+Follow
darrenwm
No personal profile
1
Follow
0
Followers
0
Topic
0
Badge
Posts
Hot
darrenwm
2023-02-07
$03690.SPO(03690.SPO)$
How to sell this free stock
darrenwm
2022-12-17
Elon should just stop twittering.
Sorry, the original content has been removed
darrenwm
2023-06-08
6 months ago when meta is like below 100. Analystsaid it was a trash stock. Oh well.
Sorry, the original content has been removed
darrenwm
2022-06-27
Bear bear
Sorry, the original content has been removed
darrenwm
2023-05-01
When Meta was below 100, all the analysts were saying Meta is trash. Well
Sorry, the original content has been removed
darrenwm
2022-06-10
Deep deep red
Sorry, the original content has been removed
darrenwm
2022-06-22
$S&P 500(.SPX)$
i think it will be lower than 3500
darrenwm
2022-06-22
Ok
US STOCKS-Wall Street Gains Over 2% in Broad Rebound
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3572227144595771","uuid":"3572227144595771","gmtCreate":1609133121326,"gmtModify":1654865866085,"name":"darrenwm","pinyin":"darrenwm","introduction":"","introductionEn":"","signature":"","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":1,"tweetSize":8,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖(非转发)","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":6,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.25","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.23","exceedPercentage":"93.15%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.09.02","exceedPercentage":"93.44%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.07","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":"2022.05.07","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":8,"crmLevelSwitch":1,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":184966452793352,"gmtCreate":1686197099197,"gmtModify":1686197346798,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"6 months ago when meta is like below 100. Analystsaid it was a trash stock. Oh well. ","listText":"6 months ago when meta is like below 100. Analystsaid it was a trash stock. Oh well. ","text":"6 months ago when meta is like below 100. Analystsaid it was a trash stock. Oh well.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184966452793352","repostId":"2341205384","repostType":2,"repost":{"id":"2341205384","kind":"highlight","pubTimestamp":1686193506,"share":"https://ttm.financial/m/news/2341205384?lang=&edition=fundamental","pubTime":"2023-06-08 11:05","market":"us","language":"en","title":"Meta Platforms: Do Not Sell Now Ahead Of Explosive Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=2341205384","media":"Seekingalpha","summary":"grinvalds/iStock via Getty Images Meta Platforms (NASDAQ:META) has finally found its groove. Just one year ago, between META, Alphabet (GOOG, GOOGL), and Amazon (AMZN), I would have not expected META ","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>Meta Platforms is up well over triple-digits from lows.</p></li><li><p>The company is showing resilient revenue and user growth in spite of a tough macro environment and stiff competition.</p></li><li><p>I discuss the potential ramifications of the shift in capital allocation strategy.</p></li><li><p>The stock remains deeply undervalued, in light of the rapidly evolving thesis - I reiterate my strong buy rating.</p></li></ul><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> has finally found its groove. Just one year ago, between META, Alphabet (GOOG, GOOGL), and <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, I would have not expected META to be the strongest performing stock. META seemed to have the highest risk due to its market positioning, but the stock has nonetheless outperformed due to management's surprisingly aggressive commitment to operational efficiencies. After a thunderous rally from the lows, META stock might not look so cheap anymore based on trailing earnings, but earnings are set for considerable growth as the company reaps the benefits of a leaner cost structure. I am also warming up to the long-term opportunity of the metaverse, and management appears to have struck an optimal balance between investing for growth and doing right by shareholders. The hardest part in investing can oftentimes be holding on to one's winners, especially as the stock price rewards a developing thesis. I reiterate my strong buy rating for the stock.</p><h2>META Stock Price</h2><p>It may be hard to believe, but META has made up much of the losses it suffered during the tech crash.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a33c4a74f91dfaa16e62b35cb64dccb\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data by YCharts</span></p><p>I last covered META in March where I rated the stock a strong buy even as the stock was already up triple digits from the lows. The stock has since returned another 38%, but I continue to maintain my bullishness. The stock should never have gotten as low as it did, and it is now making up ground.</p><h2>META Stock Key Metrics</h2><p>In its most recent quarter, META delivered surprisingly resilient growth, with revenues growing 2.6% to $28.6 billion. That came above the high end of management's guidance of $26 billion to $28.5 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb4e42d3d8180be03f6e8f05689f9eec\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"309\"/><span>2023 Q1 Presentation</span></p><p>The operating margin declined 600 bps to 25%, but that included 400 bps of headwinds from restructuring charges. Management noted that they expect to record around $1 billion of restructuring charges as a result of the layoffs announced in March. The company recognized $523 million of those charges in this past quarter.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65e1cce5fac934451e11ff937d0b251f\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"194\"/><span>2023 Q1 Presentation</span></p><p>Excluding the restructuring charges recognized in the quarter, diluted EPS would have been 20% higher at $2.64. Operating margin would have declined by only 100 bps, which is arguably a strong result considering that Reality Labs losses increased by $1 billion.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eac770b3f54cf622057994064024c015\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"322\"/><span>2023 Q1 Presentation</span></p><p>META also showed solid business fundamentals, with Facebook monthly active users ('MAUs') growing 0.9% sequentially. It was only four quarters ago that MAUs declined sequentially, and the market seemingly gave up on the stock.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d821628a07ffa1eb8c521948a943484\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"297\"/><span>2023 Q1 Presentation</span></p><p>Also impressive, META was able to slightly increase its average revenue per user ('ARPU') on a worldwide basis. These are very strong results considering the tough macro environment.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7a6871400add0cecc4cd5e9e73763b6\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"297\"/><span>2023 Q1 Presentation</span></p><p>META had previously been seeing considerable headwinds from its increasing adoption of Reels, as the new video format has a lower rate of monetization. On the conference call, management cited the "structural supply constraints" due to the greater engagement associated with Reels, but is still guiding for Reels to be neutral to revenues within three to four quarters.</p><p>The company generated $6.9 billion in free cash flow in the quarter yet repurchased $9.22 billion of stock - showing clearly management's commitment to the share repurchase program.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d65f7d56be2fb1a8656963ca586c068\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"260\"/><span>2023 Q1 Presentation</span></p><p>META ended the quarter with $37.44 billion of cash versus $9.92 billion of debt, as well as $6.2 billion in privately held securities. Management made a surprising and somewhat overlooked comment regarding their capital structure, stating intentions to maintain a "positive or neutral net cash balance over time." In plain English, that means that management is willing to issue debt to fund accelerated share repurchases. For an illustration of how much this could boost the stock price, just look at the tape action of Apple (AAPL). If investors were concerned that heavy investment in Reality Labs would take away from shareholder returns, then those concerns have now been thoroughly addressed.</p><p>Looking ahead, management has guided for revenue between $29.5 and $32 billion. The high end of that range implies double-digit YOY growth, with management justified as being due to the fact that this will be the first comparable quarter without Russian revenues.</p><p>Management reduced their full-year operating expense guidance to between $86 and $90 billion, which is inclusive of $3 to $5 billion of restructuring costs and is down from the $89 to $95 billion range given in March. I note that two quarters ago, the expense outlook was a range of $96 to $101 billion.</p><p>Yet, management did not stop there. Management committed to maintaining a lean-operations mindset moving forward, stating that a slower pace of hiring and flattened management structure "will improve the speed and quality of our work." The exception appears to be in the company's Reality Labs and artificial intelligence operations. Management noted that these two areas would be the primary areas of future hiring and represent their top two core priorities. Management noted that more than 20% of content in Facebook and Instagram feeds are recommended by AI, representing content from accounts that one doesn't follow. I view that metric as being highly relevant in showing that the company has been able to move past the data privacy changes by iOS in the past, as it may be able to eventually drive its content generation primarily from in-app use. Management estimates that these AI recommendations have increased time spent on Instagram by 24%.</p><p>This appears to be the quarter in which META has simultaneously attacked many of the main bearish points: capital allocation, profitability, iOS data privacy changes, and TikTok competition. It is quite amazing that META has been able to accomplish such a task while continuing to invest so heavily in the metaverse.</p><h2>Is META Stock Buy, Sell, or Hold?</h2><p>While META is trading at around 30x trailing earnings, consensus estimates have the stock trading at just 24x this year's estimates. The discrepancy is likely due to both expectations for a macro recovery as well as a financial boost from the company's aggressive cost-cutting initiatives.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7b3f29268f3a31cbd571e07ba75ab40\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"142\"/><span>Seeking Alpha</span></p><p>Consensus earnings estimates look reasonable, if not conservative, considering that they are implying a mere 27% net margin by 2026.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ef257a6794d92bd262fa639119845eb\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"142\"/><span>Seeking Alpha</span></p><p>Yes, META stock is up a substantial amount from the lows. I suspect that this point alone may make many readers uncomfortable with the stock. But I pose a counter: if META had instead fallen from a higher price to current levels, would that change the stock's outlook? Depending on one's balance of fundamental and technical analysis, answers to that question may differ, but those with a fundamental tilt should argue to the contrary. META appears to be doing everything that shareholders could want - in particular, the focus on profitability and potential for accelerated share repurchases stand out. But in addition to those welcome measures, I am also warming up to the long-term opportunity in the metaverse. Investor enthusiasm for this business unit, despite the company's significant investment in it, has been lukewarm, and I can understand why given my personal experience with virtual reality headsets. But one day, as I was playing with my toddler, I wondered if it would be possible to re-live such memories even after she grows older. I wondered if artificial intelligence and metaverse developments would make it possible to transform a photograph or video into a virtual reality experience. I may be dreaming, but this appears to be the direction that META is heading, and this is the kind of narrative that can help drive a premium valuation. With Microsoft (MSFT) trading at 35x earnings due to enthusiasm for search and artificial intelligence, in spite of its slowing growth profile, I can see META getting to a similar valuation on account of the faster growth profile. A re-valuation to 30x earnings would imply around 30% potential upside over the next 12 months.</p><p>What are the key risks? Relevance remains the most important risk. META is not enterprise tech and thus is much more correlated with the broader economy. Demand for online advertising may weaken in weak economic conditions, as seen currently. Moreover, META's platforms might not resonate with future generations, as technological prowess plays a lesser role than popularity for social networks. While META appears to have staved off competition from TikTok for its core user base, I am of the view that TikTok remains the social network of choice for newer generations. That may pose a tail-end risk, though admittedly this risk might not appear for many decades. It is also possible that management reverses course from its shareholder-friendly practices, perhaps by investing too aggressively in the metaverse. While I am optimistic for the future of the metaverse as described above, technology and social appetite might not be ready to welcome such developments. It is possible that META is too early in investing for the metaverse, though I suspect that Wall Street is underestimating the impact that artificial intelligence can have in this field. META remains a top pick due to the visible catalysts playing out - I reiterate my strong buy rating.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Platforms: Do Not Sell Now Ahead Of Explosive Upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Platforms: Do Not Sell Now Ahead Of Explosive Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-08 11:05 GMT+8 <a href=https://seekingalpha.com/article/4610075-meta-platforms-do-not-sell-now-ahead-of-explosive-upside><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMeta Platforms is up well over triple-digits from lows.The company is showing resilient revenue and user growth in spite of a tough macro environment and stiff competition.I discuss the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4610075-meta-platforms-do-not-sell-now-ahead-of-explosive-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4610075-meta-platforms-do-not-sell-now-ahead-of-explosive-upside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2341205384","content_text":"SummaryMeta Platforms is up well over triple-digits from lows.The company is showing resilient revenue and user growth in spite of a tough macro environment and stiff competition.I discuss the potential ramifications of the shift in capital allocation strategy.The stock remains deeply undervalued, in light of the rapidly evolving thesis - I reiterate my strong buy rating.Meta Platforms has finally found its groove. Just one year ago, between META, Alphabet (GOOG, GOOGL), and Amazon, I would have not expected META to be the strongest performing stock. META seemed to have the highest risk due to its market positioning, but the stock has nonetheless outperformed due to management's surprisingly aggressive commitment to operational efficiencies. After a thunderous rally from the lows, META stock might not look so cheap anymore based on trailing earnings, but earnings are set for considerable growth as the company reaps the benefits of a leaner cost structure. I am also warming up to the long-term opportunity of the metaverse, and management appears to have struck an optimal balance between investing for growth and doing right by shareholders. The hardest part in investing can oftentimes be holding on to one's winners, especially as the stock price rewards a developing thesis. I reiterate my strong buy rating for the stock.META Stock PriceIt may be hard to believe, but META has made up much of the losses it suffered during the tech crash.Data by YChartsI last covered META in March where I rated the stock a strong buy even as the stock was already up triple digits from the lows. The stock has since returned another 38%, but I continue to maintain my bullishness. The stock should never have gotten as low as it did, and it is now making up ground.META Stock Key MetricsIn its most recent quarter, META delivered surprisingly resilient growth, with revenues growing 2.6% to $28.6 billion. That came above the high end of management's guidance of $26 billion to $28.5 billion.2023 Q1 PresentationThe operating margin declined 600 bps to 25%, but that included 400 bps of headwinds from restructuring charges. Management noted that they expect to record around $1 billion of restructuring charges as a result of the layoffs announced in March. The company recognized $523 million of those charges in this past quarter.2023 Q1 PresentationExcluding the restructuring charges recognized in the quarter, diluted EPS would have been 20% higher at $2.64. Operating margin would have declined by only 100 bps, which is arguably a strong result considering that Reality Labs losses increased by $1 billion.2023 Q1 PresentationMETA also showed solid business fundamentals, with Facebook monthly active users ('MAUs') growing 0.9% sequentially. It was only four quarters ago that MAUs declined sequentially, and the market seemingly gave up on the stock.2023 Q1 PresentationAlso impressive, META was able to slightly increase its average revenue per user ('ARPU') on a worldwide basis. These are very strong results considering the tough macro environment.2023 Q1 PresentationMETA had previously been seeing considerable headwinds from its increasing adoption of Reels, as the new video format has a lower rate of monetization. On the conference call, management cited the \"structural supply constraints\" due to the greater engagement associated with Reels, but is still guiding for Reels to be neutral to revenues within three to four quarters.The company generated $6.9 billion in free cash flow in the quarter yet repurchased $9.22 billion of stock - showing clearly management's commitment to the share repurchase program.2023 Q1 PresentationMETA ended the quarter with $37.44 billion of cash versus $9.92 billion of debt, as well as $6.2 billion in privately held securities. Management made a surprising and somewhat overlooked comment regarding their capital structure, stating intentions to maintain a \"positive or neutral net cash balance over time.\" In plain English, that means that management is willing to issue debt to fund accelerated share repurchases. For an illustration of how much this could boost the stock price, just look at the tape action of Apple (AAPL). If investors were concerned that heavy investment in Reality Labs would take away from shareholder returns, then those concerns have now been thoroughly addressed.Looking ahead, management has guided for revenue between $29.5 and $32 billion. The high end of that range implies double-digit YOY growth, with management justified as being due to the fact that this will be the first comparable quarter without Russian revenues.Management reduced their full-year operating expense guidance to between $86 and $90 billion, which is inclusive of $3 to $5 billion of restructuring costs and is down from the $89 to $95 billion range given in March. I note that two quarters ago, the expense outlook was a range of $96 to $101 billion.Yet, management did not stop there. Management committed to maintaining a lean-operations mindset moving forward, stating that a slower pace of hiring and flattened management structure \"will improve the speed and quality of our work.\" The exception appears to be in the company's Reality Labs and artificial intelligence operations. Management noted that these two areas would be the primary areas of future hiring and represent their top two core priorities. Management noted that more than 20% of content in Facebook and Instagram feeds are recommended by AI, representing content from accounts that one doesn't follow. I view that metric as being highly relevant in showing that the company has been able to move past the data privacy changes by iOS in the past, as it may be able to eventually drive its content generation primarily from in-app use. Management estimates that these AI recommendations have increased time spent on Instagram by 24%.This appears to be the quarter in which META has simultaneously attacked many of the main bearish points: capital allocation, profitability, iOS data privacy changes, and TikTok competition. It is quite amazing that META has been able to accomplish such a task while continuing to invest so heavily in the metaverse.Is META Stock Buy, Sell, or Hold?While META is trading at around 30x trailing earnings, consensus estimates have the stock trading at just 24x this year's estimates. The discrepancy is likely due to both expectations for a macro recovery as well as a financial boost from the company's aggressive cost-cutting initiatives.Seeking AlphaConsensus earnings estimates look reasonable, if not conservative, considering that they are implying a mere 27% net margin by 2026.Seeking AlphaYes, META stock is up a substantial amount from the lows. I suspect that this point alone may make many readers uncomfortable with the stock. But I pose a counter: if META had instead fallen from a higher price to current levels, would that change the stock's outlook? Depending on one's balance of fundamental and technical analysis, answers to that question may differ, but those with a fundamental tilt should argue to the contrary. META appears to be doing everything that shareholders could want - in particular, the focus on profitability and potential for accelerated share repurchases stand out. But in addition to those welcome measures, I am also warming up to the long-term opportunity in the metaverse. Investor enthusiasm for this business unit, despite the company's significant investment in it, has been lukewarm, and I can understand why given my personal experience with virtual reality headsets. But one day, as I was playing with my toddler, I wondered if it would be possible to re-live such memories even after she grows older. I wondered if artificial intelligence and metaverse developments would make it possible to transform a photograph or video into a virtual reality experience. I may be dreaming, but this appears to be the direction that META is heading, and this is the kind of narrative that can help drive a premium valuation. With Microsoft (MSFT) trading at 35x earnings due to enthusiasm for search and artificial intelligence, in spite of its slowing growth profile, I can see META getting to a similar valuation on account of the faster growth profile. A re-valuation to 30x earnings would imply around 30% potential upside over the next 12 months.What are the key risks? Relevance remains the most important risk. META is not enterprise tech and thus is much more correlated with the broader economy. Demand for online advertising may weaken in weak economic conditions, as seen currently. Moreover, META's platforms might not resonate with future generations, as technological prowess plays a lesser role than popularity for social networks. While META appears to have staved off competition from TikTok for its core user base, I am of the view that TikTok remains the social network of choice for newer generations. That may pose a tail-end risk, though admittedly this risk might not appear for many decades. It is also possible that management reverses course from its shareholder-friendly practices, perhaps by investing too aggressively in the metaverse. While I am optimistic for the future of the metaverse as described above, technology and social appetite might not be ready to welcome such developments. It is possible that META is too early in investing for the metaverse, though I suspect that Wall Street is underestimating the impact that artificial intelligence can have in this field. META remains a top pick due to the visible catalysts playing out - I reiterate my strong buy rating.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947864503,"gmtCreate":1682939067002,"gmtModify":1682941085956,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"When Meta was below 100, all the analysts were saying Meta is trash. Well","listText":"When Meta was below 100, all the analysts were saying Meta is trash. Well","text":"When Meta was below 100, all the analysts were saying Meta is trash. Well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947864503","repostId":"2332464537","repostType":2,"repost":{"id":"2332464537","kind":"highlight","pubTimestamp":1682935109,"share":"https://ttm.financial/m/news/2332464537?lang=&edition=fundamental","pubTime":"2023-05-01 17:58","market":"us","language":"en","title":"Meta Platforms: Rally Still Has Legs","url":"https://stock-news.laohu8.com/highlight/detail?id=2332464537","media":"seekingalpha","summary":"After this huge rally, investors should probably expect a near-term pause, but ultimately the stock still has legs.","content":"<html><head></head><body><p>Considering <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> once traded near $400, the stock rallying to $240 following better than expected quarterly results is just a continuation of the overdue rebound. The social media stock should've never traded below $100 on the irrational fear of overspending on the Metaverse. My investment thesis remains Bullish on the stock as the company still isn't maximizing profits while investing for the future.</p><h2>Solving Revenue Problem</h2><p>All of the focus over the last year was the excessive spending from Reality Labs and wild growth in the workforce. In reality, the solution to the problem all along was the revenue side of the equation.</p><p>For Q1'23, Meta reported revenues of $289.7 billion, beating analyst estimates by a wide $990 million. The Q2'23 guidance was far more impressive with a target of $29.5 to $32.0 billion versus the $29.5 billion consensus estimates.</p><p>The social media giant had reported a string of earnings reports going back to Q2'21 where Meta didn't beat revenue estimates by this much. In fact, during the period of 8 quarter, the tech giant missed revenue estimates 3 times.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19d71fa91525e30fa2305a36a998b517\" alt=\"Source: Seeking Alpha\" title=\"Source: Seeking Alpha\" tg-width=\"640\" tg-height=\"245\"/><span>Source: Seeking Alpha</span></p><p>While playing the expectations game can be misleading, the big key to Q1 actual numbers was a return to growth after 3 quarters of YoY revenue declines. The average analyst estimate for Q2 is for revenues to jump 6% YoY to $30.6 billion and a quarterly figure above $30 billion would be a record non-holiday quarter.</p><p>Meta can solve a lot of the overspending issues from the last year by returning to sales growth. Considering the economy hasn't improved, the numbers suggest the social media giant has solved some of the IDFA issues caused by the privacy changes at <a href=\"https://laohu8.com/S/AAPL\">Apple</a> and Reels is gaining momentum.</p><p>The company will solve a lot of the ailments by returning to double-digit growth making the spending issue easier to solve. CEO Zuckerberg can gain efficiency by maintaining costs as much as cutting costs.</p><p>A prime example of how the market got off center on the Metaverse is that Meta is seeing substantial gains from using AI to boost time on Instagram via Reels. On the Q1'23 earnings call, CEO Mark Zuckerberg reported the following impressive metrics:</p><blockquote>Since we launched Reels, AI recommendations have driven a more than 24% increase in time spent on Instagram. Our AI work is also improving monetization. Reels monetization efficiency is up over 30% on Instagram and over 40% on Facebook quarter-over-quarter. Daily revenue from Advantage+ shopping campaigns is up 7x in the last six months.</blockquote><p>These numbers support Meta solving the issues from IDFA to the market share shift to TikTok in prior quarters. On top of this, the company continues to reduce the workforce to provide a double boost to the bottom line while still investing aggressively in the future.</p><h2>Reality Labs Will Pay Off</h2><p>The amazing part is that Meta made all of this progress to improve profits while still investing an insane amount in Reality Labs. The company spent over $4 billion on the segment during Q1'23 leading to an annualized loss rate at a massive $16 million.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68312b74a2912d638f735dbb0484b27b\" alt=\"Source: Meta Platforms Q1'23 earnings release\" title=\"Source: Meta Platforms Q1'23 earnings release\" tg-width=\"640\" tg-height=\"299\"/><span>Source: Meta Platforms Q1'23 earnings release</span></p><p>Considering the Metaverse has been slow to ramp, Meta has a long runway to reduce the losses in this area and boost profits going forward. In fact, Reality Labs revenues were down nearly 50% in the quarter due in part to weakness from the headsets.</p><p>The Meta Quest Pro released last year hasn't had an impressive uptake while the Quest 2 has failed to maintain momentum as the device ages. With the company solving the ad revenue problems, Zuckerberg will have the cash flows to continue investing in the promise of the Metaverse along with AR/VR devices.</p><p>According to <em>Verge</em>, the company has the following schedule outlined for future AR/VR headsets:</p><ul><li><p>2023: Quest 3 - 2x thinner, twice as powerful</p></li><li><p>2023: Smart glasses - 2nd generation device</p></li><li><p>2024: Quest 4 - photorealistic, codec avatars</p></li><li><p>2025: Smart glasses - 3rd generation with a display and a neural interface</p></li><li><p>2027: AR glasses</p></li></ul><p>Too much opportunity exists in this area for Meta to reign in most of the investment in this category. Analysts have the company producing the following EPS targets over the next 3 years with the 2025 target approaching $15 per share.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47737bf64ad80f8bf3760b4f9acba9eb\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"483\"/><span>Data by YCharts</span></p><p>Investors can decide how to value the business based on the excessive spending on the Metaverse. Meta is losing $16 billion annually, amounting to about ~$13 billion after taxes.</p><p>The company now has 2.6 billion shares outstanding leading to about a $5 EPS hit from the aggressive spending on Reality Labs. At a 20x EPS target, the comparing is giving up about a $100 per share worth of market cap from investing in the Metaverse.</p><p>Investors have to know Meta either turns this into a future profitable growth driver or Zuckerberg will implement another year of efficiency for the Metaverse.</p><h2>Takeaway</h2><p>The key investor takeaway is that Meta is too cheap trading below 20x official 2024 EPS targets. In reality though, investors should slap a $20+ EPS target on the 2025 earnings and view the stock trading at 12x a more normalized EPS target once the business is fully back in growth mode (along with efficiency improvements) and adding back the temporary Metaverse losses.</p><p>After this huge rally, investors should probably expect a near-term pause, but ultimately the stock still has legs.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Platforms: Rally Still Has Legs</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\">\nMeta Platforms: Rally Still Has Legs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-01 17:58 GMT+8 <a href=https://seekingalpha.com/article/4598276-meta-platforms-rally-still-has-legs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Considering Meta Platforms once traded near $400, the stock rallying to $240 following better than expected quarterly results is just a continuation of the overdue rebound. The social media stock ...</p>\n\n<a href=\"https://seekingalpha.com/article/4598276-meta-platforms-rally-still-has-legs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4598276-meta-platforms-rally-still-has-legs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2332464537","content_text":"Considering Meta Platforms once traded near $400, the stock rallying to $240 following better than expected quarterly results is just a continuation of the overdue rebound. The social media stock should've never traded below $100 on the irrational fear of overspending on the Metaverse. My investment thesis remains Bullish on the stock as the company still isn't maximizing profits while investing for the future.Solving Revenue ProblemAll of the focus over the last year was the excessive spending from Reality Labs and wild growth in the workforce. In reality, the solution to the problem all along was the revenue side of the equation.For Q1'23, Meta reported revenues of $289.7 billion, beating analyst estimates by a wide $990 million. The Q2'23 guidance was far more impressive with a target of $29.5 to $32.0 billion versus the $29.5 billion consensus estimates.The social media giant had reported a string of earnings reports going back to Q2'21 where Meta didn't beat revenue estimates by this much. In fact, during the period of 8 quarter, the tech giant missed revenue estimates 3 times.Source: Seeking AlphaWhile playing the expectations game can be misleading, the big key to Q1 actual numbers was a return to growth after 3 quarters of YoY revenue declines. The average analyst estimate for Q2 is for revenues to jump 6% YoY to $30.6 billion and a quarterly figure above $30 billion would be a record non-holiday quarter.Meta can solve a lot of the overspending issues from the last year by returning to sales growth. Considering the economy hasn't improved, the numbers suggest the social media giant has solved some of the IDFA issues caused by the privacy changes at Apple and Reels is gaining momentum.The company will solve a lot of the ailments by returning to double-digit growth making the spending issue easier to solve. CEO Zuckerberg can gain efficiency by maintaining costs as much as cutting costs.A prime example of how the market got off center on the Metaverse is that Meta is seeing substantial gains from using AI to boost time on Instagram via Reels. On the Q1'23 earnings call, CEO Mark Zuckerberg reported the following impressive metrics:Since we launched Reels, AI recommendations have driven a more than 24% increase in time spent on Instagram. Our AI work is also improving monetization. Reels monetization efficiency is up over 30% on Instagram and over 40% on Facebook quarter-over-quarter. Daily revenue from Advantage+ shopping campaigns is up 7x in the last six months.These numbers support Meta solving the issues from IDFA to the market share shift to TikTok in prior quarters. On top of this, the company continues to reduce the workforce to provide a double boost to the bottom line while still investing aggressively in the future.Reality Labs Will Pay OffThe amazing part is that Meta made all of this progress to improve profits while still investing an insane amount in Reality Labs. The company spent over $4 billion on the segment during Q1'23 leading to an annualized loss rate at a massive $16 million.Source: Meta Platforms Q1'23 earnings releaseConsidering the Metaverse has been slow to ramp, Meta has a long runway to reduce the losses in this area and boost profits going forward. In fact, Reality Labs revenues were down nearly 50% in the quarter due in part to weakness from the headsets.The Meta Quest Pro released last year hasn't had an impressive uptake while the Quest 2 has failed to maintain momentum as the device ages. With the company solving the ad revenue problems, Zuckerberg will have the cash flows to continue investing in the promise of the Metaverse along with AR/VR devices.According to Verge, the company has the following schedule outlined for future AR/VR headsets:2023: Quest 3 - 2x thinner, twice as powerful2023: Smart glasses - 2nd generation device2024: Quest 4 - photorealistic, codec avatars2025: Smart glasses - 3rd generation with a display and a neural interface2027: AR glassesToo much opportunity exists in this area for Meta to reign in most of the investment in this category. Analysts have the company producing the following EPS targets over the next 3 years with the 2025 target approaching $15 per share.Data by YChartsInvestors can decide how to value the business based on the excessive spending on the Metaverse. Meta is losing $16 billion annually, amounting to about ~$13 billion after taxes.The company now has 2.6 billion shares outstanding leading to about a $5 EPS hit from the aggressive spending on Reality Labs. At a 20x EPS target, the comparing is giving up about a $100 per share worth of market cap from investing in the Metaverse.Investors have to know Meta either turns this into a future profitable growth driver or Zuckerberg will implement another year of efficiency for the Metaverse.TakeawayThe key investor takeaway is that Meta is too cheap trading below 20x official 2024 EPS targets. In reality though, investors should slap a $20+ EPS target on the 2025 earnings and view the stock trading at 12x a more normalized EPS target once the business is fully back in growth mode (along with efficiency improvements) and adding back the temporary Metaverse losses.After this huge rally, investors should probably expect a near-term pause, but ultimately the stock still has legs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955767886,"gmtCreate":1675777717346,"gmtModify":1675777723124,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/03690.SPO\">$03690.SPO(03690.SPO)$ </a>How to sell this free stock","listText":"<a href=\"https://ttm.financial/S/03690.SPO\">$03690.SPO(03690.SPO)$ </a>How to sell this free stock","text":"$03690.SPO(03690.SPO)$ How to sell this free stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955767886","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928629438,"gmtCreate":1671268243324,"gmtModify":1676538517890,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Elon should just stop twittering. ","listText":"Elon should just stop twittering. ","text":"Elon should just stop twittering.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928629438","repostId":"2292004292","repostType":4,"repost":{"id":"2292004292","kind":"highlight","pubTimestamp":1671248962,"share":"https://ttm.financial/m/news/2292004292?lang=&edition=fundamental","pubTime":"2022-12-17 11:49","market":"us","language":"en","title":"Tesla: Potential 38.6% Annualized Return","url":"https://stock-news.laohu8.com/highlight/detail?id=2292004292","media":"Seeking Alpha","summary":"SummaryTesla is expanding their product offerings.There are numerous potential positive and negative","content":"<html><head></head><body><h3>Summary</h3><ul><li>Tesla is expanding their product offerings.</li><li>There are numerous potential positive and negative impacts for 2023.</li><li>The Inflation Reduction Act may provide a $7,500 incentive on some vehicles beginning on 1/1/23.</li></ul><h2>Investment Thesis</h2><p>Tesla (NASDAQ:TSLA) should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. TSLA can provide an excellent return from the covered call premium even if the stock does not move much.</p><h2>Tesla</h2><p>Global deliveries in 2021 were a little over 936,000 units. The 2021 breakdown of Tesla's total revenues by country were U.S. (44.5%), China (25.7%), and Other (29.8%). Tesla has ambitious growth plans, but the output may be restricted by global semiconductor shortages and supply chain issues, at least in the near term.</p><p>Its stores do not carry extensive inventories, and many customers choose to customize their vehicles. Tesla has four reportable segments: Automotive sales (84.7% of total 2021 revenues), Automotive Leasing (3.1%), Services & Other (7.1%), and Energy Generation & Storage (5.2%).</p><p>TSLA has annual sales of $74.8B with 99.3K employees. They are 44.7% owned by institutions, with 3.0% short interest. Their return on equity is 28.1%, and they have a 25.0% return on invested capital. The free cash flow yield per share is 1.6%, and their buyback yield per share is 0.0%. Their Piotroski F-score is eight, indicating strength. They have a price-to-book ratio of 12.5.</p><h2>Potential Positive Impacts For 2023</h2><ol><li>Tesla is expanding their product offerings. The first deliveries of the Semi were achieved on December 1, 2022, which should be followed by the Cybertruck (late 2023), Roadster, and Optimus robot. The Cybertruck is believed to have reservations of more than 1.5 million. Eventually, Tesla will roll out more affordable sedans and SUV platforms in the coming years.</li><li>Tesla recently opened new plants in Texas and Germany.</li><li>TSLA is a big winner from the Inflation Reduction Act, as most versions of the industry's two best-selling EVs (the Model Y and Model 3) will probably become eligible for the $7,500 federal EV tax credit, effective January 1, 2023.</li><li>Tesla continually plans to reduce battery costs and boost vehicle range.</li><li>China will reopen eventually.</li><li>Gas prices are higher.</li><li>Tesla has virtually no debt and continues to spend little to nothing on advertising.</li></ol><h2>Potential Negative Impacts For 2023</h2><ol><li>Big automakers are introducing more and more EV vehicles at lower prices.</li><li>A recession may temporarily reduce sales.</li><li>Higher interest rates may temporarily reduce sales.</li><li>Global semiconductor shortages and supply chain issues are improving, but the output may still be restricted.</li><li>Elon Musk has sold over $23 billion in stock this year, presumably to fund Twitter, and he may sell more shares. (The Twitter impact on Tesla will probably fade, especially if a Twitter CEO is announced.)</li><li>TSLA stock ownership is about 44% institutions, 16% insiders, and 40% retail investors, any of whom may not hold shares waiting for a rebound.</li><li>Higher raw material, logistics, labor, and warranty costs may continue to be a headwind.</li></ol><h2>Q3 Quarterly Results</h2><p>TSLA announced record Q3 earnings in their October 19th press release.</p><ul><li>Production of 365K vehicles</li><li>Delivery of 343K vehicles</li><li>Operating cash flow less Capex (free cash flow) was $3.3B</li><li>Cash and marketable securities increased by $2.2B to $21.1B</li><li>Operating margin was 17.2%</li><li>Revenue grew 56% vs. last year</li></ul><p>Musk mentioned the following about growth on the conference call.</p><blockquote>Actually, one caveat, I should say, is growing production by 50% every year because of deliveries -- we're trying to smooth out the deliveries and not have this crazy delivery rate at the end of every quarter, so. In fact, we're just fundamentally running out of -- there weren't enough boats, there weren't enough trains, there weren't enough car carriers to actually support the wave because it got too big. So, whether we like it or not, we actually have to smooth out the delivery of cars intra-quarter because there aren't just enough transportation objects to move them around.</blockquote><p>Musk responded to questions about the product.</p><blockquote>So, we'll be handing over our first production Tesla Semis to Pepsi on December 1. I'll be there in person.</blockquote><blockquote>Yes, exactly; very important, no sacrifice to cargo capacity, 500-mile range. To be clear, 500 miles with the cargo. Yes, 500 miles with the cargo on level ground. Yes, sure. Not up. It's excellent. But the point is, it's a long-range truck and even with heavy cargo. And the number of times people tell, no, you can't -- it's impossible to make a long-range heavy-duty Class A truck. And then, I'll ask, well, what are your assumptions about what hour kilogram and what hours per mile, and they look at me with a blank stare and then say hydrogen. I'm like, no, that's not the answer; I was looking for numbers, literally. It's not a number. It's [indiscernible] table. You obviously don't need hydrogen for heavy trucks.</blockquote><blockquote>And we'll be ramping up Semi production through next year. As I think everyone knows at this point, it takes about a year to ramp up production. So, we expect to see significant -- we're tentatively aiming for 50,000 units in 2024 for Tesla Semi in North America. And obviously, we'll expand beyond North America. And these would sell -- I don't want to say the exact prices, but they're much more than a passenger vehicle. So, with a few thousand heavy trucks of this nature, it would be worth several Model Ys.</blockquote><p>The 50,000-unit forecast for 2024 seems too aggressive. I suspect TSLA will trade above $160.00 in the next year or two, even if the truck forecast is too aggressive.</p><h2>Good Technical Entry Point</h2><p>The share price of TSLA traded at $158.00 on December 15th. I've added the green Fibonacci lines, using the high and low of the past five years for TSLA. It's interesting to note how the market pauses or bounces off these Fibonacci lines. They can be one clue as to where the stock price may be headed. TSLA is slightly below the 38.2% Fibonacci retracement level but could go lower. However, I believe that TSLA will trade above $160.00 by June for the reasons in this article.</p><p></p><p><img src=\"https://static.tigerbbs.com/d4d74a16eaf31e58b529a1b8c50655de\" tg-width=\"640\" tg-height=\"306\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Schwab StreetSmart Edge</p><p>The fifteen most accurate analysts have an average one-year price target of $288.43, indicating an 82.5% potential upside from the December 15th trading price of $158.00 if they are correct. Their ratings are ten buys, four holds, and one sell. Analysts are just one of my indicators, and they are not perfect, but they are usually in the ballpark with estimates or at least headed in the right direction. They often seem a bit optimistic, so I suspect prices may end up lower than their one-year targets to be on the safe side.</p><h2>Trends In Earnings Per Share, P/E Ratio, And Operating Margin</h2><p>The black line shows TSLA's stock price for the past twelve years. Look at the chart of numbers below the graph to see that TSLA adjusted earnings were $0.00 in 2019, $0.75 in 2020, and $2.26 in 2021. They are projected to earn $4.10 in 2022, $5.75 in 2023, and $6.91 in 2024.</p><p>The P/E ratio for TSLA is currently very high. If TSLA earns $6.91 in 2024, the stock could trade at $160.00 if the market assigns a 23.1 P/E ratio. Tesla's growth rate is so strong that it would not surprise me to see TSLA trading above $160.00 a year or two from now.</p><p><img src=\"https://static.tigerbbs.com/4d13a6319189ad952ac60082b701f502\" tg-width=\"640\" tg-height=\"335\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>FastGraphs.com</p><p>TSLA's operating margin has been increasing for the past five years.</p><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/15/737809-167112985977127.png\" tg-width=\"640\" tg-height=\"300\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>StockRover.com</p><p>The stock price has not yet caught up with the increasing sales and EPS.</p><p><img src=\"https://static.tigerbbs.com/c5e35f969fef71b655da5962d71daf93\" tg-width=\"640\" tg-height=\"293\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>StockRover.com</p><h2><b>Sell Covered Calls</b></h2><p>My answer to uncertainty is to sell covered calls on TSLA six months out. TSLA traded at $158.00 on December 15th, and June's $160.00 covered calls are at or near $28.60. One covered call requires 100 shares of stock to be purchased. The stock will be called away if it trades above $160.00 on June 16th. It may even be called away sooner if the price exceeds $160.00, but that's fine since capital is returned sooner.</p><p>The investor can earn $2,860 from call premium and $200 from stock price appreciation. This totals $3,060 in estimated profit on a $15,800 investment, which is a 38.6% annualized return since the period is 183 days.</p><p>If the stock is below $160.00 on June 16th, investors will still make a profit on this trade down to the net stock price of $129.40. Selling covered calls reduces your risk.</p><h2>Takeaway</h2><p>TSLA should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. Even if TSLA's stock price only moves from $158.00 to $160.00 by June 16th, a 38.6% potential annualized return is possible, including the covered call premium.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Potential 38.6% Annualized Return</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Potential 38.6% Annualized Return\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-17 11:49 GMT+8 <a href=https://seekingalpha.com/article/4564906-tesla-potential-38-6-percent-annualized-return><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla is expanding their product offerings.There are numerous potential positive and negative impacts for 2023.The Inflation Reduction Act may provide a $7,500 incentive on some vehicles ...</p>\n\n<a href=\"https://seekingalpha.com/article/4564906-tesla-potential-38-6-percent-annualized-return\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4564906-tesla-potential-38-6-percent-annualized-return","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2292004292","content_text":"SummaryTesla is expanding their product offerings.There are numerous potential positive and negative impacts for 2023.The Inflation Reduction Act may provide a $7,500 incentive on some vehicles beginning on 1/1/23.Investment ThesisTesla (NASDAQ:TSLA) should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. TSLA can provide an excellent return from the covered call premium even if the stock does not move much.TeslaGlobal deliveries in 2021 were a little over 936,000 units. The 2021 breakdown of Tesla's total revenues by country were U.S. (44.5%), China (25.7%), and Other (29.8%). Tesla has ambitious growth plans, but the output may be restricted by global semiconductor shortages and supply chain issues, at least in the near term.Its stores do not carry extensive inventories, and many customers choose to customize their vehicles. Tesla has four reportable segments: Automotive sales (84.7% of total 2021 revenues), Automotive Leasing (3.1%), Services & Other (7.1%), and Energy Generation & Storage (5.2%).TSLA has annual sales of $74.8B with 99.3K employees. They are 44.7% owned by institutions, with 3.0% short interest. Their return on equity is 28.1%, and they have a 25.0% return on invested capital. The free cash flow yield per share is 1.6%, and their buyback yield per share is 0.0%. Their Piotroski F-score is eight, indicating strength. They have a price-to-book ratio of 12.5.Potential Positive Impacts For 2023Tesla is expanding their product offerings. The first deliveries of the Semi were achieved on December 1, 2022, which should be followed by the Cybertruck (late 2023), Roadster, and Optimus robot. The Cybertruck is believed to have reservations of more than 1.5 million. Eventually, Tesla will roll out more affordable sedans and SUV platforms in the coming years.Tesla recently opened new plants in Texas and Germany.TSLA is a big winner from the Inflation Reduction Act, as most versions of the industry's two best-selling EVs (the Model Y and Model 3) will probably become eligible for the $7,500 federal EV tax credit, effective January 1, 2023.Tesla continually plans to reduce battery costs and boost vehicle range.China will reopen eventually.Gas prices are higher.Tesla has virtually no debt and continues to spend little to nothing on advertising.Potential Negative Impacts For 2023Big automakers are introducing more and more EV vehicles at lower prices.A recession may temporarily reduce sales.Higher interest rates may temporarily reduce sales.Global semiconductor shortages and supply chain issues are improving, but the output may still be restricted.Elon Musk has sold over $23 billion in stock this year, presumably to fund Twitter, and he may sell more shares. (The Twitter impact on Tesla will probably fade, especially if a Twitter CEO is announced.)TSLA stock ownership is about 44% institutions, 16% insiders, and 40% retail investors, any of whom may not hold shares waiting for a rebound.Higher raw material, logistics, labor, and warranty costs may continue to be a headwind.Q3 Quarterly ResultsTSLA announced record Q3 earnings in their October 19th press release.Production of 365K vehiclesDelivery of 343K vehiclesOperating cash flow less Capex (free cash flow) was $3.3BCash and marketable securities increased by $2.2B to $21.1BOperating margin was 17.2%Revenue grew 56% vs. last yearMusk mentioned the following about growth on the conference call.Actually, one caveat, I should say, is growing production by 50% every year because of deliveries -- we're trying to smooth out the deliveries and not have this crazy delivery rate at the end of every quarter, so. In fact, we're just fundamentally running out of -- there weren't enough boats, there weren't enough trains, there weren't enough car carriers to actually support the wave because it got too big. So, whether we like it or not, we actually have to smooth out the delivery of cars intra-quarter because there aren't just enough transportation objects to move them around.Musk responded to questions about the product.So, we'll be handing over our first production Tesla Semis to Pepsi on December 1. I'll be there in person.Yes, exactly; very important, no sacrifice to cargo capacity, 500-mile range. To be clear, 500 miles with the cargo. Yes, 500 miles with the cargo on level ground. Yes, sure. Not up. It's excellent. But the point is, it's a long-range truck and even with heavy cargo. And the number of times people tell, no, you can't -- it's impossible to make a long-range heavy-duty Class A truck. And then, I'll ask, well, what are your assumptions about what hour kilogram and what hours per mile, and they look at me with a blank stare and then say hydrogen. I'm like, no, that's not the answer; I was looking for numbers, literally. It's not a number. It's [indiscernible] table. You obviously don't need hydrogen for heavy trucks.And we'll be ramping up Semi production through next year. As I think everyone knows at this point, it takes about a year to ramp up production. So, we expect to see significant -- we're tentatively aiming for 50,000 units in 2024 for Tesla Semi in North America. And obviously, we'll expand beyond North America. And these would sell -- I don't want to say the exact prices, but they're much more than a passenger vehicle. So, with a few thousand heavy trucks of this nature, it would be worth several Model Ys.The 50,000-unit forecast for 2024 seems too aggressive. I suspect TSLA will trade above $160.00 in the next year or two, even if the truck forecast is too aggressive.Good Technical Entry PointThe share price of TSLA traded at $158.00 on December 15th. I've added the green Fibonacci lines, using the high and low of the past five years for TSLA. It's interesting to note how the market pauses or bounces off these Fibonacci lines. They can be one clue as to where the stock price may be headed. TSLA is slightly below the 38.2% Fibonacci retracement level but could go lower. However, I believe that TSLA will trade above $160.00 by June for the reasons in this article.Schwab StreetSmart EdgeThe fifteen most accurate analysts have an average one-year price target of $288.43, indicating an 82.5% potential upside from the December 15th trading price of $158.00 if they are correct. Their ratings are ten buys, four holds, and one sell. Analysts are just one of my indicators, and they are not perfect, but they are usually in the ballpark with estimates or at least headed in the right direction. They often seem a bit optimistic, so I suspect prices may end up lower than their one-year targets to be on the safe side.Trends In Earnings Per Share, P/E Ratio, And Operating MarginThe black line shows TSLA's stock price for the past twelve years. Look at the chart of numbers below the graph to see that TSLA adjusted earnings were $0.00 in 2019, $0.75 in 2020, and $2.26 in 2021. They are projected to earn $4.10 in 2022, $5.75 in 2023, and $6.91 in 2024.The P/E ratio for TSLA is currently very high. If TSLA earns $6.91 in 2024, the stock could trade at $160.00 if the market assigns a 23.1 P/E ratio. Tesla's growth rate is so strong that it would not surprise me to see TSLA trading above $160.00 a year or two from now.FastGraphs.comTSLA's operating margin has been increasing for the past five years.StockRover.comThe stock price has not yet caught up with the increasing sales and EPS.StockRover.comSell Covered CallsMy answer to uncertainty is to sell covered calls on TSLA six months out. TSLA traded at $158.00 on December 15th, and June's $160.00 covered calls are at or near $28.60. One covered call requires 100 shares of stock to be purchased. The stock will be called away if it trades above $160.00 on June 16th. It may even be called away sooner if the price exceeds $160.00, but that's fine since capital is returned sooner.The investor can earn $2,860 from call premium and $200 from stock price appreciation. This totals $3,060 in estimated profit on a $15,800 investment, which is a 38.6% annualized return since the period is 183 days.If the stock is below $160.00 on June 16th, investors will still make a profit on this trade down to the net stock price of $129.40. Selling covered calls reduces your risk.TakeawayTSLA should see higher stock prices due to expanded product offerings and production capacity, plus a possible $7,500 incentive. Even if TSLA's stock price only moves from $158.00 to $160.00 by June 16th, a 38.6% potential annualized return is possible, including the covered call premium.","news_type":1},"isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046849279,"gmtCreate":1656334686891,"gmtModify":1676535807772,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Bear bear ","listText":"Bear bear ","text":"Bear bear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046849279","repostId":"1130617326","repostType":4,"repost":{"id":"1130617326","kind":"news","pubTimestamp":1656333008,"share":"https://ttm.financial/m/news/1130617326?lang=&edition=fundamental","pubTime":"2022-06-27 20:30","market":"us","language":"en","title":"This Bear Market Rally Has Another 7% to Go, at Best - Morgan Stanley","url":"https://stock-news.laohu8.com/highlight/detail?id=1130617326","media":"seekingalpha","summary":"Easing rates and oil pressures are providing short-term relief for the sotck market, but they are an","content":"<html><head></head><body><p>Easing rates and oil pressures are providing short-term relief for the sotck market, but they are an indication more of growth worries than an inflation peak, Morgan Stanley says.</p><p>This "recent decline in bond yields (TBT) (TLT) (SHY) has been perceived as positive for equities - ultimately a misread, in our view," strategist Mike Wilson said. "For this read to continue to hold, we'd likely need to see a continuation of falling yields in the context of cresting inflation pressures, an associated less hawkish Fed policy path, more durable economic growth than we expect and a re-acceleration in earnings revisions."</p><p>"The combination of those factors is feasible, but is not likely, in our view," Wilson said. "Thus, we see the recent rebound in equities as another bear market rally that could rise another 5-7% in the best case scenario."</p><p>"The S&P 500 (SP500) (NYSEARCA:SPY) is trading back at 16.3x or 1 turn higher than where it was trading at the prior week's lows ... this seems hard to justify given the growing concern about earnings," he added. "As a result, we continue to believe any near term rally is nothing more than a bear market bounce with lower lows ahead."</p><p>"The only question is whether we have a soft landing (base case) in which the S&P 500 bottoms near 3400-3500 or we have a recession (bear case) in which the index falls toward 3000."</p><p>The S&P is pricey on 14 of 20 metricstracked by BofA.</p><p><img src=\"https://static.tigerbbs.com/cdf2fbb075efe2af775aac67bee00718\" tg-width=\"1280\" tg-height=\"443\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Bear Market Rally Has Another 7% to Go, at Best - Morgan Stanley</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Bear Market Rally Has Another 7% to Go, at Best - Morgan Stanley\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-27 20:30 GMT+8 <a href=https://seekingalpha.com/news/3852010-this-bear-market-rally-has-another-7-to-go-at-best><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Easing rates and oil pressures are providing short-term relief for the sotck market, but they are an indication more of growth worries than an inflation peak, Morgan Stanley says.This \"recent decline ...</p>\n\n<a href=\"https://seekingalpha.com/news/3852010-this-bear-market-rally-has-another-7-to-go-at-best\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/news/3852010-this-bear-market-rally-has-another-7-to-go-at-best","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1130617326","content_text":"Easing rates and oil pressures are providing short-term relief for the sotck market, but they are an indication more of growth worries than an inflation peak, Morgan Stanley says.This \"recent decline in bond yields (TBT) (TLT) (SHY) has been perceived as positive for equities - ultimately a misread, in our view,\" strategist Mike Wilson said. \"For this read to continue to hold, we'd likely need to see a continuation of falling yields in the context of cresting inflation pressures, an associated less hawkish Fed policy path, more durable economic growth than we expect and a re-acceleration in earnings revisions.\"\"The combination of those factors is feasible, but is not likely, in our view,\" Wilson said. \"Thus, we see the recent rebound in equities as another bear market rally that could rise another 5-7% in the best case scenario.\"\"The S&P 500 (SP500) (NYSEARCA:SPY) is trading back at 16.3x or 1 turn higher than where it was trading at the prior week's lows ... this seems hard to justify given the growing concern about earnings,\" he added. \"As a result, we continue to believe any near term rally is nothing more than a bear market bounce with lower lows ahead.\"\"The only question is whether we have a soft landing (base case) in which the S&P 500 bottoms near 3400-3500 or we have a recession (bear case) in which the index falls toward 3000.\"The S&P is pricey on 14 of 20 metricstracked by BofA.","news_type":1},"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043350581,"gmtCreate":1655877313643,"gmtModify":1676535724260,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> i think it will be lower than 3500","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> i think it will be lower than 3500","text":"$S&P 500(.SPX)$ i think it will be lower than 3500","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043350581","isVote":1,"tweetType":1,"viewCount":736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049728232,"gmtCreate":1655852969226,"gmtModify":1676535715966,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049728232","repostId":"2245254247","repostType":4,"repost":{"id":"2245254247","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":1655852518,"share":"https://ttm.financial/m/news/2245254247?lang=&edition=fundamental","pubTime":"2022-06-22 07:01","market":"us","language":"en","title":"US STOCKS-Wall Street Gains Over 2% in Broad Rebound","url":"https://stock-news.laohu8.com/highlight/detail?id=2245254247","media":"Reuters","summary":"Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap grow","content":"<html><head></head><body><p>Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.</p><p>All 11 major S&P 500 sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.</p><p>Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.</p><p>"Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time," said Kristina Hooper, chief global market strategist at Invesco. "But I do think it is a good sign to see investor interest."</p><p>The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.</p><p>The energy sector, the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.</p><p>Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.</p><p>The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.</p><p>Investors are pivoting to Fed Chair Jerome Powell's testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.</p><p>Investors are "trying to read the tea leaves to see how aggressive the Fed is going to get," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. "That's a hard question to answer right now because they are going to see what happens to the inflation story."</p><p>Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.</p><p>In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.</p><p><a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.</p><p>About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Gains Over 2% in Broad Rebound</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Gains Over 2% in Broad Rebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-22 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.</p><p>All 11 major S&P 500 sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.</p><p>Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.</p><p>"Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time," said Kristina Hooper, chief global market strategist at Invesco. "But I do think it is a good sign to see investor interest."</p><p>The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.</p><p>The energy sector, the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.</p><p>Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.</p><p>The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.</p><p>Investors are pivoting to Fed Chair Jerome Powell's testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.</p><p>Investors are "trying to read the tea leaves to see how aggressive the Fed is going to get," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. "That's a hard question to answer right now because they are going to see what happens to the inflation story."</p><p>Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.</p><p>In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.</p><p><a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.</p><p>About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245254247","content_text":"Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.All 11 major S&P 500 sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.\"Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time,\" said Kristina Hooper, chief global market strategist at Invesco. \"But I do think it is a good sign to see investor interest.\"The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.The energy sector, the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.Investors are pivoting to Fed Chair Jerome Powell's testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.Investors are \"trying to read the tea leaves to see how aggressive the Fed is going to get,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"That's a hard question to answer right now because they are going to see what happens to the inflation story.\"Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.Spirit Airlines shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9058568130,"gmtCreate":1654865679520,"gmtModify":1676535524762,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Deep deep red","listText":"Deep deep red","text":"Deep deep red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058568130","repostId":"1111306345","repostType":4,"repost":{"id":"1111306345","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":1654864238,"share":"https://ttm.financial/m/news/1111306345?lang=&edition=fundamental","pubTime":"2022-06-10 20:30","market":"us","language":"en","title":"Inflation Rose 8.6% in May, Highest Since 1981","url":"https://stock-news.laohu8.com/highlight/detail?id=1111306345","media":"Tiger Newspress","summary":"KEY POINTSThe consumer price index rose 8.6% in May from a year ago, the highest increase since Dece","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>The consumer price index rose 8.6% in May from a year ago, the highest increase since December 1981. Core inflation excluding food and energy rose 6%. Both were higher than expected.</li><li>Surging food, gas and energy prices all contributed to the gain, with fuel oil up 106.7% over the past year.</li><li>Shelter costs, which comprise about one-third of the CPI, rose at the fastest 12-month pace in 31 years.</li><li>The rise in inflation meant workers lost more ground in May, with real wages declining 0.6% from April and 3% on a 12-month basis.</li></ul><p>Inflation accelerated further in May, with prices rising 8.6% from a year ago for the fastest increase since December 1981, the Bureau of Labor Statistics reported Friday.</p><p>The consumer price index, a wide-ranging measure of goods and services prices, increased even more than the 8.3% Dow Jones estimate. Excluding volatile food and energy prices, so-called core CPI was up 6%, slightly higher than the 5.9% estimate.</p><p>On a monthly basis, headline CPI was up 1% while core rose 0.6%, compared to respective estimates of 0.7% and 0.5%.</p><p>Surging shelter, gasoline and food prices all contributed to the increase.</p><p>Energy prices broadly rose 3.9% from a month ago, bringing the annual gain to 34.6%. Within the category, fuel oil posted a 16.9% monthly gain, pushing the 12-month surge to 106.7%.</p><p>Shelter costs, which account for about a one-third weighting on the CPI, rose 0.6% for the month, the fastest one-month gain since March 2004. The 5.5% 12-month gain is the most since February 1991.</p><p>Finally, food costs climbed another 1.2% in May, bringing the year-over-year gain to 10.1%.</p><p>Those escalating prices meant workers took another pay cut during the month. Real wages when accounting for inflation fell 0.6% in April, even though average hourly earnings rose 0.3%, according to a separate BLS release. On a 12-month basis, real average hourly earnings were down 3%.</p><p>Markets reacted negatively to the report, with stock futures indicating a sharply lower open on Wall Street and government bond yields rising.</p><p>“It’s hard to look at May’s inflation data and not be disappointed,” said Morning Consult chief economist John Leer. “We’re just not yet seeing any signs that we’re in the clear.”</p><p>Some of the biggest increases came in airfares (up 12.6% on the month), used cars and trucks (1.8%), and dairy products (2.9%). The vehicle costs had been considered a bellwether of the inflation surge and had been falling for the past three months, so the increase is a potentially ominous sign, as used vehicle prices are now up 16.1% over the past year. New vehicle prices rose 1% in May.</p><p>Friday’s numbers dented hopes that inflation may have peaked and adds to fears that the U.S. economy is nearing a recession.</p><p>The inflation report comes with the Federal Reserve in the early stages of a rate-hiking campaign to slow growth and bring down prices. May’s report likely solidifies the likelihood of multiple 50 basis point interest rate increases ahead.</p><p>“Obviously, nothing is good in this report,” said Julian Brigden, president of MI2 Partners, a global macroeconomic research firm. “There is nothing in there that’s going to give the Fed any cheer. ... I struggle to see how the Fed can back off.”</p><p>With 75 basis points of interest rate rises already under its belt, markets widely expect the Fed to continue tightening policy through the year and possibly into 2023. The central bank’s benchmark short-term borrowing rate is currently anchored around 0.75% -1% and is expected to rise to 2.75%-3% by the end of the year, according to CME Group estimates.</p><p>Inflation has been a political headache for the White House and President Joe Biden.</p><p>Administration officials pin most of the blame for the surge on supply chain issues related to the Covid pandemic, imbalances created by outsized demand for goods over services, and the Russian attack on Ukraine.</p><p>In a recent Wall Street Journal op-ed, Biden said he will push for further improvements to supply chains and continue efforts to bring down the budget deficit.</p><p>However, he and Treasury Secretary Janet Yellen both have emphasized that much of the responsibility for lowering inflation belongs to the Fed. The administration has largely denied that the trillions of dollars directed toward Covid aid played a major role.</p><p>How much the central bank will have to raise rates remains to be seen. Former Treasury Secretary Larry Summers recently released a white paper with a team of other economists that suggests the Fed will need to go further than many are anticipating. The paper asserts that the current inflation predicament is closer to the 1980s situation than it appears because of differences in the ways that CPI is computed then and now.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation Rose 8.6% in May, Highest Since 1981</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\">\nInflation Rose 8.6% in May, Highest Since 1981\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-10 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>KEY POINTS</p><ul><li>The consumer price index rose 8.6% in May from a year ago, the highest increase since December 1981. Core inflation excluding food and energy rose 6%. Both were higher than expected.</li><li>Surging food, gas and energy prices all contributed to the gain, with fuel oil up 106.7% over the past year.</li><li>Shelter costs, which comprise about one-third of the CPI, rose at the fastest 12-month pace in 31 years.</li><li>The rise in inflation meant workers lost more ground in May, with real wages declining 0.6% from April and 3% on a 12-month basis.</li></ul><p>Inflation accelerated further in May, with prices rising 8.6% from a year ago for the fastest increase since December 1981, the Bureau of Labor Statistics reported Friday.</p><p>The consumer price index, a wide-ranging measure of goods and services prices, increased even more than the 8.3% Dow Jones estimate. Excluding volatile food and energy prices, so-called core CPI was up 6%, slightly higher than the 5.9% estimate.</p><p>On a monthly basis, headline CPI was up 1% while core rose 0.6%, compared to respective estimates of 0.7% and 0.5%.</p><p>Surging shelter, gasoline and food prices all contributed to the increase.</p><p>Energy prices broadly rose 3.9% from a month ago, bringing the annual gain to 34.6%. Within the category, fuel oil posted a 16.9% monthly gain, pushing the 12-month surge to 106.7%.</p><p>Shelter costs, which account for about a one-third weighting on the CPI, rose 0.6% for the month, the fastest one-month gain since March 2004. The 5.5% 12-month gain is the most since February 1991.</p><p>Finally, food costs climbed another 1.2% in May, bringing the year-over-year gain to 10.1%.</p><p>Those escalating prices meant workers took another pay cut during the month. Real wages when accounting for inflation fell 0.6% in April, even though average hourly earnings rose 0.3%, according to a separate BLS release. On a 12-month basis, real average hourly earnings were down 3%.</p><p>Markets reacted negatively to the report, with stock futures indicating a sharply lower open on Wall Street and government bond yields rising.</p><p>“It’s hard to look at May’s inflation data and not be disappointed,” said Morning Consult chief economist John Leer. “We’re just not yet seeing any signs that we’re in the clear.”</p><p>Some of the biggest increases came in airfares (up 12.6% on the month), used cars and trucks (1.8%), and dairy products (2.9%). The vehicle costs had been considered a bellwether of the inflation surge and had been falling for the past three months, so the increase is a potentially ominous sign, as used vehicle prices are now up 16.1% over the past year. New vehicle prices rose 1% in May.</p><p>Friday’s numbers dented hopes that inflation may have peaked and adds to fears that the U.S. economy is nearing a recession.</p><p>The inflation report comes with the Federal Reserve in the early stages of a rate-hiking campaign to slow growth and bring down prices. May’s report likely solidifies the likelihood of multiple 50 basis point interest rate increases ahead.</p><p>“Obviously, nothing is good in this report,” said Julian Brigden, president of MI2 Partners, a global macroeconomic research firm. “There is nothing in there that’s going to give the Fed any cheer. ... I struggle to see how the Fed can back off.”</p><p>With 75 basis points of interest rate rises already under its belt, markets widely expect the Fed to continue tightening policy through the year and possibly into 2023. The central bank’s benchmark short-term borrowing rate is currently anchored around 0.75% -1% and is expected to rise to 2.75%-3% by the end of the year, according to CME Group estimates.</p><p>Inflation has been a political headache for the White House and President Joe Biden.</p><p>Administration officials pin most of the blame for the surge on supply chain issues related to the Covid pandemic, imbalances created by outsized demand for goods over services, and the Russian attack on Ukraine.</p><p>In a recent Wall Street Journal op-ed, Biden said he will push for further improvements to supply chains and continue efforts to bring down the budget deficit.</p><p>However, he and Treasury Secretary Janet Yellen both have emphasized that much of the responsibility for lowering inflation belongs to the Fed. The administration has largely denied that the trillions of dollars directed toward Covid aid played a major role.</p><p>How much the central bank will have to raise rates remains to be seen. Former Treasury Secretary Larry Summers recently released a white paper with a team of other economists that suggests the Fed will need to go further than many are anticipating. The paper asserts that the current inflation predicament is closer to the 1980s situation than it appears because of differences in the ways that CPI is computed then and now.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111306345","content_text":"KEY POINTSThe consumer price index rose 8.6% in May from a year ago, the highest increase since December 1981. Core inflation excluding food and energy rose 6%. Both were higher than expected.Surging food, gas and energy prices all contributed to the gain, with fuel oil up 106.7% over the past year.Shelter costs, which comprise about one-third of the CPI, rose at the fastest 12-month pace in 31 years.The rise in inflation meant workers lost more ground in May, with real wages declining 0.6% from April and 3% on a 12-month basis.Inflation accelerated further in May, with prices rising 8.6% from a year ago for the fastest increase since December 1981, the Bureau of Labor Statistics reported Friday.The consumer price index, a wide-ranging measure of goods and services prices, increased even more than the 8.3% Dow Jones estimate. Excluding volatile food and energy prices, so-called core CPI was up 6%, slightly higher than the 5.9% estimate.On a monthly basis, headline CPI was up 1% while core rose 0.6%, compared to respective estimates of 0.7% and 0.5%.Surging shelter, gasoline and food prices all contributed to the increase.Energy prices broadly rose 3.9% from a month ago, bringing the annual gain to 34.6%. Within the category, fuel oil posted a 16.9% monthly gain, pushing the 12-month surge to 106.7%.Shelter costs, which account for about a one-third weighting on the CPI, rose 0.6% for the month, the fastest one-month gain since March 2004. The 5.5% 12-month gain is the most since February 1991.Finally, food costs climbed another 1.2% in May, bringing the year-over-year gain to 10.1%.Those escalating prices meant workers took another pay cut during the month. Real wages when accounting for inflation fell 0.6% in April, even though average hourly earnings rose 0.3%, according to a separate BLS release. On a 12-month basis, real average hourly earnings were down 3%.Markets reacted negatively to the report, with stock futures indicating a sharply lower open on Wall Street and government bond yields rising.“It’s hard to look at May’s inflation data and not be disappointed,” said Morning Consult chief economist John Leer. “We’re just not yet seeing any signs that we’re in the clear.”Some of the biggest increases came in airfares (up 12.6% on the month), used cars and trucks (1.8%), and dairy products (2.9%). The vehicle costs had been considered a bellwether of the inflation surge and had been falling for the past three months, so the increase is a potentially ominous sign, as used vehicle prices are now up 16.1% over the past year. New vehicle prices rose 1% in May.Friday’s numbers dented hopes that inflation may have peaked and adds to fears that the U.S. economy is nearing a recession.The inflation report comes with the Federal Reserve in the early stages of a rate-hiking campaign to slow growth and bring down prices. May’s report likely solidifies the likelihood of multiple 50 basis point interest rate increases ahead.“Obviously, nothing is good in this report,” said Julian Brigden, president of MI2 Partners, a global macroeconomic research firm. “There is nothing in there that’s going to give the Fed any cheer. ... I struggle to see how the Fed can back off.”With 75 basis points of interest rate rises already under its belt, markets widely expect the Fed to continue tightening policy through the year and possibly into 2023. The central bank’s benchmark short-term borrowing rate is currently anchored around 0.75% -1% and is expected to rise to 2.75%-3% by the end of the year, according to CME Group estimates.Inflation has been a political headache for the White House and President Joe Biden.Administration officials pin most of the blame for the surge on supply chain issues related to the Covid pandemic, imbalances created by outsized demand for goods over services, and the Russian attack on Ukraine.In a recent Wall Street Journal op-ed, Biden said he will push for further improvements to supply chains and continue efforts to bring down the budget deficit.However, he and Treasury Secretary Janet Yellen both have emphasized that much of the responsibility for lowering inflation belongs to the Fed. The administration has largely denied that the trillions of dollars directed toward Covid aid played a major role.How much the central bank will have to raise rates remains to be seen. Former Treasury Secretary Larry Summers recently released a white paper with a team of other economists that suggests the Fed will need to go further than many are anticipating. The paper asserts that the current inflation predicament is closer to the 1980s situation than it appears because of differences in the ways that CPI is computed then and now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9955767886,"gmtCreate":1675777717346,"gmtModify":1675777723124,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/03690.SPO\">$03690.SPO(03690.SPO)$ </a>How to sell this free stock","listText":"<a href=\"https://ttm.financial/S/03690.SPO\">$03690.SPO(03690.SPO)$ </a>How to sell this free stock","text":"$03690.SPO(03690.SPO)$ How to sell this free stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955767886","isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928629438,"gmtCreate":1671268243324,"gmtModify":1676538517890,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Elon should just stop twittering. ","listText":"Elon should just stop twittering. ","text":"Elon should just stop twittering.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928629438","repostId":"2292004292","repostType":4,"isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184966452793352,"gmtCreate":1686197099197,"gmtModify":1686197346798,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"6 months ago when meta is like below 100. Analystsaid it was a trash stock. Oh well. ","listText":"6 months ago when meta is like below 100. Analystsaid it was a trash stock. Oh well. ","text":"6 months ago when meta is like below 100. Analystsaid it was a trash stock. Oh well.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184966452793352","repostId":"2341205384","repostType":2,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046849279,"gmtCreate":1656334686891,"gmtModify":1676535807772,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Bear bear ","listText":"Bear bear ","text":"Bear bear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046849279","repostId":"1130617326","repostType":4,"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947864503,"gmtCreate":1682939067002,"gmtModify":1682941085956,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"When Meta was below 100, all the analysts were saying Meta is trash. Well","listText":"When Meta was below 100, all the analysts were saying Meta is trash. Well","text":"When Meta was below 100, all the analysts were saying Meta is trash. Well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947864503","repostId":"2332464537","repostType":2,"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9058568130,"gmtCreate":1654865679520,"gmtModify":1676535524762,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Deep deep red","listText":"Deep deep red","text":"Deep deep red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058568130","repostId":"1111306345","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043350581,"gmtCreate":1655877313643,"gmtModify":1676535724260,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> i think it will be lower than 3500","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> i think it will be lower than 3500","text":"$S&P 500(.SPX)$ i think it will be lower than 3500","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043350581","isVote":1,"tweetType":1,"viewCount":736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049728232,"gmtCreate":1655852969226,"gmtModify":1676535715966,"author":{"id":"3572227144595771","authorId":"3572227144595771","name":"darrenwm","avatar":"https://community-static.tradeup.com/news/38eafb2ad6c6a2807d328f54b9131258","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572227144595771","authorIdStr":"3572227144595771"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049728232","repostId":"2245254247","repostType":4,"repost":{"id":"2245254247","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":1655852518,"share":"https://ttm.financial/m/news/2245254247?lang=&edition=fundamental","pubTime":"2022-06-22 07:01","market":"us","language":"en","title":"US STOCKS-Wall Street Gains Over 2% in Broad Rebound","url":"https://stock-news.laohu8.com/highlight/detail?id=2245254247","media":"Reuters","summary":"Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap grow","content":"<html><head></head><body><p>Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.</p><p>All 11 major S&P 500 sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.</p><p>Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.</p><p>"Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time," said Kristina Hooper, chief global market strategist at Invesco. "But I do think it is a good sign to see investor interest."</p><p>The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.</p><p>The energy sector, the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.</p><p>Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.</p><p>The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.</p><p>Investors are pivoting to Fed Chair Jerome Powell's testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.</p><p>Investors are "trying to read the tea leaves to see how aggressive the Fed is going to get," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. "That's a hard question to answer right now because they are going to see what happens to the inflation story."</p><p>Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.</p><p>In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.</p><p><a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.</p><p>About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Gains Over 2% in Broad Rebound</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Gains Over 2% in Broad Rebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-22 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.</p><p>All 11 major S&P 500 sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.</p><p>Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.</p><p>"Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time," said Kristina Hooper, chief global market strategist at Invesco. "But I do think it is a good sign to see investor interest."</p><p>The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.</p><p>The energy sector, the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.</p><p>Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.</p><p>The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.</p><p>Investors are pivoting to Fed Chair Jerome Powell's testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.</p><p>Investors are "trying to read the tea leaves to see how aggressive the Fed is going to get," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. "That's a hard question to answer right now because they are going to see what happens to the inflation story."</p><p>Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.</p><p>In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.</p><p><a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.</p><p>About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245254247","content_text":"Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.All 11 major S&P 500 sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.\"Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time,\" said Kristina Hooper, chief global market strategist at Invesco. \"But I do think it is a good sign to see investor interest.\"The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.The energy sector, the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.Investors are pivoting to Fed Chair Jerome Powell's testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.Investors are \"trying to read the tea leaves to see how aggressive the Fed is going to get,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"That's a hard question to answer right now because they are going to see what happens to the inflation story.\"Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.Spirit Airlines shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}