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Gabbitto
2022-04-24
$Tesla Motors(TSLA)$
Insane value
Gabbitto
2022-04-24
$Vanguard S&P 500 ETF(VOO)$
Painnn
Gabbitto
2022-04-22
$Palantir Technologies Inc.(PLTR)$
Good price point!
Gabbitto
2022-04-22
$Vanguard S&P 500 ETF(VOO)$
Ouchiee
Gabbitto
2022-04-19
$Tesla Motors(TSLA)$
Nice
Gabbitto
2022-04-19
$Tesla Motors(TSLA)$
Good stock
Gabbitto
2022-04-19
$Tesla Motors(TSLA)$
Revolutionary
Gabbitto
2022-04-19
$Vanguard S&P 500 ETF(VOO)$
Wah seh pain
Gabbitto
2022-04-16
$Tesla Motors(TSLA)$
Sweet
Gabbitto
2022-04-16
$Vanguard S&P 500 ETF(VOO)$
Ouchiee
Gabbitto
2022-04-15
$Tesla Motors(TSLA)$
Up up
Gabbitto
2022-04-13
$Tesla Motors(TSLA)$
Noice
Gabbitto
2022-04-12
$Tesla Motors(TSLA)$
Good
Gabbitto
2022-04-12
$Vanguard S&P 500 ETF(VOO)$
Whew
Gabbitto
2022-04-10
$Tesla Motors(TSLA)$
Up and away
Gabbitto
2022-04-10
$Vanguard S&P 500 ETF(VOO)$
Where
Gabbitto
2022-04-09
$Vanguard S&P 500 ETF(VOO)$
Whew
Gabbitto
2022-04-08
$Vanguard S&P 500 ETF(VOO)$
Noice
Gabbitto
2022-04-07
$Vanguard S&P 500 ETF(VOO)$
Ouch
Gabbitto
2022-04-06
$Vanguard S&P 500 ETF(VOO)$
Sick
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ETF(VOO)$Painnn","images":[{"img":"https://community-static.tradeup.com/news/ecc5a249529f0d52448f05fc65050b7e","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085478779","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":120059590,"gmtCreate":1624289402610,"gmtModify":1703832664855,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"Wah nice","listText":"Wah nice","text":"Wah nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/120059590","repostId":"1127414335","repostType":4,"repost":{"id":"1127414335","pubTimestamp":1624288763,"share":"https://ttm.financial/m/news/1127414335?lang=&edition=fundamental","pubTime":"2021-06-21 23:19","market":"us","language":"en","title":"Amazon's Stock Is Ready For The Next Leg Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1127414335","media":"seekingalpha","summary":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to con","content":"<p><b>Summary</b></p>\n<ul>\n <li>After a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.</li>\n <li>Amazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).</li>\n <li>The stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.</li>\n <li>Today, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>Amazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.</p>\n<p>The primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.</p>\n<p>After evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.</p>\n<p><b>The Tale Of A Year-Long Consolidation</b></p>\n<p>At BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.</p>\n<p>Here's our extensive research work on Amazon:</p>\n<ol>\n <li>Retail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth</li>\n <li>Amazon Web Services -Amazon: Here's What You Should Be Monitoring</li>\n <li>Digital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS</li>\n</ol>\n<p><img src=\"https://static.tigerbbs.com/86ef0b4ba9477ffe4662dd02b4a4fe56\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>Now, our modest buy ratings from last year have been justified. Amazon has underperformed the S&P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.</p>\n<p><img src=\"https://static.tigerbbs.com/450a291ce832606dc4568f5b000a234b\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>After rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.</p>\n<p><b>Why Is Amazon Ready To Move Higher?</b></p>\n<p>In Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:</p>\n<p><img src=\"https://static.tigerbbs.com/484d6ffb34aa711d2460f56878a19b30\" tg-width=\"640\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Amazon Q1 2021 Earnings Release</p>\n<p>With acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.</p>\n<p><img src=\"https://static.tigerbbs.com/4f684da9379808e65eb00bac24f21bd5\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>As you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).</p>\n<p><img src=\"https://static.tigerbbs.com/de1ec1d647bed5d59e91bdaa0535d25e\" tg-width=\"640\" tg-height=\"420\"></p>\n<p>Source: Amazon Q1 2021 Earnings Release</p>\n<p>Since 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.</p>\n<p><img src=\"https://static.tigerbbs.com/4f1ccee71f8675c6cabd16cf4e08733d\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>The massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.</p>\n<p><img src=\"https://static.tigerbbs.com/9c041f8732f0e9557d632f4bc3444b54\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>Amazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.</p>\n<p><img src=\"https://static.tigerbbs.com/c6b99e2dd54b3885cd7542d213be0429\" tg-width=\"640\" tg-height=\"635\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Seeking Alpha</p>\n<p>I believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.</p>\n<p><b>Fair Value And Expected Returns</b></p>\n<p>To determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:</p>\n<ul>\n <li><p>In step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.</p></li>\n <li><p>In step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).</p></li>\n <li><p>In step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.</p></li>\n</ul>\n<p>With massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.</p>\n<p><b>Assumptions:</b></p>\n<p><img src=\"https://static.tigerbbs.com/82136b2cd82ebf242b95eb6d17e2f4b1\" tg-width=\"620\" tg-height=\"538\"></p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/50a3cb8964e421080c530abc1b3d62bf\" tg-width=\"603\" tg-height=\"729\">Source: L.A. Stevens Valuation Model</p>\n<p>As per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.</p>\n<p>To calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.</p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/1fb09f1799ac5ea2741e204766b4df3c\" tg-width=\"605\" tg-height=\"429\">Source: L.A. Stevens Valuation Model</p>\n<p>As you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.</p>\n<p><b>Risks</b></p>\n<ul>\n <li>Amazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.</li>\n <li>Furthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.</li>\n <li>Since Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.</li>\n <li>In the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.</li>\n <li>For the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.</li>\n <li>Also, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.</li>\n <li>Amazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.</li>\n <li>The healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.</li>\n</ul>\n<p><b>Concluding Thoughts</b></p>\n<p>Amazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.</p>\n<p>In the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.</p>\n<p>Key Takeaway: I rate Amazon a buy at $3,400.</p>\n<p>Thanks for reading, remember to follow for more, and happy investing!</p>","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>Amazon's Stock Is Ready For The Next Leg Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's Stock Is Ready For The Next Leg Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 23:19 GMT+8 <a href=https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127414335","content_text":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).\nThe stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.\nToday, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.\n\nInvestment Thesis\nAmazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.\nThe primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.\nAfter evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.\nThe Tale Of A Year-Long Consolidation\nAt BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.\nHere's our extensive research work on Amazon:\n\nRetail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth\nAmazon Web Services -Amazon: Here's What You Should Be Monitoring\nDigital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS\n\nSource: YCharts\nNow, our modest buy ratings from last year have been justified. Amazon has underperformed the S&P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.\n\nSource: YCharts\nAfter rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.\nWhy Is Amazon Ready To Move Higher?\nIn Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:\n\nSource:Amazon Q1 2021 Earnings Release\nWith acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.\n\nSource: YCharts\nAs you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).\n\nSource: Amazon Q1 2021 Earnings Release\nSince 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.\nSource: YCharts\nThe massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.\n\nSource: YCharts\nAmazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.\n\nSource:Seeking Alpha\nI believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.\nFair Value And Expected Returns\nTo determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:\n\nIn step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.\nIn step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).\nIn step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.\n\nWith massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.\nAssumptions:\n\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.\nTo calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.\nRisks\n\nAmazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.\nFurthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.\nSince Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.\nIn the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.\nFor the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.\nAlso, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.\nAmazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.\nThe healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.\n\nConcluding Thoughts\nAmazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.\nIn the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.\nKey Takeaway: I rate Amazon a buy at $3,400.\nThanks for reading, remember to follow for more, and happy investing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9036611838,"gmtCreate":1647058203439,"gmtModify":1676534192555,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"Ha","listText":"Ha","text":"Ha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036611838","repostId":"1138656884","repostType":4,"repost":{"id":"1138656884","pubTimestamp":1647042534,"share":"https://ttm.financial/m/news/1138656884?lang=&edition=fundamental","pubTime":"2022-03-12 07:48","market":"other","language":"en","title":"Australian Shares Weekly Review: Stagflation Fears Force Share Market Into Retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=1138656884","media":"smallcaps","summary":"Australian shares wilted in the face of potential stagflation as price growth in the United States h","content":"<html><head></head><body><p>Australian shares wilted in the face of potential stagflation as price growth in the United States hit a 40 year high.</p><p>The US inflation figures saw the February numbers hit a staggering 7.9% annual rate, with worse to come as the spike in commodity prices due to wide-ranging sanctions against Russia will be reflected even more strongly in the next figures.</p><p>That brings stagflation into the realm of possibilities with rising costs against stagnant economic growth a potential scenario if US CPI passes an annualised 9%.</p><p><b>Market starts higher but is swamped by bad news</b></p><p>After starting higher, the ASX 200 dropped 0.9%, or 67.2 points to 7063.6 points on Friday after the highest US inflation since 1982 with the rising costs also putting intense pressure on the US Federal Reserve to act swiftly to raise official interest rates.</p><p>Technology shares were hit particularly hard with the local stocks chasing a plunging NASDAQ to close down 3.2% on Friday – a fall of more than 20% so far this year.</p><p>The only shares that showed some resilience in the face of determined selling were those that stand to benefit from rising prices – those in the utilities, materials and energy sectors.</p><p><b>Market down on interest rate expectations and slowing economy</b></p><p>Australian investors now need to really take notice of Reserve Bank governor Dr Philip Lowe’s warning to prepare for rising interest rates at the same time as the price of living and commodities is rising sharply and economic growth could be weakening.</p><p>While there were some good days during the week, by the Friday close the ASX200 index was down 0.7% for the week, with the telco sector down 1.6% for the week and down for nine of the last ten weeks.</p><p>On top of the Ukraine war and US inflation caused volatility, there was also some company specific news pushing stock prices around.</p><p><b>Breville gets negative jolt from more coffee</b></p><p>Shares in appliance manufacturer and distributor Breville (ASX: BRG)fell 2.7% to $26.24 after it announced the $170 million acquisition of Italian upmarket coffee machine maker LELIT.</p><p>The acquisition is meant to strengthen Breville’s standing in the coffee market and will be funded on a cash and debt-free basis, with half of the payment in cash and the other half in scrip.</p><p>That potential dilution gave investors an unpleasant jolt despite the potential positives of the acquisition.</p><p><b>Crazy nickel prices end Nickel Mines’ SPP</b></p><p>In other newsNickel Mines (ASX: NIC)responded to crazy trading in the nickel market by announcing the immediate withdrawal of its share purchase plan (SPP).</p><p>The nickel miner said that “applications have far exceeded” the target of $18 million, with $57 million of applications already arriving for new shares.</p><p>There has been some crazy nickel trading on the London Metals Exchange after Xiang “Big Shot”” Guangda’s Tsingshan Holding Group was caught out with some massive short positions on nickel.</p><p>Despite being the world’s biggest nickel producer, the group’s short positions were overtaken by a massive nickel price surge as Russia’s invasion of Ukraine pushed up prices.</p><p>Nickel prices zoomed to a record high above $136,000 a tonne during the week and trading was suspended, causing havoc for other nickel stocks too including Nickel Mines as their share purchase plan was swamped.</p><p>Nickel will continue to be interesting with no clarity on whether Tsingshan’s remaining short positions will remain or be traded.</p><p><b>Zip’s share price falls below SPP</b></p><p>Another share purchase plan causing interest was one by buy now pay later groupZip Co (ASX: Z1P), with shares closing down 7.6% after it announced plans to raise about $50 million through the SPP.</p><p>The SPP come after Zip raised $148.7 million at the $1.90 issue price from institutional investors but this price was set at a 2% discount to the volume-weighted-average-price of Zip shares during the five trading days up to 1 April this year.</p><p>With the stock last trading at $1.58, shareholders would be better off buying on market than through the SPP as Zip shares follow technology stocks south.</p><p>In other news Virtus Health (ASX: VRT)shares entered a trading halt after the fertility clinic operator foreshadowed an announcement “in relation to ongoing matters pertaining to proposals to acquire Virtus Health”.</p><p><b>Small cap stock action</b></p><p>The Small Ords index fell 0.66% this week to 3179.7 points.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/421d9bd96a2a3370333d54cd1444e662\" tg-width=\"640\" tg-height=\"214\" referrerpolicy=\"no-referrer\"/><span>ASX 200 vs Small Ords</span></p><p>Small cap companies making headlines this week were:</p><p><b>Incannex Healthcare (ASX: IHL)</b></p><p>Preliminary results from a phase 2 clinical trial investigating Incannex Healthcare’s novel cannabinoid IHL-42X drug has shown itcan reduce disease severity in obstructive sleep apnoea(OSA).</p><p>The phase 2 proof of concept trial was conducted at the University of Western Australia’s Centre for Sleep Science and Victoria’s The Alfred Hospital.</p><p>Three doses of IHL-42X and a placebo were assessed, with results demonstrating up to 91.5% reduction in the severity of OSA with one particular dosage of IHL-42X.</p><p><b>92 Energy (ASX: 92E)</b></p><p>Elevated uranium was intersected in the first three holes of 92 Energy’s winter drilling program at its Gemini Mineralised Zone (GMZ) uranium discovery, within its Gemini project, which is 27km from the McArthur River uranium mine in Saskatchewan, Canada.</p><p>92 Energy plans to complete 6,600m of drilling at the project, with one of the first three holes unearthing 14m of composite elevated radioactivity.</p><p>The GMZ zone is open in all directions and was first discovered last year after drilling uncovered 5.5m at 0.12% uranium.</p><p><b>Live Verdure (ASX: LV1)</b></p><p>Live Verdure is preparing tolaunch the first four hemp-based skincare products under its 8 Seeds brand in the September quarterof this year.</p><p>The initial hemp-based skincare products comprise a daily hydrating facial moisturiser with SPF, facial serum, cleansing oil and body repair crème.</p><p>A further nine products are under development across two ranges. The Derma range is harnessing the anti-inflammatory properties of hemp to target common skin conditions such as acne, eczema, psoriasis and rosacea.</p><p>The second range is non-irritating and anti-inflammatory for people with sensitive skin. Products from these two ranges will be rolled-out after the initial four have been launched.</p><p><b>Investigator Resources (ASX: IVR)</b></p><p>Follow updrilling has kicked-off at targets close to Investigator Resources’ Paris silver projectin South Australia to build on the project’s current resource of 18.8Mt at 88g/t silver and 0.52% lead for 53.1Moz of silver and 97,600t of lead.</p><p>A 6,750m program for 51-holes has been planned and will focus on six prospects – Ares, Apollo, Helen East, Uno-Morgans, Diomedes and Ajax.</p><p>The current program is following up on previous drilling and surveys across the prospects that returned silver, gold, lead and zinc.</p><p><b>Eclipse Metals (ASX: EPM)</b></p><p>Rare earths, precious and base metals have all been identified ingrab samples from Eclipse Metals’ Ivittuut projectin Greenland.</p><p>The grab samples were collected from the Ivigtut and Gronnedal-Ika prospects within the project and Eclipse now has interim laboratory results from nine of the samples.</p><p>Rare earths were identified in grades up to 0.62% lanthanum, 10% cerium, 0.10% praseodymium, 0.82% neodymium, 0.10% samarium, 0.10% gadolinium, and 0.86% yttrium at Gronnedal-Ika.</p><p>While at the Ivigtut mine dumps samples assayed up to 165g/t silver, 0.14% copper, 3.83% lead and 0.37% zinc.</p><p><b>Leigh Creek (ASX: LCK)</b></p><p>South Australia’s Department of Energy and Mining has granted approval to Leigh Creek for construction to begin at its Leigh Creek urea project in the state.</p><p>Leigh Creek managing director Phil Stavely said the company now looked forward to starting construction activities at the project site.</p><p>“We expect preliminary preparatory work to commence next week.”</p><p>This approval specifically relates to shallow investigation drilling, which will provide geological, geotechnical and environmental information for the urea project’s stage one and stage two designs.</p><p>From its Leigh Creek project, the company plans to develop the only fully integrated urea production facility in Australia with all inputs for low carbon urea production on site.</p><p><b>Lunnon Metals (ASX: LM8)</b></p><p>Lunnon Metals has unearthednickel sulphides again in the latest hole at the Warren target, which is part of the historical Foster mine within its wider Kambalda nickel project in WA.</p><p>This hole was wedging off the parent hole and hit nickel sulphides about 20m up-dip of the parent hole – exactly at the depth predicted by the down hole electromagnetic survey.</p><p>The company’s drilling program at Warren aims to demonstrate it hosts a separate nickel mineralised channel in its own right with the potential to have “substantially more” than the current 6,400t of metal.</p><p><b>The week ahead</b></p><p>The Russian invasion of Ukraine and retaliatory sanctions on Russia will continue to boost share market volatility this week.</p><p>Add to that a US Federal Reserve announcement on Wednesday of an interest rate rise on the back of flying inflation readings and you have the main ingredients for a very topsy turvy week in prospect.</p><p>While they are the two biggest market movers to keep an eye on, there are a host of other things to consider with the biggest in Australia probably the jobs figures on Thursday.</p><p>Expectations are that up to 40,000 jobs will have been added in February.</p><p>Other local releases to watch out for include consumer confidence, Reserve Bank board meeting minutes and figures on our very weak population growth.</p><p>Overseas, other than the US Fed announcement there are US releases on housing, retail sales and manufacturing while Chinese numbers on new house prices, retail sales and investment will also add colour to what is happening inside the giant country.</p></body></html>","source":"lsy1646436655885","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>Australian Shares Weekly Review: Stagflation Fears Force Share Market Into Retreat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nAustralian Shares Weekly Review: Stagflation Fears Force Share Market Into Retreat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-12 07:48 GMT+8 <a href=https://smallcaps.com.au/stagflation-fears-share-market-retreat-weekly-review/><strong>smallcaps</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Australian shares wilted in the face of potential stagflation as price growth in the United States hit a 40 year high.The US inflation figures saw the February numbers hit a staggering 7.9% annual ...</p>\n\n<a href=\"https://smallcaps.com.au/stagflation-fears-share-market-retreat-weekly-review/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EPM.AU":"ECLIPSE METALS LTD","NIC.AU":"Nickel Industries Ltd","LM8.AU":"Lunnon Metals Limited","IVR.AU":"INVESTIGATOR RESOURCES LTD","LCK.AU":"Leigh Creek Energy","92E.AU":"Energy Ltd","LV1.AU":"LIVE VERDURE LTD","IHL.AU":"INCANNEX HEALTHCARE LIMITED","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","BRG.AU":"BREVILLE GROUP LTD","XKO.AU":"标普/澳交所 300指数"},"source_url":"https://smallcaps.com.au/stagflation-fears-share-market-retreat-weekly-review/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138656884","content_text":"Australian shares wilted in the face of potential stagflation as price growth in the United States hit a 40 year high.The US inflation figures saw the February numbers hit a staggering 7.9% annual rate, with worse to come as the spike in commodity prices due to wide-ranging sanctions against Russia will be reflected even more strongly in the next figures.That brings stagflation into the realm of possibilities with rising costs against stagnant economic growth a potential scenario if US CPI passes an annualised 9%.Market starts higher but is swamped by bad newsAfter starting higher, the ASX 200 dropped 0.9%, or 67.2 points to 7063.6 points on Friday after the highest US inflation since 1982 with the rising costs also putting intense pressure on the US Federal Reserve to act swiftly to raise official interest rates.Technology shares were hit particularly hard with the local stocks chasing a plunging NASDAQ to close down 3.2% on Friday – a fall of more than 20% so far this year.The only shares that showed some resilience in the face of determined selling were those that stand to benefit from rising prices – those in the utilities, materials and energy sectors.Market down on interest rate expectations and slowing economyAustralian investors now need to really take notice of Reserve Bank governor Dr Philip Lowe’s warning to prepare for rising interest rates at the same time as the price of living and commodities is rising sharply and economic growth could be weakening.While there were some good days during the week, by the Friday close the ASX200 index was down 0.7% for the week, with the telco sector down 1.6% for the week and down for nine of the last ten weeks.On top of the Ukraine war and US inflation caused volatility, there was also some company specific news pushing stock prices around.Breville gets negative jolt from more coffeeShares in appliance manufacturer and distributor Breville (ASX: BRG)fell 2.7% to $26.24 after it announced the $170 million acquisition of Italian upmarket coffee machine maker LELIT.The acquisition is meant to strengthen Breville’s standing in the coffee market and will be funded on a cash and debt-free basis, with half of the payment in cash and the other half in scrip.That potential dilution gave investors an unpleasant jolt despite the potential positives of the acquisition.Crazy nickel prices end Nickel Mines’ SPPIn other newsNickel Mines (ASX: NIC)responded to crazy trading in the nickel market by announcing the immediate withdrawal of its share purchase plan (SPP).The nickel miner said that “applications have far exceeded” the target of $18 million, with $57 million of applications already arriving for new shares.There has been some crazy nickel trading on the London Metals Exchange after Xiang “Big Shot”” Guangda’s Tsingshan Holding Group was caught out with some massive short positions on nickel.Despite being the world’s biggest nickel producer, the group’s short positions were overtaken by a massive nickel price surge as Russia’s invasion of Ukraine pushed up prices.Nickel prices zoomed to a record high above $136,000 a tonne during the week and trading was suspended, causing havoc for other nickel stocks too including Nickel Mines as their share purchase plan was swamped.Nickel will continue to be interesting with no clarity on whether Tsingshan’s remaining short positions will remain or be traded.Zip’s share price falls below SPPAnother share purchase plan causing interest was one by buy now pay later groupZip Co (ASX: Z1P), with shares closing down 7.6% after it announced plans to raise about $50 million through the SPP.The SPP come after Zip raised $148.7 million at the $1.90 issue price from institutional investors but this price was set at a 2% discount to the volume-weighted-average-price of Zip shares during the five trading days up to 1 April this year.With the stock last trading at $1.58, shareholders would be better off buying on market than through the SPP as Zip shares follow technology stocks south.In other news Virtus Health (ASX: VRT)shares entered a trading halt after the fertility clinic operator foreshadowed an announcement “in relation to ongoing matters pertaining to proposals to acquire Virtus Health”.Small cap stock actionThe Small Ords index fell 0.66% this week to 3179.7 points.ASX 200 vs Small OrdsSmall cap companies making headlines this week were:Incannex Healthcare (ASX: IHL)Preliminary results from a phase 2 clinical trial investigating Incannex Healthcare’s novel cannabinoid IHL-42X drug has shown itcan reduce disease severity in obstructive sleep apnoea(OSA).The phase 2 proof of concept trial was conducted at the University of Western Australia’s Centre for Sleep Science and Victoria’s The Alfred Hospital.Three doses of IHL-42X and a placebo were assessed, with results demonstrating up to 91.5% reduction in the severity of OSA with one particular dosage of IHL-42X.92 Energy (ASX: 92E)Elevated uranium was intersected in the first three holes of 92 Energy’s winter drilling program at its Gemini Mineralised Zone (GMZ) uranium discovery, within its Gemini project, which is 27km from the McArthur River uranium mine in Saskatchewan, Canada.92 Energy plans to complete 6,600m of drilling at the project, with one of the first three holes unearthing 14m of composite elevated radioactivity.The GMZ zone is open in all directions and was first discovered last year after drilling uncovered 5.5m at 0.12% uranium.Live Verdure (ASX: LV1)Live Verdure is preparing tolaunch the first four hemp-based skincare products under its 8 Seeds brand in the September quarterof this year.The initial hemp-based skincare products comprise a daily hydrating facial moisturiser with SPF, facial serum, cleansing oil and body repair crème.A further nine products are under development across two ranges. The Derma range is harnessing the anti-inflammatory properties of hemp to target common skin conditions such as acne, eczema, psoriasis and rosacea.The second range is non-irritating and anti-inflammatory for people with sensitive skin. Products from these two ranges will be rolled-out after the initial four have been launched.Investigator Resources (ASX: IVR)Follow updrilling has kicked-off at targets close to Investigator Resources’ Paris silver projectin South Australia to build on the project’s current resource of 18.8Mt at 88g/t silver and 0.52% lead for 53.1Moz of silver and 97,600t of lead.A 6,750m program for 51-holes has been planned and will focus on six prospects – Ares, Apollo, Helen East, Uno-Morgans, Diomedes and Ajax.The current program is following up on previous drilling and surveys across the prospects that returned silver, gold, lead and zinc.Eclipse Metals (ASX: EPM)Rare earths, precious and base metals have all been identified ingrab samples from Eclipse Metals’ Ivittuut projectin Greenland.The grab samples were collected from the Ivigtut and Gronnedal-Ika prospects within the project and Eclipse now has interim laboratory results from nine of the samples.Rare earths were identified in grades up to 0.62% lanthanum, 10% cerium, 0.10% praseodymium, 0.82% neodymium, 0.10% samarium, 0.10% gadolinium, and 0.86% yttrium at Gronnedal-Ika.While at the Ivigtut mine dumps samples assayed up to 165g/t silver, 0.14% copper, 3.83% lead and 0.37% zinc.Leigh Creek (ASX: LCK)South Australia’s Department of Energy and Mining has granted approval to Leigh Creek for construction to begin at its Leigh Creek urea project in the state.Leigh Creek managing director Phil Stavely said the company now looked forward to starting construction activities at the project site.“We expect preliminary preparatory work to commence next week.”This approval specifically relates to shallow investigation drilling, which will provide geological, geotechnical and environmental information for the urea project’s stage one and stage two designs.From its Leigh Creek project, the company plans to develop the only fully integrated urea production facility in Australia with all inputs for low carbon urea production on site.Lunnon Metals (ASX: LM8)Lunnon Metals has unearthednickel sulphides again in the latest hole at the Warren target, which is part of the historical Foster mine within its wider Kambalda nickel project in WA.This hole was wedging off the parent hole and hit nickel sulphides about 20m up-dip of the parent hole – exactly at the depth predicted by the down hole electromagnetic survey.The company’s drilling program at Warren aims to demonstrate it hosts a separate nickel mineralised channel in its own right with the potential to have “substantially more” than the current 6,400t of metal.The week aheadThe Russian invasion of Ukraine and retaliatory sanctions on Russia will continue to boost share market volatility this week.Add to that a US Federal Reserve announcement on Wednesday of an interest rate rise on the back of flying inflation readings and you have the main ingredients for a very topsy turvy week in prospect.While they are the two biggest market movers to keep an eye on, there are a host of other things to consider with the biggest in Australia probably the jobs figures on Thursday.Expectations are that up to 40,000 jobs will have been added in February.Other local releases to watch out for include consumer confidence, Reserve Bank board meeting minutes and figures on our very weak population growth.Overseas, other than the US Fed announcement there are US releases on housing, retail sales and manufacturing while Chinese numbers on new house prices, retail sales and investment will also add colour to what is happening inside the giant country.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372686177,"gmtCreate":1619201455999,"gmtModify":1704721237207,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VOO\">$Vanguard S&P 500 ETF(VOO)$</a>huat ah ","listText":"<a href=\"https://laohu8.com/S/VOO\">$Vanguard S&P 500 ETF(VOO)$</a>huat ah ","text":"$Vanguard S&P 500 ETF(VOO)$huat 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sell?","images":[{"img":"https://static.tigerbbs.com/e9c1ba77d66eb453da47d45b0ee7bd2b","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/199060923","isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":897419723,"gmtCreate":1628956251162,"gmtModify":1676529899766,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>amazing ","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>amazing ","text":"$ARK Innovation 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10:40","market":"us","language":"en","title":"Reddit Trading Group WallStreetBets Goes Private: Where Will Retail Traders Go Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2148080748","media":"Benzinga","summary":"Reddit group r/WallStreetBets (WSB) has closed its doors and is now a private-only community.\nWhat H","content":"<p>Reddit group r/WallStreetBets (WSB) has closed its doors and is now a private-only community.</p>\n<p><b>What Happened:</b> Only users who moderators have approved will be able to view the page and take part in discussions.</p>\n<p><b>Why This Matters: </b>WallStreetBets is the group that initiated the mega <b>GameStop Corp</b> (NYSE: GME) short squeeze at the end of January. They managed to drive the price of GameStop to over $400 while causing massive damage to hedge funds that shorted it, such as Melvin Capital.</p>\n<p>WSB stood together while brokerages like Robinhood (which recently filed for an IPO) banned buying “meme stocks” and driving fear in the market. Coining the phrase “Diamond Hands,” the group has managed to rally together all retail traders who took up trading during last year’s lockdown.</p>\n<p>More recently, the group had pushed <b>AMC Entertainment Holdings Inc</b> (NYSE: AMC) to over $70 in the middle of June.</p>\n<p>Before this shutdown, WallStreetBets had over 10 million members.</p>\n<p><b>What’s Next:</b> Previous members of WallStreetBets will need a new place to go to discourse various trading ideas. One platform that could take advantage of the recent influx of homeless traders is <b>Discord</b>.</p>\n<p>Discord is a platform that many traders have already joined, and many trading groups already exist, such as Atlas Trading and StockVIP, both with over 200,000 members.</p>\n<p>Discord has gotten <b>multiple offers</b> for their platform, including a $10 billion bid from <b>Microsoft Corp</b> (NASDAQ: MSFT).</p>","source":"yahoofinance","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>Reddit Trading Group WallStreetBets Goes Private: Where Will Retail Traders Go Now?</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\">\nReddit Trading Group WallStreetBets Goes Private: Where Will Retail Traders Go Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 10:40 GMT+8 <a href=https://finance.yahoo.com/news/reddit-trading-group-wallstreetbets-goes-184031268.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Reddit group r/WallStreetBets (WSB) has closed its doors and is now a private-only community.\nWhat Happened: Only users who moderators have approved will be able to view the page and take part in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/reddit-trading-group-wallstreetbets-goes-184031268.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/reddit-trading-group-wallstreetbets-goes-184031268.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148080748","content_text":"Reddit group r/WallStreetBets (WSB) has closed its doors and is now a private-only community.\nWhat Happened: Only users who moderators have approved will be able to view the page and take part in discussions.\nWhy This Matters: WallStreetBets is the group that initiated the mega GameStop Corp (NYSE: GME) short squeeze at the end of January. They managed to drive the price of GameStop to over $400 while causing massive damage to hedge funds that shorted it, such as Melvin Capital.\nWSB stood together while brokerages like Robinhood (which recently filed for an IPO) banned buying “meme stocks” and driving fear in the market. Coining the phrase “Diamond Hands,” the group has managed to rally together all retail traders who took up trading during last year’s lockdown.\nMore recently, the group had pushed AMC Entertainment Holdings Inc (NYSE: AMC) to over $70 in the middle of June.\nBefore this shutdown, WallStreetBets had over 10 million members.\nWhat’s Next: Previous members of WallStreetBets will need a new place to go to discourse various trading ideas. One platform that could take advantage of the recent influx of homeless traders is Discord.\nDiscord is a platform that many traders have already joined, and many trading groups already exist, such as Atlas Trading and StockVIP, both with over 200,000 members.\nDiscord has gotten multiple offers for their platform, including a $10 billion bid from Microsoft Corp (NASDAQ: MSFT).","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199544306,"gmtCreate":1620722231705,"gmtModify":1704347306841,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>oh boiyyy ","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>oh boiyyy ","text":"$ARK Innovation ETF(ARKK)$oh boiyyy","images":[{"img":"https://static.tigerbbs.com/ce379a8343f790505347136f8afe255b","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/199544306","isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":350431358,"gmtCreate":1616249201674,"gmtModify":1704792465606,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"Thanks you ","listText":"Thanks you ","text":"Thanks you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350431358","repostId":"1117450855","repostType":4,"repost":{"id":"1117450855","pubTimestamp":1616166767,"share":"https://ttm.financial/m/news/1117450855?lang=&edition=fundamental","pubTime":"2021-03-19 23:12","market":"us","language":"en","title":"Powell says Fed will keep supporting economy ‘for as long as it takes’","url":"https://stock-news.laohu8.com/highlight/detail?id=1117450855","media":"marketwatch","summary":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o","content":"<blockquote>\n <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b>\n</blockquote>\n<p>Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p>\n<p>In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p>\n<p>“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p>\n<p>Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p>\n<p>The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p>\n<p>With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p>\n<p>In the op-ed, Powell said the situation “is much improved.”</p>\n<p>“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p>\n<p>“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p>\n<p>On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p>\n<p>The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p>\n<p>Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p>\n<p>Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell says Fed will keep supporting economy ‘for as long as it takes’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell says Fed will keep supporting economy ‘for as long as it takes’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 23:12 GMT+8 <a href=https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” ...</p>\n\n<a href=\"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117450855","content_text":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”\nIn an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.\n“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.\nPowell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.\nThe central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.\nWith economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.\nIn the op-ed, Powell said the situation “is much improved.”\n“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.\n“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.\nOn Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.\nThe Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.\nYields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.\nStocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011173183,"gmtCreate":1648848340844,"gmtModify":1676534408110,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&P 500 ETF(VOO)$</a>Swee swee","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&P 500 ETF(VOO)$</a>Swee swee","text":"$Vanguard S&P 500 ETF(VOO)$Swee swee","images":[{"img":"https://community-static.tradeup.com/news/1d340dbcf1738d8604c8d65ef837a5b4","width":"750","height":"2207"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011173183","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9092123614,"gmtCreate":1644558168442,"gmtModify":1676533941146,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092123614","repostId":"1164692162","repostType":4,"repost":{"id":"1164692162","pubTimestamp":1644556541,"share":"https://ttm.financial/m/news/1164692162?lang=&edition=fundamental","pubTime":"2022-02-11 13:15","market":"us","language":"en","title":"Qualcomm invests in the European metaverse","url":"https://stock-news.laohu8.com/highlight/detail?id=1164692162","media":"Telecoms","summary":"US mobile chip giant Qualcomm reckons Europeans need a big dose of extended reality so it’s opening ","content":"<html><head></head><body><p>US mobile chip giant Qualcomm reckons Europeans need a big dose of extended reality so it’s opening six new labs across the continent.</p><p><img src=\"https://static.tigerbbs.com/782bda5278d01670d43ebfcfd5a59818\" tg-width=\"770\" tg-height=\"285\" width=\"100%\" height=\"auto\"/></p><p>Qualcomm has been trying to coin the term ‘XR’ for years, in an apparent attempt to conflate augmented reality, virtual reality and whichever other attempts to improve on mother nature the tech sector dreams up. The X signifies ‘extended’ and was presumably chosen because it’s a bit less dystopian than ‘optimised’ or ‘better’.</p><p>Improving reality requires a lot of shiny tech kit, which in turn needs chips to work, you see, so Qualcomm is keen to stake its claim as early as possible. Europe already has a thriving AR/VR community, we’re told, so it makes sense for Qualcomm to open XR labs in six cities across the continent. It’s not ready to say which ones yet, however, which makes you wonder why it didn’t just delay this announcement until it was.</p><p>“The opportunities for XR are significant,” said Enrico Salvatori, President of Qualcomm Europe. “Combine that with Europe’s rich R&D and leadership in XR and we see the XR labs in Europe as being a big contributor to XR development worldwide. Brilliant minds are already working at speed to realise our vision of XR and bring a plethora of revolutionary experiences to everyone from consumers, healthcare and industrial. These labs join our already significant R&D presence in Europe.”</p><p>“A new era of spatial computing is upon us and working behind the scenes on a new generation of experiences has been inspirational,” said Hugo Swart, GM of XR at Qualcomm. “Bringing XR to life for consumers and the enterprise is our mission and we are strengthening that commitment with the XR Labs in Europe. These labs will be the key to building out our XR portfolio which encompasses best-in-class platforms, software and innovative technology features and to make it available to all developers helping to build out the metaverse through Snapdragon Spaces. We cannot wait for everyone to see what is next.”</p><p>It looks like the metaverse is a buzzword we’re stuck with for the foreseeable future and we seem to be at the start of a dotcom bubble-like land grab around it right now. Everyone’s banging on about things like NFTs and general virtual mucking about. It remains to be seen how much appetite there is for strapping a screen to your face instead of, say, just going to the pub, but if there is one Qualcomm is determined to be well placed to exploit it.</p></body></html>","source":"lsy1644556513773","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>Qualcomm invests in the European metaverse</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\">\nQualcomm invests in the European metaverse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-11 13:15 GMT+8 <a href=https://telecoms.com/513411/qualcomm-invests-in-the-european-metaverse/><strong>Telecoms</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US mobile chip giant Qualcomm reckons Europeans need a big dose of extended reality so it’s opening six new labs across the continent.Qualcomm has been trying to coin the term ‘XR’ for years, in an ...</p>\n\n<a href=\"https://telecoms.com/513411/qualcomm-invests-in-the-european-metaverse/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通"},"source_url":"https://telecoms.com/513411/qualcomm-invests-in-the-european-metaverse/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164692162","content_text":"US mobile chip giant Qualcomm reckons Europeans need a big dose of extended reality so it’s opening six new labs across the continent.Qualcomm has been trying to coin the term ‘XR’ for years, in an apparent attempt to conflate augmented reality, virtual reality and whichever other attempts to improve on mother nature the tech sector dreams up. The X signifies ‘extended’ and was presumably chosen because it’s a bit less dystopian than ‘optimised’ or ‘better’.Improving reality requires a lot of shiny tech kit, which in turn needs chips to work, you see, so Qualcomm is keen to stake its claim as early as possible. Europe already has a thriving AR/VR community, we’re told, so it makes sense for Qualcomm to open XR labs in six cities across the continent. It’s not ready to say which ones yet, however, which makes you wonder why it didn’t just delay this announcement until it was.“The opportunities for XR are significant,” said Enrico Salvatori, President of Qualcomm Europe. “Combine that with Europe’s rich R&D and leadership in XR and we see the XR labs in Europe as being a big contributor to XR development worldwide. Brilliant minds are already working at speed to realise our vision of XR and bring a plethora of revolutionary experiences to everyone from consumers, healthcare and industrial. These labs join our already significant R&D presence in Europe.”“A new era of spatial computing is upon us and working behind the scenes on a new generation of experiences has been inspirational,” said Hugo Swart, GM of XR at Qualcomm. “Bringing XR to life for consumers and the enterprise is our mission and we are strengthening that commitment with the XR Labs in Europe. These labs will be the key to building out our XR portfolio which encompasses best-in-class platforms, software and innovative technology features and to make it available to all developers helping to build out the metaverse through Snapdragon Spaces. We cannot wait for everyone to see what is next.”It looks like the metaverse is a buzzword we’re stuck with for the foreseeable future and we seem to be at the start of a dotcom bubble-like land grab around it right now. Everyone’s banging on about things like NFTs and general virtual mucking about. It remains to be seen how much appetite there is for strapping a screen to your face instead of, say, just going to the pub, but if there is one Qualcomm is determined to be well placed to exploit it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883727071,"gmtCreate":1631275824893,"gmtModify":1676530516074,"author":{"id":"3572354414833798","authorId":"3572354414833798","name":"Gabbitto","avatar":"https://static.tigerbbs.com/e0311f1ab7f64f872e04022665866752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572354414833798","authorIdStr":"3572354414833798"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Ouch","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Ouch","text":"$ARK Innovation 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