xJimmy personal page - To The Moon

xJimmy

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2023-07-02

$Apple(AAPL)$ All time high will it maintain?

2023-07-01

$Vanguard S&P 500 ETF(VOO)$

2022-12-13

$Alphabet(GOOGL)$

2022-09-30

$Vanguard S&P 500 ETF(VOO)$

2022-09-20

$Alphabet(GOOGL)$

2022-09-20

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QQQ: Summer Glory To Fade Off In Fall Obscurity?

2022-08-26

$Vanguard S&P 500 ETF(VOO)$

2022-08-25

$Vanguard S&P 500 ETF(VOO)$

2022-08-24

$Vanguard S&P 500 ETF(VOO)$

2022-08-24

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Tesla's Thin Model Pipeline

2022-06-30

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Nvidia: Cutting The Stock Price In Half Was Justified

2022-06-29

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Tesla: This Investment Is Not For The Faint-Hearted

2022-04-21

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Is The End Near For Musk And Tesla?

2022-04-20

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Goldman Sachs CEO, Deputies Said to Get Private-Equity-Like Compensation

2022-04-19

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US STOCKS-Wall St Ends Lower as Investors Await Further Earnings Cues

2022-04-16

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Reminder: Holiday Trading Hours during Good Friday and Easter

2022-04-13

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The Roadster Is Tesla and Elon Musk's New Cash Machine

2022-04-11

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NIO Shares Tumbled 8% in Premarket Trading

2022-04-09

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All-Private Astronaut Team Strapped In For Landmark Launch To Space Station

2022-04-08

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Faraday Future Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice

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href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> All time high will it maintain?","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> All time high will it maintain?","text":"$Apple(AAPL)$ All time high will it maintain?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193392510107768","isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193172750536848,"gmtCreate":1688190846205,"gmtModify":1688190849335,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$&nbsp;</a>","text":"$Vanguard S&P 500 ETF(VOO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193172750536848","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923513922,"gmtCreate":1670886245167,"gmtModify":1676538451534,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$&nbsp;</a><v-v 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ETF(VOO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916146493","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910683729,"gmtCreate":1663626147962,"gmtModify":1676537301276,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a><v-v 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20:46","market":"us","language":"en","title":"QQQ: Summer Glory To Fade Off In Fall Obscurity?","url":"https://stock-news.laohu8.com/highlight/detail?id=1158905038","media":"Seeking Alpha","summary":"SummaryIn this note, we will discuss recent price action in Invesco's QQQ ETF, along with the factor","content":"<html><head></head><body><p>Summary</p><ul><li>In this note, we will discuss recent price action in Invesco&#39;s QQQ ETF, along with the factors driving this action.</li><li>Furthermore, I share a fresh outlook for the QQQ now that my call for a retest of June lows is looking nailed on to materialize.</li><li>I rate QQQ &#39;Neutral&#39; at $290.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53444cd062deb64dcc2310c4eee26ce0\" tg-width=\"1080\" tg-height=\"637\" referrerpolicy=\"no-referrer\"/><span>Dilok Klaisataporn</span></p><p>Introduction: Where Do We Stand?</p><p>Invesco&#39;s QQQ (NASDAQ:QQQ) is an exchange-traded fund that tracks the tech-heavy Nasdaq-100 index. After a scintillating summer rally off of June lows, tech stocks and equity markets, in general, have resumed their downtrend. The lasttime I wrote on QQQ was back in early June, and here&#39;s what I said at the time:</p><blockquote>In the near term, I see QQQ running up to the $320-330 range, but over the medium term, we are likely to decline to $250-260. These targets are based on fundamental, quantitative, and technical analysis shared in today&#39;s note. With a near-term upside of 3-8% and a medium-term downside of ~20-25%, I&#39;m not too fond of QQQ&#39;s risk/reward here. Therefore, I am neutral on QQQ at current levels.</blockquote><blockquote><i>Source:Is QQQ A Buy Or Sell During The Dip? It&#39;s Complicated</i></blockquote><p>After initially dipping to ~$270 by mid-June, the QQQ went on a smashing rally to reach the $335 level by mid-August. On 15th August 2022, I wrote the following in my newsletter:</p><blockquote>A series of higher highs and higher lows seem to reflect a strong bullish reversal; however, below-average trading volumes are unnerving. We are close to a resistance zone in the $335-345 range, and on the weekly chart, QQQ is testing the top end of the falling wedge pattern we have traded in for the last nine months. A rejection from this zone could quite easily trigger a retest of June lows.</blockquote><blockquote><i>Source:TQI Weekly - Issue #5: A New Bull Market Or Just Another Bear Market Rally</i></blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/159a6c2ed14077cf70319e8af4b8ccfb\" tg-width=\"640\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>QQQ&#39;s chart as of mid-August (WeBull Desktop)</span></p><p>Now, I am not sharing this history to showcase some extraordinary ability to predict the stock market. Instead, I strongly believe that nobody knows where the market is going in the near term. All we can do is analyze the fundamental, quantitative, and technical data to get a better understanding of what could happen in the market. And then orient our investing operations to benefit from this probabilistic understanding of the market environment.</p><p>Sticky inflation, rising interest rates, hawkish monetary policy, and slowing economic activity do not portend strong equity market returns for the foreseeable future. On Tuesday, the CPI inflation print came in hotter-than-expected at 8.3%, surprising market participants betting on a drop off in inflation. However, on the ground, inflation is slowing down [e.g., prices at the gas station are down significantly in recent weeks, home prices are declining, used auto prices are way off their peak, and there are many other instances]. Now, the lagging rents data (~30-40% of CPI) is set to make the headline inflation numbers look bad for some time to come.</p><p>While renowned investors like Ray Dalio and Jeff Gundlach called out the rising probability of a recession during this week (and predicted another 20-25% decline in S&amp;P500), the Fed seems to be focusing on countering inflation - moving full steam ahead with its quantitative tightening program. The expectations for the Fed&#39;s September meeting (on 21st and 22nd) are now pointing toward a 75-100 bps hike in the federal funds rate, and the bond market seems to be pricing in more hawkishness from Fed chair Jay Powell, as treasury rates continue to shift up rapidly.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b6d4fb12a3da252cd53a6b5e96f4a380\" tg-width=\"640\" tg-height=\"460\" referrerpolicy=\"no-referrer\"/><span>YCharts</span></p><p>Legendary investor Warren Buffett&#39;s quote comes to mind:</p><blockquote>Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices. The most important item over time in valuation is obviously interest rates.</blockquote><p>As interest rates have shot up in 2022, equities have been getting re-rated lower, and after a 28% YTD decline, the P/E ratio for Invesco&#39;s QQQ ETF (QQQ) [an ETF tracking Nasdaq-100 index] has come down to ~22-23x. Looking at historical data from the past ten years, the QQQ seems like a no-brainer buy at around 20x earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a4da36ad357f2be93d1e18fbcb5edbc\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/><span>GuruFocus</span></p><p>However, persistently-high inflation, rising interest rates, and slowing economic activity (amidst waning consumer confidence) are significant threats to corporate earnings and the valuation multiples attached to these earnings. Honestly, earnings may be the next shoe to drop in this market cycle, and Q3 &amp; Q4 could bring a lot more volatility to the equity markets.</p><p>A Look At Some Recent Market Action</p><p>Broad market indices [S&amp;P500 (SPX), Nasdaq-100 (NDX), and Dow Jones Industrial Average (DIA)] got off to a strong start in September; however, volatility returned to Wall Street last week. On Tuesday, stocks took a tumble (SPY down ~4%, QQQ down ~5%) as inflation data came in hotter-than-expected - raising expectations of a 75-100 bps rate hike by the Fed at its September meeting and even more hawkishness from the Fed. After a couple of benign days on Wednesday and Thursday, the sell-off resumed on Friday, with all major indices closing in the red. With the Fed tightening into a slowing economy, the fears of an economic recession are growing.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f0576618c7710bd346a4a0f9d24e86a0\" tg-width=\"640\" tg-height=\"439\" referrerpolicy=\"no-referrer\"/><span>YCharts</span></p><p>At my recently launched marketplace service, The Quantamental Investor, we saw our GARP &amp; Buyback-Dividend portfolios experience a negative ROIC of -1.42% and -1.54% over the last two weeks, with a big chunk of weakness coming from a sell-off in large to mega-cap tech stocks. Interestingly, the performance of small to mid-cap (higher growth) companies was superior to that of their larger counterparts. As of the close on Friday, TQI&#39;s Moonshot Growth portfolio had an ROIC of +3.76%, which was better than iShares Russell 1000 Growth ETF&#39;s (IWF) return of -1.86%.</p><p><img src=\"https://static.tigerbbs.com/8806662e5af57a7b54a1a3e62a249693\" tg-width=\"905\" tg-height=\"264\" referrerpolicy=\"no-referrer\"/></p><p>At TQI, our playbook for this bear market is -</p><blockquote>Build long positions slowly and manage risk proactively.</blockquote><p>If equity prices continue to fall over the coming weeks and months, then our dollar cost averaging plan will prove to be an effective risk management strategy. At TQI, we started our core portfolios with a 50% cash position, which we intend to deploy in a staggered way over the next ten months.</p><p>Where Is The Market Headed Next?</p><p>I don&#39;t know where the market will be a week, a month, or a quarter from now. However, considering valuations and technical charts, I think a retest of QQQ&#39;s June lows of ~$270 is very likely in the near term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a46914a4f61975720b899626da4c4047\" tg-width=\"640\" tg-height=\"478\" referrerpolicy=\"no-referrer\"/><span>WeBull Desktop</span></p><p>If we fail to hold these levels, QQQ may be in for a decline to the $215-235 range. And I say this because the tech generals (largest components) in QQQ - Apple and Microsoft - have a potential downside of ~30-40% each. Read my latest articles on this subject to understand my reasoning for this call:</p><ul><li>Microsoft: Insider Selling, Frothy Valuation, Worsening Fundamentals, And More [September 15th, 2022]</li><li>Apple Vs. Microsoft Vs. Treasury Bonds: The Battle Of Safe Havens Round-2 [August 25th, 2022]</li><li>Apple Vs. Microsoft Vs. Treasury Bonds: The Battle Of Safe Havens [April 20th, 2022]</li></ul><p>We are getting closer to the Q3 (fall) earnings season, and that&#39;s when we could see a resolution on either side of the ~$270 level. With rising interest rates, the P/E trading multiples on QQQ are unlikely to expand in the foreseeable future (unless the earnings drop off, in which case the price will likely follow). Overall, I am not too fond of QQQ&#39;s medium-term risk-reward from current levels.</p><p>Final Thoughts</p><p>The Fed is hawkish as ever, and its balance sheet roll-off has just started. At some point, the Fed will break something in the economy, and then we will see yet another pivot. However, investors may have to undergo a lot more pain in equity markets before this happens. As the old adage goes -</p><blockquote><b>Don&#39;t Fight The Fed.</b></blockquote><p>And we are abiding by this rule in all of TQI&#39;s core portfolios by running our investing operations with ~50% in cash and deploying this cash slowly in a staggered fashion over a long period of time.</p><p>Over the near term, the QQQ is likely headed to June lows of ~$270, which is a downside of -7%. With the near and medium-term risk/reward being unattractive, I continue to rate QQQ &#39;Neutral&#39; at ~$290.</p><p>While broad market [QQQ] is not enticing, there are loads of individual stocks offering asymmetric risk/reward opportunities. Being selective, contrarian, and right could yield spectacular returns for investors buying during periods of heightened volatility like the one we are experiencing today. I&#39;ll leave you with this thought - &#34;Invest actively and manage risk proactively.&#34;</p><p><b>Key Takeaway:</b> I am neutral on QQQ at current levels.</p><p>Thank you for reading, and happy investing. Please feel free to share any questions, thoughts, or concerns in the comments section below.</p><p><i>This article was written by Ahan Vashi, </i><i>for reference only.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>QQQ: Summer Glory To Fade Off In Fall Obscurity?</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\">\nQQQ: Summer Glory To Fade Off In Fall Obscurity?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541722-qqq-summer-glory-fade-off-fall-obscurity><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIn this note, we will discuss recent price action in Invesco's QQQ ETF, along with the factors driving this action.Furthermore, I share a fresh outlook for the QQQ now that my call for a retest...</p>\n\n<a href=\"https://seekingalpha.com/article/4541722-qqq-summer-glory-fade-off-fall-obscurity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","NDX":"纳斯达克100指数"},"source_url":"https://seekingalpha.com/article/4541722-qqq-summer-glory-fade-off-fall-obscurity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158905038","content_text":"SummaryIn this note, we will discuss recent price action in Invesco's QQQ ETF, along with the factors driving this action.Furthermore, I share a fresh outlook for the QQQ now that my call for a retest of June lows is looking nailed on to materialize.I rate QQQ 'Neutral' at $290.Dilok KlaisatapornIntroduction: Where Do We Stand?Invesco's QQQ (NASDAQ:QQQ) is an exchange-traded fund that tracks the tech-heavy Nasdaq-100 index. After a scintillating summer rally off of June lows, tech stocks and equity markets, in general, have resumed their downtrend. The lasttime I wrote on QQQ was back in early June, and here's what I said at the time:In the near term, I see QQQ running up to the $320-330 range, but over the medium term, we are likely to decline to $250-260. These targets are based on fundamental, quantitative, and technical analysis shared in today's note. With a near-term upside of 3-8% and a medium-term downside of ~20-25%, I'm not too fond of QQQ's risk/reward here. Therefore, I am neutral on QQQ at current levels.Source:Is QQQ A Buy Or Sell During The Dip? It's ComplicatedAfter initially dipping to ~$270 by mid-June, the QQQ went on a smashing rally to reach the $335 level by mid-August. On 15th August 2022, I wrote the following in my newsletter:A series of higher highs and higher lows seem to reflect a strong bullish reversal; however, below-average trading volumes are unnerving. We are close to a resistance zone in the $335-345 range, and on the weekly chart, QQQ is testing the top end of the falling wedge pattern we have traded in for the last nine months. A rejection from this zone could quite easily trigger a retest of June lows.Source:TQI Weekly - Issue #5: A New Bull Market Or Just Another Bear Market RallyQQQ's chart as of mid-August (WeBull Desktop)Now, I am not sharing this history to showcase some extraordinary ability to predict the stock market. Instead, I strongly believe that nobody knows where the market is going in the near term. All we can do is analyze the fundamental, quantitative, and technical data to get a better understanding of what could happen in the market. And then orient our investing operations to benefit from this probabilistic understanding of the market environment.Sticky inflation, rising interest rates, hawkish monetary policy, and slowing economic activity do not portend strong equity market returns for the foreseeable future. On Tuesday, the CPI inflation print came in hotter-than-expected at 8.3%, surprising market participants betting on a drop off in inflation. However, on the ground, inflation is slowing down [e.g., prices at the gas station are down significantly in recent weeks, home prices are declining, used auto prices are way off their peak, and there are many other instances]. Now, the lagging rents data (~30-40% of CPI) is set to make the headline inflation numbers look bad for some time to come.While renowned investors like Ray Dalio and Jeff Gundlach called out the rising probability of a recession during this week (and predicted another 20-25% decline in S&P500), the Fed seems to be focusing on countering inflation - moving full steam ahead with its quantitative tightening program. The expectations for the Fed's September meeting (on 21st and 22nd) are now pointing toward a 75-100 bps hike in the federal funds rate, and the bond market seems to be pricing in more hawkishness from Fed chair Jay Powell, as treasury rates continue to shift up rapidly.YChartsLegendary investor Warren Buffett's quote comes to mind:Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices. The most important item over time in valuation is obviously interest rates.As interest rates have shot up in 2022, equities have been getting re-rated lower, and after a 28% YTD decline, the P/E ratio for Invesco's QQQ ETF (QQQ) [an ETF tracking Nasdaq-100 index] has come down to ~22-23x. Looking at historical data from the past ten years, the QQQ seems like a no-brainer buy at around 20x earnings.GuruFocusHowever, persistently-high inflation, rising interest rates, and slowing economic activity (amidst waning consumer confidence) are significant threats to corporate earnings and the valuation multiples attached to these earnings. Honestly, earnings may be the next shoe to drop in this market cycle, and Q3 & Q4 could bring a lot more volatility to the equity markets.A Look At Some Recent Market ActionBroad market indices [S&P500 (SPX), Nasdaq-100 (NDX), and Dow Jones Industrial Average (DIA)] got off to a strong start in September; however, volatility returned to Wall Street last week. On Tuesday, stocks took a tumble (SPY down ~4%, QQQ down ~5%) as inflation data came in hotter-than-expected - raising expectations of a 75-100 bps rate hike by the Fed at its September meeting and even more hawkishness from the Fed. After a couple of benign days on Wednesday and Thursday, the sell-off resumed on Friday, with all major indices closing in the red. With the Fed tightening into a slowing economy, the fears of an economic recession are growing.YChartsAt my recently launched marketplace service, The Quantamental Investor, we saw our GARP & Buyback-Dividend portfolios experience a negative ROIC of -1.42% and -1.54% over the last two weeks, with a big chunk of weakness coming from a sell-off in large to mega-cap tech stocks. Interestingly, the performance of small to mid-cap (higher growth) companies was superior to that of their larger counterparts. As of the close on Friday, TQI's Moonshot Growth portfolio had an ROIC of +3.76%, which was better than iShares Russell 1000 Growth ETF's (IWF) return of -1.86%.At TQI, our playbook for this bear market is -Build long positions slowly and manage risk proactively.If equity prices continue to fall over the coming weeks and months, then our dollar cost averaging plan will prove to be an effective risk management strategy. At TQI, we started our core portfolios with a 50% cash position, which we intend to deploy in a staggered way over the next ten months.Where Is The Market Headed Next?I don't know where the market will be a week, a month, or a quarter from now. However, considering valuations and technical charts, I think a retest of QQQ's June lows of ~$270 is very likely in the near term.WeBull DesktopIf we fail to hold these levels, QQQ may be in for a decline to the $215-235 range. And I say this because the tech generals (largest components) in QQQ - Apple and Microsoft - have a potential downside of ~30-40% each. Read my latest articles on this subject to understand my reasoning for this call:Microsoft: Insider Selling, Frothy Valuation, Worsening Fundamentals, And More [September 15th, 2022]Apple Vs. Microsoft Vs. Treasury Bonds: The Battle Of Safe Havens Round-2 [August 25th, 2022]Apple Vs. Microsoft Vs. Treasury Bonds: The Battle Of Safe Havens [April 20th, 2022]We are getting closer to the Q3 (fall) earnings season, and that's when we could see a resolution on either side of the ~$270 level. With rising interest rates, the P/E trading multiples on QQQ are unlikely to expand in the foreseeable future (unless the earnings drop off, in which case the price will likely follow). Overall, I am not too fond of QQQ's medium-term risk-reward from current levels.Final ThoughtsThe Fed is hawkish as ever, and its balance sheet roll-off has just started. At some point, the Fed will break something in the economy, and then we will see yet another pivot. However, investors may have to undergo a lot more pain in equity markets before this happens. As the old adage goes -Don't Fight The Fed.And we are abiding by this rule in all of TQI's core portfolios by running our investing operations with ~50% in cash and deploying this cash slowly in a staggered fashion over a long period of time.Over the near term, the QQQ is likely headed to June lows of ~$270, which is a downside of -7%. With the near and medium-term risk/reward being unattractive, I continue to rate QQQ 'Neutral' at ~$290.While broad market [QQQ] is not enticing, there are loads of individual stocks offering asymmetric risk/reward opportunities. Being selective, contrarian, and right could yield spectacular returns for investors buying during periods of heightened volatility like the one we are experiencing today. I'll leave you with this thought - \"Invest actively and manage risk proactively.\"Key Takeaway: I am neutral on QQQ at current levels.Thank you for reading, and happy investing. Please feel free to share any questions, thoughts, or concerns in the comments section below.This article was written by Ahan Vashi, for reference only.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995545735,"gmtCreate":1661487543229,"gmtModify":1676536529323,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a><v-v data-views=\"1\"></v-v>","text":"$Vanguard S&P 500 ETF(VOO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995545735","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995922507,"gmtCreate":1661396403311,"gmtModify":1676536511635,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a><v-v data-views=\"0\"></v-v>","text":"$Vanguard S&P 500 ETF(VOO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995922507","isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992255442,"gmtCreate":1661323875290,"gmtModify":1676536497526,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a><v-v data-views=\"1\"></v-v>","text":"$Vanguard S&P 500 ETF(VOO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992255442","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992255908,"gmtCreate":1661323742706,"gmtModify":1676536497510,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992255908","repostId":"1188636834","repostType":4,"repost":{"id":"1188636834","pubTimestamp":1661302880,"share":"https://www.laohu8.com/m/news/1188636834?lang=&edition=full","pubTime":"2022-08-24 09:01","market":"us","language":"en","title":"Tesla's Thin Model Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1188636834","media":"Seeking Alpha","summary":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer go","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has only one new model with an announced launch date.</li><li>This contrasts with others in the luxury end of the automotive market.</li><li>It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.</li><li>Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.</li></ul><p><b>Preamble</b></p><p>Sometimes I think I&#39;ll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I&#39;m not alone in this, except that most readers of this article are more enamored of Tesla&#39;s styling thanI. It&#39;s not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse&#39;s preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half&#39;s birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn&#39;t want. There are &#34;pink flamingoes&#34;, cars the dealer can&#39;t imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.</p><p><b>Overview</b></p><p>Passenger vehicles are differentiated durable consumer goods. (Yeh, I&#39;m an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla&#39;s product pipeline in light of the above.</p><p>My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.</p><p><b>I. Product Differentiation </b></p><p><i>China</i></p><p>In July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.</p><p>Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.</p><p><img src=\"https://static.tigerbbs.com/3be454d00c3db761ce3004be22b6f76b\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author database</p><p>Europe is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting &#34;other&#34; lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.</p><p><img src=\"https://static.tigerbbs.com/39479367d7c991d0c2580d395b055018\" tg-width=\"640\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Authors calculations from JATO data</p><p><i>The USMCA</i></p><p>I don&#39;t have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).</p><p>That is misleading, because Ford&#39;s Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0&#39;, 5½&#39;, and 6½&#39; beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn&#39;t assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the &#34;F&#34; chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and &#34;dually&#34; versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.</p><p>In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.</p><p><b>II. Used Cars</b></p><p>In the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.</p><p>The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [<i>Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It&#39;s now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded &#34;snowcats&#34; to pickup trucks and leather-fitted versions for social climbers.</i>]</p><p>Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn&#39;t do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not &#34;refleet&#34; due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted &#34;residual&#34; price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [<i>Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.</i>]</p><p>The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.</p><p>The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.</p><p><b>III. Product Portfolio and Product Pipeline</b></p><p>Car companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering &#34;top hats&#34; for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is &#34;portfolio&#34;, with a car for every pocket, and a brand hierarchy differentiated by social status.</p><p>The second response is the regular redesign of models, with a typical cadence of a &#34;refresh&#34; every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a &#34;done&#34; deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.</p><p>I present a summary below, drawn from <i>Automotive News</i>, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don&#39;t know individual models, to distinguish whether a &#34;GT&#34; version is a distinct model, so there&#39;s some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it&#39;s likely that there&#39;s overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It&#39;s an indicative table using soft data.</p><p>I use only AN&#39;s coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they&#39;re bringing to market is that launch dates are &#34;hard&#34;. They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It&#39;s unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.</p><p>With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.</p><p><img src=\"https://static.tigerbbs.com/ef5537a42658ca05dded032f18aa6042\" tg-width=\"613\" tg-height=\"483\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/72a51243c74aaf0e76d9b235157cc762\" tg-width=\"613\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/15c14bceea4eacf94d9444cb18953f15\" tg-width=\"617\" tg-height=\"406\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/f6043da38b1eba04208c52222bf31173\" tg-width=\"615\" tg-height=\"302\" width=\"100%\" height=\"auto\"/>What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it&#39;s necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.</p><p><b>IV. Tesla&#39;s Pipeline</b></p><p>It&#39;s 10 years since the launch of the Model S, Tesla&#39;s first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That&#39;s a high-risk strategy, amplified as its lineup ages.</p><p>Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.</p><p>That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It&#39;s all still vague, and the initial $39,999 price is DOA. More to the point, it&#39;s a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.</p><p>Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can&#39;t wait for repairs. Of course, there&#39;s no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?</p><p>Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.</p><p>In any case, the Cybertruck is not one of the global models that Tesla needs.</p><p><b><i>Summary</i></b></p><p>Quite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&amp;D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn&#39;t be starved for resources. [<i>As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla&#39;s R&amp;D.</i>]</p><p>Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.</p><p><b>V. Conclusion</b></p><p>Tesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Thin Model Pipeline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Thin Model Pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188636834","content_text":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.PreambleSometimes I think I'll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I'm not alone in this, except that most readers of this article are more enamored of Tesla's styling thanI. It's not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse's preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half's birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn't want. There are \"pink flamingoes\", cars the dealer can't imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.OverviewPassenger vehicles are differentiated durable consumer goods. (Yeh, I'm an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla's product pipeline in light of the above.My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.I. Product Differentiation ChinaIn July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.Author databaseEurope is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting \"other\" lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.Authors calculations from JATO dataThe USMCAI don't have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).That is misleading, because Ford's Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0', 5½', and 6½' beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn't assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the \"F\" chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and \"dually\" versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.II. Used CarsIn the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It's now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded \"snowcats\" to pickup trucks and leather-fitted versions for social climbers.]Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn't do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not \"refleet\" due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted \"residual\" price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.]The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.III. Product Portfolio and Product PipelineCar companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering \"top hats\" for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is \"portfolio\", with a car for every pocket, and a brand hierarchy differentiated by social status.The second response is the regular redesign of models, with a typical cadence of a \"refresh\" every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a \"done\" deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.I present a summary below, drawn from Automotive News, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don't know individual models, to distinguish whether a \"GT\" version is a distinct model, so there's some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it's likely that there's overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It's an indicative table using soft data.I use only AN's coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they're bringing to market is that launch dates are \"hard\". They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It's unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it's necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.IV. Tesla's PipelineIt's 10 years since the launch of the Model S, Tesla's first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That's a high-risk strategy, amplified as its lineup ages.Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It's all still vague, and the initial $39,999 price is DOA. More to the point, it's a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can't wait for repairs. Of course, there's no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.In any case, the Cybertruck is not one of the global models that Tesla needs.SummaryQuite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn't be starved for resources. [As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla's R&D.]Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.V. ConclusionTesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045116657,"gmtCreate":1656576396579,"gmtModify":1676535856772,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045116657","repostId":"1144579734","repostType":4,"repost":{"id":"1144579734","pubTimestamp":1656576162,"share":"https://www.laohu8.com/m/news/1144579734?lang=&edition=full","pubTime":"2022-06-30 16:02","market":"us","language":"en","title":"Nvidia: Cutting The Stock Price In Half Was Justified","url":"https://stock-news.laohu8.com/highlight/detail?id=1144579734","media":"Seeking Alpha","summary":"SummaryNVIDIA is still reporting solid quarterly results and revenue increases at a high pace.But we","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>NVIDIA is still reporting solid quarterly results and revenue increases at a high pace.</li><li>But we have to assume that growth rates will slow down - especially due to the potential upcoming recession.</li><li>NVIDIA could be fairly valued at best, but the downside risk is rather high in my opinion.</li></ul><p>NVIDIA Corporation (NASDAQ:NVDA) was one of the great growth stories of the last ten years. While revenue increased 641%, free cash flow increased 1,080% and earnings per share increased even 1,840%.</p><p><img src=\"https://static.tigerbbs.com/6b89021343a708a857265c2959fda763\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>These are without doubt impressive fundamental numbers, but the stock price increased even 5,330% in the last ten years (and at the peak in late 2021, the stock increased even 9,980%). While it might seem that the stock price simply outran the fundamental performance in the last ten years, we also must keep in mind the extremely low multiples the stock was trading for ten years ago (we will get to that).</p><p>Nevertheless, we not only have to ask if the valuation multiples of the last few quarters were justified (probably not), but also if current valuation multiples are justified. Especially when considering the low valuation multipleIntel Corporation (INTC) is trading for right now, we must ask if NVIDIA is deserving a much higher valuation multiple. And not every impressive growth story is also a great long-term investment with a wide economic moat that will protect the business in the years to come.</p><p><b>Stock Price Justified?</b></p><p>I already mentioned above that NVIDIA is much more expensive than its competitor Intel, and you might instantly have found several reasons why the comparison is completely off. NVIDIA was growing at a high pace and was an investors&#39; darling, while Intel was the opposite in the last few years.</p><p>Nevertheless, NVIDIA seems to be expensive when looking at simple valuation metrics, as NVIDIA is still trading for a P/E ratio of 43. While this is in line with the average of the last ten years (41.69) and clearly below the peak P/E ratio of 105.30 (reached in 2020), we still can&#39;t make the argument that NVIDIA is cheap. When looking at the price-free-cash-flow ratio, NVIDIA is still trading for 51 times free cash flow, which is below the peak of 118 set a few months earlier but well above the average of the last ten years (38.74).</p><p><img src=\"https://static.tigerbbs.com/f1ab30a6c072e077684e0cdea8724585\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>I know many might disagree with me, but when stocks are trading for valuation multiples of 50 or higher, I usually get very cautious if the stock price is justified and if we are actually talking about a great investment or not just a hyped stock. In the following sections, I will present different reasons why I think the valuation is not justified. We will talk about the last quarterly results, the potential recession and its consequences, as well as the economic moat of NVIDIA and the question how long the business can grow with such a high pace.</p><p><b>Quarterly Results</b></p><p>The last quarterly results NVIDIA reported (for the first quarter of fiscal 2023) might have been a first small warning sign. While the company could still beat earnings per share as well as revenue estimates and increased revenue from $5,661 million in the same quarter last year to $8,288 million this quarter (resulting in 46.4% year-over-year growth), the results were still rather mixed. Operating income declined from $1,956 million in the same quarter last year to $1,868 million this quarter (resulting in 4.5% YoY decline) and diluted earnings per share declined from $0.76 in the same quarter last year to $0.64 this quarter - a decline of 15.8% YoY.</p><p><img src=\"https://static.tigerbbs.com/b141909e58d4687ad5681ddd8d0b6ae1\" tg-width=\"640\" tg-height=\"362\" referrerpolicy=\"no-referrer\"/></p><p>NVIDIA Q1/21 Presentation</p><p>And during the earnings call, management was still optimistic about the long-term trends being intact, but expected slowdowns for the next quarter:</p><blockquote>However, we started seeing softness in parts of Europe related to the war in the Ukraine and parts of China due to the COVID lockdowns. As we expect some ongoing impact as we prepare for a new architectural transition later in the year, we are projecting Gaming revenue to decline sequentially in Q2.</blockquote><p>Management also mentioned cryptocurrencies as a potential issue in the last earnings call:</p><blockquote>The extent in which cryptocurrency mining contributed to Gaming demand is difficult for us to quantify with any reasonable degree of precision. The reduced pace of increase in Ethereum network hash rate likely reflects lower mining activity on GPUs. We expect a diminishing contribution going forward.</blockquote><p><b>Recession</b></p><p>Although NVIDIA could grow with an extremely high pace in the last two decades, we can clearly see that the business was impacted by recessions. And while we can argue if the declines right before the COVID-19 recession and after the recession in the early 2000s might only be a coincidence, the decline following the Great Financial Crisis is hard to ignore. While revenue declined 36% in the following quarters, earnings per share declined 150% and turned negative. It also took several years before NVIDIA could reach pre-crisis levels again.</p><p><img src=\"https://static.tigerbbs.com/9f73c8766b56c36bf88c4f8af5fa8b58\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>And in my opinion, we should not be too optimistic about the next (and probably upcoming) recession, as I would assume NVIDIA will be hit hard again. Among other things, NVIDIA is relying on gamers as well as the creator economy. And while the creator economy is estimated to be at $100 billion already and growing, as well as about 100 million new gamers coming into the PC industry in the last two years (according to NVIDIA earnings call), I expect NVIDIA to be hit hard in case of a recession.</p><p>I also see the long-term trend towards a creator economy and people working more from home, which are tailwinds for NVIDIA. However, I also see the possibility of a recession having a huge negative impact on the creator economy, on cryptocurrencies and crypto mining, as well as gaming. I might be wrong, but in case of a severe recession in the United States (and many other countries around the world), people suddenly might not have the time and money anymore to spend huge amounts on gaming.</p><p>I also see it as a likely scenario that cryptocurrencies - including Bitcoin (BTC-USD) - will implode during the next recession. And the creator economy might also be among those getting hit hard by a recession. As a result, I would not be surprised if demand is slowing down in the next two or three years due to an economic contraction.</p><p><b>Growth Rates Sustainable</b></p><p>Aside from a potential recession that might lead to growth rates slowing down we also have to ask how sustainable these extremely high growth rates are. NVIDIA could grow with a high pace in the last decade - revenue increasing with a CAGR of 22.67% and earnings per share increasing with a CAGR of 36.76%. But the decisive question is rather if NVIDIA can continue to grow with a high pace in the years to come. And at least analysts seem to be extremely confident that NVIDIA can continue its outperformance - until fiscal 2031 analysts are expecting earnings per share to grow with a CAGR of 22.74%.</p><p><img src=\"https://static.tigerbbs.com/402d09371cef6aeafbb4c543b055b8d8\" tg-width=\"640\" tg-height=\"278\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>And it is easy to imagine that NVIDIA will continue to grow, as the company will probably profit from several megatrends in the coming years and decades. We usually tend to extrapolate existing trends into the future - which can make a lot of sense, but sometimes be also extremely dangerous. The list of companies that underlined the dangers of just extrapolating high growth rates into the future is long: PayPal (PYPL), Meta Platforms (META), and Target (TGT) might be some recent examples. And while I am a shareholder of all three and confident about the long-term potential, these companies and stocks showed us that growth can slow down, and stock prices will tumble heavily.</p><p>And when asking the question how sustainable such high growth rates could be, we also must address the question if a business has a wide economic moat. For starters, we can look at some metrics to determine if NVIDIA might have a wide economic moat around the business.</p><p>First, an outperformance of the stock over a long timeframe is a good sign for a high-quality business. NVIDIA had its IPO in 1999 and it would be great if we had the data for one or two more decades (especially as the last bull market is now already running for 13 years), but the outperformance of NVIDIA over the S&amp;P 500 (SPY) is impressive. While the S&amp;P 500 gained 205% in value, NVIDIA gained about 38,000% in the same timeframe.</p><p><img src=\"https://static.tigerbbs.com/1552e95dbcb57bbf85f57d6b6b74f867\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>Additionally, we can look at the company&#39;s gross and operating margin. While the operating margin is fluctuating, we can see a clear upward trend, which is a good sign. And especially the gross margin is improving with a stable pace - which is a hint for pricing power.</p><p><img src=\"https://static.tigerbbs.com/bf753fe066bcf2940bab28cb60f23804\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/></p><p>Author&#39;s work</p><p>We can also look at return on invested capital, which was especially high in the last few years and 21.19% on average during the last ten years - another strong hint for a wide economic moat.</p><p>When looking at these metrics, it seems like NVIDIA has an economic moat around its business. However, we are basically dealing with a commodity (a product where the price is usually determining if a customer is buying from company A or company B) and it is difficult for such businesses to build a moat around the business. However, there are at least two ways to overcome these obstacles: cost advantages and a strong brand name. And in case of NVIDIA, I would argue that the NVIDIA brand name is a valuable asset (although it is not on the list of the100 best global brands) and has a great reputation (making customers willing to pay a higher price or choose NVIDIA products).</p><p>Nevertheless, we should be prepared for growth slowing down. PayPal and Meta Platforms are also two companies with a strong moat around the business (in my opinion) but growth rates slowed down. And I can imagine a similar scenario for NVIDIA in the coming quarters.</p><p><b>Valuation (Part II)</b></p><p>At this point, we can return to asking the question if NVIDIA is fairly valued right now and if a valuation multiple of 50 can be justified for the business. However, let&#39;s not just use simple valuation metrics like the price-earnings ratio or the price-free cash flow ratio. Instead, we will use a discount cash flow (&#34;DCF&#34;) calculation to determine an intrinsic value for NVIDIA.</p><p>When taking the free cash flow of the last four quarters (which was $7,926 million) and assuming a 10% discount rate, NVIDIA must grow 16% annually for the next ten years followed by 6% growth till perpetuity to be fairly valued (of course, these are idealized assumptions). And when looking at the growth rates in the recent past, these growth rates certainly seem achievable. In the last ten years, NVIDIA could grow earnings per share with a CAGR of 32.26%. Nevertheless, 16% growth for 10 years without growth slowing down would probably be the highest assumption I ever used in a discount cash flow calculation for any business (and is also ignoring the potential recession).</p><p>Even for high-growth companies I usually assume growth slowing down over the next ten years. And we seriously must ask the question why we should be so optimistic about NVIDIA and assume such high growth rates. And we must consider that other companies could also grow with an extremely high pace in the last ten years - Tencent (OTCPK:TCEHY,OTCPK:TCTZF) grew earnings per share with a CAGR of 35.65%, Amazon (AMZN) grew with a CAGR of 47.06%, Meta Platforms was growing with a CAGR of 41.43% and Alibaba (BABA) was growing even with a CAGR of 73.27%.</p><p>Most of these stocks are trading for much lower valuation multiples right now, and for Tencent, we would get an intrinsic value of more than HKD 700 when calculating with the same growth rates as above (16% for the next 10 years, followed by 6% growth till perpetuity). For Meta Platforms, we would get an intrinsic value of more than $700. And while nobody would justify that intrinsic value for Meta Platforms right now as growth rates have declined, what is making us so optimistic that growth for NVIDIA won&#39;t slow down as well?</p><p><b>Stock Price Declining Further</b></p><p>I would be cautious about every stock that is trading for extremely high multiples, as the risk of these multiples suddenly contracting is rather high. And at least for the next few years, I see a rather high risk of the stock price declining further.</p><p>I mentioned above that NVIDIA is facing the risk of lower revenue and lower earnings per share due to a potential recession. Additionally, NVIDIA is facing the very high risk of multiples contracting as investors are suddenly not so optimistic about NVIDIA and the growth potential anymore. And when combining these two aspects - EPS declining and multiples contracting - the stock price could decline much steeper. A few months ago, we had to refer to the Dotcom bubble to warn about the risks many pandemic high-flyers are facing. But now we have already countless examples of stocks declining 70%, 80%, or sometimes even 90%, and it should be clear for everybody that stocks with extremely high valuation multiples face a high risk of steep declines.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Cutting The Stock Price In Half Was Justified</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: Cutting The Stock Price In Half Was Justified\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-30 16:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4521049-nvidia-cutting-the-stock-in-half-was-justified><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNVIDIA is still reporting solid quarterly results and revenue increases at a high pace.But we have to assume that growth rates will slow down - especially due to the potential upcoming ...</p>\n\n<a href=\"https://seekingalpha.com/article/4521049-nvidia-cutting-the-stock-in-half-was-justified\">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/4521049-nvidia-cutting-the-stock-in-half-was-justified","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144579734","content_text":"SummaryNVIDIA is still reporting solid quarterly results and revenue increases at a high pace.But we have to assume that growth rates will slow down - especially due to the potential upcoming recession.NVIDIA could be fairly valued at best, but the downside risk is rather high in my opinion.NVIDIA Corporation (NASDAQ:NVDA) was one of the great growth stories of the last ten years. While revenue increased 641%, free cash flow increased 1,080% and earnings per share increased even 1,840%.Data by YChartsThese are without doubt impressive fundamental numbers, but the stock price increased even 5,330% in the last ten years (and at the peak in late 2021, the stock increased even 9,980%). While it might seem that the stock price simply outran the fundamental performance in the last ten years, we also must keep in mind the extremely low multiples the stock was trading for ten years ago (we will get to that).Nevertheless, we not only have to ask if the valuation multiples of the last few quarters were justified (probably not), but also if current valuation multiples are justified. Especially when considering the low valuation multipleIntel Corporation (INTC) is trading for right now, we must ask if NVIDIA is deserving a much higher valuation multiple. And not every impressive growth story is also a great long-term investment with a wide economic moat that will protect the business in the years to come.Stock Price Justified?I already mentioned above that NVIDIA is much more expensive than its competitor Intel, and you might instantly have found several reasons why the comparison is completely off. NVIDIA was growing at a high pace and was an investors' darling, while Intel was the opposite in the last few years.Nevertheless, NVIDIA seems to be expensive when looking at simple valuation metrics, as NVIDIA is still trading for a P/E ratio of 43. While this is in line with the average of the last ten years (41.69) and clearly below the peak P/E ratio of 105.30 (reached in 2020), we still can't make the argument that NVIDIA is cheap. When looking at the price-free-cash-flow ratio, NVIDIA is still trading for 51 times free cash flow, which is below the peak of 118 set a few months earlier but well above the average of the last ten years (38.74).Data by YChartsI know many might disagree with me, but when stocks are trading for valuation multiples of 50 or higher, I usually get very cautious if the stock price is justified and if we are actually talking about a great investment or not just a hyped stock. In the following sections, I will present different reasons why I think the valuation is not justified. We will talk about the last quarterly results, the potential recession and its consequences, as well as the economic moat of NVIDIA and the question how long the business can grow with such a high pace.Quarterly ResultsThe last quarterly results NVIDIA reported (for the first quarter of fiscal 2023) might have been a first small warning sign. While the company could still beat earnings per share as well as revenue estimates and increased revenue from $5,661 million in the same quarter last year to $8,288 million this quarter (resulting in 46.4% year-over-year growth), the results were still rather mixed. Operating income declined from $1,956 million in the same quarter last year to $1,868 million this quarter (resulting in 4.5% YoY decline) and diluted earnings per share declined from $0.76 in the same quarter last year to $0.64 this quarter - a decline of 15.8% YoY.NVIDIA Q1/21 PresentationAnd during the earnings call, management was still optimistic about the long-term trends being intact, but expected slowdowns for the next quarter:However, we started seeing softness in parts of Europe related to the war in the Ukraine and parts of China due to the COVID lockdowns. As we expect some ongoing impact as we prepare for a new architectural transition later in the year, we are projecting Gaming revenue to decline sequentially in Q2.Management also mentioned cryptocurrencies as a potential issue in the last earnings call:The extent in which cryptocurrency mining contributed to Gaming demand is difficult for us to quantify with any reasonable degree of precision. The reduced pace of increase in Ethereum network hash rate likely reflects lower mining activity on GPUs. We expect a diminishing contribution going forward.RecessionAlthough NVIDIA could grow with an extremely high pace in the last two decades, we can clearly see that the business was impacted by recessions. And while we can argue if the declines right before the COVID-19 recession and after the recession in the early 2000s might only be a coincidence, the decline following the Great Financial Crisis is hard to ignore. While revenue declined 36% in the following quarters, earnings per share declined 150% and turned negative. It also took several years before NVIDIA could reach pre-crisis levels again.Data by YChartsAnd in my opinion, we should not be too optimistic about the next (and probably upcoming) recession, as I would assume NVIDIA will be hit hard again. Among other things, NVIDIA is relying on gamers as well as the creator economy. And while the creator economy is estimated to be at $100 billion already and growing, as well as about 100 million new gamers coming into the PC industry in the last two years (according to NVIDIA earnings call), I expect NVIDIA to be hit hard in case of a recession.I also see the long-term trend towards a creator economy and people working more from home, which are tailwinds for NVIDIA. However, I also see the possibility of a recession having a huge negative impact on the creator economy, on cryptocurrencies and crypto mining, as well as gaming. I might be wrong, but in case of a severe recession in the United States (and many other countries around the world), people suddenly might not have the time and money anymore to spend huge amounts on gaming.I also see it as a likely scenario that cryptocurrencies - including Bitcoin (BTC-USD) - will implode during the next recession. And the creator economy might also be among those getting hit hard by a recession. As a result, I would not be surprised if demand is slowing down in the next two or three years due to an economic contraction.Growth Rates SustainableAside from a potential recession that might lead to growth rates slowing down we also have to ask how sustainable these extremely high growth rates are. NVIDIA could grow with a high pace in the last decade - revenue increasing with a CAGR of 22.67% and earnings per share increasing with a CAGR of 36.76%. But the decisive question is rather if NVIDIA can continue to grow with a high pace in the years to come. And at least analysts seem to be extremely confident that NVIDIA can continue its outperformance - until fiscal 2031 analysts are expecting earnings per share to grow with a CAGR of 22.74%.Seeking AlphaAnd it is easy to imagine that NVIDIA will continue to grow, as the company will probably profit from several megatrends in the coming years and decades. We usually tend to extrapolate existing trends into the future - which can make a lot of sense, but sometimes be also extremely dangerous. The list of companies that underlined the dangers of just extrapolating high growth rates into the future is long: PayPal (PYPL), Meta Platforms (META), and Target (TGT) might be some recent examples. And while I am a shareholder of all three and confident about the long-term potential, these companies and stocks showed us that growth can slow down, and stock prices will tumble heavily.And when asking the question how sustainable such high growth rates could be, we also must address the question if a business has a wide economic moat. For starters, we can look at some metrics to determine if NVIDIA might have a wide economic moat around the business.First, an outperformance of the stock over a long timeframe is a good sign for a high-quality business. NVIDIA had its IPO in 1999 and it would be great if we had the data for one or two more decades (especially as the last bull market is now already running for 13 years), but the outperformance of NVIDIA over the S&P 500 (SPY) is impressive. While the S&P 500 gained 205% in value, NVIDIA gained about 38,000% in the same timeframe.Data by YChartsAdditionally, we can look at the company's gross and operating margin. While the operating margin is fluctuating, we can see a clear upward trend, which is a good sign. And especially the gross margin is improving with a stable pace - which is a hint for pricing power.Author's workWe can also look at return on invested capital, which was especially high in the last few years and 21.19% on average during the last ten years - another strong hint for a wide economic moat.When looking at these metrics, it seems like NVIDIA has an economic moat around its business. However, we are basically dealing with a commodity (a product where the price is usually determining if a customer is buying from company A or company B) and it is difficult for such businesses to build a moat around the business. However, there are at least two ways to overcome these obstacles: cost advantages and a strong brand name. And in case of NVIDIA, I would argue that the NVIDIA brand name is a valuable asset (although it is not on the list of the100 best global brands) and has a great reputation (making customers willing to pay a higher price or choose NVIDIA products).Nevertheless, we should be prepared for growth slowing down. PayPal and Meta Platforms are also two companies with a strong moat around the business (in my opinion) but growth rates slowed down. And I can imagine a similar scenario for NVIDIA in the coming quarters.Valuation (Part II)At this point, we can return to asking the question if NVIDIA is fairly valued right now and if a valuation multiple of 50 can be justified for the business. However, let's not just use simple valuation metrics like the price-earnings ratio or the price-free cash flow ratio. Instead, we will use a discount cash flow (\"DCF\") calculation to determine an intrinsic value for NVIDIA.When taking the free cash flow of the last four quarters (which was $7,926 million) and assuming a 10% discount rate, NVIDIA must grow 16% annually for the next ten years followed by 6% growth till perpetuity to be fairly valued (of course, these are idealized assumptions). And when looking at the growth rates in the recent past, these growth rates certainly seem achievable. In the last ten years, NVIDIA could grow earnings per share with a CAGR of 32.26%. Nevertheless, 16% growth for 10 years without growth slowing down would probably be the highest assumption I ever used in a discount cash flow calculation for any business (and is also ignoring the potential recession).Even for high-growth companies I usually assume growth slowing down over the next ten years. And we seriously must ask the question why we should be so optimistic about NVIDIA and assume such high growth rates. And we must consider that other companies could also grow with an extremely high pace in the last ten years - Tencent (OTCPK:TCEHY,OTCPK:TCTZF) grew earnings per share with a CAGR of 35.65%, Amazon (AMZN) grew with a CAGR of 47.06%, Meta Platforms was growing with a CAGR of 41.43% and Alibaba (BABA) was growing even with a CAGR of 73.27%.Most of these stocks are trading for much lower valuation multiples right now, and for Tencent, we would get an intrinsic value of more than HKD 700 when calculating with the same growth rates as above (16% for the next 10 years, followed by 6% growth till perpetuity). For Meta Platforms, we would get an intrinsic value of more than $700. And while nobody would justify that intrinsic value for Meta Platforms right now as growth rates have declined, what is making us so optimistic that growth for NVIDIA won't slow down as well?Stock Price Declining FurtherI would be cautious about every stock that is trading for extremely high multiples, as the risk of these multiples suddenly contracting is rather high. And at least for the next few years, I see a rather high risk of the stock price declining further.I mentioned above that NVIDIA is facing the risk of lower revenue and lower earnings per share due to a potential recession. Additionally, NVIDIA is facing the very high risk of multiples contracting as investors are suddenly not so optimistic about NVIDIA and the growth potential anymore. And when combining these two aspects - EPS declining and multiples contracting - the stock price could decline much steeper. A few months ago, we had to refer to the Dotcom bubble to warn about the risks many pandemic high-flyers are facing. But now we have already countless examples of stocks declining 70%, 80%, or sometimes even 90%, and it should be clear for everybody that stocks with extremely high valuation multiples face a high risk of steep declines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042489700,"gmtCreate":1656513456200,"gmtModify":1676535843268,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042489700","repostId":"2247564800","repostType":4,"repost":{"id":"2247564800","pubTimestamp":1656512826,"share":"https://www.laohu8.com/m/news/2247564800?lang=&edition=full","pubTime":"2022-06-29 22:27","market":"us","language":"en","title":"Tesla: This Investment Is Not For The Faint-Hearted","url":"https://stock-news.laohu8.com/highlight/detail?id=2247564800","media":"seekingalpha","summary":"SummaryTesla is the world’s leading electric vehicle manufacturer.The company’s shares are down more than 40% from their 52-week high, which in the current environment is relatively resilient for expe","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla is the world’s leading electric vehicle manufacturer.</li><li>The company’s shares are down more than 40% from their 52-week high, which in the current environment is relatively resilient for expensive tech stocks.</li><li>The future of this business is somewhat shrouded in mystery, with CEO Elon Musk having a habit of overpromising and underdelivering.</li><li>Despite this, Tesla is at the forefront of a shift to electrification, and I for one can get behind its mission to “accelerate the world’s transition to sustainable energy”.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18a8ddcfd306d6221eb23ad49f4e085f\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/><span>MikeMareen/iStock Editorial via Getty Images</span></p><p><b>Investment Thesis</b></p><blockquote>Reach for the stars, and if you don&#39;t grab &#39;em, at least you&#39;ll fall on top of the world</blockquote><p>I hope that everyone here recognizes the lyrical genius of Mr. Worldwide himself, especially this line is taken from Pitbull’s songGive Me Everything.</p><p>I can’t help but feel like CEO (sorry, Technoking) of Tesla, Inc. (NASDAQ:NASDAQ:TSLA) Elon Musk found himself inspired by these lyrics. He certainly has a habit of reaching for the stars – whether it&#39;s quite literally thanks to SpaceX, or the fact that he has a habit of making wild promises &amp; setting goals that go far beyond the realms of &#34;ambitious.&#34;</p><p>Yet Mr. Musk has found himself falling on top of the world, as Tesla has had a fantastic few years and continues to make impressive progress on full self-driving. Tesla continues to reach for the stars, but will they just come crashing down to earth? I put the company through my investing framework to find out.</p><p><b>Business Overview</b></p><p>Tesla has pioneered electric vehicle technology since its inception almost 20 years ago, and the company appears to have reached an inflection point over the past 5 years – moving from the brink of bankruptcy in 2018 to a trillion dollar company in 2021.</p><p>Tesla is primarily an automotive company right now, and it has four car models:</p><ul><li>Model S: a 4-door, high performance sedan</li><li>Model 3: a 4-door, mid-size sedan designed for the mass-market</li><li>Model X: a mid-size, high-performance SUV</li><li>Model Y: a company SUV built on the Model 3 platform</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9a52b2206e73300b606f427914d8d63\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/><span>Tesla</span></p><p>The rollout of Tesla’s Model 3 helped transform the business over the past 5 years. Its mass-market appeal and more affordable price point certainly turned Tesla from an up-and-coming EV company to a genuine automotive business. The below chart highlights just how important the Model 3 has been to Tesla over recent years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66070afd3a5ab98e954039f1c27b5802\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Statista</span></p><p>Tesla also offers additional products for energy generation and storage. These include Powerwall, a lithium-ion battery storage product designed for a home, Megapack, an energy storage solution for much larger facilities, and Solar Roof, which is well... a solar powered roof.</p><p>The company also has also invested in a significant amount of vertical integration and additional solutions, including but not limited to:</p><ul><li>In-house developed battery and powertrain technology</li><li>Self-Driving technologies, with offerings such as Autopilot and FSD (Full self-driving).</li><li>A network of Tesla Superchargers, which offer high-speed EV charging for Tesla owners</li><li>A direct-to-consumer sales approach through its website, and an international network of company owned stores</li><li>An insurance product which was launched in California in 2019, and has expanded into more and more states</li></ul><p>It would be possible to do a dedicated article on every single <a href=\"https://laohu8.com/S/AONE.U\">one</a> of these additional solutions – but I don’t want to write a novel, at least not yet. That is before considering the future products that Tesla could potentially offer, such as the cybertruck, a network of robotaxis, and Elon Musk’s new favorite toy – the Optimus robot. Whilst I don’t expect all of these ideas to succeed, I do like to see a company with optionality, and Tesla has this in abundance.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23f883f28e00544dd09c773e389364f9\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>The Optimus Robot (Tesla)</span></p><p><b>Economic Moats</b></p><p>With every business, I look to see if there are any durable competitive advantages (aka economic moats) that will help the company continue to thrive whilst protecting itself from competition. Right now, I believe that Tesla has a number of competitive advantages.</p><p>The first moat worth highlighting is the network effect that Tesla has. Its vehicles are substantially more technologically advanced and interconnected than those of the incumbent manufacturers, and as such Tesla is able to generate a wealth of data from every mile that is driven.</p><p>This has given them a lead in autonomous driving, as the company has been able to analyze the ever-growing masses of data received from its FSD programs, following which they are able to iterate and rollout improved versions. Tesla is still yet to completely crack full self-driving, but once (or if) it does, it will be transformational for both the company and the world. The below quote from CEO Musk clearly shows his excitement combined with an awareness that this has been a long time coming, yet has never arrived:</p><blockquote>Well, with respect to full self-driving, of any technology development I’ve ever been involved in, I’ve never really seen more kind of false dawns or where it seems like we’re going to break through, but we don’t, as I’ve seen in full self-driving. And ultimately, what it comes down to is that to solve full self-driving, you actually have to solve real-world artificial intelligence, which is -- which nobody has solved. The whole road system is made for biological neural nets and eyes. And so, actually, when you think about it, in order to solve for full self-driving, we have to solve neural nets and cameras to a degree of capability that is on par with or really exceeds humans.</blockquote><blockquote>And I think we will achieve that this year. The best way to reach your own assessment is to join the Tesla full self-driving beta program where we have over 100,000 people right now enrolled in that program, and we expect to broaden that significantly this year. So, that’s my recommendation, is join the full self-driving beta program and experience it for yourself and take note of the rate of improvement with every release. And we put out a new release roughly every two weeks. And you’ll see a little bit of two steps forward, one step back. But overall, the rate of improvement is incredibly quick.</blockquote><p>So, Musk thinks FSD will be achieved this year – I’m sure he’s never said that before…</p><p>Regardless, the amount of data that Tesla has been able to obtain for FSD is unmatched by competitors, and the network effect is this: more data leads to improved FSD, improved FSD leads to more customers buying Teslas and using FSD, more customers using FSD results in more data, and more data leads to improved FSD. Humans have been trying to crack autonomous driving for a long time, but this network effect may well provide the best opportunity yet.</p><p>Another network effect that I think is more realistic &amp; sometimes overlooked is with insurance, probably because it’s not as exciting as the idea of robotaxis. Yet it is a similar story to the one above; Tesla has a very connected network of cars with tons of data, and this should enable them to offer data-driven insurance to customers that ends up being increasingly accurate as this network grows.</p><p>Tesla also benefits from some switching costs, and this is driven by their network of Superchargers. The company has worked hard to build out this network &amp; ensure that Tesla drivers can access these Superchargers easily – but, originally these were only available for Tesla drivers. This is clearly a switching cost, but Tesla has recently trialed opening up its Supercharger network to non-Tesla EVs. Whilst this reduces Tesla’s competitive advantage, I think it was always going to be eroded away over time as EV adoption increases – so perhaps this pilot is Tesla’s way of getting ahead of the curve?</p><p>Tesla also has the benefit of low-cost production, driven by their vertical integration on battery technology, direct-to-consumer sales, and the ultra-efficient Gigafactories. In fact, a view of their TTM operating margin compared to the incumbents is quite incredible – particularly when you consider that Tesla continues to be less established, and probably has even more room to expand these margins, particularly with the potential for additional software offerings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d92e0d8f7493cae26081c74e9a6693b8\" tg-width=\"640\" tg-height=\"308\" referrerpolicy=\"no-referrer\"/><span>Tesla Q1&#39;22 Investor Presentation</span></p><p>The final moat that I’ll give Tesla credit for is their brand, and I don’t think anyone can argue with this – but just in case you want to, I’ll add in the below graphic comparing Tesla’s ad-spending per car sold back in 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7c781fe9080e9f67aa3ce0af810baa2\" tg-width=\"640\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>Visual Capitalist</span></p><p>This is another one of the many reasons why Tesla is able to churn out industry-leading margins.</p><p>Despite this lack of marketing, demand is still substantially outweighing supply, as per Elon Musk on the Q1’22 conference call:</p><blockquote>I should mention that it may seem like maybe we’re being unreasonable about increasing the prices of our vehicles, given that we had record profitability this quarter, but the wait list for our vehicles is quite long. And some of the vehicles that people will order, the wait list extends into next year. So, our prices of vehicles ordered now are really anticipating supplier and logistics cost growth that we’re aware of and believe will happen over the next 6 to 12 months. So, that’s why we have the price increases today because the car ordered today will arrive, in some cases, a year from now. So, we have a very long wait list, and we’re obviously not demand-limited. We are production-limited by -- very much production-limited.</blockquote><p>As you can also see, a strong brand gives pricing power &amp; this is just one other lever Tesla can pull in order to keep delivering strong financial results.</p><p>All in all, there are several powerful economic moats that should help Tesla protect itself from the ever-emerging competition.</p><p><b>Outlook</b></p><p>I’ll be honest, it’s pretty difficult to give an exact figure on the potential opportunity for Tesla – particularly if the company succeeds with its full self-driving, the robotaxi network, or even the Optimus robot. I think all any shareholder needs to know is that the opportunity is huge, and it’s only getting bigger.</p><p>If I take a step back and focus solely on the EV market, the opportunity remains both fast growing and enormous. According to Facts and Factors, the global electric vehicle market is expected to grow from a size of $185 billion in 2021 to $980 billion by 2028, implying a CAGR of 24.5% over that period – with Tesla leading the charge (geddit?).</p><p><b>Management</b></p><p>When it comes to fast-paced, innovative companies, I always aim to find founder-led businesses where inside ownership is high. I’ll start by highlighting that, even though Elon Musk is not the founder of Tesla, he certainly has his heart and soul in the business. If he walks like a founder and talks like a founder, I’m more than happy to consider Elon Musk a founder.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3d7ef06816853cbc8925c926acef1fb\" tg-width=\"640\" tg-height=\"318\" referrerpolicy=\"no-referrer\"/><span>Tesla Q1&#39;22 Investor Presentation</span></p><p>I also want to invest in companies where leadership has skin-in-the-game, and Mr. Musk has this in abundance. This is a CEO who understands what skin-in-the-game truly means, as he shows in this 2019 tweet.</p><p>But do the numbers back that up? They certainly do, as Elon Musk owns ~25% of the company – no wonder he’s the richest man in the world!</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c94e4e6285ec0abd74a194a9cf51c478\" tg-width=\"640\" tg-height=\"95\" referrerpolicy=\"no-referrer\"/><span>Tesla 2021 Proxy Filing / Excel</span></p><p>I also like to take a quick look on Glassdoor to get an idea about the culture of a company, and Tesla gets somewhat underwhelming scores from the ~7,000 reviews left by employees. Any score over 4.0 is impressive, and Tesla fails to obtain this in any category. The score is particularly low on Work/Life Balance, which probably isn’t a surprise to anyone – whilst Elon Musk has undoubtedly driven the world forward with some of his companies, he also has a reputation of being tough to work for. He has incredibly high expectations from himself and those around him – unfortunately, this appears to have led to a culture within Tesla that I would not be too happy with as a shareholder.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5a0db0f879ac0ac11e4ff2c8e86530d\" tg-width=\"640\" tg-height=\"335\" referrerpolicy=\"no-referrer\"/><span>Glassdoor</span></p><p><b>Financials</b></p><p>Tesla’s financial profile over the last few years is something of a turnaround story, starting with their balance sheet. Back in 2018, the company had almost 3x as much debt as they had cash. Fast-forward to 2021, and that has completed flipped, with cash now representing more than 3x their debt. This has been driven by the company&#39;s ability to ramp up sales and bring in additional cash flow to shore up the balance sheet, as well as raising funds through additional share offerings. The bankruptcy risk to Tesla around 2018 was well documented, but clearly now it is a company in an extremely robust financial position that will serve it will for the future.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9fcd19b7e6b5ff0d24497bfe963e7db2\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/><span>Tesla SEC Filings / Excel</span></p><p>Revenue growth has been lumpy over this period, at times impacted by the needed ramp up of its production facilities as well as the impact of lockdowns during the pandemic – but 2021 saw revenue absolutely soar as the world opened up again, and consumer spending took off like a rocket.</p><p>Margins and cash flow for this business are impressive, whichever way you look at it. The EBIT margin has seen astounding expansion for such a capital-intensive business, and similarly the ~$11.5 billion in operating cash flow in 2021 is incredibly strong. It makes you wonder how a business goes from the brink of bankruptcy to a cash generating machine in just a few years.</p><p><b>Valuation</b></p><p>As with all high growth, innovative companies, valuation is tough – and for a company who believe their future products to be life changing, it is even more difficult. I believe that my approach will give me an idea about whether Tesla is insanely overvalued or undervalued, but valuation is the final thing I look at - the quality of the business itself is far more important in the long run.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48ad05f01f439dfffcb8971c90609b3c\" tg-width=\"640\" tg-height=\"658\" referrerpolicy=\"no-referrer\"/><span>Tesla SEC Filings / Excel</span></p><p>My model assumes revenue growth of 50% for 2022, following Tesla&#39;s guidance of 50% YoY growth in vehicle deliveries driven by the continued strong demand and production ramp up despite the continued issues in Shanghai. I have then assumed a slowdown in revenue growth through to 2026. It’s perfectly reasonable to think that this is too conservative, however I would always prefer to be too conservative rather than too optimistic.</p><p>I have also assumed a gradual margin expansion as Tesla continues to benefit from its scale, and those investments in vertically integrated aspects of its business start to play out.</p><p>I assumed that shares outstanding will increase by 5% annually through to 2026. Tesla has a history of diluting shareholders, however I still think that this assumption is prudent – as Tesla continues to produce more cash, I doubt it will continue to dilute shareholders at a dramatic rate.</p><p>Finally, I’ve chosen a wide range of EV / FCF multiples for the low, medium, and high scenario. This represents my own uncertainty about the future of Tesla, the fact that it is priced for a lot of success, but also the fact that it could see success that is far beyond my imagination.</p><p>Put this all together, and my mid-range scenario implies an 11% CAGR of Tesla shares from today through to 2026.</p><p><b>Risks</b></p><p>There are a number of potential risks for Tesla, as my fellow Seeking Alpha highlights in this detailed article. I do think the approach is very &#34;glass half empty,&#34; but it is useful for potential shareholders to familiarize themselves with these risks.</p><p>In my eyes, there are a couple of main risks. First is competition – EVs are growing in popularity, and there are a number of new EV-specialist car manufacturers as well as the incumbents who are all coming to do battle with Tesla. Clearly, Tesla has a huge head start, but shareholders should keep an eye on any competitors who appear to be closing this gap.</p><p>The second risk primarily relates to China. Clearly there are geopolitical risks, and China is also one of the most competitive markets for electric vehicles – and, it’s likely to grow and be the largest. If Tesla is impacted by geopolitics, then it could suffer greatly. Just take a look at the below table of car sales over the past few years to see the impact that China is having on Tesla’s business, with its growth outpacing the US and Other substantially.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0180430811196be3b429d3a937fabcb2\" tg-width=\"640\" tg-height=\"207\" referrerpolicy=\"no-referrer\"/><span>Tesla 2021 Annual Report</span></p><p>The final risk is that of a recession, which could certainly be looming. Whilst I think Tesla does benefit from secular tailwinds, I would not be surprised to see consumers cut back on spending for new, somewhat luxury cars - and I&#39;d expect the automotive industry to be hit particularly hard.</p><p><b>Summary</b></p><p>An investment in Tesla is certainly not for the faint hearted, and I want to highlight that my current view on Tesla is a <b>tentative buy rating</b>. I wouldn’t be surprised to hear either of the following statements in 2030:</p><p>“Remember when we used to drive cars? The fact that we’ve got these Tesla robotaxis is crazy when you think about it, they’ve taken over the world!”</p><p><b>Or</b></p><p>“Tesla sure was overhyped. They really struggled in China, and in the end they ended up just being a car company – despite what I’d seen on Reddit, poor Elon.”</p><p>Personally, I believe that Tesla does have a bright future – even if I can’t predict it with much certainty, there are so many tailwinds driving this brilliant company forward. The share price today offers a much more attractive risk / reward profile, and that I why I would be happy to add this ground-breaking company to my investment portfolio.</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>Tesla: This Investment Is Not For The Faint-Hearted</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: This Investment Is Not For The Faint-Hearted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4520825-tesla-this-investment-is-not-for-the-faint-hearted><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla is the world’s leading electric vehicle manufacturer.The company’s shares are down more than 40% from their 52-week high, which in the current environment is relatively resilient for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4520825-tesla-this-investment-is-not-for-the-faint-hearted\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4520825-tesla-this-investment-is-not-for-the-faint-hearted","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2247564800","content_text":"SummaryTesla is the world’s leading electric vehicle manufacturer.The company’s shares are down more than 40% from their 52-week high, which in the current environment is relatively resilient for expensive tech stocks.The future of this business is somewhat shrouded in mystery, with CEO Elon Musk having a habit of overpromising and underdelivering.Despite this, Tesla is at the forefront of a shift to electrification, and I for one can get behind its mission to “accelerate the world’s transition to sustainable energy”.MikeMareen/iStock Editorial via Getty ImagesInvestment ThesisReach for the stars, and if you don't grab 'em, at least you'll fall on top of the worldI hope that everyone here recognizes the lyrical genius of Mr. Worldwide himself, especially this line is taken from Pitbull’s songGive Me Everything.I can’t help but feel like CEO (sorry, Technoking) of Tesla, Inc. (NASDAQ:NASDAQ:TSLA) Elon Musk found himself inspired by these lyrics. He certainly has a habit of reaching for the stars – whether it's quite literally thanks to SpaceX, or the fact that he has a habit of making wild promises & setting goals that go far beyond the realms of \"ambitious.\"Yet Mr. Musk has found himself falling on top of the world, as Tesla has had a fantastic few years and continues to make impressive progress on full self-driving. Tesla continues to reach for the stars, but will they just come crashing down to earth? I put the company through my investing framework to find out.Business OverviewTesla has pioneered electric vehicle technology since its inception almost 20 years ago, and the company appears to have reached an inflection point over the past 5 years – moving from the brink of bankruptcy in 2018 to a trillion dollar company in 2021.Tesla is primarily an automotive company right now, and it has four car models:Model S: a 4-door, high performance sedanModel 3: a 4-door, mid-size sedan designed for the mass-marketModel X: a mid-size, high-performance SUVModel Y: a company SUV built on the Model 3 platformTeslaThe rollout of Tesla’s Model 3 helped transform the business over the past 5 years. Its mass-market appeal and more affordable price point certainly turned Tesla from an up-and-coming EV company to a genuine automotive business. The below chart highlights just how important the Model 3 has been to Tesla over recent years.StatistaTesla also offers additional products for energy generation and storage. These include Powerwall, a lithium-ion battery storage product designed for a home, Megapack, an energy storage solution for much larger facilities, and Solar Roof, which is well... a solar powered roof.The company also has also invested in a significant amount of vertical integration and additional solutions, including but not limited to:In-house developed battery and powertrain technologySelf-Driving technologies, with offerings such as Autopilot and FSD (Full self-driving).A network of Tesla Superchargers, which offer high-speed EV charging for Tesla ownersA direct-to-consumer sales approach through its website, and an international network of company owned storesAn insurance product which was launched in California in 2019, and has expanded into more and more statesIt would be possible to do a dedicated article on every single one of these additional solutions – but I don’t want to write a novel, at least not yet. That is before considering the future products that Tesla could potentially offer, such as the cybertruck, a network of robotaxis, and Elon Musk’s new favorite toy – the Optimus robot. Whilst I don’t expect all of these ideas to succeed, I do like to see a company with optionality, and Tesla has this in abundance.The Optimus Robot (Tesla)Economic MoatsWith every business, I look to see if there are any durable competitive advantages (aka economic moats) that will help the company continue to thrive whilst protecting itself from competition. Right now, I believe that Tesla has a number of competitive advantages.The first moat worth highlighting is the network effect that Tesla has. Its vehicles are substantially more technologically advanced and interconnected than those of the incumbent manufacturers, and as such Tesla is able to generate a wealth of data from every mile that is driven.This has given them a lead in autonomous driving, as the company has been able to analyze the ever-growing masses of data received from its FSD programs, following which they are able to iterate and rollout improved versions. Tesla is still yet to completely crack full self-driving, but once (or if) it does, it will be transformational for both the company and the world. The below quote from CEO Musk clearly shows his excitement combined with an awareness that this has been a long time coming, yet has never arrived:Well, with respect to full self-driving, of any technology development I’ve ever been involved in, I’ve never really seen more kind of false dawns or where it seems like we’re going to break through, but we don’t, as I’ve seen in full self-driving. And ultimately, what it comes down to is that to solve full self-driving, you actually have to solve real-world artificial intelligence, which is -- which nobody has solved. The whole road system is made for biological neural nets and eyes. And so, actually, when you think about it, in order to solve for full self-driving, we have to solve neural nets and cameras to a degree of capability that is on par with or really exceeds humans.And I think we will achieve that this year. The best way to reach your own assessment is to join the Tesla full self-driving beta program where we have over 100,000 people right now enrolled in that program, and we expect to broaden that significantly this year. So, that’s my recommendation, is join the full self-driving beta program and experience it for yourself and take note of the rate of improvement with every release. And we put out a new release roughly every two weeks. And you’ll see a little bit of two steps forward, one step back. But overall, the rate of improvement is incredibly quick.So, Musk thinks FSD will be achieved this year – I’m sure he’s never said that before…Regardless, the amount of data that Tesla has been able to obtain for FSD is unmatched by competitors, and the network effect is this: more data leads to improved FSD, improved FSD leads to more customers buying Teslas and using FSD, more customers using FSD results in more data, and more data leads to improved FSD. Humans have been trying to crack autonomous driving for a long time, but this network effect may well provide the best opportunity yet.Another network effect that I think is more realistic & sometimes overlooked is with insurance, probably because it’s not as exciting as the idea of robotaxis. Yet it is a similar story to the one above; Tesla has a very connected network of cars with tons of data, and this should enable them to offer data-driven insurance to customers that ends up being increasingly accurate as this network grows.Tesla also benefits from some switching costs, and this is driven by their network of Superchargers. The company has worked hard to build out this network & ensure that Tesla drivers can access these Superchargers easily – but, originally these were only available for Tesla drivers. This is clearly a switching cost, but Tesla has recently trialed opening up its Supercharger network to non-Tesla EVs. Whilst this reduces Tesla’s competitive advantage, I think it was always going to be eroded away over time as EV adoption increases – so perhaps this pilot is Tesla’s way of getting ahead of the curve?Tesla also has the benefit of low-cost production, driven by their vertical integration on battery technology, direct-to-consumer sales, and the ultra-efficient Gigafactories. In fact, a view of their TTM operating margin compared to the incumbents is quite incredible – particularly when you consider that Tesla continues to be less established, and probably has even more room to expand these margins, particularly with the potential for additional software offerings.Tesla Q1'22 Investor PresentationThe final moat that I’ll give Tesla credit for is their brand, and I don’t think anyone can argue with this – but just in case you want to, I’ll add in the below graphic comparing Tesla’s ad-spending per car sold back in 2021.Visual CapitalistThis is another one of the many reasons why Tesla is able to churn out industry-leading margins.Despite this lack of marketing, demand is still substantially outweighing supply, as per Elon Musk on the Q1’22 conference call:I should mention that it may seem like maybe we’re being unreasonable about increasing the prices of our vehicles, given that we had record profitability this quarter, but the wait list for our vehicles is quite long. And some of the vehicles that people will order, the wait list extends into next year. So, our prices of vehicles ordered now are really anticipating supplier and logistics cost growth that we’re aware of and believe will happen over the next 6 to 12 months. So, that’s why we have the price increases today because the car ordered today will arrive, in some cases, a year from now. So, we have a very long wait list, and we’re obviously not demand-limited. We are production-limited by -- very much production-limited.As you can also see, a strong brand gives pricing power & this is just one other lever Tesla can pull in order to keep delivering strong financial results.All in all, there are several powerful economic moats that should help Tesla protect itself from the ever-emerging competition.OutlookI’ll be honest, it’s pretty difficult to give an exact figure on the potential opportunity for Tesla – particularly if the company succeeds with its full self-driving, the robotaxi network, or even the Optimus robot. I think all any shareholder needs to know is that the opportunity is huge, and it’s only getting bigger.If I take a step back and focus solely on the EV market, the opportunity remains both fast growing and enormous. According to Facts and Factors, the global electric vehicle market is expected to grow from a size of $185 billion in 2021 to $980 billion by 2028, implying a CAGR of 24.5% over that period – with Tesla leading the charge (geddit?).ManagementWhen it comes to fast-paced, innovative companies, I always aim to find founder-led businesses where inside ownership is high. I’ll start by highlighting that, even though Elon Musk is not the founder of Tesla, he certainly has his heart and soul in the business. If he walks like a founder and talks like a founder, I’m more than happy to consider Elon Musk a founder.Tesla Q1'22 Investor PresentationI also want to invest in companies where leadership has skin-in-the-game, and Mr. Musk has this in abundance. This is a CEO who understands what skin-in-the-game truly means, as he shows in this 2019 tweet.But do the numbers back that up? They certainly do, as Elon Musk owns ~25% of the company – no wonder he’s the richest man in the world!Tesla 2021 Proxy Filing / ExcelI also like to take a quick look on Glassdoor to get an idea about the culture of a company, and Tesla gets somewhat underwhelming scores from the ~7,000 reviews left by employees. Any score over 4.0 is impressive, and Tesla fails to obtain this in any category. The score is particularly low on Work/Life Balance, which probably isn’t a surprise to anyone – whilst Elon Musk has undoubtedly driven the world forward with some of his companies, he also has a reputation of being tough to work for. He has incredibly high expectations from himself and those around him – unfortunately, this appears to have led to a culture within Tesla that I would not be too happy with as a shareholder.GlassdoorFinancialsTesla’s financial profile over the last few years is something of a turnaround story, starting with their balance sheet. Back in 2018, the company had almost 3x as much debt as they had cash. Fast-forward to 2021, and that has completed flipped, with cash now representing more than 3x their debt. This has been driven by the company's ability to ramp up sales and bring in additional cash flow to shore up the balance sheet, as well as raising funds through additional share offerings. The bankruptcy risk to Tesla around 2018 was well documented, but clearly now it is a company in an extremely robust financial position that will serve it will for the future.Tesla SEC Filings / ExcelRevenue growth has been lumpy over this period, at times impacted by the needed ramp up of its production facilities as well as the impact of lockdowns during the pandemic – but 2021 saw revenue absolutely soar as the world opened up again, and consumer spending took off like a rocket.Margins and cash flow for this business are impressive, whichever way you look at it. The EBIT margin has seen astounding expansion for such a capital-intensive business, and similarly the ~$11.5 billion in operating cash flow in 2021 is incredibly strong. It makes you wonder how a business goes from the brink of bankruptcy to a cash generating machine in just a few years.ValuationAs with all high growth, innovative companies, valuation is tough – and for a company who believe their future products to be life changing, it is even more difficult. I believe that my approach will give me an idea about whether Tesla is insanely overvalued or undervalued, but valuation is the final thing I look at - the quality of the business itself is far more important in the long run.Tesla SEC Filings / ExcelMy model assumes revenue growth of 50% for 2022, following Tesla's guidance of 50% YoY growth in vehicle deliveries driven by the continued strong demand and production ramp up despite the continued issues in Shanghai. I have then assumed a slowdown in revenue growth through to 2026. It’s perfectly reasonable to think that this is too conservative, however I would always prefer to be too conservative rather than too optimistic.I have also assumed a gradual margin expansion as Tesla continues to benefit from its scale, and those investments in vertically integrated aspects of its business start to play out.I assumed that shares outstanding will increase by 5% annually through to 2026. Tesla has a history of diluting shareholders, however I still think that this assumption is prudent – as Tesla continues to produce more cash, I doubt it will continue to dilute shareholders at a dramatic rate.Finally, I’ve chosen a wide range of EV / FCF multiples for the low, medium, and high scenario. This represents my own uncertainty about the future of Tesla, the fact that it is priced for a lot of success, but also the fact that it could see success that is far beyond my imagination.Put this all together, and my mid-range scenario implies an 11% CAGR of Tesla shares from today through to 2026.RisksThere are a number of potential risks for Tesla, as my fellow Seeking Alpha highlights in this detailed article. I do think the approach is very \"glass half empty,\" but it is useful for potential shareholders to familiarize themselves with these risks.In my eyes, there are a couple of main risks. First is competition – EVs are growing in popularity, and there are a number of new EV-specialist car manufacturers as well as the incumbents who are all coming to do battle with Tesla. Clearly, Tesla has a huge head start, but shareholders should keep an eye on any competitors who appear to be closing this gap.The second risk primarily relates to China. Clearly there are geopolitical risks, and China is also one of the most competitive markets for electric vehicles – and, it’s likely to grow and be the largest. If Tesla is impacted by geopolitics, then it could suffer greatly. Just take a look at the below table of car sales over the past few years to see the impact that China is having on Tesla’s business, with its growth outpacing the US and Other substantially.Tesla 2021 Annual ReportThe final risk is that of a recession, which could certainly be looming. Whilst I think Tesla does benefit from secular tailwinds, I would not be surprised to see consumers cut back on spending for new, somewhat luxury cars - and I'd expect the automotive industry to be hit particularly hard.SummaryAn investment in Tesla is certainly not for the faint hearted, and I want to highlight that my current view on Tesla is a tentative buy rating. I wouldn’t be surprised to hear either of the following statements in 2030:“Remember when we used to drive cars? The fact that we’ve got these Tesla robotaxis is crazy when you think about it, they’ve taken over the world!”Or“Tesla sure was overhyped. They really struggled in China, and in the end they ended up just being a car company – despite what I’d seen on Reddit, poor Elon.”Personally, I believe that Tesla does have a bright future – even if I can’t predict it with much certainty, there are so many tailwinds driving this brilliant company forward. The share price today offers a much more attractive risk / reward profile, and that I why I would be happy to add this ground-breaking company to my investment portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9086419618,"gmtCreate":1650491178771,"gmtModify":1676534733938,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086419618","repostId":"1105569285","repostType":4,"repost":{"id":"1105569285","pubTimestamp":1650468622,"share":"https://www.laohu8.com/m/news/1105569285?lang=&edition=full","pubTime":"2022-04-20 23:30","market":"us","language":"en","title":"Is The End Near For Musk And Tesla?","url":"https://stock-news.laohu8.com/highlight/detail?id=1105569285","media":"Seeking Alpha","summary":"SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, ","content":"<html><head></head><body><p>Summary</p><ul><li>Despite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.</li><li>While regulators may still be too frightened to hold Musk accountable, a change in public opinion would be far more consequential to Musk and his empire.</li><li>The hype around Musk’s stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead of Tesla.</li></ul><p>For years, Elon Musk has used hype to prop up Tesla’s stock. It’s worked so well that other companies have followed his lead. But now, we think the world has seen that the emperor has no clothes. The attempted Twitter (TWTR) takeover is yet another example of Musk bullying his way into what he wants and underscores how his super-star status cannot always convince people to overlook his irreverent, reckless, and potentially illegal behavior. As the recent lawsuit againstMusk shows, he is not completely immune from the consequences of his actions. Despite recent gains, investors should consider selling Tesla (NASDAQ:TSLA) and other meme stocks now, before institutional money bails.</p><p><b>End of the Road for Musk</b></p><p>Most investors are keenly aware of Musk’s long history of making grand promises that don’t come true – the Roadster, the Semi, the Cybertruck, full-self driving (FSD) etc. – and at times are blatantly unethical, such as tweeting “funding secured” to go private, and pumping Doge coin. But now, we have evidence that he may have acted illegally in the way he reported his purchases of Twitter stock. Given the clear rules about how investors should report large stakes in public companies – like what Musk has in Twitter – this case seems straightforward: Musk broke the rules.</p><p>The next question is how severely he will be punished. If the past is any guide, regulators will not muster more than a slap on the wrist. The real question is how institutional investors will react to signs Musk has pushed the envelope too far.</p><p>Institutional investors own Tesla stock more often because they must, given its influence on their performance, than because they see it as a good investment. Any investor with a rigorous process can see the stock is ridiculously overvalued; so, you own it for the “Musk effect”. Accordingly, the institutional investors’ decision to sell Tesla stock will be based on when Musk’s outsized influence begins to wane.</p><p>We think that moment has come.</p><p><b>Musk Meets His Maker: Twitter</b></p><p>In our view, Musk’s repeated rule-breaking behavior has finally gone too far. Details of the case are still emerging, but Musk’s failure to disclose his more than 5% stake in Twitter arguably hurt investors who sold shares after he crossed that ownership threshold. Instead, Musk kept purchasing shares until reaching a 9% stake in Twitter before disclosing his position. The initial class-action lawsuit and the potential for more have finally gotten the attention of investors, if not regulators.</p><p>The poor reception Twitter’s employees gave the news of Musk’s stake is a very public rejection of his super-star influencer status and provide the first tangible evidence that maybe his star power has limitations. If a hostile takeover prompts a mass exodus of talent, then Musk might end up destroying the company in the process of buying it. That being said, the loudest voices in the company are not necessarily the most valuable.</p><p>As more people join lawsuits against Musk, and Twitter employees continue to express their mistrust of the company’s largest shareholder, institutional investors may seize this moment to quietly unload their shares of overvalued Tesla stock. Now is the time to sell because the price of the stock to this point has been more a reflection of Musk’s ability to draw an audience than any underlying fundamental value in the company.</p><p><b>Live by the Stunt, Die by the Stunt</b></p><p>Ultimately, it appears that as much as Twitter was the launch pad for Musk’s super influence powers, his failure thus far to win the publicity battle could mark the beginning-of-the-end of his super-star status.</p><p>Musk’s Twitter play, which is another in a long series of distractions, could end poorly for Musk. Instead of addressing Tesla’s issues, Musk appears to be attempting to position himself as a defender of free speech. The risk he faces is that instead of looking like a hero he looks more like a bully running an ego-driven takeover with little regard for the rules. While regulators may still be too frightened to hold Musk accountable (more on this below), a change in public opinion would be far more consequential to Musk and his empire.</p><p>Tesla’s investors have not been impressed with Musk’s Twitter antics either, as the stock is down 11% since he announced his ownership in the social media giant. Likewise, the “Musk bump” in Twitter shares is likely to fade as investors realize the only value Musk brought was publicity, and not good publicity either. Although Twitter remains a popular platform, it has its own problems and suggestions such as removing a letter from its name can do more harm than good.</p><p><b>Why Haven’t Regulators Done Anything Before Now?</b></p><p>Tesla’s high stock price has, thus far, kept its CEO well beyond an arm’s length of regulators. Other executives in other times likely would have faced consequences for many of the things Musk has said and done. Today, Tesla’s high stock price indicates investors’ collective belief in Musk’s promises and protects Musk. Regulators don’t want to be accused of causing the company’s stock price to fall, thereby destroying the wealth of many investors and, as a result, footing the cost of defending against numerous shareholder lawsuits.</p><p>Furthermore, Musk can claim Tesla’s elevated stock price and the wealth it endows is what he needs to fulfill his outlandish promises over time. However, should Tesla’s stock price ever reflect realistic expectations for the company, authorities may feel emboldened to pursue legal or regulatory action against Musk and/or Tesla. Credible claims can be made for several offenses, including:</p><ul><li>stock and cryptocurrency manipulation</li><li>false advertising of Full Self Driving (FSD)</li><li>ignoring safety authorities</li><li>neglecting to file documentation on time related to his purchase of Twitter’s shares</li><li>and other claims of dubious veracity</li></ul><p><b>What Will Regulators Do When the Bubble Pops?</b></p><p>Musk has positioned himself as a pop-culture icon. Though society loves to build up celebrities, so too does it love tearing them down even more. Once Tesla’s stock price falls from its overly inflated levels, Musk will lose his cover that has protected him from all his unethical and arguably illegal behavior. Regulators are likely to come after Musk with knives out after all the humiliation they had to suffer at his hand.</p><p><b>Trouble on the Horizon</b></p><p>All the hype around Musk’s large stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead for Tesla. Of course, that is likely his goal. Below we discuss the fundamentals of Tesla’s business, which cannot be wished away or made irrelevant with hype.</p><p><b>Incumbents Are Catching Up:</b> Tesla’s first-mover advantage has long been cited as reason enough for investors to pile their money into the company. However, that advantage is gone, and in some cases turning into a lag. Ford (F), Rivian (RIVN), and General Motors (GM) aim to produce EV trucks in 2022, but Tesla will be on the sidelines until at least 2023 before launching its Cybertruck.</p><p>The rising competition from incumbents means the days of Tesla’s rising profitability could be numbered. For starters, 26% of the company’s GAAP earnings in 2021 were from the sale of regulatory credits, not from the underlying economics of making and selling vehicles and other ancillary services.</p><p>Once incumbents increase production of EVs they will need to purchase fewer credits from Elon. That means Tesla needs to actually start <i>selling</i> <i>cars</i>to make money. The catch-22 is that for the company to sell more cars, it first needs to increase its production capacity. If Tesla’s succeeds in selling more cars capital expenditure and working capital are primed to grow along with sales. Tesla needs to build economies of scale before it can benefit from them.</p><p><b>Market Share Losses Continue:</b> Incumbent automakers have entered the EV market with scale and are already taking market share from Tesla. Per Figure 2, Tesla’s share of global EV sales fell from 16% in 2019 to 14% in 2021.</p><p>Tesla’s share of the U.S. EV market fell from 79% in2020to 70% in2021. With light truck sales comprising more than three out of every four vehicles sold in the U.S. in January 2022, Tesla falling behind in truck EVs means its share of the U.S. market could fall further.</p><p><b>Figure 2: Tesla’s Share of the Global EV Sales</b></p><p><img src=\"https://static.tigerbbs.com/bc4dd16dde86e1ab31f85bd8a2af4aee\" tg-width=\"630\" tg-height=\"260\" referrerpolicy=\"no-referrer\"/></p><p>TSLA Market Share Since 2019(New Constructs, LLC)</p><p>Sources: New Constructs, LLC, EV-volumes.com and Statista</p><p><b>Slow Start to 2022:</b>Though Teslaforecastedan at least 50% YoY rise in deliveries in 2022, the company is feeling the effects of supply chain problems – just like every other automaker. The company delivered 310,000 vehicles in the quarter, while consensus estimates were for 313,000.</p><p><b>Reverse DCF Math: Valuation Implies Tesla Will Own at Least 57% of the Global Passenger EV Market</b></p><p>Despite the increased competition, failure to meet delivery expectations, and diminutive share of the global EV market in 2021, Tesla’s valuation implies the company will own 57% of the global passenger EV market in 2030.</p><p>Even if Tesla increases the average selling price (ASP) per vehicle to $55K vs. ($49K in 2021), Tesla’s stock price at ~$1,100/share implies the firm will sell 15 million vehicles in 2030 versus ~936k in 2021. That figure represents 57% of the projected base case global EV passenger vehicle market in 2030 and the implied vehicle sales based on a lower ASP looks even more unrealistic.</p><p>To provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price, we assume Tesla achieves profit margins 1.5x Toyota Motor Corp (TM) and triples its current auto manufacturing efficiency.</p><p>Per Figure 3, an $1,100/share price implies that, in 2030, Tesla will sell the following number of vehicles based on these ASP benchmarks:</p><ul><li>15 million vehicles – ASP of $55K (above average U.S. new car price of $47K in 2021)</li><li>7 million vehicles – ASP of $49K (equal to Tesla’s 2021 ASP[1])</li><li>21 million vehicles – ASP of $38K (equal to General Motors’ ASP[2] of $38K in 2021)</li></ul><p>If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 26 million in 2030, the base case projection from the IEA):</p><ul><li>57% for 15 million vehicles</li><li>64% for 17 million vehicles</li><li>83% for 21 million vehicles</li></ul><p>If we assume the IEA’s best case for global passenger EV sales in 2030, 47 million vehicles, the above vehicle sales represent:</p><ul><li>31% for 15 million vehicles</li><li>35% for 17 million vehicles</li><li>45% for 21 million vehicles</li></ul><p><b>Figure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify $1,100/Share</b></p><p><img src=\"https://static.tigerbbs.com/bad84793f241565c81ebb0d29b01242c\" tg-width=\"630\" tg-height=\"284\" referrerpolicy=\"no-referrer\"/></p><p>TSLA DCF Implied Vehicle Production(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p><b>Tesla Must Generate More Profits Than Apple For Investors to Make Money</b></p><p>Below are the assumptions we use in our reverse discounted cash flow model to calculate the implied production levels above.</p><p>Bulls should understand what Tesla needs to accomplish to justify ~$1,100/share:</p><ul><li>immediately achieve a 14% NOPAT margin (1.5x Toyota’s margin, which is the highest of the large-scale automakers we cover), compared to Tesla’s TTM margin of 8%) and</li><li>grow revenue by 32% compounded annually from 2022 to 2030.</li></ul><p>In this scenario, Tesla generates <i>$811 billion</i> in revenue in 2030, which is 116% of the combined revenues of Toyota, Stellantis (STLA), Ford, General Motors, and Honda (HMC) over the past twelve months. Tesla must replace the U.S. auto industry before 2030 to justify current valuations.</p><p>This scenario also implies Tesla grows net operating profit after-tax (NOPAT) by 2,458% from 2021 to 2030. In this scenario, Tesla generates $112 billion in NOPAT in 2030, or 12% higher than Apple’s (AAPL) TTM NOPAT, which, at $100 billion, is the highest of all companies we cover, and 65% higher than Microsoft (MSFT), the second-highest. Those companies have intertwined themselves in the lives of consumers and businesses around the world, which seems an unlikely feat for Tesla at this point.</p><p><b>TSLA Has 46% Downside If Morgan Stanley Is Right About Sales</b></p><p>If we assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $55k, the stock is worth just $542/share. Details:</p><ul><li>NOPAT margin improves to 14% and</li><li>revenue grows 27% compounded annually over the next decade, then</li></ul><p>the stock is worth just $547/share today – a 46% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $62 billion, or nearly 14x its 2021 NOPAT, and just 7% below Alphabet’s (GOOGL) 2021 NOPAT.</p><p><b>TSLA Has 80%+ Downside Even with 27% Market Share and Realistic Margins</b></p><p>If we estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $200/share. Here’s the math:</p><ul><li>NOPAT margin improves to 9% (equal to Toyota’s TTM margin) and</li><li>revenue grows by consensus estimates from 2022 to 2024 and</li><li>revenue grows 17% a year from 2025 to 2030, then</li></ul><p>the stock is worth just $200/share today – an 80% downside to the current price.</p><p>In this scenario, Tesla sells 7 million cars (27% of the global passenger EV market in 2030) at an ASP of $47K (average new car price in U.S. in 2021) and grows NOPAT by 24% compounded annually from 2022 to 2030.</p><p>We also assume a more realistic NOPAT margin of 9% in this scenario, which is 1.3x higher than Toyota’s industry-leading five-year average NOPAT margin of 7%. Given the required capital requirements to fund manufacturing and match increased competition in the EV market, Tesla is unlikely to achieve and sustain a margin as high as 9% from 2022 to 2030. If Tesla fails to meet these expectations, then the stock is worth less than $200/share.</p><p>Figure 4 compares the firm’s historical NOPAT to the NOPAT implied in the above scenarios to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, we show Toyota’s, General Motors’, and Apple’s TTM NOPAT.</p><p><b>Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios</b></p><p><img src=\"https://static.tigerbbs.com/3e43f865637ac4c84e8199df2b05d061\" tg-width=\"630\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>TSLA DCF Implied NOPAT(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p>Each of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 49% compounded annually from 2011 to 2021 and 30% compounded annually since 2015.</p><p>An invested capital CAGR of 14% represents 1/3rdthe CAGR of Tesla’s property, plant, and equipment since 2011 and assumes the company can build future plants and produce cars 3x more efficiently than it has so far.</p><p>In other words, we aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.</p><p><b>Tesla Won’t Be the Only One to Fall</b></p><p>Other meme stocks have taken pages from the Musk playbook and will likely suffer the same fate we expect Tesla to suffer once the game is up. GameStop (GME) promised to transform itself into an ecommerce powerhouse, yet the company continues to head in the opposite direction and earnings continue to disappoint. GameStop’s Core Earnings fell from -$200 million in fiscal 2021 to -$321 million in fiscal 2022.</p><p>Despite the company’s inability to quickly execute operational change, GameStop’s stock has remained well above a reasonable valuation thanks in part to announcing the launch of a marketplace for nonfungible tokens (NFTs) and partnerships with blockchain firms.</p><p>AMC Entertainment Holdings (AMC) has also run several Tesla-esque plays to prop up its stock. Indeed, the company’s CEO recently tweeted that the company is “playing on offense again” with its investment in a microcap gold mine. Before gold mines, the company got on the crypto bandwagon in 2021 by accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.</p><p>Beyond the repeated attempts at propping up their stocks, the fundamentally weak business models of Tesla, GameStop, and AMC Entertainment in highly competitive industries burn cash and continue to dilute shareholders whenever possible. Per Figure 5, despite combining for more than $1.1 trillion of market cap, Tesla, AMC Entertainment, and GameStop have a combined economic book value, our measure of the no growth value of a stock, of -$52 billion and -$4.3 billion of free cash flow over the past twelve months.</p><p><b>Figure 5: Meme Stock’s Market Cap, Economic Book Value &amp; FCF: TTM</b></p><p><img src=\"https://static.tigerbbs.com/add55782c8e6b0e8a891f84c9ec7421f\" tg-width=\"630\" tg-height=\"119\" referrerpolicy=\"no-referrer\"/></p><p>Meme Stocks Market Cap, Economic Book Value, FCF(New Constructs, LLC)</p><p>Sources: New Constructs, LLC and company filings</p><p><i>This article originally published on April 14, 2022.</i></p><p><i>Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.</i></p><p>[1] Tesla’s ASP = (total automotive revenues – regulatory credits) / deliveries</p><p>[2] General Motors’ ASP = Vehicle, parts and accessories / wholesale vehicle sales</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs The End Near For Musk And Tesla?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-20 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4501979-is-the-end-near-for-musk-and-tesla","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105569285","content_text":"SummaryDespite recent gains, investors should consider selling Tesla and other meme stocks now, before institutional money bails.While regulators may still be too frightened to hold Musk accountable, a change in public opinion would be far more consequential to Musk and his empire.The hype around Musk’s stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead of Tesla.For years, Elon Musk has used hype to prop up Tesla’s stock. It’s worked so well that other companies have followed his lead. But now, we think the world has seen that the emperor has no clothes. The attempted Twitter (TWTR) takeover is yet another example of Musk bullying his way into what he wants and underscores how his super-star status cannot always convince people to overlook his irreverent, reckless, and potentially illegal behavior. As the recent lawsuit againstMusk shows, he is not completely immune from the consequences of his actions. Despite recent gains, investors should consider selling Tesla (NASDAQ:TSLA) and other meme stocks now, before institutional money bails.End of the Road for MuskMost investors are keenly aware of Musk’s long history of making grand promises that don’t come true – the Roadster, the Semi, the Cybertruck, full-self driving (FSD) etc. – and at times are blatantly unethical, such as tweeting “funding secured” to go private, and pumping Doge coin. But now, we have evidence that he may have acted illegally in the way he reported his purchases of Twitter stock. Given the clear rules about how investors should report large stakes in public companies – like what Musk has in Twitter – this case seems straightforward: Musk broke the rules.The next question is how severely he will be punished. If the past is any guide, regulators will not muster more than a slap on the wrist. The real question is how institutional investors will react to signs Musk has pushed the envelope too far.Institutional investors own Tesla stock more often because they must, given its influence on their performance, than because they see it as a good investment. Any investor with a rigorous process can see the stock is ridiculously overvalued; so, you own it for the “Musk effect”. Accordingly, the institutional investors’ decision to sell Tesla stock will be based on when Musk’s outsized influence begins to wane.We think that moment has come.Musk Meets His Maker: TwitterIn our view, Musk’s repeated rule-breaking behavior has finally gone too far. Details of the case are still emerging, but Musk’s failure to disclose his more than 5% stake in Twitter arguably hurt investors who sold shares after he crossed that ownership threshold. Instead, Musk kept purchasing shares until reaching a 9% stake in Twitter before disclosing his position. The initial class-action lawsuit and the potential for more have finally gotten the attention of investors, if not regulators.The poor reception Twitter’s employees gave the news of Musk’s stake is a very public rejection of his super-star influencer status and provide the first tangible evidence that maybe his star power has limitations. If a hostile takeover prompts a mass exodus of talent, then Musk might end up destroying the company in the process of buying it. That being said, the loudest voices in the company are not necessarily the most valuable.As more people join lawsuits against Musk, and Twitter employees continue to express their mistrust of the company’s largest shareholder, institutional investors may seize this moment to quietly unload their shares of overvalued Tesla stock. Now is the time to sell because the price of the stock to this point has been more a reflection of Musk’s ability to draw an audience than any underlying fundamental value in the company.Live by the Stunt, Die by the StuntUltimately, it appears that as much as Twitter was the launch pad for Musk’s super influence powers, his failure thus far to win the publicity battle could mark the beginning-of-the-end of his super-star status.Musk’s Twitter play, which is another in a long series of distractions, could end poorly for Musk. Instead of addressing Tesla’s issues, Musk appears to be attempting to position himself as a defender of free speech. The risk he faces is that instead of looking like a hero he looks more like a bully running an ego-driven takeover with little regard for the rules. While regulators may still be too frightened to hold Musk accountable (more on this below), a change in public opinion would be far more consequential to Musk and his empire.Tesla’s investors have not been impressed with Musk’s Twitter antics either, as the stock is down 11% since he announced his ownership in the social media giant. Likewise, the “Musk bump” in Twitter shares is likely to fade as investors realize the only value Musk brought was publicity, and not good publicity either. Although Twitter remains a popular platform, it has its own problems and suggestions such as removing a letter from its name can do more harm than good.Why Haven’t Regulators Done Anything Before Now?Tesla’s high stock price has, thus far, kept its CEO well beyond an arm’s length of regulators. Other executives in other times likely would have faced consequences for many of the things Musk has said and done. Today, Tesla’s high stock price indicates investors’ collective belief in Musk’s promises and protects Musk. Regulators don’t want to be accused of causing the company’s stock price to fall, thereby destroying the wealth of many investors and, as a result, footing the cost of defending against numerous shareholder lawsuits.Furthermore, Musk can claim Tesla’s elevated stock price and the wealth it endows is what he needs to fulfill his outlandish promises over time. However, should Tesla’s stock price ever reflect realistic expectations for the company, authorities may feel emboldened to pursue legal or regulatory action against Musk and/or Tesla. Credible claims can be made for several offenses, including:stock and cryptocurrency manipulationfalse advertising of Full Self Driving (FSD)ignoring safety authoritiesneglecting to file documentation on time related to his purchase of Twitter’s sharesand other claims of dubious veracityWhat Will Regulators Do When the Bubble Pops?Musk has positioned himself as a pop-culture icon. Though society loves to build up celebrities, so too does it love tearing them down even more. Once Tesla’s stock price falls from its overly inflated levels, Musk will lose his cover that has protected him from all his unethical and arguably illegal behavior. Regulators are likely to come after Musk with knives out after all the humiliation they had to suffer at his hand.Trouble on the HorizonAll the hype around Musk’s large stake in Twitter and the speculation around his plans for the social media platform takes focus away from the troubles, which are many, ahead for Tesla. Of course, that is likely his goal. Below we discuss the fundamentals of Tesla’s business, which cannot be wished away or made irrelevant with hype.Incumbents Are Catching Up: Tesla’s first-mover advantage has long been cited as reason enough for investors to pile their money into the company. However, that advantage is gone, and in some cases turning into a lag. Ford (F), Rivian (RIVN), and General Motors (GM) aim to produce EV trucks in 2022, but Tesla will be on the sidelines until at least 2023 before launching its Cybertruck.The rising competition from incumbents means the days of Tesla’s rising profitability could be numbered. For starters, 26% of the company’s GAAP earnings in 2021 were from the sale of regulatory credits, not from the underlying economics of making and selling vehicles and other ancillary services.Once incumbents increase production of EVs they will need to purchase fewer credits from Elon. That means Tesla needs to actually start selling carsto make money. The catch-22 is that for the company to sell more cars, it first needs to increase its production capacity. If Tesla’s succeeds in selling more cars capital expenditure and working capital are primed to grow along with sales. Tesla needs to build economies of scale before it can benefit from them.Market Share Losses Continue: Incumbent automakers have entered the EV market with scale and are already taking market share from Tesla. Per Figure 2, Tesla’s share of global EV sales fell from 16% in 2019 to 14% in 2021.Tesla’s share of the U.S. EV market fell from 79% in2020to 70% in2021. With light truck sales comprising more than three out of every four vehicles sold in the U.S. in January 2022, Tesla falling behind in truck EVs means its share of the U.S. market could fall further.Figure 2: Tesla’s Share of the Global EV SalesTSLA Market Share Since 2019(New Constructs, LLC)Sources: New Constructs, LLC, EV-volumes.com and StatistaSlow Start to 2022:Though Teslaforecastedan at least 50% YoY rise in deliveries in 2022, the company is feeling the effects of supply chain problems – just like every other automaker. The company delivered 310,000 vehicles in the quarter, while consensus estimates were for 313,000.Reverse DCF Math: Valuation Implies Tesla Will Own at Least 57% of the Global Passenger EV MarketDespite the increased competition, failure to meet delivery expectations, and diminutive share of the global EV market in 2021, Tesla’s valuation implies the company will own 57% of the global passenger EV market in 2030.Even if Tesla increases the average selling price (ASP) per vehicle to $55K vs. ($49K in 2021), Tesla’s stock price at ~$1,100/share implies the firm will sell 15 million vehicles in 2030 versus ~936k in 2021. That figure represents 57% of the projected base case global EV passenger vehicle market in 2030 and the implied vehicle sales based on a lower ASP looks even more unrealistic.To provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price, we assume Tesla achieves profit margins 1.5x Toyota Motor Corp (TM) and triples its current auto manufacturing efficiency.Per Figure 3, an $1,100/share price implies that, in 2030, Tesla will sell the following number of vehicles based on these ASP benchmarks:15 million vehicles – ASP of $55K (above average U.S. new car price of $47K in 2021)7 million vehicles – ASP of $49K (equal to Tesla’s 2021 ASP[1])21 million vehicles – ASP of $38K (equal to General Motors’ ASP[2] of $38K in 2021)If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 26 million in 2030, the base case projection from the IEA):57% for 15 million vehicles64% for 17 million vehicles83% for 21 million vehiclesIf we assume the IEA’s best case for global passenger EV sales in 2030, 47 million vehicles, the above vehicle sales represent:31% for 15 million vehicles35% for 17 million vehicles45% for 21 million vehiclesFigure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify $1,100/ShareTSLA DCF Implied Vehicle Production(New Constructs, LLC)Sources: New Constructs, LLC and company filingsTesla Must Generate More Profits Than Apple For Investors to Make MoneyBelow are the assumptions we use in our reverse discounted cash flow model to calculate the implied production levels above.Bulls should understand what Tesla needs to accomplish to justify ~$1,100/share:immediately achieve a 14% NOPAT margin (1.5x Toyota’s margin, which is the highest of the large-scale automakers we cover), compared to Tesla’s TTM margin of 8%) andgrow revenue by 32% compounded annually from 2022 to 2030.In this scenario, Tesla generates $811 billion in revenue in 2030, which is 116% of the combined revenues of Toyota, Stellantis (STLA), Ford, General Motors, and Honda (HMC) over the past twelve months. Tesla must replace the U.S. auto industry before 2030 to justify current valuations.This scenario also implies Tesla grows net operating profit after-tax (NOPAT) by 2,458% from 2021 to 2030. In this scenario, Tesla generates $112 billion in NOPAT in 2030, or 12% higher than Apple’s (AAPL) TTM NOPAT, which, at $100 billion, is the highest of all companies we cover, and 65% higher than Microsoft (MSFT), the second-highest. Those companies have intertwined themselves in the lives of consumers and businesses around the world, which seems an unlikely feat for Tesla at this point.TSLA Has 46% Downside If Morgan Stanley Is Right About SalesIf we assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $55k, the stock is worth just $542/share. Details:NOPAT margin improves to 14% andrevenue grows 27% compounded annually over the next decade, thenthe stock is worth just $547/share today – a 46% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $62 billion, or nearly 14x its 2021 NOPAT, and just 7% below Alphabet’s (GOOGL) 2021 NOPAT.TSLA Has 80%+ Downside Even with 27% Market Share and Realistic MarginsIf we estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $200/share. Here’s the math:NOPAT margin improves to 9% (equal to Toyota’s TTM margin) andrevenue grows by consensus estimates from 2022 to 2024 andrevenue grows 17% a year from 2025 to 2030, thenthe stock is worth just $200/share today – an 80% downside to the current price.In this scenario, Tesla sells 7 million cars (27% of the global passenger EV market in 2030) at an ASP of $47K (average new car price in U.S. in 2021) and grows NOPAT by 24% compounded annually from 2022 to 2030.We also assume a more realistic NOPAT margin of 9% in this scenario, which is 1.3x higher than Toyota’s industry-leading five-year average NOPAT margin of 7%. Given the required capital requirements to fund manufacturing and match increased competition in the EV market, Tesla is unlikely to achieve and sustain a margin as high as 9% from 2022 to 2030. If Tesla fails to meet these expectations, then the stock is worth less than $200/share.Figure 4 compares the firm’s historical NOPAT to the NOPAT implied in the above scenarios to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, we show Toyota’s, General Motors’, and Apple’s TTM NOPAT.Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation ScenariosTSLA DCF Implied NOPAT(New Constructs, LLC)Sources: New Constructs, LLC and company filingsEach of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 49% compounded annually from 2011 to 2021 and 30% compounded annually since 2015.An invested capital CAGR of 14% represents 1/3rdthe CAGR of Tesla’s property, plant, and equipment since 2011 and assumes the company can build future plants and produce cars 3x more efficiently than it has so far.In other words, we aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.Tesla Won’t Be the Only One to FallOther meme stocks have taken pages from the Musk playbook and will likely suffer the same fate we expect Tesla to suffer once the game is up. GameStop (GME) promised to transform itself into an ecommerce powerhouse, yet the company continues to head in the opposite direction and earnings continue to disappoint. GameStop’s Core Earnings fell from -$200 million in fiscal 2021 to -$321 million in fiscal 2022.Despite the company’s inability to quickly execute operational change, GameStop’s stock has remained well above a reasonable valuation thanks in part to announcing the launch of a marketplace for nonfungible tokens (NFTs) and partnerships with blockchain firms.AMC Entertainment Holdings (AMC) has also run several Tesla-esque plays to prop up its stock. Indeed, the company’s CEO recently tweeted that the company is “playing on offense again” with its investment in a microcap gold mine. Before gold mines, the company got on the crypto bandwagon in 2021 by accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.Beyond the repeated attempts at propping up their stocks, the fundamentally weak business models of Tesla, GameStop, and AMC Entertainment in highly competitive industries burn cash and continue to dilute shareholders whenever possible. Per Figure 5, despite combining for more than $1.1 trillion of market cap, Tesla, AMC Entertainment, and GameStop have a combined economic book value, our measure of the no growth value of a stock, of -$52 billion and -$4.3 billion of free cash flow over the past twelve months.Figure 5: Meme Stock’s Market Cap, Economic Book Value & FCF: TTMMeme Stocks Market Cap, Economic Book Value, FCF(New Constructs, LLC)Sources: New Constructs, LLC and company filingsThis article originally published on April 14, 2022.Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.[1] Tesla’s ASP = (total automotive revenues – regulatory credits) / deliveries[2] General Motors’ ASP = Vehicle, parts and accessories / wholesale vehicle sales","news_type":1},"isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9086117339,"gmtCreate":1650421280532,"gmtModify":1676534720785,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086117339","repostId":"2228674911","repostType":4,"repost":{"id":"2228674911","pubTimestamp":1650420261,"share":"https://www.laohu8.com/m/news/2228674911?lang=&edition=full","pubTime":"2022-04-20 10:04","market":"us","language":"en","title":"Goldman Sachs CEO, Deputies Said to Get Private-Equity-Like Compensation","url":"https://stock-news.laohu8.com/highlight/detail?id=2228674911","media":" Wall Street Journal","summary":"Paul Morigi/Getty Images EntertainmentGoldman Sachs (NYSE:GS) CEO David Solomon and a small circle o","content":"<html><head></head><body><p></p><p><img src=\"https://static.tigerbbs.com/90a596a5a9fc9e35632788e6e7b98fb3\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Paul Morigi/Getty Images Entertainment</p><p></p><p>Goldman Sachs (NYSE:GS) CEO David Solomon and a small circle of deputies will be getting a cut of profits from the firm&#39;s private investment funds, the<i> Wall Street Journal </i>reported Tuesday, citing people familiar with the plans.</p><p>Until now, the profits from those investments, called carried interest, were split evenly between Goldman (GS) and the executives managing the funds, a fairly common arrangement, the <i>WSJ</i> said.</p><p>Now the profits will be split 35% to the executives managing the fund, 10% to be shared amount ~400 Goldman partners, and 5% will go into a pool for Solomon and his closest lieutenants — fewer than a dozen people, the people told <i>WSJ. </i></p><p>The new plan for carving up the private investing profits risks the ire of Goldman (GS) fund managers and shareholders, the<i> WSJ </i>said.</p><p>Unlike many big Wall Street firms, Goldman (GS) is a force in private investing; it has $426M of its own money and that of clients invested in corporate buyouts, loans, real estate, and stakes in other investment funds, the article said.</p><p>Solomon was awarded $35M in total annual pay for 2021, the company disclosed in January. His compensation provoked criticism from proxy advisory firm Glass Lewis, which recommended that the firm&#39;s shareholders withhold support for Goldman&#39;s (GS) executive compensation proposal, calling <a href=\"https://laohu8.com/S/AONE.U\">one</a>-off grants to the CEO and chief operating officer as &#34;excessive.&#34;</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>Goldman Sachs CEO, Deputies Said to Get Private-Equity-Like Compensation</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\">\nGoldman Sachs CEO, Deputies Said to Get Private-Equity-Like Compensation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-20 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3824527-goldman-sachs-ceo-deputies-said-to-get-private-equity-like-compensation-wsj><strong> Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Paul Morigi/Getty Images EntertainmentGoldman Sachs (NYSE:GS) CEO David Solomon and a small circle of deputies will be getting a cut of profits from the firm's private investment funds, the Wall ...</p>\n\n<a href=\"https://seekingalpha.com/news/3824527-goldman-sachs-ceo-deputies-said-to-get-private-equity-like-compensation-wsj\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4127":"投资银行业与经纪业","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4504":"桥水持仓","BK4552":"Archegos爆仓风波概念","GS":"高盛"},"source_url":"https://seekingalpha.com/news/3824527-goldman-sachs-ceo-deputies-said-to-get-private-equity-like-compensation-wsj","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2228674911","content_text":"Paul Morigi/Getty Images EntertainmentGoldman Sachs (NYSE:GS) CEO David Solomon and a small circle of deputies will be getting a cut of profits from the firm's private investment funds, the Wall Street Journal reported Tuesday, citing people familiar with the plans.Until now, the profits from those investments, called carried interest, were split evenly between Goldman (GS) and the executives managing the funds, a fairly common arrangement, the WSJ said.Now the profits will be split 35% to the executives managing the fund, 10% to be shared amount ~400 Goldman partners, and 5% will go into a pool for Solomon and his closest lieutenants — fewer than a dozen people, the people told WSJ. The new plan for carving up the private investing profits risks the ire of Goldman (GS) fund managers and shareholders, the WSJ said.Unlike many big Wall Street firms, Goldman (GS) is a force in private investing; it has $426M of its own money and that of clients invested in corporate buyouts, loans, real estate, and stakes in other investment funds, the article said.Solomon was awarded $35M in total annual pay for 2021, the company disclosed in January. His compensation provoked criticism from proxy advisory firm Glass Lewis, which recommended that the firm's shareholders withhold support for Goldman's (GS) executive compensation proposal, calling one-off grants to the CEO and chief operating officer as \"excessive.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088600003,"gmtCreate":1650334206643,"gmtModify":1676534699115,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like&nbsp;","listText":"like&nbsp;","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088600003","repostId":"2228520952","repostType":4,"repost":{"id":"2228520952","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":1650323101,"share":"https://www.laohu8.com/m/news/2228520952?lang=&edition=full","pubTime":"2022-04-19 07:05","market":"us","language":"en","title":"US STOCKS-Wall St Ends Lower as Investors Await Further Earnings Cues","url":"https://stock-news.laohu8.com/highlight/detail?id=2228520952","media":"Reuters","summary":"* Bank of America boosts S&P 500* $Twitter(TWTR)$ gains after adopting 'poison pill'* Didi to meet on U.S. delisting plans, shares plunge* Indexes down: Dow 0.11%, S&P 0.02%, Nasdaq 0.14%U.S. stocks c","content":"<html><head></head><body><ul><li>* Bank of America boosts S&amp;P 500</li><li>* <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> gains after adopting &#39;poison pill&#39;</li><li>* Didi to meet on U.S. delisting plans, shares plunge</li><li>* Indexes down: Dow 0.11%, S&amp;P 0.02%, Nasdaq 0.14%</li></ul><p>U.S. stocks closed lower on Monday after a session which saw all three benchmarks slip between positive and negative territory, as investors contrasted Bank of America&#39;s positive earnings with surging bond yields ahead of further earnings cues this week.</p><p>Market participants are bracing for a barrage of earnings that will help them assess the impact of the Ukraine war and a spike in inflation on company financials. Netflix, Tesla, Johnson &amp; Johnson and International Business Machines are all to report this week.</p><p>Trading volumes were thin after the Easter break: 10.35 billion shares changed hands, compared with the 11.79 billion average for the full session over the last 20 trading days.</p><p>With European markets also remaining shut on Monday, this listless trading contributed to the topsy-turvy session.</p><p>&#34;The market is looking for some direction. Do we get it from earnings - maybe. But the overarching factors continue to be what does China look like with its zero-COVID policy, and what does the Fed look like going forward in terms of interest rates and inflation,&#34; said Jack Janasiewicz, portfolio manager and lead portfolio strategist at Natixis Investment Managers.</p><p>&#34;It&#39;s going to be some time before either <a href=\"https://laohu8.com/S/AONE.U\">one</a> gives us any clear direction. With that backdrop, I&#39;m not shocked if we just continue to trade in a range.&#34;</p><p>Bank of America rounded out earnings season for the big Wall Street banks, reporting strong growth in its consumer lending business, although its investment banking unit took a hit from a slowdown in deal making.</p><p>Its share price rose 3.4%, while the broader S&amp;P 500 banks index also gained 1.7%.</p><p>Apple Inc slipped 0.1% as the benchmark 10-year Treasury yield climbed to 2.86%, after hitting 2.884% earlier on Monday, the highest since Dec. 2018.</p><p>Shares of market-leading technology and growth companies have come under pressure as expectations of a string of interest rate hikes threaten to erode their future earnings.</p><p>Tesla, however, rose 2% as it prepares to reopen its Shanghai plant following a near three-week COVID shutdown.</p><p>Five of the 11 major S&amp;P sectors were higher, led by the energy index which advanced 1.5%. Crude prices gained and Brent topped $114 a barrel at one point on outages in Libya deepening concerns over tight global supply.</p><p>Among the best performers was Marathon Petroleum Corp , which gained 3.3% to hit a second lifetime high in three sessions. Valero Energy Corp and <a href=\"https://laohu8.com/S/PSX\">Phillips 66</a> both advanced 5.2%.</p><p>The Dow Jones Industrial Average fell 39.54 points, or 0.11%, to 34,411.69, the S&amp;P 500 lost 0.9 points, or 0.02%, to 4,391.69 and the Nasdaq Composite dropped 18.72 points, or 0.14%, to 13,332.36.</p><p>Charles Schwab Corp fell 9.4%, its biggest one-day drop since March 2020, after the financial services company missed quarterly profit estimates.</p><p>Twitter rose 7.5% as the micro blogging site adopted &#34;poison pill&#34; on Friday to restrict Tesla CEO Elon Musk from raising his stake to beyond 15% for a one-year period.</p><p>Didi Global Inc slumped 18.3% after the Chinese ride hailing company said it will hold an extraordinary general meeting on May 23 to vote on its delisting plans in the United States.</p><p>The S&amp;P 500 posted 27 new 52-week highs and 24 new lows; the Nasdaq Composite recorded 59 new highs and 397 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends Lower as Investors Await Further Earnings Cues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends Lower as Investors Await Further Earnings Cues\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-04-19 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>* Bank of America boosts S&amp;P 500</li><li>* <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> gains after adopting &#39;poison pill&#39;</li><li>* Didi to meet on U.S. delisting plans, shares plunge</li><li>* Indexes down: Dow 0.11%, S&amp;P 0.02%, Nasdaq 0.14%</li></ul><p>U.S. stocks closed lower on Monday after a session which saw all three benchmarks slip between positive and negative territory, as investors contrasted Bank of America&#39;s positive earnings with surging bond yields ahead of further earnings cues this week.</p><p>Market participants are bracing for a barrage of earnings that will help them assess the impact of the Ukraine war and a spike in inflation on company financials. Netflix, Tesla, Johnson &amp; Johnson and International Business Machines are all to report this week.</p><p>Trading volumes were thin after the Easter break: 10.35 billion shares changed hands, compared with the 11.79 billion average for the full session over the last 20 trading days.</p><p>With European markets also remaining shut on Monday, this listless trading contributed to the topsy-turvy session.</p><p>&#34;The market is looking for some direction. Do we get it from earnings - maybe. But the overarching factors continue to be what does China look like with its zero-COVID policy, and what does the Fed look like going forward in terms of interest rates and inflation,&#34; said Jack Janasiewicz, portfolio manager and lead portfolio strategist at Natixis Investment Managers.</p><p>&#34;It&#39;s going to be some time before either <a href=\"https://laohu8.com/S/AONE.U\">one</a> gives us any clear direction. With that backdrop, I&#39;m not shocked if we just continue to trade in a range.&#34;</p><p>Bank of America rounded out earnings season for the big Wall Street banks, reporting strong growth in its consumer lending business, although its investment banking unit took a hit from a slowdown in deal making.</p><p>Its share price rose 3.4%, while the broader S&amp;P 500 banks index also gained 1.7%.</p><p>Apple Inc slipped 0.1% as the benchmark 10-year Treasury yield climbed to 2.86%, after hitting 2.884% earlier on Monday, the highest since Dec. 2018.</p><p>Shares of market-leading technology and growth companies have come under pressure as expectations of a string of interest rate hikes threaten to erode their future earnings.</p><p>Tesla, however, rose 2% as it prepares to reopen its Shanghai plant following a near three-week COVID shutdown.</p><p>Five of the 11 major S&amp;P sectors were higher, led by the energy index which advanced 1.5%. Crude prices gained and Brent topped $114 a barrel at one point on outages in Libya deepening concerns over tight global supply.</p><p>Among the best performers was Marathon Petroleum Corp , which gained 3.3% to hit a second lifetime high in three sessions. Valero Energy Corp and <a href=\"https://laohu8.com/S/PSX\">Phillips 66</a> both advanced 5.2%.</p><p>The Dow Jones Industrial Average fell 39.54 points, or 0.11%, to 34,411.69, the S&amp;P 500 lost 0.9 points, or 0.02%, to 4,391.69 and the Nasdaq Composite dropped 18.72 points, or 0.14%, to 13,332.36.</p><p>Charles Schwab Corp fell 9.4%, its biggest one-day drop since March 2020, after the financial services company missed quarterly profit estimates.</p><p>Twitter rose 7.5% as the micro blogging site adopted &#34;poison pill&#34; on Friday to restrict Tesla CEO Elon Musk from raising his stake to beyond 15% for a one-year period.</p><p>Didi Global Inc slumped 18.3% after the Chinese ride hailing company said it will hold an extraordinary general meeting on May 23 to vote on its delisting plans in the United States.</p><p>The S&amp;P 500 posted 27 new 52-week highs and 24 new lows; the Nasdaq Composite recorded 59 new highs and 397 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","TWTR":"Twitter",".SPX":"S&P 500 Index","DIDI":"滴滴(已退市)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2228520952","content_text":"* Bank of America boosts S&P 500* Twitter gains after adopting 'poison pill'* Didi to meet on U.S. delisting plans, shares plunge* Indexes down: Dow 0.11%, S&P 0.02%, Nasdaq 0.14%U.S. stocks closed lower on Monday after a session which saw all three benchmarks slip between positive and negative territory, as investors contrasted Bank of America's positive earnings with surging bond yields ahead of further earnings cues this week.Market participants are bracing for a barrage of earnings that will help them assess the impact of the Ukraine war and a spike in inflation on company financials. Netflix, Tesla, Johnson & Johnson and International Business Machines are all to report this week.Trading volumes were thin after the Easter break: 10.35 billion shares changed hands, compared with the 11.79 billion average for the full session over the last 20 trading days.With European markets also remaining shut on Monday, this listless trading contributed to the topsy-turvy session.\"The market is looking for some direction. Do we get it from earnings - maybe. But the overarching factors continue to be what does China look like with its zero-COVID policy, and what does the Fed look like going forward in terms of interest rates and inflation,\" said Jack Janasiewicz, portfolio manager and lead portfolio strategist at Natixis Investment Managers.\"It's going to be some time before either one gives us any clear direction. With that backdrop, I'm not shocked if we just continue to trade in a range.\"Bank of America rounded out earnings season for the big Wall Street banks, reporting strong growth in its consumer lending business, although its investment banking unit took a hit from a slowdown in deal making.Its share price rose 3.4%, while the broader S&P 500 banks index also gained 1.7%.Apple Inc slipped 0.1% as the benchmark 10-year Treasury yield climbed to 2.86%, after hitting 2.884% earlier on Monday, the highest since Dec. 2018.Shares of market-leading technology and growth companies have come under pressure as expectations of a string of interest rate hikes threaten to erode their future earnings.Tesla, however, rose 2% as it prepares to reopen its Shanghai plant following a near three-week COVID shutdown.Five of the 11 major S&P sectors were higher, led by the energy index which advanced 1.5%. Crude prices gained and Brent topped $114 a barrel at one point on outages in Libya deepening concerns over tight global supply.Among the best performers was Marathon Petroleum Corp , which gained 3.3% to hit a second lifetime high in three sessions. Valero Energy Corp and Phillips 66 both advanced 5.2%.The Dow Jones Industrial Average fell 39.54 points, or 0.11%, to 34,411.69, the S&P 500 lost 0.9 points, or 0.02%, to 4,391.69 and the Nasdaq Composite dropped 18.72 points, or 0.14%, to 13,332.36.Charles Schwab Corp fell 9.4%, its biggest one-day drop since March 2020, after the financial services company missed quarterly profit estimates.Twitter rose 7.5% as the micro blogging site adopted \"poison pill\" on Friday to restrict Tesla CEO Elon Musk from raising his stake to beyond 15% for a one-year period.Didi Global Inc slumped 18.3% after the Chinese ride hailing company said it will hold an extraordinary general meeting on May 23 to vote on its delisting plans in the United States.The S&P 500 posted 27 new 52-week highs and 24 new lows; the Nasdaq Composite recorded 59 new highs and 397 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9083610730,"gmtCreate":1650105789529,"gmtModify":1676534648768,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9083610730","repostId":"1133070824","repostType":4,"repost":{"id":"1133070824","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":1649399100,"share":"https://www.laohu8.com/m/news/1133070824?lang=&edition=full","pubTime":"2022-04-08 14:25","market":"us","language":"en","title":"Reminder: Holiday Trading Hours during Good Friday and Easter","url":"https://stock-news.laohu8.com/highlight/detail?id=1133070824","media":"Tiger Newspress","summary":"U.S. stock markets will be closed Friday, April 15in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financi","content":"<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</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>Reminder: Holiday Trading Hours during Good Friday and Easter</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\">\nReminder: Holiday Trading Hours during Good Friday and Easter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-08 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</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":"1133070824","content_text":"U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.U.S. commodities markets including gold and oil futures also won't be open for trading Friday.Singapore stock markets will also close on Good Friday.Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.A-shares (Northbound) will be closed to April 18 from April 14.Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080161002,"gmtCreate":1649858570154,"gmtModify":1676534591549,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080161002","repostId":"1165734323","repostType":4,"repost":{"id":"1165734323","pubTimestamp":1649863823,"share":"https://www.laohu8.com/m/news/1165734323?lang=&edition=full","pubTime":"2022-04-13 23:30","market":"us","language":"en","title":"The Roadster Is Tesla and Elon Musk's New Cash Machine","url":"https://stock-news.laohu8.com/highlight/detail?id=1165734323","media":"TheStreet","summary":"The electric-vehicle manufacturer Tesla manages to generate significant revenue even with models that it hasn't yet produced.There is no doubt that $Tesla(TSLA)$ dominates the electric-vehicle market.","content":"<html><head></head><body><ul><li>The electric-vehicle manufacturer Tesla manages to generate significant revenue even with models that it hasn&#39;t yet produced.</li></ul><p>There is no doubt that <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> dominates the electric-vehicle market.</p><p>The Austin automaker produced 305,407 vehicles in the first quarter and deliver 310,048 despite supply-chain disruptions and Russia&#39;s invasion of Ukraine, which worsened soaring raw-materials prices like nickel.</p><p>Chief Executive Elon Musk&#39;s group should exceed one million vehicles produced in 2022, industry sources anticipate. That would be a record for the company.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/GM\">GM </a> and <a href=\"https://laohu8.com/S/F\">Ford</a> between them delivered a bit more than 7,100 EVs in the first quarter. Upstart rival <a href=\"https://laohu8.com/S/RIVN\">Rivian</a> for its part delivered 1,227 vehicles in the first three months.</p><p>Tesla is well-positioned to meet the growing demand for electric vehicles. The automaker has just opened its fourth production plant, in Austin, after Berlin, Shanghai and Fremont, Calif. In all, these factories can together manufacture at least 2 million vehicles per year when they are operating at full capacity.</p><p>Tesla, whose declared mission is to save the planet from pollution, is thus to likely generate significant revenue in the next few years because the group can now serve important markets such as China, Europe and the U.S. at much lower cost than its competitors face.</p><p><b>Tesla Has Access to Free Money</b></p><p>Musk&#39;s firm also is able to generate significant revenue on models that it has not yet marketed. The T-brand currently sells the Model S luxury and entry-level Model 3 sedans, the Model X luxury SUV and the Model Y SUV.</p><p>The CEO on April 7 indicated that 2023 will be a year rich in new products: Tesla will start production of the highly anticipated cybertruck, the Tesla Semi and also the Roadster sports car. The brand is already taking reservations for all these vehicles.</p><p>But one of the three turns out to be a real cash machine for Tesla. It&#39;s the new Roadster.</p><p>The new generation of the Roadster, the very first vehicle manufactured by Tesla, seems to be a big success. The limited edition, Founders Series, is sold out. Tesla stopped taking reservations in December.</p><p>For this limited model, Tesla customers had to pay the full price, $250,000, within 10 days of placing their orders on the dedicated Roadster site.</p><p>Musk had indicated that Tesla planned to produce only 1,000 units of the Founders Series. Based on the initial price, the company pocketed $250 million in revenue from a vehicle that has not even entered production.</p><p>Now that the Founders Series is spoken for, interested consumers have only one choice: the standard Roadster. Tesla generally displays prices for its vehicles -- but not this one. Last year, the Roadster price was showing up at $200,000, and potential customers had to put down a deposit of $45,000 within 10 days of placing their orders. But the required deposit has increased.</p><p><img src=\"https://static.tigerbbs.com/2f53bfe9470f792ba3edbe51d808aecb\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><b>A Super Fast and Expensive Sports Car</b></p><p>Now Tesla demands a base reservation of $50,000 within 10 days of the order. This is done in two parts: the customer deposits $5,000 when placing the order and must pay an additional $45,000 within 10 days of placing the order.</p><p>&#34;Roadster reservations require an initial $5,000 credit card payment, plus a $45,000 wire transfer payment due in 10 days,&#34; the carmaker says. &#34;Reservations are not final until the wire transfer payment is received.&#34;</p><p>Unveiled in 2017, and originally scheduled for 2020, the sports car has been postponed many times. Musk said on April 7 that Tesla will start manufacturing the new Roadster in 2023.</p><p>While the first version of the Roadster, which marked Tesla&#39;s debut, was based on the Lotus Elise, this new version has completely new bases.</p><p>Inspired by the brand&#39;s models, it seems larger than its predecessor; the size seems close to the Tesla Model S, with which it could share the chassis. Configured in 2+2, the Roadster has a removable glass roof.</p><p>In terms of performance, the manufacturer says it can beat the best supercars with a 0-to-60 mph (100 kph) shot in less than two seconds and a 0-100 mph in 4.2 seconds. The maximum speed for the new Roadster: 250 mph.</p><p>The Roadster is &#34;the quickest car in the world, with record-setting acceleration, range and performance,&#34; Tesla says.</p><p>The new generation of Roadster has up to 620 miles, nearly 1.000 kilometers. of range.</p><p>In terms of recharging, Tesla hasn&#39;t yet provided many details. But owners can expect the new Roadster to be able to access the future MegaCharger network that the manufacturer intends to deploy for its future Tesla Semi.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Roadster Is Tesla and Elon Musk's New Cash Machine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Roadster Is Tesla and Elon Musk's New Cash Machine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/technology/elon-musks-tesla-has-a-new-cash-car><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric-vehicle manufacturer Tesla manages to generate significant revenue even with models that it hasn't yet produced.There is no doubt that Tesla dominates the electric-vehicle market.The ...</p>\n\n<a href=\"https://www.thestreet.com/technology/elon-musks-tesla-has-a-new-cash-car\">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.thestreet.com/technology/elon-musks-tesla-has-a-new-cash-car","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165734323","content_text":"The electric-vehicle manufacturer Tesla manages to generate significant revenue even with models that it hasn't yet produced.There is no doubt that Tesla dominates the electric-vehicle market.The Austin automaker produced 305,407 vehicles in the first quarter and deliver 310,048 despite supply-chain disruptions and Russia's invasion of Ukraine, which worsened soaring raw-materials prices like nickel.Chief Executive Elon Musk's group should exceed one million vehicles produced in 2022, industry sources anticipate. That would be a record for the company.Meanwhile, GM  and Ford between them delivered a bit more than 7,100 EVs in the first quarter. Upstart rival Rivian for its part delivered 1,227 vehicles in the first three months.Tesla is well-positioned to meet the growing demand for electric vehicles. The automaker has just opened its fourth production plant, in Austin, after Berlin, Shanghai and Fremont, Calif. In all, these factories can together manufacture at least 2 million vehicles per year when they are operating at full capacity.Tesla, whose declared mission is to save the planet from pollution, is thus to likely generate significant revenue in the next few years because the group can now serve important markets such as China, Europe and the U.S. at much lower cost than its competitors face.Tesla Has Access to Free MoneyMusk's firm also is able to generate significant revenue on models that it has not yet marketed. The T-brand currently sells the Model S luxury and entry-level Model 3 sedans, the Model X luxury SUV and the Model Y SUV.The CEO on April 7 indicated that 2023 will be a year rich in new products: Tesla will start production of the highly anticipated cybertruck, the Tesla Semi and also the Roadster sports car. The brand is already taking reservations for all these vehicles.But one of the three turns out to be a real cash machine for Tesla. It's the new Roadster.The new generation of the Roadster, the very first vehicle manufactured by Tesla, seems to be a big success. The limited edition, Founders Series, is sold out. Tesla stopped taking reservations in December.For this limited model, Tesla customers had to pay the full price, $250,000, within 10 days of placing their orders on the dedicated Roadster site.Musk had indicated that Tesla planned to produce only 1,000 units of the Founders Series. Based on the initial price, the company pocketed $250 million in revenue from a vehicle that has not even entered production.Now that the Founders Series is spoken for, interested consumers have only one choice: the standard Roadster. Tesla generally displays prices for its vehicles -- but not this one. Last year, the Roadster price was showing up at $200,000, and potential customers had to put down a deposit of $45,000 within 10 days of placing their orders. But the required deposit has increased.A Super Fast and Expensive Sports CarNow Tesla demands a base reservation of $50,000 within 10 days of the order. This is done in two parts: the customer deposits $5,000 when placing the order and must pay an additional $45,000 within 10 days of placing the order.\"Roadster reservations require an initial $5,000 credit card payment, plus a $45,000 wire transfer payment due in 10 days,\" the carmaker says. \"Reservations are not final until the wire transfer payment is received.\"Unveiled in 2017, and originally scheduled for 2020, the sports car has been postponed many times. Musk said on April 7 that Tesla will start manufacturing the new Roadster in 2023.While the first version of the Roadster, which marked Tesla's debut, was based on the Lotus Elise, this new version has completely new bases.Inspired by the brand's models, it seems larger than its predecessor; the size seems close to the Tesla Model S, with which it could share the chassis. Configured in 2+2, the Roadster has a removable glass roof.In terms of performance, the manufacturer says it can beat the best supercars with a 0-to-60 mph (100 kph) shot in less than two seconds and a 0-100 mph in 4.2 seconds. The maximum speed for the new Roadster: 250 mph.The Roadster is \"the quickest car in the world, with record-setting acceleration, range and performance,\" Tesla says.The new generation of Roadster has up to 620 miles, nearly 1.000 kilometers. of range.In terms of recharging, Tesla hasn't yet provided many details. But owners can expect the new Roadster to be able to access the future MegaCharger network that the manufacturer intends to deploy for its future Tesla Semi.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014233343,"gmtCreate":1649664695333,"gmtModify":1676534546965,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014233343","repostId":"1118442341","repostType":4,"repost":{"id":"1118442341","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":1649664144,"share":"https://www.laohu8.com/m/news/1118442341?lang=&edition=full","pubTime":"2022-04-11 16:02","market":"us","language":"en","title":"NIO Shares Tumbled 8% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1118442341","media":"Tiger Newspress","summary":"NIO Shares Tumbled 8% Premarket After Suspending Production on Supply Chain Issues.Shanghai-headquar","content":"<html><head></head><body><p>NIO Shares Tumbled 8% Premarket After Suspending Production on Supply Chain Issues.<img src=\"https://static.tigerbbs.com/3cb02b4b693d8e7fe2ec6cb26f3b86e4\" tg-width=\"886\" tg-height=\"671\" width=\"100%\" height=\"auto\"/>Shanghai-headquartered Nio said it is halting car production, CnEVPost reported, citing a statement posted by the company on its mobile app. The company blamed the predicament on issues with several of its suppliers, which had to shutter plants is several places, including Jilin, Shanghai and Jiangsu.</p><p>These companies are yet to resume production in full swing.</p><p>&#34;There will be a delay in the delivery of vehicles for many customers in the near future, and we ask for your understanding,&#34; it said in a statement on the NIO app.</p><p>Nio reportedly said it will work with its supply chain partners to resume production and meet delivery obligations as soon as possible.</p><p></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>NIO Shares Tumbled 8% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Shares Tumbled 8% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-11 16:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NIO Shares Tumbled 8% Premarket After Suspending Production on Supply Chain Issues.<img src=\"https://static.tigerbbs.com/3cb02b4b693d8e7fe2ec6cb26f3b86e4\" tg-width=\"886\" tg-height=\"671\" width=\"100%\" height=\"auto\"/>Shanghai-headquartered Nio said it is halting car production, CnEVPost reported, citing a statement posted by the company on its mobile app. The company blamed the predicament on issues with several of its suppliers, which had to shutter plants is several places, including Jilin, Shanghai and Jiangsu.</p><p>These companies are yet to resume production in full swing.</p><p>&#34;There will be a delay in the delivery of vehicles for many customers in the near future, and we ask for your understanding,&#34; it said in a statement on the NIO app.</p><p>Nio reportedly said it will work with its supply chain partners to resume production and meet delivery obligations as soon as possible.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118442341","content_text":"NIO Shares Tumbled 8% Premarket After Suspending Production on Supply Chain Issues.Shanghai-headquartered Nio said it is halting car production, CnEVPost reported, citing a statement posted by the company on its mobile app. The company blamed the predicament on issues with several of its suppliers, which had to shutter plants is several places, including Jilin, Shanghai and Jiangsu.These companies are yet to resume production in full swing.\"There will be a delay in the delivery of vehicles for many customers in the near future, and we ask for your understanding,\" it said in a statement on the NIO app.Nio reportedly said it will work with its supply chain partners to resume production and meet delivery obligations as soon as possible.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015184059,"gmtCreate":1649454385272,"gmtModify":1676534513130,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015184059","repostId":"2225229645","repostType":4,"repost":{"id":"2225229645","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":1649431471,"share":"https://www.laohu8.com/m/news/2225229645?lang=&edition=full","pubTime":"2022-04-08 23:24","market":"us","language":"en","title":"All-Private Astronaut Team Strapped In For Landmark Launch To Space Station","url":"https://stock-news.laohu8.com/highlight/detail?id=2225229645","media":"Reuters","summary":"Four men selected to become the first all-private astronaut team ever launched to the International ","content":"<html><head></head><body><p>Four men selected to become the first all-private astronaut team ever launched to the International Space Station (ISS) were strapped into their seats aboard a SpaceX rocketship on Friday, preparing for a mission hailed as a milestone in commercialized spaceflight.</p><p>The foursome were set to lift off at 11:17 a.m. EDT (1517 GMT) from NASA&#39;s Kennedy Space Center in Cape Canaveral, Florida, beginning a landmark debut flight and orbital science mission for the Houston-based startup Axiom Space Inc.</p><p>If all goes as planned, the quartet led by retired NASA astronaut Michael Lopez-Alegria will arrive at the space station on Saturday, after a 20-hour-plus flight, as their SpaceX-supplied Crew Dragon capsule docks with the orbiting outpost some 250 miles (400 km) above the Earth.</p><p>SpaceX, the privately funded company of billionaire Elon Musk, also is providing the Falcon 9 rocket to propel the Crew Dragon to space and is directing mission control for the flight from its headquarters near Los Angeles.</p><p>A joint Axiom-SpaceX live webcast showed the four-man team inside the crew compartment, seated calmly in their helmeted white-and-black flight suits as ground technicians prepared the spacecraft for blastoff.</p><p>SpaceX launch commentator John Insprucker said weather conditions were &#34;go for launch,&#34; with blue skies and light clouds over the cape.</p><p>NASA, besides furnishing the launch site, assumes responsibility for the astronauts once they rendezvous with the space station to undertake eight days of science and biomedical research.</p><p>COMMERCIAL SPACEFLIGHT MILESTONE</p><p>The mission, representing a partnership among Axiom, SpaceX and NASA, is touted by all three as a major step in the latest expansion of commercial space ventures collectively referred to by insiders as the low-Earth orbit economy, or &#34;LEO economy&#34; for short.</p><p>While the space station has hosted civilian visitors from time to time, the Ax-1 mission will mark the first all-commercial team of astronauts to use ISS for its intended purpose as an orbiting laboratory.</p><p>They will be sharing the weightless work environment with seven regular crew members aboard the ISS - three American astronauts, a German astronaut and three Russian cosmonauts.</p><p>Lopez-Alegria, 63, is the Spanish-born mission commander and Axiom vice president of business development. His second-in-command is Larry Connor, an entrepreneur and aerobatics aviator from Ohio designated as the mission pilot. Connor is in his 70s but the company did not provide his precise age.</p><p>Rounding out the Ax-1 team are Israeli investor-philanthropist and former fighter pilot Eytan Stibbe, 64, and Canadian businessman and philanthropist Mark Pathy, 52, both serving as mission specialists. Stibbe is set to become the second Israeli in space, after Ilan Ramon, who perished with six NASA crewmates in the 2003 space shuttle Columbia disaster.</p><p>The Axiom crew members may appear to have a lot in common with many of the wealthy passengers taking suborbital rides lately aboard the Blue Origin and Virgin Galactic services offered by billionaires Jeff Bezos and Richard Branson, respectively.</p><p>But Axiom executives said their mission goes far beyond space tourism, with each crew member undergoing hundreds of hours in astronaut training with both NASA and SpaceX.</p><p>The Ax-1 team also will be conducting more than two dozen science experiments aboard ISS, including research on brain health, cardiac stem cells, cancer and aging as well as a technology demonstration to produce optics using the surface tension of fluids in microgravity, company executives said.</p><p>Launched to orbit in 1998, the space station has been continuously occupied since 2000 under a U.S.-Russian-led partnership including Canada, Japan and 11 European countries.</p><p>NASA has no plans to invest in a new space station once ISS is retired, sometime around 2030. But NASA selected Axiom in 2020 to design and develop a new commercial wing to the orbiting laboratory, which currently spans the approximate size of a football field.</p><p>Plans call for eventually detaching the Axiom modules from the rest of the station when it is ready to be decommissioned.     Other private operators are expected to place their own stations in orbit once ISS is out of service.</p><p>In the meantime, Axiom said it has contracted with SpaceX to fly three more private astronaut missions to the space station over the next two years.</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>All-Private Astronaut Team Strapped In For Landmark Launch To Space Station</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\">\nAll-Private Astronaut Team Strapped In For Landmark Launch To Space Station\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-04-08 23:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Four men selected to become the first all-private astronaut team ever launched to the International Space Station (ISS) were strapped into their seats aboard a SpaceX rocketship on Friday, preparing for a mission hailed as a milestone in commercialized spaceflight.</p><p>The foursome were set to lift off at 11:17 a.m. EDT (1517 GMT) from NASA&#39;s Kennedy Space Center in Cape Canaveral, Florida, beginning a landmark debut flight and orbital science mission for the Houston-based startup Axiom Space Inc.</p><p>If all goes as planned, the quartet led by retired NASA astronaut Michael Lopez-Alegria will arrive at the space station on Saturday, after a 20-hour-plus flight, as their SpaceX-supplied Crew Dragon capsule docks with the orbiting outpost some 250 miles (400 km) above the Earth.</p><p>SpaceX, the privately funded company of billionaire Elon Musk, also is providing the Falcon 9 rocket to propel the Crew Dragon to space and is directing mission control for the flight from its headquarters near Los Angeles.</p><p>A joint Axiom-SpaceX live webcast showed the four-man team inside the crew compartment, seated calmly in their helmeted white-and-black flight suits as ground technicians prepared the spacecraft for blastoff.</p><p>SpaceX launch commentator John Insprucker said weather conditions were &#34;go for launch,&#34; with blue skies and light clouds over the cape.</p><p>NASA, besides furnishing the launch site, assumes responsibility for the astronauts once they rendezvous with the space station to undertake eight days of science and biomedical research.</p><p>COMMERCIAL SPACEFLIGHT MILESTONE</p><p>The mission, representing a partnership among Axiom, SpaceX and NASA, is touted by all three as a major step in the latest expansion of commercial space ventures collectively referred to by insiders as the low-Earth orbit economy, or &#34;LEO economy&#34; for short.</p><p>While the space station has hosted civilian visitors from time to time, the Ax-1 mission will mark the first all-commercial team of astronauts to use ISS for its intended purpose as an orbiting laboratory.</p><p>They will be sharing the weightless work environment with seven regular crew members aboard the ISS - three American astronauts, a German astronaut and three Russian cosmonauts.</p><p>Lopez-Alegria, 63, is the Spanish-born mission commander and Axiom vice president of business development. His second-in-command is Larry Connor, an entrepreneur and aerobatics aviator from Ohio designated as the mission pilot. Connor is in his 70s but the company did not provide his precise age.</p><p>Rounding out the Ax-1 team are Israeli investor-philanthropist and former fighter pilot Eytan Stibbe, 64, and Canadian businessman and philanthropist Mark Pathy, 52, both serving as mission specialists. Stibbe is set to become the second Israeli in space, after Ilan Ramon, who perished with six NASA crewmates in the 2003 space shuttle Columbia disaster.</p><p>The Axiom crew members may appear to have a lot in common with many of the wealthy passengers taking suborbital rides lately aboard the Blue Origin and Virgin Galactic services offered by billionaires Jeff Bezos and Richard Branson, respectively.</p><p>But Axiom executives said their mission goes far beyond space tourism, with each crew member undergoing hundreds of hours in astronaut training with both NASA and SpaceX.</p><p>The Ax-1 team also will be conducting more than two dozen science experiments aboard ISS, including research on brain health, cardiac stem cells, cancer and aging as well as a technology demonstration to produce optics using the surface tension of fluids in microgravity, company executives said.</p><p>Launched to orbit in 1998, the space station has been continuously occupied since 2000 under a U.S.-Russian-led partnership including Canada, Japan and 11 European countries.</p><p>NASA has no plans to invest in a new space station once ISS is retired, sometime around 2030. But NASA selected Axiom in 2020 to design and develop a new commercial wing to the orbiting laboratory, which currently spans the approximate size of a football field.</p><p>Plans call for eventually detaching the Axiom modules from the rest of the station when it is ready to be decommissioned.     Other private operators are expected to place their own stations in orbit once ISS is out of service.</p><p>In the meantime, Axiom said it has contracted with SpaceX to fly three more private astronaut missions to the space station over the next two years.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225229645","content_text":"Four men selected to become the first all-private astronaut team ever launched to the International Space Station (ISS) were strapped into their seats aboard a SpaceX rocketship on Friday, preparing for a mission hailed as a milestone in commercialized spaceflight.The foursome were set to lift off at 11:17 a.m. EDT (1517 GMT) from NASA's Kennedy Space Center in Cape Canaveral, Florida, beginning a landmark debut flight and orbital science mission for the Houston-based startup Axiom Space Inc.If all goes as planned, the quartet led by retired NASA astronaut Michael Lopez-Alegria will arrive at the space station on Saturday, after a 20-hour-plus flight, as their SpaceX-supplied Crew Dragon capsule docks with the orbiting outpost some 250 miles (400 km) above the Earth.SpaceX, the privately funded company of billionaire Elon Musk, also is providing the Falcon 9 rocket to propel the Crew Dragon to space and is directing mission control for the flight from its headquarters near Los Angeles.A joint Axiom-SpaceX live webcast showed the four-man team inside the crew compartment, seated calmly in their helmeted white-and-black flight suits as ground technicians prepared the spacecraft for blastoff.SpaceX launch commentator John Insprucker said weather conditions were \"go for launch,\" with blue skies and light clouds over the cape.NASA, besides furnishing the launch site, assumes responsibility for the astronauts once they rendezvous with the space station to undertake eight days of science and biomedical research.COMMERCIAL SPACEFLIGHT MILESTONEThe mission, representing a partnership among Axiom, SpaceX and NASA, is touted by all three as a major step in the latest expansion of commercial space ventures collectively referred to by insiders as the low-Earth orbit economy, or \"LEO economy\" for short.While the space station has hosted civilian visitors from time to time, the Ax-1 mission will mark the first all-commercial team of astronauts to use ISS for its intended purpose as an orbiting laboratory.They will be sharing the weightless work environment with seven regular crew members aboard the ISS - three American astronauts, a German astronaut and three Russian cosmonauts.Lopez-Alegria, 63, is the Spanish-born mission commander and Axiom vice president of business development. His second-in-command is Larry Connor, an entrepreneur and aerobatics aviator from Ohio designated as the mission pilot. Connor is in his 70s but the company did not provide his precise age.Rounding out the Ax-1 team are Israeli investor-philanthropist and former fighter pilot Eytan Stibbe, 64, and Canadian businessman and philanthropist Mark Pathy, 52, both serving as mission specialists. Stibbe is set to become the second Israeli in space, after Ilan Ramon, who perished with six NASA crewmates in the 2003 space shuttle Columbia disaster.The Axiom crew members may appear to have a lot in common with many of the wealthy passengers taking suborbital rides lately aboard the Blue Origin and Virgin Galactic services offered by billionaires Jeff Bezos and Richard Branson, respectively.But Axiom executives said their mission goes far beyond space tourism, with each crew member undergoing hundreds of hours in astronaut training with both NASA and SpaceX.The Ax-1 team also will be conducting more than two dozen science experiments aboard ISS, including research on brain health, cardiac stem cells, cancer and aging as well as a technology demonstration to produce optics using the surface tension of fluids in microgravity, company executives said.Launched to orbit in 1998, the space station has been continuously occupied since 2000 under a U.S.-Russian-led partnership including Canada, Japan and 11 European countries.NASA has no plans to invest in a new space station once ISS is retired, sometime around 2030. But NASA selected Axiom in 2020 to design and develop a new commercial wing to the orbiting laboratory, which currently spans the approximate size of a football field.Plans call for eventually detaching the Axiom modules from the rest of the station when it is ready to be decommissioned.     Other private operators are expected to place their own stations in orbit once ISS is out of service.In the meantime, Axiom said it has contracted with SpaceX to fly three more private astronaut missions to the space station over the next two years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015936303,"gmtCreate":1649406284839,"gmtModify":1676534507075,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015936303","repostId":"1130102940","repostType":4,"repost":{"id":"1130102940","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":1649405817,"share":"https://www.laohu8.com/m/news/1130102940?lang=&edition=full","pubTime":"2022-04-08 16:16","market":"us","language":"en","title":"Faraday Future Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice","url":"https://stock-news.laohu8.com/highlight/detail?id=1130102940","media":"Tiger Newspress","summary":"Faraday Future Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice.Faraday F","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice.</p><p><img src=\"https://static.tigerbbs.com/9ca178d3b3ac312510104f6c16ebc865\" tg-width=\"850\" tg-height=\"674\" referrerpolicy=\"no-referrer\"/></p><ul><li><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> Intelligent Electric (NASDAQ:FFIE) received a letter from Nasdaq as it was not in compliance with requirements as a result of not having timely filed its annual report on Form 10-K for the fiscal year ended December 31, 2021.</li><li>As previously disclosed, Nasdaq granted an exception giving the Company a new deadline of May 6, 2022 to file the Q3 Form 10-Q and the Form 10-K.</li><li>As a result of this additional delinquency, Company is required to submit an update to its original plan to regain compliance by April 19, 2022.</li><li>The Company intends to submit a timely update to its original plan.</li><li>As previously disclosed, Nasdaq has advised the Company that a failure to file the Q3 Form 10-Q and Form 10-K on or prior to May 6, 2022 would result in a notice of delisting of the Company’s securities.</li><li>The company is working diligently to finalize and file the Q3 Form 10-Q and the Form 10-K as soon as practicable and currently expects to file both on or prior to the May 6, 2022 deadline</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Faraday Future Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice</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{ 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}\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\">\nFaraday Future Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-08 16:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice.</p><p><img src=\"https://static.tigerbbs.com/9ca178d3b3ac312510104f6c16ebc865\" tg-width=\"850\" tg-height=\"674\" referrerpolicy=\"no-referrer\"/></p><ul><li><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> Intelligent Electric (NASDAQ:FFIE) received a letter from Nasdaq as it was not in compliance with requirements as a result of not having timely filed its annual report on Form 10-K for the fiscal year ended December 31, 2021.</li><li>As previously disclosed, Nasdaq granted an exception giving the Company a new deadline of May 6, 2022 to file the Q3 Form 10-Q and the Form 10-K.</li><li>As a result of this additional delinquency, Company is required to submit an update to its original plan to regain compliance by April 19, 2022.</li><li>The Company intends to submit a timely update to its original plan.</li><li>As previously disclosed, Nasdaq has advised the Company that a failure to file the Q3 Form 10-Q and Form 10-K on or prior to May 6, 2022 would result in a notice of delisting of the Company’s securities.</li><li>The company is working diligently to finalize and file the Q3 Form 10-Q and the Form 10-K as soon as practicable and currently expects to file both on or prior to the May 6, 2022 deadline</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FFIE":"Faraday Future"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130102940","content_text":"Faraday Future Shares Slid Nearly 4% Premarket After Receiving Nasdaq Noncompliance Notice.Faraday Future Intelligent Electric (NASDAQ:FFIE) received a letter from Nasdaq as it was not in compliance with requirements as a result of not having timely filed its annual report on Form 10-K for the fiscal year ended December 31, 2021.As previously disclosed, Nasdaq granted an exception giving the Company a new deadline of May 6, 2022 to file the Q3 Form 10-Q and the Form 10-K.As a result of this additional delinquency, Company is required to submit an update to its original plan to regain compliance by April 19, 2022.The Company intends to submit a timely update to its original plan.As previously disclosed, Nasdaq has advised the Company that a failure to file the Q3 Form 10-Q and Form 10-K on or prior to May 6, 2022 would result in a notice of delisting of the Company’s securities.The company is working diligently to finalize and file the Q3 Form 10-Q and the Form 10-K as soon as practicable and currently expects to file both on or prior to the May 6, 2022 deadline","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":165641897,"gmtCreate":1624140520919,"gmtModify":1703829210399,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/165641897","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167856225,"gmtCreate":1624261335767,"gmtModify":1703831825043,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls&nbsp;","listText":"comment and like pls&nbsp;","text":"comment and like pls","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/167856225","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129944131,"gmtCreate":1624354720923,"gmtModify":1703834224710,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/129944131","repostId":"1186919064","repostType":4,"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181074692,"gmtCreate":1623369235316,"gmtModify":1704201722303,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":1,"link":"https://ttm.financial/post/181074692","repostId":"1184070773","repostType":4,"repost":{"id":"1184070773","pubTimestamp":1623367038,"share":"https://www.laohu8.com/m/news/1184070773?lang=&edition=full","pubTime":"2021-06-11 07:17","market":"us","language":"en","title":"S&P 500 climbs to a new record close, shrugging off inflation fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1184070773","media":"cnbc","summary":"The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.The broad equity benchmark climbed nearly 0.5% to a record closing high of 4,239.18. The S&P 500 also hit an intraday record of 4,249.74, overtaking its May 7 high after the market traded sideways for a month. The Dow Jones Industrial Average advanced 19.10 points, or less than 0.1%, to 34,466.24, while the Nasdaq Composite gained about ","content":"<div>\n<p>The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.\nThe broad equity benchmark climbed ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 climbs to a new record close, shrugging off inflation 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\">\nS&P 500 climbs to a new record close, shrugging off inflation fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.\nThe broad equity benchmark climbed ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","UPS":"联合包裹","GME":"游戏驿站",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184070773","content_text":"The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.\nThe broad equity benchmark climbed nearly 0.5% to a record closing high of 4,239.18. The S&P 500 also hit an intraday record of 4,249.74, overtaking its May 7 high after the market traded sideways for a month. The Dow Jones Industrial Average advanced 19.10 points, or less than 0.1%, to 34,466.24, while the Nasdaq Composite gained about 0.8% to 14,020.33.\nConsumer prices for May accelerated at their fastest pace since the summer of 2008 amid the economic recovery from the pandemic-triggered recession,the Labor Department reported Thursday.\nThe consumer price index, which represents a basket including food, energy, groceries and prices across a spectrum of goods, rose 5% from a year ago. Economists surveyed by Dow Jones had been expecting a gain of 4.7%.\n\"I think there were a lot of people who held back, who wanted to see the hotter inflation number,\" CNBC's Jim Cramer said on \"Squawk on the Street.\" \"Now they've said, 'OK, now that's over with. Let's do some buying.' Because they've been on the sideline and they want to get in. I don't think that's actually usual these days because there's still so much buying power out there. People want in.\"\nFears of spiking inflation have weighed on the stock market in the last month, with investors worried the jump in prices will raise costs for companies, spark a move higher in interest rates and cause the Federal Reserve to remove its easy money policies.\n\"This CPI isn't likely to change the narrative dramatically, and there are still indications that inflation momentum is set to abate in the coming months,\" Adam Crisafulli, founder of Vital Knowledge, said in a note Thursday.\nMany economists also said the surge in used car costs for the month could have skewed the inflation reading. Used car and truck prices jumped more than 7%, accounting for one-third of the total increase for the month, according to the Bureau of Labor Statistics. The jump in used car prices likely reflects a temporary phenomenon related to the pandemic and auto supply.\nA separate report released Thursday showed that jobless claims for the week ended June 5 came in at 376,000, versus a Dow Jones estimate of 370,000. The total still marked the lowest of the pandemic era.\nUPS shares rose about 1% afteran upgrade from JPMorgan. Shares of Boeing were higher, but Delta Air Lines slipped.\nVideo-game retailer and meme stock GameStop fell 27% even after the company tapped former Amazon executive Matt Furlong to be its next CEO and said that sales rose 25% last quarter. The company also said it may sell up to 5 million additional shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160681075,"gmtCreate":1623795281197,"gmtModify":1703819433946,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/160681075","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","pubTimestamp":1623762167,"share":"https://www.laohu8.com/m/news/1191245053?lang=&edition=full","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p>\n<p>So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p>\n<p>Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p>\n<p><img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p>\n<p>It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p>\n<p><img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p>\n<p>The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p>\n<p><img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p>This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p>\n<p><img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p>\n<p>Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p>\n<p><img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p>\n<p><img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p>\n<p>One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p>\n<p>As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p>\n<p><img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p>\n<p>Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p>","source":"lsy1583725640930","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>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets</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\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378268348,"gmtCreate":1619046408184,"gmtModify":1704718656182,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/378268348","repostId":"1188151581","repostType":4,"repost":{"id":"1188151581","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":1619022381,"share":"https://www.laohu8.com/m/news/1188151581?lang=&edition=full","pubTime":"2021-04-22 00:26","market":"us","language":"en","title":"UiPath opens for trading at $65.72,above IPO price of $56","url":"https://stock-news.laohu8.com/highlight/detail?id=1188151581","media":"Tiger Newspress","summary":"UiPath opens for trading at $65.72， above IPO price of $56.UiPath is an automation software maker. T","content":"<p>UiPath opens for trading at $65.72，&nbsp;above IPO price of $56.</p><p><img src=\"https://static.tigerbbs.com/73573b4f015764620d24e8c172063efe\" tg-width=\"843\" tg-height=\"613\" referrerpolicy=\"no-referrer\"></p><p>UiPath&nbsp;is an automation software maker. The software UiPath provides helps automate repetitive tasks, increasing efficiencies for its clientele. The company’s products have become increasingly attractive for companies looking to boost productivity amid the global pandemic. Accordingly, investors seem bullish on what will be PATH stock.Demandfor this IPO appears to be much higher than initially expected.</p><p>Let’s take a look at some of the most important details about the UiPath IPO for potential investors in PATH stock.</p><ul><li>To start off with, the company is listing its shares on the New York Stock Exchange under the PATH stock ticker.</li><li>The company islisting shares of its stock for $56 each.</li><li>That’s higher than its expected IPO price range,which valued shares between $52 to $54 each.</li><li>UiPath’s IPO also has it offering up 9,416,384 shares of PATH stock.</li><li>Selling stockholders are listing 14,474,393 shares of stock in the IPO.</li><li>However, the company’s won’t see any proceeds from selling stockholders offering up their shares.</li><li>There’s also a 30-day option for underwriters of the IPO to purchase an additional 3,583,616 shares.</li><li><b>Morgan Stanley</b>(NYSE:<b><u>MS</u></b>) and<b>JPMorgan</b>(NYSE:<b><u>JPM</u></b>) and the lead acting bookrunners of the IPO.</li><li><b>Bank of America</b>(NYSE:<b><u>BAC</u></b>) Securities,<b>Credit Suisse</b>(NYSE:<b><u>CS</u></b>),<b>Barclays</b>(NYSE:<b><u>BCS</u></b>), and<b>Wells Fargo</b>(NYSE:<b><u>WFC</u></b>) Securities are active bookrunners for the offering.</li></ul><ul><li>Several others are also acting as passive bookrunners of the IPO.</li><li>UiPath’s IPO is set to end on Friday.</li><li>The company is a developer of automation software.</li><li>This software allows its customers to increase efficiency by automating repetitive tasks.</li><li>It looks like investors are hungry for a stock like PATH.</li><li>UiPath was previously targeting a price range of $43 to $50 with 21.3 million shares.</li><li>Instead, the company increased the price and share amount to meet demand from potential investors.</li><li>That means there are high expectations for PATH stock to perform well when it goes public.</li><li>Excited investors will just have to wait until it starts trading later today to see if the stock can meet those expectations.</li></ul>","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>UiPath opens for trading at $65.72,above IPO price of $56</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\">\nUiPath opens for trading at $65.72,above IPO price of $56\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-22 00:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UiPath opens for trading at $65.72，&nbsp;above IPO price of $56.</p><p><img src=\"https://static.tigerbbs.com/73573b4f015764620d24e8c172063efe\" tg-width=\"843\" tg-height=\"613\" referrerpolicy=\"no-referrer\"></p><p>UiPath&nbsp;is an automation software maker. The software UiPath provides helps automate repetitive tasks, increasing efficiencies for its clientele. The company’s products have become increasingly attractive for companies looking to boost productivity amid the global pandemic. Accordingly, investors seem bullish on what will be PATH stock.Demandfor this IPO appears to be much higher than initially expected.</p><p>Let’s take a look at some of the most important details about the UiPath IPO for potential investors in PATH stock.</p><ul><li>To start off with, the company is listing its shares on the New York Stock Exchange under the PATH stock ticker.</li><li>The company islisting shares of its stock for $56 each.</li><li>That’s higher than its expected IPO price range,which valued shares between $52 to $54 each.</li><li>UiPath’s IPO also has it offering up 9,416,384 shares of PATH stock.</li><li>Selling stockholders are listing 14,474,393 shares of stock in the IPO.</li><li>However, the company’s won’t see any proceeds from selling stockholders offering up their shares.</li><li>There’s also a 30-day option for underwriters of the IPO to purchase an additional 3,583,616 shares.</li><li><b>Morgan Stanley</b>(NYSE:<b><u>MS</u></b>) and<b>JPMorgan</b>(NYSE:<b><u>JPM</u></b>) and the lead acting bookrunners of the IPO.</li><li><b>Bank of America</b>(NYSE:<b><u>BAC</u></b>) Securities,<b>Credit Suisse</b>(NYSE:<b><u>CS</u></b>),<b>Barclays</b>(NYSE:<b><u>BCS</u></b>), and<b>Wells Fargo</b>(NYSE:<b><u>WFC</u></b>) Securities are active bookrunners for the offering.</li></ul><ul><li>Several others are also acting as passive bookrunners of the IPO.</li><li>UiPath’s IPO is set to end on Friday.</li><li>The company is a developer of automation software.</li><li>This software allows its customers to increase efficiency by automating repetitive tasks.</li><li>It looks like investors are hungry for a stock like PATH.</li><li>UiPath was previously targeting a price range of $43 to $50 with 21.3 million shares.</li><li>Instead, the company increased the price and share amount to meet demand from potential investors.</li><li>That means there are high expectations for PATH stock to perform well when it goes public.</li><li>Excited investors will just have to wait until it starts trading later today to see if the stock can meet those expectations.</li></ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188151581","content_text":"UiPath opens for trading at $65.72， above IPO price of $56.UiPath is an automation software maker. The software UiPath provides helps automate repetitive tasks, increasing efficiencies for its clientele. The company’s products have become increasingly attractive for companies looking to boost productivity amid the global pandemic. Accordingly, investors seem bullish on what will be PATH stock.Demandfor this IPO appears to be much higher than initially expected.Let’s take a look at some of the most important details about the UiPath IPO for potential investors in PATH stock.To start off with, the company is listing its shares on the New York Stock Exchange under the PATH stock ticker.The company islisting shares of its stock for $56 each.That’s higher than its expected IPO price range,which valued shares between $52 to $54 each.UiPath’s IPO also has it offering up 9,416,384 shares of PATH stock.Selling stockholders are listing 14,474,393 shares of stock in the IPO.However, the company’s won’t see any proceeds from selling stockholders offering up their shares.There’s also a 30-day option for underwriters of the IPO to purchase an additional 3,583,616 shares.Morgan Stanley(NYSE:MS) andJPMorgan(NYSE:JPM) and the lead acting bookrunners of the IPO.Bank of America(NYSE:BAC) Securities,Credit Suisse(NYSE:CS),Barclays(NYSE:BCS), andWells Fargo(NYSE:WFC) Securities are active bookrunners for the offering.Several others are also acting as passive bookrunners of the IPO.UiPath’s IPO is set to end on Friday.The company is a developer of automation software.This software allows its customers to increase efficiency by automating repetitive tasks.It looks like investors are hungry for a stock like PATH.UiPath was previously targeting a price range of $43 to $50 with 21.3 million shares.Instead, the company increased the price and share amount to meet demand from potential investors.That means there are high expectations for PATH stock to perform well when it goes public.Excited investors will just have to wait until it starts trading later today to see if the stock can meet those expectations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153537945,"gmtCreate":1625033543687,"gmtModify":1703850590119,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/153537945","repostId":"1122418477","repostType":4,"repost":{"id":"1122418477","pubTimestamp":1625008161,"share":"https://www.laohu8.com/m/news/1122418477?lang=&edition=full","pubTime":"2021-06-30 07:09","market":"us","language":"en","title":"Tech stocks propel S&P 500, Nasdaq to fresh highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1122418477","media":"CNBC","summary":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.The broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added ab","content":"<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks propel S&P 500, Nasdaq to fresh highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks propel S&P 500, Nasdaq to fresh highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AMD":"美国超微公司",".SPX":"S&P 500 Index","SWKS":"思佳讯"},"source_url":"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122418477","content_text":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added about 0.2% for its own record of 14,528.33.\nHomebuilder stocks moved higher after S&P Case-Shiller saidhome prices rose more than 14% in Aprilcompared to the prior year. Five U.S. cities, including Seattle, saw their largest annual increase on record. Shares of PulteGroup rose 2%.\nSemiconductor stocks gained strength later in the session, with Skyworks and Advanced Micro Devices climbing 4.5% and 2.8%, respectively. General Electric boosted the industrials sector, rising over 1% afterGoldman Sachs named the stock a top idea.\nThe market has churned out a series of record highs in recent weeks, but the gains have been relatively modest and some strategists have pointed to weak market breadth, measured by the performance of the average stock and the number of individual names making new highs, as a potential area of concern.\nOn Tuesday, there were slightly more declining stocks in the S&P 500 than those that rose during the session.\nHowever, the diminished breadth and volatility could simply be a natural pause during the summer months ahead of the busy earnings season in July, said Bill McMahon, the chief investment officer for active equity strategies at Charles Schwab Investment Management.\n\"I think people are in a little bit of a wait-and-see mode, so it's not surprising to see volatility decline and breadth worsen a tad,\" McMahon said, adding that concern about the spreading Delta variant of Covid-19 could also be weighing on stocks.\nShares of Morgan Stanley jumped more than 3% after the bank said it willdouble its quarterly dividend. The bank also announced a $12 billion stock buyback program. The announcement follows last week's stress tests by the Federal Reserve, which all 23 major banks passed. However, some other bank stocks gave up early gains and weighed on the broader indexes despite increasing their own payout plans.\nThe Conference Board's consumer confidence reading for June came in higher than expected, adding to the bullish readings about the economic recovery.\nWith the market entering the final trading days of June and the second quarter, the S&P 500 is on track to register its fifth straight month of gains. The Nasdaq is pacing for its seventh positive month in the last eight. The Dow, however, is in the red for the month, and on track to snap a four-month winning streak.\nSo far in 2021, the S&P 500 has added 14%, while the Nasdaq has added more than 12% with the Dow close behind.\nJPMorgan quantitative strategist Dubravkos Lakos-Bujas said on CNBC's \"Squawk Box\" that the market appeared to have near-term upside.\n\"The growth policy backdrop in our opinion still remains supportive for risk assets in general, certainly including equities. At the same time, the positioning is not really stretched to where we are in a problematic territory. So we do think there is still a runway. ... The summer period, the next two months, is where I think the market continues to break out,\" the strategist said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199331082,"gmtCreate":1620683863446,"gmtModify":1704346527718,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/199331082","repostId":"1120120226","repostType":4,"repost":{"id":"1120120226","pubTimestamp":1620623863,"share":"https://www.laohu8.com/m/news/1120120226?lang=&edition=full","pubTime":"2021-05-10 13:17","market":"us","language":"en","title":"US government declares emergency after cyberattack on major pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1120120226","media":"AFP","summary":"The US government declared a regional emergency Sunday as the largest fuel pipeline system in the Un","content":"<p>The US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected.</p><p>The Colonial Pipeline Company ships gasoline and jet fuel from the Gulf Coast of Texas to the populousEast Coastthrough 5,500 miles (8,850 kilometres) of pipeline, serving 50 million consumers.</p><p>The company said it was the victim of acybersecurity attackinvolving ransomware -- attacks that encrypt computer systems and seek to extract payments from operators.</p><p>\"This Declaration addresses the emergency conditions creating a need for immediate transportation of gasoline, diesel, jet fuel, and other refined petroleum products and provides necessary relief,\" the Department of Transportation said in a statement.</p><p>The emergency declaration allows for fuel to be transported by road to the affected states: Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey,New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.</p><p>The declaration also provides regulatory relief to commercial motor vehicle operations that are part of the emergency support efforts.</p><p>Colonial said earlier Sunday that it had opened some smaller delivery lines, but the main system was not yet back up and running.</p><p>\"While our mainlines remain offline, some smaller lateral lines between terminals and delivery points are now operational,\" Colonial said in a statement, adding it would \"bring our full system back online only when we believe it is safe to do so.\"</p><p>\"We have remained in contact with law enforcement and other federal agencies, including the Department of Energy who is leading the Federal Government response,\" it added.</p><p>\"Maintaining the operational security of our pipeline, in addition to safely bringing our systems back online, remain our highest priorities.\"</p><p><b>Calls for improved oversight</b></p><p>Commerce Secretary Gina Raimondo told CBS on Sunday that authorities were working to prevent any disruption to supplies.</p><p>Colonial, based in the southern state of Georgia, is the largest pipeline operator in the United States by volume, normally transporting 2.5 million barrels of gasoline, diesel fuel, jet fuel and other refined petroleum products per day.</p><p>The attack prompted calls from cybersecurity experts for improved oversight of the industry to prepare for future threats.</p><p>\"This attack is unusual for the US. But the bottom line is that attacks targeting operational technology -- the industrial control systems on the production line or plant floor -- are becoming more frequent,\" Algirde Pipikaite, cyber strategy lead at the World Economic Forum's Centre for Cybersecurity, told AFP on Saturday.</p><p>\"Unless cybersecurity measures are embedded in a technology's development phase, we are likely to see more frequent attacks on industrial systems like oil and gas pipelines or water treatment plants.\"</p><p>Gas prices jumped in the United States on Sunday following the ransomware attack. Analysts warn that prices could climb even higher if the pipeline is not reopened soon. Oil prices rose more than one percent Monday.</p><p>The United States was rocked in recent months by news of two major cybersecurity breaches -- the SolarWinds hack that compromised thousands of US government and private sector computer networks and was officially blamed on Russia; and a potentially devastating penetration of Microsoft email servers.</p>","source":"lsy1620623854247","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 government declares emergency after cyberattack on major pipeline</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 government declares emergency after cyberattack on major pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 13:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.france24.com/en/americas/20210510-biden-declares-state-of-emergency-after-major-us-pipeline-shut-due-to-cyber-attack><strong>AFP</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected.The ...</p>\n\n<a href=\"https://www.france24.com/en/americas/20210510-biden-declares-state-of-emergency-after-major-us-pipeline-shut-due-to-cyber-attack\">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.france24.com/en/americas/20210510-biden-declares-state-of-emergency-after-major-us-pipeline-shut-due-to-cyber-attack","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120120226","content_text":"The US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected.The Colonial Pipeline Company ships gasoline and jet fuel from the Gulf Coast of Texas to the populousEast Coastthrough 5,500 miles (8,850 kilometres) of pipeline, serving 50 million consumers.The company said it was the victim of acybersecurity attackinvolving ransomware -- attacks that encrypt computer systems and seek to extract payments from operators.\"This Declaration addresses the emergency conditions creating a need for immediate transportation of gasoline, diesel, jet fuel, and other refined petroleum products and provides necessary relief,\" the Department of Transportation said in a statement.The emergency declaration allows for fuel to be transported by road to the affected states: Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey,New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.The declaration also provides regulatory relief to commercial motor vehicle operations that are part of the emergency support efforts.Colonial said earlier Sunday that it had opened some smaller delivery lines, but the main system was not yet back up and running.\"While our mainlines remain offline, some smaller lateral lines between terminals and delivery points are now operational,\" Colonial said in a statement, adding it would \"bring our full system back online only when we believe it is safe to do so.\"\"We have remained in contact with law enforcement and other federal agencies, including the Department of Energy who is leading the Federal Government response,\" it added.\"Maintaining the operational security of our pipeline, in addition to safely bringing our systems back online, remain our highest priorities.\"Calls for improved oversightCommerce Secretary Gina Raimondo told CBS on Sunday that authorities were working to prevent any disruption to supplies.Colonial, based in the southern state of Georgia, is the largest pipeline operator in the United States by volume, normally transporting 2.5 million barrels of gasoline, diesel fuel, jet fuel and other refined petroleum products per day.The attack prompted calls from cybersecurity experts for improved oversight of the industry to prepare for future threats.\"This attack is unusual for the US. But the bottom line is that attacks targeting operational technology -- the industrial control systems on the production line or plant floor -- are becoming more frequent,\" Algirde Pipikaite, cyber strategy lead at the World Economic Forum's Centre for Cybersecurity, told AFP on Saturday.\"Unless cybersecurity measures are embedded in a technology's development phase, we are likely to see more frequent attacks on industrial systems like oil and gas pipelines or water treatment plants.\"Gas prices jumped in the United States on Sunday following the ransomware attack. Analysts warn that prices could climb even higher if the pipeline is not reopened soon. Oil prices rose more than one percent Monday.The United States was rocked in recent months by news of two major cybersecurity breaches -- the SolarWinds hack that compromised thousands of US government and private sector computer networks and was officially blamed on Russia; and a potentially devastating penetration of Microsoft email servers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582063342503280","authorId":"3582063342503280","name":"banchin","avatar":"https://static.tigerbbs.com/5c4c72eded6f6ba8a8c66bbf3cd0e90c","crmLevel":2,"crmLevelSwitch":0},"content":"Done. Please give me comments and like","text":"Done. Please give me comments and like","html":"Done. Please give me comments and like"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899224686,"gmtCreate":1628202753845,"gmtModify":1703502906625,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls&nbsp;","listText":"comment and like pls&nbsp;","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/899224686","repostId":"1173170520","repostType":4,"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807822004,"gmtCreate":1628031002708,"gmtModify":1703499753027,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls&nbsp;","listText":"comment and like pls&nbsp;","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/807822004","repostId":"1171505764","repostType":4,"repost":{"id":"1171505764","pubTimestamp":1628004619,"share":"https://www.laohu8.com/m/news/1171505764?lang=&edition=full","pubTime":"2021-08-03 23:30","market":"us","language":"en","title":"Apple’s Advertising Business Is Bigger Than You Think. It Could Get Bigger Still.","url":"https://stock-news.laohu8.com/highlight/detail?id=1171505764","media":"MarketWatch","summary":"Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted advertising.The decision has created the impression that Apple  is simply opposed to digital advertising. But that’s not actually the case. In fact, advertising is gradually becoming a material contributor to the company’s revenue base.In a research note Tuesday, Bernstein analystToni Sacconaghidoes a d","content":"<p>Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted advertising.</p>\n<p>The decision has created the impression that Apple (ticker: AAPL) is simply opposed to digital advertising. But that’s not actually the case. In fact, advertising is gradually becoming a material contributor to the company’s revenue base.</p>\n<p>In a research note Tuesday, Bernstein analystToni Sacconaghidoes a deep dive into Apple’s ad business. While the company doesn’t talk about the business much andprovides little disclosure, Sacconaghi estimates that Apple will generate about $3 billion in ad revenue in the September 2021 fiscal year, up from about $300 million in fiscal 2017. He thinks the total could grow to the $7 billion-to-$10 billion-a-year range by fiscal 2023 or 2024, boosting growth in Apple’s services business as much as three percentage points.</p>\n<p>Sacconaghi notes that most of Apple’s ad business is centered on search ads in the App Store. He says growth drivers in the business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the store in May. He also points out that Apple generates modest revenue today—likely under $500 million a year—from ads in the Apple News and Stocks apps.</p>\n<p>There are other opportunities—including Apple Maps and Apple TV. Sacconaghi estimates that Google generates about $4 billion in ad revenue a year from Maps, with a user base about four times the size, suggesting $1 billion a year in potential ad revenue. And he says that the streaming-device companyRoku (ROKU)provides “a helpful precedent” for how Apple can generate revenue from Apple TV hardware—where he sees another $1 billion-plus opportunity.</p>\n<p>The analyst adds that Apple could place ads on other properties—like Apple Fitness+ and Garage Band—but that the adoption of advertising in applications like Apple Mail, Apple TV+, or Apple’s home screens likely would “irk consumers and undermine Apple’s strongly avowed stance on privacy.”</p>\n<p>Meanwhile, Sacconaghi says, Apple’s position on Identifier for Advertisers, or IDFA, offers the company some competitive advantages. “While we believe that Apple’s move to eliminate IDFA was done in the spirit of advancing consumer privacy, it may ultimately provide Apple with an advertising platform that is competitively advantaged vs. peers who don’t have access to Apple’s richer APIs,” he writes.</p>\n<p>The analyst notes thatAmazon.com‘s (AMZN) ad business was similar in size to Apple’s in 2017—and now has a run rate north of $25 billion and is a substantial part of the investment thesis on the stock. “Along similar lines, a large and growing advertising business could help Apple accelerate its overall Services growth rate, which would likely be viewed positively by investors,” he concludes.</p>\n<p>Apple shares were up 0.1%, at $145.72, in recent trading. TheS&amp;P 500was down fractionally.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s Advertising Business Is Bigger Than You Think. It Could Get Bigger Still.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple’s Advertising Business Is Bigger Than You Think. It Could Get Bigger Still.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/apples-advertising-business-is-bigger-than-you-think-it-could-get-bigger-still-51628004419?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/apples-advertising-business-is-bigger-than-you-think-it-could-get-bigger-still-51628004419?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/articles/apples-advertising-business-is-bigger-than-you-think-it-could-get-bigger-still-51628004419?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1171505764","content_text":"Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted advertising.\nThe decision has created the impression that Apple (ticker: AAPL) is simply opposed to digital advertising. But that’s not actually the case. In fact, advertising is gradually becoming a material contributor to the company’s revenue base.\nIn a research note Tuesday, Bernstein analystToni Sacconaghidoes a deep dive into Apple’s ad business. While the company doesn’t talk about the business much andprovides little disclosure, Sacconaghi estimates that Apple will generate about $3 billion in ad revenue in the September 2021 fiscal year, up from about $300 million in fiscal 2017. He thinks the total could grow to the $7 billion-to-$10 billion-a-year range by fiscal 2023 or 2024, boosting growth in Apple’s services business as much as three percentage points.\nSacconaghi notes that most of Apple’s ad business is centered on search ads in the App Store. He says growth drivers in the business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the store in May. He also points out that Apple generates modest revenue today—likely under $500 million a year—from ads in the Apple News and Stocks apps.\nThere are other opportunities—including Apple Maps and Apple TV. Sacconaghi estimates that Google generates about $4 billion in ad revenue a year from Maps, with a user base about four times the size, suggesting $1 billion a year in potential ad revenue. And he says that the streaming-device companyRoku (ROKU)provides “a helpful precedent” for how Apple can generate revenue from Apple TV hardware—where he sees another $1 billion-plus opportunity.\nThe analyst adds that Apple could place ads on other properties—like Apple Fitness+ and Garage Band—but that the adoption of advertising in applications like Apple Mail, Apple TV+, or Apple’s home screens likely would “irk consumers and undermine Apple’s strongly avowed stance on privacy.”\nMeanwhile, Sacconaghi says, Apple’s position on Identifier for Advertisers, or IDFA, offers the company some competitive advantages. “While we believe that Apple’s move to eliminate IDFA was done in the spirit of advancing consumer privacy, it may ultimately provide Apple with an advertising platform that is competitively advantaged vs. peers who don’t have access to Apple’s richer APIs,” he writes.\nThe analyst notes thatAmazon.com‘s (AMZN) ad business was similar in size to Apple’s in 2017—and now has a run rate north of $25 billion and is a substantial part of the investment thesis on the stock. “Along similar lines, a large and growing advertising business could help Apple accelerate its overall Services growth rate, which would likely be viewed positively by investors,” he concludes.\nApple shares were up 0.1%, at $145.72, in recent trading. TheS&P 500was down fractionally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376238370,"gmtCreate":1619130313390,"gmtModify":1704719967682,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls&nbsp;","listText":"comment and like pls&nbsp;","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/376238370","repostId":"1147263213","repostType":4,"repost":{"id":"1147263213","pubTimestamp":1619075516,"share":"https://www.laohu8.com/m/news/1147263213?lang=&edition=full","pubTime":"2021-04-22 15:11","market":"us","language":"en","title":"Intel Reports Earnings Thursday. Here’s What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1147263213","media":"Barrons","summary":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.Intel didn’t issue precise new financial guidance for the first quarter, but said it exp","content":"<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.</p>\n<p>Investors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.</p>\n<p>As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.</p>\n<p>Intel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.</p>\n<p>Susquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.</p>\n<p>Analysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.</p>\n<p>Despite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.</p>\n<p>Still, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.</p>\n<p>Intel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told&nbsp;<i>Barron’s</i> that he expects the chip shortage to last two years.</p>\n<p>Of the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.</p>\n<p>Intel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.</p>\n<p>Rolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Reports Earnings Thursday. Here’s What to Know.</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\">\nIntel Reports Earnings Thursday. Here’s What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 15:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already ...</p>\n\n<a href=\"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147263213","content_text":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.\nAs part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.\nIntel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.\nSusquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.\nAnalysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.\nDespite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.\nStill, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.\nIntel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told Barron’s that he expects the chip shortage to last two years.\nOf the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.\nIntel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.\nRolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347760261,"gmtCreate":1618531436053,"gmtModify":1704712229905,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/347760261","repostId":"1184470866","repostType":4,"repost":{"id":"1184470866","pubTimestamp":1618530196,"share":"https://www.laohu8.com/m/news/1184470866?lang=&edition=full","pubTime":"2021-04-16 07:43","market":"us","language":"en","title":"Dow jumps 300 points to top 34,000 for the first time amid blowout economic data","url":"https://stock-news.laohu8.com/highlight/detail?id=1184470866","media":"CNBC","summary":"U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fr","content":"<div>\n<p>U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow jumps 300 points to top 34,000 for the first time amid blowout economic data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow jumps 300 points to top 34,000 for the first time amid blowout economic data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AMZN":"亚马逊",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","NFLX":"奈飞","COIN":"Coinbase Global, Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184470866","content_text":"U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones Industrial Average rose 305.10 points, or 0.9%, to a record close of 34,035.99, marking the first time the blue-chip benchmark has crossed the 34,000 milestone. The S&P 500 gained 1.1% to 4,170.42, also reaching a record high. The Nasdaq Composite advanced 1.3% to 14,038.76.\nTechnology shares rebounded as bond yields fell. The so-called FAANG stocks – Facebook, Amazon, Apple, Netflix and Alphabet – all climbed more than 1%. The 10-year Treasury yield dropped 8 basis points below 1.56%. Earlier in the year, higher rates caused investors to dump growth-oriented stocks.\nRetail sales surged 9.8% in March as additional stimulus sent consumer spending soaring, the Commerce Department reported Thursday. That number topped the Dow Jones estimate of a 6.1% gain.\nA separate report on Thursday showed that first-time filings for unemployment insurance dropped to the lowest level since March 2020. The Labor Department reported 576,000 new jobless claims for the week ended April 10. Economists polled by Dow Jones expected a total of 710,000.\n“Although 34,000 by itself is just another number, this is a monumental feat when you think back to where we were last year at this time,” said Ryan Detrick, chief market strategist at LPL Financial. “The speed and resiliency of this economic recovery is unlike anything we’ve ever seen and it helps to justify stocks at all-time highs.”\nShares of UnitedHealth, a Dow member, gained 3.8% after results topped the Street’s forecasts and the health insurer raised guidance for 2021.\nPepsi shares added 0.1% after the consumer snack and drink maker said sales last quarter rose nearly 7%, topping estimates.\nThe market has been grinding higher to reach new records in recent sessions amid the economic reopening and trillions of dollars in stimulus. The S&P 500 has gained 11% in 2021 with energy and financials up the most year to date.\n“I am incredibly bullish on the markets, and you are right to be worried about our deficits,” Larry Fink, BlackRock CEO, said in an interview on “Squawk Box.”“If we don’t have economic growth that is sustainable over the next 10 years — our deficits are going to matter and they are going to elevate interest rates ... I believe because of monetary stimulus, fiscal stimulus, cash on the sidelines, earnings, markets are okay. Markets are going to continue to be stronger.”\nShares of Citigroup erased earlier gains and fell 0.5% The bank posted results that beat analysts’ estimates for first-quarter profit with strong investment banking revenue and a bigger-than-expected release of loan-loss reserves.\nBank of America shares rose as earnings last quarter blew past the Street on booming trading and investment banking results as well the release of loan-loss reserves. The shares dipped 2.9%, however.\nNewly public crypto exchange Coinbase rolled over and closed the day down 1.7% in volatile trading. The stock got a boost earlier after it was revealed Ark Invest’s Cathie Wood loaded up on the first day of trading.\nOn Tuesday, the Food and Drug Administration called for a pause in administering J&J’s Covid-19 vaccine after six people in the U.S. developed a rare disorder involving blood clots. The announcement triggered a sell-off in reopening plays earlier in the week, but is not expected to have a material impact on the pace of the U.S. vaccine rollout.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117145304,"gmtCreate":1623125837308,"gmtModify":1704196609063,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/117145304","repostId":"2141342255","repostType":4,"repost":{"id":"2141342255","pubTimestamp":1623098661,"share":"https://www.laohu8.com/m/news/2141342255?lang=&edition=full","pubTime":"2021-06-08 04:44","market":"us","language":"en","title":"S&P closes nominally lower as investors wait for a catalyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2141342255","media":"REUTERS","summary":"NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), wit","content":"<div>\n<p>NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P closes nominally lower as investors wait for a catalyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P closes nominally lower as investors wait for a catalyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 04:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst><strong>REUTERS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEX":"标普100","BIIB":"渤健公司","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF",".SPX":"S&P 500 Index"},"source_url":"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141342255","content_text":"NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving economic news.The Dow closed well within negative territory, while the Nasdaq advanced. Still, the S&P and the Dow remained inside one percentage point of their record closing highs.\"Thematically, we're done with earnings, so you have this lull in between earnings when what drives the market is economic data points,\" said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. \"There's not a lot of impetus for investors to take action today.\"\"There's been this flip-flop between whether inflation will be transitory or persistent, and the next card that gets flipped over for that is the CPI report on Thursday,\" Sroka added.Small-caps outperformed as the ongoing retail frenzy boosted stocks whose recent explosive trading volumes have been attributed to social media buzz.AMC Entertainment Holdings jumped 14.8%, extending the previous week's 85% gain.Other so-called \"meme stocks,\" including GameStop and US-listed shares of Blackberry advanced between 7% and 14%.\"You've seen a decades-long, technology-enabled democratisation of the market and there's certainly groups of individual investors that flock to these ideas,\" Sroka said. \"We're seeing speculative trading in an age of multiple outlets and social media amplifies the news.\"The Group of Seven (G-7) advanced economies agreed on Saturday to back a minimum global corporate tax rate of at least 15%, a move Treasury Secretary Janet Yellen called a \"significant, unprecedented commitment\" to bring what she called a race to the bottom on global taxation.Lawmakers in Washington are doubling down on efforts to craft a bipartisan infrastructure spending package, with House Democrats expected to bring a bill to vote as early as Wednesday.The Dow Jones Industrial Average fell 126.15 points, or 0.36%, to 34,630.24; the S&P 500 lost 3.37 points, or 0.08%, at 4,226.52; and the Nasdaq Composite added 67.23 points, or 0.49%, at 13,881.72.Of the 11 major sectors in the S&P 500, seven lost ground, with materials suffering the largest percentage drop.Real estate led the gainers.Shares of Biogen Inc surged 38.3% following news that the US Food and Drug Administration approved its Alzheimer's disease drug aducanumab.Data centre operator QTS Realty Trust jumped 21.2% on reports of a takeover deal by investment firm Blackstone Group worth $6.7 billion. Cruise operator Royal Caribbean announced that six of its ships would begin sailing from Florida and Texas ports in July and August.Its shares gained 0.4%, while rivals Carnival and Norwegian Cruise Line advanced 1.1% and 3.1%, respectively.Advancing issues outnumbered decliners on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.The S&P 500 posted 62 new 52-week highs and one new low; the Nasdaq Composite recorded 168 new highs and 21 new lows.Volume on U.S. exchanges was 10.52 billion shares, compared with the 10.71 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578998620811124","authorId":"3578998620811124","name":"jerfong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0},"content":"ok please help comment back","text":"ok please help comment back","html":"ok please help comment back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358785586,"gmtCreate":1616731378345,"gmtModify":1704798016629,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls","listText":"comment and like pls","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/358785586","repostId":"1100799979","repostType":4,"repost":{"id":"1100799979","pubTimestamp":1616730844,"share":"https://www.laohu8.com/m/news/1100799979?lang=&edition=full","pubTime":"2021-03-26 11:54","market":"us","language":"en","title":"Stay bullish on the stock market in the face of some fresh sell signals","url":"https://stock-news.laohu8.com/highlight/detail?id=1100799979","media":"marketwatch","summary":"The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ lagging noticea","content":"<p>The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ&nbsp;lagging noticeably behind, and the S&amp;P 500 indexcaught somewhere in the middle. This is not a good scenario for stocks.</p>\n<p>There is an old adage that it is not good for the market if the Generals are out in front of the Army (the “Generals” being General Motors, General Electric, etc. – i.e., the mainstays of the Dow of days gone by; the “Army” being the main body of stocks). The point is that if the advance is narrow and limited to the largest institutional stocks, then trouble lies ahead.</p>\n<p>It is a good point, but too vague to implement as a trading system. We would normally see that reflected in breadth (which is now giving a sell signal) and new highs vs. new lows (which is also on a sell signal).</p>\n<p><img src=\"https://static.tigerbbs.com/c46ab28413e089cb3da5f328292ad4e7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p>\n<p>One positive thing is that the SPX chart is still in an uptrend, as the moving averages and “modified Bollinger Bands” are still trending higher. However, if the S&amp;P breaks through support at 3,870, that uptrend would be called into question. As one can see from the accompanying chart, there is further support near 3,725. If that is broken, the bears would clearly be in charge. Meanwhile, the recent all-time highs, at 3,985, represent resistance.</p>\n<p>What is different today compared to previous minor pullbacks is that several of our internal indicators have weakened considerably and are on sell signals: breadth, new highs vs. new lows, and equity-only put-call ratios.</p>\n<p>Equity-only put-call ratios remain on sell signals that were first generated in mid-February and that have strengthened by beginning to rise rapidly.&nbsp;They are still relatively low on their charts, meaning that there is a lot of room to move higher before one might say they are “oversold.”</p>\n<p><img src=\"https://static.tigerbbs.com/bfd689fa18eceb515c752afa1cb024f7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN<img src=\"https://static.tigerbbs.com/9216bd23616405d8464aa44f5baea259\" tg-width=\"620\" tg-height=\"460\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p>\n<p>Breadth has deteriorated badly over the past two weeks – especially this last week. Sell signals were generated by the breadth oscillators on March 18 and March 19, and those oscillators have plunged since then.&nbsp;The “stocks only” breadth oscillator has already descended into oversold territory, but “oversold doesn’t mean buy.”</p>\n<p>The NYSE breadth oscillator is also moving lower, but at a much slower pace, since the more positive “Dow-type” stocks have a heavier weight in that oscillator.</p>\n<p>Meanwhile, cumulative breadth has fallen sharply as well. That is not a signal, but it is worth noting that the “stocks only” cumulative advance-decline line has fallen almost 10,000 issues since the cumulative A-D line reached an all-time high on March 15 (that is, over that time, summing the daily figures, declines have outnumbered advances by 10,000 issues).</p>\n<p>A significant development has also occurred in the case of the “new highs vs. new lows” indicator. On March 23, new 52-week lows outnumbered new 52-week highs andnew 52-week lows numbered more than 100 issues — the first time that has happened since last May.&nbsp;That was the case again on March 24.&nbsp;That places this indicator on a sell signal until new highs take control once again.</p>\n<p>Countering the negativity of put-call ratios, breadth, and new highs vs. new lows, is the fact that the volatility indicators still remain generally bullish. VIX has not risen substantially (yet), so the “spike peak” buy signal of March 4 remains in place.</p>\n<p>Moreover, the trend of VIXVIX,-6.56%continues to be lower, as both VIX and its 20-day moving average are below the declining 200-day moving average. In fact, on March 22, VIX closed at its lowest price (18.88) since February 2020.</p>\n<p>If VIX should continue to fall below there, it would be a bullish sign for stocks.</p>\n<p><img src=\"https://static.tigerbbs.com/c5d40b1aedd4e9457306d25814439c92\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p>\n<p>As we’ve noted previously, the fact that VIX has remained so high all during the huge rally over the past year has been a worrisome sign for many traders. But the traders that were keeping VIX higher were actually correct, because realized volatility of SPX (i.e., its 20-day historical volatility) has been just below 20 since early March. Thus, realized volatility rose to meet implied volatility, rather than the other way around (which is more often the case).</p>\n<p>Now, if one wants to make the case that it is worrisome to see both forms of volatility this high, then so be it. But there is no longer any significant difference between the S&amp;P’s realized and implied volatility.</p>\n<p>The construct of volatility derivatives has remained bullish throughout.&nbsp;VIX futures are all trading at premiums to VIX, and the term structure slopes upward through the coming summer. Similarly, the term structure of the CBOE Volatility Indices slopes upward through the next six months as well.</p>\n<p>The first sign of a negative reversal here would be if the April VIX futures traded above the price of May VIX futures.</p>\n<p>Near-term deterioration in some internal indicators is certainly a cause for worry, and small countertrend bearish positions can be taken because of that. However, the S&amp;P’s trend is still higher, and the trend of VIX is still lower – both bullish factors. So we still maintaining a “core” bullish position until those two trends are broken.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stay bullish on the stock market in the face of some fresh sell signals</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\">\nStay bullish on the stock market in the face of some fresh sell signals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 11:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stay-bullish-on-the-stock-market-in-the-face-of-some-fresh-sell-signals-01616682019?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ lagging noticeably behind, and the S&P 500 indexcaught somewhere in the middle. This is not a good scenario for ...</p>\n\n<a href=\"https://www.marketwatch.com/story/stay-bullish-on-the-stock-market-in-the-face-of-some-fresh-sell-signals-01616682019?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d8fb95e65f042f352c6313989391357","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/stay-bullish-on-the-stock-market-in-the-face-of-some-fresh-sell-signals-01616682019?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100799979","content_text":"The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ lagging noticeably behind, and the S&P 500 indexcaught somewhere in the middle. This is not a good scenario for stocks.\nThere is an old adage that it is not good for the market if the Generals are out in front of the Army (the “Generals” being General Motors, General Electric, etc. – i.e., the mainstays of the Dow of days gone by; the “Army” being the main body of stocks). The point is that if the advance is narrow and limited to the largest institutional stocks, then trouble lies ahead.\nIt is a good point, but too vague to implement as a trading system. We would normally see that reflected in breadth (which is now giving a sell signal) and new highs vs. new lows (which is also on a sell signal).\nLAWRENCE MCMILLAN\nOne positive thing is that the SPX chart is still in an uptrend, as the moving averages and “modified Bollinger Bands” are still trending higher. However, if the S&P breaks through support at 3,870, that uptrend would be called into question. As one can see from the accompanying chart, there is further support near 3,725. If that is broken, the bears would clearly be in charge. Meanwhile, the recent all-time highs, at 3,985, represent resistance.\nWhat is different today compared to previous minor pullbacks is that several of our internal indicators have weakened considerably and are on sell signals: breadth, new highs vs. new lows, and equity-only put-call ratios.\nEquity-only put-call ratios remain on sell signals that were first generated in mid-February and that have strengthened by beginning to rise rapidly. They are still relatively low on their charts, meaning that there is a lot of room to move higher before one might say they are “oversold.”\nLAWRENCE MCMILLANLAWRENCE MCMILLAN\nBreadth has deteriorated badly over the past two weeks – especially this last week. Sell signals were generated by the breadth oscillators on March 18 and March 19, and those oscillators have plunged since then. The “stocks only” breadth oscillator has already descended into oversold territory, but “oversold doesn’t mean buy.”\nThe NYSE breadth oscillator is also moving lower, but at a much slower pace, since the more positive “Dow-type” stocks have a heavier weight in that oscillator.\nMeanwhile, cumulative breadth has fallen sharply as well. That is not a signal, but it is worth noting that the “stocks only” cumulative advance-decline line has fallen almost 10,000 issues since the cumulative A-D line reached an all-time high on March 15 (that is, over that time, summing the daily figures, declines have outnumbered advances by 10,000 issues).\nA significant development has also occurred in the case of the “new highs vs. new lows” indicator. On March 23, new 52-week lows outnumbered new 52-week highs andnew 52-week lows numbered more than 100 issues — the first time that has happened since last May. That was the case again on March 24. That places this indicator on a sell signal until new highs take control once again.\nCountering the negativity of put-call ratios, breadth, and new highs vs. new lows, is the fact that the volatility indicators still remain generally bullish. VIX has not risen substantially (yet), so the “spike peak” buy signal of March 4 remains in place.\nMoreover, the trend of VIXVIX,-6.56%continues to be lower, as both VIX and its 20-day moving average are below the declining 200-day moving average. In fact, on March 22, VIX closed at its lowest price (18.88) since February 2020.\nIf VIX should continue to fall below there, it would be a bullish sign for stocks.\nLAWRENCE MCMILLAN\nAs we’ve noted previously, the fact that VIX has remained so high all during the huge rally over the past year has been a worrisome sign for many traders. But the traders that were keeping VIX higher were actually correct, because realized volatility of SPX (i.e., its 20-day historical volatility) has been just below 20 since early March. Thus, realized volatility rose to meet implied volatility, rather than the other way around (which is more often the case).\nNow, if one wants to make the case that it is worrisome to see both forms of volatility this high, then so be it. But there is no longer any significant difference between the S&P’s realized and implied volatility.\nThe construct of volatility derivatives has remained bullish throughout. VIX futures are all trading at premiums to VIX, and the term structure slopes upward through the coming summer. Similarly, the term structure of the CBOE Volatility Indices slopes upward through the next six months as well.\nThe first sign of a negative reversal here would be if the April VIX futures traded above the price of May VIX futures.\nNear-term deterioration in some internal indicators is certainly a cause for worry, and small countertrend bearish positions can be taken because of that. However, the S&P’s trend is still higher, and the trend of VIX is still lower – both bullish factors. So we still maintaining a “core” bullish position until those two trends are broken.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110013390,"gmtCreate":1622416769510,"gmtModify":1704183881281,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls&nbsp;","listText":"comment and like pls&nbsp;","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/110013390","repostId":"1127487048","repostType":4,"repost":{"id":"1127487048","pubTimestamp":1622416539,"share":"https://www.laohu8.com/m/news/1127487048?lang=&edition=full","pubTime":"2021-05-31 07:15","market":"us","language":"en","title":"Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1127487048","media":"Barron's","summary":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long ","content":"<p>U.S. stock and bond markets are closed Monday for Memorial Day. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> will return from the long weekend to a handful of notable companies’ quarterly results.&nbsp;<a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video <a href=\"https://laohu8.com/S/JCS\">Communications</a>,Canopy Growth,and&nbsp;Hewlett Packard Enterprisereport on Tuesday, followed by&nbsp;Advance Auto Partson Wednesday. On Thursday,&nbsp;<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,DocuSign,and&nbsp;Lululemon&nbsp;Athletica release results.</p><p>The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down&nbsp;to 5.9%, from 6.1%.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels.&nbsp;The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.</p><p>Monday 5/31</p><p><b>Stock and fixed-income</b>&nbsp;markets are closed in observance of Memorial Day.</p><p><b>The Organization</b>for Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.</p><p>Tuesday 6/1</p><p><a href=\"https://laohu8.com/S/BNS\">Bank of Nova Scotia</a>,Canopy Growth, <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a>, and Zoom Video Communications announce quarterly results.</p><p><b>The Institute for Supply</b>Management releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.</p><p><b>The Census Bureau</b>reports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.</p><p>Wednesday 6/2</p><p><a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a>,<a href=\"https://laohu8.com/S/NTAP\">NetApp</a>,and PVH report earnings.</p><p><a href=\"https://laohu8.com/S/PM\">Philip Morris</a> Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.</p><p><b>The Federal Reserve</b>releases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.</p><p>Thursday 6/3</p><p><b>ADP releases its <a href=\"https://laohu8.com/S/NHLD\">National</a> Employment</b>report for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.</p><p>Broadcom,CooperCos., DocuSign,J.M. Smucker,and <a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a> hold conference calls to discuss earnings.</p><p><b>The Bureau of Economic Analysis</b>reports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.</p><p><b>The ISM releases</b>its Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.</p><p>Friday 6/4</p><p>Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 <a href=\"https://laohu8.com/S/AFG\">American</a> Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.</p><p><b>The Bureau of Labor</b>Statistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the <a href=\"https://laohu8.com/S/AONE\">one</a> million jump expected by some economists.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long weekend to a handful of notable companies’ quarterly results. Zoom Video Communications,Canopy ...</p>\n\n<a href=\"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGC":"Canopy Growth Corporation","ZM":"Zoom",".DJI":"道琼斯","LULU":"lululemon athletica",".IXIC":"NASDAQ Composite","ISBC":"投资者银行",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127487048","content_text":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long weekend to a handful of notable companies’ quarterly results. Zoom Video Communications,Canopy Growth,and Hewlett Packard Enterprisereport on Tuesday, followed by Advance Auto Partson Wednesday. On Thursday, Broadcom,DocuSign,and Lululemon Athletica release results.The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down to 5.9%, from 6.1%.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels. The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.Monday 5/31Stock and fixed-income markets are closed in observance of Memorial Day.The Organizationfor Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.Tuesday 6/1Bank of Nova Scotia,Canopy Growth, Hewlett Packard Enterprise, and Zoom Video Communications announce quarterly results.The Institute for SupplyManagement releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.The Census Bureaureports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.Wednesday 6/2Advance Auto Parts,NetApp,and PVH report earnings.Philip Morris Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.The Federal Reservereleases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.Thursday 6/3ADP releases its National Employmentreport for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.Broadcom,CooperCos., DocuSign,J.M. Smucker,and Lululemon Athletica hold conference calls to discuss earnings.The Bureau of Economic Analysisreports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.The ISM releasesits Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.Friday 6/4Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 American Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.The Bureau of LaborStatistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the one million jump expected by some economists.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577926015536657","authorId":"3577926015536657","name":"Kimmiekun","avatar":"https://static.tigerbbs.com/53343a2e06cafad3f44521d3a28b52fc","crmLevel":1,"crmLevelSwitch":0},"content":"Done. Pls do likewise. Thks","text":"Done. Pls do likewise. Thks","html":"Done. Pls do likewise. Thks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132350681,"gmtCreate":1622073369343,"gmtModify":1704178800827,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"comment and like pls&nbsp;","listText":"comment and like pls&nbsp;","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/132350681","repostId":"1181399067","repostType":4,"repost":{"id":"1181399067","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":1622072823,"share":"https://www.laohu8.com/m/news/1181399067?lang=&edition=full","pubTime":"2021-05-27 07:47","market":"us","language":"en","title":"Snowflake EPS misses by $0.19, beats on revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1181399067","media":"Tiger Newspress","summary":"(May 27) Snowflake shares slide over 3% despite beating Q1 revenue estimates with $228.9M, up 110% Y","content":"<p>(May&nbsp;27)&nbsp;Snowflake&nbsp;shares&nbsp;slide over&nbsp;3%&nbsp;despite beating Q1 revenue estimates with $228.9M, up 110% Y/Y. GAAP&nbsp;loss per share was $0.70,which might not be comparable to consensus estimates. Snowflake shares tend to pull back after earnings due to the high valuation.</p><ul><li>Snowflake Q1 GAAP EPS of -$0.70misses by $0.19.</li><li>Revenue of $228.9M (+110.4% Y/Y)beats by $15.54M.</li><li>Product revenue of $213.8 million, representing 110% year-over-year growth</li><li>Remaining performance obligations of $1.4 billion, representing 206% year-over-year growth</li><li>4,532 total customers</li><li>Net revenue retention rate of 168%</li><li>104 customers with trailing 12-month product revenue greater than $1 million</li></ul><p><b>Guidance:</b></p><ul><li>Q2 Product revenue of $235M-$240M, up 88%-92%, operating margin -19%.</li><li>FY22 Product revenue of $1.02B-$1.04B vs. prior guidance of $1B-$1.02B, operating margin -17%.</li></ul><p><img src=\"https://static.tigerbbs.com/72b1c88bd0223cf53a10a666aa9e01af\" tg-width=\"662\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></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>Snowflake EPS misses by $0.19, beats on revenue</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\">\nSnowflake EPS misses by $0.19, beats on revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-27 07:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May&nbsp;27)&nbsp;Snowflake&nbsp;shares&nbsp;slide over&nbsp;3%&nbsp;despite beating Q1 revenue estimates with $228.9M, up 110% Y/Y. GAAP&nbsp;loss per share was $0.70,which might not be comparable to consensus estimates. Snowflake shares tend to pull back after earnings due to the high valuation.</p><ul><li>Snowflake Q1 GAAP EPS of -$0.70misses by $0.19.</li><li>Revenue of $228.9M (+110.4% Y/Y)beats by $15.54M.</li><li>Product revenue of $213.8 million, representing 110% year-over-year growth</li><li>Remaining performance obligations of $1.4 billion, representing 206% year-over-year growth</li><li>4,532 total customers</li><li>Net revenue retention rate of 168%</li><li>104 customers with trailing 12-month product revenue greater than $1 million</li></ul><p><b>Guidance:</b></p><ul><li>Q2 Product revenue of $235M-$240M, up 88%-92%, operating margin -19%.</li><li>FY22 Product revenue of $1.02B-$1.04B vs. prior guidance of $1B-$1.02B, operating margin -17%.</li></ul><p><img src=\"https://static.tigerbbs.com/72b1c88bd0223cf53a10a666aa9e01af\" tg-width=\"662\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181399067","content_text":"(May 27) Snowflake shares slide over 3% despite beating Q1 revenue estimates with $228.9M, up 110% Y/Y. GAAP loss per share was $0.70,which might not be comparable to consensus estimates. Snowflake shares tend to pull back after earnings due to the high valuation.Snowflake Q1 GAAP EPS of -$0.70misses by $0.19.Revenue of $228.9M (+110.4% Y/Y)beats by $15.54M.Product revenue of $213.8 million, representing 110% year-over-year growthRemaining performance obligations of $1.4 billion, representing 206% year-over-year growth4,532 total customersNet revenue retention rate of 168%104 customers with trailing 12-month product revenue greater than $1 millionGuidance:Q2 Product revenue of $235M-$240M, up 88%-92%, operating margin -19%.FY22 Product revenue of $1.02B-$1.04B vs. prior guidance of $1B-$1.02B, operating margin -17%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886825895,"gmtCreate":1631581291017,"gmtModify":1676530580453,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/886825895","repostId":"1178276551","repostType":4,"repost":{"id":"1178276551","pubTimestamp":1631574947,"share":"https://www.laohu8.com/m/news/1178276551?lang=&edition=full","pubTime":"2021-09-14 07:15","market":"us","language":"en","title":"S&P 500 snaps losing streak with tax hikes, inflation data on horizon","url":"https://stock-news.laohu8.com/highlight/detail?id=1178276551","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investo","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p>\n<p>The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p>\n<p>Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p>\n<p>“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p>\n<p>Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p>\n<p>Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p>\n<p>The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p>\n<p>“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p>\n<p>Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p>\n<p>The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p>\n<p>Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p>\n<p>Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p>\n<p>Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p>\n<p>Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 snaps losing streak with tax hikes, inflation data on horizon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 snaps losing streak with tax hikes, inflation data on horizon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178276551","content_text":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.\nInvestors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.\n“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”\nMarket participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.\nGoldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.\nThe Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.\n“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”\nOther key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.\nThe Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.\nOf the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.\nShares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.\nCoinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.\nSalesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.\nThe S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.\nVolume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809749990,"gmtCreate":1627394382010,"gmtModify":1703489087881,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"&nbsp;comment and like pls&nbsp;","listText":"&nbsp;comment and like pls&nbsp;","text":"comment and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/809749990","repostId":"1154449552","repostType":4,"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}