siewming personal page - To The Moon

siewming

siewming

No personal profile

153Follow

5Followers

0Topic

0Badge

2021-04-28

They got dominant market, for long run it still a good company to invest

Microsoft sales grow on cloud strength, shares dip on heightened valuation

2021-04-27

What will happen to their business if the pandemic keep on dragging? ?

Sorry, the original content has been removed

2021-06-29

With short of supplies, is hard that the price can remain as what it is now. It is normal that the price increase due to demand more than supplies

Micron earnings: Investors need assurance that memory chip prices aren't peaking

2021-04-12

Alibaba is too big to fail, it's just business as usual for them ?

Sorry, the original content has been removed

2021-04-26

There are too much so-called online education centre around, is time to get rid them

Sorry, the original content has been removed

2021-04-15

This will be a real deal ??

From Harvard to Nasdaq listing: Grab CEO's ride to world's biggest SPAC deal

2021-06-27

Definitely NIO ?

Ford Or NIO? The Final Verdict

2021-06-25

This is good news being looking for ????

Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut

2021-05-18

For long term wise Disney is always a good buy ?

Is Disney Stock Still a Buy After Missing Subscriber Estimates?

2021-05-06

Will it be a good buy for now? ?

Sorry, the original content has been removed

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3570854261544320","uuid":"3570854261544320","gmtCreate":1607760612770,"gmtModify":1615992063797,"name":"siewming","pinyin":"siewming","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":5,"headSize":153,"tweetSize":0,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.01.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":159187931,"gmtCreate":1624948750223,"gmtModify":1703848635679,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"With short of supplies, is hard that the price can remain as what it is now. It is normal that the price increase due to demand more than supplies","listText":"With short of supplies, is hard that the price can remain as what it is now. It is normal that the price increase due to demand more than supplies","text":"With short of supplies, is hard that the price can remain as what it is now. It is normal that the price increase due to demand more than supplies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/159187931","repostId":"2147345588","repostType":4,"repost":{"id":"2147345588","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624948320,"share":"https://ttm.financial/m/news/2147345588?lang=en_US&edition=fundamental","pubTime":"2021-06-29 14:32","market":"us","language":"en","title":"Micron earnings: Investors need assurance that memory chip prices aren't peaking","url":"https://stock-news.laohu8.com/highlight/detail?id=2147345588","media":"Dow Jones","summary":"2018's chip boom turned chip glut may still be fresh in the memories of many investors\nMicron Techno","content":"<p>2018's chip boom turned chip glut may still be fresh in the memories of many investors</p>\n<p>Micron Technology Inc.'s earnings and outlook later this week should shed some light on whether investors' fears that memory chip prices are peaking are overblown.</p>\n<p>Micron <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is scheduled to report fiscal third-quarter results on Wednesday after the bell.</p>\n<p>Shares of the Boise, Idaho-based chip maker have hobbled since they hit a record high in April followed by the company forecasting higher-than-expected quarterly revenue for the quarter. Over the past three months, Micron shares have fallen 6%, while the PHLX Semiconductor Index has grown nearly 7%.</p>\n<p>Micron specializes in DRAM and NAND memory chips. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in smaller devices like smartphones and USB drives.</p>\n<p>JPMorgan analyst Harlan Sur, who has an overweight rating and a $140 price target, said he believes \"some investors' fears on pricing rolling over in C4Q21 to beoverblown (we expect a mid-single-digit price increase in Micron's Nov-Q).\"</p>\n<p>Sur said he expects May-ending quarter results \"to be strong amid a better pricing environment and we expect strong sequential revenue growth in the August quarter even in a flat DRAM bit shipment environment.\"</p>\n<p>Investors likely have not forgotten 2018, when DRAM and NAND prices were skyrocketing only for them to crash after customers double- and triple-bought chips to lock in lower prices, leaving chip makers with massive inventories.</p>\n<p>Analysts on average expect DRAM sales of $5.21 billion, up from $3.59 billion in the year-ago period, and NAND sales of $1.86 billion, up from last year's $1.67 billion, according to FactSet.</p>\n<p>Read: The semiconductor shortage is here to stay, but it will affect chip companies differently</p>\n<p>What to expect</p>\n<p>Earnings: Of the 27 analysts surveyed by FactSet, Micron on average is expected to post adjusted earnings of $1.71 a share, up from the $1.32 a share expected at the beginning of the quarter, and the 82 cents a share reported in the year-ago quarter. Micron forecast $1.55 to $1.69 a share. Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of $1.78 a share.</p>\n<p>Revenue: Wall Street expects revenue of $7.23 billion from Micron, according to 26 analysts polled by FactSet. That's up from the $6.48 billion forecast at the beginning of the quarter, and the $5.44 billion reported in the year-ago quarter. In late May, Micron said that it expected revenue to come in \"at or above\" $7.3 billion, the high end of the guidance it provided at the end of March . Estimize expects revenue of $7.33 billion.</p>\n<p>Stock movement: Over Micron's fiscal third quarter, the stock slipped 0.2%, compared with a 12% increase on the PHLX Semiconductor Index over the same period, a 12% rise by the S&amp;P 500 index and a 8% gain by the Nasdaq Composite Index . During Micron's third quarter, shares closed at $95.59 on April 12, just short of their all-time closing high of $96.56, set on July 14, 2000.</p>\n<p>What analysts are saying</p>\n<p>Evercore ISI analyst C.J. Muse, who has an outperform rating and a $135 price target, said he expects DRAM supply to be lean going into 2022 with NAND improving into the second half of 2021.</p>\n<p>\"Put another way -- we think its way too early to call a memory peak,\" Muse said.</p>\n<p>Cowen analyst Karl Ackerman, who has an outperform rating and a $105 price target, said that positive sentiment in the memory chip space has flipped as Android smartphone production checks have been mixed, laptop PC growth seems to have moderated, and data centers have built up more inventory.</p>\n<p>\"Sentiment across memory has turned from optimism -- perhaps euphoria at times -- to disenchantment on concerns that pockets of end demand moderation may end the current bull cycle,\" Ackerman said.</p>\n<p>Still, he expects Micron to beat in the August quarter while it should provide in-line results on Wednesday. Plus, he notes the company's stock has underperformed since April, and that even though inventories appear built up they are for the most part lean.</p>\n<p>Citi Research analyst Christopher Danley, who has a buy rating and a $135 target price, also sees \"pushouts\" from the PC and smartphone supply chains that account for about half of Micron's revenue.</p>\n<p>\"We expect this to result in flat DRAM prices during 4Q21 but DRAM pricing to increase in C22 due to low supply growth,\" Danley said. \"As a result, we expect less upside to MU estimates during 4Q21 then for growth to resume in 2022.\"</p>\n<p>Of the 31 analysts who cover Micron, 25 have buy or overweight ratings and six have hold ratings, with an average price target of $120.14, according to FactSet data.</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>Micron earnings: Investors need assurance that memory chip prices aren't peaking</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\">\nMicron earnings: Investors need assurance that memory chip prices aren't peaking\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-29 14:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>2018's chip boom turned chip glut may still be fresh in the memories of many investors</p>\n<p>Micron Technology Inc.'s earnings and outlook later this week should shed some light on whether investors' fears that memory chip prices are peaking are overblown.</p>\n<p>Micron <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is scheduled to report fiscal third-quarter results on Wednesday after the bell.</p>\n<p>Shares of the Boise, Idaho-based chip maker have hobbled since they hit a record high in April followed by the company forecasting higher-than-expected quarterly revenue for the quarter. Over the past three months, Micron shares have fallen 6%, while the PHLX Semiconductor Index has grown nearly 7%.</p>\n<p>Micron specializes in DRAM and NAND memory chips. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in smaller devices like smartphones and USB drives.</p>\n<p>JPMorgan analyst Harlan Sur, who has an overweight rating and a $140 price target, said he believes \"some investors' fears on pricing rolling over in C4Q21 to beoverblown (we expect a mid-single-digit price increase in Micron's Nov-Q).\"</p>\n<p>Sur said he expects May-ending quarter results \"to be strong amid a better pricing environment and we expect strong sequential revenue growth in the August quarter even in a flat DRAM bit shipment environment.\"</p>\n<p>Investors likely have not forgotten 2018, when DRAM and NAND prices were skyrocketing only for them to crash after customers double- and triple-bought chips to lock in lower prices, leaving chip makers with massive inventories.</p>\n<p>Analysts on average expect DRAM sales of $5.21 billion, up from $3.59 billion in the year-ago period, and NAND sales of $1.86 billion, up from last year's $1.67 billion, according to FactSet.</p>\n<p>Read: The semiconductor shortage is here to stay, but it will affect chip companies differently</p>\n<p>What to expect</p>\n<p>Earnings: Of the 27 analysts surveyed by FactSet, Micron on average is expected to post adjusted earnings of $1.71 a share, up from the $1.32 a share expected at the beginning of the quarter, and the 82 cents a share reported in the year-ago quarter. Micron forecast $1.55 to $1.69 a share. Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of $1.78 a share.</p>\n<p>Revenue: Wall Street expects revenue of $7.23 billion from Micron, according to 26 analysts polled by FactSet. That's up from the $6.48 billion forecast at the beginning of the quarter, and the $5.44 billion reported in the year-ago quarter. In late May, Micron said that it expected revenue to come in \"at or above\" $7.3 billion, the high end of the guidance it provided at the end of March . Estimize expects revenue of $7.33 billion.</p>\n<p>Stock movement: Over Micron's fiscal third quarter, the stock slipped 0.2%, compared with a 12% increase on the PHLX Semiconductor Index over the same period, a 12% rise by the S&amp;P 500 index and a 8% gain by the Nasdaq Composite Index . During Micron's third quarter, shares closed at $95.59 on April 12, just short of their all-time closing high of $96.56, set on July 14, 2000.</p>\n<p>What analysts are saying</p>\n<p>Evercore ISI analyst C.J. Muse, who has an outperform rating and a $135 price target, said he expects DRAM supply to be lean going into 2022 with NAND improving into the second half of 2021.</p>\n<p>\"Put another way -- we think its way too early to call a memory peak,\" Muse said.</p>\n<p>Cowen analyst Karl Ackerman, who has an outperform rating and a $105 price target, said that positive sentiment in the memory chip space has flipped as Android smartphone production checks have been mixed, laptop PC growth seems to have moderated, and data centers have built up more inventory.</p>\n<p>\"Sentiment across memory has turned from optimism -- perhaps euphoria at times -- to disenchantment on concerns that pockets of end demand moderation may end the current bull cycle,\" Ackerman said.</p>\n<p>Still, he expects Micron to beat in the August quarter while it should provide in-line results on Wednesday. Plus, he notes the company's stock has underperformed since April, and that even though inventories appear built up they are for the most part lean.</p>\n<p>Citi Research analyst Christopher Danley, who has a buy rating and a $135 target price, also sees \"pushouts\" from the PC and smartphone supply chains that account for about half of Micron's revenue.</p>\n<p>\"We expect this to result in flat DRAM prices during 4Q21 but DRAM pricing to increase in C22 due to low supply growth,\" Danley said. \"As a result, we expect less upside to MU estimates during 4Q21 then for growth to resume in 2022.\"</p>\n<p>Of the 31 analysts who cover Micron, 25 have buy or overweight ratings and six have hold ratings, with an average price target of $120.14, according to FactSet data.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147345588","content_text":"2018's chip boom turned chip glut may still be fresh in the memories of many investors\nMicron Technology Inc.'s earnings and outlook later this week should shed some light on whether investors' fears that memory chip prices are peaking are overblown.\nMicron $(MU)$ is scheduled to report fiscal third-quarter results on Wednesday after the bell.\nShares of the Boise, Idaho-based chip maker have hobbled since they hit a record high in April followed by the company forecasting higher-than-expected quarterly revenue for the quarter. Over the past three months, Micron shares have fallen 6%, while the PHLX Semiconductor Index has grown nearly 7%.\nMicron specializes in DRAM and NAND memory chips. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in smaller devices like smartphones and USB drives.\nJPMorgan analyst Harlan Sur, who has an overweight rating and a $140 price target, said he believes \"some investors' fears on pricing rolling over in C4Q21 to beoverblown (we expect a mid-single-digit price increase in Micron's Nov-Q).\"\nSur said he expects May-ending quarter results \"to be strong amid a better pricing environment and we expect strong sequential revenue growth in the August quarter even in a flat DRAM bit shipment environment.\"\nInvestors likely have not forgotten 2018, when DRAM and NAND prices were skyrocketing only for them to crash after customers double- and triple-bought chips to lock in lower prices, leaving chip makers with massive inventories.\nAnalysts on average expect DRAM sales of $5.21 billion, up from $3.59 billion in the year-ago period, and NAND sales of $1.86 billion, up from last year's $1.67 billion, according to FactSet.\nRead: The semiconductor shortage is here to stay, but it will affect chip companies differently\nWhat to expect\nEarnings: Of the 27 analysts surveyed by FactSet, Micron on average is expected to post adjusted earnings of $1.71 a share, up from the $1.32 a share expected at the beginning of the quarter, and the 82 cents a share reported in the year-ago quarter. Micron forecast $1.55 to $1.69 a share. Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of $1.78 a share.\nRevenue: Wall Street expects revenue of $7.23 billion from Micron, according to 26 analysts polled by FactSet. That's up from the $6.48 billion forecast at the beginning of the quarter, and the $5.44 billion reported in the year-ago quarter. In late May, Micron said that it expected revenue to come in \"at or above\" $7.3 billion, the high end of the guidance it provided at the end of March . Estimize expects revenue of $7.33 billion.\nStock movement: Over Micron's fiscal third quarter, the stock slipped 0.2%, compared with a 12% increase on the PHLX Semiconductor Index over the same period, a 12% rise by the S&P 500 index and a 8% gain by the Nasdaq Composite Index . During Micron's third quarter, shares closed at $95.59 on April 12, just short of their all-time closing high of $96.56, set on July 14, 2000.\nWhat analysts are saying\nEvercore ISI analyst C.J. Muse, who has an outperform rating and a $135 price target, said he expects DRAM supply to be lean going into 2022 with NAND improving into the second half of 2021.\n\"Put another way -- we think its way too early to call a memory peak,\" Muse said.\nCowen analyst Karl Ackerman, who has an outperform rating and a $105 price target, said that positive sentiment in the memory chip space has flipped as Android smartphone production checks have been mixed, laptop PC growth seems to have moderated, and data centers have built up more inventory.\n\"Sentiment across memory has turned from optimism -- perhaps euphoria at times -- to disenchantment on concerns that pockets of end demand moderation may end the current bull cycle,\" Ackerman said.\nStill, he expects Micron to beat in the August quarter while it should provide in-line results on Wednesday. Plus, he notes the company's stock has underperformed since April, and that even though inventories appear built up they are for the most part lean.\nCiti Research analyst Christopher Danley, who has a buy rating and a $135 target price, also sees \"pushouts\" from the PC and smartphone supply chains that account for about half of Micron's revenue.\n\"We expect this to result in flat DRAM prices during 4Q21 but DRAM pricing to increase in C22 due to low supply growth,\" Danley said. \"As a result, we expect less upside to MU estimates during 4Q21 then for growth to resume in 2022.\"\nOf the 31 analysts who cover Micron, 25 have buy or overweight ratings and six have hold ratings, with an average price target of $120.14, according to FactSet data.","news_type":1,"symbols_score_info":{"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":3152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127684648,"gmtCreate":1624846327584,"gmtModify":1703846053329,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>&nbsp;time to fly","listText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>&nbsp;time to fly","text":"$Square(SQ)$ time to fly","images":[{"img":"https://static.tigerbbs.com/174430daab6dbb4b5e2a38eae9c6a502","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127684648","isVote":1,"tweetType":1,"viewCount":2158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":127689431,"gmtCreate":1624846098923,"gmtModify":1703846044103,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"NVIDIA is getting more dominant in their area ?","listText":"NVIDIA is getting more dominant in their area ?","text":"NVIDIA is getting more dominant in their area ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127689431","repostId":"1102536611","repostType":4,"isVote":1,"tweetType":1,"viewCount":2047,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124277456,"gmtCreate":1624770087875,"gmtModify":1703844868756,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Definitely NIO ?","listText":"Definitely NIO ?","text":"Definitely NIO ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124277456","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://ttm.financial/m/news/1137119316?lang=en_US&edition=fundamental","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p>\n<ul>\n <li>I am comparing Ford against NIO in different categories.</li>\n <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>\n <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p>\n<p>With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p>\n<p><b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p>\n<p>Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p>\n<p><b>Market opportunity</b></p>\n<p>In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p>\n<p>China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p>\n<p>Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p>\n<p>Turning to growth projections.</p>\n<p>With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p>\n<p>Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p>\n<p><b>Scale and manufacturing competence</b></p>\n<p>Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p>\n<p>Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p>\n<p>Winner here: Ford.</p>\n<p><b>Differentiation and BaaS revenue model</b></p>\n<p>Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p>\n<p>Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p>\n<p>The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p>\n<p>The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p>\n<p>Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p>\n<p>Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p>\n<p>The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p>\n<p><b>Sales growth and valuation</b></p>\n<p>Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p>\n<p>Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p>\n<p>Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p>\n<p><b>NIO has larger risks...</b></p>\n<p>NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p>\n<p><b>Final verdict</b></p>\n<p>NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p>\n<p>Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p>\n<p>If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</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>Ford Or NIO? The Final Verdict</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\">\nFord Or NIO? The Final Verdict\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","F":"福特汽车"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"NIO":0.9,"F":0.9}},"isVote":1,"tweetType":1,"viewCount":3232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126567735,"gmtCreate":1624579270327,"gmtModify":1703840692696,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"This is good news being looking for ????","listText":"This is good news being looking for ????","text":"This is good news being looking for ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126567735","repostId":"2146255080","repostType":4,"repost":{"id":"2146255080","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624577871,"share":"https://ttm.financial/m/news/2146255080?lang=en_US&edition=fundamental","pubTime":"2021-06-25 07:37","market":"sh","language":"en","title":"Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2146255080","media":"Reuters","summary":"June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuatio","content":"<p>June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.</p>\n<p>It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.</p>\n<p>Four ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.</p>\n<p>The IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.</p>\n<p>However, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion.&nbsp;</p>\n<p>The company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).</p>\n<p>Before settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.</p>\n<p>Excluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.</p>\n<p>It counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.</p>\n<p>It became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.</p>\n<p>In 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.</p>\n<p>In addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.</p>\n<p>Goldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.</p>\n<p>DiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.</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>Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut</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\">\nChinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 07:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.</p>\n<p>It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.</p>\n<p>Four ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.</p>\n<p>The IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.</p>\n<p>However, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion.&nbsp;</p>\n<p>The company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).</p>\n<p>Before settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.</p>\n<p>Excluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.</p>\n<p>It counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.</p>\n<p>It became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.</p>\n<p>In 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.</p>\n<p>In addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.</p>\n<p>Goldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.</p>\n<p>DiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146255080","content_text":"June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.\nIt set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.\nFour ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.\nThe IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.\nHowever, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion. \nThe company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).\nBefore settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.\nExcluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.\nIt counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.\nIt became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.\nIn 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.\nIn addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.\nGoldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.\nDiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.","news_type":1,"symbols_score_info":{"DIDI":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":2199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121994161,"gmtCreate":1624447874853,"gmtModify":1703836964149,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"I totally believe Nio will edge out Tesla in near future ?","listText":"I totally believe Nio will edge out Tesla in near future ?","text":"I totally believe Nio will edge out Tesla in near future ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121994161","repostId":"1145825451","repostType":4,"isVote":1,"tweetType":1,"viewCount":2804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195608164,"gmtCreate":1621289891158,"gmtModify":1704355075656,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"For long term wise Disney is always a good buy ?","listText":"For long term wise Disney is always a good buy ?","text":"For long term wise Disney is always a good buy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195608164","repostId":"1121366045","repostType":4,"repost":{"id":"1121366045","kind":"news","pubTimestamp":1621265461,"share":"https://ttm.financial/m/news/1121366045?lang=en_US&edition=fundamental","pubTime":"2021-05-17 23:31","market":"us","language":"en","title":"Is Disney Stock Still a Buy After Missing Subscriber Estimates?","url":"https://stock-news.laohu8.com/highlight/detail?id=1121366045","media":"Motley Fool","summary":"Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.\nWalt Disn","content":"<p>Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.</p>\n<p><b>Walt Disney</b>&nbsp;(NYSE:DIS)&nbsp;ended the fiscal second quarter with 103.6 million subscribers on its Disney+ streaming service.&nbsp;While that's more than double the total reported in the year-ago quarter, analysts expected Disney+ to finish the quarter with 109 million subscribers.</p>\n<p>The stock initially sold off sharply after the&nbsp;earnings report&nbsp;and is currently down 4.3% year to date.&nbsp;Investors are probably wondering if the House of Mouse is still a good investment.</p>\n<p>Here are four important points from the earnings call that suggest Disney is doing fine and could make the sell-off a good buying opportunity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00b2ef9a9954376983ea5e8c5eef5678\" tg-width=\"2000\" tg-height=\"1125\"><span>IMAGE SOURCE: WALT DISNEY.</span></p>\n<p><b>1. Disney+ is still on track to reach 230 million subscribers</b></p>\n<p>Disney was already doomed to disappoint investors after&nbsp;<b>Netflix</b>&nbsp;(NASDAQ:NFLX)&nbsp;missed its own guidance for subscribers in the March-ending quarter.&nbsp;There was a strong pull-forward of signups for streaming services during the pandemic that may take a quarter or two to shake out.</p>\n<p>Nonetheless, there were plenty of details in the earnings report that suggest Disney+ is still on track to hit its long-term subscriber target. For example, CFO Christine McCarthy said that Disney \"added subs at a faster pace in the last month of the second quarter than we did in the first two months.\"&nbsp;And this was despite the first price increase for Disney+ since launch.</p>\n<p>Looking beyond the near term, CEO Bob Chapek said: \"We are on track to achieve our guidance of 230 million to 260 million subscribers by the end of fiscal 2024.\"</p>\n<p><b>2. Churn levels remaining low despite price increases</b></p>\n<p>Even after implementing the price increases last quarter, Chapek said that \"we've not observed any significantly higher churn rate since the price increase in [the Europe, Middle East, and Africa region].\"</p>\n<p>Disney expects subscriber growth to be stronger once content production resumes at full strength. Chapek said, \"the anticipation for Marvel's newest series,<i>Loki</i>, which debuts on June 9 has been through the roof.\"</p>\n<p>Remember that Disney has gained more than 100 million subs without tapping the&nbsp;deep pipeline of content&nbsp;from&nbsp;<i>Star Wars</i>&nbsp;and Marvel that management unveiled at its December investor day presentation.&nbsp;As the company adds more content from these powerhouse franchises, subscriber numbers should add up.</p>\n<p><b>3. Disney+ has yet to benefit from recent price increases</b></p>\n<p>Disney's average revenue per user (ARPU) fell 29% to $3.99 during the quarter.&nbsp;That is certainly a stark contrast compared to Netflix's 6% year-over-year increase in the last quarter. But there's more to the story here.</p>\n<p>The decline in ARPU was due to the launch of Disney+ Hotstar in India, which produces a lower revenue per user than Disney+ in other markets.&nbsp;Excluding Hotstar, Disney+ ARPU would have been virtually unchanged at $5.61.</p>\n<p>\"As we move through the remainder of the year, we should start to see the benefit on Disney+ ARPU from price increases we've taken around the world,\" McCarthy said.</p>\n<p><b>4. Per capita spending is up at theme parks</b></p>\n<p>Of course, theme parks are still an important piece of Disney's business, generating $26 billion in revenue in fiscal 2019.&nbsp;Revenue from Disney parks, experiences, and products dropped 44% year over year in the quarter.&nbsp;But that's an improvement from the previous quarter's 53% decline.</p>\n<p>Management offered more good news on the earnings call. \"At Walt Disney World, attendance trends continued to steadily improve throughout the second quarter, and guest spending per capita again grew by double digits versus the prior year,\" McCarthy said.</p>\n<p>Disneyland Resort opened on April 30, and management is \"very encouraged\" by the guest response so far.</p>\n<p>It's tough to say where the stock will go in the near term, but Disney's franchises are some of the most valuable in the&nbsp;entertainment industry. I think it's a safe bet that once Disney unloads more content from its top brands on Disney+, and the rest of the business fully recovers from the pandemic, the stock price will likely trade higher than it does now. So, yes, I view the sell-off as a good buying opportunity.</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>Is Disney Stock Still a Buy After Missing Subscriber Estimates?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Disney Stock Still a Buy After Missing Subscriber Estimates?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/17/is-disney-stock-still-a-buy-after-missing-subscrib/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.\nWalt Disney (NYSE:DIS) ended the fiscal second quarter with 103.6 million subscribers on its Disney+ ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/17/is-disney-stock-still-a-buy-after-missing-subscrib/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.fool.com/investing/2021/05/17/is-disney-stock-still-a-buy-after-missing-subscrib/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121366045","content_text":"Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.\nWalt Disney (NYSE:DIS) ended the fiscal second quarter with 103.6 million subscribers on its Disney+ streaming service. While that's more than double the total reported in the year-ago quarter, analysts expected Disney+ to finish the quarter with 109 million subscribers.\nThe stock initially sold off sharply after the earnings report and is currently down 4.3% year to date. Investors are probably wondering if the House of Mouse is still a good investment.\nHere are four important points from the earnings call that suggest Disney is doing fine and could make the sell-off a good buying opportunity.\nIMAGE SOURCE: WALT DISNEY.\n1. Disney+ is still on track to reach 230 million subscribers\nDisney was already doomed to disappoint investors after Netflix (NASDAQ:NFLX) missed its own guidance for subscribers in the March-ending quarter. There was a strong pull-forward of signups for streaming services during the pandemic that may take a quarter or two to shake out.\nNonetheless, there were plenty of details in the earnings report that suggest Disney+ is still on track to hit its long-term subscriber target. For example, CFO Christine McCarthy said that Disney \"added subs at a faster pace in the last month of the second quarter than we did in the first two months.\" And this was despite the first price increase for Disney+ since launch.\nLooking beyond the near term, CEO Bob Chapek said: \"We are on track to achieve our guidance of 230 million to 260 million subscribers by the end of fiscal 2024.\"\n2. Churn levels remaining low despite price increases\nEven after implementing the price increases last quarter, Chapek said that \"we've not observed any significantly higher churn rate since the price increase in [the Europe, Middle East, and Africa region].\"\nDisney expects subscriber growth to be stronger once content production resumes at full strength. Chapek said, \"the anticipation for Marvel's newest series,Loki, which debuts on June 9 has been through the roof.\"\nRemember that Disney has gained more than 100 million subs without tapping the deep pipeline of content from Star Wars and Marvel that management unveiled at its December investor day presentation. As the company adds more content from these powerhouse franchises, subscriber numbers should add up.\n3. Disney+ has yet to benefit from recent price increases\nDisney's average revenue per user (ARPU) fell 29% to $3.99 during the quarter. That is certainly a stark contrast compared to Netflix's 6% year-over-year increase in the last quarter. But there's more to the story here.\nThe decline in ARPU was due to the launch of Disney+ Hotstar in India, which produces a lower revenue per user than Disney+ in other markets. Excluding Hotstar, Disney+ ARPU would have been virtually unchanged at $5.61.\n\"As we move through the remainder of the year, we should start to see the benefit on Disney+ ARPU from price increases we've taken around the world,\" McCarthy said.\n4. Per capita spending is up at theme parks\nOf course, theme parks are still an important piece of Disney's business, generating $26 billion in revenue in fiscal 2019. Revenue from Disney parks, experiences, and products dropped 44% year over year in the quarter. But that's an improvement from the previous quarter's 53% decline.\nManagement offered more good news on the earnings call. \"At Walt Disney World, attendance trends continued to steadily improve throughout the second quarter, and guest spending per capita again grew by double digits versus the prior year,\" McCarthy said.\nDisneyland Resort opened on April 30, and management is \"very encouraged\" by the guest response so far.\nIt's tough to say where the stock will go in the near term, but Disney's franchises are some of the most valuable in the entertainment industry. I think it's a safe bet that once Disney unloads more content from its top brands on Disney+, and the rest of the business fully recovers from the pandemic, the stock price will likely trade higher than it does now. So, yes, I view the sell-off as a good buying opportunity.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":2625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196697814,"gmtCreate":1621046797838,"gmtModify":1704352402988,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"With gaming industry blooming, this stock is well undervalue.&nbsp;","listText":"With gaming industry blooming, this stock is well undervalue.&nbsp;","text":"With gaming industry blooming, this stock is well undervalue.","images":[{"img":"https://static.tigerbbs.com/7988e1d97b5b061c3437a719ed12137f","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196697814","isVote":1,"tweetType":1,"viewCount":3217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":191375244,"gmtCreate":1620861313488,"gmtModify":1704349352118,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Bitcoin is a disaster","listText":"Bitcoin is a disaster","text":"Bitcoin is a disaster","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191375244","repostId":"1186510575","repostType":4,"repost":{"id":"1186510575","kind":"news","pubTimestamp":1620834242,"share":"https://ttm.financial/m/news/1186510575?lang=en_US&edition=fundamental","pubTime":"2021-05-12 23:44","market":"us","language":"en","title":"Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1186510575","media":"zerohedge","summary":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in","content":"<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.</p>\n<p><img src=\"https://static.tigerbbs.com/63594f1f7c8dd7f4857fc989fa947180\" tg-width=\"1074\" tg-height=\"633\"></p>\n<p>Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.</p>\n<p>Pershing started building its position in Dominoes at $330/share.</p>\n<p><img src=\"https://static.tigerbbs.com/b895ad36f893b0976b1cfac9c18d101a\" tg-width=\"500\" tg-height=\"333\"></p>\n<p>As CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.</p>\n<p><img src=\"https://static.tigerbbs.com/f32345dd4b763e29d83b9e01f1574ebe\" tg-width=\"526\" tg-height=\"358\"></p>\n<p>Ackman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -&nbsp; since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.</p>\n<p>Whatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.</p>\n<p>Asked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.</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>Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin</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\">\nBill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-...</p>\n\n<a href=\"https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt\">Source 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.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186510575","content_text":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.\n\nSpeaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.\nPershing started building its position in Dominoes at $330/share.\n\nAs CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.\n\nAckman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -  since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.\nWhatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.\nAsked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190232535,"gmtCreate":1620622260327,"gmtModify":1704345708746,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Will this become the new trend for ppl to buy n sell car in near future? ?&nbsp;","listText":"Will this become the new trend for ppl to buy n sell car in near future? ?&nbsp;","text":"Will this become the new trend for ppl to buy n sell car in near future? ?","images":[{"img":"https://static.tigerbbs.com/8a417be56a9526223beb183ef51fccf5","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190232535","isVote":1,"tweetType":1,"viewCount":2147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":190236614,"gmtCreate":1620622189238,"gmtModify":1704345706808,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"The government should slap them harder ???","listText":"The government should slap them harder ???","text":"The government should slap them harder ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190236614","repostId":"2134682410","repostType":4,"isVote":1,"tweetType":1,"viewCount":912,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107278579,"gmtCreate":1620518311791,"gmtModify":1704344451038,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Big discount on the share price!!! ?&nbsp;","listText":"Big discount on the share price!!! ?&nbsp;","text":"Big discount on the share price!!! ?","images":[{"img":"https://static.tigerbbs.com/fa0d1e21c0524dd07a1ad76ee170112e","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107278579","isVote":1,"tweetType":1,"viewCount":984,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":104045463,"gmtCreate":1620347367252,"gmtModify":1704342260689,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Without bitcoin, wonder how their revenue will be ?","listText":"Without bitcoin, wonder how their revenue will be ?","text":"Without bitcoin, wonder how their revenue will be ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104045463","repostId":"1123939866","repostType":4,"repost":{"id":"1123939866","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620342830,"share":"https://ttm.financial/m/news/1123939866?lang=en_US&edition=fundamental","pubTime":"2021-05-07 07:13","market":"us","language":"en","title":"Square gets a bitcoin boost with revenue up 266%","url":"https://stock-news.laohu8.com/highlight/detail?id=1123939866","media":"Tiger Newspress","summary":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal f","content":"<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p>Here's how the company did:</p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><p><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</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>Square gets a bitcoin boost with revenue up 266%</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\">\nSquare gets a bitcoin boost with revenue up 266%\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\">2021-05-07 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p>Here's how the company did:</p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><p><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123939866","content_text":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal first-quarter earnings that blew past Wall Street's expectations.Here's how the company did:Earnings per share:41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analystsRevenue:$5.06 billion vs. $3.36 billion expected by RefinitivFirst-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.","news_type":1,"symbols_score_info":{"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102708709,"gmtCreate":1620248733401,"gmtModify":1704340653817,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Will it be a good buy for now? ?&nbsp;","listText":"Will it be a good buy for now? ?&nbsp;","text":"Will it be a good buy for now? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/102708709","repostId":"2133255365","repostType":4,"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574399983193226","authorId":"3574399983193226","name":"MFME","avatar":"https://static.tigerbbs.com/9c7d2325aa9eb91869c4c7144270a75a","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3574399983193226","idStr":"3574399983193226"},"content":"well not all ark bought flew... so dyodd","text":"well not all ark bought flew... so dyodd","html":"well not all ark bought flew... so dyodd"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102928068,"gmtCreate":1620174227954,"gmtModify":1704339651073,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>&nbsp;oh no..&nbsp;&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>&nbsp;oh no..&nbsp;&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$ oh no..","images":[{"img":"https://static.tigerbbs.com/02f85548f61b592ab393b8025b9e0f7a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102928068","isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108327326,"gmtCreate":1620001572365,"gmtModify":1704337098519,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ACWI\">$iShares MSCI ACWI ETF(ACWI)$</a>&nbsp;I am feeling good rite now","listText":"<a href=\"https://laohu8.com/S/ACWI\">$iShares MSCI ACWI ETF(ACWI)$</a>&nbsp;I am feeling good rite now","text":"$iShares MSCI ACWI ETF(ACWI)$ I am feeling good rite now","images":[{"img":"https://static.tigerbbs.com/44078430dc69158538cc390329e1d4d6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108327326","isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108324980,"gmtCreate":1620001519940,"gmtModify":1704337098021,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"It just getting better and better from them. They are like living in their own world without need to bother what others will come and disturb them","listText":"It just getting better and better from them. They are like living in their own world without need to bother what others will come and disturb them","text":"It just getting better and better from them. They are like living in their own world without need to bother what others will come and disturb them","images":[{"img":"https://static.tigerbbs.com/6823f0e87aed965c13420c4cbfc10936","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108324980","isVote":1,"tweetType":1,"viewCount":987,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":101253322,"gmtCreate":1619918291566,"gmtModify":1704336293215,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Time to invest? ?&nbsp;","listText":"Time to invest? ?&nbsp;","text":"Time to invest? ?","images":[{"img":"https://static.tigerbbs.com/2df5c594e7f6a8e211e6963f897c610a","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101253322","isVote":1,"tweetType":1,"viewCount":1205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":101259061,"gmtCreate":1619918201453,"gmtModify":1704336290447,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Impatient investor should look away, if they don't agree with buffett's way, they should just walk away","listText":"Impatient investor should look away, if they don't agree with buffett's way, they should just walk away","text":"Impatient investor should look away, if they don't agree with buffett's way, they should just walk away","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101259061","repostId":"1105099718","repostType":4,"repost":{"id":"1105099718","kind":"news","pubTimestamp":1619897946,"share":"https://ttm.financial/m/news/1105099718?lang=en_US&edition=fundamental","pubTime":"2021-05-02 03:39","market":"us","language":"en","title":"Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=1105099718","media":"WSJ","summary":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate. Professional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B-0.95%. California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive. While many of the complaints aren’t new and none of the shareholder proposals are","content":"<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate</p><p>Professional money managers are turning up the heat on Warren Buffett’s<u>Berkshire Hathaway</u>&nbsp;Inc.BRK.B -0.95%</p><p>California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive<img src=\"https://static.tigerbbs.com/1dd969e4b237144cd02112f41464d169\" tg-width=\"824\" tg-height=\"1396\" referrerpolicy=\"no-referrer\"></p><p>Leading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis &amp; Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.</p><p>While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.</p><p>The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging as<u>a key selling point for money managers in their efforts to keep client money</u>.</p><p>Under Mr. Buffett’s leadership,<u>the firm boasts 20% compounded annualized gains from 1965 to 2020</u>, outperforming the S&amp;P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.</p><p>“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.</p><p></p><p>Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built up<u>a diverse portfolio of mostly U.S. businesses and investments meant to perform over decades</u>, not to compete with a volatile market buoyed by booming tech stocks.</p><p>Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.</p><p>The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.</p><p>“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.</p><p>Berkshire declined to comment ahead of the company’s Saturday meeting.</p><p>Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.</p><p>“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”</p><p></p><p>Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage&nbsp;climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already produces<u>a sustainability report</u>.</p><p>Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.</p><p>Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”</p><p>“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.</p><p>Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.</p><p>“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.</p><p>Another factor is at play: Berkshire shares are slowly changing hands.</p><p>Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.</p><p>About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.</p><p>“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”</p><p>The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters.&nbsp;When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.</p><p>“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.</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>Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline</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\">\nWarren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-02 03:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway ...</p>\n\n<a href=\"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/daaa666333c3b9bf0b940ffed4c1c369","relate_stocks":{"BRK.B":"伯克希尔B"},"source_url":"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105099718","content_text":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B -0.95%California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executiveLeading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis & Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging asa key selling point for money managers in their efforts to keep client money.Under Mr. Buffett’s leadership,the firm boasts 20% compounded annualized gains from 1965 to 2020, outperforming the S&P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built upa diverse portfolio of mostly U.S. businesses and investments meant to perform over decades, not to compete with a volatile market buoyed by booming tech stocks.Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.Berkshire declined to comment ahead of the company’s Saturday meeting.Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already producesa sustainability report.Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.Another factor is at play: Berkshire shares are slowly changing hands.Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters. When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.","news_type":1,"symbols_score_info":{"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101961827,"gmtCreate":1619837637769,"gmtModify":1704335582320,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ACWI\">$iShares MSCI ACWI ETF(ACWI)$</a>&nbsp;just let it be for 5 years","listText":"<a href=\"https://laohu8.com/S/ACWI\">$iShares MSCI ACWI ETF(ACWI)$</a>&nbsp;just let it be for 5 years","text":"$iShares MSCI ACWI ETF(ACWI)$ just let it be for 5 years","images":[{"img":"https://static.tigerbbs.com/44078430dc69158538cc390329e1d4d6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101961827","isVote":1,"tweetType":1,"viewCount":1232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":100036331,"gmtCreate":1619568853623,"gmtModify":1704726003211,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"They got dominant market, for long run it still a good company to invest","listText":"They got dominant market, for long run it still a good company to invest","text":"They got dominant market, for long run it still a good company to invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/100036331","repostId":"1157918353","repostType":4,"repost":{"id":"1157918353","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619566409,"share":"https://ttm.financial/m/news/1157918353?lang=en_US&edition=fundamental","pubTime":"2021-04-28 07:33","market":"us","language":"en","title":"Microsoft sales grow on cloud strength, shares dip on heightened valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1157918353","media":"Tiger Newspress","summary":"Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.Windows revenue growth from device makers was higher than the company had predicted.Azure cloud revenue growth was flat from the prior quarter.Microsoft shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as c","content":"<p><b>KEY POINTS</b></p>\n<ul>\n <li>Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.</li>\n <li>Windows revenue growth from device makers was higher than the company had predicted.</li>\n <li>Azure cloud revenue growth was flat from the prior quarter.</li>\n</ul>\n<p>Microsoft&nbsp;shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.</p>\n<p><img src=\"https://static.tigerbbs.com/37e56904b785cd612b360cb4662adcab\" tg-width=\"1302\" tg-height=\"833\"></p>\n<p>Here’s how the company did:</p>\n<ul>\n <li><b>Earnings:</b>$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.</li>\n <li><b>Revenue:</b>$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.</li>\n</ul>\n<p>The software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a&nbsp;statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to&nbsp;gains in PC sales&nbsp;resulting from coronavirus-driven shortages last year.</p>\n<p>The company said its Azure public cloud, which competes with market leader&nbsp;Amazon&nbsp;Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In&nbsp;the prior quarter&nbsp;Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.</p>\n<p>With respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.</p>\n<p><img src=\"https://static.tigerbbs.com/04deaac8d015743ca14f06c8b77bd26e\" tg-width=\"1910\" tg-height=\"1549\"></p>\n<p>Microsoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.</p>\n<p>The Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from&nbsp;115 million&nbsp;in October, Microsoft CEO Satya Nadella said on the call.</p>\n<p>The company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner&nbsp;estimated&nbsp;earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.</p>\n<p>That benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.</p>\n<p>The outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.</p>\n<p>The PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.</p>\n<p>At the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.</p>\n<p>The operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.</p>\n<p>Microsoft&nbsp;said&nbsp;in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also&nbsp;issued patches&nbsp;to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also&nbsp;closed&nbsp;the $8.1 billion acquisition of video game maker ZeniMax Media.</p>\n<p>Notwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&amp;P 500 over the same time period.</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>Microsoft sales grow on cloud strength, shares dip on heightened valuation</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\">\nMicrosoft sales grow on cloud strength, shares dip on heightened valuation\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\">2021-04-28 07:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p>\n<ul>\n <li>Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.</li>\n <li>Windows revenue growth from device makers was higher than the company had predicted.</li>\n <li>Azure cloud revenue growth was flat from the prior quarter.</li>\n</ul>\n<p>Microsoft&nbsp;shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.</p>\n<p><img src=\"https://static.tigerbbs.com/37e56904b785cd612b360cb4662adcab\" tg-width=\"1302\" tg-height=\"833\"></p>\n<p>Here’s how the company did:</p>\n<ul>\n <li><b>Earnings:</b>$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.</li>\n <li><b>Revenue:</b>$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.</li>\n</ul>\n<p>The software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a&nbsp;statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to&nbsp;gains in PC sales&nbsp;resulting from coronavirus-driven shortages last year.</p>\n<p>The company said its Azure public cloud, which competes with market leader&nbsp;Amazon&nbsp;Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In&nbsp;the prior quarter&nbsp;Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.</p>\n<p>With respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.</p>\n<p><img src=\"https://static.tigerbbs.com/04deaac8d015743ca14f06c8b77bd26e\" tg-width=\"1910\" tg-height=\"1549\"></p>\n<p>Microsoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.</p>\n<p>The Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from&nbsp;115 million&nbsp;in October, Microsoft CEO Satya Nadella said on the call.</p>\n<p>The company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner&nbsp;estimated&nbsp;earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.</p>\n<p>That benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.</p>\n<p>The outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.</p>\n<p>The PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.</p>\n<p>At the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.</p>\n<p>The operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.</p>\n<p>Microsoft&nbsp;said&nbsp;in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also&nbsp;issued patches&nbsp;to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also&nbsp;closed&nbsp;the $8.1 billion acquisition of video game maker ZeniMax Media.</p>\n<p>Notwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&amp;P 500 over the same time period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157918353","content_text":"KEY POINTS\n\nMicrosoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.\nWindows revenue growth from device makers was higher than the company had predicted.\nAzure cloud revenue growth was flat from the prior quarter.\n\nMicrosoft shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.\n\nHere’s how the company did:\n\nEarnings:$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.\nRevenue:$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.\n\nThe software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to gains in PC sales resulting from coronavirus-driven shortages last year.\nThe company said its Azure public cloud, which competes with market leader Amazon Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In the prior quarter Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.\nWith respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.\n\nMicrosoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.\nThe Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from 115 million in October, Microsoft CEO Satya Nadella said on the call.\nThe company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner estimated earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.\nThat benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.\nThe outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.\nThe PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.\nAt the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.\nThe operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.\nMicrosoft said in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also issued patches to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also closed the $8.1 billion acquisition of video game maker ZeniMax Media.\nNotwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&P 500 over the same time period.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1045,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570439473038184","authorId":"3570439473038184","name":"Qarah","avatar":"https://static.tigerbbs.com/48285a44928a897dd5f255c626d5e9e1","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3570439473038184","idStr":"3570439473038184"},"content":"What will be a good entry price ?","text":"What will be a good entry price ?","html":"What will be a good entry price ?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374436198,"gmtCreate":1619475755314,"gmtModify":1704724356071,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"What will happen to their business if the pandemic keep on dragging? ?&nbsp;","listText":"What will happen to their business if the pandemic keep on dragging? ?&nbsp;","text":"What will happen to their business if the pandemic keep on dragging? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/374436198","repostId":"1194765641","repostType":4,"isVote":1,"tweetType":1,"viewCount":799,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"content":"Well, with the delivery market booming, it just how they gonna make themselves fit into this new trend","text":"Well, with the delivery market booming, it just how they gonna make themselves fit into this new trend","html":"Well, with the delivery market booming, it just how they gonna make themselves fit into this new trend"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159187931,"gmtCreate":1624948750223,"gmtModify":1703848635679,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"With short of supplies, is hard that the price can remain as what it is now. It is normal that the price increase due to demand more than supplies","listText":"With short of supplies, is hard that the price can remain as what it is now. It is normal that the price increase due to demand more than supplies","text":"With short of supplies, is hard that the price can remain as what it is now. It is normal that the price increase due to demand more than supplies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/159187931","repostId":"2147345588","repostType":4,"repost":{"id":"2147345588","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624948320,"share":"https://ttm.financial/m/news/2147345588?lang=en_US&edition=fundamental","pubTime":"2021-06-29 14:32","market":"us","language":"en","title":"Micron earnings: Investors need assurance that memory chip prices aren't peaking","url":"https://stock-news.laohu8.com/highlight/detail?id=2147345588","media":"Dow Jones","summary":"2018's chip boom turned chip glut may still be fresh in the memories of many investors\nMicron Techno","content":"<p>2018's chip boom turned chip glut may still be fresh in the memories of many investors</p>\n<p>Micron Technology Inc.'s earnings and outlook later this week should shed some light on whether investors' fears that memory chip prices are peaking are overblown.</p>\n<p>Micron <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is scheduled to report fiscal third-quarter results on Wednesday after the bell.</p>\n<p>Shares of the Boise, Idaho-based chip maker have hobbled since they hit a record high in April followed by the company forecasting higher-than-expected quarterly revenue for the quarter. Over the past three months, Micron shares have fallen 6%, while the PHLX Semiconductor Index has grown nearly 7%.</p>\n<p>Micron specializes in DRAM and NAND memory chips. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in smaller devices like smartphones and USB drives.</p>\n<p>JPMorgan analyst Harlan Sur, who has an overweight rating and a $140 price target, said he believes \"some investors' fears on pricing rolling over in C4Q21 to beoverblown (we expect a mid-single-digit price increase in Micron's Nov-Q).\"</p>\n<p>Sur said he expects May-ending quarter results \"to be strong amid a better pricing environment and we expect strong sequential revenue growth in the August quarter even in a flat DRAM bit shipment environment.\"</p>\n<p>Investors likely have not forgotten 2018, when DRAM and NAND prices were skyrocketing only for them to crash after customers double- and triple-bought chips to lock in lower prices, leaving chip makers with massive inventories.</p>\n<p>Analysts on average expect DRAM sales of $5.21 billion, up from $3.59 billion in the year-ago period, and NAND sales of $1.86 billion, up from last year's $1.67 billion, according to FactSet.</p>\n<p>Read: The semiconductor shortage is here to stay, but it will affect chip companies differently</p>\n<p>What to expect</p>\n<p>Earnings: Of the 27 analysts surveyed by FactSet, Micron on average is expected to post adjusted earnings of $1.71 a share, up from the $1.32 a share expected at the beginning of the quarter, and the 82 cents a share reported in the year-ago quarter. Micron forecast $1.55 to $1.69 a share. Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of $1.78 a share.</p>\n<p>Revenue: Wall Street expects revenue of $7.23 billion from Micron, according to 26 analysts polled by FactSet. That's up from the $6.48 billion forecast at the beginning of the quarter, and the $5.44 billion reported in the year-ago quarter. In late May, Micron said that it expected revenue to come in \"at or above\" $7.3 billion, the high end of the guidance it provided at the end of March . Estimize expects revenue of $7.33 billion.</p>\n<p>Stock movement: Over Micron's fiscal third quarter, the stock slipped 0.2%, compared with a 12% increase on the PHLX Semiconductor Index over the same period, a 12% rise by the S&amp;P 500 index and a 8% gain by the Nasdaq Composite Index . During Micron's third quarter, shares closed at $95.59 on April 12, just short of their all-time closing high of $96.56, set on July 14, 2000.</p>\n<p>What analysts are saying</p>\n<p>Evercore ISI analyst C.J. Muse, who has an outperform rating and a $135 price target, said he expects DRAM supply to be lean going into 2022 with NAND improving into the second half of 2021.</p>\n<p>\"Put another way -- we think its way too early to call a memory peak,\" Muse said.</p>\n<p>Cowen analyst Karl Ackerman, who has an outperform rating and a $105 price target, said that positive sentiment in the memory chip space has flipped as Android smartphone production checks have been mixed, laptop PC growth seems to have moderated, and data centers have built up more inventory.</p>\n<p>\"Sentiment across memory has turned from optimism -- perhaps euphoria at times -- to disenchantment on concerns that pockets of end demand moderation may end the current bull cycle,\" Ackerman said.</p>\n<p>Still, he expects Micron to beat in the August quarter while it should provide in-line results on Wednesday. Plus, he notes the company's stock has underperformed since April, and that even though inventories appear built up they are for the most part lean.</p>\n<p>Citi Research analyst Christopher Danley, who has a buy rating and a $135 target price, also sees \"pushouts\" from the PC and smartphone supply chains that account for about half of Micron's revenue.</p>\n<p>\"We expect this to result in flat DRAM prices during 4Q21 but DRAM pricing to increase in C22 due to low supply growth,\" Danley said. \"As a result, we expect less upside to MU estimates during 4Q21 then for growth to resume in 2022.\"</p>\n<p>Of the 31 analysts who cover Micron, 25 have buy or overweight ratings and six have hold ratings, with an average price target of $120.14, according to FactSet data.</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>Micron earnings: Investors need assurance that memory chip prices aren't peaking</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\">\nMicron earnings: Investors need assurance that memory chip prices aren't peaking\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-29 14:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>2018's chip boom turned chip glut may still be fresh in the memories of many investors</p>\n<p>Micron Technology Inc.'s earnings and outlook later this week should shed some light on whether investors' fears that memory chip prices are peaking are overblown.</p>\n<p>Micron <a href=\"https://laohu8.com/S/MU\">$(MU)$</a> is scheduled to report fiscal third-quarter results on Wednesday after the bell.</p>\n<p>Shares of the Boise, Idaho-based chip maker have hobbled since they hit a record high in April followed by the company forecasting higher-than-expected quarterly revenue for the quarter. Over the past three months, Micron shares have fallen 6%, while the PHLX Semiconductor Index has grown nearly 7%.</p>\n<p>Micron specializes in DRAM and NAND memory chips. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in smaller devices like smartphones and USB drives.</p>\n<p>JPMorgan analyst Harlan Sur, who has an overweight rating and a $140 price target, said he believes \"some investors' fears on pricing rolling over in C4Q21 to beoverblown (we expect a mid-single-digit price increase in Micron's Nov-Q).\"</p>\n<p>Sur said he expects May-ending quarter results \"to be strong amid a better pricing environment and we expect strong sequential revenue growth in the August quarter even in a flat DRAM bit shipment environment.\"</p>\n<p>Investors likely have not forgotten 2018, when DRAM and NAND prices were skyrocketing only for them to crash after customers double- and triple-bought chips to lock in lower prices, leaving chip makers with massive inventories.</p>\n<p>Analysts on average expect DRAM sales of $5.21 billion, up from $3.59 billion in the year-ago period, and NAND sales of $1.86 billion, up from last year's $1.67 billion, according to FactSet.</p>\n<p>Read: The semiconductor shortage is here to stay, but it will affect chip companies differently</p>\n<p>What to expect</p>\n<p>Earnings: Of the 27 analysts surveyed by FactSet, Micron on average is expected to post adjusted earnings of $1.71 a share, up from the $1.32 a share expected at the beginning of the quarter, and the 82 cents a share reported in the year-ago quarter. Micron forecast $1.55 to $1.69 a share. Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of $1.78 a share.</p>\n<p>Revenue: Wall Street expects revenue of $7.23 billion from Micron, according to 26 analysts polled by FactSet. That's up from the $6.48 billion forecast at the beginning of the quarter, and the $5.44 billion reported in the year-ago quarter. In late May, Micron said that it expected revenue to come in \"at or above\" $7.3 billion, the high end of the guidance it provided at the end of March . Estimize expects revenue of $7.33 billion.</p>\n<p>Stock movement: Over Micron's fiscal third quarter, the stock slipped 0.2%, compared with a 12% increase on the PHLX Semiconductor Index over the same period, a 12% rise by the S&amp;P 500 index and a 8% gain by the Nasdaq Composite Index . During Micron's third quarter, shares closed at $95.59 on April 12, just short of their all-time closing high of $96.56, set on July 14, 2000.</p>\n<p>What analysts are saying</p>\n<p>Evercore ISI analyst C.J. Muse, who has an outperform rating and a $135 price target, said he expects DRAM supply to be lean going into 2022 with NAND improving into the second half of 2021.</p>\n<p>\"Put another way -- we think its way too early to call a memory peak,\" Muse said.</p>\n<p>Cowen analyst Karl Ackerman, who has an outperform rating and a $105 price target, said that positive sentiment in the memory chip space has flipped as Android smartphone production checks have been mixed, laptop PC growth seems to have moderated, and data centers have built up more inventory.</p>\n<p>\"Sentiment across memory has turned from optimism -- perhaps euphoria at times -- to disenchantment on concerns that pockets of end demand moderation may end the current bull cycle,\" Ackerman said.</p>\n<p>Still, he expects Micron to beat in the August quarter while it should provide in-line results on Wednesday. Plus, he notes the company's stock has underperformed since April, and that even though inventories appear built up they are for the most part lean.</p>\n<p>Citi Research analyst Christopher Danley, who has a buy rating and a $135 target price, also sees \"pushouts\" from the PC and smartphone supply chains that account for about half of Micron's revenue.</p>\n<p>\"We expect this to result in flat DRAM prices during 4Q21 but DRAM pricing to increase in C22 due to low supply growth,\" Danley said. \"As a result, we expect less upside to MU estimates during 4Q21 then for growth to resume in 2022.\"</p>\n<p>Of the 31 analysts who cover Micron, 25 have buy or overweight ratings and six have hold ratings, with an average price target of $120.14, according to FactSet data.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147345588","content_text":"2018's chip boom turned chip glut may still be fresh in the memories of many investors\nMicron Technology Inc.'s earnings and outlook later this week should shed some light on whether investors' fears that memory chip prices are peaking are overblown.\nMicron $(MU)$ is scheduled to report fiscal third-quarter results on Wednesday after the bell.\nShares of the Boise, Idaho-based chip maker have hobbled since they hit a record high in April followed by the company forecasting higher-than-expected quarterly revenue for the quarter. Over the past three months, Micron shares have fallen 6%, while the PHLX Semiconductor Index has grown nearly 7%.\nMicron specializes in DRAM and NAND memory chips. DRAM, or dynamic random access memory, is the type of memory commonly used in PCs and servers, while NAND chips are the flash memory chips used in smaller devices like smartphones and USB drives.\nJPMorgan analyst Harlan Sur, who has an overweight rating and a $140 price target, said he believes \"some investors' fears on pricing rolling over in C4Q21 to beoverblown (we expect a mid-single-digit price increase in Micron's Nov-Q).\"\nSur said he expects May-ending quarter results \"to be strong amid a better pricing environment and we expect strong sequential revenue growth in the August quarter even in a flat DRAM bit shipment environment.\"\nInvestors likely have not forgotten 2018, when DRAM and NAND prices were skyrocketing only for them to crash after customers double- and triple-bought chips to lock in lower prices, leaving chip makers with massive inventories.\nAnalysts on average expect DRAM sales of $5.21 billion, up from $3.59 billion in the year-ago period, and NAND sales of $1.86 billion, up from last year's $1.67 billion, according to FactSet.\nRead: The semiconductor shortage is here to stay, but it will affect chip companies differently\nWhat to expect\nEarnings: Of the 27 analysts surveyed by FactSet, Micron on average is expected to post adjusted earnings of $1.71 a share, up from the $1.32 a share expected at the beginning of the quarter, and the 82 cents a share reported in the year-ago quarter. Micron forecast $1.55 to $1.69 a share. Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of $1.78 a share.\nRevenue: Wall Street expects revenue of $7.23 billion from Micron, according to 26 analysts polled by FactSet. That's up from the $6.48 billion forecast at the beginning of the quarter, and the $5.44 billion reported in the year-ago quarter. In late May, Micron said that it expected revenue to come in \"at or above\" $7.3 billion, the high end of the guidance it provided at the end of March . Estimize expects revenue of $7.33 billion.\nStock movement: Over Micron's fiscal third quarter, the stock slipped 0.2%, compared with a 12% increase on the PHLX Semiconductor Index over the same period, a 12% rise by the S&P 500 index and a 8% gain by the Nasdaq Composite Index . During Micron's third quarter, shares closed at $95.59 on April 12, just short of their all-time closing high of $96.56, set on July 14, 2000.\nWhat analysts are saying\nEvercore ISI analyst C.J. Muse, who has an outperform rating and a $135 price target, said he expects DRAM supply to be lean going into 2022 with NAND improving into the second half of 2021.\n\"Put another way -- we think its way too early to call a memory peak,\" Muse said.\nCowen analyst Karl Ackerman, who has an outperform rating and a $105 price target, said that positive sentiment in the memory chip space has flipped as Android smartphone production checks have been mixed, laptop PC growth seems to have moderated, and data centers have built up more inventory.\n\"Sentiment across memory has turned from optimism -- perhaps euphoria at times -- to disenchantment on concerns that pockets of end demand moderation may end the current bull cycle,\" Ackerman said.\nStill, he expects Micron to beat in the August quarter while it should provide in-line results on Wednesday. Plus, he notes the company's stock has underperformed since April, and that even though inventories appear built up they are for the most part lean.\nCiti Research analyst Christopher Danley, who has a buy rating and a $135 target price, also sees \"pushouts\" from the PC and smartphone supply chains that account for about half of Micron's revenue.\n\"We expect this to result in flat DRAM prices during 4Q21 but DRAM pricing to increase in C22 due to low supply growth,\" Danley said. \"As a result, we expect less upside to MU estimates during 4Q21 then for growth to resume in 2022.\"\nOf the 31 analysts who cover Micron, 25 have buy or overweight ratings and six have hold ratings, with an average price target of $120.14, according to FactSet data.","news_type":1,"symbols_score_info":{"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":3152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342646604,"gmtCreate":1618215175508,"gmtModify":1704707600587,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Alibaba is too big to fail, it's just business as usual for them ?","listText":"Alibaba is too big to fail, it's just business as usual for them ?","text":"Alibaba is too big to fail, it's just business as usual for them ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/342646604","repostId":"1167954934","repostType":4,"isVote":1,"tweetType":1,"viewCount":1090,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573095923901062","authorId":"3573095923901062","name":"nicsohsayso","avatar":"https://static.tigerbbs.com/40b4ad912e56ecdf8837a40c5ba5d2da","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3573095923901062","idStr":"3573095923901062"},"content":"ya steady","text":"ya steady","html":"ya steady"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375405431,"gmtCreate":1619387196923,"gmtModify":1704722949004,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"There are too much so-called online education centre around, is time to get rid them","listText":"There are too much so-called online education centre around, is time to get rid them","text":"There are too much so-called online education centre around, is time to get rid them","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/375405431","repostId":"2130360345","repostType":4,"isVote":1,"tweetType":1,"viewCount":434,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560894228634455","authorId":"3560894228634455","name":"AzuNyaa","avatar":"https://static.tigerbbs.com/e65996a02c73a885a74a5e91062fa07e","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3560894228634455","idStr":"3560894228634455"},"content":"unwise to not invest in education for the younger generations. just look at USA, most of their talent pool is coming from outside and not from within.","text":"unwise to not invest in education for the younger generations. just look at USA, most of their talent pool is coming from outside and not from within.","html":"unwise to not invest in education for the younger generations. just look at USA, most of their talent pool is coming from outside and not from within."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344721309,"gmtCreate":1618444824501,"gmtModify":1704710872314,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"This will be a real deal ??","listText":"This will be a real deal ??","text":"This will be a real deal ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/344721309","repostId":"2127802988","repostType":4,"repost":{"id":"2127802988","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618439652,"share":"https://ttm.financial/m/news/2127802988?lang=en_US&edition=fundamental","pubTime":"2021-04-15 06:34","market":"sg","language":"en","title":"From Harvard to Nasdaq listing: Grab CEO's ride to world's biggest SPAC deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2127802988","media":"Reuters","summary":"The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has al","content":"<p>The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win -- from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies.</p>\n<p>On Tuesday, Anthony Tan set another record when Grab Holdings agreed to list on Nasdaq through a $39.6 billion merger deal with a blank-check company, Altimeter Growth Corp.</p>\n<p>The transaction will be the world’s largest merger involving a so-called special purpose acquisition company (SPAC). The accompanying $4 billion fundraising from global investors is also set to be the biggest ever U.S. equity offering by a Southeast Asian company.</p>\n<p>“Anthony focuses on what to do, and executes it well,” said Chua Kee Lock, chief executive officer of Singapore-based venture capital firm Vertex, an early investor in Grab.</p>\n<p>The deals validate the 39-year-old co-founder’s strategy to go hyper local and expand further in a region whose digital economy is estimated to triple to $309 billion by 2025.</p>\n<p>“This might be a precedent set not necessarily just from the point of view of start-ups themselves but from global investors starting to have their eyes open to the Southeast Asian opportunity,” said Usman Akhtar, who leads Bain &amp; Co.’s Southeast Asia private equity practice.</p>\n<p>Tan and co-founder Tan Hooi Ling, who are unrelated, created Grab from a Harvard Business School venture competition plan in 2011. They launched a taxi app in Malaysia in June 2012 and then took it regional.</p>\n<p>And while the charismatic Tan is the scion of one of Malaysia’s wealthiest families, he decided to strike it out as an entrepreneur.</p>\n<p>“He is a very determined character and does not give up easily,” said Chua.</p>\n<p>That resolve came in handy in Grab’s costly five-year battle with Uber, when Tan told employees that when “a local champion stays true to their beliefs and strengths, they can prevail.”</p>\n<p>Uber exited the region in 2018 by selling its business to Grab and in return took a stake in the company.</p>\n<p>The deal also laid the foundation for Grab’s food delivery business, which has become its largest segment as stay-at-home customers ordered food and groceries online last year.</p>\n<p>But the COVID-19 pandemic also plunged Grab into its biggest crisis after demand for ride-hailing services tanked, forcing it to lay off about 5% of its staff.</p>\n<p>Tan sought advice from his investors, including Microsoft’s Satya Nadella. Softbank CEO Masayoshi Son, whom Tan calls his personal mentor, also helped in Grab’s decision to pivot into deliveries and expand its payments business.</p>\n<p>“Anthony always had in mind a significant business that could include services beyond ride-hailing,” said Frank Cespedes, a senior lecturer at Harvard Business School, who supervised the Tans’ team in the business plan competition.</p>\n<p>Those who have worked with Tan say he is passionate about Grab and has tremendous energy. Last year, when people mostly worked from home in Singapore, Tan often spent 15 hours a day at his standing desk, sometimes exercising with dumbbells.</p>\n<p>He often jokes that he and his wife need to stay active to manage their three toddlers. They are expecting another child.</p>\n<p><b>SUPERMAN AND IRON MAN</b></p>\n<p>While Grab is still loss-making like many early-stage high-growth tech companies, Tan said the firm, which has more than 7,000 employees, started thinking about a listing nearly a year ago.</p>\n<p>Only this year, it seriously considered going public via a merger with a SPAC after receiving many offers.</p>\n<p>Sources familiar with the matter said the IPO process was code named “Iron Man” while the SPAC route was dubbed “Superman.”</p>\n<p>“Superman is a good guy and he would go all out to serve society,” Tan told Reuters in an interview on Tuesday.</p>\n<p>Grab’s funding comes as rivals including Gojek and Sea are also bulking up.</p>\n<p>“Other founders, other entrepreneurs and the region will be able to attract even more capital, because now we’ve shown that investors can make money, can exit,” said Tan.</p>\n<p>Tech companies view the region of 650 million people as a big opportunity, but the markets’ diversity has tripped up some global firms.</p>\n<p>Much of Grab’s success has been due to Tan’s relentless drive to localise. It accepted cash when Uber only allowed card payments. Grab also moved early to offer motorcycle taxi rides in traffic-clogged countries of Vietnam and Indonesia.</p>\n<p>After shifting its headquarters to Singapore, Grab gained access to some of the world’s biggest investors and talent.</p>\n<p>“Grab’s sharp focus allows them to go very deep into the eco-system and be relevant across a person’s everyday life,” said Keith Magnus, Asia co-chairman at boutique investment bank Evercore, which was among Grab’s advisers on the SPAC deal.</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>From Harvard to Nasdaq listing: Grab CEO's ride to world's biggest SPAC deal</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\">\nFrom Harvard to Nasdaq listing: Grab CEO's ride to world's biggest SPAC deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-15 06:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win -- from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies.</p>\n<p>On Tuesday, Anthony Tan set another record when Grab Holdings agreed to list on Nasdaq through a $39.6 billion merger deal with a blank-check company, Altimeter Growth Corp.</p>\n<p>The transaction will be the world’s largest merger involving a so-called special purpose acquisition company (SPAC). The accompanying $4 billion fundraising from global investors is also set to be the biggest ever U.S. equity offering by a Southeast Asian company.</p>\n<p>“Anthony focuses on what to do, and executes it well,” said Chua Kee Lock, chief executive officer of Singapore-based venture capital firm Vertex, an early investor in Grab.</p>\n<p>The deals validate the 39-year-old co-founder’s strategy to go hyper local and expand further in a region whose digital economy is estimated to triple to $309 billion by 2025.</p>\n<p>“This might be a precedent set not necessarily just from the point of view of start-ups themselves but from global investors starting to have their eyes open to the Southeast Asian opportunity,” said Usman Akhtar, who leads Bain &amp; Co.’s Southeast Asia private equity practice.</p>\n<p>Tan and co-founder Tan Hooi Ling, who are unrelated, created Grab from a Harvard Business School venture competition plan in 2011. They launched a taxi app in Malaysia in June 2012 and then took it regional.</p>\n<p>And while the charismatic Tan is the scion of one of Malaysia’s wealthiest families, he decided to strike it out as an entrepreneur.</p>\n<p>“He is a very determined character and does not give up easily,” said Chua.</p>\n<p>That resolve came in handy in Grab’s costly five-year battle with Uber, when Tan told employees that when “a local champion stays true to their beliefs and strengths, they can prevail.”</p>\n<p>Uber exited the region in 2018 by selling its business to Grab and in return took a stake in the company.</p>\n<p>The deal also laid the foundation for Grab’s food delivery business, which has become its largest segment as stay-at-home customers ordered food and groceries online last year.</p>\n<p>But the COVID-19 pandemic also plunged Grab into its biggest crisis after demand for ride-hailing services tanked, forcing it to lay off about 5% of its staff.</p>\n<p>Tan sought advice from his investors, including Microsoft’s Satya Nadella. Softbank CEO Masayoshi Son, whom Tan calls his personal mentor, also helped in Grab’s decision to pivot into deliveries and expand its payments business.</p>\n<p>“Anthony always had in mind a significant business that could include services beyond ride-hailing,” said Frank Cespedes, a senior lecturer at Harvard Business School, who supervised the Tans’ team in the business plan competition.</p>\n<p>Those who have worked with Tan say he is passionate about Grab and has tremendous energy. Last year, when people mostly worked from home in Singapore, Tan often spent 15 hours a day at his standing desk, sometimes exercising with dumbbells.</p>\n<p>He often jokes that he and his wife need to stay active to manage their three toddlers. They are expecting another child.</p>\n<p><b>SUPERMAN AND IRON MAN</b></p>\n<p>While Grab is still loss-making like many early-stage high-growth tech companies, Tan said the firm, which has more than 7,000 employees, started thinking about a listing nearly a year ago.</p>\n<p>Only this year, it seriously considered going public via a merger with a SPAC after receiving many offers.</p>\n<p>Sources familiar with the matter said the IPO process was code named “Iron Man” while the SPAC route was dubbed “Superman.”</p>\n<p>“Superman is a good guy and he would go all out to serve society,” Tan told Reuters in an interview on Tuesday.</p>\n<p>Grab’s funding comes as rivals including Gojek and Sea are also bulking up.</p>\n<p>“Other founders, other entrepreneurs and the region will be able to attract even more capital, because now we’ve shown that investors can make money, can exit,” said Tan.</p>\n<p>Tech companies view the region of 650 million people as a big opportunity, but the markets’ diversity has tripped up some global firms.</p>\n<p>Much of Grab’s success has been due to Tan’s relentless drive to localise. It accepted cash when Uber only allowed card payments. Grab also moved early to offer motorcycle taxi rides in traffic-clogged countries of Vietnam and Indonesia.</p>\n<p>After shifting its headquarters to Singapore, Grab gained access to some of the world’s biggest investors and talent.</p>\n<p>“Grab’s sharp focus allows them to go very deep into the eco-system and be relevant across a person’s everyday life,” said Keith Magnus, Asia co-chairman at boutique investment bank Evercore, which was among Grab’s advisers on the SPAC deal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","SQQQ":"纳指三倍做空ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","SE":"Sea Ltd",".IXIC":"NASDAQ Composite","QID":"两倍做空纳斯达克指数ETF-ProShares","NDAQ":"纳斯达克OMX交易所"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127802988","content_text":"The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win -- from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies.\nOn Tuesday, Anthony Tan set another record when Grab Holdings agreed to list on Nasdaq through a $39.6 billion merger deal with a blank-check company, Altimeter Growth Corp.\nThe transaction will be the world’s largest merger involving a so-called special purpose acquisition company (SPAC). The accompanying $4 billion fundraising from global investors is also set to be the biggest ever U.S. equity offering by a Southeast Asian company.\n“Anthony focuses on what to do, and executes it well,” said Chua Kee Lock, chief executive officer of Singapore-based venture capital firm Vertex, an early investor in Grab.\nThe deals validate the 39-year-old co-founder’s strategy to go hyper local and expand further in a region whose digital economy is estimated to triple to $309 billion by 2025.\n“This might be a precedent set not necessarily just from the point of view of start-ups themselves but from global investors starting to have their eyes open to the Southeast Asian opportunity,” said Usman Akhtar, who leads Bain & Co.’s Southeast Asia private equity practice.\nTan and co-founder Tan Hooi Ling, who are unrelated, created Grab from a Harvard Business School venture competition plan in 2011. They launched a taxi app in Malaysia in June 2012 and then took it regional.\nAnd while the charismatic Tan is the scion of one of Malaysia’s wealthiest families, he decided to strike it out as an entrepreneur.\n“He is a very determined character and does not give up easily,” said Chua.\nThat resolve came in handy in Grab’s costly five-year battle with Uber, when Tan told employees that when “a local champion stays true to their beliefs and strengths, they can prevail.”\nUber exited the region in 2018 by selling its business to Grab and in return took a stake in the company.\nThe deal also laid the foundation for Grab’s food delivery business, which has become its largest segment as stay-at-home customers ordered food and groceries online last year.\nBut the COVID-19 pandemic also plunged Grab into its biggest crisis after demand for ride-hailing services tanked, forcing it to lay off about 5% of its staff.\nTan sought advice from his investors, including Microsoft’s Satya Nadella. Softbank CEO Masayoshi Son, whom Tan calls his personal mentor, also helped in Grab’s decision to pivot into deliveries and expand its payments business.\n“Anthony always had in mind a significant business that could include services beyond ride-hailing,” said Frank Cespedes, a senior lecturer at Harvard Business School, who supervised the Tans’ team in the business plan competition.\nThose who have worked with Tan say he is passionate about Grab and has tremendous energy. Last year, when people mostly worked from home in Singapore, Tan often spent 15 hours a day at his standing desk, sometimes exercising with dumbbells.\nHe often jokes that he and his wife need to stay active to manage their three toddlers. They are expecting another child.\nSUPERMAN AND IRON MAN\nWhile Grab is still loss-making like many early-stage high-growth tech companies, Tan said the firm, which has more than 7,000 employees, started thinking about a listing nearly a year ago.\nOnly this year, it seriously considered going public via a merger with a SPAC after receiving many offers.\nSources familiar with the matter said the IPO process was code named “Iron Man” while the SPAC route was dubbed “Superman.”\n“Superman is a good guy and he would go all out to serve society,” Tan told Reuters in an interview on Tuesday.\nGrab’s funding comes as rivals including Gojek and Sea are also bulking up.\n“Other founders, other entrepreneurs and the region will be able to attract even more capital, because now we’ve shown that investors can make money, can exit,” said Tan.\nTech companies view the region of 650 million people as a big opportunity, but the markets’ diversity has tripped up some global firms.\nMuch of Grab’s success has been due to Tan’s relentless drive to localise. It accepted cash when Uber only allowed card payments. Grab also moved early to offer motorcycle taxi rides in traffic-clogged countries of Vietnam and Indonesia.\nAfter shifting its headquarters to Singapore, Grab gained access to some of the world’s biggest investors and talent.\n“Grab’s sharp focus allows them to go very deep into the eco-system and be relevant across a person’s everyday life,” said Keith Magnus, Asia co-chairman at boutique investment bank Evercore, which was among Grab’s advisers on the SPAC deal.","news_type":1,"symbols_score_info":{"AGC":0.9,"MNQmain":0.9,"QLD":0.9,"SQQQ":0.9,"NDAQ":0.9,"TQQQ":0.9,"NQmain":0.9,"PSQ":0.9,"QQQ":0.9,"QID":0.9,"SE":0.9,"UBER":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124277456,"gmtCreate":1624770087875,"gmtModify":1703844868756,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Definitely NIO ?","listText":"Definitely NIO ?","text":"Definitely NIO ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124277456","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://ttm.financial/m/news/1137119316?lang=en_US&edition=fundamental","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p>\n<ul>\n <li>I am comparing Ford against NIO in different categories.</li>\n <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>\n <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p>\n<p>With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p>\n<p><b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p>\n<p>Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p>\n<p><b>Market opportunity</b></p>\n<p>In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p>\n<p>China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p>\n<p>Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p>\n<p>Turning to growth projections.</p>\n<p>With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p>\n<p>Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p>\n<p><b>Scale and manufacturing competence</b></p>\n<p>Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p>\n<p>Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p>\n<p>Winner here: Ford.</p>\n<p><b>Differentiation and BaaS revenue model</b></p>\n<p>Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p>\n<p>Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p>\n<p>The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p>\n<p>The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p>\n<p>Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p>\n<p>Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p>\n<p>The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p>\n<p><b>Sales growth and valuation</b></p>\n<p>Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p>\n<p>Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p>\n<p>Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p>\n<p><b>NIO has larger risks...</b></p>\n<p>NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p>\n<p><b>Final verdict</b></p>\n<p>NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p>\n<p>Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p>\n<p>If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</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>Ford Or NIO? The Final Verdict</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\">\nFord Or NIO? The Final Verdict\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","F":"福特汽车"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"NIO":0.9,"F":0.9}},"isVote":1,"tweetType":1,"viewCount":3232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126567735,"gmtCreate":1624579270327,"gmtModify":1703840692696,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"This is good news being looking for ????","listText":"This is good news being looking for ????","text":"This is good news being looking for ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126567735","repostId":"2146255080","repostType":4,"repost":{"id":"2146255080","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624577871,"share":"https://ttm.financial/m/news/2146255080?lang=en_US&edition=fundamental","pubTime":"2021-06-25 07:37","market":"sh","language":"en","title":"Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2146255080","media":"Reuters","summary":"June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuatio","content":"<p>June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.</p>\n<p>It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.</p>\n<p>Four ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.</p>\n<p>The IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.</p>\n<p>However, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion.&nbsp;</p>\n<p>The company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).</p>\n<p>Before settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.</p>\n<p>Excluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.</p>\n<p>It counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.</p>\n<p>It became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.</p>\n<p>In 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.</p>\n<p>In addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.</p>\n<p>Goldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.</p>\n<p>DiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.</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>Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut</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\">\nChinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 07:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.</p>\n<p>It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.</p>\n<p>Four ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.</p>\n<p>The IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.</p>\n<p>However, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion.&nbsp;</p>\n<p>The company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).</p>\n<p>Before settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.</p>\n<p>Excluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.</p>\n<p>It counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.</p>\n<p>It became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.</p>\n<p>In 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.</p>\n<p>In addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.</p>\n<p>Goldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.</p>\n<p>DiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146255080","content_text":"June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.\nIt set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.\nFour ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.\nThe IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.\nHowever, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion. \nThe company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).\nBefore settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.\nExcluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.\nIt counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.\nIt became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.\nIn 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.\nIn addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.\nGoldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.\nDiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.","news_type":1,"symbols_score_info":{"DIDI":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":2199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195608164,"gmtCreate":1621289891158,"gmtModify":1704355075656,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"For long term wise Disney is always a good buy ?","listText":"For long term wise Disney is always a good buy ?","text":"For long term wise Disney is always a good buy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195608164","repostId":"1121366045","repostType":4,"repost":{"id":"1121366045","kind":"news","pubTimestamp":1621265461,"share":"https://ttm.financial/m/news/1121366045?lang=en_US&edition=fundamental","pubTime":"2021-05-17 23:31","market":"us","language":"en","title":"Is Disney Stock Still a Buy After Missing Subscriber Estimates?","url":"https://stock-news.laohu8.com/highlight/detail?id=1121366045","media":"Motley Fool","summary":"Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.\nWalt Disn","content":"<p>Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.</p>\n<p><b>Walt Disney</b>&nbsp;(NYSE:DIS)&nbsp;ended the fiscal second quarter with 103.6 million subscribers on its Disney+ streaming service.&nbsp;While that's more than double the total reported in the year-ago quarter, analysts expected Disney+ to finish the quarter with 109 million subscribers.</p>\n<p>The stock initially sold off sharply after the&nbsp;earnings report&nbsp;and is currently down 4.3% year to date.&nbsp;Investors are probably wondering if the House of Mouse is still a good investment.</p>\n<p>Here are four important points from the earnings call that suggest Disney is doing fine and could make the sell-off a good buying opportunity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00b2ef9a9954376983ea5e8c5eef5678\" tg-width=\"2000\" tg-height=\"1125\"><span>IMAGE SOURCE: WALT DISNEY.</span></p>\n<p><b>1. Disney+ is still on track to reach 230 million subscribers</b></p>\n<p>Disney was already doomed to disappoint investors after&nbsp;<b>Netflix</b>&nbsp;(NASDAQ:NFLX)&nbsp;missed its own guidance for subscribers in the March-ending quarter.&nbsp;There was a strong pull-forward of signups for streaming services during the pandemic that may take a quarter or two to shake out.</p>\n<p>Nonetheless, there were plenty of details in the earnings report that suggest Disney+ is still on track to hit its long-term subscriber target. For example, CFO Christine McCarthy said that Disney \"added subs at a faster pace in the last month of the second quarter than we did in the first two months.\"&nbsp;And this was despite the first price increase for Disney+ since launch.</p>\n<p>Looking beyond the near term, CEO Bob Chapek said: \"We are on track to achieve our guidance of 230 million to 260 million subscribers by the end of fiscal 2024.\"</p>\n<p><b>2. Churn levels remaining low despite price increases</b></p>\n<p>Even after implementing the price increases last quarter, Chapek said that \"we've not observed any significantly higher churn rate since the price increase in [the Europe, Middle East, and Africa region].\"</p>\n<p>Disney expects subscriber growth to be stronger once content production resumes at full strength. Chapek said, \"the anticipation for Marvel's newest series,<i>Loki</i>, which debuts on June 9 has been through the roof.\"</p>\n<p>Remember that Disney has gained more than 100 million subs without tapping the&nbsp;deep pipeline of content&nbsp;from&nbsp;<i>Star Wars</i>&nbsp;and Marvel that management unveiled at its December investor day presentation.&nbsp;As the company adds more content from these powerhouse franchises, subscriber numbers should add up.</p>\n<p><b>3. Disney+ has yet to benefit from recent price increases</b></p>\n<p>Disney's average revenue per user (ARPU) fell 29% to $3.99 during the quarter.&nbsp;That is certainly a stark contrast compared to Netflix's 6% year-over-year increase in the last quarter. But there's more to the story here.</p>\n<p>The decline in ARPU was due to the launch of Disney+ Hotstar in India, which produces a lower revenue per user than Disney+ in other markets.&nbsp;Excluding Hotstar, Disney+ ARPU would have been virtually unchanged at $5.61.</p>\n<p>\"As we move through the remainder of the year, we should start to see the benefit on Disney+ ARPU from price increases we've taken around the world,\" McCarthy said.</p>\n<p><b>4. Per capita spending is up at theme parks</b></p>\n<p>Of course, theme parks are still an important piece of Disney's business, generating $26 billion in revenue in fiscal 2019.&nbsp;Revenue from Disney parks, experiences, and products dropped 44% year over year in the quarter.&nbsp;But that's an improvement from the previous quarter's 53% decline.</p>\n<p>Management offered more good news on the earnings call. \"At Walt Disney World, attendance trends continued to steadily improve throughout the second quarter, and guest spending per capita again grew by double digits versus the prior year,\" McCarthy said.</p>\n<p>Disneyland Resort opened on April 30, and management is \"very encouraged\" by the guest response so far.</p>\n<p>It's tough to say where the stock will go in the near term, but Disney's franchises are some of the most valuable in the&nbsp;entertainment industry. I think it's a safe bet that once Disney unloads more content from its top brands on Disney+, and the rest of the business fully recovers from the pandemic, the stock price will likely trade higher than it does now. So, yes, I view the sell-off as a good buying opportunity.</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>Is Disney Stock Still a Buy After Missing Subscriber Estimates?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Disney Stock Still a Buy After Missing Subscriber Estimates?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/17/is-disney-stock-still-a-buy-after-missing-subscrib/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.\nWalt Disney (NYSE:DIS) ended the fiscal second quarter with 103.6 million subscribers on its Disney+ ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/17/is-disney-stock-still-a-buy-after-missing-subscrib/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.fool.com/investing/2021/05/17/is-disney-stock-still-a-buy-after-missing-subscrib/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121366045","content_text":"Disney+ fell well short of analyst estimates for subscriber additions in the last quarter.\nWalt Disney (NYSE:DIS) ended the fiscal second quarter with 103.6 million subscribers on its Disney+ streaming service. While that's more than double the total reported in the year-ago quarter, analysts expected Disney+ to finish the quarter with 109 million subscribers.\nThe stock initially sold off sharply after the earnings report and is currently down 4.3% year to date. Investors are probably wondering if the House of Mouse is still a good investment.\nHere are four important points from the earnings call that suggest Disney is doing fine and could make the sell-off a good buying opportunity.\nIMAGE SOURCE: WALT DISNEY.\n1. Disney+ is still on track to reach 230 million subscribers\nDisney was already doomed to disappoint investors after Netflix (NASDAQ:NFLX) missed its own guidance for subscribers in the March-ending quarter. There was a strong pull-forward of signups for streaming services during the pandemic that may take a quarter or two to shake out.\nNonetheless, there were plenty of details in the earnings report that suggest Disney+ is still on track to hit its long-term subscriber target. For example, CFO Christine McCarthy said that Disney \"added subs at a faster pace in the last month of the second quarter than we did in the first two months.\" And this was despite the first price increase for Disney+ since launch.\nLooking beyond the near term, CEO Bob Chapek said: \"We are on track to achieve our guidance of 230 million to 260 million subscribers by the end of fiscal 2024.\"\n2. Churn levels remaining low despite price increases\nEven after implementing the price increases last quarter, Chapek said that \"we've not observed any significantly higher churn rate since the price increase in [the Europe, Middle East, and Africa region].\"\nDisney expects subscriber growth to be stronger once content production resumes at full strength. Chapek said, \"the anticipation for Marvel's newest series,Loki, which debuts on June 9 has been through the roof.\"\nRemember that Disney has gained more than 100 million subs without tapping the deep pipeline of content from Star Wars and Marvel that management unveiled at its December investor day presentation. As the company adds more content from these powerhouse franchises, subscriber numbers should add up.\n3. Disney+ has yet to benefit from recent price increases\nDisney's average revenue per user (ARPU) fell 29% to $3.99 during the quarter. That is certainly a stark contrast compared to Netflix's 6% year-over-year increase in the last quarter. But there's more to the story here.\nThe decline in ARPU was due to the launch of Disney+ Hotstar in India, which produces a lower revenue per user than Disney+ in other markets. Excluding Hotstar, Disney+ ARPU would have been virtually unchanged at $5.61.\n\"As we move through the remainder of the year, we should start to see the benefit on Disney+ ARPU from price increases we've taken around the world,\" McCarthy said.\n4. Per capita spending is up at theme parks\nOf course, theme parks are still an important piece of Disney's business, generating $26 billion in revenue in fiscal 2019. Revenue from Disney parks, experiences, and products dropped 44% year over year in the quarter. But that's an improvement from the previous quarter's 53% decline.\nManagement offered more good news on the earnings call. \"At Walt Disney World, attendance trends continued to steadily improve throughout the second quarter, and guest spending per capita again grew by double digits versus the prior year,\" McCarthy said.\nDisneyland Resort opened on April 30, and management is \"very encouraged\" by the guest response so far.\nIt's tough to say where the stock will go in the near term, but Disney's franchises are some of the most valuable in the entertainment industry. I think it's a safe bet that once Disney unloads more content from its top brands on Disney+, and the rest of the business fully recovers from the pandemic, the stock price will likely trade higher than it does now. So, yes, I view the sell-off as a good buying opportunity.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":2625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102708709,"gmtCreate":1620248733401,"gmtModify":1704340653817,"author":{"id":"3570854261544320","authorId":"3570854261544320","name":"siewming","avatar":"https://static.tigerbbs.com/24f61bae157816d25d689cd306b5631d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570854261544320","idStr":"3570854261544320"},"themes":[],"htmlText":"Will it be a good buy for now? ?&nbsp;","listText":"Will it be a good buy for now? ?&nbsp;","text":"Will it be a good buy for now? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/102708709","repostId":"2133255365","repostType":4,"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574399983193226","authorId":"3574399983193226","name":"MFME","avatar":"https://static.tigerbbs.com/9c7d2325aa9eb91869c4c7144270a75a","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3574399983193226","idStr":"3574399983193226"},"content":"well not all ark bought flew... so dyodd","text":"well not all ark bought flew... so dyodd","html":"well not all ark bought flew... so dyodd"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}