectations for a notable slowdown, with unemployment still near a half-century low. S&P Global said its manufacturing employment index dropped to the lowest since July 2020 while services employment registered its weakest growth since February.On Thursday, the Labor Department reported that new claims for jobless benefits rose to the highest since November last week and that, as of a week earlier, the total number of people drawing unemployment assistance had risen to the highest since April. That said, both remain below historic norms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074666536,"gmtCreate":1658359520425,"gmtModify":1676536144915,"author":{"id":"3569323320302810","authorId":"3569323320302810","name":"Kimfatt","avatar":"https://static.tigerbbs.com/42c08b995a955b3c83a657bdc9c15fbe","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569323320302810","authorIdStr":"3569323320302810"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074666536","repostId":"1110784633","repostType":4,"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}