Chunfai92 personal page - To The Moon

Chunfai92

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2021-07-27

Yes Tesla keep going. And pls help me like

Tesla sales surge 98%; company boosts margins on its less-costly electric cars

2021-09-23

Nice post and thanks for sharing

4 Unstoppable Investments That Can Send Your Portfolio to the Moon

2021-07-19

Noted thanks for the sharing. Pls help me like too[Smile]

Why automakers are closing this loophole in your car lease

2021-09-14

Jump to the moon

Sorry, the original content has been removed

2021-08-12

Thanks for sharing

A Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty

2021-07-28

Nice and thanks for sharing. Pls like

Wall St snaps five-day up streak as caution rises before tech earnings, Fed

2021-09-10

Nice to buy ?

RLX Technology fell 9% in early trading

2021-08-16

Thanks for sharing

Sorry, the original content has been removed

2021-08-07

Noted and thanks for sharing and pls like

Sorry, the original content has been removed

2021-08-05

Like pls ;)

Sorry, the original content has been removed

2021-08-03

Keep going and help me like

US stocks start with gains, Chinese gaming stocks listed in the U.S. slump

2021-08-26

Omg that serious

T-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’

2021-08-17

Thanks for sharing

This Is What Hedge Funds Bought And Sold In Q2: Complete 13F Summary

2021-08-14

Thanks for sharing and pls like me

Dow, S&P close at records as Disney offsets drop in sentiment

2021-07-29

Ok let see. Pls like thanks

Dow rises more than 200 points despite disappointing economic data

2021-07-25

Thanks. Pls like me too

Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks

2021-09-05

Thanks for sharing

Beat the market with this quant system that’s very bullish on stocks at record highs

2021-08-24

I think Nio will be more potential

Li Auto's DCF: I See Significant Upside Potential In The Share Price

2021-08-08

Thanks for sharing and pls like

Sorry, the original content has been removed

2021-07-23

Wahh. That’s many [Miser] [Miser]

JPMorgan to hire more than 500 wealth management advisers

Go to Tiger App to see more news

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Despite that advice, many investors tend to buy and sell quickly. In fact, the average holding period for shares on the <b>New York Stock Exchange</b> has trended downward over the last several decades, and it dropped below six months in June 2020.</p><p>So what? History tells us that whether the market is up or down in any given year is essentially a coin toss. In other words, if you&#39;re dipping in and out of stocks, you&#39;re not investing -- you&#39;re gambling. And there&#39;s nothing wrong with gambling, but if you&#39;re looking to build life-changing wealth, you&#39;re better off taking a buy-and-hold approach. A long-term mindset helps you avoid short-term volatility and it gives your investment theses time to play out.</p><p>Two stocks that could benefit an investor using a buy-and-hold approach are <b>Tesla</b> (NASDAQ:TSLA) and <b>Zscaler</b> (NASDAQ:ZS). Each has great potential to make you richer in the long run. Here&#39;s what you should know.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b7755ea2b8be302b03c4454fb738f44\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>1. Tesla</h2><p>CEO Elon Musk has often said manufacturing efficiency would be Tesla&#39;s long-term advantage, and the company is making good on that notion. Its theoretical annual production capacity now exceeds 1 million electric vehicles (EVs), and despite headwinds created by chip shortages, Tesla delivered over 936,000 vehicles in 2021, up 87% from the prior year.</p><p>More importantly, as production capacity has scaled in both the U.S. and China, Tesla&#39;s cost per vehicle has fallen, dropping 55% between 2017 and the first quarter of 2021. That efficiency is due in part to Tesla&#39;s 2170 battery cell, a technology that Musk has called &#34;the highest energy density cell in the world, and also the cheapest.&#34; To that end, Tesla pays an estimated $187 per kilowatt-hour (kWh) for its battery packs -- the most expensive part of an EV. That&#39;s 24% lower than the industry average and 10% lower than the next-closest competitor.</p><p>Additionally, through November 2021, Tesla held 13.7% market share in terms of EV sales, easily besting the second-place EV manufacturer <b>BYD</b>, which captured 9% market share. Collectively, the company&#39;s improving efficiency and its dominant position have translated into impressive financial results on both the top and bottom lines.</p><table><thead><tr><th><p>Metric</p></th><th><p>Q3 2019</p></th><th><p>Q3 2021</p></th><th><p>CAGR</p></th></tr></thead><tbody><tr><td width=\"156\"><p>Revenue (TTM)</p></td><td width=\"156\"><p>$24.4 million</p></td><td width=\"156\"><p>$46.9 billion</p></td><td width=\"156\"><p>39%</p></td></tr><tr><td width=\"156\"><p>Free cash flow (TTM)</p></td><td width=\"156\"><p>$873 million</p></td><td width=\"156\"><p>$2.6 billion</p></td><td width=\"156\"><p>71%</p></td></tr></tbody></table><p>Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate.</p><p>Despite Tesla&#39;s past success, I think the company&#39;s best days are yet to come. Production of the Tesla Semi (a semi-tractor trailer) is slated to start in 2022, and the trucking industry is ripe for disruption. The company also plans to integrate its new 4680 battery cell into vehicles this year, a technology that should reinforce its current cost advantages. Specifically, management believes the 4680 battery cell will cut the cost per kWh by 56% and boost EV range by 54%.</p><p>Further down the road, Tesla aims to launch an autonomous ride-hailing service, a market that ARK Invest analysts value at $1.2 trillion by 2030. While Tesla&#39;s full self-driving software is still in the works, Musk has hinted that the company would have a fully autonomous $25,000 EV in late 2023 or 2024. But even if Tesla misses that target, the company still appears to have a big head start in the race to build a self-driving car. That&#39;s why I plan to hold this stock forever.</p><h2>2. Zscaler</h2><p>Zscaler specializes in cybersecurity. Its cloud platform, the Zero Trust Exchange, is spread across 150 data centers, creating a global network that is fast, safe, and reliable. This distributed architecture, known as a secure access service edge (SASE), allows clients to access corporate resources from any device or location, while also eliminating the IT burden of buying and managing on-site hardware. In short, Zscaler is the new corporate network.</p><p>Specifically, Zscaler Private Access (ZPA) safeguards internally managed resources, like software hosted in a private data center; and Zscaler Internet Access (ZIA) offers the same protection for externally managed resources, such as applications hosted in the public cloud. More recently, the company expanded its offering with Zscaler Digital <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> (ZDX), an infrastructure performance monitoring solution, and Zscaler Cloud Protection (ZCP), a suite of tools that allows clients to secure cloud workloads.</p><p>Collectively, those products fuel digital transformation, keeping corporate networks secure no matter whether the information is stored on-site or in the cloud, nor whether it&#39;s accessed by employees in the office or those working remotely. To that end, research firm <b>Gartner</b> believes 60% of enterprises will have plans in place to adopt SASE networks by 2025, up from just 10% in 2020.</p><p>More importantly, Gartner has recognized Zscaler as the industry leader for 10 consecutive years, and that advantage has been a powerful growth driver for this cybersecurity company.</p><table><thead><tr><th><p>Metric</p></th><th><p>Q1 2020</p></th><th><p>Q1 2022</p></th><th><p>CAGR</p></th></tr></thead><tbody><tr><td width=\"156\"><p>Revenue (TTM)</p></td><td width=\"156\"><p>$333.1 million</p></td><td width=\"156\"><p>$761.0 million</p></td><td width=\"156\"><p>51%</p></td></tr><tr><td width=\"156\"><p>Free cash flow (TTM)</p></td><td width=\"156\"><p>$33.5 million</p></td><td width=\"156\"><p>$184.9 million</p></td><td width=\"156\"><p>135%</p></td></tr></tbody></table><p>Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate. Note: Q1 2022 ended Oct. 31, 2021.</p><p>Going forward, Zscaler has plenty of room to grow its business. The company currently serves 5,600 clients, comprising 26 million paid seats. But management puts the near-term opportunity at 335 million seats, which brings the company&#39;s addressable market to $72 billion. However, Zscaler could extend its services to smaller businesses (fewer than 2,000 employees), which would push its opportunity above 600 million seats.</p><p>More broadly, as the best-in-class network security solution, the company should see strong demand in the coming years as more enterprises seek to protect their sensitive data. That&#39;s why this growth stock looks like a smart buy for long-term investors.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Want to Get Richer? 2 Top Growth Stocks to Buy and Hold</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\">\nWant to Get Richer? 2 Top Growth Stocks to Buy and Hold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-08 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/07/want-get-richer-top-growth-stocks-to-buy-and-hold/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett once said that his favorite stock holding period is forever. Despite that advice, many investors tend to buy and sell quickly. In fact, the average holding period for shares on the New ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/07/want-get-richer-top-growth-stocks-to-buy-and-hold/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1117":"系统软件","TSLA":"特斯拉","ZS":"Zscaler Inc.","BK1511":"疑似财技股"},"source_url":"https://www.fool.com/investing/2022/01/07/want-get-richer-top-growth-stocks-to-buy-and-hold/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201214004","content_text":"Warren Buffett once said that his favorite stock holding period is forever. Despite that advice, many investors tend to buy and sell quickly. In fact, the average holding period for shares on the New York Stock Exchange has trended downward over the last several decades, and it dropped below six months in June 2020.So what? History tells us that whether the market is up or down in any given year is essentially a coin toss. In other words, if you're dipping in and out of stocks, you're not investing -- you're gambling. And there's nothing wrong with gambling, but if you're looking to build life-changing wealth, you're better off taking a buy-and-hold approach. A long-term mindset helps you avoid short-term volatility and it gives your investment theses time to play out.Two stocks that could benefit an investor using a buy-and-hold approach are Tesla (NASDAQ:TSLA) and Zscaler (NASDAQ:ZS). Each has great potential to make you richer in the long run. Here's what you should know.Image source: Getty Images.1. TeslaCEO Elon Musk has often said manufacturing efficiency would be Tesla's long-term advantage, and the company is making good on that notion. Its theoretical annual production capacity now exceeds 1 million electric vehicles (EVs), and despite headwinds created by chip shortages, Tesla delivered over 936,000 vehicles in 2021, up 87% from the prior year.More importantly, as production capacity has scaled in both the U.S. and China, Tesla's cost per vehicle has fallen, dropping 55% between 2017 and the first quarter of 2021. That efficiency is due in part to Tesla's 2170 battery cell, a technology that Musk has called \"the highest energy density cell in the world, and also the cheapest.\" To that end, Tesla pays an estimated $187 per kilowatt-hour (kWh) for its battery packs -- the most expensive part of an EV. That's 24% lower than the industry average and 10% lower than the next-closest competitor.Additionally, through November 2021, Tesla held 13.7% market share in terms of EV sales, easily besting the second-place EV manufacturer BYD, which captured 9% market share. Collectively, the company's improving efficiency and its dominant position have translated into impressive financial results on both the top and bottom lines.MetricQ3 2019Q3 2021CAGRRevenue (TTM)$24.4 million$46.9 billion39%Free cash flow (TTM)$873 million$2.6 billion71%Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate.Despite Tesla's past success, I think the company's best days are yet to come. Production of the Tesla Semi (a semi-tractor trailer) is slated to start in 2022, and the trucking industry is ripe for disruption. The company also plans to integrate its new 4680 battery cell into vehicles this year, a technology that should reinforce its current cost advantages. Specifically, management believes the 4680 battery cell will cut the cost per kWh by 56% and boost EV range by 54%.Further down the road, Tesla aims to launch an autonomous ride-hailing service, a market that ARK Invest analysts value at $1.2 trillion by 2030. While Tesla's full self-driving software is still in the works, Musk has hinted that the company would have a fully autonomous $25,000 EV in late 2023 or 2024. But even if Tesla misses that target, the company still appears to have a big head start in the race to build a self-driving car. That's why I plan to hold this stock forever.2. ZscalerZscaler specializes in cybersecurity. Its cloud platform, the Zero Trust Exchange, is spread across 150 data centers, creating a global network that is fast, safe, and reliable. This distributed architecture, known as a secure access service edge (SASE), allows clients to access corporate resources from any device or location, while also eliminating the IT burden of buying and managing on-site hardware. In short, Zscaler is the new corporate network.Specifically, Zscaler Private Access (ZPA) safeguards internally managed resources, like software hosted in a private data center; and Zscaler Internet Access (ZIA) offers the same protection for externally managed resources, such as applications hosted in the public cloud. More recently, the company expanded its offering with Zscaler Digital Experience (ZDX), an infrastructure performance monitoring solution, and Zscaler Cloud Protection (ZCP), a suite of tools that allows clients to secure cloud workloads.Collectively, those products fuel digital transformation, keeping corporate networks secure no matter whether the information is stored on-site or in the cloud, nor whether it's accessed by employees in the office or those working remotely. To that end, research firm Gartner believes 60% of enterprises will have plans in place to adopt SASE networks by 2025, up from just 10% in 2020.More importantly, Gartner has recognized Zscaler as the industry leader for 10 consecutive years, and that advantage has been a powerful growth driver for this cybersecurity company.MetricQ1 2020Q1 2022CAGRRevenue (TTM)$333.1 million$761.0 million51%Free cash flow (TTM)$33.5 million$184.9 million135%Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate. Note: Q1 2022 ended Oct. 31, 2021.Going forward, Zscaler has plenty of room to grow its business. The company currently serves 5,600 clients, comprising 26 million paid seats. But management puts the near-term opportunity at 335 million seats, which brings the company's addressable market to $72 billion. However, Zscaler could extend its services to smaller businesses (fewer than 2,000 employees), which would push its opportunity above 600 million seats.More broadly, as the best-in-class network security solution, the company should see strong demand in the coming years as more enterprises seek to protect their sensitive data. That's why this growth stock looks like a smart buy for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863567485,"gmtCreate":1632406753947,"gmtModify":1676530775196,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Nice post and thanks for sharing&nbsp;","listText":"Nice post and thanks for sharing&nbsp;","text":"Nice post and thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/863567485","repostId":"2169667599","repostType":4,"repost":{"id":"2169667599","pubTimestamp":1632406200,"share":"https://ttm.financial/m/news/2169667599?lang=&edition=fundamental","pubTime":"2021-09-23 22:10","market":"us","language":"en","title":"4 Unstoppable Investments That Can Send Your Portfolio to the Moon","url":"https://stock-news.laohu8.com/highlight/detail?id=2169667599","media":"Motley Fool","summary":"Ready to boost your savings? These investments can help you generate long-term wealth.","content":"<blockquote>\n <b>Ready to boost your savings? These investments can help you generate long-term wealth.</b>\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>Growth stocks and dividend stocks can help supercharge your savings and build passive income.</li>\n <li>S&amp;P 500 ETFs are perfect for those looking for a hands-off investment.</li>\n <li>Fractional shares can make buying individual stocks far more affordable.</li>\n</ul>\n<p>When you're investing in the stock market, you have seemingly endless options to choose from. All of those choices can sometimes feel overwhelming, and it can be tough to determine which investments are right for you.</p>\n<p>While everyone will have different preferences and investing styles, there are some investments that can make a fantastic addition to anyone's portfolio. If you're ready to send your savings to the moon, these options could be a wise choice.</p>\n<p><img src=\"https://static.tigerbbs.com/631cf3238264bad315f43eda4132590c\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>1. Growth stocks</h2>\n<p>Growth stocks are investments that have the potential for above-average growth. Many tech stocks fall into this category, including companies like <b>Amazon</b>, <b>Shopify</b>,&nbsp;and <b>Square</b>.</p>\n<p>Although growth stocks can be higher risk than their more established counterparts, there's also more room for reward. These stocks are often from innovative companies that are disrupting their industries, which could make them lucrative investments. However, these organizations can also be more volatile than slower-growing businesses.</p>\n<p>If you choose to invest in growth stocks, be sure to look beyond the stock's earnings and focus more on the big picture. Stocks that have experienced explosive growth aren't always good long-term investments, so look at factors like the company's financials and its leadership team to gauge whether this stock will continue growing over time.</p>\n<h2>2. Dividend stocks</h2>\n<p>Dividend stocks are unique in that they can provide a source of passive income in addition to the returns you earn on your investment.</p>\n<p>Some companies will reward shareholders by paying back a portion of their profits each quarter or year, called a dividend. While each dividend payment is small, over time, they can add up substantially and create a source of passive income.</p>\n<p>You may also have the option to reinvest your dividends to buy more shares of that particular company's stock. By consistently reinvesting your dividends, you can increase the number of shares you own without actually paying anything out of pocket. And the more shares you own, the more you'll collect in dividend payments.</p>\n<h2>3. S&amp;P 500 ETFs</h2>\n<p>If you prefer an investment that requires little to no upkeep, <b>S&amp;P 500</b> ETFs are a fantastic option. These funds track the S&amp;P 500 index, which means they include the same stocks as the index itself and aim to mirror its long-term performance.</p>\n<p>With an S&amp;P 500 ETF, you don't need to choose stocks or research individual companies. All you need to do is invest regularly and hold your investments for as long as possible, and your portfolio will gradually grow over time.</p>\n<p>The downside to this type of investment is that it's impossible to beat the market. By definition, S&amp;P 500 ETFs earn average returns. They follow the market, so they can't outperform the market. However, for many investors, average returns are a worthwhile trade-off when you consider that these funds require very little effort to achieve consistent growth over the long run.</p>\n<h2>4. Fractional shares</h2>\n<p>Fractional shares are perfect for the investor who wants to buy individual stocks without breaking the bank.</p>\n<p>When you buy fractional shares, you're investing in a portion of a single full share of stock. Some stocks cost hundreds or thousands of dollars for a full share, but with fractional shares, you can spend as little as $1 for a small slice of the same stock.</p>\n<p>It's still important to do your research when buying fractional shares. It can be tempting to buy risky stocks when it'll only cost you a dollar to invest, but the same general investing principles still apply, regardless of how much you're spending. If you're not willing to hold a stock for at least a few years, it's probably not a stock you should be buying right now.</p>\n<p>Investing in the stock market is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the best ways to increase your net worth and generate wealth over time. With these four types of investments, you'll be well on your way to building an unstoppable portfolio.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Unstoppable Investments That Can Send Your Portfolio to the Moon</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\">\n4 Unstoppable Investments That Can Send Your Portfolio to the Moon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/23/4-unstoppable-investments-that-can-supercharge-you/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ready to boost your savings? These investments can help you generate long-term wealth.\n\nKey Points\n\nGrowth stocks and dividend stocks can help supercharge your savings and build passive income.\nS&P ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/23/4-unstoppable-investments-that-can-supercharge-you/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","OEX":"标普100","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF"},"source_url":"https://www.fool.com/investing/2021/09/23/4-unstoppable-investments-that-can-supercharge-you/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169667599","content_text":"Ready to boost your savings? These investments can help you generate long-term wealth.\n\nKey Points\n\nGrowth stocks and dividend stocks can help supercharge your savings and build passive income.\nS&P 500 ETFs are perfect for those looking for a hands-off investment.\nFractional shares can make buying individual stocks far more affordable.\n\nWhen you're investing in the stock market, you have seemingly endless options to choose from. All of those choices can sometimes feel overwhelming, and it can be tough to determine which investments are right for you.\nWhile everyone will have different preferences and investing styles, there are some investments that can make a fantastic addition to anyone's portfolio. If you're ready to send your savings to the moon, these options could be a wise choice.\n\nImage source: Getty Images.\n1. Growth stocks\nGrowth stocks are investments that have the potential for above-average growth. Many tech stocks fall into this category, including companies like Amazon, Shopify, and Square.\nAlthough growth stocks can be higher risk than their more established counterparts, there's also more room for reward. These stocks are often from innovative companies that are disrupting their industries, which could make them lucrative investments. However, these organizations can also be more volatile than slower-growing businesses.\nIf you choose to invest in growth stocks, be sure to look beyond the stock's earnings and focus more on the big picture. Stocks that have experienced explosive growth aren't always good long-term investments, so look at factors like the company's financials and its leadership team to gauge whether this stock will continue growing over time.\n2. Dividend stocks\nDividend stocks are unique in that they can provide a source of passive income in addition to the returns you earn on your investment.\nSome companies will reward shareholders by paying back a portion of their profits each quarter or year, called a dividend. While each dividend payment is small, over time, they can add up substantially and create a source of passive income.\nYou may also have the option to reinvest your dividends to buy more shares of that particular company's stock. By consistently reinvesting your dividends, you can increase the number of shares you own without actually paying anything out of pocket. And the more shares you own, the more you'll collect in dividend payments.\n3. S&P 500 ETFs\nIf you prefer an investment that requires little to no upkeep, S&P 500 ETFs are a fantastic option. These funds track the S&P 500 index, which means they include the same stocks as the index itself and aim to mirror its long-term performance.\nWith an S&P 500 ETF, you don't need to choose stocks or research individual companies. All you need to do is invest regularly and hold your investments for as long as possible, and your portfolio will gradually grow over time.\nThe downside to this type of investment is that it's impossible to beat the market. By definition, S&P 500 ETFs earn average returns. They follow the market, so they can't outperform the market. However, for many investors, average returns are a worthwhile trade-off when you consider that these funds require very little effort to achieve consistent growth over the long run.\n4. Fractional shares\nFractional shares are perfect for the investor who wants to buy individual stocks without breaking the bank.\nWhen you buy fractional shares, you're investing in a portion of a single full share of stock. Some stocks cost hundreds or thousands of dollars for a full share, but with fractional shares, you can spend as little as $1 for a small slice of the same stock.\nIt's still important to do your research when buying fractional shares. It can be tempting to buy risky stocks when it'll only cost you a dollar to invest, but the same general investing principles still apply, regardless of how much you're spending. If you're not willing to hold a stock for at least a few years, it's probably not a stock you should be buying right now.\nInvesting in the stock market is one of the best ways to increase your net worth and generate wealth over time. With these four types of investments, you'll be well on your way to building an unstoppable portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869128893,"gmtCreate":1632268259112,"gmtModify":1676530737701,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for the sharing&nbsp;","listText":"Thanks for the sharing&nbsp;","text":"Thanks for the sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869128893","repostId":"2169632761","repostType":4,"repost":{"id":"2169632761","pubTimestamp":1632267583,"share":"https://ttm.financial/m/news/2169632761?lang=&edition=fundamental","pubTime":"2021-09-22 07:39","market":"us","language":"en","title":"Adobe Falls After Upbeat Forecast Fails to Impress Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2169632761","media":"Bloomberg","summary":"(Bloomberg) -- Adobe Inc. dropped about 4% in extended trading after a strong sales outlook for the ","content":"<p>(Bloomberg) -- <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc. dropped about 4% in extended trading after a strong sales outlook for the current period failed to impress investors who have pushed up the stock almost 30% this year.</p>\n<p>Revenue will be about $4.07 billion in the fiscal fourth quarter, the San Jose, California-based company said Tuesday in a statement. Profit, excluding some items, will be about $3.18 a share. Analysts, on average, projected sales of $4.04 billion and earnings of $3.08 a share, according to data compiled by Bloomberg.</p>\n<p>Chief Executive Officer Shantanu Narayen has pitched new creative software tools to continue Adobe’s steady 20% revenue growth. As part of that effort, the company said last month it would acquire Frame.io, a startup that makes video collaboration software, for $1.3 billion. Document Cloud products, including PDF and electronic signature software, also have surged with millions working from home.</p>\n<p>Gregg Moskowitz, an analyst at Mizuho Securities, said in a note before the results were released that web activity for the company’s Digital Media unit, which includes creative and document cloud products such as Photoshop and Illustrator, “appears to have remained strong, and our Digital <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud checks were quite good, with ongoing indications of very healthy demand.” Adobe’s Digital Experience unit includes the company’s marketing and analytics software.</p>\n<p>Revenue from digital media will increase about 20% and digital experience will jump 22% in the fiscal fourth quarter, Adobe said. Both projections topped analysts’ estimates.</p>\n<p>In the fiscal third quarter, sales gained 22% to $3.94 billion and profit, excluding some items, was $3.11 a share. Analysts, on average, estimated revenue of $3.89 billion and adjusted profit of $3.01 a share.</p>\n<p>Revenue from digital media jumped 23% to $2.87 billion in the period ended Sept. 3. Sales in digital experience increased 26% to $985 million.</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>Adobe Falls After Upbeat Forecast Fails to Impress Investors</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\">\nAdobe Falls After Upbeat Forecast Fails to Impress Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-22 07:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/adobe-falls-upbeat-forecast-fails-202843301.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Adobe Inc. dropped about 4% in extended trading after a strong sales outlook for the current period failed to impress investors who have pushed up the stock almost 30% this year.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/adobe-falls-upbeat-forecast-fails-202843301.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"source_url":"https://finance.yahoo.com/news/adobe-falls-upbeat-forecast-fails-202843301.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2169632761","content_text":"(Bloomberg) -- Adobe Inc. dropped about 4% in extended trading after a strong sales outlook for the current period failed to impress investors who have pushed up the stock almost 30% this year.\nRevenue will be about $4.07 billion in the fiscal fourth quarter, the San Jose, California-based company said Tuesday in a statement. Profit, excluding some items, will be about $3.18 a share. Analysts, on average, projected sales of $4.04 billion and earnings of $3.08 a share, according to data compiled by Bloomberg.\nChief Executive Officer Shantanu Narayen has pitched new creative software tools to continue Adobe’s steady 20% revenue growth. As part of that effort, the company said last month it would acquire Frame.io, a startup that makes video collaboration software, for $1.3 billion. Document Cloud products, including PDF and electronic signature software, also have surged with millions working from home.\nGregg Moskowitz, an analyst at Mizuho Securities, said in a note before the results were released that web activity for the company’s Digital Media unit, which includes creative and document cloud products such as Photoshop and Illustrator, “appears to have remained strong, and our Digital Experience Cloud checks were quite good, with ongoing indications of very healthy demand.” Adobe’s Digital Experience unit includes the company’s marketing and analytics software.\nRevenue from digital media will increase about 20% and digital experience will jump 22% in the fiscal fourth quarter, Adobe said. Both projections topped analysts’ estimates.\nIn the fiscal third quarter, sales gained 22% to $3.94 billion and profit, excluding some items, was $3.11 a share. Analysts, on average, estimated revenue of $3.89 billion and adjusted profit of $3.01 a share.\nRevenue from digital media jumped 23% to $2.87 billion in the period ended Sept. 3. Sales in digital experience increased 26% to $985 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886648184,"gmtCreate":1631589209748,"gmtModify":1676530583839,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Jump to the moon&nbsp;","listText":"Jump to the moon&nbsp;","text":"Jump to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/886648184","repostId":"1198740697","repostType":4,"repost":{"id":"1198740697","pubTimestamp":1631589054,"share":"https://ttm.financial/m/news/1198740697?lang=&edition=fundamental","pubTime":"2021-09-14 11:10","market":"us","language":"en","title":"Why GameStop and Other Meme Stocks Jumped Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1198740697","media":"Motley Fool","summary":"What happened\nIt's hard to know what drives the moves in so-called meme stocks. But after some actua","content":"<p>What happened</p>\n<p>It's hard to know what drives the moves in so-called meme stocks. But after some actual good news for the business helped shares in&nbsp;<b>AMC Entertainment Holdings</b>&nbsp;today, it may just be the others are moving in sympathy. Several other names, including original meme stock<b>GameStop</b>(NYSE:GME)are moving higher. As of 3:50 p.m. EDT, GameStop, apparel retailer&nbsp;<b>Express</b>(NYSE:EXPR), cannabis company&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL), and&nbsp;<b>SmileDirectClub</b>(NASDAQ:SDC)were moving as follows:</p>\n<ul>\n <li>GameStop was up 6.5%.</li>\n <li>Express was up 8.5%.</li>\n <li>Sundial Growers was up 2.8%.</li>\n <li>SmileDirectClub was up 16.3%.</li>\n</ul>\n<p>So what</p>\n<p>Meme stocks sometimes seem to move just on the whims of social media forums. But after&nbsp;AMC got a potential shot in the arm from news in the movie industry&nbsp;today, some of the retail traders following these names may be focusing back on short interest to bet onpotential short squeezes. SmileDirectClub has over 32% of its float sold short, as of the end of August, according to data from MarketWatch.</p>\n<p>GameStop still has almost 12.5% of its shares shorted, Express has 5.3%, and Sundial Growers has 26%. Many investors that are betting on these names focus on that metric, hoping that the&nbsp;short-sellers are forced to cover, driving shares higher.</p>\n<p>Now what</p>\n<p>The most interesting bit of recent news from these names came when GameStop reported its quarterly financial update last week. While sales grew by more than 25% compared to the prior-year quarter, GameStop reported another net loss. And investors didn't respond well when the new CEO didn't take questions on&nbsp;the conference call, which only lasted eight minutes.</p>\n<p>Another bit of news from GameStop came out the next day in a Securities and Exchange Commission filing. Investment management firm<b>BlackRock</b>(NYSE:BLK)reported on Sept. 9 that it held 6.6% of GameStop shares. That indicates the company has sold about 50% of its holdings since it last reported its holdings in January.</p>\n<p>But the drop in GameStop shares has been recouped with today's move upward. Traders relying on social media may be betting on short squeezes and a retail movement to make money in these names. But serious investors should still focus on business fundamentals. That may be why BlackRock took profits last week.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why GameStop and Other Meme Stocks Jumped Today</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\">\nWhy GameStop and Other Meme Stocks Jumped Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/13/why-gamestop-stock-jumped-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nIt's hard to know what drives the moves in so-called meme stocks. But after some actual good news for the business helped shares in AMC Entertainment Holdings today, it may just be the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/13/why-gamestop-stock-jumped-today/\">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","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/09/13/why-gamestop-stock-jumped-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198740697","content_text":"What happened\nIt's hard to know what drives the moves in so-called meme stocks. But after some actual good news for the business helped shares in AMC Entertainment Holdings today, it may just be the others are moving in sympathy. Several other names, including original meme stockGameStop(NYSE:GME)are moving higher. As of 3:50 p.m. EDT, GameStop, apparel retailer Express(NYSE:EXPR), cannabis company Sundial Growers(NASDAQ:SNDL), and SmileDirectClub(NASDAQ:SDC)were moving as follows:\n\nGameStop was up 6.5%.\nExpress was up 8.5%.\nSundial Growers was up 2.8%.\nSmileDirectClub was up 16.3%.\n\nSo what\nMeme stocks sometimes seem to move just on the whims of social media forums. But after AMC got a potential shot in the arm from news in the movie industry today, some of the retail traders following these names may be focusing back on short interest to bet onpotential short squeezes. SmileDirectClub has over 32% of its float sold short, as of the end of August, according to data from MarketWatch.\nGameStop still has almost 12.5% of its shares shorted, Express has 5.3%, and Sundial Growers has 26%. Many investors that are betting on these names focus on that metric, hoping that the short-sellers are forced to cover, driving shares higher.\nNow what\nThe most interesting bit of recent news from these names came when GameStop reported its quarterly financial update last week. While sales grew by more than 25% compared to the prior-year quarter, GameStop reported another net loss. And investors didn't respond well when the new CEO didn't take questions on the conference call, which only lasted eight minutes.\nAnother bit of news from GameStop came out the next day in a Securities and Exchange Commission filing. Investment management firmBlackRock(NYSE:BLK)reported on Sept. 9 that it held 6.6% of GameStop shares. That indicates the company has sold about 50% of its holdings since it last reported its holdings in January.\nBut the drop in GameStop shares has been recouped with today's move upward. Traders relying on social media may be betting on short squeezes and a retail movement to make money in these names. But serious investors should still focus on business fundamentals. That may be why BlackRock took profits last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888392619,"gmtCreate":1631431376831,"gmtModify":1676530547706,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Noted and thanks for sharing&nbsp;","listText":"Noted and thanks for sharing&nbsp;","text":"Noted and thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888392619","repostId":"2166370857","repostType":4,"repost":{"id":"2166370857","pubTimestamp":1631414221,"share":"https://ttm.financial/m/news/2166370857?lang=&edition=fundamental","pubTime":"2021-09-12 10:37","market":"us","language":"en","title":"Apple Ruling Poses Hurdles for Biden’s Vow to Tackle Tech Giants","url":"https://stock-news.laohu8.com/highlight/detail?id=2166370857","media":"Bloomberg","summary":" -- U.S. antitrust officials investigating Apple Inc. face new hurdles after a judge rejected the bulk of Epic Games Inc.’s lawsuit accusing the iPhone maker of thwarting competition laws with its tight grip over the App Store.The Justice Department’s antitrust division has been investigating Apple over practices in the store, a probe that began during the Trump administration amid scrutiny of the country’s dominant tech platforms. The Biden administration is pressing forward with the investigat","content":"<p>(Bloomberg) -- U.S. antitrust officials investigating Apple Inc. face new hurdles after a judge rejected the bulk of Epic Games Inc.’s lawsuit accusing the iPhone maker of thwarting competition laws with its tight grip over the App Store.</p>\n<p>The Justice Department’s antitrust division has been investigating Apple over practices in the store, a probe that began during the Trump administration amid scrutiny of the country’s dominant tech platforms. The Biden administration is pressing forward with the investigation.</p>\n<p>Antitrust lawyers say Friday’s decision in the Epic lawsuit, while not fatal to the Justice Department’s inquiry, presents new challenges for the government because the judge said that Epic failed to establish that Apple’s conduct violates the Sherman Act, the federal law used to target monopolies.</p>\n<p>“It raises the bar to any Justice Department lawsuit,” said Joel Mitnick, an antitrust lawyer at Cadwalader, Wickersham &amp; Taft LLP who isn’t involved in the case. “Apple pretty much got a flat out victory on all the Sherman Act claims.”</p>\n<p>The Biden administration has vowed to take on consolidation and anticompetitive conduct across the economy. President Joe Biden has put prominent tech critics in key positions and in a July executive order said he would combat the rise of dominant internet platforms, which he accused of using “their power to exclude market entrants, to extract monopoly profits, and to gather intimate personal information that they can exploit for their own advantage.”</p>\n<p>On Capitol Hill, Democratic and Republic lawmakers are backing legislation that would give antitrust enforcers more power and impose new rules on app stores run by Apple and Alphabet Inc.’s Google.</p>\n<p>Apple Ruling Underscores Need for App Store Bill, Lawmakers Say</p>\n<p>U.S. District Judge Yvonne Gonzalez Rogers said in her decision that Apple’s rules preventing app developers from alerting consumers about purchase options outside the App Store are anticompetitive, and she said Apple must let developers steer people to other payment methods.</p>\n<p>Yet the judge ruled that Apple isn’t illegally monopolizing the market for mobile gaming transactions. She also rejected Epic’s case that Apple is engaging in unlawful restraint of trade, another element of federal antitrust law.</p>\n<p>One of the challenges for the Justice Department, according to lawyers, is that Gonzalez Rogers said Apple’s restrictions imposed on developers are justified in order to protect security. She also said the market is two-sided, which presents courts with the difficulty of weighing harms on one side and benefits on the other, a framework established in a 2018 U.S. Supreme Court decision.</p>\n<p>U.S. Google Monopoly Case Could Hit Supreme Court AmEx Hurdle</p>\n<p>“The biggest thing that scares me about this opinion is the two-sided market complexity,” said John Newman, who teaches antitrust law at the University of Miami School of Law. “If this is a two-sided market, you can’t prove harm to just developers or harm to just consumers. You have to somehow prove net harm across all the different groups that interact through the platform.”</p>\n<p>Still, the decision doesn’t deliver a mortal blow to a potential Justice Department case, lawyers say. Even though Gonzalez Rogers said Apple doesn’t have monopoly power, she said the company “is near the precipice of substantial market power, or monopoly power.” The judge also wrote that Apple failed to justify the 30% commission it charges on transactions.</p>\n<p>“There’s a lot here to encourage an enforcer depending on what their investigation looks like,” said Sam Weinstein, who teaches antitrust law at Cardozo School of Law and is a former lawyer at the Justice Department’s antitrust division. “If I’m the government, I don’t look at this and think we’re out of business.”</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>Apple Ruling Poses Hurdles for Biden’s Vow to Tackle Tech Giants</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Ruling Poses Hurdles for Biden’s Vow to Tackle Tech Giants\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-ruling-poses-hurdles-biden-123000668.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- U.S. antitrust officials investigating Apple Inc. face new hurdles after a judge rejected the bulk of Epic Games Inc.’s lawsuit accusing the iPhone maker of thwarting competition laws ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-ruling-poses-hurdles-biden-123000668.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A"},"source_url":"https://finance.yahoo.com/news/apple-ruling-poses-hurdles-biden-123000668.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2166370857","content_text":"(Bloomberg) -- U.S. antitrust officials investigating Apple Inc. face new hurdles after a judge rejected the bulk of Epic Games Inc.’s lawsuit accusing the iPhone maker of thwarting competition laws with its tight grip over the App Store.\nThe Justice Department’s antitrust division has been investigating Apple over practices in the store, a probe that began during the Trump administration amid scrutiny of the country’s dominant tech platforms. The Biden administration is pressing forward with the investigation.\nAntitrust lawyers say Friday’s decision in the Epic lawsuit, while not fatal to the Justice Department’s inquiry, presents new challenges for the government because the judge said that Epic failed to establish that Apple’s conduct violates the Sherman Act, the federal law used to target monopolies.\n“It raises the bar to any Justice Department lawsuit,” said Joel Mitnick, an antitrust lawyer at Cadwalader, Wickersham & Taft LLP who isn’t involved in the case. “Apple pretty much got a flat out victory on all the Sherman Act claims.”\nThe Biden administration has vowed to take on consolidation and anticompetitive conduct across the economy. President Joe Biden has put prominent tech critics in key positions and in a July executive order said he would combat the rise of dominant internet platforms, which he accused of using “their power to exclude market entrants, to extract monopoly profits, and to gather intimate personal information that they can exploit for their own advantage.”\nOn Capitol Hill, Democratic and Republic lawmakers are backing legislation that would give antitrust enforcers more power and impose new rules on app stores run by Apple and Alphabet Inc.’s Google.\nApple Ruling Underscores Need for App Store Bill, Lawmakers Say\nU.S. District Judge Yvonne Gonzalez Rogers said in her decision that Apple’s rules preventing app developers from alerting consumers about purchase options outside the App Store are anticompetitive, and she said Apple must let developers steer people to other payment methods.\nYet the judge ruled that Apple isn’t illegally monopolizing the market for mobile gaming transactions. She also rejected Epic’s case that Apple is engaging in unlawful restraint of trade, another element of federal antitrust law.\nOne of the challenges for the Justice Department, according to lawyers, is that Gonzalez Rogers said Apple’s restrictions imposed on developers are justified in order to protect security. She also said the market is two-sided, which presents courts with the difficulty of weighing harms on one side and benefits on the other, a framework established in a 2018 U.S. Supreme Court decision.\nU.S. Google Monopoly Case Could Hit Supreme Court AmEx Hurdle\n“The biggest thing that scares me about this opinion is the two-sided market complexity,” said John Newman, who teaches antitrust law at the University of Miami School of Law. “If this is a two-sided market, you can’t prove harm to just developers or harm to just consumers. You have to somehow prove net harm across all the different groups that interact through the platform.”\nStill, the decision doesn’t deliver a mortal blow to a potential Justice Department case, lawyers say. Even though Gonzalez Rogers said Apple doesn’t have monopoly power, she said the company “is near the precipice of substantial market power, or monopoly power.” The judge also wrote that Apple failed to justify the 30% commission it charges on transactions.\n“There’s a lot here to encourage an enforcer depending on what their investigation looks like,” said Sam Weinstein, who teaches antitrust law at Cardozo School of Law and is a former lawyer at the Justice Department’s antitrust division. “If I’m the government, I don’t look at this and think we’re out of business.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881903250,"gmtCreate":1631283563470,"gmtModify":1676530519617,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Nice to buy ?","listText":"Nice to buy ?","text":"Nice to buy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881903250","repostId":"1157873396","repostType":4,"repost":{"id":"1157873396","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":1631283021,"share":"https://ttm.financial/m/news/1157873396?lang=&edition=fundamental","pubTime":"2021-09-10 22:10","market":"us","language":"en","title":"RLX Technology fell 9% in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1157873396","media":"Tiger Newspress","summary":"(Sept 10) RLX Technology fell 9% in early trading.","content":"<p>(Sept 10)&nbsp;<a href=\"https://laohu8.com/S/RLX\">RLX Technology</a> fell 9% in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1c0f0f2d7b2efab26b1281bb1299d085\" tg-width=\"995\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RLX Technology fell 9% in early trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRLX Technology fell 9% in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-10 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 10)&nbsp;<a href=\"https://laohu8.com/S/RLX\">RLX Technology</a> fell 9% in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1c0f0f2d7b2efab26b1281bb1299d085\" tg-width=\"995\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157873396","content_text":"(Sept 10) RLX Technology fell 9% in early trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880371801,"gmtCreate":1631022900303,"gmtModify":1676530445363,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Let’s buy the shares&nbsp;","listText":"Let’s buy the shares&nbsp;","text":"Let’s buy the shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880371801","repostId":"1130130857","repostType":4,"repost":{"id":"1130130857","pubTimestamp":1631007146,"share":"https://ttm.financial/m/news/1130130857?lang=&edition=fundamental","pubTime":"2021-09-07 17:32","market":"us","language":"en","title":"Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1130130857","media":"Barron's","summary":"What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and  a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin","content":"<p>What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&amp;P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.</p>\n<p>Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnings growth are likely to decelerate through the end of the year. What’s more, theFederal Reserve has all but promised to start tapering its bond buyingin coming months, and the Biden administration has proposed hiking corporate and personal tax rates. None of this is apt to sit well with holders of increasingly pricey shares.</p>\n<p>In other words,brace for a volatile fallin which conflicting forces buffet stocks, bonds, and investors. “The everything rally is behind us,” says Saira Malik, chief investment officer of global equities at Nuveen. “It’s not going to be a sharply rising economic tide that lifts all boats from here.”</p>\n<p>That’s the general consensus among the six market strategists and chief investment officers whom<i>Barron’s</i>recently consulted. All see the S&amp;P 500 ending the year near Thursday’s close of 4536. Their average target: 4585.</p>\n<p>Next year’s gains look muted, as well, relative to recent trends. The group expects the S&amp;P 500 to tack on another 6% in 2022, rising to about 4800.</p>\n<p><img src=\"https://static.tigerbbs.com/eb61c7b74b9b0f18a019afb4ac44ad59\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">With stocks trading for about 21 times the coming year’s expected earnings,bonds yielding little, and cash yielding less than nothing after accounting for inflation, investors face tough asset-allocation decisions. In place of the “everything rally,” which lifted fast-growing tech stocks, no-growth meme stocks, and the Dogecoins of the digital world, our market watchers recommend focusing on “quality” investments. In equities, that means shares of businesses with solid balance sheets, expanding profit margins, and ample and recurring free cash flow. Even if the averages do little in coming months, these stocks are likely to shine.</p>\n<p>The stock market’s massive rally in the past year was a gift of sorts from the Federal Reserve, which flooded the financial system with money to stave off theeconomic damage wrought by the Covid pandemic. Since March 2020, the U.S. central bank has been buying a combined $120 billion a month of U.S. Treasuries and mortgage-backed securities, while keeping its benchmark federal-funds rate target at 0% to 0.25%. These moves have depressed bond yields and pushed investors into riskier assets, including stocks.</p>\n<p>Fed Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> has said that the central bank might begin to wind down, or taper, its emergency asset purchases sometime in the coming quarters, a move that could roil risk assets of all sorts. “For us, it’s very simple: Tapering is tightening,” says Mike Wilson, chief investment officer and chief U.S. equity strategist atMorgan Stanley.“It’s the first step away from maximum accommodation [by the Fed]. They’re being very calculated about it this time, but the bottom line is that it should have a negative effect on equity valuations.”</p>\n<p>The government’s stimulus spending, too, has peaked, the strategists note. Supplemental federal unemployment benefits of $300 a week expire as of Sept. 6. Although Congress seems likely to pass a bipartisan infrastructure bill this fall, the near-term economic impact will pale in comparison to the multiple rounds of stimulus introduced since March 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/c2cb76c498c1c4c980139e3d0514c261\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">The bill includes about $550 billion in new spending—a fraction of the trillions authorized by previous laws—and it will be spread out over many years. The short-term boost that infrastructure stimulus will give to consumer spending, which accounts for almost 70% of U.S. growth domestic product, won’t come close to what the economy saw after millions of Americans received checks from the government this past year.</p>\n<p>A budget bill approved by Democrats only should follow the infrastructure bill, and include spending to support Medicare expansion, child-care funding, free community-college tuition, public housing, and climate-related measures, among other party priorities. Congress could vote to lift taxes on corporations and high-earning individuals to offset that spending—another near-term risk to the market.</p>\n<p><img src=\"https://static.tigerbbs.com/6693da658db16059fc99e08a7531675f\" tg-width=\"300\" tg-height=\"645\" referrerpolicy=\"no-referrer\">Other politically charged issues likewise could derail equities this fall. Congress needs to pass a debt-ceiling increase to fund the government, and a stop-gap spending bill later this month to avoid a <a href=\"https://laohu8.com/S/WASH\">Washington</a> shutdown in October.</p>\n<p>For now, our market experts are relatively sanguine about the economic impact of the Delta variant of Covid-19. As long as vaccines remain effective in minimizing severe infections that lead to hospitalizations and deaths, the negative effects of the current Covid wave will be limited largely to the travel industry and movie theaters, they say. Wall Street’s base case for the market doesn’t include a renewed wave of lockdowns that would undermine economic growth.</p>\n<p>Inflation has been a hot topic at the Fed and among investors, partly because it has been running so hot of late. The U.S. consumer price index rose at an annualized 5.4% in both June and July—a spike the Fed calls transitory, although others aren’t so sure. The strategists are taking Powell’s side of the argument; they expect inflation to fall significantly next year. Their forecasts fall between 2.5% and 3.5%, which they consider manageable for consumers and companies, and an acceptable side effect of rapid economic growth. An inflation rate above 2.5%, however, combined with Fed tapering, would mean that now ultralow bond yields should rise.</p>\n<p>“We think inflation will continue to run hotter than it has since the financial crisis, but it’s hard for us to see inflation much over 2.5% once many of the reopening-related pressures start to dissipate,” says Michael Fredericks, head of income investing for theBlackRockMulti-Asset Strategies Group. “So bond yields do need to move up, but that will happen gradually.”</p>\n<p>The strategists see the yield on the 10-year U.S. Treasury note climbing to around 1.65% by year end. That’s about 35 basis points—or hundredths of a percentage point—above current levels, but below the 1.75% that the yield reached at its March 2021 highs. By next year, the 10-year Treasury could yield 2%, the group says. Those aren’t big moves in absolute terms, but they’re meaningful for&nbsp;the bond market—and could be even more so for stocks.</p>\n<p>Rising yields tend to weigh on stock valuations for two reasons. Higher-yielding bonds offer competition to stocks, and companies’ future earnings are worthless in the present when discounting them at a higher rate. Still, a 10-year yield around 2% won’t be enough to knock stock valuations down to pre-Covid levels. Even if yields climb, market strategists see the price/earnings multiple of the S&amp;P 500 holding well above its 30-year average of 16 times forward earnings. The index’s forward P/E topped 23 last fall.</p>\n<p><img src=\"https://static.tigerbbs.com/e08d24cb421d7cc13debd76a9c6fea01\" tg-width=\"660\" tg-height=\"434\" referrerpolicy=\"no-referrer\"></p>\n<p>As long as 10-year Treasury yields stay in the 2% range, the S&amp;P 500 should be able to command a forward P/E in the high teens, strategists say. A return to the 16-times long-term average isn’t in the cards until there is more pressure from much higher yields—or something else that causes stocks to fall.</p>\n<p>If yields surge past 2% or 2.25%, investors could start to question equity valuations more seriously, says&nbsp;<a href=\"https://laohu8.com/S/STT\">State</a> Street’schief portfolio strategist, Gaurav Mallik: “We haven’t seen [the 10-year yield] above 2% for some time now, so that’s an important sentiment level for investors.”</p>\n<p><img src=\"https://static.tigerbbs.com/93ff6490069ab5dc1b4057f1ff7966f3\" tg-width=\"664\" tg-height=\"441\" referrerpolicy=\"no-referrer\"></p>\n<p>Wilson is more concerned, noting that the stock market’s valuation risk is asymmetric: “It’s very unlikely that multiples are going to go up, and there’s a good chance that they go down more than 10% given the deceleration in growth and where we are in the cycle,” he says</p>\n<p>If 16 to 23 times forward earnings is the range, he adds, “you’re already at the very high end of that. There’s more potential risk than reward.”</p>\n<p>Some P/E-multiple compression is baked into all six strategists’ forecasts, heaping greater importance on the path of profit growth. On average, the strategists expect S&amp;P 500 earnings to jump 46% this year, to about $204, after last year’s earnings depression. That could be followed by a more normalized gain of 9% in 2022, to about $222.50.</p>\n<p>A potential headwind would be a higher federal corporate-tax rate in 2022. The details of Democrats’ spending and taxation plans will be worked out in the coming weeks, and investors can expect to hear a lot more about potential tax increases. Several strategists see a 25% federal rate on corporate profits as a likely compromise figure, above the 21% in place since 2018, but below the 28% sought by the Biden administration.</p>\n<p>An increase of that magnitude would shave about 5% off S&amp;P 500 earnings next year. The index could drop by a similar amount as the passage of the Democrats’ reconciliation bill nears this fall, but the impact should be limited to that initial correction. As with the tax cuts in December 2017, the change should be a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time event for the market, some strategists predict.</p>\n<p>These concerns aside, investors shouldn’t miss the bigger picture: The U.S. economy is in good shape and growing robustly. The strategists expect gross domestic product to rise 6.3% this year and about 4% in 2022. “The cyclical uplift and above-trend growth will continue at least through 2022, and we want to be biased toward assets that have that exposure,” says Mallik.</p>\n<blockquote>\n “We’re going to have a hot economy this year and next. When GDP growth is above average, value beats growth and cyclicals beat defensives.”— Lori Calvasina, RBC Capital Markets\n</blockquote>\n<p>The State Street strategist recommends overweighting materials, financials, and technology in investment portfolios. That approach includes both economically sensitive companies, such as banks and miners, and steady growers in the tech sector.</p>\n<p>RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, likewise takes a barbell approach, with both cyclical and growth exposure. Her preferred sectors are energy, financials, and technology.</p>\n<p>“Valuations are still a lot more attractive in financials and energy than growth [sectors such as technology or consumer discretionary,]” Calvasina says. “The catalyst in the near term is getting out of the current Covid wave... We’re going to have a hot economy this year and next, and traditionally when GDP growth is above average, value beats growth and cyclicals beat defensives.”</p>\n<p>But the focus on quality will be pivotal, especially moving into the second half of 2022. That’s when the Fed is likely to hike interest rates for the first time in this cycle. By 2023, the economy could return to pre-Covid growth on the order of 2%.</p>\n<p>“The historical playbook is that coming out of a recession, you tend to see low-quality outperformance that lasts about a year, then leadership flips back to high quality,” Calvasina says. “But that transition from low quality back to high quality tends to be very bumpy.”</p>\n<p><b>A Shopping List for Fall</b></p>\n<p>Most strategists favor a combination of economically sensitive stocks and steady growers, including tech shares. Financials should do well, particularly if bond yields rise.</p>\n<p><img src=\"https://static.tigerbbs.com/a54c4bd114c1a5f7f700d1fc14d30d8e\" tg-width=\"970\" tg-height=\"230\" referrerpolicy=\"no-referrer\"></p>\n<p>Although stocks with quality attributes have outperformed the market this summer, according to a <a href=\"https://laohu8.com/S/BLK\">BlackRock</a> analysis, the quality factor has lagged since positive vaccine news was first reported last November.</p>\n<p>“We’re moving into a mid-cycle environment, when underlying economic growth remains strong but momentum begins to decelerate,” BlackRock’s Fredericks says. “Our research shows that quality stocks perform particularly well in such a period.”</p>\n<p>He recommends overweighting profitable technology companies; financials, including banks, and consumer staples and industrials with those quality characteristics.</p>\n<p>For <a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>’s head of equity strategy, Christopher Harvey, a mix of post-pandemic beneficiaries and defensive exposure is the way to go. He constructed a basket of stocks with lower-than-average volatility—which should outperform during periods of market uncertainty or stress this fall—and high “Covid beta,” or sensitivity to good or bad news about the pandemic. One requirement; The stocks had to be rated the equivalent of Buy by Wells Fargo’s equity analysts.</p>\n<p>“There’s near-term economic uncertainty, interest-rate uncertainty, and Covid risk, and generally we’re in a seasonally weaker part of the year around September,” says Harvey. “If we can balance low vol and high Covid beta, we can mitigate a lot of the upcoming uncertainty and volatility around timing of several of those catalysts. Longer-term, though, we still want to have that [reopening exposure.]”</p>\n<p>Harvey’s list of low-volatility stocks with high Covid beta includesApple(AAPL),<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>(BAC),<a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust(NTRS),Lowe’s(LOW),<a href=\"https://laohu8.com/S/IQV\">IQVIA</a> Holdings(IQV), andMasco(MAS).</p>\n<p>Overall, banks are the most frequently recommended group for the months ahead. TheInvesco KBW Bankexchange-traded fund (KBWB) provides broad exposure to the sector in the U.S.</p>\n<p>“We like the valuations [and] credit quality; they are now allowed to buy back shares and increase dividends, and there’s higher Covid beta,” says Harvey.</p>\n<p>Cheaper valuations mean less potential downside in a market correction. And, contrary to much of the rest of the stock market, higher interest rates would be a tailwind for the banks, which could then charge more for loans.</p>\n<p><a href=\"https://laohu8.com/S/HCSG\">Healthcare</a> stocks also have some fans. “<a href=\"https://laohu8.com/S/HR\">Healthcare</a> has both defensive and growth attributes to it,” Wilson says. “You’re paying a lot less per unit of growth in healthcare today than you are in other sectors. So we think it provides good balance in this market when we’re worried about valuation.” Health insurerHumana(HUM) makes Wilson’s “Fresh Money Buy List” of stocks Buy-rated by <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> analysts and fitting his macro views.</p>\n<p>Nuveen’s Malik is also looking toward health care for relatively underpriced growth exposure, namely in the pharmaceuticals and biotechnology groups. She points toSeagen(SGEN), which is focused on oncology drugs and could be an attractive acquisition target for a pharma giant.</p>\n<p>Malik also likesAbbVie(ABBV) which trades at an undemanding eight times forward earnings and sports a 4.7% dividend yield. The coming expiration of patents on its blockbuster anti-inflammatory drug Humira has kept some investors away, but Malik is confident that management can limit the damage and sees promising drugs in development at the $200 billion company.</p>\n<p>Both stocks have had a tough time in recent days. Seagen fell more than 8% last week, to around $152, on news that its co-founder and CEO sold a large number of shares recently. AndAbbVietanked 7% Wednesday, to $112.27, after the Food and Drug Administration required new warning labels for JAK inhibitors, a type of anti-rheumatoid drug that includes one of <a href=\"https://laohu8.com/S/ABBV\">AbbVie</a>’s most promising post-Humira products.</p>\n<p><a href=\"https://laohu8.com/S/PFE\">Pfizer</a>(PFE),<a href=\"https://laohu8.com/S/AXP\">American Express</a>(AXP),Johnson &amp; Johnson(JNJ), andCisco Systems(CSCO) are other S&amp;P 500 members that pass a<i>Barron’s</i>screen for quality attributes.</p>\n<p>After a year of steady gains, investors might be reminded this fall that stocks can also decline, as growth momentum and policy support begin to fade. But underlying economic strength supports buying the dip, should the market drop from its highs. <a href=\"https://laohu8.com/S/JE\">Just</a> be more selective. And go with quality.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strategists Say the Stock Market Could Struggle This Fall. What to Buy 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\">\nStrategists Say the Stock Market Could Struggle This Fall. What to Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&P 500stock index has...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.barrons.com/articles/stocks-could-struggle-this-fall-market-strategists-say-stick-with-quality-companies-51630699840?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130130857","content_text":"What a year this has been for the markets! Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and (until recently) a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.\nTailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnings growth are likely to decelerate through the end of the year. What’s more, theFederal Reserve has all but promised to start tapering its bond buyingin coming months, and the Biden administration has proposed hiking corporate and personal tax rates. None of this is apt to sit well with holders of increasingly pricey shares.\nIn other words,brace for a volatile fallin which conflicting forces buffet stocks, bonds, and investors. “The everything rally is behind us,” says Saira Malik, chief investment officer of global equities at Nuveen. “It’s not going to be a sharply rising economic tide that lifts all boats from here.”\nThat’s the general consensus among the six market strategists and chief investment officers whomBarron’srecently consulted. All see the S&P 500 ending the year near Thursday’s close of 4536. Their average target: 4585.\nNext year’s gains look muted, as well, relative to recent trends. The group expects the S&P 500 to tack on another 6% in 2022, rising to about 4800.\nWith stocks trading for about 21 times the coming year’s expected earnings,bonds yielding little, and cash yielding less than nothing after accounting for inflation, investors face tough asset-allocation decisions. In place of the “everything rally,” which lifted fast-growing tech stocks, no-growth meme stocks, and the Dogecoins of the digital world, our market watchers recommend focusing on “quality” investments. In equities, that means shares of businesses with solid balance sheets, expanding profit margins, and ample and recurring free cash flow. Even if the averages do little in coming months, these stocks are likely to shine.\nThe stock market’s massive rally in the past year was a gift of sorts from the Federal Reserve, which flooded the financial system with money to stave off theeconomic damage wrought by the Covid pandemic. Since March 2020, the U.S. central bank has been buying a combined $120 billion a month of U.S. Treasuries and mortgage-backed securities, while keeping its benchmark federal-funds rate target at 0% to 0.25%. These moves have depressed bond yields and pushed investors into riskier assets, including stocks.\nFed Chairman Jerome Powell has said that the central bank might begin to wind down, or taper, its emergency asset purchases sometime in the coming quarters, a move that could roil risk assets of all sorts. “For us, it’s very simple: Tapering is tightening,” says Mike Wilson, chief investment officer and chief U.S. equity strategist atMorgan Stanley.“It’s the first step away from maximum accommodation [by the Fed]. They’re being very calculated about it this time, but the bottom line is that it should have a negative effect on equity valuations.”\nThe government’s stimulus spending, too, has peaked, the strategists note. Supplemental federal unemployment benefits of $300 a week expire as of Sept. 6. Although Congress seems likely to pass a bipartisan infrastructure bill this fall, the near-term economic impact will pale in comparison to the multiple rounds of stimulus introduced since March 2020.\nThe bill includes about $550 billion in new spending—a fraction of the trillions authorized by previous laws—and it will be spread out over many years. The short-term boost that infrastructure stimulus will give to consumer spending, which accounts for almost 70% of U.S. growth domestic product, won’t come close to what the economy saw after millions of Americans received checks from the government this past year.\nA budget bill approved by Democrats only should follow the infrastructure bill, and include spending to support Medicare expansion, child-care funding, free community-college tuition, public housing, and climate-related measures, among other party priorities. Congress could vote to lift taxes on corporations and high-earning individuals to offset that spending—another near-term risk to the market.\nOther politically charged issues likewise could derail equities this fall. Congress needs to pass a debt-ceiling increase to fund the government, and a stop-gap spending bill later this month to avoid a Washington shutdown in October.\nFor now, our market experts are relatively sanguine about the economic impact of the Delta variant of Covid-19. As long as vaccines remain effective in minimizing severe infections that lead to hospitalizations and deaths, the negative effects of the current Covid wave will be limited largely to the travel industry and movie theaters, they say. Wall Street’s base case for the market doesn’t include a renewed wave of lockdowns that would undermine economic growth.\nInflation has been a hot topic at the Fed and among investors, partly because it has been running so hot of late. The U.S. consumer price index rose at an annualized 5.4% in both June and July—a spike the Fed calls transitory, although others aren’t so sure. The strategists are taking Powell’s side of the argument; they expect inflation to fall significantly next year. Their forecasts fall between 2.5% and 3.5%, which they consider manageable for consumers and companies, and an acceptable side effect of rapid economic growth. An inflation rate above 2.5%, however, combined with Fed tapering, would mean that now ultralow bond yields should rise.\n“We think inflation will continue to run hotter than it has since the financial crisis, but it’s hard for us to see inflation much over 2.5% once many of the reopening-related pressures start to dissipate,” says Michael Fredericks, head of income investing for theBlackRockMulti-Asset Strategies Group. “So bond yields do need to move up, but that will happen gradually.”\nThe strategists see the yield on the 10-year U.S. Treasury note climbing to around 1.65% by year end. That’s about 35 basis points—or hundredths of a percentage point—above current levels, but below the 1.75% that the yield reached at its March 2021 highs. By next year, the 10-year Treasury could yield 2%, the group says. Those aren’t big moves in absolute terms, but they’re meaningful for the bond market—and could be even more so for stocks.\nRising yields tend to weigh on stock valuations for two reasons. Higher-yielding bonds offer competition to stocks, and companies’ future earnings are worthless in the present when discounting them at a higher rate. Still, a 10-year yield around 2% won’t be enough to knock stock valuations down to pre-Covid levels. Even if yields climb, market strategists see the price/earnings multiple of the S&P 500 holding well above its 30-year average of 16 times forward earnings. The index’s forward P/E topped 23 last fall.\n\nAs long as 10-year Treasury yields stay in the 2% range, the S&P 500 should be able to command a forward P/E in the high teens, strategists say. A return to the 16-times long-term average isn’t in the cards until there is more pressure from much higher yields—or something else that causes stocks to fall.\nIf yields surge past 2% or 2.25%, investors could start to question equity valuations more seriously, says State Street’schief portfolio strategist, Gaurav Mallik: “We haven’t seen [the 10-year yield] above 2% for some time now, so that’s an important sentiment level for investors.”\n\nWilson is more concerned, noting that the stock market’s valuation risk is asymmetric: “It’s very unlikely that multiples are going to go up, and there’s a good chance that they go down more than 10% given the deceleration in growth and where we are in the cycle,” he says\nIf 16 to 23 times forward earnings is the range, he adds, “you’re already at the very high end of that. There’s more potential risk than reward.”\nSome P/E-multiple compression is baked into all six strategists’ forecasts, heaping greater importance on the path of profit growth. On average, the strategists expect S&P 500 earnings to jump 46% this year, to about $204, after last year’s earnings depression. That could be followed by a more normalized gain of 9% in 2022, to about $222.50.\nA potential headwind would be a higher federal corporate-tax rate in 2022. The details of Democrats’ spending and taxation plans will be worked out in the coming weeks, and investors can expect to hear a lot more about potential tax increases. Several strategists see a 25% federal rate on corporate profits as a likely compromise figure, above the 21% in place since 2018, but below the 28% sought by the Biden administration.\nAn increase of that magnitude would shave about 5% off S&P 500 earnings next year. The index could drop by a similar amount as the passage of the Democrats’ reconciliation bill nears this fall, but the impact should be limited to that initial correction. As with the tax cuts in December 2017, the change should be a one-time event for the market, some strategists predict.\nThese concerns aside, investors shouldn’t miss the bigger picture: The U.S. economy is in good shape and growing robustly. The strategists expect gross domestic product to rise 6.3% this year and about 4% in 2022. “The cyclical uplift and above-trend growth will continue at least through 2022, and we want to be biased toward assets that have that exposure,” says Mallik.\n\n “We’re going to have a hot economy this year and next. When GDP growth is above average, value beats growth and cyclicals beat defensives.”— Lori Calvasina, RBC Capital Markets\n\nThe State Street strategist recommends overweighting materials, financials, and technology in investment portfolios. That approach includes both economically sensitive companies, such as banks and miners, and steady growers in the tech sector.\nRBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, likewise takes a barbell approach, with both cyclical and growth exposure. Her preferred sectors are energy, financials, and technology.\n“Valuations are still a lot more attractive in financials and energy than growth [sectors such as technology or consumer discretionary,]” Calvasina says. “The catalyst in the near term is getting out of the current Covid wave... We’re going to have a hot economy this year and next, and traditionally when GDP growth is above average, value beats growth and cyclicals beat defensives.”\nBut the focus on quality will be pivotal, especially moving into the second half of 2022. That’s when the Fed is likely to hike interest rates for the first time in this cycle. By 2023, the economy could return to pre-Covid growth on the order of 2%.\n“The historical playbook is that coming out of a recession, you tend to see low-quality outperformance that lasts about a year, then leadership flips back to high quality,” Calvasina says. “But that transition from low quality back to high quality tends to be very bumpy.”\nA Shopping List for Fall\nMost strategists favor a combination of economically sensitive stocks and steady growers, including tech shares. Financials should do well, particularly if bond yields rise.\n\nAlthough stocks with quality attributes have outperformed the market this summer, according to a BlackRock analysis, the quality factor has lagged since positive vaccine news was first reported last November.\n“We’re moving into a mid-cycle environment, when underlying economic growth remains strong but momentum begins to decelerate,” BlackRock’s Fredericks says. “Our research shows that quality stocks perform particularly well in such a period.”\nHe recommends overweighting profitable technology companies; financials, including banks, and consumer staples and industrials with those quality characteristics.\nFor Wells Fargo’s head of equity strategy, Christopher Harvey, a mix of post-pandemic beneficiaries and defensive exposure is the way to go. He constructed a basket of stocks with lower-than-average volatility—which should outperform during periods of market uncertainty or stress this fall—and high “Covid beta,” or sensitivity to good or bad news about the pandemic. One requirement; The stocks had to be rated the equivalent of Buy by Wells Fargo’s equity analysts.\n“There’s near-term economic uncertainty, interest-rate uncertainty, and Covid risk, and generally we’re in a seasonally weaker part of the year around September,” says Harvey. “If we can balance low vol and high Covid beta, we can mitigate a lot of the upcoming uncertainty and volatility around timing of several of those catalysts. Longer-term, though, we still want to have that [reopening exposure.]”\nHarvey’s list of low-volatility stocks with high Covid beta includesApple(AAPL),Bank of America(BAC),Northern Trust(NTRS),Lowe’s(LOW),IQVIA Holdings(IQV), andMasco(MAS).\nOverall, banks are the most frequently recommended group for the months ahead. TheInvesco KBW Bankexchange-traded fund (KBWB) provides broad exposure to the sector in the U.S.\n“We like the valuations [and] credit quality; they are now allowed to buy back shares and increase dividends, and there’s higher Covid beta,” says Harvey.\nCheaper valuations mean less potential downside in a market correction. And, contrary to much of the rest of the stock market, higher interest rates would be a tailwind for the banks, which could then charge more for loans.\nHealthcare stocks also have some fans. “Healthcare has both defensive and growth attributes to it,” Wilson says. “You’re paying a lot less per unit of growth in healthcare today than you are in other sectors. So we think it provides good balance in this market when we’re worried about valuation.” Health insurerHumana(HUM) makes Wilson’s “Fresh Money Buy List” of stocks Buy-rated by Morgan Stanley analysts and fitting his macro views.\nNuveen’s Malik is also looking toward health care for relatively underpriced growth exposure, namely in the pharmaceuticals and biotechnology groups. She points toSeagen(SGEN), which is focused on oncology drugs and could be an attractive acquisition target for a pharma giant.\nMalik also likesAbbVie(ABBV) which trades at an undemanding eight times forward earnings and sports a 4.7% dividend yield. The coming expiration of patents on its blockbuster anti-inflammatory drug Humira has kept some investors away, but Malik is confident that management can limit the damage and sees promising drugs in development at the $200 billion company.\nBoth stocks have had a tough time in recent days. Seagen fell more than 8% last week, to around $152, on news that its co-founder and CEO sold a large number of shares recently. AndAbbVietanked 7% Wednesday, to $112.27, after the Food and Drug Administration required new warning labels for JAK inhibitors, a type of anti-rheumatoid drug that includes one of AbbVie’s most promising post-Humira products.\nPfizer(PFE),American Express(AXP),Johnson & Johnson(JNJ), andCisco Systems(CSCO) are other S&P 500 members that pass aBarron’sscreen for quality attributes.\nAfter a year of steady gains, investors might be reminded this fall that stocks can also decline, as growth momentum and policy support begin to fade. But underlying economic strength supports buying the dip, should the market drop from its highs. Just be more selective. And go with quality.","news_type":1},"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880373337,"gmtCreate":1631022853629,"gmtModify":1676530445338,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Omg this was crazy&nbsp;","listText":"Omg this was crazy&nbsp;","text":"Omg this was crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880373337","repostId":"1148433063","repostType":4,"repost":{"id":"1148433063","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":1631022522,"share":"https://ttm.financial/m/news/1148433063?lang=&edition=fundamental","pubTime":"2021-09-07 21:48","market":"us","language":"en","title":"Apple reached record high in early trading, $3 Trillion Is Next, Says This Expert","url":"https://stock-news.laohu8.com/highlight/detail?id=1148433063","media":"Tiger Newspress","summary":"(Sept 7) Apple reached record high in early trading.\n\n\nWedbush’s Dan Ives has made a bold prediction","content":"<p>(Sept 7)&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a> reached record high in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/96dca33753e8aa6e7dc7045ba0a22ae2\" tg-width=\"1094\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n <b>Wedbush’s Dan Ives has made a bold prediction: <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock will be valued at $3 trillion within six to nine months. Here is what supports his bullish thesis.</b>\n</blockquote>\n<p>Wedbush analyst Dan Ives, whom&nbsp;the Apple Maven interviewed a few weeks ago, is not letting off the gas. In his opinion, <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock-Get Apple Inc. (AAPL) Report&nbsp;will be valued at $3 trillion within the next six to nine months – thus becoming the first company to ever reach this valuation milestone.</p>\n<p>The Apple Maven reviews Mr. Ives’ bullish thesis and the key factors that support it. Lastly, I present <a href=\"https://laohu8.com/S/AONE.U\">one</a> rare instance in which I disagree with the Wedbush analyst.</p>\n<p><b>It starts with the super cycle</b></p>\n<p>During his&nbsp;interview&nbsp;with Bloomberg, Dan Ives explained why Apple stock should be worth $3 trillion soon, up 18% from $2.55 trillion today. At the core of the bullish case is what the analyst calls the “elongated iPhone super cycle”.</p>\n<p>In my conversation with Dan, he explained that Wall Street underestimates the depth of the upgrade cycle that the iPhone 12 has merely kickstarted. Rather than one wave, he sees multiple iterations of smartphone users buying Apple’s new devices over the next few years. His quote:</p>\n<blockquote>\n “If you look at it, we still have 25% of the base that has not upgraded their iPhones in the last three and a half years. 5G does not get fully embraced for the next two or three years, until the networks are built out. In <a href=\"https://laohu8.com/S/CAAS\">China</a> [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n</blockquote>\n<p><b>Services and innovation</b></p>\n<p>But not all is about iPhone sales upside. Dan also mentioned two other important factors that support his bullishness: services and technological innovations.</p>\n<p>On the former, the analyst believes that this massive segment, which produces $65 billion in revenues per year and grows at a pace of 20%-plus, is worth $1.4 trillion. The 20x implied price-to-sales valuation may seem too rich, but less so if one considers the enviable 65% op margins and solid growth prospects.</p>\n<p>Regarding the latter, Dan points out that Apple continues to impress on the technological innovation front – something that has not been left in the rearview mirror, as some skeptics believe. I agree with this take, especially ahead of two likely product launches in the next five years:mixed-reality headsetsandthe Apple Car.</p>\n<p><b>On the App Store risk</b></p>\n<p>I tend to agree with Dan Ives on most of the arguments that he makes about Apple and its stock. However, in my view, he does not seem worried enough about the risks associated with the App Store and the scrutiny around Apple’s highly lucrative app platform.</p>\n<p>Dan certainly recognizes the regulatory challenges. However, he sees the consequences leaning more towards fines rather than business model changes. He thinks that the risk to the 30% App Store fee is seen as contained by investors, which seems evident in lack of share price pressures as of late.</p>\n<p>I, on the other hand,believe that the business model changesare already underway. The key question in my mind is not if there will be a negative impact, but to what extent. I believe only time will answer this question with any accuracy, starting with Apple’s fiscal Q4 earnings report and fiscal Q1 guidance to be released in October.</p>\n<p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> speaks</b></p>\n<p>The most bullish of Apple analysts thinks that AAPL will be valued at $3 trillion within the next 6 to 9 months. How likely do you think that this price target will materialize within this time frame?</p>\n<p><img src=\"https://static.tigerbbs.com/d18b1381ad0ad256d9235af07734ab85\" tg-width=\"562\" tg-height=\"338\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple reached record high in early trading, $3 Trillion Is Next, Says This Expert</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple reached record high in early trading, $3 Trillion Is Next, Says This Expert\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-07 21:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 7)&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a> reached record high in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/96dca33753e8aa6e7dc7045ba0a22ae2\" tg-width=\"1094\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n <b>Wedbush’s Dan Ives has made a bold prediction: <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock will be valued at $3 trillion within six to nine months. Here is what supports his bullish thesis.</b>\n</blockquote>\n<p>Wedbush analyst Dan Ives, whom&nbsp;the Apple Maven interviewed a few weeks ago, is not letting off the gas. In his opinion, <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock-Get Apple Inc. (AAPL) Report&nbsp;will be valued at $3 trillion within the next six to nine months – thus becoming the first company to ever reach this valuation milestone.</p>\n<p>The Apple Maven reviews Mr. Ives’ bullish thesis and the key factors that support it. Lastly, I present <a href=\"https://laohu8.com/S/AONE.U\">one</a> rare instance in which I disagree with the Wedbush analyst.</p>\n<p><b>It starts with the super cycle</b></p>\n<p>During his&nbsp;interview&nbsp;with Bloomberg, Dan Ives explained why Apple stock should be worth $3 trillion soon, up 18% from $2.55 trillion today. At the core of the bullish case is what the analyst calls the “elongated iPhone super cycle”.</p>\n<p>In my conversation with Dan, he explained that Wall Street underestimates the depth of the upgrade cycle that the iPhone 12 has merely kickstarted. Rather than one wave, he sees multiple iterations of smartphone users buying Apple’s new devices over the next few years. His quote:</p>\n<blockquote>\n “If you look at it, we still have 25% of the base that has not upgraded their iPhones in the last three and a half years. 5G does not get fully embraced for the next two or three years, until the networks are built out. In <a href=\"https://laohu8.com/S/CAAS\">China</a> [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n</blockquote>\n<p><b>Services and innovation</b></p>\n<p>But not all is about iPhone sales upside. Dan also mentioned two other important factors that support his bullishness: services and technological innovations.</p>\n<p>On the former, the analyst believes that this massive segment, which produces $65 billion in revenues per year and grows at a pace of 20%-plus, is worth $1.4 trillion. The 20x implied price-to-sales valuation may seem too rich, but less so if one considers the enviable 65% op margins and solid growth prospects.</p>\n<p>Regarding the latter, Dan points out that Apple continues to impress on the technological innovation front – something that has not been left in the rearview mirror, as some skeptics believe. I agree with this take, especially ahead of two likely product launches in the next five years:mixed-reality headsetsandthe Apple Car.</p>\n<p><b>On the App Store risk</b></p>\n<p>I tend to agree with Dan Ives on most of the arguments that he makes about Apple and its stock. However, in my view, he does not seem worried enough about the risks associated with the App Store and the scrutiny around Apple’s highly lucrative app platform.</p>\n<p>Dan certainly recognizes the regulatory challenges. However, he sees the consequences leaning more towards fines rather than business model changes. He thinks that the risk to the 30% App Store fee is seen as contained by investors, which seems evident in lack of share price pressures as of late.</p>\n<p>I, on the other hand,believe that the business model changesare already underway. The key question in my mind is not if there will be a negative impact, but to what extent. I believe only time will answer this question with any accuracy, starting with Apple’s fiscal Q4 earnings report and fiscal Q1 guidance to be released in October.</p>\n<p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> speaks</b></p>\n<p>The most bullish of Apple analysts thinks that AAPL will be valued at $3 trillion within the next 6 to 9 months. How likely do you think that this price target will materialize within this time frame?</p>\n<p><img src=\"https://static.tigerbbs.com/d18b1381ad0ad256d9235af07734ab85\" tg-width=\"562\" tg-height=\"338\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148433063","content_text":"(Sept 7) Apple reached record high in early trading.\n\n\nWedbush’s Dan Ives has made a bold prediction: Apple stock will be valued at $3 trillion within six to nine months. Here is what supports his bullish thesis.\n\nWedbush analyst Dan Ives, whom the Apple Maven interviewed a few weeks ago, is not letting off the gas. In his opinion, Apple stock-Get Apple Inc. (AAPL) Report will be valued at $3 trillion within the next six to nine months – thus becoming the first company to ever reach this valuation milestone.\nThe Apple Maven reviews Mr. Ives’ bullish thesis and the key factors that support it. Lastly, I present one rare instance in which I disagree with the Wedbush analyst.\nIt starts with the super cycle\nDuring his interview with Bloomberg, Dan Ives explained why Apple stock should be worth $3 trillion soon, up 18% from $2.55 trillion today. At the core of the bullish case is what the analyst calls the “elongated iPhone super cycle”.\nIn my conversation with Dan, he explained that Wall Street underestimates the depth of the upgrade cycle that the iPhone 12 has merely kickstarted. Rather than one wave, he sees multiple iterations of smartphone users buying Apple’s new devices over the next few years. His quote:\n\n “If you look at it, we still have 25% of the base that has not upgraded their iPhones in the last three and a half years. 5G does not get fully embraced for the next two or three years, until the networks are built out. In China [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n\nServices and innovation\nBut not all is about iPhone sales upside. Dan also mentioned two other important factors that support his bullishness: services and technological innovations.\nOn the former, the analyst believes that this massive segment, which produces $65 billion in revenues per year and grows at a pace of 20%-plus, is worth $1.4 trillion. The 20x implied price-to-sales valuation may seem too rich, but less so if one considers the enviable 65% op margins and solid growth prospects.\nRegarding the latter, Dan points out that Apple continues to impress on the technological innovation front – something that has not been left in the rearview mirror, as some skeptics believe. I agree with this take, especially ahead of two likely product launches in the next five years:mixed-reality headsetsandthe Apple Car.\nOn the App Store risk\nI tend to agree with Dan Ives on most of the arguments that he makes about Apple and its stock. However, in my view, he does not seem worried enough about the risks associated with the App Store and the scrutiny around Apple’s highly lucrative app platform.\nDan certainly recognizes the regulatory challenges. However, he sees the consequences leaning more towards fines rather than business model changes. He thinks that the risk to the 30% App Store fee is seen as contained by investors, which seems evident in lack of share price pressures as of late.\nI, on the other hand,believe that the business model changesare already underway. The key question in my mind is not if there will be a negative impact, but to what extent. I believe only time will answer this question with any accuracy, starting with Apple’s fiscal Q4 earnings report and fiscal Q1 guidance to be released in October.\nTwitter speaks\nThe most bullish of Apple analysts thinks that AAPL will be valued at $3 trillion within the next 6 to 9 months. How likely do you think that this price target will materialize within this time frame?","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817854039,"gmtCreate":1630934868621,"gmtModify":1676530423950,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Nice post and thanks for sharing&nbsp;","listText":"Nice post and thanks for sharing&nbsp;","text":"Nice post and thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/817854039","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814657174,"gmtCreate":1630815825498,"gmtModify":1676530400391,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814657174","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beat the market with this quant system that’s very bullish on stocks at record highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?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":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812298941,"gmtCreate":1630589172383,"gmtModify":1676530348524,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Nice and thanks for sharing&nbsp;","listText":"Nice and thanks for sharing&nbsp;","text":"Nice and thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/812298941","repostId":"2164847089","repostType":4,"repost":{"id":"2164847089","pubTimestamp":1630588920,"share":"https://ttm.financial/m/news/2164847089?lang=&edition=fundamental","pubTime":"2021-09-02 21:22","market":"us","language":"en","title":"Why Is Everyone Talking About JOYY Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2164847089","media":"Motley Fool","summary":"The Chinese live video streaming company might go private in the near future.","content":"<p><b>JOYY</b> (NASDAQ:YY) recently became <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the market's most talked-about Chinese tech stocks amid rumors that it could be taken private.</p>\n<p>On Aug. 27, <i>Reuters</i> claimed that JOYY chairman David Li and <b>Xiaomi </b>founder Lei Jun were in talks to take the company private for $75 to $100 per share. JOYY could also spin off Bigo, its core subsidiary and the segment that generates most of its revenue, in a new listing in Hong Kong or another Asian exchange.</p>\n<p>JOYY's stock was only trading in the low $60s when that story broke,&nbsp;so some investors sensed an opportunity to profit from the rumored deal. But later that day, JOYY declared on its <b>Weibo</b> account that it hadn't received any \"formal\" takeover offers.</p>\n<p>Should investors buy JOYY's stock, which tumbled more than 20% this year amid China's ongoing tech crackdown, as a potential buyout play? First, let's take a fresh look at JOYY's business, the motivations behind the rumored privatization deal, and if it properly values the company.</p>\n<h2>What does JOYY do?</h2>\n<p>JOYY went public in late 2012 as YY. At the time, YY generated most of its revenue from its namesake live streaming platform and related social networking services within China. China's livestreaming market initially grew like a weed, but it quickly became saturated and a major target for censors and regulators.</p>\n<p>To pivot away from China, YY bought Singapore-based Bigo -- which owns the Bigo Live streaming platform, Likee short video app, and Hago mobile gaming network -- for $1.45 billion in 2019. It changed its name to JOYY later that year, then agreed to sell its entire YY Live division to <b>Baidu</b> (NASDAQ:BIDU) for $3.6 billion last November.</p>\n<p>After JOYY's sale of YY Live closes, it will no longer generate any meaningful revenue from China -- Bigo Live, Likee, and Hago mainly serve overseas users in Southeast Asia, Latin America, the U.S., and Russia.</p>\n<p>However, JOYY is still based in China, which leaves it exposed to the country's ongoing crackdown on its top tech companies. China's SAMR (State Administration for Market Regulation) hasn't approved Baidu's takeover of YY Live yet, and the CAC's (Cyberspace Administration of China) new data privacy laws could impact its cross-border data transfers.</p>\n<p>U.S.-listed Chinese companies also face delisting threats in the U.S., as well as the potential elimination of the VIE (variable interest entity) business model that enabled them to go public via overseas shell companies.</p>\n<p>JOYY's Chinese roots also caused all of Bigo's apps to be banned in India, one of its most promising growth markets, last year. All those headwinds suggest it would be smarter for JOYY to completely eliminate its Chinese business, go private, and relaunch its business overseas.</p>\n<h2>Is going private in the best interest of its investors?</h2>\n<p>Many Chinese companies that initially went public in the U.S. subsequently took themselves private, and then relisted their shares on Chinese exchanges at higher valuations. Even Sina, the Chinese tech company that pioneered the VIE IPO, took itself private earlier this year.</p>\n<p>Most of those privatization deals were led by the companies' founders and CEOs, who either held massive stakes through their personal accounts or holding companies. As a result, any efforts by U.S. investors to block those abrupt offers -- which frequently undervalued the companies -- were futile.</p>\n<p>The rumors about JOYY follow that troubling trend. The rumored takeover bid of $75 to $100 per share represents a significant premium to JOYY's current price, but the stock was trading at nearly $150 just seven months ago.</p>\n<p>Last year, JOYY's revenue rose 112% to 13.23 billion yuan ($2.03 billion) as it integrated Bigo's higher-growth businesses. Analysts expect its revenue to rise 28% this year, with a narrower net loss.</p>\n<p>Based on these estimates, JOYY trades at just 0.9 times this year's sales. JOYY also ended last quarter with $4.92 billion in cash, cash equivalents, and short term investments, which nearly matches its current market cap.</p>\n<p>Therefore, a high-end bid of $100 per share, which values JOYY at nearly $8 billion, would still be too low for a company that generates double-digit sales growth with narrowing losses.</p>\n<p>But if JOYY takes itself private and delists its U.S. shares, its spin-off of Bigo -- which served 307.5 million monthly active users (MAUs) last quarter -- might fetch a much higher valuation in Hong Kong, Singapore, or another non-U.S. exchange. The spin-off could also enable Bigo to reestablish its headquarters outside of China and escape the country's tightening regulations.</p>\n<h2>Should investors buy JOYY as a buyout play?</h2>\n<p>JOYY might look like a tempting investment right now since its stock is cheap, it's being indiscriminately dumped with other Chinese stocks, and the rumored buyout offer could net a 20%-to-60% gain.</p>\n<p>But its sale of YY Live could still be nixed, the buyout rumors could fizzle out, and investors could still classify JOYY as a Chinese stock, even if it generates most of its revenue from other countries. So if you understand those risks, JOYY might be worth nibbling on. If not, you should stay very far away.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Everyone Talking About JOYY Stock?</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\">\nWhy Is Everyone Talking About JOYY Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 21:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/02/why-is-everyone-talking-about-joyy-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JOYY (NASDAQ:YY) recently became one of the market's most talked-about Chinese tech stocks amid rumors that it could be taken private.\nOn Aug. 27, Reuters claimed that JOYY chairman David Li and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/02/why-is-everyone-talking-about-joyy-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YY":"欢聚集团"},"source_url":"https://www.fool.com/investing/2021/09/02/why-is-everyone-talking-about-joyy-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164847089","content_text":"JOYY (NASDAQ:YY) recently became one of the market's most talked-about Chinese tech stocks amid rumors that it could be taken private.\nOn Aug. 27, Reuters claimed that JOYY chairman David Li and Xiaomi founder Lei Jun were in talks to take the company private for $75 to $100 per share. JOYY could also spin off Bigo, its core subsidiary and the segment that generates most of its revenue, in a new listing in Hong Kong or another Asian exchange.\nJOYY's stock was only trading in the low $60s when that story broke, so some investors sensed an opportunity to profit from the rumored deal. But later that day, JOYY declared on its Weibo account that it hadn't received any \"formal\" takeover offers.\nShould investors buy JOYY's stock, which tumbled more than 20% this year amid China's ongoing tech crackdown, as a potential buyout play? First, let's take a fresh look at JOYY's business, the motivations behind the rumored privatization deal, and if it properly values the company.\nWhat does JOYY do?\nJOYY went public in late 2012 as YY. At the time, YY generated most of its revenue from its namesake live streaming platform and related social networking services within China. China's livestreaming market initially grew like a weed, but it quickly became saturated and a major target for censors and regulators.\nTo pivot away from China, YY bought Singapore-based Bigo -- which owns the Bigo Live streaming platform, Likee short video app, and Hago mobile gaming network -- for $1.45 billion in 2019. It changed its name to JOYY later that year, then agreed to sell its entire YY Live division to Baidu (NASDAQ:BIDU) for $3.6 billion last November.\nAfter JOYY's sale of YY Live closes, it will no longer generate any meaningful revenue from China -- Bigo Live, Likee, and Hago mainly serve overseas users in Southeast Asia, Latin America, the U.S., and Russia.\nHowever, JOYY is still based in China, which leaves it exposed to the country's ongoing crackdown on its top tech companies. China's SAMR (State Administration for Market Regulation) hasn't approved Baidu's takeover of YY Live yet, and the CAC's (Cyberspace Administration of China) new data privacy laws could impact its cross-border data transfers.\nU.S.-listed Chinese companies also face delisting threats in the U.S., as well as the potential elimination of the VIE (variable interest entity) business model that enabled them to go public via overseas shell companies.\nJOYY's Chinese roots also caused all of Bigo's apps to be banned in India, one of its most promising growth markets, last year. All those headwinds suggest it would be smarter for JOYY to completely eliminate its Chinese business, go private, and relaunch its business overseas.\nIs going private in the best interest of its investors?\nMany Chinese companies that initially went public in the U.S. subsequently took themselves private, and then relisted their shares on Chinese exchanges at higher valuations. Even Sina, the Chinese tech company that pioneered the VIE IPO, took itself private earlier this year.\nMost of those privatization deals were led by the companies' founders and CEOs, who either held massive stakes through their personal accounts or holding companies. As a result, any efforts by U.S. investors to block those abrupt offers -- which frequently undervalued the companies -- were futile.\nThe rumors about JOYY follow that troubling trend. The rumored takeover bid of $75 to $100 per share represents a significant premium to JOYY's current price, but the stock was trading at nearly $150 just seven months ago.\nLast year, JOYY's revenue rose 112% to 13.23 billion yuan ($2.03 billion) as it integrated Bigo's higher-growth businesses. Analysts expect its revenue to rise 28% this year, with a narrower net loss.\nBased on these estimates, JOYY trades at just 0.9 times this year's sales. JOYY also ended last quarter with $4.92 billion in cash, cash equivalents, and short term investments, which nearly matches its current market cap.\nTherefore, a high-end bid of $100 per share, which values JOYY at nearly $8 billion, would still be too low for a company that generates double-digit sales growth with narrowing losses.\nBut if JOYY takes itself private and delists its U.S. shares, its spin-off of Bigo -- which served 307.5 million monthly active users (MAUs) last quarter -- might fetch a much higher valuation in Hong Kong, Singapore, or another non-U.S. exchange. The spin-off could also enable Bigo to reestablish its headquarters outside of China and escape the country's tightening regulations.\nShould investors buy JOYY as a buyout play?\nJOYY might look like a tempting investment right now since its stock is cheap, it's being indiscriminately dumped with other Chinese stocks, and the rumored buyout offer could net a 20%-to-60% gain.\nBut its sale of YY Live could still be nixed, the buyout rumors could fizzle out, and investors could still classify JOYY as a Chinese stock, even if it generates most of its revenue from other countries. So if you understand those risks, JOYY might be worth nibbling on. If not, you should stay very far away.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816405044,"gmtCreate":1630510748688,"gmtModify":1676530326753,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Nice thanks for sharing&nbsp;","listText":"Nice thanks for sharing&nbsp;","text":"Nice thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816405044","repostId":"2164550813","repostType":4,"repost":{"id":"2164550813","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":1630508907,"share":"https://ttm.financial/m/news/2164550813?lang=&edition=fundamental","pubTime":"2021-09-01 23:08","market":"us","language":"en","title":"U.S. crude stocks down, product demand hits all-time record - EIA","url":"https://stock-news.laohu8.com/highlight/detail?id=2164550813","media":"Reuters","summary":"Sept 1 (Reuters) - U.S. crude stocks dropped sharply while petroleum products supplied by refiners h","content":"<p>Sept 1 (Reuters) - U.S. crude stocks dropped sharply while petroleum products supplied by refiners hit an all-time record despite the rise in coronavirus cases nationwide, the Energy Information Administration said on Wednesday.</p>\n<p>Crude inventories fell by 7.2 million barrels in the week to Aug. 27 to 425.4 million barrels, compared with analysts' expectations in a Reuters poll for a 3.1 million-barrel drop.</p>\n<p>Product supplied by refineries, a measure of demand, rose to 22.8 million barrels per day in the most recent week. That's a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week record, and signals strength in consumption for diesel, gasoline and other fuels by consumers and exporters.</p>\n<p>The four-week average rose to 21.4 million bpd, highest since September 2019.</p>\n<p>\"Total products supplied increased a fair amount. That's surprising to me as we see product demand remaining robust despite some of the Delta variant concerns,\" said Tony Headrick, analyst at CHS Hedging.</p>\n<p>Next week's figures are likely to be skewed by the drop in offshore output due to Hurricane Ida, which has also shut numerous refineries on the U.S. Gulf Coast.</p>\n<p>U.S. production rose to 11.5 million barrels per day, highest since May 2020, even though weekly output figures are volatile and analysts generally rely more on monthly data from EIA on production.</p>\n<p>Refinery crude runs fell by 134,000 barrels per day in the last week, EIA said. Refinery utilization rates</p>\n<p>fell by 1.1 percentage points in the week as the summer driving season wanes and the less-active turnaround season approaches. Many refiners delayed maintenance last year due to a lack of workers related to COVID-19.</p>\n<p>U.S. gasoline stocks rose by 1.3 million barrels in the week to 227.2 million barrels, the EIA said, compared with expectations for a 1.6-million-barrel drop.</p>\n<p>Distillate stockpiles , which include diesel and heating oil, fell by 1.7 million barrels, versus expectations for a 650,000-barrel drop. Net U.S. crude imports fell last week by 45,000 barrels per day, EIA said.</p>\n<p>Oil prices remained lower on the day. U.S. crude fell 1.1%, or 81 cents, to $67.69 a barrel as of 10:53 a.m. EDT (1453 GMT). Brent dropped 74 cents, or 1%, to $70.90 a barrel.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. crude stocks down, product demand hits all-time record - EIA</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. crude stocks down, product demand hits all-time record - EIA\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-01 23:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 1 (Reuters) - U.S. crude stocks dropped sharply while petroleum products supplied by refiners hit an all-time record despite the rise in coronavirus cases nationwide, the Energy Information Administration said on Wednesday.</p>\n<p>Crude inventories fell by 7.2 million barrels in the week to Aug. 27 to 425.4 million barrels, compared with analysts' expectations in a Reuters poll for a 3.1 million-barrel drop.</p>\n<p>Product supplied by refineries, a measure of demand, rose to 22.8 million barrels per day in the most recent week. That's a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week record, and signals strength in consumption for diesel, gasoline and other fuels by consumers and exporters.</p>\n<p>The four-week average rose to 21.4 million bpd, highest since September 2019.</p>\n<p>\"Total products supplied increased a fair amount. That's surprising to me as we see product demand remaining robust despite some of the Delta variant concerns,\" said Tony Headrick, analyst at CHS Hedging.</p>\n<p>Next week's figures are likely to be skewed by the drop in offshore output due to Hurricane Ida, which has also shut numerous refineries on the U.S. Gulf Coast.</p>\n<p>U.S. production rose to 11.5 million barrels per day, highest since May 2020, even though weekly output figures are volatile and analysts generally rely more on monthly data from EIA on production.</p>\n<p>Refinery crude runs fell by 134,000 barrels per day in the last week, EIA said. Refinery utilization rates</p>\n<p>fell by 1.1 percentage points in the week as the summer driving season wanes and the less-active turnaround season approaches. Many refiners delayed maintenance last year due to a lack of workers related to COVID-19.</p>\n<p>U.S. gasoline stocks rose by 1.3 million barrels in the week to 227.2 million barrels, the EIA said, compared with expectations for a 1.6-million-barrel drop.</p>\n<p>Distillate stockpiles , which include diesel and heating oil, fell by 1.7 million barrels, versus expectations for a 650,000-barrel drop. Net U.S. crude imports fell last week by 45,000 barrels per day, EIA said.</p>\n<p>Oil prices remained lower on the day. U.S. crude fell 1.1%, or 81 cents, to $67.69 a barrel as of 10:53 a.m. EDT (1453 GMT). Brent dropped 74 cents, or 1%, to $70.90 a barrel.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DGAZ":"三倍做空天然气ETN(VelocityShares)","DUG":"二倍做空石油与天然气ETF(ProShares)","DWT":"三倍做空原油ETN","USO":"美国原油ETF","DDG":"ProShares做空石油与天然气ETF","SCO":"二倍做空彭博原油指数ETF","UCO":"二倍做多彭博原油ETF","UGAZ":"三倍做多天然气ETN(VelocityShares)","UNG":"美国天然气基金"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164550813","content_text":"Sept 1 (Reuters) - U.S. crude stocks dropped sharply while petroleum products supplied by refiners hit an all-time record despite the rise in coronavirus cases nationwide, the Energy Information Administration said on Wednesday.\nCrude inventories fell by 7.2 million barrels in the week to Aug. 27 to 425.4 million barrels, compared with analysts' expectations in a Reuters poll for a 3.1 million-barrel drop.\nProduct supplied by refineries, a measure of demand, rose to 22.8 million barrels per day in the most recent week. That's a one-week record, and signals strength in consumption for diesel, gasoline and other fuels by consumers and exporters.\nThe four-week average rose to 21.4 million bpd, highest since September 2019.\n\"Total products supplied increased a fair amount. That's surprising to me as we see product demand remaining robust despite some of the Delta variant concerns,\" said Tony Headrick, analyst at CHS Hedging.\nNext week's figures are likely to be skewed by the drop in offshore output due to Hurricane Ida, which has also shut numerous refineries on the U.S. Gulf Coast.\nU.S. production rose to 11.5 million barrels per day, highest since May 2020, even though weekly output figures are volatile and analysts generally rely more on monthly data from EIA on production.\nRefinery crude runs fell by 134,000 barrels per day in the last week, EIA said. Refinery utilization rates\nfell by 1.1 percentage points in the week as the summer driving season wanes and the less-active turnaround season approaches. Many refiners delayed maintenance last year due to a lack of workers related to COVID-19.\nU.S. gasoline stocks rose by 1.3 million barrels in the week to 227.2 million barrels, the EIA said, compared with expectations for a 1.6-million-barrel drop.\nDistillate stockpiles , which include diesel and heating oil, fell by 1.7 million barrels, versus expectations for a 650,000-barrel drop. Net U.S. crude imports fell last week by 45,000 barrels per day, EIA said.\nOil prices remained lower on the day. U.S. crude fell 1.1%, or 81 cents, to $67.69 a barrel as of 10:53 a.m. EDT (1453 GMT). Brent dropped 74 cents, or 1%, to $70.90 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818498766,"gmtCreate":1630423671655,"gmtModify":1676530300808,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818498766","repostId":"1166102613","repostType":4,"repost":{"id":"1166102613","pubTimestamp":1630423194,"share":"https://ttm.financial/m/news/1166102613?lang=&edition=fundamental","pubTime":"2021-08-31 23:19","market":"us","language":"en","title":"Gazprom triples quarterly earnings; revenues nearly double","url":"https://stock-news.laohu8.com/highlight/detail?id=1166102613","media":"seekingalpha","summary":"Gazprom(OTCPK:OGZPY)says it swung to an H1 pre-tax profit of 1.24T rubles ($16.88B), whileQ2 net inc","content":"<ul>\n <li>Gazprom(OTCPK:OGZPY)says it&nbsp;swung to an H1 pre-tax profit&nbsp;of 1.24T rubles ($16.88B), whileQ2 net income surged more than 3xfrom a year earlier to 521.2B rubles (~$7B).</li>\n <li>H1 net profit totaled 968.5B rubles compared with 23.92B rubes in the year-ago period, on sales of 4.35T - including a 93% increase in net sales to Europe and other countries to 702/4B rubles - vs. 2.9T the year before.</li>\n <li>For Q2, revenues rose 78% Y/Y to 2.07T rubles from 1.16T rubles in the prior-year quarter.</li>\n <li>Gazprom's Q3 results could be hurt after&nbsp;a fire earlier this month at its facilities in northern Russia reduced supplies that already were under strain.</li>\n</ul>","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>Gazprom triples quarterly earnings; revenues nearly double</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\">\nGazprom triples quarterly earnings; revenues nearly double\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3735708-gazprom-triples-quarterly-earnings-revenues-nearly-double><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gazprom(OTCPK:OGZPY)says it swung to an H1 pre-tax profit of 1.24T rubles ($16.88B), whileQ2 net income surged more than 3xfrom a year earlier to 521.2B rubles (~$7B).\nH1 net profit totaled 968.5B ...</p>\n\n<a href=\"https://seekingalpha.com/news/3735708-gazprom-triples-quarterly-earnings-revenues-nearly-double\">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://seekingalpha.com/news/3735708-gazprom-triples-quarterly-earnings-revenues-nearly-double","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1166102613","content_text":"Gazprom(OTCPK:OGZPY)says it swung to an H1 pre-tax profit of 1.24T rubles ($16.88B), whileQ2 net income surged more than 3xfrom a year earlier to 521.2B rubles (~$7B).\nH1 net profit totaled 968.5B rubles compared with 23.92B rubes in the year-ago period, on sales of 4.35T - including a 93% increase in net sales to Europe and other countries to 702/4B rubles - vs. 2.9T the year before.\nFor Q2, revenues rose 78% Y/Y to 2.07T rubles from 1.16T rubles in the prior-year quarter.\nGazprom's Q3 results could be hurt after a fire earlier this month at its facilities in northern Russia reduced supplies that already were under strain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811575290,"gmtCreate":1630334064410,"gmtModify":1676530273500,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/811575290","repostId":"2163145888","repostType":4,"repost":{"id":"2163145888","pubTimestamp":1630332893,"share":"https://ttm.financial/m/news/2163145888?lang=&edition=fundamental","pubTime":"2021-08-30 22:14","market":"us","language":"en","title":"Hill-Rom Jumps on Report Baxter Wants to Buy It for $10 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2163145888","media":"Investing.com","summary":"Investing.com – Hill-Rom stock was up more than 10% in early trading on a report in The Wall Street ","content":"<p>Investing.com – Hill-Rom stock&nbsp;was up more&nbsp;than 10% in early&nbsp;trading on a report in The Wall Street Journal that medical technology company Baxter&nbsp;is in advanced talks to buy the maker of hospital equipment in a deal worth around $10 billion.</p>\n<p>The WSJ report pegged the value of each Hill-Rom share that Baxter is ascribing to it at $150, around 13% higher than the stock’s closing on Friday.</p>\n<p>Baxter share had closed 0.3% higher Friday and traded 2.7% up in early&nbsp;trading&nbsp;on&nbsp;Monday.</p>\n<p>Mergers and acquisitions in the U.S. healthcare sector have taken place at a frenetic pace this year amid booming demand for these services in the wake of the pandemic.</p>\n<p>Takeover deals worth $399 billion have been struck in the U.S. so far this year, according to Dealogic.</p>\n<p>Hill-Rom is a maker of hospital beds and patient-monitoring devices. Baxter is a medical-technology company focusing on critical care, nutrition and surgical products.</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>Hill-Rom Jumps on Report Baxter Wants to Buy It for $10 Billion</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\">\nHill-Rom Jumps on Report Baxter Wants to Buy It for $10 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/hill-rom-jumps-report-baxter-053553222.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing.com – Hill-Rom stock was up more than 10% in early trading on a report in The Wall Street Journal that medical technology company Baxter is in advanced talks to buy the maker of hospital ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hill-rom-jumps-report-baxter-053553222.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HRC":"希尔罗控股","BAX":"百特国际"},"source_url":"https://finance.yahoo.com/news/hill-rom-jumps-report-baxter-053553222.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2163145888","content_text":"Investing.com – Hill-Rom stock was up more than 10% in early trading on a report in The Wall Street Journal that medical technology company Baxter is in advanced talks to buy the maker of hospital equipment in a deal worth around $10 billion.\nThe WSJ report pegged the value of each Hill-Rom share that Baxter is ascribing to it at $150, around 13% higher than the stock’s closing on Friday.\nBaxter share had closed 0.3% higher Friday and traded 2.7% up in early trading on Monday.\nMergers and acquisitions in the U.S. healthcare sector have taken place at a frenetic pace this year amid booming demand for these services in the wake of the pandemic.\nTakeover deals worth $399 billion have been struck in the U.S. so far this year, according to Dealogic.\nHill-Rom is a maker of hospital beds and patient-monitoring devices. Baxter is a medical-technology company focusing on critical care, nutrition and surgical products.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811576462,"gmtCreate":1630334015056,"gmtModify":1676530273455,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Lol haha. Let’s buy&nbsp;","listText":"Lol haha. Let’s buy&nbsp;","text":"Lol haha. Let’s buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811576462","repostId":"2163588460","repostType":4,"repost":{"id":"2163588460","pubTimestamp":1630333440,"share":"https://ttm.financial/m/news/2163588460?lang=&edition=fundamental","pubTime":"2021-08-30 22:24","market":"us","language":"en","title":"Wake Up, AMC Stock: Summer Is Ending","url":"https://stock-news.laohu8.com/highlight/detail?id=2163588460","media":"Motley Fool","summary":"Box office receipts for the movie industry this weekend were the lowest in more than two months. It was a cruel summer, but AMC has a box of candy up its sleeve.","content":"<p>It was a rough weekend at the corner multiplex. Movie theaters across the country had just $61.6 million in gross ticket sales over the weekend, the weakest box office action in more than two months. Horror flick <i>Candyman</i> was the top draw, but in terms of audience counts, the showing proved to be more trick than treat.</p>\n<p>This is literally the worst weekend performance of the summer season, and the trend isn't kind. We've seen box office receipts post sequential declines in five of the past seven weeks since peaking with <i>Black Widow</i>'s premiere. That particular week in early July was the only weekend that the industry broke above $100 million in ticket sales, a feat that happened every single weekend for movie studios during the 2018 and 2019 peak summer seasons.</p>\n<p>An empty theater is obviously a bad look for the industry, flying in the face of the narrative of <b>AMC Entertainment Holdings</b>&nbsp;(NYSE:AMC) as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of this year's hottest stocks. AMC is nearly a 20-bagger in 2021, but the fumbled momentum for the exhibitors this summer is defying the otherwise buoyant stock chart. Let's take a closer look at what went wrong, and why it's too soon to dismiss AMC's chances to get back on track.</p>\n<h2>The \"Candyman\" can't</h2>\n<p>Don't point the finger at <b>Comcast</b>'s (NASDAQ:CMCSA) <i>Candyman</i> reboot as the cause for the slump. It's checking in with a solid 85% approval rating for film critics tracked by Rotten Tomatoes. You also can't blame the widespread availability of online streaming options. <i>Candyman</i> (as well as the weekend's second-highest grossing film, <i>Free Guy</i>) are exclusive theatrical releases.</p>\n<p>An easier culprit to blame right now could be the delta variant of COVID-19. The summertime surge of the deadly virus is likely keeping people away from indoor social settings, but even that's not a viable lone scapegoat. Box office receipts are 43% below the same period -- the weekend before the Labor Day holiday weekend -- in 2019. It's a safe bet that your local bars, indoor malls, and even restaurants aren't seeing a 43% plunge in sales over the past two years.</p>\n<p>This summer was supposed to be the great rebirth of going out to the movies. Studios that had to delay 2020 and even early 2021 releases are now flooding the pipeline. Comcast's Universal Studios, for example, was originally set to put out <i>Candyman</i> 13 months ago. Here we are, a couple of delays later, and audiences failed to materialize despite saying the film title five times in front of a mirror. Less than 1% of the country saw <i>Candyman</i> over the weekend, and less than 2% of the country saw <i>any</i> movie at the multiplex.</p>\n<p>The convenience of streaming video entertainment is something that will challenge AMC and its smaller peers. It also obviously doesn't help that folks can freely enjoy movies at home without having to mask up the way that the Centers for Disease Control and Prevention is suggesting for indoor gatherings at the movie house.</p>\n<p>The bullish thesis that summer audiences would build for the multiplex operators has gone the other way. This doesn't mean that the industry is doomed. It doesn't mean that folks have flocked back home after the initial retro novelty of going back to the movies.</p>\n<p>More to an AMC-specific point, it doesn't mean that the leading exhibitor took a 43% hit to its top line this weekend relative to where it was two years ago, when its stock was trading much lower. The chain has been gaining market share this year against other movie theater stocks, and it's also getting a lot better at monetizing the experience. Food and beverage purchases per customer were a whopping 42% higher at AMC in the second quarter than they were during the same financial period in 2019.</p>\n<p>We're not at the point where the concessions stand is making enough to offset the drop in attendance, but this is the high-margin part of the multiplex model. It's problematic to see the telltale summer season fizzle out this way, but there's still time to go before the end credits start to roll.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wake Up, AMC Stock: Summer Is Ending</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\">\nWake Up, AMC Stock: Summer Is Ending\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 22:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/30/wake-up-amc-stock-summer-is-ending/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It was a rough weekend at the corner multiplex. Movie theaters across the country had just $61.6 million in gross ticket sales over the weekend, the weakest box office action in more than two months. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/30/wake-up-amc-stock-summer-is-ending/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/08/30/wake-up-amc-stock-summer-is-ending/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163588460","content_text":"It was a rough weekend at the corner multiplex. Movie theaters across the country had just $61.6 million in gross ticket sales over the weekend, the weakest box office action in more than two months. Horror flick Candyman was the top draw, but in terms of audience counts, the showing proved to be more trick than treat.\nThis is literally the worst weekend performance of the summer season, and the trend isn't kind. We've seen box office receipts post sequential declines in five of the past seven weeks since peaking with Black Widow's premiere. That particular week in early July was the only weekend that the industry broke above $100 million in ticket sales, a feat that happened every single weekend for movie studios during the 2018 and 2019 peak summer seasons.\nAn empty theater is obviously a bad look for the industry, flying in the face of the narrative of AMC Entertainment Holdings (NYSE:AMC) as one of this year's hottest stocks. AMC is nearly a 20-bagger in 2021, but the fumbled momentum for the exhibitors this summer is defying the otherwise buoyant stock chart. Let's take a closer look at what went wrong, and why it's too soon to dismiss AMC's chances to get back on track.\nThe \"Candyman\" can't\nDon't point the finger at Comcast's (NASDAQ:CMCSA) Candyman reboot as the cause for the slump. It's checking in with a solid 85% approval rating for film critics tracked by Rotten Tomatoes. You also can't blame the widespread availability of online streaming options. Candyman (as well as the weekend's second-highest grossing film, Free Guy) are exclusive theatrical releases.\nAn easier culprit to blame right now could be the delta variant of COVID-19. The summertime surge of the deadly virus is likely keeping people away from indoor social settings, but even that's not a viable lone scapegoat. Box office receipts are 43% below the same period -- the weekend before the Labor Day holiday weekend -- in 2019. It's a safe bet that your local bars, indoor malls, and even restaurants aren't seeing a 43% plunge in sales over the past two years.\nThis summer was supposed to be the great rebirth of going out to the movies. Studios that had to delay 2020 and even early 2021 releases are now flooding the pipeline. Comcast's Universal Studios, for example, was originally set to put out Candyman 13 months ago. Here we are, a couple of delays later, and audiences failed to materialize despite saying the film title five times in front of a mirror. Less than 1% of the country saw Candyman over the weekend, and less than 2% of the country saw any movie at the multiplex.\nThe convenience of streaming video entertainment is something that will challenge AMC and its smaller peers. It also obviously doesn't help that folks can freely enjoy movies at home without having to mask up the way that the Centers for Disease Control and Prevention is suggesting for indoor gatherings at the movie house.\nThe bullish thesis that summer audiences would build for the multiplex operators has gone the other way. This doesn't mean that the industry is doomed. It doesn't mean that folks have flocked back home after the initial retro novelty of going back to the movies.\nMore to an AMC-specific point, it doesn't mean that the leading exhibitor took a 43% hit to its top line this weekend relative to where it was two years ago, when its stock was trading much lower. The chain has been gaining market share this year against other movie theater stocks, and it's also getting a lot better at monetizing the experience. Food and beverage purchases per customer were a whopping 42% higher at AMC in the second quarter than they were during the same financial period in 2019.\nWe're not at the point where the concessions stand is making enough to offset the drop in attendance, but this is the high-margin part of the multiplex model. It's problematic to see the telltale summer season fizzle out this way, but there's still time to go before the end credits start to roll.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813544248,"gmtCreate":1630220182384,"gmtModify":1676530246448,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Noted thanks&nbsp;","listText":"Noted thanks&nbsp;","text":"Noted thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813544248","repostId":"2163079604","repostType":4,"repost":{"id":"2163079604","pubTimestamp":1630200486,"share":"https://ttm.financial/m/news/2163079604?lang=&edition=fundamental","pubTime":"2021-08-29 09:28","market":"us","language":"en","title":"Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph","url":"https://stock-news.laohu8.com/highlight/detail?id=2163079604","media":"Reuters","summary":"Aug 28  - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected","content":"<p>Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.</p>\n<p>E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.</p>\n<p>Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper.</p>\n<p>Tesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment.</p>\n<p>Nvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said. (Reporting by Aishwarya Nair in Bengaluru)</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>Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-29 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/teslas-musk-signals-concerns-over-012806187.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing ...</p>\n\n<a href=\"https://finance.yahoo.com/news/teslas-musk-signals-concerns-over-012806187.html\">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","NVDA":"英伟达"},"source_url":"https://finance.yahoo.com/news/teslas-musk-signals-concerns-over-012806187.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2163079604","content_text":"Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.\nE-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.\nEarlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper.\nTesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment.\nNvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said. (Reporting by Aishwarya Nair in Bengaluru)","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813544318,"gmtCreate":1630220139634,"gmtModify":1676530246432,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Come let’s buy&nbsp;","listText":"Come let’s buy&nbsp;","text":"Come let’s buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813544318","repostId":"1129129956","repostType":4,"repost":{"id":"1129129956","pubTimestamp":1630201285,"share":"https://ttm.financial/m/news/1129129956?lang=&edition=fundamental","pubTime":"2021-08-29 09:41","market":"us","language":"en","title":"This Unloved Tech Stock Could Make You Rich One Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1129129956","media":"Motley Fool","summary":"The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company  merger. In a race to disrupt residential ","content":"<p>Key Points</p>\n<ul>\n <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>\n <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>\n <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li>\n</ul>\n<p></p>\n<p>Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p>\n<p>Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p>\n<h3>1. Opendoor is winning the iBuying battle</h3>\n<p>The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p>\n<p>Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p>\n<p>After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p>\n<p>According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p>\n<h3>2. Revenue growth is ahead of schedule</h3>\n<p>When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p>\n<p>Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p>\n<p>In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p>\n<h3>3. SPACs are out of favor with the market... opportunity?</h3>\n<p>Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p>\n<p>Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p>\n<p>But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p>\n<p>Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p>\n<h3>Here's the bottom line</h3>\n<p>Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Unloved Tech Stock Could Make You Rich One Day</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 Unloved Tech Stock Could Make You Rich One Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-29 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPEN":"Opendoor Technologies Inc"},"source_url":"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129129956","content_text":"Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.\n\n\nReal estate iBuying company Opendoor Technologies(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.\nDespite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.\n1. Opendoor is winning the iBuying battle\nThe traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.\nOpendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.\nAfter seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including Zillow Group and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.\nAccording to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.\n2. Revenue growth is ahead of schedule\nWhen companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.\nFast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"\nIn other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.\n3. SPACs are out of favor with the market... opportunity?\nInvestors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.\nInvestors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.\nBut if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.\nCompetitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.\nHere's the bottom line\nReal estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"Amazon\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810496542,"gmtCreate":1629990270186,"gmtModify":1676530195330,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Omg that serious&nbsp;","listText":"Omg that serious&nbsp;","text":"Omg that serious","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/810496542","repostId":"1186610229","repostType":4,"repost":{"id":"1186610229","pubTimestamp":1629990174,"share":"https://ttm.financial/m/news/1186610229?lang=&edition=fundamental","pubTime":"2021-08-26 23:02","market":"us","language":"en","title":"T-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’","url":"https://stock-news.laohu8.com/highlight/detail?id=1186610229","media":"The Wall Street Journal","summary":"A 21-year-old American said he used an unprotected router to access millions of customer records in ","content":"<p>A 21-year-old American said he used an unprotected router to access millions of customer records in the mobile carrier’s latest breach、</p>\n<p>The hacker who is taking responsibility for breaking into&nbsp;T-Mobile USInc.’s&nbsp;systems said the wireless company’s lax security eased his path into a cache of records with&nbsp;personal details on more than 50 million people&nbsp;and counting.</p>\n<p>John Binns, a 21-year-old American who moved to Turkey a few years ago, told The Wall Street Journal he was behind the security breach. Mr. Binns, who since 2017 has used several online aliases, communicated with the Journal in Telegram messages from an account that discussed details of the hack before they were widely known.</p>\n<p>The August intrusion was the latest in a string of high-profile breaches at U.S. companies that have allowed thieves to walk away with troves of personal details on consumers. A booming industry of cybersecurity consultants, software suppliers and incident-response teams have so far failed to turn the tide against hackers and identity thieves who fuel their businesses by tapping these deep reservoirs of stolen corporate data.</p>\n<p>The breach is the third major customer data leak that T-Mobile has disclosed in the past two years. The Bellevue, Wash., company is the&nbsp;second-largest U.S. mobile carrier&nbsp;with roughly 90 million cellphones connecting to its networks.</p>\n<p>The Seattle office of the Federal Bureau of Investigation is investigating the T-Mobile hack, according to a person familiar with the matter. “The FBI is aware of the incident and does not have any additional information at this time,” the Seattle office said in a statement Wednesday.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52595834917c106b9e64c6757672a073\" tg-width=\"700\" tg-height=\"222\" width=\"100%\" height=\"auto\"><span>The 21-year-old hacker shared a screenshot of internal T-Mobile servers with warnings against unauthorized access.</span></p>\n<p>In messages with the Journal, Mr. Binns said he managed to pierce T-Mobile’s defenses after discovering in July an unprotected router exposed on the internet. He said he had been scanning T-Mobile’s known internet addresses for weak spots using a simple tool available to the public.</p>\n<p>The young hacker said he did it to gain attention. “Generating noise was one goal,” he wrote. He declined to say whether he had sold any of the stolen data or whether he was paid to breach T-Mobile.</p>\n<p>Several cybersecurity experts said the public details of the hack and reports of previous T-Mobile breaches show the carrier’s defenses need improvement. Many of the records reported stolen were from prospective clients or former customers long gone. “That to me does not sound like good data management practices,” said Glenn Gerstell, a former general counsel for the National Security Agency.</p>\n<p>Mr. Binns said he used that entry point to hack into the cellphone carrier’s data center outside East Wenatchee, Wash., where stored credentials allowed him to access more than 100 servers.</p>\n<p>“I was panicking because I had access to something big,” he wrote. “Their security is awful.”</p>\n<p>He said it took about a week to burrow into the servers that contained personal data about the carrier’s tens of millions of former and current customers, adding that the hack lifted troves of data around Aug. 4.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f12cc77e93062b84d63899c3aba29c3\" tg-width=\"1260\" tg-height=\"840\" width=\"100%\" height=\"auto\"><span>John Binns, who attended high school in northern Virginia, moved to Izmir, Turkey, with his Turkish mother when he was 18, a person familiar with the matter said.</span></p>\n<p>On Aug. 13, the security research firm Unit221B LLC reported to T-Mobile that an account&nbsp;was attempting to sell T-Mobile customer data, according to the security firm. Two days later, T-Mobile publicly acknowledged it was investigating a potential breach.</p>\n<p>T-Mobile confirmed that more than 50 million customer records have been stolen. The wireless carrier said it had repaired the security hole that enabled the breach. “We are confident that we have closed off the access and egress points the bad actor used in the attack,” it said in a statement. A T-Mobile spokeswoman declined to comment on specific claims by Mr. Binns or by cybersecurity experts.</p>\n<p>For Mr. Binns, who uses the online names IRDev and v0rtex, among others, the T-Mobile hack represents a major development in a track record that has featured various exploits and—four years ago—peripheral involvement in the&nbsp;creation of a massive network of hacked devices&nbsp;that was used for online attacks.</p>\n<p>Mr. Binns showed the Journal that he could access accounts linked to the IRDev online personality, which shared screenshots depicting access into T-Mobile’s network. He declined to be photographed but answered personal questions to confirm his identity as John Binns.</p>\n<p>In a statement, Unit221B said it believed the individual behind the IRDev alias was responsible for the T-Mobile hack because someone using this handle was reaching out to online criminals trying to sell the T-Mobile data before the hack had been made public.</p>\n<p>It’s unclear whether Mr. Binns worked alone. At one point in his communications with the Journal, he described a collaborative effort to find the login credentials needed to crack T-Mobile’s internal databases. Another online personality also offered in online forums to sell some of the stolen T-Mobile data.</p>\n<p>Mr. Binns said he grew up in northern Virginia with his Turkish mother. His father died in 2002 when Mr. Binns was two years old, according to a newspaper article and a published obituary.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9de292299785be2293778782a30e8477\" tg-width=\"300\" tg-height=\"346\" width=\"100%\" height=\"auto\"><span>John Binns shared tables of personal information that he said he found in the company’s internal systems.</span></p>\n<p>He attended McLean High School in 2015 and 2016, according to the school’s yearbooks. He was estranged from his father’s family and moved with his mother to Izmir, Turkey, shortly after his 18th birthday, according to a person familiar with the matter.</p>\n<p>He contacted a U.S. relative last year, claiming by telephone that he was a computer expert who had been kidnapped and taken to a hospital against his will, this person said. “He gushed about how he could do anything with a computer,” this person said.</p>\n<p>In Telegram messages with the Journal, Mr. Binns repeated similar claims. He said he wanted to draw attention to his perceived persecution by U.S. government authorities. He described an alleged incident in which he claims he was abducted in Germany and put into a fake mental hospital.</p>\n<p>“I have no reason to make up a fake kidnapping story and I’m hoping that someone within the FBI leaks information about that,” he wrote, explaining his reason for publicly discussing the hack.</p>\n<p>Mr. Binns’s mother didn’t respond to phone calls and messages seeking comment. After the Journal reached out to her for comment, she took down her public Facebook page.</p>\n<p>In 2020, Mr. Binns sued the Central Intelligence Agency, Federal Bureau of Investigation and other federal agencies to compel them to fulfill a federal records request he made for information about FBI investigations of botnet attacks. He didn’t use an attorney to file the complaint in the case, which is still active in the U.S. District Court for the District of Columbia. The agencies have denied his allegations in past court filings.</p>\n<p>Security researchers said several online profiles tied to Mr. Binns were associated with groups of young gamers who&nbsp;have infected swarms of devices around the world. These botnets, as the infected device clusters are called, are often used by other gamers to knock people and websites offline.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55d5c1539fe457d453648a4447b62d3b\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>T-Mobile’s most recent breach is the third major customer-data leak that the company has disclosed in the past two years. A T-Mobile retail store in Arlington, Va.</span></p>\n<p>Mike Benjamin, vice president of security for network operator Lumen Technologies Inc., said U.S. prosecutions in past years have limited the threat from these botnets, though network attacks have started growing in recent months. He said many young people, especially in the U.S. and Europe, first learn basic hacking techniques by sharing tricks and tactics with fellow gamers online.</p>\n<p>“Online videogaming drives a natural competitiveness,” Mr. Benjamin said. ”Everybody’s looking for that edge. That can reach into this area of outside of the videogame,” where tactics end up “breaking the internet instead of just inside the rules of the game.”</p>\n<p>Mr. Binns told the Journal he first learned to find zero-days—previously undisclosed software flaws—by figuring out cheats for videogames such as “Minecraft,” “Arma” and “DayZ.” He said he found the zero-day that other hackers used to create Satori, a botnet-building virus that infects unprotected home routers, but denied writing any of the Satori code.</p>\n<p>“There are people who are way more skilled than I am,” he wrote.</p>\n<p>The August hack of T-Mobile stole an array of personal details from more than 54 million customers, according to the company’s latest tally. Some customers had their names, Social Security numbers and birth dates exposed. Another batch of data included IMEI and IMSI numbers tied to users’ phones, which other attackers could use as a starting point to take control of victims’ phone lines.</p>\n<p>T-Mobile last week started notifying affected customers. The company&nbsp;offered two years of identity-protection services&nbsp;and reminded customers to regularly update passwords and PIN codes as a standard precaution.</p>\n<p>The carrier has suffered other data breaches before. The company notified customers of two separate breaches in 2020 that affected smaller sets of records. The company this year hired McDonald’s Corp. executive Timothy Youngblood to oversee its cybersecurity measures. He succeeded longtime information security chief Bill Boni, who retired in June.</p>\n<p>The Federal Communications Commission said&nbsp;it has launched a probe into the latest failure.</p>\n<p>Past data-breach penalties have reached into the hundreds of millions of dollars.Equifax&nbsp;Inc.&nbsp;in 2019 reached a settlement with U.S. officials&nbsp;to resolve several investigations and lawsuits for $700 million. The credit-data provider generated $3.5 billion of revenue that year. T-Mobile had $68.4 billion of revenue in 2020.</p>\n<p>A 2020 merger with Sprint Corp. made T-Mobile the U.S.’s second-largest mobile service provider, trailing only&nbsp;Verizon Communications&nbsp;Inc.T-Mobile executives have said they intend to keep growing by luring subscribers away from the competition.</p>\n<p>“The upside for them from here is moving upmarket,” said New Street Research analyst Jonathan Chaplin. “For the high-end customers that might’ve thought about moving over, this might be a signal that ‘Hey, T-Mobile isn’t Verizon yet.’ This is totally unquantifiable, but to the extent that there’s brand damage, that’s where it will be felt.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>T-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nT-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/t-mobile-hacker-who-stole-data-on-50-million-customers-their-security-is-awful-11629985105?mod=searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A 21-year-old American said he used an unprotected router to access millions of customer records in the mobile carrier’s latest breach、\nThe hacker who is taking responsibility for breaking into T-...</p>\n\n<a href=\"https://www.wsj.com/articles/t-mobile-hacker-who-stole-data-on-50-million-customers-their-security-is-awful-11629985105?mod=searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMUS":"T-Mobile US Inc"},"source_url":"https://www.wsj.com/articles/t-mobile-hacker-who-stole-data-on-50-million-customers-their-security-is-awful-11629985105?mod=searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186610229","content_text":"A 21-year-old American said he used an unprotected router to access millions of customer records in the mobile carrier’s latest breach、\nThe hacker who is taking responsibility for breaking into T-Mobile USInc.’s systems said the wireless company’s lax security eased his path into a cache of records with personal details on more than 50 million people and counting.\nJohn Binns, a 21-year-old American who moved to Turkey a few years ago, told The Wall Street Journal he was behind the security breach. Mr. Binns, who since 2017 has used several online aliases, communicated with the Journal in Telegram messages from an account that discussed details of the hack before they were widely known.\nThe August intrusion was the latest in a string of high-profile breaches at U.S. companies that have allowed thieves to walk away with troves of personal details on consumers. A booming industry of cybersecurity consultants, software suppliers and incident-response teams have so far failed to turn the tide against hackers and identity thieves who fuel their businesses by tapping these deep reservoirs of stolen corporate data.\nThe breach is the third major customer data leak that T-Mobile has disclosed in the past two years. The Bellevue, Wash., company is the second-largest U.S. mobile carrier with roughly 90 million cellphones connecting to its networks.\nThe Seattle office of the Federal Bureau of Investigation is investigating the T-Mobile hack, according to a person familiar with the matter. “The FBI is aware of the incident and does not have any additional information at this time,” the Seattle office said in a statement Wednesday.\nThe 21-year-old hacker shared a screenshot of internal T-Mobile servers with warnings against unauthorized access.\nIn messages with the Journal, Mr. Binns said he managed to pierce T-Mobile’s defenses after discovering in July an unprotected router exposed on the internet. He said he had been scanning T-Mobile’s known internet addresses for weak spots using a simple tool available to the public.\nThe young hacker said he did it to gain attention. “Generating noise was one goal,” he wrote. He declined to say whether he had sold any of the stolen data or whether he was paid to breach T-Mobile.\nSeveral cybersecurity experts said the public details of the hack and reports of previous T-Mobile breaches show the carrier’s defenses need improvement. Many of the records reported stolen were from prospective clients or former customers long gone. “That to me does not sound like good data management practices,” said Glenn Gerstell, a former general counsel for the National Security Agency.\nMr. Binns said he used that entry point to hack into the cellphone carrier’s data center outside East Wenatchee, Wash., where stored credentials allowed him to access more than 100 servers.\n“I was panicking because I had access to something big,” he wrote. “Their security is awful.”\nHe said it took about a week to burrow into the servers that contained personal data about the carrier’s tens of millions of former and current customers, adding that the hack lifted troves of data around Aug. 4.\nJohn Binns, who attended high school in northern Virginia, moved to Izmir, Turkey, with his Turkish mother when he was 18, a person familiar with the matter said.\nOn Aug. 13, the security research firm Unit221B LLC reported to T-Mobile that an account was attempting to sell T-Mobile customer data, according to the security firm. Two days later, T-Mobile publicly acknowledged it was investigating a potential breach.\nT-Mobile confirmed that more than 50 million customer records have been stolen. The wireless carrier said it had repaired the security hole that enabled the breach. “We are confident that we have closed off the access and egress points the bad actor used in the attack,” it said in a statement. A T-Mobile spokeswoman declined to comment on specific claims by Mr. Binns or by cybersecurity experts.\nFor Mr. Binns, who uses the online names IRDev and v0rtex, among others, the T-Mobile hack represents a major development in a track record that has featured various exploits and—four years ago—peripheral involvement in the creation of a massive network of hacked devices that was used for online attacks.\nMr. Binns showed the Journal that he could access accounts linked to the IRDev online personality, which shared screenshots depicting access into T-Mobile’s network. He declined to be photographed but answered personal questions to confirm his identity as John Binns.\nIn a statement, Unit221B said it believed the individual behind the IRDev alias was responsible for the T-Mobile hack because someone using this handle was reaching out to online criminals trying to sell the T-Mobile data before the hack had been made public.\nIt’s unclear whether Mr. Binns worked alone. At one point in his communications with the Journal, he described a collaborative effort to find the login credentials needed to crack T-Mobile’s internal databases. Another online personality also offered in online forums to sell some of the stolen T-Mobile data.\nMr. Binns said he grew up in northern Virginia with his Turkish mother. His father died in 2002 when Mr. Binns was two years old, according to a newspaper article and a published obituary.\nJohn Binns shared tables of personal information that he said he found in the company’s internal systems.\nHe attended McLean High School in 2015 and 2016, according to the school’s yearbooks. He was estranged from his father’s family and moved with his mother to Izmir, Turkey, shortly after his 18th birthday, according to a person familiar with the matter.\nHe contacted a U.S. relative last year, claiming by telephone that he was a computer expert who had been kidnapped and taken to a hospital against his will, this person said. “He gushed about how he could do anything with a computer,” this person said.\nIn Telegram messages with the Journal, Mr. Binns repeated similar claims. He said he wanted to draw attention to his perceived persecution by U.S. government authorities. He described an alleged incident in which he claims he was abducted in Germany and put into a fake mental hospital.\n“I have no reason to make up a fake kidnapping story and I’m hoping that someone within the FBI leaks information about that,” he wrote, explaining his reason for publicly discussing the hack.\nMr. Binns’s mother didn’t respond to phone calls and messages seeking comment. After the Journal reached out to her for comment, she took down her public Facebook page.\nIn 2020, Mr. Binns sued the Central Intelligence Agency, Federal Bureau of Investigation and other federal agencies to compel them to fulfill a federal records request he made for information about FBI investigations of botnet attacks. He didn’t use an attorney to file the complaint in the case, which is still active in the U.S. District Court for the District of Columbia. The agencies have denied his allegations in past court filings.\nSecurity researchers said several online profiles tied to Mr. Binns were associated with groups of young gamers who have infected swarms of devices around the world. These botnets, as the infected device clusters are called, are often used by other gamers to knock people and websites offline.\nT-Mobile’s most recent breach is the third major customer-data leak that the company has disclosed in the past two years. A T-Mobile retail store in Arlington, Va.\nMike Benjamin, vice president of security for network operator Lumen Technologies Inc., said U.S. prosecutions in past years have limited the threat from these botnets, though network attacks have started growing in recent months. He said many young people, especially in the U.S. and Europe, first learn basic hacking techniques by sharing tricks and tactics with fellow gamers online.\n“Online videogaming drives a natural competitiveness,” Mr. Benjamin said. ”Everybody’s looking for that edge. That can reach into this area of outside of the videogame,” where tactics end up “breaking the internet instead of just inside the rules of the game.”\nMr. Binns told the Journal he first learned to find zero-days—previously undisclosed software flaws—by figuring out cheats for videogames such as “Minecraft,” “Arma” and “DayZ.” He said he found the zero-day that other hackers used to create Satori, a botnet-building virus that infects unprotected home routers, but denied writing any of the Satori code.\n“There are people who are way more skilled than I am,” he wrote.\nThe August hack of T-Mobile stole an array of personal details from more than 54 million customers, according to the company’s latest tally. Some customers had their names, Social Security numbers and birth dates exposed. Another batch of data included IMEI and IMSI numbers tied to users’ phones, which other attackers could use as a starting point to take control of victims’ phone lines.\nT-Mobile last week started notifying affected customers. The company offered two years of identity-protection services and reminded customers to regularly update passwords and PIN codes as a standard precaution.\nThe carrier has suffered other data breaches before. The company notified customers of two separate breaches in 2020 that affected smaller sets of records. The company this year hired McDonald’s Corp. executive Timothy Youngblood to oversee its cybersecurity measures. He succeeded longtime information security chief Bill Boni, who retired in June.\nThe Federal Communications Commission said it has launched a probe into the latest failure.\nPast data-breach penalties have reached into the hundreds of millions of dollars.Equifax Inc. in 2019 reached a settlement with U.S. officials to resolve several investigations and lawsuits for $700 million. The credit-data provider generated $3.5 billion of revenue that year. T-Mobile had $68.4 billion of revenue in 2020.\nA 2020 merger with Sprint Corp. made T-Mobile the U.S.’s second-largest mobile service provider, trailing only Verizon Communications Inc.T-Mobile executives have said they intend to keep growing by luring subscribers away from the competition.\n“The upside for them from here is moving upmarket,” said New Street Research analyst Jonathan Chaplin. “For the high-end customers that might’ve thought about moving over, this might be a signal that ‘Hey, T-Mobile isn’t Verizon yet.’ This is totally unquantifiable, but to the extent that there’s brand damage, that’s where it will be felt.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837469971,"gmtCreate":1629905783493,"gmtModify":1676530169699,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"Ohh great&nbsp;","listText":"Ohh great&nbsp;","text":"Ohh great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837469971","repostId":"2162087564","repostType":4,"repost":{"id":"2162087564","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":1629836173,"share":"https://ttm.financial/m/news/2162087564?lang=&edition=fundamental","pubTime":"2021-08-25 04:16","market":"us","language":"en","title":"Wall St extends rally, pushing S&P 500 to 50th all-time high close this year","url":"https://stock-news.laohu8.com/highlight/detail?id=2162087564","media":"Reuters","summary":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesda","content":"<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St extends rally, pushing S&P 500 to 50th all-time high close this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St extends rally, pushing S&P 500 to 50th all-time high close this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-25 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","SSO":"两倍做多标普500ETF",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","SH":"标普500反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162087564","content_text":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.\nAll three major U.S. stock indexes advanced higher, with the S&P 500 and the Nasdaq closing at all-time closing highs.\nThe session marked the S&P 500's 50th record high close so far this year.\nTech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps outperformed the broader market.\n\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"\nThe Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.\nTravel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.\n\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"\nRecent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.\nFed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.\nThe event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.\n\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.\nThe Dow Jones Industrial Average rose 30.55 points, or 0.09%, to 35,366.26, the S&P 500 gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite added 77.15 points, or 0.52%, to 15,019.80.\nEnergy was the top gainer among the 11 major sectors in the S&P 500, boosted by the continued rally in crude prices.\nBest Buy Co Inc jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.\nU.S.-listed shares of China-based e-commerce platform Pinduoduo Inc surged 22.2% after reporting its first ever quarterly profit.\nJD.com gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.\nOther shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF jumping 8.0%.\nCybersecurity firm Palo Alto Networks Inc advanced18.6% as brokerages raised their price targets following its full-year forecast beat.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.\nThe S&P 500 posted 28 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.\nVolume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834506460,"gmtCreate":1629811832050,"gmtModify":1676530138658,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573712211428139","authorIdStr":"3573712211428139"},"themes":[],"htmlText":"I think Nio will be more potential&nbsp;","listText":"I think Nio will be more potential&nbsp;","text":"I think Nio will be more potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/834506460","repostId":"1175602248","repostType":4,"repost":{"id":"1175602248","pubTimestamp":1629811244,"share":"https://ttm.financial/m/news/1175602248?lang=&edition=fundamental","pubTime":"2021-08-24 21:20","market":"us","language":"en","title":"Li Auto's DCF: I See Significant Upside Potential In The Share Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1175602248","media":"seekingalpha","summary":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.</li>\n <li>Li Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.</li>\n <li>Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.</li>\n <li>From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.</li>\n <li>I assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b543e2d05866d87ad41b25673fb9977\" tg-width=\"1536\" tg-height=\"1152\" referrerpolicy=\"no-referrer\"><span>Bet_Noire/iStock via Getty Images</span></p>\n<p>Li Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).</p>\n<p><b>I Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China</b></p>\n<p>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.</p>\n<p>In my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:</p>\n<blockquote>\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n</blockquote>\n<p>Now, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.</p>\n<p>There is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&amp;D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68701f876a7ed928d9dc1bb463231b07\" tg-width=\"1158\" tg-height=\"582\" referrerpolicy=\"no-referrer\"><span>Source:Prospectus</span></p>\n<p><b>Li Auto</b></p>\n<p>The company has tons of cash to enhance R&amp;D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b16280eaa991cb0f1f401099cb1f9e58\" tg-width=\"992\" tg-height=\"773\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p>Investors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9aeeda5dee33eb1e2995f52c728d7b57\" tg-width=\"949\" tg-height=\"556\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p><b>Base Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%</b></p>\n<p>If Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39373a60488bb878fd8a4a844c604f62\" tg-width=\"807\" tg-height=\"583\" referrerpolicy=\"no-referrer\"><span>Source:YCharts</span></p>\n<p>FCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/704605e3bf7918ec5c3e5517eb9528cf\" tg-width=\"1280\" tg-height=\"167\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Most investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3719e047b53e2c81b259e4c1ea47f34\" tg-width=\"500\" tg-height=\"367\" referrerpolicy=\"no-referrer\"><span>Source:LI WACC % | Li Auto - GuruFocus.com</span></p>\n<p>With&nbsp;Li Auto's WACC&nbsp;standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529c239c89a750c4554ab0f4c8d17007\" tg-width=\"1280\" tg-height=\"318\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Note that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f7df4ec5cc1d2c8705c24aa7783ea40\" tg-width=\"897\" tg-height=\"139\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Detrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%</b></p>\n<p>China does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:</p>\n<blockquote>\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n</blockquote>\n<p>With the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98ebf9fb5b8264a162e2a583b764f936\" tg-width=\"1280\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>In this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/832f134db974f8cabbc503a2d27be9a6\" tg-width=\"1280\" tg-height=\"317\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>My target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3aeeb1224ff63850a76d67172e052cb\" tg-width=\"367\" tg-height=\"273\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Risks</b></p>\n<p>LI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.</p>\n<p>Li Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.</p>\n<p>Li Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.</p>\n<p><b>Conclusion</b></p>\n<p>If Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto's DCF: I See Significant Upside Potential In The Share Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto's DCF: I See Significant Upside Potential In The Share Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 21:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will ...</p>\n\n<a href=\"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车"},"source_url":"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175602248","content_text":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.\nLi commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.\nFrom 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.\nI assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.\n\nBet_Noire/iStock via Getty Images\nLi Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).\nI Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.\nIn my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:\n\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n\nNow, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.\nThere is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:\nSource:Prospectus\nLi Auto\nThe company has tons of cash to enhance R&D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:\nSource: Prospectus\nInvestors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:\nSource: Prospectus\nBase Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%\nIf Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:\nSource:YCharts\nFCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:\nSource: Author\nMost investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.\nSource:LI WACC % | Li Auto - GuruFocus.com\nWith Li Auto's WACC standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:\nSource: Author\nNote that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:\nSource:Market Screener\nDetrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%\nChina does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:\n\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n\nWith the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:\nSource: Author\nIn this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:\nSource: Author\nMy target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:\nSource:Market Screener\nRisks\nLI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.\nLi Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.\nLi Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.\nConclusion\nIf Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":809918747,"gmtCreate":1627343786589,"gmtModify":1703487883715,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Yes Tesla keep going. And pls help me like&nbsp;","listText":"Yes Tesla keep going. And pls help me like&nbsp;","text":"Yes Tesla keep going. And pls help me like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/809918747","repostId":"1153028059","repostType":4,"repost":{"id":"1153028059","pubTimestamp":1627340900,"share":"https://ttm.financial/m/news/1153028059?lang=&edition=fundamental","pubTime":"2021-07-27 07:08","market":"us","language":"en","title":"Tesla sales surge 98%; company boosts margins on its less-costly electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1153028059","media":"Reuters","summary":" -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operati","content":"<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.</p>\n<p>Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.</p>\n<p>For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.</p>\n<p>Shares of the world’s most valuable automaker rose 1.5% in extended trade.</p>\n<p>In a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.</p>\n<p>“The global chip shortage situation remains quite serious,” Musk said.</p>\n<p>Still, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.</p>\n<p>Despite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.</p>\n<p>The carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.</p>\n<p>Analysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.</p>\n<p>Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.</p>\n<p>Tesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.</p>\n<p>Tesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.</p>\n<p>“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.</p>\n<p>Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.</p>\n<p>Tesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.</p>\n<p>But the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.</p>\n<p>In an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla sales surge 98%; company boosts margins on its less-costly electric cars</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 sales surge 98%; company boosts margins on its less-costly electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153028059","content_text":"(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.\nTesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.\nFor the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.\nShares of the world’s most valuable automaker rose 1.5% in extended trade.\nIn a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.\n“The global chip shortage situation remains quite serious,” Musk said.\nStill, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.\nDespite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.\nThe carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.\nAnalysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.\nExcluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.\nTesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.\nTesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.\n“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.\nCarmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.\nTesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.\nBut the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.\nIn an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863567485,"gmtCreate":1632406753947,"gmtModify":1676530775196,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Nice post and thanks for sharing&nbsp;","listText":"Nice post and thanks for sharing&nbsp;","text":"Nice post and thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/863567485","repostId":"2169667599","repostType":4,"repost":{"id":"2169667599","pubTimestamp":1632406200,"share":"https://ttm.financial/m/news/2169667599?lang=&edition=fundamental","pubTime":"2021-09-23 22:10","market":"us","language":"en","title":"4 Unstoppable Investments That Can Send Your Portfolio to the Moon","url":"https://stock-news.laohu8.com/highlight/detail?id=2169667599","media":"Motley Fool","summary":"Ready to boost your savings? These investments can help you generate long-term wealth.","content":"<blockquote>\n <b>Ready to boost your savings? These investments can help you generate long-term wealth.</b>\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>Growth stocks and dividend stocks can help supercharge your savings and build passive income.</li>\n <li>S&amp;P 500 ETFs are perfect for those looking for a hands-off investment.</li>\n <li>Fractional shares can make buying individual stocks far more affordable.</li>\n</ul>\n<p>When you're investing in the stock market, you have seemingly endless options to choose from. All of those choices can sometimes feel overwhelming, and it can be tough to determine which investments are right for you.</p>\n<p>While everyone will have different preferences and investing styles, there are some investments that can make a fantastic addition to anyone's portfolio. If you're ready to send your savings to the moon, these options could be a wise choice.</p>\n<p><img src=\"https://static.tigerbbs.com/631cf3238264bad315f43eda4132590c\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>1. Growth stocks</h2>\n<p>Growth stocks are investments that have the potential for above-average growth. Many tech stocks fall into this category, including companies like <b>Amazon</b>, <b>Shopify</b>,&nbsp;and <b>Square</b>.</p>\n<p>Although growth stocks can be higher risk than their more established counterparts, there's also more room for reward. These stocks are often from innovative companies that are disrupting their industries, which could make them lucrative investments. However, these organizations can also be more volatile than slower-growing businesses.</p>\n<p>If you choose to invest in growth stocks, be sure to look beyond the stock's earnings and focus more on the big picture. Stocks that have experienced explosive growth aren't always good long-term investments, so look at factors like the company's financials and its leadership team to gauge whether this stock will continue growing over time.</p>\n<h2>2. Dividend stocks</h2>\n<p>Dividend stocks are unique in that they can provide a source of passive income in addition to the returns you earn on your investment.</p>\n<p>Some companies will reward shareholders by paying back a portion of their profits each quarter or year, called a dividend. While each dividend payment is small, over time, they can add up substantially and create a source of passive income.</p>\n<p>You may also have the option to reinvest your dividends to buy more shares of that particular company's stock. By consistently reinvesting your dividends, you can increase the number of shares you own without actually paying anything out of pocket. And the more shares you own, the more you'll collect in dividend payments.</p>\n<h2>3. S&amp;P 500 ETFs</h2>\n<p>If you prefer an investment that requires little to no upkeep, <b>S&amp;P 500</b> ETFs are a fantastic option. These funds track the S&amp;P 500 index, which means they include the same stocks as the index itself and aim to mirror its long-term performance.</p>\n<p>With an S&amp;P 500 ETF, you don't need to choose stocks or research individual companies. All you need to do is invest regularly and hold your investments for as long as possible, and your portfolio will gradually grow over time.</p>\n<p>The downside to this type of investment is that it's impossible to beat the market. By definition, S&amp;P 500 ETFs earn average returns. They follow the market, so they can't outperform the market. However, for many investors, average returns are a worthwhile trade-off when you consider that these funds require very little effort to achieve consistent growth over the long run.</p>\n<h2>4. Fractional shares</h2>\n<p>Fractional shares are perfect for the investor who wants to buy individual stocks without breaking the bank.</p>\n<p>When you buy fractional shares, you're investing in a portion of a single full share of stock. Some stocks cost hundreds or thousands of dollars for a full share, but with fractional shares, you can spend as little as $1 for a small slice of the same stock.</p>\n<p>It's still important to do your research when buying fractional shares. It can be tempting to buy risky stocks when it'll only cost you a dollar to invest, but the same general investing principles still apply, regardless of how much you're spending. If you're not willing to hold a stock for at least a few years, it's probably not a stock you should be buying right now.</p>\n<p>Investing in the stock market is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the best ways to increase your net worth and generate wealth over time. With these four types of investments, you'll be well on your way to building an unstoppable portfolio.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Unstoppable Investments That Can Send Your Portfolio to the Moon</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\">\n4 Unstoppable Investments That Can Send Your Portfolio to the Moon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/23/4-unstoppable-investments-that-can-supercharge-you/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ready to boost your savings? These investments can help you generate long-term wealth.\n\nKey Points\n\nGrowth stocks and dividend stocks can help supercharge your savings and build passive income.\nS&P ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/23/4-unstoppable-investments-that-can-supercharge-you/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","OEX":"标普100","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF"},"source_url":"https://www.fool.com/investing/2021/09/23/4-unstoppable-investments-that-can-supercharge-you/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169667599","content_text":"Ready to boost your savings? These investments can help you generate long-term wealth.\n\nKey Points\n\nGrowth stocks and dividend stocks can help supercharge your savings and build passive income.\nS&P 500 ETFs are perfect for those looking for a hands-off investment.\nFractional shares can make buying individual stocks far more affordable.\n\nWhen you're investing in the stock market, you have seemingly endless options to choose from. All of those choices can sometimes feel overwhelming, and it can be tough to determine which investments are right for you.\nWhile everyone will have different preferences and investing styles, there are some investments that can make a fantastic addition to anyone's portfolio. If you're ready to send your savings to the moon, these options could be a wise choice.\n\nImage source: Getty Images.\n1. Growth stocks\nGrowth stocks are investments that have the potential for above-average growth. Many tech stocks fall into this category, including companies like Amazon, Shopify, and Square.\nAlthough growth stocks can be higher risk than their more established counterparts, there's also more room for reward. These stocks are often from innovative companies that are disrupting their industries, which could make them lucrative investments. However, these organizations can also be more volatile than slower-growing businesses.\nIf you choose to invest in growth stocks, be sure to look beyond the stock's earnings and focus more on the big picture. Stocks that have experienced explosive growth aren't always good long-term investments, so look at factors like the company's financials and its leadership team to gauge whether this stock will continue growing over time.\n2. Dividend stocks\nDividend stocks are unique in that they can provide a source of passive income in addition to the returns you earn on your investment.\nSome companies will reward shareholders by paying back a portion of their profits each quarter or year, called a dividend. While each dividend payment is small, over time, they can add up substantially and create a source of passive income.\nYou may also have the option to reinvest your dividends to buy more shares of that particular company's stock. By consistently reinvesting your dividends, you can increase the number of shares you own without actually paying anything out of pocket. And the more shares you own, the more you'll collect in dividend payments.\n3. S&P 500 ETFs\nIf you prefer an investment that requires little to no upkeep, S&P 500 ETFs are a fantastic option. These funds track the S&P 500 index, which means they include the same stocks as the index itself and aim to mirror its long-term performance.\nWith an S&P 500 ETF, you don't need to choose stocks or research individual companies. All you need to do is invest regularly and hold your investments for as long as possible, and your portfolio will gradually grow over time.\nThe downside to this type of investment is that it's impossible to beat the market. By definition, S&P 500 ETFs earn average returns. They follow the market, so they can't outperform the market. However, for many investors, average returns are a worthwhile trade-off when you consider that these funds require very little effort to achieve consistent growth over the long run.\n4. Fractional shares\nFractional shares are perfect for the investor who wants to buy individual stocks without breaking the bank.\nWhen you buy fractional shares, you're investing in a portion of a single full share of stock. Some stocks cost hundreds or thousands of dollars for a full share, but with fractional shares, you can spend as little as $1 for a small slice of the same stock.\nIt's still important to do your research when buying fractional shares. It can be tempting to buy risky stocks when it'll only cost you a dollar to invest, but the same general investing principles still apply, regardless of how much you're spending. If you're not willing to hold a stock for at least a few years, it's probably not a stock you should be buying right now.\nInvesting in the stock market is one of the best ways to increase your net worth and generate wealth over time. With these four types of investments, you'll be well on your way to building an unstoppable portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173773269,"gmtCreate":1626691504751,"gmtModify":1703763417702,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Noted thanks for the sharing. Pls help me like too[Smile]&nbsp;","listText":"Noted thanks for the sharing. Pls help me like too[Smile]&nbsp;","text":"Noted thanks for the sharing. Pls help me like too[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/173773269","repostId":"2152632587","repostType":4,"repost":{"id":"2152632587","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626688260,"share":"https://ttm.financial/m/news/2152632587?lang=&edition=fundamental","pubTime":"2021-07-19 17:51","market":"us","language":"en","title":"Why automakers are closing this loophole in your car lease","url":"https://stock-news.laohu8.com/highlight/detail?id=2152632587","media":"Dow Jones","summary":"If you're shopping around for a lease-buyout offer, you may be out of luck.\n\nSeveral automakers are ","content":"<blockquote>\n If you're shopping around for a lease-buyout offer, you may be out of luck.\n</blockquote>\n<p>Several automakers are cracking down on a loophole that has long allowed drivers of leased vehicles to cash in on higher-than-expected resale values. In an effort aimed at boosting their dealers' used car inventories, Acura and Honda (7267.TO) are the latest brands to join a growing list of automakers to require leased vehicles to be turned in at their dealerships.</p>\n<p>Previously, lessees could shop around and take advantage of a higher buyout offer from a competing brand's dealer or even a car-buying service such as Carvana <a href=\"https://laohu8.com/S/CVNA\">$(CVNA)$</a> or Vroom <a href=\"https://laohu8.com/S/VRM\">$(VRM)$</a>. In these situations, the dealers pay the lease payoff -- based on the car's residual value when it was originally leased -- directly to the automaker's finance arm, and the shopper drives off in a new vehicle. That leaves the dealer who paid off the lease with what's generally a late-model, lower-model vehicle to sell.</p>\n<p>In a statement, Honda said American Honda Finance Corporation -- which administers leases for Honda and Acura models -- will alert lessees that they must turn in their vehicle to <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the automaker's dealers. General Motors <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> and Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a> have both enforced a similar policy. American Honda Finance Corporation says it will reconsider the decision later this year, however.</p>\n<p>There's still one loophole, though: lessees can pay the car off, though this either requires writing a hefty check or securing separate financing. Handling a buyout privately can be more challenging than letting a dealership do it.</p>\n<p>Consumers have been taking advantage of the loophole, especially as used-car values have skyrocketed due to a shortage of parts needed to assemble new vehicles. In some cases, dealers and car-buying services have been willing to buy out a lease for far more than the car's lease payoff value.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why automakers are closing this loophole in your car lease</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\">\nWhy automakers are closing this loophole in your car lease\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-19 17:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n If you're shopping around for a lease-buyout offer, you may be out of luck.\n</blockquote>\n<p>Several automakers are cracking down on a loophole that has long allowed drivers of leased vehicles to cash in on higher-than-expected resale values. In an effort aimed at boosting their dealers' used car inventories, Acura and Honda (7267.TO) are the latest brands to join a growing list of automakers to require leased vehicles to be turned in at their dealerships.</p>\n<p>Previously, lessees could shop around and take advantage of a higher buyout offer from a competing brand's dealer or even a car-buying service such as Carvana <a href=\"https://laohu8.com/S/CVNA\">$(CVNA)$</a> or Vroom <a href=\"https://laohu8.com/S/VRM\">$(VRM)$</a>. In these situations, the dealers pay the lease payoff -- based on the car's residual value when it was originally leased -- directly to the automaker's finance arm, and the shopper drives off in a new vehicle. That leaves the dealer who paid off the lease with what's generally a late-model, lower-model vehicle to sell.</p>\n<p>In a statement, Honda said American Honda Finance Corporation -- which administers leases for Honda and Acura models -- will alert lessees that they must turn in their vehicle to <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the automaker's dealers. General Motors <a href=\"https://laohu8.com/S/GM\">$(GM)$</a> and Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a> have both enforced a similar policy. American Honda Finance Corporation says it will reconsider the decision later this year, however.</p>\n<p>There's still one loophole, though: lessees can pay the car off, though this either requires writing a hefty check or securing separate financing. Handling a buyout privately can be more challenging than letting a dealership do it.</p>\n<p>Consumers have been taking advantage of the loophole, especially as used-car values have skyrocketed due to a shortage of parts needed to assemble new vehicles. In some cases, dealers and car-buying services have been willing to buy out a lease for far more than the car's lease payoff value.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152632587","content_text":"If you're shopping around for a lease-buyout offer, you may be out of luck.\n\nSeveral automakers are cracking down on a loophole that has long allowed drivers of leased vehicles to cash in on higher-than-expected resale values. In an effort aimed at boosting their dealers' used car inventories, Acura and Honda (7267.TO) are the latest brands to join a growing list of automakers to require leased vehicles to be turned in at their dealerships.\nPreviously, lessees could shop around and take advantage of a higher buyout offer from a competing brand's dealer or even a car-buying service such as Carvana $(CVNA)$ or Vroom $(VRM)$. In these situations, the dealers pay the lease payoff -- based on the car's residual value when it was originally leased -- directly to the automaker's finance arm, and the shopper drives off in a new vehicle. That leaves the dealer who paid off the lease with what's generally a late-model, lower-model vehicle to sell.\nIn a statement, Honda said American Honda Finance Corporation -- which administers leases for Honda and Acura models -- will alert lessees that they must turn in their vehicle to one of the automaker's dealers. General Motors $(GM)$ and Ford $(F)$ have both enforced a similar policy. American Honda Finance Corporation says it will reconsider the decision later this year, however.\nThere's still one loophole, though: lessees can pay the car off, though this either requires writing a hefty check or securing separate financing. Handling a buyout privately can be more challenging than letting a dealership do it.\nConsumers have been taking advantage of the loophole, especially as used-car values have skyrocketed due to a shortage of parts needed to assemble new vehicles. In some cases, dealers and car-buying services have been willing to buy out a lease for far more than the car's lease payoff value.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886648184,"gmtCreate":1631589209748,"gmtModify":1676530583839,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Jump to the moon&nbsp;","listText":"Jump to the moon&nbsp;","text":"Jump to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/886648184","repostId":"1198740697","repostType":4,"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894061666,"gmtCreate":1628778259255,"gmtModify":1676529852622,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/894061666","repostId":"2158250170","repostType":4,"repost":{"id":"2158250170","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628777697,"share":"https://ttm.financial/m/news/2158250170?lang=&edition=fundamental","pubTime":"2021-08-12 22:14","market":"us","language":"en","title":"A Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty","url":"https://stock-news.laohu8.com/highlight/detail?id=2158250170","media":"Benzinga","summary":"Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading. ","content":"<p>Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading.</p>\n<p>Will that change today after a sizzling producer price index (PPI) reading? Remember that any gains in PPI can often get reflected in CPI down the road as companies react to higher wholesale prices by passing them along to the consumer. And then there’s the other side of the coin—where companies absorb these prices, which can impact margins. Either way, inflation tends to pack a wallop.</p>\n<p>Major indices didn’t immediately react much to a July PPI reading of 1%, which was way above the Wall Street analyst consensus of 0.5%. That followed yesterday’s CPI coming in about as expected and well below the June level. The July PPI was equal to June’s, so that kind of takes a bit of the transitory argument away. Also, core PPI, which strips out volatile energy and food prices, was the same as the headline figure, so there’s no hiding behind that.</p>\n<p>The PPI report is just the start of today’s action. Later on,&nbsp;<b>Disney&nbsp;</b>(NYSE:DIS)&nbsp;steps onto center stage&nbsp;with its earnings report. Focus is likely to be on streaming and whether the Delta variant might slow attendance gains at theme parks and movie theaters. It’s likely DIS executives will be asked how the big jump in Florida cases is affecting the Magic Kingdom in Orlando.</p>\n<p>Weekly jobless claims of 375,000 were more in line with estimates and pretty much down the middle compared with recent numbers. There doesn’t seem to be much improvement going on here, but it’s not getting worse, either. The number probably won’t have much influence today.</p>\n<p>Instead, investors are likely to spend their time trying to make sense of these contrasting inflation indicators, which might explain why major indices initially went nowhere in pre-market trading on the PPI reading. Does this strong PPI give the Fed more reason to begin its tapering earlier than expected, or will the Fed wait for another month of data to try and get more clarity? If history means anything, we can probably bet on option two.</p>\n<h2>Inflationary Showdown Shows Slight Slowdown</h2>\n<p>Wednesday’s Consumer Price Index (CPI) report told investors mostly what they already knew: overall inflation is running hot. But that’s not what the market was keen to focus on. Instead, investors appeared to be looking at the core CPI, which jumped 4.3% year over year as expected but only 0.3% on a monthly basis—a tad less than the 0.4% analysts estimated.</p>\n<p>On top of this, the Fed’s “transitory” narrative suddenly seemed a bit more believable as a slowdown in used car prices likely allayed fears of a monetary sudden-brake shock. Used car prices rose only 0.2% in July, a small bump compared to the prior month’s steep 10% surge.</p>\n<p>But again, this morning’s PPI seems to be at least a partial counterargument to the transitory view. A single month’s data isn’t a trend, but this is certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> to keep an eye on.</p>\n<p>Following the CPI report, the&nbsp;<b>Dow Jones Industrial Average&nbsp;</b>($DJI) jumped as much as 200 points, with&nbsp;<b>Caterpillar&nbsp;</b>(NYSE:CAT) and&nbsp;<b>Home Depot</b>&nbsp;(NYSE:HD) leading the index, while 10-year Treasury yields stood mostly flat, and “FAANG” stocks slid into negative territory, with the exception of&nbsp;<b>Apple&nbsp;</b>(NASDAQ:AAPL). Could it be that fears of a “too-laid-back” Fed policy are starting to morph into a “just right” Goldilocks scenario?</p>\n<p>Big cyclical sectors like Energy and Financials were already on the upswing this week even before yesterday’s bullish CPI data. Strength in these sectors helped give the blue-chip&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;($DJI) a lift so far over the other major indices.</p>\n<h2>Small-Caps Still Scuffling</h2>\n<p>So where does that leave small-caps, which are often known for their solid performance during economic recoveries? The small-cap&nbsp;<b>Russell 2000 Index</b>&nbsp;(RUT) is still scuffling a bit, pretty much flat so far this month and well below its 2021 highs. It did rise a bit on Wednesday, but again got outpaced by the $DJI. It’s basically still stuck in a volatile 5-month “rut” despite the strong and steady doses of easy-money policy.</p>\n<p>It might be worth watching to see if RUT can break out of the slow pattern it entered after emerging from its early summer selloff. Which way RUT goes from here might help provide clues about the market as a whole, because RUT can be an early leader up or down.</p>\n<p>Another consideration is where the&nbsp;FAANG stocks&nbsp;go if Treasury yields resume their climb. Remember that earlier this year, rising yields appeared to take a big bite out of the “mega-cap” Tech stocks, with AAPL and<b>&nbsp;Tesla</b>&nbsp;(NASDAQ:TSLA) among that hit hardest. It’s fine to say that Financials and Energy can pick up the slack, but that ignores the fact that the FAANGs—like it or not—comprise about 20% of the value of the SPX. That means any significant setbacks for these huge companies could drag the overall index.</p>\n<p>Since May, mega-cap Techs have been helping pull up the SPX while some of the other sectors struggle. Analysts are talking about how the rally has less “depth,” meaning it’s more dependent on a few big gorillas to keep it going. While yields aren’t in the kind of territory we saw last spring, it’s worth watching that relationship between yields and FAANGs for clues about where the market goes next.</p>\n<p>If inflation growth is actually slowing—and one CPI report isn’t a trend—that could drive optimism that the Fed won’t clamp down right away, perhaps keeping yields from overheating and mega-caps from melting down. Now the PPI report may have people rethinking that. The tug of war continues.</p>\n<h2>The Sweet And The Sour Impact Of Washington</h2>\n<p>Stocks got a nice assist from Congress earlier this week when the Senate passed the infrastructure bill. On the opposite side of the equation, markets seem to be ignoring a debate in Congress over the debt ceiling. Treasury Secretary Janet Yellen encouraged the parties to find a solution, and for now, the thinking on Wall Street seems to be that there will be one. However, that doesn’t mean a smooth process.</p>\n<p>There was eventually a solution in 2011, too, and the U.S. didn’t default on its debt payments. But it did see its credit rating lowered, and stocks took a pounding that summer. We’ll see if Congress can avoid getting to that point this time around. As a reminder, the debt ceiling has been raised numerous times since the 1980s, with both parties voting to do so. The last time was in 2019, under President Trump.</p>\n<p>If the debt ceiling fight starts to ramp up,&nbsp;volatility&nbsp;could eventually return. It’s not really a big factor right now, but don’t be surprised if we see some intraday volatility continue in the coming weeks.</p>\n<p>You saw the beginnings of that the last couple of weeks, where we’d be up significantly in the morning and sell back off. Or be down significantly in the morning and rally back. We’re probably going to see that pattern continue because besides awaiting the next steps on the infrastructure bill, the market still awaits clarity from the Fed. And even though this bill is exciting, that clarity from the Fed is arguably the big cloud that everything else operates underneath right now as far as the market is concerned.</p>\n<p>For instance, yesterday Kansas City Fed President Esther George said it was time for the central bank to begin pulling back its bond-buying program. There’s been similar language from other Fed officials recently. No single person at the Fed sets policy, but at least a few seem to be chomping at the bit, so to speak, to start tapering.</p>\n<p class=\"t-img-caption\"><img src=\"https://tickertapecdn.tdameritrade.com/assets/images/pages/md/2021-08-12-chart.png\" tg-width=\"780\" tg-height=\"412\" width=\"100%\" height=\"auto\"><span>CHART OF THE DAY: WHAT’S YOUR 50? Though it’s been a while since the S&amp;P 500 Index (SPX—candlestick) suffered a setback, it’s worth noting that mid-month has been tough for it the last few months. That doesn’t mean there’s a selloff ahead, only that you might want to prepare for one if the pattern persists. Assuming things run into trouble, the level to watch is the 50-day moving average (blue line), which currently rests about 3% below the index. That’s pretty much how far things fell in mid-July when the last selloff occurred before the SPX bounced off of that 50-day MA. Data Source: S&amp;P Dow Jones Indices. Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.</span></p>\n<p><b>A Tale Of <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Earnings And Reopening:&nbsp;</b><a href=\"https://laohu8.com/S/TWOA\">Two</a> earnings reports out this week help illustrate how people are still eager to get out of their homes despite Delta variant fears. First,<b>&nbsp;Ebay</b>&nbsp;(NASDAQ:EBAY) gave some muted Q3 guidance because people don’t want to stay home checking online auctions. Then dating site<b>&nbsp;Bumble</b>&nbsp;(NASDAQ:BMBL) did better than expected, also because people want to get out. This can show us two things. First, there’s still a lot of pent-up demand to get back to normal. Number two, EBAY might give us insight into what to expect from other retailers, especially those who rely a lot on digital, when retail earnings season gets underway in earnest next week.</p>\n<p><b>Patience Could Be A&nbsp;Virtue With Infrastructure Stocks:&nbsp;</b>Companies like&nbsp;<b>U.S. Steel&nbsp;</b>(NYSE:X),&nbsp;<b>General Electric</b>&nbsp;(NYSE:GE), and&nbsp;<b>Cleveland-Cliffs</b>&nbsp;(NYSE:CLF) all had a nice bump this week on the Senate’s infrastructure bill passage. But remember, this isn’t something that’s going to hit the economy for a while. If you’re looking longer term as an investor and you want to own these stocks for a few years, that’s probably where the bigger opportunity is. In the shorter term, you could see an initial bump, and then maybe a little bit of a flattening out.</p>\n<p>It could take six or nine months before you actually start to see some shovel-ready projects or even some of the architectural and engineering firms starting to lay all of this out. It is a huge undertaking. Long term, it could have a big impact on some of those companies. But again, it takes a while to get going.<b>&nbsp;</b></p>\n<p><b>Not Enough Gloom For Gold To Shine?</b>&nbsp;The traditional clash between market fundamentalists and chart technicians came to a head over gold at the skirmish zone of $1,670 an ounce range. Why $1,670? For “technical” traders, that price marks the critical 61.8%&nbsp;Fibonacci retracement&nbsp;level. If this makes no sense to you at all, as it is slightly complex for the uninitiated, just assume that it’s nearing the<i>&nbsp;uncle point</i>&nbsp;where either bulls pile in and prevail (which it appears they did), or they flee, dumping their long positions as bears overrun them.</p>\n<p>The $1,670 range was tested twice before, in March, with bulls gaining the upper hand each time. But even that wasn’t enough to stem the tide of “risk-on” sentiment, leading to the fundamental vs technical commotion before yesterday’s Consumer Price Index and today’s Producer Price Index reports—both inflationary gauges; and gold, a traditional inflationary hedge. With not enough gloom to glide gold’s flight, will this week’s inflationary readings cause gold to shine or sizzle?</p>\n<p>TD Ameritrade® commentary for educational purposes only. Member SIPC.</p>\n<p>Image by Alessandro D'Andrea from Pixabay</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty</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\">\nA Three-Prong Crucible? Markets Eye Record Highs Amid Inflation, Fiscal, And Delta Uncertainty\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-12 22:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading.</p>\n<p>Will that change today after a sizzling producer price index (PPI) reading? Remember that any gains in PPI can often get reflected in CPI down the road as companies react to higher wholesale prices by passing them along to the consumer. And then there’s the other side of the coin—where companies absorb these prices, which can impact margins. Either way, inflation tends to pack a wallop.</p>\n<p>Major indices didn’t immediately react much to a July PPI reading of 1%, which was way above the Wall Street analyst consensus of 0.5%. That followed yesterday’s CPI coming in about as expected and well below the June level. The July PPI was equal to June’s, so that kind of takes a bit of the transitory argument away. Also, core PPI, which strips out volatile energy and food prices, was the same as the headline figure, so there’s no hiding behind that.</p>\n<p>The PPI report is just the start of today’s action. Later on,&nbsp;<b>Disney&nbsp;</b>(NYSE:DIS)&nbsp;steps onto center stage&nbsp;with its earnings report. Focus is likely to be on streaming and whether the Delta variant might slow attendance gains at theme parks and movie theaters. It’s likely DIS executives will be asked how the big jump in Florida cases is affecting the Magic Kingdom in Orlando.</p>\n<p>Weekly jobless claims of 375,000 were more in line with estimates and pretty much down the middle compared with recent numbers. There doesn’t seem to be much improvement going on here, but it’s not getting worse, either. The number probably won’t have much influence today.</p>\n<p>Instead, investors are likely to spend their time trying to make sense of these contrasting inflation indicators, which might explain why major indices initially went nowhere in pre-market trading on the PPI reading. Does this strong PPI give the Fed more reason to begin its tapering earlier than expected, or will the Fed wait for another month of data to try and get more clarity? If history means anything, we can probably bet on option two.</p>\n<h2>Inflationary Showdown Shows Slight Slowdown</h2>\n<p>Wednesday’s Consumer Price Index (CPI) report told investors mostly what they already knew: overall inflation is running hot. But that’s not what the market was keen to focus on. Instead, investors appeared to be looking at the core CPI, which jumped 4.3% year over year as expected but only 0.3% on a monthly basis—a tad less than the 0.4% analysts estimated.</p>\n<p>On top of this, the Fed’s “transitory” narrative suddenly seemed a bit more believable as a slowdown in used car prices likely allayed fears of a monetary sudden-brake shock. Used car prices rose only 0.2% in July, a small bump compared to the prior month’s steep 10% surge.</p>\n<p>But again, this morning’s PPI seems to be at least a partial counterargument to the transitory view. A single month’s data isn’t a trend, but this is certainly <a href=\"https://laohu8.com/S/AONE.U\">one</a> to keep an eye on.</p>\n<p>Following the CPI report, the&nbsp;<b>Dow Jones Industrial Average&nbsp;</b>($DJI) jumped as much as 200 points, with&nbsp;<b>Caterpillar&nbsp;</b>(NYSE:CAT) and&nbsp;<b>Home Depot</b>&nbsp;(NYSE:HD) leading the index, while 10-year Treasury yields stood mostly flat, and “FAANG” stocks slid into negative territory, with the exception of&nbsp;<b>Apple&nbsp;</b>(NASDAQ:AAPL). Could it be that fears of a “too-laid-back” Fed policy are starting to morph into a “just right” Goldilocks scenario?</p>\n<p>Big cyclical sectors like Energy and Financials were already on the upswing this week even before yesterday’s bullish CPI data. Strength in these sectors helped give the blue-chip&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;($DJI) a lift so far over the other major indices.</p>\n<h2>Small-Caps Still Scuffling</h2>\n<p>So where does that leave small-caps, which are often known for their solid performance during economic recoveries? The small-cap&nbsp;<b>Russell 2000 Index</b>&nbsp;(RUT) is still scuffling a bit, pretty much flat so far this month and well below its 2021 highs. It did rise a bit on Wednesday, but again got outpaced by the $DJI. It’s basically still stuck in a volatile 5-month “rut” despite the strong and steady doses of easy-money policy.</p>\n<p>It might be worth watching to see if RUT can break out of the slow pattern it entered after emerging from its early summer selloff. Which way RUT goes from here might help provide clues about the market as a whole, because RUT can be an early leader up or down.</p>\n<p>Another consideration is where the&nbsp;FAANG stocks&nbsp;go if Treasury yields resume their climb. Remember that earlier this year, rising yields appeared to take a big bite out of the “mega-cap” Tech stocks, with AAPL and<b>&nbsp;Tesla</b>&nbsp;(NASDAQ:TSLA) among that hit hardest. It’s fine to say that Financials and Energy can pick up the slack, but that ignores the fact that the FAANGs—like it or not—comprise about 20% of the value of the SPX. That means any significant setbacks for these huge companies could drag the overall index.</p>\n<p>Since May, mega-cap Techs have been helping pull up the SPX while some of the other sectors struggle. Analysts are talking about how the rally has less “depth,” meaning it’s more dependent on a few big gorillas to keep it going. While yields aren’t in the kind of territory we saw last spring, it’s worth watching that relationship between yields and FAANGs for clues about where the market goes next.</p>\n<p>If inflation growth is actually slowing—and one CPI report isn’t a trend—that could drive optimism that the Fed won’t clamp down right away, perhaps keeping yields from overheating and mega-caps from melting down. Now the PPI report may have people rethinking that. The tug of war continues.</p>\n<h2>The Sweet And The Sour Impact Of Washington</h2>\n<p>Stocks got a nice assist from Congress earlier this week when the Senate passed the infrastructure bill. On the opposite side of the equation, markets seem to be ignoring a debate in Congress over the debt ceiling. Treasury Secretary Janet Yellen encouraged the parties to find a solution, and for now, the thinking on Wall Street seems to be that there will be one. However, that doesn’t mean a smooth process.</p>\n<p>There was eventually a solution in 2011, too, and the U.S. didn’t default on its debt payments. But it did see its credit rating lowered, and stocks took a pounding that summer. We’ll see if Congress can avoid getting to that point this time around. As a reminder, the debt ceiling has been raised numerous times since the 1980s, with both parties voting to do so. The last time was in 2019, under President Trump.</p>\n<p>If the debt ceiling fight starts to ramp up,&nbsp;volatility&nbsp;could eventually return. It’s not really a big factor right now, but don’t be surprised if we see some intraday volatility continue in the coming weeks.</p>\n<p>You saw the beginnings of that the last couple of weeks, where we’d be up significantly in the morning and sell back off. Or be down significantly in the morning and rally back. We’re probably going to see that pattern continue because besides awaiting the next steps on the infrastructure bill, the market still awaits clarity from the Fed. And even though this bill is exciting, that clarity from the Fed is arguably the big cloud that everything else operates underneath right now as far as the market is concerned.</p>\n<p>For instance, yesterday Kansas City Fed President Esther George said it was time for the central bank to begin pulling back its bond-buying program. There’s been similar language from other Fed officials recently. No single person at the Fed sets policy, but at least a few seem to be chomping at the bit, so to speak, to start tapering.</p>\n<p class=\"t-img-caption\"><img src=\"https://tickertapecdn.tdameritrade.com/assets/images/pages/md/2021-08-12-chart.png\" tg-width=\"780\" tg-height=\"412\" width=\"100%\" height=\"auto\"><span>CHART OF THE DAY: WHAT’S YOUR 50? Though it’s been a while since the S&amp;P 500 Index (SPX—candlestick) suffered a setback, it’s worth noting that mid-month has been tough for it the last few months. That doesn’t mean there’s a selloff ahead, only that you might want to prepare for one if the pattern persists. Assuming things run into trouble, the level to watch is the 50-day moving average (blue line), which currently rests about 3% below the index. That’s pretty much how far things fell in mid-July when the last selloff occurred before the SPX bounced off of that 50-day MA. Data Source: S&amp;P Dow Jones Indices. Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.</span></p>\n<p><b>A Tale Of <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Earnings And Reopening:&nbsp;</b><a href=\"https://laohu8.com/S/TWOA\">Two</a> earnings reports out this week help illustrate how people are still eager to get out of their homes despite Delta variant fears. First,<b>&nbsp;Ebay</b>&nbsp;(NASDAQ:EBAY) gave some muted Q3 guidance because people don’t want to stay home checking online auctions. Then dating site<b>&nbsp;Bumble</b>&nbsp;(NASDAQ:BMBL) did better than expected, also because people want to get out. This can show us two things. First, there’s still a lot of pent-up demand to get back to normal. Number two, EBAY might give us insight into what to expect from other retailers, especially those who rely a lot on digital, when retail earnings season gets underway in earnest next week.</p>\n<p><b>Patience Could Be A&nbsp;Virtue With Infrastructure Stocks:&nbsp;</b>Companies like&nbsp;<b>U.S. Steel&nbsp;</b>(NYSE:X),&nbsp;<b>General Electric</b>&nbsp;(NYSE:GE), and&nbsp;<b>Cleveland-Cliffs</b>&nbsp;(NYSE:CLF) all had a nice bump this week on the Senate’s infrastructure bill passage. But remember, this isn’t something that’s going to hit the economy for a while. If you’re looking longer term as an investor and you want to own these stocks for a few years, that’s probably where the bigger opportunity is. In the shorter term, you could see an initial bump, and then maybe a little bit of a flattening out.</p>\n<p>It could take six or nine months before you actually start to see some shovel-ready projects or even some of the architectural and engineering firms starting to lay all of this out. It is a huge undertaking. Long term, it could have a big impact on some of those companies. But again, it takes a while to get going.<b>&nbsp;</b></p>\n<p><b>Not Enough Gloom For Gold To Shine?</b>&nbsp;The traditional clash between market fundamentalists and chart technicians came to a head over gold at the skirmish zone of $1,670 an ounce range. Why $1,670? For “technical” traders, that price marks the critical 61.8%&nbsp;Fibonacci retracement&nbsp;level. If this makes no sense to you at all, as it is slightly complex for the uninitiated, just assume that it’s nearing the<i>&nbsp;uncle point</i>&nbsp;where either bulls pile in and prevail (which it appears they did), or they flee, dumping their long positions as bears overrun them.</p>\n<p>The $1,670 range was tested twice before, in March, with bulls gaining the upper hand each time. But even that wasn’t enough to stem the tide of “risk-on” sentiment, leading to the fundamental vs technical commotion before yesterday’s Consumer Price Index and today’s Producer Price Index reports—both inflationary gauges; and gold, a traditional inflationary hedge. With not enough gloom to glide gold’s flight, will this week’s inflationary readings cause gold to shine or sizzle?</p>\n<p>TD Ameritrade® commentary for educational purposes only. Member SIPC.</p>\n<p>Image by Alessandro D'Andrea from Pixabay</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay","CAT":"卡特彼勒","CLF":"克利夫兰克里夫","X":"美国钢铁","DIS":"迪士尼","TSLA":"特斯拉","BMBL":"Bumble Inc.","QNETCN":"纳斯达克中美互联网老虎指数","GE":"GE航空航天","HD":"家得宝","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158250170","content_text":"Yesterday the market got behind the Fed’s idea that inflation is transitory after a calm consumer price index (CPI) reading.\nWill that change today after a sizzling producer price index (PPI) reading? Remember that any gains in PPI can often get reflected in CPI down the road as companies react to higher wholesale prices by passing them along to the consumer. And then there’s the other side of the coin—where companies absorb these prices, which can impact margins. Either way, inflation tends to pack a wallop.\nMajor indices didn’t immediately react much to a July PPI reading of 1%, which was way above the Wall Street analyst consensus of 0.5%. That followed yesterday’s CPI coming in about as expected and well below the June level. The July PPI was equal to June’s, so that kind of takes a bit of the transitory argument away. Also, core PPI, which strips out volatile energy and food prices, was the same as the headline figure, so there’s no hiding behind that.\nThe PPI report is just the start of today’s action. Later on, Disney (NYSE:DIS) steps onto center stage with its earnings report. Focus is likely to be on streaming and whether the Delta variant might slow attendance gains at theme parks and movie theaters. It’s likely DIS executives will be asked how the big jump in Florida cases is affecting the Magic Kingdom in Orlando.\nWeekly jobless claims of 375,000 were more in line with estimates and pretty much down the middle compared with recent numbers. There doesn’t seem to be much improvement going on here, but it’s not getting worse, either. The number probably won’t have much influence today.\nInstead, investors are likely to spend their time trying to make sense of these contrasting inflation indicators, which might explain why major indices initially went nowhere in pre-market trading on the PPI reading. Does this strong PPI give the Fed more reason to begin its tapering earlier than expected, or will the Fed wait for another month of data to try and get more clarity? If history means anything, we can probably bet on option two.\nInflationary Showdown Shows Slight Slowdown\nWednesday’s Consumer Price Index (CPI) report told investors mostly what they already knew: overall inflation is running hot. But that’s not what the market was keen to focus on. Instead, investors appeared to be looking at the core CPI, which jumped 4.3% year over year as expected but only 0.3% on a monthly basis—a tad less than the 0.4% analysts estimated.\nOn top of this, the Fed’s “transitory” narrative suddenly seemed a bit more believable as a slowdown in used car prices likely allayed fears of a monetary sudden-brake shock. Used car prices rose only 0.2% in July, a small bump compared to the prior month’s steep 10% surge.\nBut again, this morning’s PPI seems to be at least a partial counterargument to the transitory view. A single month’s data isn’t a trend, but this is certainly one to keep an eye on.\nFollowing the CPI report, the Dow Jones Industrial Average ($DJI) jumped as much as 200 points, with Caterpillar (NYSE:CAT) and Home Depot (NYSE:HD) leading the index, while 10-year Treasury yields stood mostly flat, and “FAANG” stocks slid into negative territory, with the exception of Apple (NASDAQ:AAPL). Could it be that fears of a “too-laid-back” Fed policy are starting to morph into a “just right” Goldilocks scenario?\nBig cyclical sectors like Energy and Financials were already on the upswing this week even before yesterday’s bullish CPI data. Strength in these sectors helped give the blue-chip Dow Jones Industrial Average ($DJI) a lift so far over the other major indices.\nSmall-Caps Still Scuffling\nSo where does that leave small-caps, which are often known for their solid performance during economic recoveries? The small-cap Russell 2000 Index (RUT) is still scuffling a bit, pretty much flat so far this month and well below its 2021 highs. It did rise a bit on Wednesday, but again got outpaced by the $DJI. It’s basically still stuck in a volatile 5-month “rut” despite the strong and steady doses of easy-money policy.\nIt might be worth watching to see if RUT can break out of the slow pattern it entered after emerging from its early summer selloff. Which way RUT goes from here might help provide clues about the market as a whole, because RUT can be an early leader up or down.\nAnother consideration is where the FAANG stocks go if Treasury yields resume their climb. Remember that earlier this year, rising yields appeared to take a big bite out of the “mega-cap” Tech stocks, with AAPL and Tesla (NASDAQ:TSLA) among that hit hardest. It’s fine to say that Financials and Energy can pick up the slack, but that ignores the fact that the FAANGs—like it or not—comprise about 20% of the value of the SPX. That means any significant setbacks for these huge companies could drag the overall index.\nSince May, mega-cap Techs have been helping pull up the SPX while some of the other sectors struggle. Analysts are talking about how the rally has less “depth,” meaning it’s more dependent on a few big gorillas to keep it going. While yields aren’t in the kind of territory we saw last spring, it’s worth watching that relationship between yields and FAANGs for clues about where the market goes next.\nIf inflation growth is actually slowing—and one CPI report isn’t a trend—that could drive optimism that the Fed won’t clamp down right away, perhaps keeping yields from overheating and mega-caps from melting down. Now the PPI report may have people rethinking that. The tug of war continues.\nThe Sweet And The Sour Impact Of Washington\nStocks got a nice assist from Congress earlier this week when the Senate passed the infrastructure bill. On the opposite side of the equation, markets seem to be ignoring a debate in Congress over the debt ceiling. Treasury Secretary Janet Yellen encouraged the parties to find a solution, and for now, the thinking on Wall Street seems to be that there will be one. However, that doesn’t mean a smooth process.\nThere was eventually a solution in 2011, too, and the U.S. didn’t default on its debt payments. But it did see its credit rating lowered, and stocks took a pounding that summer. We’ll see if Congress can avoid getting to that point this time around. As a reminder, the debt ceiling has been raised numerous times since the 1980s, with both parties voting to do so. The last time was in 2019, under President Trump.\nIf the debt ceiling fight starts to ramp up, volatility could eventually return. It’s not really a big factor right now, but don’t be surprised if we see some intraday volatility continue in the coming weeks.\nYou saw the beginnings of that the last couple of weeks, where we’d be up significantly in the morning and sell back off. Or be down significantly in the morning and rally back. We’re probably going to see that pattern continue because besides awaiting the next steps on the infrastructure bill, the market still awaits clarity from the Fed. And even though this bill is exciting, that clarity from the Fed is arguably the big cloud that everything else operates underneath right now as far as the market is concerned.\nFor instance, yesterday Kansas City Fed President Esther George said it was time for the central bank to begin pulling back its bond-buying program. There’s been similar language from other Fed officials recently. No single person at the Fed sets policy, but at least a few seem to be chomping at the bit, so to speak, to start tapering.\nCHART OF THE DAY: WHAT’S YOUR 50? Though it’s been a while since the S&P 500 Index (SPX—candlestick) suffered a setback, it’s worth noting that mid-month has been tough for it the last few months. That doesn’t mean there’s a selloff ahead, only that you might want to prepare for one if the pattern persists. Assuming things run into trouble, the level to watch is the 50-day moving average (blue line), which currently rests about 3% below the index. That’s pretty much how far things fell in mid-July when the last selloff occurred before the SPX bounced off of that 50-day MA. Data Source: S&P Dow Jones Indices. Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.\nA Tale Of Two Earnings And Reopening: Two earnings reports out this week help illustrate how people are still eager to get out of their homes despite Delta variant fears. First, Ebay (NASDAQ:EBAY) gave some muted Q3 guidance because people don’t want to stay home checking online auctions. Then dating site Bumble (NASDAQ:BMBL) did better than expected, also because people want to get out. This can show us two things. First, there’s still a lot of pent-up demand to get back to normal. Number two, EBAY might give us insight into what to expect from other retailers, especially those who rely a lot on digital, when retail earnings season gets underway in earnest next week.\nPatience Could Be A Virtue With Infrastructure Stocks: Companies like U.S. Steel (NYSE:X), General Electric (NYSE:GE), and Cleveland-Cliffs (NYSE:CLF) all had a nice bump this week on the Senate’s infrastructure bill passage. But remember, this isn’t something that’s going to hit the economy for a while. If you’re looking longer term as an investor and you want to own these stocks for a few years, that’s probably where the bigger opportunity is. In the shorter term, you could see an initial bump, and then maybe a little bit of a flattening out.\nIt could take six or nine months before you actually start to see some shovel-ready projects or even some of the architectural and engineering firms starting to lay all of this out. It is a huge undertaking. Long term, it could have a big impact on some of those companies. But again, it takes a while to get going. \nNot Enough Gloom For Gold To Shine? The traditional clash between market fundamentalists and chart technicians came to a head over gold at the skirmish zone of $1,670 an ounce range. Why $1,670? For “technical” traders, that price marks the critical 61.8% Fibonacci retracement level. If this makes no sense to you at all, as it is slightly complex for the uninitiated, just assume that it’s nearing the uncle point where either bulls pile in and prevail (which it appears they did), or they flee, dumping their long positions as bears overrun them.\nThe $1,670 range was tested twice before, in March, with bulls gaining the upper hand each time. But even that wasn’t enough to stem the tide of “risk-on” sentiment, leading to the fundamental vs technical commotion before yesterday’s Consumer Price Index and today’s Producer Price Index reports—both inflationary gauges; and gold, a traditional inflationary hedge. With not enough gloom to glide gold’s flight, will this week’s inflationary readings cause gold to shine or sizzle?\nTD Ameritrade® commentary for educational purposes only. Member SIPC.\nImage by Alessandro D'Andrea from Pixabay","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803175292,"gmtCreate":1627430022916,"gmtModify":1703489677913,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Nice and thanks for sharing. Pls like&nbsp;","listText":"Nice and thanks for sharing. Pls like&nbsp;","text":"Nice and thanks for sharing. Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/803175292","repostId":"2154991792","repostType":4,"repost":{"id":"2154991792","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":1627428087,"share":"https://ttm.financial/m/news/2154991792?lang=&edition=fundamental","pubTime":"2021-07-28 07:21","market":"us","language":"en","title":"Wall St snaps five-day up streak as caution rises before tech earnings, Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2154991792","media":"Reuters","summary":"NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the t","content":"<p>NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.</p>\n<p>The Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.</p>\n<p>Shares of Apple Inc, Microsoft Corp&nbsp;and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&amp;P 500 along with Amazon.com Inc , which is expected to report results later this week.</p>\n<p>Also, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.</p>\n<p>Shares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.</p>\n<p>\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>Adding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.</p>\n<p>\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.</p>\n<p>Uncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.</p>\n<p>The Dow Jones Industrial Average&nbsp;fell 85.79 points, or 0.24%, to 35,058.52, the S&amp;P 500&nbsp;lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite &nbsp;dropped 180.14 points, or 1.21%, to 14,660.58.</p>\n<p>Helping to support the Dow, shares of McDonald's Corp&nbsp;rose 1% ahead of its results due before the bell on Wednesday.</p>\n<p>In another sign that investors were in a risk-off mood, defensive sectors such as real estate&nbsp;and utilities&nbsp;were the two best-performing S&amp;P 500 categories for the day, and U.S. Treasuries prices rose.</p>\n<p>Intel Corp&nbsp;shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.</p>\n<p>Volume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St snaps five-day up streak as caution rises before tech earnings, Fed</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\">\nWall St snaps five-day up streak as caution rises before tech earnings, Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-28 07:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.</p>\n<p>The Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.</p>\n<p>Shares of Apple Inc, Microsoft Corp&nbsp;and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&amp;P 500 along with Amazon.com Inc , which is expected to report results later this week.</p>\n<p>Also, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.</p>\n<p>Shares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.</p>\n<p>\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>Adding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.</p>\n<p>\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.</p>\n<p>Uncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.</p>\n<p>The Dow Jones Industrial Average&nbsp;fell 85.79 points, or 0.24%, to 35,058.52, the S&amp;P 500&nbsp;lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite &nbsp;dropped 180.14 points, or 1.21%, to 14,660.58.</p>\n<p>Helping to support the Dow, shares of McDonald's Corp&nbsp;rose 1% ahead of its results due before the bell on Wednesday.</p>\n<p>In another sign that investors were in a risk-off mood, defensive sectors such as real estate&nbsp;and utilities&nbsp;were the two best-performing S&amp;P 500 categories for the day, and U.S. Treasuries prices rose.</p>\n<p>Intel Corp&nbsp;shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.</p>\n<p>Volume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154991792","content_text":"NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.\nThe Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.\nShares of Apple Inc, Microsoft Corp and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&P 500 along with Amazon.com Inc , which is expected to report results later this week.\nAlso, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.\nShares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.\n\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\nAdding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.\n\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.\nUncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.\nThe Dow Jones Industrial Average fell 85.79 points, or 0.24%, to 35,058.52, the S&P 500 lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite  dropped 180.14 points, or 1.21%, to 14,660.58.\nHelping to support the Dow, shares of McDonald's Corp rose 1% ahead of its results due before the bell on Wednesday.\nIn another sign that investors were in a risk-off mood, defensive sectors such as real estate and utilities were the two best-performing S&P 500 categories for the day, and U.S. Treasuries prices rose.\nIntel Corp shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.\nVolume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.\nThe S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881903250,"gmtCreate":1631283563470,"gmtModify":1676530519617,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Nice to buy ?","listText":"Nice to buy ?","text":"Nice to buy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881903250","repostId":"1157873396","repostType":4,"repost":{"id":"1157873396","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":1631283021,"share":"https://ttm.financial/m/news/1157873396?lang=&edition=fundamental","pubTime":"2021-09-10 22:10","market":"us","language":"en","title":"RLX Technology fell 9% in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1157873396","media":"Tiger Newspress","summary":"(Sept 10) RLX Technology fell 9% in early trading.","content":"<p>(Sept 10)&nbsp;<a href=\"https://laohu8.com/S/RLX\">RLX Technology</a> fell 9% in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1c0f0f2d7b2efab26b1281bb1299d085\" tg-width=\"995\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RLX Technology fell 9% in early trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRLX Technology fell 9% in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-10 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 10)&nbsp;<a href=\"https://laohu8.com/S/RLX\">RLX Technology</a> fell 9% in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1c0f0f2d7b2efab26b1281bb1299d085\" tg-width=\"995\" tg-height=\"567\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157873396","content_text":"(Sept 10) RLX Technology fell 9% in early trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839332536,"gmtCreate":1629121752625,"gmtModify":1676529937351,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839332536","repostId":"2159248377","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893458928,"gmtCreate":1628297086064,"gmtModify":1703504644248,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Noted and thanks for sharing and pls like&nbsp;","listText":"Noted and thanks for sharing and pls like&nbsp;","text":"Noted and thanks for sharing and pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/893458928","repostId":"1143051031","repostType":4,"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899685300,"gmtCreate":1628178344800,"gmtModify":1703502736736,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Like pls ;)","listText":"Like pls ;)","text":"Like pls ;)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/899685300","repostId":"1173170520","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807972157,"gmtCreate":1627998832779,"gmtModify":1703499381239,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Keep going and help me like&nbsp;","listText":"Keep going and help me like&nbsp;","text":"Keep going and help me like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/807972157","repostId":"1168499499","repostType":4,"repost":{"id":"1168499499","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":1627997574,"share":"https://ttm.financial/m/news/1168499499?lang=&edition=fundamental","pubTime":"2021-08-03 21:32","market":"us","language":"en","title":"US stocks start with gains, Chinese gaming stocks listed in the U.S. slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1168499499","media":"Tiger Newspress","summary":"(August 3) US stocks start with gains. Dow and S&P 500 within striking distance of record highs.\nTra","content":"<p>(August 3)&nbsp;US stocks start with gains.&nbsp;Dow and S&amp;P 500 within striking distance of record highs.</p>\n<p><a href=\"https://laohu8.com/S/TBIO\">Translate Bio Inc.</a> surged over 29%,&nbsp;Sanofi to buy Translate Bio for $3.2 Billion in mRNA push.</p>\n<p><img src=\"https://static.tigerbbs.com/ac2ec4c9d5aac2cca29ef161185f3f43\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>\n<p>The big story overnight was China's latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in morning trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 9.39%, Bilibili falls 7.61%, Huya declines 4.56% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 4.63% as of 9:32am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -2.95%, Pinduoduo -2.12%, Baidu -1.90%.</p>\n<p><img src=\"https://static.tigerbbs.com/ad987a54ef50f83b93a4a205cbc8c082\" tg-width=\"375\" tg-height=\"798\" referrerpolicy=\"no-referrer\">EV&nbsp;stocks&nbsp;mixed&nbsp;in&nbsp;morning&nbsp;rading.&nbsp;Tesla gains again after Piper Sandler forecasts more margin improvement.<img src=\"https://static.tigerbbs.com/35d64d48eaf6da5ce1c09b3805d0ca61\" tg-width=\"371\" tg-height=\"164\" referrerpolicy=\"no-referrer\">BP rose over 4% in morning trading. BP ups dividend and announces $1.4bn buyback as profits recover.</p>\n<p><img src=\"https://static.tigerbbs.com/0dbe78fc9fab965329baed3939df25cc\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\">Nikola&nbsp;fell&nbsp;over&nbsp;2%&nbsp;in&nbsp;morning&nbsp;trading.&nbsp;Nikola Q2 adj. per-share loss 20 cents, beats loss 30 cents estimate.</p>\n<ul>\n <li>Nikola Q2 per-share loss 36 cents vs. loss 43 cents a year ago;</li>\n <li>Nikola Q2 net loss 143.23bln vs. net loss 115.78bln a year ago.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/fcc64b76099a23fd307ddbd5392615f2\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US stocks start with gains, Chinese gaming stocks listed in the U.S. slump</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 start with gains, Chinese gaming stocks listed in the U.S. slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-03 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August 3)&nbsp;US stocks start with gains.&nbsp;Dow and S&amp;P 500 within striking distance of record highs.</p>\n<p><a href=\"https://laohu8.com/S/TBIO\">Translate Bio Inc.</a> surged over 29%,&nbsp;Sanofi to buy Translate Bio for $3.2 Billion in mRNA push.</p>\n<p><img src=\"https://static.tigerbbs.com/ac2ec4c9d5aac2cca29ef161185f3f43\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>\n<p>The big story overnight was China's latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in morning trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 9.39%, Bilibili falls 7.61%, Huya declines 4.56% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 4.63% as of 9:32am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -2.95%, Pinduoduo -2.12%, Baidu -1.90%.</p>\n<p><img src=\"https://static.tigerbbs.com/ad987a54ef50f83b93a4a205cbc8c082\" tg-width=\"375\" tg-height=\"798\" referrerpolicy=\"no-referrer\">EV&nbsp;stocks&nbsp;mixed&nbsp;in&nbsp;morning&nbsp;rading.&nbsp;Tesla gains again after Piper Sandler forecasts more margin improvement.<img src=\"https://static.tigerbbs.com/35d64d48eaf6da5ce1c09b3805d0ca61\" tg-width=\"371\" tg-height=\"164\" referrerpolicy=\"no-referrer\">BP rose over 4% in morning trading. BP ups dividend and announces $1.4bn buyback as profits recover.</p>\n<p><img src=\"https://static.tigerbbs.com/0dbe78fc9fab965329baed3939df25cc\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\">Nikola&nbsp;fell&nbsp;over&nbsp;2%&nbsp;in&nbsp;morning&nbsp;trading.&nbsp;Nikola Q2 adj. per-share loss 20 cents, beats loss 30 cents estimate.</p>\n<ul>\n <li>Nikola Q2 per-share loss 36 cents vs. loss 43 cents a year ago;</li>\n <li>Nikola Q2 net loss 143.23bln vs. net loss 115.78bln a year ago.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/fcc64b76099a23fd307ddbd5392615f2\" tg-width=\"946\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168499499","content_text":"(August 3) US stocks start with gains. Dow and S&P 500 within striking distance of record highs.\nTranslate Bio Inc. surged over 29%, Sanofi to buy Translate Bio for $3.2 Billion in mRNA push.\n\nThe big story overnight was China's latest crackdown in which the XInhua-affiliated Economic Information Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.  \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.\nNot surprisingly, Chinese gaming stocks listed in the U.S. slump in morning trading; among the biggest gaming-related stocks falling this morning, NetEase sinks 9.39%, Bilibili falls 7.61%, Huya declines 4.56% and DouYu International slides 4.63% as of 9:32am in New York, Other large-cap Chinese stocks are also lower in U.S. premarket trading: Alibaba -2.95%, Pinduoduo -2.12%, Baidu -1.90%.\nEV stocks mixed in morning rading. Tesla gains again after Piper Sandler forecasts more margin improvement.BP rose over 4% in morning trading. BP ups dividend and announces $1.4bn buyback as profits recover.\nNikola fell over 2% in morning trading. Nikola Q2 adj. per-share loss 20 cents, beats loss 30 cents estimate.\n\nNikola Q2 per-share loss 36 cents vs. loss 43 cents a year ago;\nNikola Q2 net loss 143.23bln vs. net loss 115.78bln a year ago.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810496542,"gmtCreate":1629990270186,"gmtModify":1676530195330,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Omg that serious&nbsp;","listText":"Omg that serious&nbsp;","text":"Omg that serious","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/810496542","repostId":"1186610229","repostType":4,"repost":{"id":"1186610229","pubTimestamp":1629990174,"share":"https://ttm.financial/m/news/1186610229?lang=&edition=fundamental","pubTime":"2021-08-26 23:02","market":"us","language":"en","title":"T-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’","url":"https://stock-news.laohu8.com/highlight/detail?id=1186610229","media":"The Wall Street Journal","summary":"A 21-year-old American said he used an unprotected router to access millions of customer records in ","content":"<p>A 21-year-old American said he used an unprotected router to access millions of customer records in the mobile carrier’s latest breach、</p>\n<p>The hacker who is taking responsibility for breaking into&nbsp;T-Mobile USInc.’s&nbsp;systems said the wireless company’s lax security eased his path into a cache of records with&nbsp;personal details on more than 50 million people&nbsp;and counting.</p>\n<p>John Binns, a 21-year-old American who moved to Turkey a few years ago, told The Wall Street Journal he was behind the security breach. Mr. Binns, who since 2017 has used several online aliases, communicated with the Journal in Telegram messages from an account that discussed details of the hack before they were widely known.</p>\n<p>The August intrusion was the latest in a string of high-profile breaches at U.S. companies that have allowed thieves to walk away with troves of personal details on consumers. A booming industry of cybersecurity consultants, software suppliers and incident-response teams have so far failed to turn the tide against hackers and identity thieves who fuel their businesses by tapping these deep reservoirs of stolen corporate data.</p>\n<p>The breach is the third major customer data leak that T-Mobile has disclosed in the past two years. The Bellevue, Wash., company is the&nbsp;second-largest U.S. mobile carrier&nbsp;with roughly 90 million cellphones connecting to its networks.</p>\n<p>The Seattle office of the Federal Bureau of Investigation is investigating the T-Mobile hack, according to a person familiar with the matter. “The FBI is aware of the incident and does not have any additional information at this time,” the Seattle office said in a statement Wednesday.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52595834917c106b9e64c6757672a073\" tg-width=\"700\" tg-height=\"222\" width=\"100%\" height=\"auto\"><span>The 21-year-old hacker shared a screenshot of internal T-Mobile servers with warnings against unauthorized access.</span></p>\n<p>In messages with the Journal, Mr. Binns said he managed to pierce T-Mobile’s defenses after discovering in July an unprotected router exposed on the internet. He said he had been scanning T-Mobile’s known internet addresses for weak spots using a simple tool available to the public.</p>\n<p>The young hacker said he did it to gain attention. “Generating noise was one goal,” he wrote. He declined to say whether he had sold any of the stolen data or whether he was paid to breach T-Mobile.</p>\n<p>Several cybersecurity experts said the public details of the hack and reports of previous T-Mobile breaches show the carrier’s defenses need improvement. Many of the records reported stolen were from prospective clients or former customers long gone. “That to me does not sound like good data management practices,” said Glenn Gerstell, a former general counsel for the National Security Agency.</p>\n<p>Mr. Binns said he used that entry point to hack into the cellphone carrier’s data center outside East Wenatchee, Wash., where stored credentials allowed him to access more than 100 servers.</p>\n<p>“I was panicking because I had access to something big,” he wrote. “Their security is awful.”</p>\n<p>He said it took about a week to burrow into the servers that contained personal data about the carrier’s tens of millions of former and current customers, adding that the hack lifted troves of data around Aug. 4.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f12cc77e93062b84d63899c3aba29c3\" tg-width=\"1260\" tg-height=\"840\" width=\"100%\" height=\"auto\"><span>John Binns, who attended high school in northern Virginia, moved to Izmir, Turkey, with his Turkish mother when he was 18, a person familiar with the matter said.</span></p>\n<p>On Aug. 13, the security research firm Unit221B LLC reported to T-Mobile that an account&nbsp;was attempting to sell T-Mobile customer data, according to the security firm. Two days later, T-Mobile publicly acknowledged it was investigating a potential breach.</p>\n<p>T-Mobile confirmed that more than 50 million customer records have been stolen. The wireless carrier said it had repaired the security hole that enabled the breach. “We are confident that we have closed off the access and egress points the bad actor used in the attack,” it said in a statement. A T-Mobile spokeswoman declined to comment on specific claims by Mr. Binns or by cybersecurity experts.</p>\n<p>For Mr. Binns, who uses the online names IRDev and v0rtex, among others, the T-Mobile hack represents a major development in a track record that has featured various exploits and—four years ago—peripheral involvement in the&nbsp;creation of a massive network of hacked devices&nbsp;that was used for online attacks.</p>\n<p>Mr. Binns showed the Journal that he could access accounts linked to the IRDev online personality, which shared screenshots depicting access into T-Mobile’s network. He declined to be photographed but answered personal questions to confirm his identity as John Binns.</p>\n<p>In a statement, Unit221B said it believed the individual behind the IRDev alias was responsible for the T-Mobile hack because someone using this handle was reaching out to online criminals trying to sell the T-Mobile data before the hack had been made public.</p>\n<p>It’s unclear whether Mr. Binns worked alone. At one point in his communications with the Journal, he described a collaborative effort to find the login credentials needed to crack T-Mobile’s internal databases. Another online personality also offered in online forums to sell some of the stolen T-Mobile data.</p>\n<p>Mr. Binns said he grew up in northern Virginia with his Turkish mother. His father died in 2002 when Mr. Binns was two years old, according to a newspaper article and a published obituary.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9de292299785be2293778782a30e8477\" tg-width=\"300\" tg-height=\"346\" width=\"100%\" height=\"auto\"><span>John Binns shared tables of personal information that he said he found in the company’s internal systems.</span></p>\n<p>He attended McLean High School in 2015 and 2016, according to the school’s yearbooks. He was estranged from his father’s family and moved with his mother to Izmir, Turkey, shortly after his 18th birthday, according to a person familiar with the matter.</p>\n<p>He contacted a U.S. relative last year, claiming by telephone that he was a computer expert who had been kidnapped and taken to a hospital against his will, this person said. “He gushed about how he could do anything with a computer,” this person said.</p>\n<p>In Telegram messages with the Journal, Mr. Binns repeated similar claims. He said he wanted to draw attention to his perceived persecution by U.S. government authorities. He described an alleged incident in which he claims he was abducted in Germany and put into a fake mental hospital.</p>\n<p>“I have no reason to make up a fake kidnapping story and I’m hoping that someone within the FBI leaks information about that,” he wrote, explaining his reason for publicly discussing the hack.</p>\n<p>Mr. Binns’s mother didn’t respond to phone calls and messages seeking comment. After the Journal reached out to her for comment, she took down her public Facebook page.</p>\n<p>In 2020, Mr. Binns sued the Central Intelligence Agency, Federal Bureau of Investigation and other federal agencies to compel them to fulfill a federal records request he made for information about FBI investigations of botnet attacks. He didn’t use an attorney to file the complaint in the case, which is still active in the U.S. District Court for the District of Columbia. The agencies have denied his allegations in past court filings.</p>\n<p>Security researchers said several online profiles tied to Mr. Binns were associated with groups of young gamers who&nbsp;have infected swarms of devices around the world. These botnets, as the infected device clusters are called, are often used by other gamers to knock people and websites offline.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55d5c1539fe457d453648a4447b62d3b\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>T-Mobile’s most recent breach is the third major customer-data leak that the company has disclosed in the past two years. A T-Mobile retail store in Arlington, Va.</span></p>\n<p>Mike Benjamin, vice president of security for network operator Lumen Technologies Inc., said U.S. prosecutions in past years have limited the threat from these botnets, though network attacks have started growing in recent months. He said many young people, especially in the U.S. and Europe, first learn basic hacking techniques by sharing tricks and tactics with fellow gamers online.</p>\n<p>“Online videogaming drives a natural competitiveness,” Mr. Benjamin said. ”Everybody’s looking for that edge. That can reach into this area of outside of the videogame,” where tactics end up “breaking the internet instead of just inside the rules of the game.”</p>\n<p>Mr. Binns told the Journal he first learned to find zero-days—previously undisclosed software flaws—by figuring out cheats for videogames such as “Minecraft,” “Arma” and “DayZ.” He said he found the zero-day that other hackers used to create Satori, a botnet-building virus that infects unprotected home routers, but denied writing any of the Satori code.</p>\n<p>“There are people who are way more skilled than I am,” he wrote.</p>\n<p>The August hack of T-Mobile stole an array of personal details from more than 54 million customers, according to the company’s latest tally. Some customers had their names, Social Security numbers and birth dates exposed. Another batch of data included IMEI and IMSI numbers tied to users’ phones, which other attackers could use as a starting point to take control of victims’ phone lines.</p>\n<p>T-Mobile last week started notifying affected customers. The company&nbsp;offered two years of identity-protection services&nbsp;and reminded customers to regularly update passwords and PIN codes as a standard precaution.</p>\n<p>The carrier has suffered other data breaches before. The company notified customers of two separate breaches in 2020 that affected smaller sets of records. The company this year hired McDonald’s Corp. executive Timothy Youngblood to oversee its cybersecurity measures. He succeeded longtime information security chief Bill Boni, who retired in June.</p>\n<p>The Federal Communications Commission said&nbsp;it has launched a probe into the latest failure.</p>\n<p>Past data-breach penalties have reached into the hundreds of millions of dollars.Equifax&nbsp;Inc.&nbsp;in 2019 reached a settlement with U.S. officials&nbsp;to resolve several investigations and lawsuits for $700 million. The credit-data provider generated $3.5 billion of revenue that year. T-Mobile had $68.4 billion of revenue in 2020.</p>\n<p>A 2020 merger with Sprint Corp. made T-Mobile the U.S.’s second-largest mobile service provider, trailing only&nbsp;Verizon Communications&nbsp;Inc.T-Mobile executives have said they intend to keep growing by luring subscribers away from the competition.</p>\n<p>“The upside for them from here is moving upmarket,” said New Street Research analyst Jonathan Chaplin. “For the high-end customers that might’ve thought about moving over, this might be a signal that ‘Hey, T-Mobile isn’t Verizon yet.’ This is totally unquantifiable, but to the extent that there’s brand damage, that’s where it will be felt.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>T-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nT-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/t-mobile-hacker-who-stole-data-on-50-million-customers-their-security-is-awful-11629985105?mod=searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A 21-year-old American said he used an unprotected router to access millions of customer records in the mobile carrier’s latest breach、\nThe hacker who is taking responsibility for breaking into T-...</p>\n\n<a href=\"https://www.wsj.com/articles/t-mobile-hacker-who-stole-data-on-50-million-customers-their-security-is-awful-11629985105?mod=searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMUS":"T-Mobile US Inc"},"source_url":"https://www.wsj.com/articles/t-mobile-hacker-who-stole-data-on-50-million-customers-their-security-is-awful-11629985105?mod=searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186610229","content_text":"A 21-year-old American said he used an unprotected router to access millions of customer records in the mobile carrier’s latest breach、\nThe hacker who is taking responsibility for breaking into T-Mobile USInc.’s systems said the wireless company’s lax security eased his path into a cache of records with personal details on more than 50 million people and counting.\nJohn Binns, a 21-year-old American who moved to Turkey a few years ago, told The Wall Street Journal he was behind the security breach. Mr. Binns, who since 2017 has used several online aliases, communicated with the Journal in Telegram messages from an account that discussed details of the hack before they were widely known.\nThe August intrusion was the latest in a string of high-profile breaches at U.S. companies that have allowed thieves to walk away with troves of personal details on consumers. A booming industry of cybersecurity consultants, software suppliers and incident-response teams have so far failed to turn the tide against hackers and identity thieves who fuel their businesses by tapping these deep reservoirs of stolen corporate data.\nThe breach is the third major customer data leak that T-Mobile has disclosed in the past two years. The Bellevue, Wash., company is the second-largest U.S. mobile carrier with roughly 90 million cellphones connecting to its networks.\nThe Seattle office of the Federal Bureau of Investigation is investigating the T-Mobile hack, according to a person familiar with the matter. “The FBI is aware of the incident and does not have any additional information at this time,” the Seattle office said in a statement Wednesday.\nThe 21-year-old hacker shared a screenshot of internal T-Mobile servers with warnings against unauthorized access.\nIn messages with the Journal, Mr. Binns said he managed to pierce T-Mobile’s defenses after discovering in July an unprotected router exposed on the internet. He said he had been scanning T-Mobile’s known internet addresses for weak spots using a simple tool available to the public.\nThe young hacker said he did it to gain attention. “Generating noise was one goal,” he wrote. He declined to say whether he had sold any of the stolen data or whether he was paid to breach T-Mobile.\nSeveral cybersecurity experts said the public details of the hack and reports of previous T-Mobile breaches show the carrier’s defenses need improvement. Many of the records reported stolen were from prospective clients or former customers long gone. “That to me does not sound like good data management practices,” said Glenn Gerstell, a former general counsel for the National Security Agency.\nMr. Binns said he used that entry point to hack into the cellphone carrier’s data center outside East Wenatchee, Wash., where stored credentials allowed him to access more than 100 servers.\n“I was panicking because I had access to something big,” he wrote. “Their security is awful.”\nHe said it took about a week to burrow into the servers that contained personal data about the carrier’s tens of millions of former and current customers, adding that the hack lifted troves of data around Aug. 4.\nJohn Binns, who attended high school in northern Virginia, moved to Izmir, Turkey, with his Turkish mother when he was 18, a person familiar with the matter said.\nOn Aug. 13, the security research firm Unit221B LLC reported to T-Mobile that an account was attempting to sell T-Mobile customer data, according to the security firm. Two days later, T-Mobile publicly acknowledged it was investigating a potential breach.\nT-Mobile confirmed that more than 50 million customer records have been stolen. The wireless carrier said it had repaired the security hole that enabled the breach. “We are confident that we have closed off the access and egress points the bad actor used in the attack,” it said in a statement. A T-Mobile spokeswoman declined to comment on specific claims by Mr. Binns or by cybersecurity experts.\nFor Mr. Binns, who uses the online names IRDev and v0rtex, among others, the T-Mobile hack represents a major development in a track record that has featured various exploits and—four years ago—peripheral involvement in the creation of a massive network of hacked devices that was used for online attacks.\nMr. Binns showed the Journal that he could access accounts linked to the IRDev online personality, which shared screenshots depicting access into T-Mobile’s network. He declined to be photographed but answered personal questions to confirm his identity as John Binns.\nIn a statement, Unit221B said it believed the individual behind the IRDev alias was responsible for the T-Mobile hack because someone using this handle was reaching out to online criminals trying to sell the T-Mobile data before the hack had been made public.\nIt’s unclear whether Mr. Binns worked alone. At one point in his communications with the Journal, he described a collaborative effort to find the login credentials needed to crack T-Mobile’s internal databases. Another online personality also offered in online forums to sell some of the stolen T-Mobile data.\nMr. Binns said he grew up in northern Virginia with his Turkish mother. His father died in 2002 when Mr. Binns was two years old, according to a newspaper article and a published obituary.\nJohn Binns shared tables of personal information that he said he found in the company’s internal systems.\nHe attended McLean High School in 2015 and 2016, according to the school’s yearbooks. He was estranged from his father’s family and moved with his mother to Izmir, Turkey, shortly after his 18th birthday, according to a person familiar with the matter.\nHe contacted a U.S. relative last year, claiming by telephone that he was a computer expert who had been kidnapped and taken to a hospital against his will, this person said. “He gushed about how he could do anything with a computer,” this person said.\nIn Telegram messages with the Journal, Mr. Binns repeated similar claims. He said he wanted to draw attention to his perceived persecution by U.S. government authorities. He described an alleged incident in which he claims he was abducted in Germany and put into a fake mental hospital.\n“I have no reason to make up a fake kidnapping story and I’m hoping that someone within the FBI leaks information about that,” he wrote, explaining his reason for publicly discussing the hack.\nMr. Binns’s mother didn’t respond to phone calls and messages seeking comment. After the Journal reached out to her for comment, she took down her public Facebook page.\nIn 2020, Mr. Binns sued the Central Intelligence Agency, Federal Bureau of Investigation and other federal agencies to compel them to fulfill a federal records request he made for information about FBI investigations of botnet attacks. He didn’t use an attorney to file the complaint in the case, which is still active in the U.S. District Court for the District of Columbia. The agencies have denied his allegations in past court filings.\nSecurity researchers said several online profiles tied to Mr. Binns were associated with groups of young gamers who have infected swarms of devices around the world. These botnets, as the infected device clusters are called, are often used by other gamers to knock people and websites offline.\nT-Mobile’s most recent breach is the third major customer-data leak that the company has disclosed in the past two years. A T-Mobile retail store in Arlington, Va.\nMike Benjamin, vice president of security for network operator Lumen Technologies Inc., said U.S. prosecutions in past years have limited the threat from these botnets, though network attacks have started growing in recent months. He said many young people, especially in the U.S. and Europe, first learn basic hacking techniques by sharing tricks and tactics with fellow gamers online.\n“Online videogaming drives a natural competitiveness,” Mr. Benjamin said. ”Everybody’s looking for that edge. That can reach into this area of outside of the videogame,” where tactics end up “breaking the internet instead of just inside the rules of the game.”\nMr. Binns told the Journal he first learned to find zero-days—previously undisclosed software flaws—by figuring out cheats for videogames such as “Minecraft,” “Arma” and “DayZ.” He said he found the zero-day that other hackers used to create Satori, a botnet-building virus that infects unprotected home routers, but denied writing any of the Satori code.\n“There are people who are way more skilled than I am,” he wrote.\nThe August hack of T-Mobile stole an array of personal details from more than 54 million customers, according to the company’s latest tally. Some customers had their names, Social Security numbers and birth dates exposed. Another batch of data included IMEI and IMSI numbers tied to users’ phones, which other attackers could use as a starting point to take control of victims’ phone lines.\nT-Mobile last week started notifying affected customers. The company offered two years of identity-protection services and reminded customers to regularly update passwords and PIN codes as a standard precaution.\nThe carrier has suffered other data breaches before. The company notified customers of two separate breaches in 2020 that affected smaller sets of records. The company this year hired McDonald’s Corp. executive Timothy Youngblood to oversee its cybersecurity measures. He succeeded longtime information security chief Bill Boni, who retired in June.\nThe Federal Communications Commission said it has launched a probe into the latest failure.\nPast data-breach penalties have reached into the hundreds of millions of dollars.Equifax Inc. in 2019 reached a settlement with U.S. officials to resolve several investigations and lawsuits for $700 million. The credit-data provider generated $3.5 billion of revenue that year. T-Mobile had $68.4 billion of revenue in 2020.\nA 2020 merger with Sprint Corp. made T-Mobile the U.S.’s second-largest mobile service provider, trailing only Verizon Communications Inc.T-Mobile executives have said they intend to keep growing by luring subscribers away from the competition.\n“The upside for them from here is moving upmarket,” said New Street Research analyst Jonathan Chaplin. “For the high-end customers that might’ve thought about moving over, this might be a signal that ‘Hey, T-Mobile isn’t Verizon yet.’ This is totally unquantifiable, but to the extent that there’s brand damage, that’s where it will be felt.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833198990,"gmtCreate":1629209136410,"gmtModify":1676529966938,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/833198990","repostId":"1115558959","repostType":4,"repost":{"id":"1115558959","pubTimestamp":1629192455,"share":"https://ttm.financial/m/news/1115558959?lang=&edition=fundamental","pubTime":"2021-08-17 17:27","market":"us","language":"en","title":"This Is What Hedge Funds Bought And Sold In Q2: Complete 13F Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=1115558959","media":"zerohedge","summary":"For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barra","content":"<p>For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barrage of 13F filings published today showed, during the second quarter hedge funds loaded up on companies that would benefit from a new wave of the pandemic even before the delta variant began to rapidly spread throughout the U.S.</p>\n<p>As Bloomberg summarizes, Chase Coleman’s Tiger Global Management and&nbsp;Philippe Laffont’s Coatue Management both increased their stakes in food delivery service&nbsp;DoorDash in the second quarter. Coatue also added to its bet on vaccine maker&nbsp;Moderna, while&nbsp;Stephen Mandel’s Lone Pine Capital took a new stake in the biotech company worth more than $900 million. These purchases were a reversal from the first quarter, when many hedge funds cut positions in<i>Work From Home</i>companies like&nbsp;Peloton and&nbsp;Zoom as vaccinations began to ramp up in the U.S. That, in turn, fueled wagers on companies that had been hardest-hit by travel restrictions and remote work.</p>\n<p>Tiger and Coatue also increased their stakes in Zoom in the three months through June, their 13F filings revealed. The two funds, along with D1 Capital Partners, were among those that added to positions in Peloton, while Viking Global Investors made a new bet on the exercise equipment company.</p>\n<p>13F filings also showed that funds including Soros Fund Management and Temasek snapped up shares of fintech companies. Marqeta was a top new buy for Soros, while Temasek disclosed new positions in SoFi Technologies, Flywire and Payoneer Global. Marqeta and SoFi tumbled last week after reporting disappointing second-quarter results. Temasek also snapped up shares in two new BlackRock carbon transition ETFs (LCTU and LCTD), while Soros took a new position in electric-vehicle producer Proterra, as clean energy continues to be a prominent trend among investors.</p>\n<p>Coatue, Viking and&nbsp;Gabe Plotkin’s Melvin Capital Management also added new positions in Beijing-based JD.com Inc. in the quarter, a move that would prove to be rather unfortunate as shares of the giant online vendor have slumped 16% since June 30. Chinese shares have tumbled since June as Beijing banned for-profit tutoring companies and ordered more than two dozen tech firms to carry out internal inspections and address issues such as data security.</p>\n<p>Some, such as Soros were either lucky or good in cutting their exposure to Chinese ADRs in the second quarter, ahead of the furious selloff. Soros Fund Management exited many of its investments in Chinese ADRs including Baidu, Vipshop Holdings, Tencent Music Entertainment Group and IQiyi, positions it snapped up during the collapse of Archegos Capital Management in March and April, as noted previously.</p>\n<p>Other funds also dumped China-based companies with listings in the U.S. D1 Capital sold its 25-million-share stake in New Oriental Education &amp; Technology Group, while Soroban Capital Partners exited its 2.06-million-share stake in Alibaba. Soroban’s largest new positions favored tech, with the top three additions being Facebook, Twitter and Netflix.</p>\n<p>Some other notable 13F findings:</p>\n<ul>\n <li>Michael Burry, of “The Big Short” fame, owned puts on&nbsp;Cathie Wood’s ARK Innovation ETF and increased its Tesla puts (more here).</li>\n <li>Warren Buffett’s Berkshire Hathaway added to just three positions in the quarter and trimmed its holdings in several companies, including a full exit of controversial Alzheimer’s drug developer Biogen. As firstnoted earlier, Berkshire’s only new position in the quarter, 1.55 million shares of Organon was the result of a spinoff of the women’s health pharmaceutical company from Berkshire holding Merck. Its most significant addition was a 21% increase in its position in grocer Kroger. Besides Biogen, exits included Liberty Global’s Class A shares and Axalta Coating Systems, while Berkshire trimmed positions in Marsh &amp; McLennan, Abbvie, General Motors and Bristol-Myers Squibb.</li>\n <li>Seth Klarman’s long-standing investment in&nbsp;Rupert Murdoch’s media empire finally came to an end during the second quarter. Baupost Group sold its entire Fox Corp. stake, including 7.6 million Class A shares and 5.7 million Class B shares with a combined market value of $446 million at the end of March.</li>\n <li>Carl Icahn, who runs a concentrated portfolio with just 17 reportable investments, sold all of his 9.59 million shares of Tenneco in the quarter. He also has a new undisclosed position in an unnamed stock -- an unusual step that requires a separate filing with the Securities and Exchange Commission.</li>\n <li>Dan Loeb's Third Point added SentinelOne Class A to its investments and exited IAA in the second quarter. The fund also added to its holdings in Intel, boosting its stake to 14 million shares from 1 million, while decreasing its stake in Charter Communications Class A. Upstart Holdings was Third Point's biggest holding, representing 9.8% of disclosed assets</li>\n <li>Elliott Investment Management’s largest purchases of the quarter included a 3-million-share buy of Twitter. The increase in shares comes despite Elliott partner Jesse Cohn’s departure from Twitter’s board on June 9. He originally joined the board as part of a partnership Twitter entered with Elliott and Sliver Lake on March 9, 2020.</li>\n <li>Singapore state-owned investment fund Temasek Holdings’s largest new purchase in the quarter was a 4.84-million-share position in Airbnb. Airbnb reported strong second-quarter earnings last week that were offset by tepid guidance, according to analysts. Temasek also disclosed new positions in SoFi Technologies, Flywire and Payoneer Global.</li>\n</ul>\n<p><i>Here are some other moves made by prominent funds tracked by Bloomberg:</i></p>\n<p>APPALOOSA</p>\n<ul>\n <li>Top new buys: UBER, PHM, BODY, TCVA</li>\n <li>Top exits: CRM, ADBE, DIS, PYPL, IQ, DISCA, BIDU, SHOP</li>\n <li>Boosted stakes in: MOS, FCX</li>\n <li>Cut stakes in: PCG, MU, TMUS, AMZN, CHK, BABA, FB, GOOG, HCA, XLE</li>\n</ul>\n<p>BAUPOST GROUP</p>\n<ul>\n <li>Top new buys: SJR, RTPY, 1865300D</li>\n <li>Top exits: FOXA, FOX, PEAK, FNF, RTP, HIPO</li>\n <li>Boosted stakes in: FB, MU, QRVO, TBPH</li>\n <li>Cut stakes in: INTC, WLTW, EBAY, PSTH, SSNC, ADV, AJAX, NXST, DBRG, LBTYK</li>\n</ul>\n<p>BERKSHIRE HATHAWAY</p>\n<ul>\n <li>Top exits: AXTA, BIIB, LBTYA</li>\n <li>Boosted stakes in: KR, RH, AON</li>\n <li>Cut stakes in: GM, BMY, ABBV, LBTYK, CVX, MMC, USB</li>\n</ul>\n<p>CORVEX MANAGEMENT</p>\n<ul>\n <li>Top new buys: CRM, ZNGA, BOAC, ROVR, TWCT, LGV</li>\n <li>Top exits: FISV, EXPE, GLD, FE, GPN, RADI, ORGN, TALK, ELMS, NFLX</li>\n <li>Boosted stakes in: BLMN, AMZN, GOOGL, DIS, MSFT, CCEP, ATUS, EXC, DOMA, FB</li>\n <li>Cut stakes in: ATVI, TMUS, AJAX, CFAC</li>\n</ul>\n<p>D1 CAPITAL PARTNERS</p>\n<ul>\n <li>Top new buys: PCOR, FTCH, PODD, ALKT, CMG, DLO, DECK, STNE, CRWD, FTV</li>\n <li>Top exits: HLT, NFLX, EDU, BAX, NKE, PPD, LVS, FIS, BX, BMBL</li>\n <li>Boosted stakes in: AMZN, EXPE, CVNA, PTON, BBWI, JD, RH, BLL, BKNG, DIS</li>\n <li>Cut stakes in: MSFT, TMUS, FB, COUP, DHR, DDOG</li>\n</ul>\n<p>DUQUESNE FAMILY OFFICE</p>\n<ul>\n <li>Top new buys: NFLX, ABNB, MRNA, SMAR, GM, COUP, MAR, FTCH, CF, RBLX</li>\n <li>Top exits: C, GOLD, MELI, UBER, TSM, LIN, RUN, JPM, AA, ASHR</li>\n <li>Boosted stakes in: GOOGL, AMZN, CVNA, FB, KBR, MA, V, SBUX, EXPE, OPCH</li>\n <li>Cut stakes in: MSFT, SE, ON, BLDR, PLTR, FLEX, TMUS, SNOW, TECK, FCX</li>\n</ul>\n<p>ELLIOTT INVESTMENT MANAGEMENT</p>\n<ul>\n <li>Top new buys: DUK, DBX, HRB</li>\n <li>Top exits: DISCK, CYH, FB</li>\n <li>Boosted stakes in: TWTR, ETWO, PINS</li>\n <li>Cut stakes in: SNAP, HWM</li>\n</ul>\n<p>GLENVIEW CAPITAL MANAGEMENT</p>\n<ul>\n <li>Top new buys: CNC, AMZN, BABA, CCCS, UBER, AMGN, CHNG, OUST, BOWX, LSAQ</li>\n <li>Top exits: NUAN, LH, MSFT, CAR, LYFT, MAR, PPD, NBSE</li>\n <li>Boosted stakes in: GPN, CCEP, APTV, WBA, DD, CTVA, DVA, NSC, HOLX, ESI</li>\n <li>Cut stakes in: CI, TAK, HCA, MCK, DXC, FB, ANTM, BSX, BAX, FISV</li>\n</ul>\n<p>GREENLIGHT CAPITAL</p>\n<ul>\n <li>Top new buys: SPY, PLBY, GPK, NWS, SRNG, EXPE, DMYI, LIVN, UWMC, PANA</li>\n <li>Top exits: ADT, ALIT, TALK, SEAH</li>\n <li>Boosted stakes in: TECK, GPRO, ODP, CC, CPRI, JOBY, SATS, ASTS, FUBO, REZI</li>\n <li>Cut stakes in: DNMR, APG, KPLT, CNX, XOG, CNXC, JACK, SNX, NUVB, CEIX</li>\n</ul>\n<p>ICAHN</p>\n<ul>\n <li>Top exits: HLF, TEN</li>\n <li>Boosted stakes in: IEP, XRX</li>\n <li>Cut stakes in: OXY, DK, WBT</li>\n</ul>\n<p>JANA PARTNERS</p>\n<ul>\n <li>Top new buys: CSOD</li>\n <li>Boosted stakes in: CONE, VG, SPY, EHC</li>\n <li>Cut stakes in: LH, CAG, THS</li>\n</ul>\n<p>LANSDOWNE</p>\n<ul>\n <li>Top new buys: ILMN, WMG, NVT</li>\n <li>Top exits: ED, DAR, AES, REGI, CDE, PAAS, USO</li>\n <li>Boosted stakes in: ETN, FCX, CARR, AER, DAL, IEUR, BLBD, VMC, RBLX, UVXY</li>\n <li>Cut stakes in: AMAT, TSM, LRCX, MU, RYAAY, GE, ENIA, EGO, ADI, BKNG</li>\n</ul>\n<p>MAVERICK CAPITAL</p>\n<ul>\n <li>Top new buys: CNC, JLL, CANO, FTCH, GPN, BHG, CMAX, ADSK, SE, JWSM</li>\n <li>Top exits: FIS, PLD, ELAN, LVS, SPFR, MAC, DASH, TJX, ZBRA, HPQ</li>\n <li>Boosted stakes in: CVNA, ASO, SNOW, V, BABA, EXPE, TMUS, CCK, XP, ATRA</li>\n <li>Cut stakes in: SEER, AMAT, ALNY, LRCX, AON, AMZN, LPLA, SUM, TGTX, GOOG</li>\n</ul>\n<p>MELVIN CAPITAL MANAGEMENT</p>\n<ul>\n <li>Top new buys: JD, DASH, PYPL, DPZ, MSFT, TGT, VMEO, SE, SHOP, DDOG</li>\n <li>Top exits: NFLX, NUAN, PINS, AAP, NKE, MU, SIG, TPX, TPR, WYNN</li>\n <li>Boosted stakes in: AMZN, ATVI, ALGN, LYV, LH, EXPE, SEAS, SNOW, PVH, TXRH</li>\n <li>Cut stakes in: MA, FB, BBWI, GOOGL, SBUX, UBER, FICO, NTES, HLT, NOW</li>\n</ul>\n<p>OMEGA ADVISORS</p>\n<ul>\n <li>Top new buys: LAD, BHC, VOO, PFSI, EFA, IVW, COG, SCHO, IEUR, EWJ</li>\n <li>Top exits: MGY, IFF, CMCSA</li>\n <li>Boosted stakes in: FOA, WSC, VRT, NRG, PXD, ABR, ASH, ASPU, BABA, FLMN</li>\n <li>Cut stakes in: FOE, NAVI, OCN, TRN, BBDC, FCRD, SRGA, FB, SNR</li>\n</ul>\n<p>PERSHING SQUARE</p>\n<ul>\n <li>Boosted stakes in: DPZ</li>\n <li>Cut stakes in: LOW, QSR, HLT, A</li>\n</ul>\n<p>SOROBAN CAPITAL</p>\n<ul>\n <li>Top new buys: FB, TWTR, NFLX, WAB, KAHC, LGV, BKI, PLNT, MSDA, TIOA</li>\n <li>Top exits: BABA, CMCSA, DPZ, RTX, GRA, GWRE, ALIT, SFTW, SPFR</li>\n <li>Boosted stakes in: LOW, CSX, ADI, UNP, FIS, VYGG, BTNB</li>\n <li>Cut stakes in: ATUS, SPGI, PAYO, KVSB, ME, SUNL, BGRY, GNAC, DOMA, NSH</li>\n</ul>\n<p>SOROS FUND MANAGEMENT</p>\n<ul>\n <li>Top new buys: FIGS, INFO, PTRA, MQ, PPD, VER, NUAN, MGLN, INDI, ACN</li>\n <li>Top exits: BIDU, DEN, VIPS, TME, IQ, DISCK, XLE, MU, ASHR, WAL</li>\n <li>Boosted stakes in: AMZN, MXIM, ELAN, GOOGL, CLVT, DIS, OPEN, W, CRM, SYF</li>\n <li>Cut stakes in: LQD, QS, VICI, UPST, TXN, LVS, ADI, NXPI, DHI, LPLA</li>\n</ul>\n<p>STARBOARD</p>\n<ul>\n <li>Top new buys: PZZA, WPCB, LEGA, KAHC, SLAM, FRXB, ATMR, ROSS, MACC, ACAH</li>\n <li>Boosted stakes in: CERN, BOX, IWM, IWR, TWCT, KVSC, DGNU, PRPB, LNFA, ON</li>\n <li>Cut stakes in: CTVA, IWN, ACM, MAAC, SCOR, NLOK, MMSI, ELAN, CVLT</li>\n</ul>\n<p>TEMASEK HOLDINGS</p>\n<ul>\n <li>Top new buys: ABNB, INTA, FLYW, PAYO, KRE, STEM, LCTU, INTC, SOFI, COPX</li>\n <li>Top exits: XLF, ADBE, INDA, EWZ, ACIU, PCVX</li>\n <li>Boosted stakes in: BILL, BEAM, TMO, DELL, EWY, IBN, IAU, CRM, SNOW, AFRM</li>\n <li>Cut stakes in: WISH, IWM, BABA, MSFT, XLB, CTVA, DASH, RBLX</li>\n</ul>\n<p>THIRD POINT</p>\n<ul>\n <li>Top new buys: S, SOFI, EDR, ZBH, PTON, RTPY, JWSM, ASZ, IACC, AUS</li>\n <li>Top exits: IAA, RACE, KMX, Z, SHOP, CVNA, ETRN, NYT, WISH, RKT</li>\n <li>Boosted stakes in: INTC, AMZN, DELL, CANO, EL, UBER, SU, RH, DD, AES</li>\n <li>Cut stakes in: CHTR, PCG, JD, IQV, DIS, RADI, APTV, BOAC, MTTR, TEL</li>\n</ul>\n<p>TIGER GLOBAL</p>\n<ul>\n <li>Top new buys: PCOR, PATH, COIN, DV, BHG, DLO, APP, S, GRUB, KPLT</li>\n <li>Top exits: ASO</li>\n <li>Boosted stakes in: DASH, DOCU, ZM, SHOP, SE, SNOW, CVNA, PTON, YSG, RNG</li>\n <li>Cut stakes in: CRM, TAL, JD, EDU, RBLX, GDS, UBER, DESP, BABA, RDFN</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Is What Hedge Funds Bought And Sold In Q2: Complete 13F Summary</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Is What Hedge Funds Bought And Sold In Q2: Complete 13F Summary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 17:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/what-hedge-funds-bought-and-sold-q2-complete-13f-summary><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barrage of 13F filings published today showed, during the second quarter hedge funds loaded up on ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/what-hedge-funds-bought-and-sold-q2-complete-13f-summary\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/what-hedge-funds-bought-and-sold-q2-complete-13f-summary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115558959","content_text":"For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barrage of 13F filings published today showed, during the second quarter hedge funds loaded up on companies that would benefit from a new wave of the pandemic even before the delta variant began to rapidly spread throughout the U.S.\nAs Bloomberg summarizes, Chase Coleman’s Tiger Global Management and Philippe Laffont’s Coatue Management both increased their stakes in food delivery service DoorDash in the second quarter. Coatue also added to its bet on vaccine maker Moderna, while Stephen Mandel’s Lone Pine Capital took a new stake in the biotech company worth more than $900 million. These purchases were a reversal from the first quarter, when many hedge funds cut positions inWork From Homecompanies like Peloton and Zoom as vaccinations began to ramp up in the U.S. That, in turn, fueled wagers on companies that had been hardest-hit by travel restrictions and remote work.\nTiger and Coatue also increased their stakes in Zoom in the three months through June, their 13F filings revealed. The two funds, along with D1 Capital Partners, were among those that added to positions in Peloton, while Viking Global Investors made a new bet on the exercise equipment company.\n13F filings also showed that funds including Soros Fund Management and Temasek snapped up shares of fintech companies. Marqeta was a top new buy for Soros, while Temasek disclosed new positions in SoFi Technologies, Flywire and Payoneer Global. Marqeta and SoFi tumbled last week after reporting disappointing second-quarter results. Temasek also snapped up shares in two new BlackRock carbon transition ETFs (LCTU and LCTD), while Soros took a new position in electric-vehicle producer Proterra, as clean energy continues to be a prominent trend among investors.\nCoatue, Viking and Gabe Plotkin’s Melvin Capital Management also added new positions in Beijing-based JD.com Inc. in the quarter, a move that would prove to be rather unfortunate as shares of the giant online vendor have slumped 16% since June 30. Chinese shares have tumbled since June as Beijing banned for-profit tutoring companies and ordered more than two dozen tech firms to carry out internal inspections and address issues such as data security.\nSome, such as Soros were either lucky or good in cutting their exposure to Chinese ADRs in the second quarter, ahead of the furious selloff. Soros Fund Management exited many of its investments in Chinese ADRs including Baidu, Vipshop Holdings, Tencent Music Entertainment Group and IQiyi, positions it snapped up during the collapse of Archegos Capital Management in March and April, as noted previously.\nOther funds also dumped China-based companies with listings in the U.S. D1 Capital sold its 25-million-share stake in New Oriental Education & Technology Group, while Soroban Capital Partners exited its 2.06-million-share stake in Alibaba. Soroban’s largest new positions favored tech, with the top three additions being Facebook, Twitter and Netflix.\nSome other notable 13F findings:\n\nMichael Burry, of “The Big Short” fame, owned puts on Cathie Wood’s ARK Innovation ETF and increased its Tesla puts (more here).\nWarren Buffett’s Berkshire Hathaway added to just three positions in the quarter and trimmed its holdings in several companies, including a full exit of controversial Alzheimer’s drug developer Biogen. As firstnoted earlier, Berkshire’s only new position in the quarter, 1.55 million shares of Organon was the result of a spinoff of the women’s health pharmaceutical company from Berkshire holding Merck. Its most significant addition was a 21% increase in its position in grocer Kroger. Besides Biogen, exits included Liberty Global’s Class A shares and Axalta Coating Systems, while Berkshire trimmed positions in Marsh & McLennan, Abbvie, General Motors and Bristol-Myers Squibb.\nSeth Klarman’s long-standing investment in Rupert Murdoch’s media empire finally came to an end during the second quarter. Baupost Group sold its entire Fox Corp. stake, including 7.6 million Class A shares and 5.7 million Class B shares with a combined market value of $446 million at the end of March.\nCarl Icahn, who runs a concentrated portfolio with just 17 reportable investments, sold all of his 9.59 million shares of Tenneco in the quarter. He also has a new undisclosed position in an unnamed stock -- an unusual step that requires a separate filing with the Securities and Exchange Commission.\nDan Loeb's Third Point added SentinelOne Class A to its investments and exited IAA in the second quarter. The fund also added to its holdings in Intel, boosting its stake to 14 million shares from 1 million, while decreasing its stake in Charter Communications Class A. Upstart Holdings was Third Point's biggest holding, representing 9.8% of disclosed assets\nElliott Investment Management’s largest purchases of the quarter included a 3-million-share buy of Twitter. The increase in shares comes despite Elliott partner Jesse Cohn’s departure from Twitter’s board on June 9. He originally joined the board as part of a partnership Twitter entered with Elliott and Sliver Lake on March 9, 2020.\nSingapore state-owned investment fund Temasek Holdings’s largest new purchase in the quarter was a 4.84-million-share position in Airbnb. Airbnb reported strong second-quarter earnings last week that were offset by tepid guidance, according to analysts. Temasek also disclosed new positions in SoFi Technologies, Flywire and Payoneer Global.\n\nHere are some other moves made by prominent funds tracked by Bloomberg:\nAPPALOOSA\n\nTop new buys: UBER, PHM, BODY, TCVA\nTop exits: CRM, ADBE, DIS, PYPL, IQ, DISCA, BIDU, SHOP\nBoosted stakes in: MOS, FCX\nCut stakes in: PCG, MU, TMUS, AMZN, CHK, BABA, FB, GOOG, HCA, XLE\n\nBAUPOST GROUP\n\nTop new buys: SJR, RTPY, 1865300D\nTop exits: FOXA, FOX, PEAK, FNF, RTP, HIPO\nBoosted stakes in: FB, MU, QRVO, TBPH\nCut stakes in: INTC, WLTW, EBAY, PSTH, SSNC, ADV, AJAX, NXST, DBRG, LBTYK\n\nBERKSHIRE HATHAWAY\n\nTop exits: AXTA, BIIB, LBTYA\nBoosted stakes in: KR, RH, AON\nCut stakes in: GM, BMY, ABBV, LBTYK, CVX, MMC, USB\n\nCORVEX MANAGEMENT\n\nTop new buys: CRM, ZNGA, BOAC, ROVR, TWCT, LGV\nTop exits: FISV, EXPE, GLD, FE, GPN, RADI, ORGN, TALK, ELMS, NFLX\nBoosted stakes in: BLMN, AMZN, GOOGL, DIS, MSFT, CCEP, ATUS, EXC, DOMA, FB\nCut stakes in: ATVI, TMUS, AJAX, CFAC\n\nD1 CAPITAL PARTNERS\n\nTop new buys: PCOR, FTCH, PODD, ALKT, CMG, DLO, DECK, STNE, CRWD, FTV\nTop exits: HLT, NFLX, EDU, BAX, NKE, PPD, LVS, FIS, BX, BMBL\nBoosted stakes in: AMZN, EXPE, CVNA, PTON, BBWI, JD, RH, BLL, BKNG, DIS\nCut stakes in: MSFT, TMUS, FB, COUP, DHR, DDOG\n\nDUQUESNE FAMILY OFFICE\n\nTop new buys: NFLX, ABNB, MRNA, SMAR, GM, COUP, MAR, FTCH, CF, RBLX\nTop exits: C, GOLD, MELI, UBER, TSM, LIN, RUN, JPM, AA, ASHR\nBoosted stakes in: GOOGL, AMZN, CVNA, FB, KBR, MA, V, SBUX, EXPE, OPCH\nCut stakes in: MSFT, SE, ON, BLDR, PLTR, FLEX, TMUS, SNOW, TECK, FCX\n\nELLIOTT INVESTMENT MANAGEMENT\n\nTop new buys: DUK, DBX, HRB\nTop exits: DISCK, CYH, FB\nBoosted stakes in: TWTR, ETWO, PINS\nCut stakes in: SNAP, HWM\n\nGLENVIEW CAPITAL MANAGEMENT\n\nTop new buys: CNC, AMZN, BABA, CCCS, UBER, AMGN, CHNG, OUST, BOWX, LSAQ\nTop exits: NUAN, LH, MSFT, CAR, LYFT, MAR, PPD, NBSE\nBoosted stakes in: GPN, CCEP, APTV, WBA, DD, CTVA, DVA, NSC, HOLX, ESI\nCut stakes in: CI, TAK, HCA, MCK, DXC, FB, ANTM, BSX, BAX, FISV\n\nGREENLIGHT CAPITAL\n\nTop new buys: SPY, PLBY, GPK, NWS, SRNG, EXPE, DMYI, LIVN, UWMC, PANA\nTop exits: ADT, ALIT, TALK, SEAH\nBoosted stakes in: TECK, GPRO, ODP, CC, CPRI, JOBY, SATS, ASTS, FUBO, REZI\nCut stakes in: DNMR, APG, KPLT, CNX, XOG, CNXC, JACK, SNX, NUVB, CEIX\n\nICAHN\n\nTop exits: HLF, TEN\nBoosted stakes in: IEP, XRX\nCut stakes in: OXY, DK, WBT\n\nJANA PARTNERS\n\nTop new buys: CSOD\nBoosted stakes in: CONE, VG, SPY, EHC\nCut stakes in: LH, CAG, THS\n\nLANSDOWNE\n\nTop new buys: ILMN, WMG, NVT\nTop exits: ED, DAR, AES, REGI, CDE, PAAS, USO\nBoosted stakes in: ETN, FCX, CARR, AER, DAL, IEUR, BLBD, VMC, RBLX, UVXY\nCut stakes in: AMAT, TSM, LRCX, MU, RYAAY, GE, ENIA, EGO, ADI, BKNG\n\nMAVERICK CAPITAL\n\nTop new buys: CNC, JLL, CANO, FTCH, GPN, BHG, CMAX, ADSK, SE, JWSM\nTop exits: FIS, PLD, ELAN, LVS, SPFR, MAC, DASH, TJX, ZBRA, HPQ\nBoosted stakes in: CVNA, ASO, SNOW, V, BABA, EXPE, TMUS, CCK, XP, ATRA\nCut stakes in: SEER, AMAT, ALNY, LRCX, AON, AMZN, LPLA, SUM, TGTX, GOOG\n\nMELVIN CAPITAL MANAGEMENT\n\nTop new buys: JD, DASH, PYPL, DPZ, MSFT, TGT, VMEO, SE, SHOP, DDOG\nTop exits: NFLX, NUAN, PINS, AAP, NKE, MU, SIG, TPX, TPR, WYNN\nBoosted stakes in: AMZN, ATVI, ALGN, LYV, LH, EXPE, SEAS, SNOW, PVH, TXRH\nCut stakes in: MA, FB, BBWI, GOOGL, SBUX, UBER, FICO, NTES, HLT, NOW\n\nOMEGA ADVISORS\n\nTop new buys: LAD, BHC, VOO, PFSI, EFA, IVW, COG, SCHO, IEUR, EWJ\nTop exits: MGY, IFF, CMCSA\nBoosted stakes in: FOA, WSC, VRT, NRG, PXD, ABR, ASH, ASPU, BABA, FLMN\nCut stakes in: FOE, NAVI, OCN, TRN, BBDC, FCRD, SRGA, FB, SNR\n\nPERSHING SQUARE\n\nBoosted stakes in: DPZ\nCut stakes in: LOW, QSR, HLT, A\n\nSOROBAN CAPITAL\n\nTop new buys: FB, TWTR, NFLX, WAB, KAHC, LGV, BKI, PLNT, MSDA, TIOA\nTop exits: BABA, CMCSA, DPZ, RTX, GRA, GWRE, ALIT, SFTW, SPFR\nBoosted stakes in: LOW, CSX, ADI, UNP, FIS, VYGG, BTNB\nCut stakes in: ATUS, SPGI, PAYO, KVSB, ME, SUNL, BGRY, GNAC, DOMA, NSH\n\nSOROS FUND MANAGEMENT\n\nTop new buys: FIGS, INFO, PTRA, MQ, PPD, VER, NUAN, MGLN, INDI, ACN\nTop exits: BIDU, DEN, VIPS, TME, IQ, DISCK, XLE, MU, ASHR, WAL\nBoosted stakes in: AMZN, MXIM, ELAN, GOOGL, CLVT, DIS, OPEN, W, CRM, SYF\nCut stakes in: LQD, QS, VICI, UPST, TXN, LVS, ADI, NXPI, DHI, LPLA\n\nSTARBOARD\n\nTop new buys: PZZA, WPCB, LEGA, KAHC, SLAM, FRXB, ATMR, ROSS, MACC, ACAH\nBoosted stakes in: CERN, BOX, IWM, IWR, TWCT, KVSC, DGNU, PRPB, LNFA, ON\nCut stakes in: CTVA, IWN, ACM, MAAC, SCOR, NLOK, MMSI, ELAN, CVLT\n\nTEMASEK HOLDINGS\n\nTop new buys: ABNB, INTA, FLYW, PAYO, KRE, STEM, LCTU, INTC, SOFI, COPX\nTop exits: XLF, ADBE, INDA, EWZ, ACIU, PCVX\nBoosted stakes in: BILL, BEAM, TMO, DELL, EWY, IBN, IAU, CRM, SNOW, AFRM\nCut stakes in: WISH, IWM, BABA, MSFT, XLB, CTVA, DASH, RBLX\n\nTHIRD POINT\n\nTop new buys: S, SOFI, EDR, ZBH, PTON, RTPY, JWSM, ASZ, IACC, AUS\nTop exits: IAA, RACE, KMX, Z, SHOP, CVNA, ETRN, NYT, WISH, RKT\nBoosted stakes in: INTC, AMZN, DELL, CANO, EL, UBER, SU, RH, DD, AES\nCut stakes in: CHTR, PCG, JD, IQV, DIS, RADI, APTV, BOAC, MTTR, TEL\n\nTIGER GLOBAL\n\nTop new buys: PCOR, PATH, COIN, DV, BHG, DLO, APP, S, GRUB, KPLT\nTop exits: ASO\nBoosted stakes in: DASH, DOCU, ZM, SHOP, SE, SNOW, CVNA, PTON, YSG, RNG\nCut stakes in: CRM, TAL, JD, EDU, RBLX, GDS, UBER, DESP, BABA, RDFN","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897631191,"gmtCreate":1628910821313,"gmtModify":1676529891815,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing and pls like me&nbsp;","listText":"Thanks for sharing and pls like me&nbsp;","text":"Thanks for sharing and pls like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/897631191","repostId":"2159215280","repostType":4,"repost":{"id":"2159215280","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":1628893972,"share":"https://ttm.financial/m/news/2159215280?lang=&edition=fundamental","pubTime":"2021-08-14 06:32","market":"us","language":"en","title":"Dow, S&P close at records as Disney offsets drop in sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2159215280","media":"Reuters","summary":"NEW YORK, Aug 13  - The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.Walt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.\"That","content":"<p>* Disney boosts Dow, S&amp;P 500</p>\n<p>* S&amp;P 500, Dow close week higher</p>\n<p>* Dow up 0.04%, S&amp;P 500 up 0.16%, Nasdaq up 0.04%</p>\n<p>NEW YORK, Aug 13 (Reuters) - The Dow Industrial and S&amp;P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.</p>\n<p>Walt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&amp;P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.</p>\n<p>But a report from the University of Michigan dented optimism after it showed the university's preliminary consumer sentiment index fell to 70.2, its lowest level in a decade, suggesting that the Delta variant of the coronavirus was impacting consumers.</p>\n<p>\"That is concerning, the consumer is by all accounts in an extremely strong position but there is this kind of COVID fatigue that is really starting to wear on people’s sentiment,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky.</p>\n<p>\"Regardless of lockdown or full reopen, the consumer is healthy enough to spend and kind of keep the economy afloat, it will be different names and different sectors that become the beneficiaries of it.\"</p>\n<p>The report sent the yield on the 10-year U.S. Treasury note&nbsp;lower and in turn helped lift mega-cap growth names, such as Microsoft Corp , up 1.05%, while online retail giant Amazon slipped 0.29%.</p>\n<p>The Dow Jones Industrial Average rose 15.53 points, or 0.04%, to 35,515.38, the S&amp;P 500 gained 7.17 points, or 0.16%, to 4,468 and the Nasdaq Composite added 6.64 points, or 0.04%, to 14,822.90.</p>\n<p>For the week, the Dow gained 0.87%, the S&amp;P 500 advanced 0.71% and the Nasdaq slipped 0.09%.</p>\n<p>U.S. stocks have managed to slowly grind to new highs over the past few sessions as investor confidence in economic recovery was bolstered by a strong earnings season, the passage of a large infrastructure bill and data showing inflation may be increasing at a slower pace than feared.</p>\n<p>In the wake of new data from earlier this week that showed consumer price increases slowed in July, while producer prices posted their biggest annual rise in more than a decade, investors are now looking ahead to the meeting of central bankers in Jackson Hole, Wyoming, later this month for cues on policy.</p>\n<p>In recent days, several Fed officials said it is nearly time for the central bank to begin pulling back on its monetary support, including the tapering of its asset purchases.</p>\n<p>DoorDash Inc rose 3.50% in choppy trading after the food-delivery firm's loss widened more than expected in the second quarter.</p>\n<p>Airbnb Inc gained 1.07% as it recovered from earlier declines, after it flagged a hit to its current-quarter bookings by the Delta variant and a slowing pace of U.S. vaccination.</p>\n<p>Volume on U.S. exchanges was 7.99 billion shares, compared with the 9.42 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 60 new 52-week highs and no new lows; the Nasdaq Composite recorded 87 new highs and 159 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow, S&P close at records as Disney offsets drop in sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow, S&P close at records as Disney offsets drop in sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-14 06:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Disney boosts Dow, S&amp;P 500</p>\n<p>* S&amp;P 500, Dow close week higher</p>\n<p>* Dow up 0.04%, S&amp;P 500 up 0.16%, Nasdaq up 0.04%</p>\n<p>NEW YORK, Aug 13 (Reuters) - The Dow Industrial and S&amp;P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.</p>\n<p>Walt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&amp;P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.</p>\n<p>But a report from the University of Michigan dented optimism after it showed the university's preliminary consumer sentiment index fell to 70.2, its lowest level in a decade, suggesting that the Delta variant of the coronavirus was impacting consumers.</p>\n<p>\"That is concerning, the consumer is by all accounts in an extremely strong position but there is this kind of COVID fatigue that is really starting to wear on people’s sentiment,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky.</p>\n<p>\"Regardless of lockdown or full reopen, the consumer is healthy enough to spend and kind of keep the economy afloat, it will be different names and different sectors that become the beneficiaries of it.\"</p>\n<p>The report sent the yield on the 10-year U.S. Treasury note&nbsp;lower and in turn helped lift mega-cap growth names, such as Microsoft Corp , up 1.05%, while online retail giant Amazon slipped 0.29%.</p>\n<p>The Dow Jones Industrial Average rose 15.53 points, or 0.04%, to 35,515.38, the S&amp;P 500 gained 7.17 points, or 0.16%, to 4,468 and the Nasdaq Composite added 6.64 points, or 0.04%, to 14,822.90.</p>\n<p>For the week, the Dow gained 0.87%, the S&amp;P 500 advanced 0.71% and the Nasdaq slipped 0.09%.</p>\n<p>U.S. stocks have managed to slowly grind to new highs over the past few sessions as investor confidence in economic recovery was bolstered by a strong earnings season, the passage of a large infrastructure bill and data showing inflation may be increasing at a slower pace than feared.</p>\n<p>In the wake of new data from earlier this week that showed consumer price increases slowed in July, while producer prices posted their biggest annual rise in more than a decade, investors are now looking ahead to the meeting of central bankers in Jackson Hole, Wyoming, later this month for cues on policy.</p>\n<p>In recent days, several Fed officials said it is nearly time for the central bank to begin pulling back on its monetary support, including the tapering of its asset purchases.</p>\n<p>DoorDash Inc rose 3.50% in choppy trading after the food-delivery firm's loss widened more than expected in the second quarter.</p>\n<p>Airbnb Inc gained 1.07% as it recovered from earlier declines, after it flagged a hit to its current-quarter bookings by the Delta variant and a slowing pace of U.S. vaccination.</p>\n<p>Volume on U.S. exchanges was 7.99 billion shares, compared with the 9.42 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 60 new 52-week highs and no new lows; the Nasdaq Composite recorded 87 new highs and 159 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","DASH":"DoorDash, Inc.","DIS":"迪士尼","ABNB":"爱彼迎",".SPX":"S&P 500 Index",".DJI":"道琼斯","MSFT":"微软",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159215280","content_text":"* Disney boosts Dow, S&P 500\n* S&P 500, Dow close week higher\n* Dow up 0.04%, S&P 500 up 0.16%, Nasdaq up 0.04%\nNEW YORK, Aug 13 (Reuters) - The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.\nWalt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.\nBut a report from the University of Michigan dented optimism after it showed the university's preliminary consumer sentiment index fell to 70.2, its lowest level in a decade, suggesting that the Delta variant of the coronavirus was impacting consumers.\n\"That is concerning, the consumer is by all accounts in an extremely strong position but there is this kind of COVID fatigue that is really starting to wear on people’s sentiment,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky.\n\"Regardless of lockdown or full reopen, the consumer is healthy enough to spend and kind of keep the economy afloat, it will be different names and different sectors that become the beneficiaries of it.\"\nThe report sent the yield on the 10-year U.S. Treasury note lower and in turn helped lift mega-cap growth names, such as Microsoft Corp , up 1.05%, while online retail giant Amazon slipped 0.29%.\nThe Dow Jones Industrial Average rose 15.53 points, or 0.04%, to 35,515.38, the S&P 500 gained 7.17 points, or 0.16%, to 4,468 and the Nasdaq Composite added 6.64 points, or 0.04%, to 14,822.90.\nFor the week, the Dow gained 0.87%, the S&P 500 advanced 0.71% and the Nasdaq slipped 0.09%.\nU.S. stocks have managed to slowly grind to new highs over the past few sessions as investor confidence in economic recovery was bolstered by a strong earnings season, the passage of a large infrastructure bill and data showing inflation may be increasing at a slower pace than feared.\nIn the wake of new data from earlier this week that showed consumer price increases slowed in July, while producer prices posted their biggest annual rise in more than a decade, investors are now looking ahead to the meeting of central bankers in Jackson Hole, Wyoming, later this month for cues on policy.\nIn recent days, several Fed officials said it is nearly time for the central bank to begin pulling back on its monetary support, including the tapering of its asset purchases.\nDoorDash Inc rose 3.50% in choppy trading after the food-delivery firm's loss widened more than expected in the second quarter.\nAirbnb Inc gained 1.07% as it recovered from earlier declines, after it flagged a hit to its current-quarter bookings by the Delta variant and a slowing pace of U.S. vaccination.\nVolume on U.S. exchanges was 7.99 billion shares, compared with the 9.42 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 60 new 52-week highs and no new lows; the Nasdaq Composite recorded 87 new highs and 159 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808120179,"gmtCreate":1627565860291,"gmtModify":1703492479550,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Ok let see. Pls like thanks&nbsp;","listText":"Ok let see. Pls like thanks&nbsp;","text":"Ok let see. Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/808120179","repostId":"1100467736","repostType":4,"repost":{"id":"1100467736","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":1627565504,"share":"https://ttm.financial/m/news/1100467736?lang=&edition=fundamental","pubTime":"2021-07-29 21:31","market":"us","language":"en","title":"Dow rises more than 200 points despite disappointing economic data","url":"https://stock-news.laohu8.com/highlight/detail?id=1100467736","media":"Tiger Newspress","summary":"U.S. stocks rose on Thursday as investors shrugged off disappointing economic data.\nThe Dow Jones In","content":"<p>U.S. stocks rose on Thursday as investors shrugged off disappointing economic data.</p>\n<p>The Dow Jones Industrial Average gained 220 points. Meanwhile, the S&amp;P 500 rose 0.3% and the tech-heavy Nasdaq Composite traded flat amid a drop in Facebook and PayPal shares.</p>\n<p><img src=\"https://static.tigerbbs.com/38c582778b0cea3304b125b4496ee9b0\" tg-width=\"1052\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>\n<p>The U.S. second-quarter gross domestic product accelerated 6.5%&nbsp;on an annualized basis, considerably less than the 8.4% Dow Jones estimate.</p>\n<p>Meanwhile, a separate data point showed that 400,000 people filed initial claims for unemployment benefits for the week ended July 24. That level is nearly double the pre-pandemic norm and above a Dow Jones estimate of 385,000.</p>\n<p>Many investors were relieve that the Federal Reserve signaled no imminent plans for dialing back asset purchases. Fed Chairman Jerome Powell cautioned that although the economy is making progress toward its goals, it has&nbsp;a ways to go&nbsp;before the central bank would actually adjust its easy policies.</p>\n<p>\"We have some ground to cover on the labor market side,\" Powell said. \"I think we're some way away from having had substantial further progress toward the maximum employment goal. I would want to see some strong job numbers.\"</p>\n<p>PayPal&nbsp;and&nbsp;Facebook&nbsp;fell 6% and 3%, respectively, after warning of significant growth slowdown as they reported quarterly earnings.</p>\n<p>Meanwhile, shares of&nbsp;Ford&nbsp;jumped nearly 7% after it raised its 2021 outlook, saying it's&nbsp;selling more cars that are more expensive, though it missed analysts' estimates on earnings.</p>\n<p>Amazon,Pinterest&nbsp;and&nbsp;Anheuser-Buschare set to report earnings Thursday.</p>\n<p>“The market is understanding we are having a blowout quarter here compared to a year ago,” said Michael Reynolds, vice president of investment strategy at Glenmede. “What’s much more important this season is the guidance we’re getting on quarters ahead, as the economy settles out into what might be the new normal.”</p>\n<p>The major averages are on track to end the month higher, with the S&amp;P up 2.4% for July. The Nasdaq Composite and Dow are up 1.8% and 1.2%, respectively.</p>\n<p>Meanwhile, the Senate voted Wednesday to advance a bipartisan infrastructure plan, which&nbsp;would put $550 billion into transportation, broadband and utilities.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow rises more than 200 points despite disappointing economic data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow rises more than 200 points despite disappointing economic data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-29 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks rose on Thursday as investors shrugged off disappointing economic data.</p>\n<p>The Dow Jones Industrial Average gained 220 points. Meanwhile, the S&amp;P 500 rose 0.3% and the tech-heavy Nasdaq Composite traded flat amid a drop in Facebook and PayPal shares.</p>\n<p><img src=\"https://static.tigerbbs.com/38c582778b0cea3304b125b4496ee9b0\" tg-width=\"1052\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>\n<p>The U.S. second-quarter gross domestic product accelerated 6.5%&nbsp;on an annualized basis, considerably less than the 8.4% Dow Jones estimate.</p>\n<p>Meanwhile, a separate data point showed that 400,000 people filed initial claims for unemployment benefits for the week ended July 24. That level is nearly double the pre-pandemic norm and above a Dow Jones estimate of 385,000.</p>\n<p>Many investors were relieve that the Federal Reserve signaled no imminent plans for dialing back asset purchases. Fed Chairman Jerome Powell cautioned that although the economy is making progress toward its goals, it has&nbsp;a ways to go&nbsp;before the central bank would actually adjust its easy policies.</p>\n<p>\"We have some ground to cover on the labor market side,\" Powell said. \"I think we're some way away from having had substantial further progress toward the maximum employment goal. I would want to see some strong job numbers.\"</p>\n<p>PayPal&nbsp;and&nbsp;Facebook&nbsp;fell 6% and 3%, respectively, after warning of significant growth slowdown as they reported quarterly earnings.</p>\n<p>Meanwhile, shares of&nbsp;Ford&nbsp;jumped nearly 7% after it raised its 2021 outlook, saying it's&nbsp;selling more cars that are more expensive, though it missed analysts' estimates on earnings.</p>\n<p>Amazon,Pinterest&nbsp;and&nbsp;Anheuser-Buschare set to report earnings Thursday.</p>\n<p>“The market is understanding we are having a blowout quarter here compared to a year ago,” said Michael Reynolds, vice president of investment strategy at Glenmede. “What’s much more important this season is the guidance we’re getting on quarters ahead, as the economy settles out into what might be the new normal.”</p>\n<p>The major averages are on track to end the month higher, with the S&amp;P up 2.4% for July. The Nasdaq Composite and Dow are up 1.8% and 1.2%, respectively.</p>\n<p>Meanwhile, the Senate voted Wednesday to advance a bipartisan infrastructure plan, which&nbsp;would put $550 billion into transportation, broadband and utilities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","PYPL":"PayPal","F":"福特汽车",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100467736","content_text":"U.S. stocks rose on Thursday as investors shrugged off disappointing economic data.\nThe Dow Jones Industrial Average gained 220 points. Meanwhile, the S&P 500 rose 0.3% and the tech-heavy Nasdaq Composite traded flat amid a drop in Facebook and PayPal shares.\n\nThe U.S. second-quarter gross domestic product accelerated 6.5% on an annualized basis, considerably less than the 8.4% Dow Jones estimate.\nMeanwhile, a separate data point showed that 400,000 people filed initial claims for unemployment benefits for the week ended July 24. That level is nearly double the pre-pandemic norm and above a Dow Jones estimate of 385,000.\nMany investors were relieve that the Federal Reserve signaled no imminent plans for dialing back asset purchases. Fed Chairman Jerome Powell cautioned that although the economy is making progress toward its goals, it has a ways to go before the central bank would actually adjust its easy policies.\n\"We have some ground to cover on the labor market side,\" Powell said. \"I think we're some way away from having had substantial further progress toward the maximum employment goal. I would want to see some strong job numbers.\"\nPayPal and Facebook fell 6% and 3%, respectively, after warning of significant growth slowdown as they reported quarterly earnings.\nMeanwhile, shares of Ford jumped nearly 7% after it raised its 2021 outlook, saying it's selling more cars that are more expensive, though it missed analysts' estimates on earnings.\nAmazon,Pinterest and Anheuser-Buschare set to report earnings Thursday.\n“The market is understanding we are having a blowout quarter here compared to a year ago,” said Michael Reynolds, vice president of investment strategy at Glenmede. “What’s much more important this season is the guidance we’re getting on quarters ahead, as the economy settles out into what might be the new normal.”\nThe major averages are on track to end the month higher, with the S&P up 2.4% for July. The Nasdaq Composite and Dow are up 1.8% and 1.2%, respectively.\nMeanwhile, the Senate voted Wednesday to advance a bipartisan infrastructure plan, which would put $550 billion into transportation, broadband and utilities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177132323,"gmtCreate":1627185706062,"gmtModify":1703485273801,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Thanks. Pls like me too","listText":"Thanks. Pls like me too","text":"Thanks. Pls like me too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/177132323","repostId":"1112927800","repostType":4,"repost":{"id":"1112927800","pubTimestamp":1627089375,"share":"https://ttm.financial/m/news/1112927800?lang=&edition=fundamental","pubTime":"2021-07-24 09:16","market":"us","language":"en","title":"Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1112927800","media":"seekingalpha","summary":"Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p","content":"<p><b>Summary</b></p>\n<ul>\n <li>Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.</li>\n <li>NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.</li>\n <li>NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f749c70c8a2af3e18d5f6cecc72bfbb\" tg-width=\"1536\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><span>ipopba/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>NIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.</p>\n<p><b>NIO And TSLA Stock Prices</b></p>\n<p>Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ff5ce865807df85283775d2293b41af\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Taking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.</p>\n<p><b>Is NIO Similar To Tesla?</b></p>\n<p>The answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:</p>\n<p><b>Business Model</b></p>\n<p>Both companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.</p>\n<p>Both companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.</p>\n<p><b>Size, growth, and valuation</b></p>\n<p>The two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.</p>\n<p>Tesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a986ea65130206f99961a46ce6cfed55\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Tesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.</p>\n<p>The same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).</p>\n<p>Looking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.</p>\n<p><b>Can NIO Be Worth As Much As Tesla?</b></p>\n<p>The answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly&nbsp;overpriced&nbsp;today, I personally believe that as well (Note that some will argue that shares are&nbsp;underpriced, which is also among the possibilities, although I do not hold that belief personally).</p>\n<p>When we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.</p>\n<p>It should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.</p>\n<p><b>Is NIO A Good Stock To Buy Or Sell Now?</b></p>\n<p>When considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.</p>\n<p>One could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks</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\">\nWill NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112927800","content_text":"Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.\nNIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.\n\nipopba/iStock via Getty Images\nArticle Thesis\nNIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.\nNIO And TSLA Stock Prices\nBoth companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.\nData by YCharts\nTaking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.\nIs NIO Similar To Tesla?\nThe answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:\nBusiness Model\nBoth companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.\nBoth companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.\nSize, growth, and valuation\nThe two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.\nTesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:\nData by YCharts\nTesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.\nThe same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).\nLooking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.\nCan NIO Be Worth As Much As Tesla?\nThe answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).\nWhen we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.\nIt should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.\nIs NIO A Good Stock To Buy Or Sell Now?\nWhen considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.\nOne could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814657174,"gmtCreate":1630815825498,"gmtModify":1676530400391,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814657174","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beat the market with this quant system that’s very bullish on stocks at record highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?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":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834506460,"gmtCreate":1629811832050,"gmtModify":1676530138658,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"I think Nio will be more potential&nbsp;","listText":"I think Nio will be more potential&nbsp;","text":"I think Nio will be more potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/834506460","repostId":"1175602248","repostType":4,"repost":{"id":"1175602248","pubTimestamp":1629811244,"share":"https://ttm.financial/m/news/1175602248?lang=&edition=fundamental","pubTime":"2021-08-24 21:20","market":"us","language":"en","title":"Li Auto's DCF: I See Significant Upside Potential In The Share Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1175602248","media":"seekingalpha","summary":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.</li>\n <li>Li Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.</li>\n <li>Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.</li>\n <li>From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.</li>\n <li>I assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b543e2d05866d87ad41b25673fb9977\" tg-width=\"1536\" tg-height=\"1152\" referrerpolicy=\"no-referrer\"><span>Bet_Noire/iStock via Getty Images</span></p>\n<p>Li Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).</p>\n<p><b>I Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China</b></p>\n<p>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.</p>\n<p>In my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:</p>\n<blockquote>\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n</blockquote>\n<p>Now, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.</p>\n<p>There is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&amp;D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68701f876a7ed928d9dc1bb463231b07\" tg-width=\"1158\" tg-height=\"582\" referrerpolicy=\"no-referrer\"><span>Source:Prospectus</span></p>\n<p><b>Li Auto</b></p>\n<p>The company has tons of cash to enhance R&amp;D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b16280eaa991cb0f1f401099cb1f9e58\" tg-width=\"992\" tg-height=\"773\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p>Investors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9aeeda5dee33eb1e2995f52c728d7b57\" tg-width=\"949\" tg-height=\"556\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p><b>Base Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%</b></p>\n<p>If Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39373a60488bb878fd8a4a844c604f62\" tg-width=\"807\" tg-height=\"583\" referrerpolicy=\"no-referrer\"><span>Source:YCharts</span></p>\n<p>FCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/704605e3bf7918ec5c3e5517eb9528cf\" tg-width=\"1280\" tg-height=\"167\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Most investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3719e047b53e2c81b259e4c1ea47f34\" tg-width=\"500\" tg-height=\"367\" referrerpolicy=\"no-referrer\"><span>Source:LI WACC % | Li Auto - GuruFocus.com</span></p>\n<p>With&nbsp;Li Auto's WACC&nbsp;standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529c239c89a750c4554ab0f4c8d17007\" tg-width=\"1280\" tg-height=\"318\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Note that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f7df4ec5cc1d2c8705c24aa7783ea40\" tg-width=\"897\" tg-height=\"139\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Detrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%</b></p>\n<p>China does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:</p>\n<blockquote>\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n</blockquote>\n<p>With the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98ebf9fb5b8264a162e2a583b764f936\" tg-width=\"1280\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>In this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/832f134db974f8cabbc503a2d27be9a6\" tg-width=\"1280\" tg-height=\"317\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>My target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3aeeb1224ff63850a76d67172e052cb\" tg-width=\"367\" tg-height=\"273\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Risks</b></p>\n<p>LI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.</p>\n<p>Li Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.</p>\n<p>Li Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.</p>\n<p><b>Conclusion</b></p>\n<p>If Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto's DCF: I See Significant Upside Potential In The Share Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto's DCF: I See Significant Upside Potential In The Share Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 21:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will ...</p>\n\n<a href=\"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车"},"source_url":"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175602248","content_text":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.\nLi commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.\nFrom 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.\nI assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.\n\nBet_Noire/iStock via Getty Images\nLi Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).\nI Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.\nIn my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:\n\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n\nNow, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.\nThere is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:\nSource:Prospectus\nLi Auto\nThe company has tons of cash to enhance R&D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:\nSource: Prospectus\nInvestors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:\nSource: Prospectus\nBase Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%\nIf Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:\nSource:YCharts\nFCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:\nSource: Author\nMost investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.\nSource:LI WACC % | Li Auto - GuruFocus.com\nWith Li Auto's WACC standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:\nSource: Author\nNote that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:\nSource:Market Screener\nDetrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%\nChina does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:\n\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n\nWith the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:\nSource: Author\nIn this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:\nSource: Author\nMy target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:\nSource:Market Screener\nRisks\nLI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.\nLi Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.\nLi Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.\nConclusion\nIf Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891210531,"gmtCreate":1628390981623,"gmtModify":1703505722043,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Thanks for sharing and pls like&nbsp;","listText":"Thanks for sharing and pls like&nbsp;","text":"Thanks for sharing and pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/891210531","repostId":"1190347839","repostType":4,"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175033685,"gmtCreate":1626997999747,"gmtModify":1703482004856,"author":{"id":"3573712211428139","authorId":"3573712211428139","name":"Chunfai92","avatar":"https://static.tigerbbs.com/6235fe50749f61f8b58ef9c95dc2bddb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573712211428139","idStr":"3573712211428139"},"themes":[],"htmlText":"Wahh. That’s many [Miser]&nbsp;[Miser]&nbsp;","listText":"Wahh. That’s many [Miser]&nbsp;[Miser]&nbsp;","text":"Wahh. That’s many [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175033685","repostId":"2153760350","repostType":4,"repost":{"id":"2153760350","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":1626997860,"share":"https://ttm.financial/m/news/2153760350?lang=&edition=fundamental","pubTime":"2021-07-23 07:51","market":"us","language":"en","title":"JPMorgan to hire more than 500 wealth management advisers","url":"https://stock-news.laohu8.com/highlight/detail?id=2153760350","media":"Reuters","summary":"NEW YORK, July 22  - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to g","content":"<p>NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.</p>\n<p>That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.</p>\n<p>\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"</p>\n<p>J.P. Morgan Advisors would still be a small firm. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.</p>\n<p>Dimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.</p>\n<p>J.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.</p>\n<p>As of June 30, the wealth management division had $673 billion in client assets under supervision.</p>\n<p>As part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors &amp; Chase Wealth Management.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan to hire more than 500 wealth management advisers</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\">\nJPMorgan to hire more than 500 wealth management advisers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-23 07:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.</p>\n<p>That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.</p>\n<p>\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"</p>\n<p>J.P. Morgan Advisors would still be a small firm. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.</p>\n<p>Dimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.</p>\n<p>J.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.</p>\n<p>As of June 30, the wealth management division had $673 billion in client assets under supervision.</p>\n<p>As part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors &amp; Chase Wealth Management.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153760350","content_text":"NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.\nThat plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.\n\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"\nJ.P. Morgan Advisors would still be a small firm. Morgan Stanley Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.\nDimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.\nJ.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.\nAs of June 30, the wealth management division had $673 billion in client assets under supervision.\nAs part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors & Chase Wealth Management.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}