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heartspanda
2021-04-19
Test
Stocks To Watch: Apple Event, Disney Callout And Earnings Blitz
heartspanda
2021-04-09
Hi
3 FAANG Stock Laggards Look For A Return To Highs
heartspanda
2021-03-23
Ok
CrowdStrike: Cloud Security Of Choice With Widening Moat, Expanding TAM, Phenomenal FY2021 Results
heartspanda
2021-03-22
Hello
Sorry, the original content has been removed
heartspanda
2021-03-20
Comments pls!
Powell says Fed will keep supporting economy ‘for as long as it takes’
heartspanda
2021-03-17
Like my comment plssss
China's Pinduoduo quarterly revenue more than doubles
heartspanda
2021-03-16
Comment
What Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans
heartspanda
2021-03-12
Ok
Baidu seeks up to $4.8 billion in Hong Kong second listing
heartspanda
2021-03-11
Ok
Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show
heartspanda
2021-03-10
Pls like my comment n comment here pls!
Why AMC Entertainment Stock Popped (Again) Before Earnings
heartspanda
2021-03-10
Ok
American Air Borrowing $10 Billion in Record Airline Debt Sale
heartspanda
2021-03-09
Ok
China State Funds Buy Stocks to Stem Worsening Rout
heartspanda
2021-03-08
Zzz
Why China can't end its romance with GDP growth target
heartspanda
2021-03-05
Adding oil to the flames only... and then picking up the shares....
Sorry, the original content has been removed
heartspanda
2021-03-03
Sup
3 Value Stocks That'll Make You Richer in March (and Beyond)
heartspanda
2021-02-28
Woo
GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks
heartspanda
2021-02-25
..
U.S. Stocks Could See $170 Billion Stimulus Boost, Deutsche Says
heartspanda
2021-02-24
Bloodbath
The S&P 500 Has More Room to Rise: Credit Suisse
heartspanda
2021-02-23
Wow
GameStop Craze Puts Holders of Retail ETF on Wild Ride
heartspanda
2021-02-22
@TheNoobish
reply my comment you idiot
Ant Faces Another Setback in Curbs on Joint Lending With Banks
Go to Tiger App to see more news
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Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays onSeeking Alpha,Apple Podcasts,StitcherandSpotify.Economic reports due out this week include the latest updates on existing home sales, new home sales, jobless claims and PMI. Big earnings reports blast in every day this week across ","content":"<p>Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the this week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays onSeeking Alpha,Apple Podcasts,StitcherandSpotify(click the highlighted links).</p><p>Economic reports due out this week include the latest updates on existing home sales, new home sales, jobless claims and PMI. Big earnings reports blast in every day this week across sectors. Of note, the follow-up conference calls from Coca-Cola(NYSE:KO), Netflix(NASDAQ:NFLX)and Intel(NASDAQ:INTC)could be on the interesting side. On the vaccine front, the Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices is expected to meet late this week to consider recommendations for Johnson & Johnson's(NYSE:JNJ)shot, which has been linked to rare blood clots in the brain.</p><p><b>Earnings spotlight:</b> Earnings season heats up in a big way with reports due in from Coca-Cola (KO), IBM(NYSE:IBM)and United Airlines(NASDAQ:UAL)on April 19; Johnson & Johnson (JNJ), Procter & Gamble(NYSE:PG), Philip Morris International(NYSE:PM), Abbott Labs(NYSE:ABT)and Netflix (NFLX) on April 20; Anthem(NYSE:ANTM), Verizon(NYSE:VZ), Chipotle(NYSE:CMG)and Lam Research(NASDAQ:LRCX)on April 21; AT&T(NYSE:T), Dow(NYSE:DOW), Intel (INTC), Seagate Tech(NASDAQ:STX)and Mattel(NASDAQ:MAT)on April 22; as well as American Express(NYSE:AXP)and Honeywell(NYSE:HON)on April 23.</p><p><img src=\"https://static.tigerbbs.com/522c9bdad799a71c4e6bad965f9f00f3\" tg-width=\"1530\" tg-height=\"650\" referrerpolicy=\"no-referrer\"></p><p><b>IPO watch:</b> IPOs expected to start trading during the week include UiPAth (PATH), DoubleVerify (DV) and NeuroPace (NPCE) on April 20, as well as Zymergern (ZY) and KnowBe4 (KNBE) on April 22. IPO lockup periods expire on Datto Holding(NYSE:MSP), Topaz Energy(NYSE:TPZ), McAfee(NASDAQ:MCFE), Guild Holdings(NYSE:GHLD), Foghorn Therapeutics(NASDAQ:FHTX)and ComSovereign Holding(NASDAQ:COMS). The analyst quiet period expires on ThredUp(NASDAQ:TDUP)on April 20 to free up analysts to post ratings. Shares of Trip.com(NASDAQ:TRIP)will begin trading in Hong Kong this week following a new listing.</p><p><b>Apple event:</b> Apple(NASDAQ:AAPL)holds an event on April 20 called \"Spring Loaded\" to show off new products. Information out of Cupertino has been pretty tight, but the company could reveal new iPads, new iMacs, new AirPods, AirTags, a new Apple TV and possibly a new Apple Pencil.</p><p><b>Projected dividend increases (quarterly):</b> Expected dividend boosts for the week include Comfort Systems USA(NYSE:FIX)to $0.125 from $0.1115, HP Enterprise(NYSE:HPE)to $0.1275 from $0.12, Pool Corp(NASDAQ:POOL)to $0.61 from $0.58, Johnson & Johnson to $1.06 from $1.01, Travelers(NYSE:TRV)to $0.88 from $0.85, Southern Company(NYSE:SO)to $0.66 from $0.64, Kinder Morgan(NYSE:KMI)to $0.27 from $0.2625 and Nasdaq(NASDAQ:NDAQ)to $0.50 from $0.49.</p><p><b>M&A tidbits:</b> The highly-anticipated Aphria(NASDAQ:APHA)-Tilray(NASDAQ:TLRY)merger is expected to close on April 20. The tender offer on the GenMark Diagnostics(NASDAQ:GNMK)-Roche(OTCQX:RHHBY)deal expires on April 21. GW Pharmaceuticals(NASDAQ:GWPH)shareholders vote on the Jazz Pharmaceuticals(NASDAQ:JAZZ)deal on April 23.</p><p><b>ARK Invest watch:</b> Investors may want to keep an eye on Coinbase Global(NASDAQ:COIN)after ARK Invest came in Friday with a purchase of 19,599 shares for the ARK Fintech Innovation ETF(NYSEARCA:ARKF)and 112,539 shares for the ARK Innovation ETF(NYSEARCA:ARKK). Cathie Wood's firm also defended Silvergate(NYSE:SI)after its mid-week stumble likely in response to the Coinbase IPO. \"Investors potentially took profits to diversify their exposure to crypto in the public markets. \"In our view, the Silvergate Exchange Network, with its strong network effects, positions Silvergate as both a facilitator and a prime beneficiary of increased crypto adoption,\" ARK reasons.</p><p><b>Corporate spotlight:</b> Major events this week include strategic updates from Advance Auto Parts(NYSE:AAP)and Royal Gold(NYSE:GOLD)on April 20, as well as investor days for Dye & Durham(OTC:DYNDF)and SMART Global(NASDAQ:SGH). On April 21, MGM Resorts(NYSE:MGM)and Entain(OTCPK:GMVHF)along with their U.S. venture BetMGM will host a business update event for analysts and investors. The event will provide deeper insights into the rapidly growing U.S. sports betting and iGaming business of BetMGM. A new forecast on the industry's total addressable market could be a share price catalyst for DraftKings(NASDAQ:DKNG)and Penn National Gaming(NASDAQ:PENN)as well. Check outSeeking Alpha's Catalyst Watch for a detailed list of more events to watch.</p><p><b>Conferences rundown:</b> Notable conferences running during the week include the H.C Wainwright Spring Mining Conference, Linley Spring Processor Conference 2021, the Kempen Life Sciences Conference, the Jefferies Microbiome-based Therapeutics Summit 2021 and the Stifel GMP & Stifel First Energy Canada Cross Sector Insight Conference 2021. Check outSeeking Alpha's Catalyst Watch for a detailed list of events to watch.</p><p><b>Barron's mentions:</b> Disney(NYSE:DIS)makes the cover of Barron's this week as the media giant is given credit for positioning itself for post-COVID growth. Disney is said to have come out ahead after CEO Bob Chapek and team faced the severest of financial stress tests. \"When parks and theaters emptied out a year ago, costs kept rolling in, and the fastest-growing part of the business, streaming, was consuming cash—as it still is. Yet, Disney generated $3.6 billion in free cash during its fiscal year ended last September. It’s seen producing $3.3 billion this year before the numbers begin a sharp rebound,\" notes Jack Hough. While the movie business is still sputtering to restart and the TV business is seen holding steady at best, streaming results have shattered forecasts. Disney+ smashed expectations in piling up 100M in less than 18 months, compared to the 10 years it took Netflix to hit that level. Disney is targeting 300M to 350M subscribers by 2024 across all of its streaming platforms, including Hulu, ESPN+, Hotstar in India, and Star+ in Latin America (launches in June). PetIQ(NASDAQ:PETQ)and O'Reilly Automotive(NASDAQ:ORLY)also land favorable write-ups this 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>Stocks To Watch: Apple Event, Disney Callout And Earnings Blitz</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\">\nStocks To Watch: Apple Event, Disney Callout And Earnings Blitz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 00:17 GMT+8 <a href=https://seekingalpha.com/article/4419571-stocks-to-watch-apple-event-disney-callout-and-earnings-blitz><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the this week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday ...</p>\n\n<a href=\"https://seekingalpha.com/article/4419571-stocks-to-watch-apple-event-disney-callout-and-earnings-blitz\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4419571-stocks-to-watch-apple-event-disney-callout-and-earnings-blitz","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162662309","content_text":"Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the this week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays onSeeking Alpha,Apple Podcasts,StitcherandSpotify(click the highlighted links).Economic reports due out this week include the latest updates on existing home sales, new home sales, jobless claims and PMI. Big earnings reports blast in every day this week across sectors. Of note, the follow-up conference calls from Coca-Cola(NYSE:KO), Netflix(NASDAQ:NFLX)and Intel(NASDAQ:INTC)could be on the interesting side. On the vaccine front, the Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices is expected to meet late this week to consider recommendations for Johnson & Johnson's(NYSE:JNJ)shot, which has been linked to rare blood clots in the brain.Earnings spotlight: Earnings season heats up in a big way with reports due in from Coca-Cola (KO), IBM(NYSE:IBM)and United Airlines(NASDAQ:UAL)on April 19; Johnson & Johnson (JNJ), Procter & Gamble(NYSE:PG), Philip Morris International(NYSE:PM), Abbott Labs(NYSE:ABT)and Netflix (NFLX) on April 20; Anthem(NYSE:ANTM), Verizon(NYSE:VZ), Chipotle(NYSE:CMG)and Lam Research(NASDAQ:LRCX)on April 21; AT&T(NYSE:T), Dow(NYSE:DOW), Intel (INTC), Seagate Tech(NASDAQ:STX)and Mattel(NASDAQ:MAT)on April 22; as well as American Express(NYSE:AXP)and Honeywell(NYSE:HON)on April 23.IPO watch: IPOs expected to start trading during the week include UiPAth (PATH), DoubleVerify (DV) and NeuroPace (NPCE) on April 20, as well as Zymergern (ZY) and KnowBe4 (KNBE) on April 22. IPO lockup periods expire on Datto Holding(NYSE:MSP), Topaz Energy(NYSE:TPZ), McAfee(NASDAQ:MCFE), Guild Holdings(NYSE:GHLD), Foghorn Therapeutics(NASDAQ:FHTX)and ComSovereign Holding(NASDAQ:COMS). The analyst quiet period expires on ThredUp(NASDAQ:TDUP)on April 20 to free up analysts to post ratings. Shares of Trip.com(NASDAQ:TRIP)will begin trading in Hong Kong this week following a new listing.Apple event: Apple(NASDAQ:AAPL)holds an event on April 20 called \"Spring Loaded\" to show off new products. Information out of Cupertino has been pretty tight, but the company could reveal new iPads, new iMacs, new AirPods, AirTags, a new Apple TV and possibly a new Apple Pencil.Projected dividend increases (quarterly): Expected dividend boosts for the week include Comfort Systems USA(NYSE:FIX)to $0.125 from $0.1115, HP Enterprise(NYSE:HPE)to $0.1275 from $0.12, Pool Corp(NASDAQ:POOL)to $0.61 from $0.58, Johnson & Johnson to $1.06 from $1.01, Travelers(NYSE:TRV)to $0.88 from $0.85, Southern Company(NYSE:SO)to $0.66 from $0.64, Kinder Morgan(NYSE:KMI)to $0.27 from $0.2625 and Nasdaq(NASDAQ:NDAQ)to $0.50 from $0.49.M&A tidbits: The highly-anticipated Aphria(NASDAQ:APHA)-Tilray(NASDAQ:TLRY)merger is expected to close on April 20. The tender offer on the GenMark Diagnostics(NASDAQ:GNMK)-Roche(OTCQX:RHHBY)deal expires on April 21. GW Pharmaceuticals(NASDAQ:GWPH)shareholders vote on the Jazz Pharmaceuticals(NASDAQ:JAZZ)deal on April 23.ARK Invest watch: Investors may want to keep an eye on Coinbase Global(NASDAQ:COIN)after ARK Invest came in Friday with a purchase of 19,599 shares for the ARK Fintech Innovation ETF(NYSEARCA:ARKF)and 112,539 shares for the ARK Innovation ETF(NYSEARCA:ARKK). Cathie Wood's firm also defended Silvergate(NYSE:SI)after its mid-week stumble likely in response to the Coinbase IPO. \"Investors potentially took profits to diversify their exposure to crypto in the public markets. \"In our view, the Silvergate Exchange Network, with its strong network effects, positions Silvergate as both a facilitator and a prime beneficiary of increased crypto adoption,\" ARK reasons.Corporate spotlight: Major events this week include strategic updates from Advance Auto Parts(NYSE:AAP)and Royal Gold(NYSE:GOLD)on April 20, as well as investor days for Dye & Durham(OTC:DYNDF)and SMART Global(NASDAQ:SGH). On April 21, MGM Resorts(NYSE:MGM)and Entain(OTCPK:GMVHF)along with their U.S. venture BetMGM will host a business update event for analysts and investors. The event will provide deeper insights into the rapidly growing U.S. sports betting and iGaming business of BetMGM. A new forecast on the industry's total addressable market could be a share price catalyst for DraftKings(NASDAQ:DKNG)and Penn National Gaming(NASDAQ:PENN)as well. Check outSeeking Alpha's Catalyst Watch for a detailed list of more events to watch.Conferences rundown: Notable conferences running during the week include the H.C Wainwright Spring Mining Conference, Linley Spring Processor Conference 2021, the Kempen Life Sciences Conference, the Jefferies Microbiome-based Therapeutics Summit 2021 and the Stifel GMP & Stifel First Energy Canada Cross Sector Insight Conference 2021. Check outSeeking Alpha's Catalyst Watch for a detailed list of events to watch.Barron's mentions: Disney(NYSE:DIS)makes the cover of Barron's this week as the media giant is given credit for positioning itself for post-COVID growth. Disney is said to have come out ahead after CEO Bob Chapek and team faced the severest of financial stress tests. \"When parks and theaters emptied out a year ago, costs kept rolling in, and the fastest-growing part of the business, streaming, was consuming cash—as it still is. Yet, Disney generated $3.6 billion in free cash during its fiscal year ended last September. It’s seen producing $3.3 billion this year before the numbers begin a sharp rebound,\" notes Jack Hough. While the movie business is still sputtering to restart and the TV business is seen holding steady at best, streaming results have shattered forecasts. Disney+ smashed expectations in piling up 100M in less than 18 months, compared to the 10 years it took Netflix to hit that level. Disney is targeting 300M to 350M subscribers by 2024 across all of its streaming platforms, including Hulu, ESPN+, Hotstar in India, and Star+ in Latin America (launches in June). PetIQ(NASDAQ:PETQ)and O'Reilly Automotive(NASDAQ:ORLY)also land favorable write-ups this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348268350,"gmtCreate":1617932713370,"gmtModify":1704704971733,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348268350","repostId":"2126274701","repostType":4,"repost":{"id":"2126274701","kind":"news","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":1617925872,"share":"https://ttm.financial/m/news/2126274701?lang=&edition=fundamental","pubTime":"2021-04-09 07:51","market":"us","language":"en","title":"3 FAANG Stock Laggards Look For A Return To Highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2126274701","media":"Benzinga","summary":"Amazon.com Inc (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL) and Netflix Inc (NASDAQ: NFLX) have been lag","content":"<p><img src=\"https://static.tigerbbs.com/9a40c2221442aec560e8e6188688ad14\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Amazon.com Inc</b> (NASDAQ: AMZN), <b>Apple Inc</b> (NASDAQ: AAPL) and <b>Netflix Inc</b> (NASDAQ: NFLX) have been lagging their FAANG counterparts.</p>\n<p>After retracing 18%, 21% and 17%, respectively, from all-time highs, none of the stocks has made a run at an all-time high, as is the case with <b><a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc</b> (NASDAQ: FB) and <b>Alphabet Inc</b> (NASDAQ: GOOG) (NASDAQ: GOOGL).</p>\n<p>This could change, however, as the Nasdaq 100 has had a bullish seven trading sessions and looks to be working its way back toward the all-time high of 13,909.80 it made on Feb. 16.</p>\n<p><b>The Amazon Chart:</b> On Thursday, Amazon broke above the bullish descending channel it had been trading in since Sept. 2, 2020.</p>\n<p>On April 1, the eight-day exponential moving average (EMA) crossed above the 21-day EMA, which is bullish, and Amazon’s stock has been trading above both commonly followed EMAs ever since.</p>\n<p>Although it appears somewhat extended from the EMAs on the daily chart — meaning it may need some daily consolidation so the EMAs can catch up to Amazon’s price — the stock looks to be headed towards it next resistance level of around $3,342.</p>\n<p>If Amazon’s stock can rise above the next resistance level, it could make its way back toward its all-time high of $3,552.25.</p>\n<p><img src=\"https://static.tigerbbs.com/c7aa3dc9961d332b9c3debad9c1d942b\" referrerpolicy=\"no-referrer\"><b>The Apple Chart:</b> On Wednesday, Apple’s stock broke above its resistance level of $127.28 after getting follow-through from a bullish inverted head-and-shoulder pattern.</p>\n<p>It is trading above both the eight-day and 21-day EMAs, which crossed back on April 5 but like Amazon’s stock, it is extended from the EMAs and may need consolidation before a stronger push to the upside.</p>\n<p>If Apple’s stock can maintain its upward trajectory, it should reach the gap on the chart in the $332 range.</p>\n<p><img src=\"https://static.tigerbbs.com/47d8509797994274aeab774461a5bda2\" tg-width=\"1023\" tg-height=\"503\" referrerpolicy=\"no-referrer\"><b>The Netflix Chart:</b> On April 1, Netflix’s stock broke bullish from the descending channel it had been trading in since Jan. 20, when the eight-day EMA and 21-day EMA crossed.</p>\n<p>Like both Amazon and Apple’s stock, it is currently extended from the EMAs, and on Thursday afternoon Netflix’s stock had difficulty getting over a resistance level of $557.39.</p>\n<p>If Netflix can push up over that resistance level, there is not a lot of further resistance in its way until it reaches its previous all-time high of $593.95.</p>\n<p><b>AMZN, AAPL, NFLX Price Action:</b> Shares of Amazon were trading 0.64% higher at $3,300.26 ahead of the close Thursday.</p>\n<p>Apple shares were up 1.81% at $130.21.</p>\n<p>Netflix shares were gaining 1.2% at $553.58.</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>3 FAANG Stock Laggards Look For A Return To 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\">\n3 FAANG Stock Laggards Look For A Return To Highs\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\">2021-04-09 07:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/9a40c2221442aec560e8e6188688ad14\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Amazon.com Inc</b> (NASDAQ: AMZN), <b>Apple Inc</b> (NASDAQ: AAPL) and <b>Netflix Inc</b> (NASDAQ: NFLX) have been lagging their FAANG counterparts.</p>\n<p>After retracing 18%, 21% and 17%, respectively, from all-time highs, none of the stocks has made a run at an all-time high, as is the case with <b><a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc</b> (NASDAQ: FB) and <b>Alphabet Inc</b> (NASDAQ: GOOG) (NASDAQ: GOOGL).</p>\n<p>This could change, however, as the Nasdaq 100 has had a bullish seven trading sessions and looks to be working its way back toward the all-time high of 13,909.80 it made on Feb. 16.</p>\n<p><b>The Amazon Chart:</b> On Thursday, Amazon broke above the bullish descending channel it had been trading in since Sept. 2, 2020.</p>\n<p>On April 1, the eight-day exponential moving average (EMA) crossed above the 21-day EMA, which is bullish, and Amazon’s stock has been trading above both commonly followed EMAs ever since.</p>\n<p>Although it appears somewhat extended from the EMAs on the daily chart — meaning it may need some daily consolidation so the EMAs can catch up to Amazon’s price — the stock looks to be headed towards it next resistance level of around $3,342.</p>\n<p>If Amazon’s stock can rise above the next resistance level, it could make its way back toward its all-time high of $3,552.25.</p>\n<p><img src=\"https://static.tigerbbs.com/c7aa3dc9961d332b9c3debad9c1d942b\" referrerpolicy=\"no-referrer\"><b>The Apple Chart:</b> On Wednesday, Apple’s stock broke above its resistance level of $127.28 after getting follow-through from a bullish inverted head-and-shoulder pattern.</p>\n<p>It is trading above both the eight-day and 21-day EMAs, which crossed back on April 5 but like Amazon’s stock, it is extended from the EMAs and may need consolidation before a stronger push to the upside.</p>\n<p>If Apple’s stock can maintain its upward trajectory, it should reach the gap on the chart in the $332 range.</p>\n<p><img src=\"https://static.tigerbbs.com/47d8509797994274aeab774461a5bda2\" tg-width=\"1023\" tg-height=\"503\" referrerpolicy=\"no-referrer\"><b>The Netflix Chart:</b> On April 1, Netflix’s stock broke bullish from the descending channel it had been trading in since Jan. 20, when the eight-day EMA and 21-day EMA crossed.</p>\n<p>Like both Amazon and Apple’s stock, it is currently extended from the EMAs, and on Thursday afternoon Netflix’s stock had difficulty getting over a resistance level of $557.39.</p>\n<p>If Netflix can push up over that resistance level, there is not a lot of further resistance in its way until it reaches its previous all-time high of $593.95.</p>\n<p><b>AMZN, AAPL, NFLX Price Action:</b> Shares of Amazon were trading 0.64% higher at $3,300.26 ahead of the close Thursday.</p>\n<p>Apple shares were up 1.81% at $130.21.</p>\n<p>Netflix shares were gaining 1.2% at $553.58.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","AMZN":"亚马逊","09086":"华夏纳指-U","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126274701","content_text":"Amazon.com Inc (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL) and Netflix Inc (NASDAQ: NFLX) have been lagging their FAANG counterparts.\nAfter retracing 18%, 21% and 17%, respectively, from all-time highs, none of the stocks has made a run at an all-time high, as is the case with Facebook Inc (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL).\nThis could change, however, as the Nasdaq 100 has had a bullish seven trading sessions and looks to be working its way back toward the all-time high of 13,909.80 it made on Feb. 16.\nThe Amazon Chart: On Thursday, Amazon broke above the bullish descending channel it had been trading in since Sept. 2, 2020.\nOn April 1, the eight-day exponential moving average (EMA) crossed above the 21-day EMA, which is bullish, and Amazon’s stock has been trading above both commonly followed EMAs ever since.\nAlthough it appears somewhat extended from the EMAs on the daily chart — meaning it may need some daily consolidation so the EMAs can catch up to Amazon’s price — the stock looks to be headed towards it next resistance level of around $3,342.\nIf Amazon’s stock can rise above the next resistance level, it could make its way back toward its all-time high of $3,552.25.\nThe Apple Chart: On Wednesday, Apple’s stock broke above its resistance level of $127.28 after getting follow-through from a bullish inverted head-and-shoulder pattern.\nIt is trading above both the eight-day and 21-day EMAs, which crossed back on April 5 but like Amazon’s stock, it is extended from the EMAs and may need consolidation before a stronger push to the upside.\nIf Apple’s stock can maintain its upward trajectory, it should reach the gap on the chart in the $332 range.\nThe Netflix Chart: On April 1, Netflix’s stock broke bullish from the descending channel it had been trading in since Jan. 20, when the eight-day EMA and 21-day EMA crossed.\nLike both Amazon and Apple’s stock, it is currently extended from the EMAs, and on Thursday afternoon Netflix’s stock had difficulty getting over a resistance level of $557.39.\nIf Netflix can push up over that resistance level, there is not a lot of further resistance in its way until it reaches its previous all-time high of $593.95.\nAMZN, AAPL, NFLX Price Action: Shares of Amazon were trading 0.64% higher at $3,300.26 ahead of the close Thursday.\nApple shares were up 1.81% at $130.21.\nNetflix shares were gaining 1.2% at $553.58.","news_type":1},"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353233196,"gmtCreate":1616499222015,"gmtModify":1704794880285,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353233196","repostId":"1157609582","repostType":4,"repost":{"id":"1157609582","kind":"news","pubTimestamp":1616490952,"share":"https://ttm.financial/m/news/1157609582?lang=&edition=fundamental","pubTime":"2021-03-23 17:15","market":"us","language":"en","title":"CrowdStrike: Cloud Security Of Choice With Widening Moat, Expanding TAM, Phenomenal FY2021 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=1157609582","media":"seekingalpha","summary":"Summary\n\nCrowdStrike Q4 and FY2021 results were simply phenomenal with rapid growth across financial","content":"<p><b>Summary</b></p>\n<ul>\n <li>CrowdStrike Q4 and FY2021 results were simply phenomenal with rapid growth across financial and operations metrics.</li>\n <li>It expanded the Falcon Platform to 19 modules and 63% of customers adopted more than 4 modules.</li>\n <li>As a result, the company generated record annual recurring revenue, it crossed the $1B mark for the first time. It also posted record operating profit and free cash flow.</li>\n <li>CrowdStrike acquired Humio to add more capabilities in log management. Successful integration could expand the total addressable market for the company by $.4.9B.</li>\n <li>CrowdStrike may look expensive on the surface, but with a highly scalable business model added with the power of compounding and optionality, there is still a lot of upside from here. I added more shares.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b767ea193c52a982e3b61009292175cd\" tg-width=\"768\" tg-height=\"432\"><span>Photo by kanawatvector/iStock via Getty Images</span></p>\n<p><b>Introduction</b></p>\n<p>CrowdStrike (CRWD) is on a mission to build a holistic security ecosystem. It started with endpoints protection, and now also covers workload, observability, and identity protection with the help of AI and behavioral analytics. The combination creates a winning formula, displacing legacy and even next-generation vendors.</p>\n<p>CrowdStrike's Q42021 and FY2021 results continued the strong momentum since IPO. It wrapped up a phenomenal year. Operationally, it added more modules to the Falcon Platform and more customers also adopted multiple modules. As a result, it achieved a record annual recurring revenue ('ARR') of over $1 billion. While still early in its growth stage, the company already generates a strong operating profit and free cash flow.</p>\n<p>Still, the company keeps up the pace. It recently acquired Humio to expand its capability to log management. It's an exciting acquisition because it supports CrowdStrike existing modules and also forms a new stand-alone module expanding the company's total addressable market by another $4.9B.</p>\n<p><b>What sets CrowdStrike apart?</b></p>\n<p>Before diving into the Q4 and FY2021 results, let's have a quick refresher on why CrowdStrike still has the potential to be a Potential Multibagger. At the core of CrowdStrike is its AI-enabled Threat Graph. It is the brain of its Falcon Platform, and this is what sets it apart from all of its competitors, especially those that provide on-prem security solutions.</p>\n<p>How it works is that it collects threat incidents and stores them all on the cloud. As more data is collected, the Threat Graph gets smarter by the instant, providing visibility and real-time protection for all customers. The capability demonstrates clear network effects moat because as the Threat Graph gets smarter from more data, its ability to protect customers also increases.</p>\n<p>To have a sense of the scale and speed of the Threat Graph, in Q2, it captured 3 trillion high-fidelity signals per week. Fast forward to Q4, it captured 5 trillion, a 66% increase of a huge platform already.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f7977b6533711bbf75da22f85cb77fc\" tg-width=\"1280\" tg-height=\"723\"><span>Source: CrowdStrike Q4 2021 & FY 2021 presentation</span></p>\n<p><b>The Q4 2021 and FY 2021 results review</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b34b8af659a319adaa5bc8bb6cc19db3\" tg-width=\"1280\" tg-height=\"458\"><span>Source: CrowdStrike Q42021 & FY2021 presentation</span></p>\n<p>The following bullet points are the highlights of the financial and operational metrics. You can glance through this section or refer back when required. The sections after will discuss four key discussion points from the results.</p>\n<ul>\n <li>the development of the Falcon Platform and its customers' adoption.</li>\n <li>the record ARR and the retention rate.</li>\n <li>the incredible operating leverage.</li>\n <li>finally, the acquisition of Humio.</li>\n</ul>\n<p><b>Q4 2021 financial metrics:</b></p>\n<ul>\n <li>Revenue was $264.9M, up 74% YoY, but a deceleration from 86% YoY growth in Q3.</li>\n <li>Annual recurring revenue ('ARR') grew to $1.07B, up 75% YoY. Net new ARR was $117M.</li>\n <li>Net dollar retention rate at 125% exceeded the 120% benchmark for the last three years.</li>\n <li>GAAP subscription gross margin was 78%, compared to 75% in Q42020.</li>\n <li>Non-GAAP subscription gross margin was 80%, compared to 77% in Q4 2020.</li>\n <li>GAAP loss from operations was $15.8M, compared to $31.1M in Q42020. Non-GAAP income from operations was $34.4M, compared to a loss of $6.7M in Q42020, 13% operating margin.</li>\n <li>Net cash generated from operations was $114.5M, compared to $66.1M in Q42020.</li>\n <li>Free cash flow was $97.4M, compared to $50.7M in Q42020, representing a 35.6% FCF margin.</li>\n <li>Cash and Cash Equivalents were $1.9B as of January 31, 2020.</li>\n</ul>\n<p><b>FY2021 Financial metrics:</b></p>\n<ul>\n <li>Revenue: Total revenue was $874.4 million, up 82% compared to $481.4 million in FY2020.</li>\n <li>Subscription revenue was $804.7M, up 84% compared to $436.3M in FY2020. Subscription</li>\n <li>Gross Margin: GAAP subscription gross margin was 77%, compared to 74% in FY2020.</li>\n <li>Non-GAAP subscription gross margin was 79%, compared to 75% in FY2020.</li>\n <li>Income/Loss from Operations: GAAP loss from operations was $92.5M, compared to $146.1M in FY2020.</li>\n <li>Non-GAAP income from operations was $62.4M, compared to a loss of $65.6M in FY2020, which represents a 7.1% operating margin.</li>\n <li>Net cash generated from operations was $356.6M, compared to $99.9M in FY2020.</li>\n <li>Free cash flow was $292.9M, compared to $12.5M in FY2020, representing a 33.5% free cash flow margin.</li>\n</ul>\n<p><b>Operation metrics</b></p>\n<ul>\n <li>Subscription customers were 9896, added 1,480 net new subscription customers in the quarter, representing 82% growth YoY.</li>\n <li>Customers with four or more modules were 63% of total subscribed customers-an acceleration from 61% in Q32021.</li>\n <li>Customers with five or more modules were 47%, and six or more were 24%.</li>\n <li>Acquired Humio to expand its addressable market into the cloud log management and observability space. Once integrated, Humio capabilities will become another module for the Falcon Platform.</li>\n <li>Expanded Cloud Security Posture Management and Cloud Workload Protection capabilities to deliver greater control, visibility, and security for cloud workloads and cloud-native applications from build to runtime.</li>\n <li>Integrated CrowdStrike Falcon's threat intelligence feeds with AWS Network Firewall, a managed service that makes it easy to deploy essential network protections across a customer's Amazon Virtual Private Clouds.</li>\n <li>Key customer additions: Salesforce, Pfizer, P&G, a customer in the federal space, and Bank Leumi of Israel.</li>\n</ul>\n<p><b>Q4 and FY2021 guidance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/efc8681e209f05b12e3b70e3383f7a8a\" tg-width=\"1280\" tg-height=\"294\"><span>Source: CrowdStrike Form 8-K, March 16, 2021</span></p>\n<p>Now that you have had a glance, I hope we can all agree that CrowdStrike has again over-delivered. It was a 'beat, beat, and raise.'</p>\n<p>Next, I'll go over the four most important takeaways in the quarter.</p>\n<p><b>Expanding module and increased adoption</b></p>\n<p>At the core of CrowdStrike is its Falcon Platform. The following slide shows all the modules on the Falcon Platform at the end of Q4. There are 19 of them. Just for context, it only had 11 modules in Q1. This already shows how incredibly fast this company is evolving.</p>\n<p>Each module represents a stand-alone product covering a different cloud protection area and customer's asset base (on-prem, hybrid, and cloud).</p>\n<p><img src=\"https://static.tigerbbs.com/ee82ec901a5482154ef9e23b734918e9\" tg-width=\"1280\" tg-height=\"592\"></p>\n<p>Customers can pick and choose whatever fits their needs. But it's in their best interest to adopt more modules as it is the quickest way to cover broader aspects of their security system and their asset base.</p>\n<p>But of course, the customers might not know that. So, CrowdStrike helps the customers by offering Trial-to-Pay and In-app Trial schemes. They allow users to try without any commitment. The big benefit of these is that users gradually get accustomed to CrowdStrike's modules. As a result, customers are more willing to try other products, thus spend more over time. This strategy is called land-and-expand. It has proven to be highly successful.</p>\n<p><img src=\"https://static.tigerbbs.com/772f49de60ad0f5a5e0ab9c0ae73e735\" tg-width=\"1280\" tg-height=\"795\"></p>\n<p>In Q4, 63% of all subscription customers adopted four or more modules, an increase from 61% in Q3 and a considerable leap from Q4 last year which was 57%. The difference is even more prominent from Q4 2018 at just 30%. Customers with five or more modules increased to 47%, representing an increase from 44% in Q3.</p>\n<p>So, CrowdStrike has done very well in adding modules and getting the customers to use more of them. The success can also be demonstrated by looking at the 'magic number', a standard metric used by the SaaS industry to measure sales efficiency.</p>\n<p>Anything above 1 is excellent. CrowdStrike scores 1.3. Thus, it indicates a very successful sale and marketing strategy. Let's see how this contributes to its revenue side.</p>\n<p><b>The Monster $1B ARR</b></p>\n<p>With a strong line of products and a high number of module adoption per customer, it was no surprise to see CrowdStrike posting record revenue. The company ended FY 2021 with $874.4M, up 82% compared to $481.4 million in FY2020.</p>\n<p>Since most of the revenue is recurring revenue. It is even more useful to look at how those numbers were. And for the first time in its history, CrowdStrike's recurring revenue got over the $1B mark, coming in at $1.07 billion to be precise. It represents an increase of 75% YoY, 92% of which came from subscriptions. The growth rate decelerated slightly from 81% in Q3. However, it's still extremely impressive and elevated.</p>\n<p><img src=\"https://static.tigerbbs.com/94a3f396ea6922f8d5c352dc42b3dd57\" tg-width=\"1280\" tg-height=\"806\"></p>\n<p>CrowdStrike was able to grow ARR at such a fast pace is due to two factors: 1) through adding new customers and 2) through encouraging existing customers to spend more. Let's look at some more details.</p>\n<p><b>Adding new customers</b></p>\n<p>In Q4, CrowdStrike's customer base totaled 9,896, an increase of 82% YoY. Over half of the Fortune 100 were customers of CrowdStrike. I'll highlight some of the notable customer additions as follows.</p>\n<p><img src=\"https://static.tigerbbs.com/0ed924e5cb47cd51755aac3cd1bf2553\" tg-width=\"1280\" tg-height=\"768\"></p>\n<p>CrowdStrike added Salesforce (CRM), Pfizer (PFE), P&G (PG), and an unnamed federal entity. The list is impressive given that CrowdStrike added Okta (OKTA) in the previous quarter.</p>\n<p>It was interesting to hear the CEO, George Kurtz, providing the reasons why Salesforce chose CrowdStrike over others. Spoiler alert! You could see CrowdStrike's moats written all over:</p>\n<blockquote>\n […] And they chose us because of the\n <i>scalable platform, low impact, and efficacy</i>. And I think that's across the board, that's what we're seeing, whether it's a next-gen vendor or whether it's an incumbent vendor, is the\n <i>ease of use, time to value</i>is incredible.\n</blockquote>\n<p>Apart from large enterprises, CrowdStrike also added smaller customers. It shows that it can provide organizations of various shapes and sizes demonstrating high flexibility and coverage in its security solutions.</p>\n<p>Amazon Marketplace played a key role in CrowdStrike being adopted by smaller customers. The company was very smart to integrate its threat intelligence feeds with the Amazon AWS network firewall. This integration enabled CrowdStrike to deploy essential network protections across customers on Amazon Virtual Private Clouds, speeding up sales by 80%.</p>\n<p>To appreciate Amazon's contribution to CrowdStrike a bit further, in Q4, ARR transacted through the AWS marketplace grew 600% YoY, and transaction volume grew over 300%. Not many channels can deliver such growth.</p>\n<p><b>Existing customers to spend more</b></p>\n<p>So, adding new customers contributed tremendously to ARR. How about existing customers? To measure the impact, there is no better metric than the Dollar-based Retention Rates ('DBRR') or Subscription ARR.</p>\n<p>This metric shows you the growth of ARR that comes from existing customers (prior 12-month cohort). In other words, the metric strips out the effect of additional ARR from new customers.</p>\n<p>CrowdStrike didn't disclose the precise numbers during FY 2021, so I am glad to see the management revealed them in Q4, and they did not disappoint.</p>\n<p>Despite having decelerated compared to Q4 2019, the number was still extremely impressive. Q4's DBRR came in at 125%. This number shows revenue from existing customers still grew by 25% (likely from adopting more modules and expanding usage), even after excluding new ARR from new customer additions.</p>\n<p><img src=\"https://static.tigerbbs.com/a81e495ff10ccf05a32255a7b26febbe\" tg-width=\"1280\" tg-height=\"537\"></p>\n<p><b>Profitability at scale</b></p>\n<p>The third and most impressive takeaway from FY2021 results is CrowdStrike's ability to balance growth with profitability at scale. A lot of companies can focus on one and do very well, so either growing really fast or operating a really lean model and churn out lots of profits. However, there are not many companies that can do both and really excel. Zoom (ZM) is one but that's actually the only other one that is top of mind now for me at this moment.</p>\n<p>In Q4, CrowdStrike posted 74% growth in revenue. It also posted a 13% operating margin. That is impressive. And looking at the sales and marketing, and general administrative costs as a percentage of revenue, you can see why. They both have shrunk considerably since FY2017, from nearly -168% operating margin to 13% within 4 years. Below is a beautiful chart.</p>\n<p><img src=\"https://static.tigerbbs.com/b31f13e6a680aab36babe57d909fa728\" tg-width=\"1280\" tg-height=\"881\"></p>\n<p>Equally impressive is the improvement in the free cash flow margin. In Q4, free cash flow margins were a very high 37% and this marks seven consecutive quarters of generating positive free cash flow.</p>\n<p><img src=\"https://static.tigerbbs.com/98be9cc93fed245da85ee732699f2c45\" tg-width=\"1280\" tg-height=\"474\"></p>\n<p>One reason why the free cash flow margin is much higher than the operating margin is due to the high stock-option rewards. So, as CrowdStrike is still in its hyper-growth stage, the operating margin could be more representative of the bottom-line, counting stock options as a form of costs to invest in human capital. On the other hand, free cash flow is the lifeblood of a company. It's cash that can be used to generate new revenue streams, by developing them or acquiring them. The shares don't cost the company anything, but of course, they mean dilution for the shareholders.</p>\n<p>The 13% operating margin isn't far off CrowdStrike's long-term target of 20%+.</p>\n<p><img src=\"https://static.tigerbbs.com/f4826b0eeca46e32fd0af5b67e6a1836\" tg-width=\"834\" tg-height=\"498\"></p>\n<p>To summarize CrowdStrike phenomenal FY 2021 results. It was driven by three key aspects:</p>\n<ul>\n <li>Expanded the Falcon Platform to 19 modules and achieved a high number of customers' adoption with more than 4 modules.</li>\n <li>Achieved $1B of ARR at the growth rate of 75%, fuelled by record number subscription customers and high dollar-based retention rate at 125%.</li>\n <li>As a result, the company posted high profitability and generated free cash flow, demonstrating operating leverage and scalability.</li>\n</ul>\n<p><b>More growth ahead, enter Humio</b></p>\n<p>CrowdStrike has a perfect setup for future growth. The market for cybersecurity is still in its early innings of growth. The industry dynamic is changing so quickly that incumbents are getting disrupted. The reason is that they are often still on-prem, so on a single location. CrowdStrike sees that threat in one of their customers and can immediately stop the threat on the whole system. The reason why it is better than this than incumbents is that it was built from the ground up for the cloud and not stitched together from old on-prem solutions.</p>\n<p>Heightened awareness around security threats (Microsoft Exchange data breach) are pushing CIOs to make cloud security mission-critical. George Kurtz said this in Q3 and explained why CrowdStrike has a huge runway ahead.</p>\n<blockquote>\n Stopping the breach is no longer just about protecting endpoints. It also encompasses cloud workload security and identity protection.\n</blockquote>\n<blockquote>\n […] Today's cloud workloads are massively under-protected and this could represent a 10x market opportunity in 2023, compared to IDC's estimate of the cloud security market in 2020, as we've illustrated in our cloud security webinar for investors at our Virtual Fal.Con Conference in October.\n</blockquote>\n<p>His comments underpin the following slides, showing that cloud workloads are under-protected as Cloud Security Spend as % of Cloud IT Spend is still just 1%. As such, he thinks the opportunity could 10x by 2023.</p>\n<p><img src=\"https://static.tigerbbs.com/f9690b2114237e89fa10ae38ebb95340\" tg-width=\"898\" tg-height=\"522\"><img src=\"https://static.tigerbbs.com/38de4aebd1281d492be88c278f3b0e17\" tg-width=\"900\" tg-height=\"277\"></p>\n<p>Accordingly, the acquisition of Humio makes perfect sense. On its corporate website, Humio says that it \"log everything and answer anything in real-time.\"</p>\n<p>This is a capability that fits under cybersecurity and observability. And it does mean that with Humio, CrowdStrike will be stepping on the turf of Datadog (DDOG) too.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21d0a8aaa6de41800d07d89edfa6dc7e\" tg-width=\"892\" tg-height=\"427\"><span>Source: Humio corporate website</span></p>\n<p>George Kurtz is incredibly excited to add Humioto the Falcon platform.</p>\n<blockquote>\n With Humio, we are now redefining next-gen XDR through a platform that spans endpoints, identities, applications, the network edge and the cloud, CrowdStrike is building a unified data layer to power the next generation of enterprise security and IT. Humio provides us the ability to expand our data leg and to solve more security and non-security use cases in real time. I can't emphasize enough the power of index-free data ingestion when applied to security use cases, as it allows us to query the data in real time as it's being ingested.\n</blockquote>\n<p>Kurtz mentioned \"index-free data ingestion\", it's a technology that compresses data to take up less disk space. It also helps with reading data faster from disk. And it's an important point because it highlights the capability that makes Humio superior compared to the traditional log management solutions. Thus, it gave George Kurtz the confidence to claim that:</p>\n<blockquote>\n Humio has the potential to disrupt the log management and observability markets.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/ee82ec901a5482154ef9e23b734918e9\" tg-width=\"1280\" tg-height=\"592\"></p>\n<p>How will Humio fit in the Falcon Platform? George Kurtz sees Humio build on Falcon OverWatch, Falcon Spotlight, and Falcon Discover as the first line of defense for cloud security (second pillar from the left) and threat intelligence (fourth pillar from the right). But more significantly, Humio will form a new module on the Falcon platform (second pillar from the right).</p>\n<blockquote>\n Humio's capabilities will be built into the fabric of our Falcon OverWatch complete and threat intelligence modules as well as our professional services offerings, providing CrowdStrike with a greater time advantage over the competition and the adversary.\n</blockquote>\n<p>In the near term, Humio is unlikely to make a meaningful financial contribution, but it's good to know that it will be a high-margin business.</p>\n<p>The market potential for Humio is very big. Humio broadens CrowdStrike's addressable market into log management. This market is forecasted to be $4.9 billion in 2023 based on IDC estimates, and that does not include any potential adjacencies, such as the massive observability market.</p>\n<p>Interestingly, the log management market estimated size grew from $4.1 billion in Q3 2021 to $4.9 billion in Q4 2021. And CrowdStrike total addressable market expanded from $38.7 billion in Q3 2021 to $43.6 billion in Q4 2021. Incredible.</p>\n<p><img src=\"https://static.tigerbbs.com/9a597f07ca29a472086851ea9806d83a\" tg-width=\"1280\" tg-height=\"565\"></p>\n<p>Overall, it's a great addition to the Falcon Platform, adding another dimension to CrowdStrike's security ecosystem.</p>\n<p><b>Valuation</b></p>\n<p>CrowdStrike has been performing exceptionally well. I believe this is the highest quality stock on the market at the moment and I also believe the business will continue to perform at a high level for many years to come.</p>\n<p>In that context, I am not surprised that CrowdStrike has been beating analysts' consensus by roughly 6% every quarter since IPO. Hence, I expect the company to beat the FY2022 guidance again.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a27fdea41d4a288aca7535237d47705a\" tg-width=\"1280\" tg-height=\"553\"><span>Source: SA premium tools</span></p>\n<p>With the track record of overperformance and combined with a highly scalable business model with expanding revenue streams, investors should have an expectation that CrowdStrike will always be valued highly by the market.</p>\n<p>As a useful exercise, let's work out the level of revenue and free cash flow in the next five years and apply a reasonable EV/S and EV/FCF to have an idea if the current price is reasonable or not.</p>\n<p>The table below is my assumptions for a conservative scenario:</p>\n<p>+ Revenue growth at 50% for FY2022 then decelerates to 25% CAGR to FY2026</p>\n<p>+Free cash flow margin at ~30% by FY2 6 (from 35% in Q42021)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8aa57cbfd83203d97cd882174972585c\" tg-width=\"815\" tg-height=\"552\"><span>Source: Estimates by DTF Capital</span></p>\n<p>As you can see, by FY2026, CrowdStrike would reach an estimated $ 3.2 billion of sales and would have accumulated over $ 3 billion in free cash over the years.</p>\n<p>Using the current market cap of $ 43 billion as of this writing, the current valuation is about 13x FY2026 estimated sales and 44x free cash flow.</p>\n<p>To remind you, my assumptions above are very conservative. As a result, I see this as a base case and thus, I don't feel that CrowdStrike valuation is 'frothy' like how the market is feeling about tech stocks right now. If you bake in the overperformance, say 5%, CrowdStrike would be valued at just 10x EV/Sales and 36x FCF, or 15%, and it would be 7x EV/Sales and 27x FCF.</p>\n<p>To close, I feel confident that CrowdStrike would be a huge winner for your portfolio and would treat the current mini tech correction as an opportunity to add more shares.</p>\n<p><b>Takeaways</b></p>\n<p>CrowdStrike wrapped up a phenomenal FY2021. It expanded its Falcon Platform to 19 modules; each covers a different cloud protection area and customer's asset base. The ease of trials and deployment enticed a record number of module adoption by Crowdstrike's customers. As a result, the company was able to reach a record $1B of ARR at a growth rate of 75% and record operating and free cash flow margins.</p>\n<p>The company understands the vast market opportunity and continues to seek solutions that complement the Falcon Platform. Recently, it acquired Humio. The acquisition is interesting because it allows CrowdStrike to move into log management, boosting its total addressable market by $4.9B.</p>\n<p>I believe CrowdStrike is one of the best investment opportunities on the market. It's rare to find such a hyper-growth company that still has a long runway yet already highly profitable. CrowdStrike is also already seen as a category leader in cybersecurity and thus, deserves a premium valuation multiple. Any dips should be seen as an opportunity to add to your position.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CrowdStrike: Cloud Security Of Choice With Widening Moat, Expanding TAM, Phenomenal FY2021 Results</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\">\nCrowdStrike: Cloud Security Of Choice With Widening Moat, Expanding TAM, Phenomenal FY2021 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 17:15 GMT+8 <a href=https://seekingalpha.com/article/4415445-crowdstrike-cloud-widening-moat-expanding-tam-phenomenal><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nCrowdStrike Q4 and FY2021 results were simply phenomenal with rapid growth across financial and operations metrics.\nIt expanded the Falcon Platform to 19 modules and 63% of customers adopted ...</p>\n\n<a href=\"https://seekingalpha.com/article/4415445-crowdstrike-cloud-widening-moat-expanding-tam-phenomenal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://seekingalpha.com/article/4415445-crowdstrike-cloud-widening-moat-expanding-tam-phenomenal","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1157609582","content_text":"Summary\n\nCrowdStrike Q4 and FY2021 results were simply phenomenal with rapid growth across financial and operations metrics.\nIt expanded the Falcon Platform to 19 modules and 63% of customers adopted more than 4 modules.\nAs a result, the company generated record annual recurring revenue, it crossed the $1B mark for the first time. It also posted record operating profit and free cash flow.\nCrowdStrike acquired Humio to add more capabilities in log management. Successful integration could expand the total addressable market for the company by $.4.9B.\nCrowdStrike may look expensive on the surface, but with a highly scalable business model added with the power of compounding and optionality, there is still a lot of upside from here. I added more shares.\n\nPhoto by kanawatvector/iStock via Getty Images\nIntroduction\nCrowdStrike (CRWD) is on a mission to build a holistic security ecosystem. It started with endpoints protection, and now also covers workload, observability, and identity protection with the help of AI and behavioral analytics. The combination creates a winning formula, displacing legacy and even next-generation vendors.\nCrowdStrike's Q42021 and FY2021 results continued the strong momentum since IPO. It wrapped up a phenomenal year. Operationally, it added more modules to the Falcon Platform and more customers also adopted multiple modules. As a result, it achieved a record annual recurring revenue ('ARR') of over $1 billion. While still early in its growth stage, the company already generates a strong operating profit and free cash flow.\nStill, the company keeps up the pace. It recently acquired Humio to expand its capability to log management. It's an exciting acquisition because it supports CrowdStrike existing modules and also forms a new stand-alone module expanding the company's total addressable market by another $4.9B.\nWhat sets CrowdStrike apart?\nBefore diving into the Q4 and FY2021 results, let's have a quick refresher on why CrowdStrike still has the potential to be a Potential Multibagger. At the core of CrowdStrike is its AI-enabled Threat Graph. It is the brain of its Falcon Platform, and this is what sets it apart from all of its competitors, especially those that provide on-prem security solutions.\nHow it works is that it collects threat incidents and stores them all on the cloud. As more data is collected, the Threat Graph gets smarter by the instant, providing visibility and real-time protection for all customers. The capability demonstrates clear network effects moat because as the Threat Graph gets smarter from more data, its ability to protect customers also increases.\nTo have a sense of the scale and speed of the Threat Graph, in Q2, it captured 3 trillion high-fidelity signals per week. Fast forward to Q4, it captured 5 trillion, a 66% increase of a huge platform already.\nSource: CrowdStrike Q4 2021 & FY 2021 presentation\nThe Q4 2021 and FY 2021 results review\nSource: CrowdStrike Q42021 & FY2021 presentation\nThe following bullet points are the highlights of the financial and operational metrics. You can glance through this section or refer back when required. The sections after will discuss four key discussion points from the results.\n\nthe development of the Falcon Platform and its customers' adoption.\nthe record ARR and the retention rate.\nthe incredible operating leverage.\nfinally, the acquisition of Humio.\n\nQ4 2021 financial metrics:\n\nRevenue was $264.9M, up 74% YoY, but a deceleration from 86% YoY growth in Q3.\nAnnual recurring revenue ('ARR') grew to $1.07B, up 75% YoY. Net new ARR was $117M.\nNet dollar retention rate at 125% exceeded the 120% benchmark for the last three years.\nGAAP subscription gross margin was 78%, compared to 75% in Q42020.\nNon-GAAP subscription gross margin was 80%, compared to 77% in Q4 2020.\nGAAP loss from operations was $15.8M, compared to $31.1M in Q42020. Non-GAAP income from operations was $34.4M, compared to a loss of $6.7M in Q42020, 13% operating margin.\nNet cash generated from operations was $114.5M, compared to $66.1M in Q42020.\nFree cash flow was $97.4M, compared to $50.7M in Q42020, representing a 35.6% FCF margin.\nCash and Cash Equivalents were $1.9B as of January 31, 2020.\n\nFY2021 Financial metrics:\n\nRevenue: Total revenue was $874.4 million, up 82% compared to $481.4 million in FY2020.\nSubscription revenue was $804.7M, up 84% compared to $436.3M in FY2020. Subscription\nGross Margin: GAAP subscription gross margin was 77%, compared to 74% in FY2020.\nNon-GAAP subscription gross margin was 79%, compared to 75% in FY2020.\nIncome/Loss from Operations: GAAP loss from operations was $92.5M, compared to $146.1M in FY2020.\nNon-GAAP income from operations was $62.4M, compared to a loss of $65.6M in FY2020, which represents a 7.1% operating margin.\nNet cash generated from operations was $356.6M, compared to $99.9M in FY2020.\nFree cash flow was $292.9M, compared to $12.5M in FY2020, representing a 33.5% free cash flow margin.\n\nOperation metrics\n\nSubscription customers were 9896, added 1,480 net new subscription customers in the quarter, representing 82% growth YoY.\nCustomers with four or more modules were 63% of total subscribed customers-an acceleration from 61% in Q32021.\nCustomers with five or more modules were 47%, and six or more were 24%.\nAcquired Humio to expand its addressable market into the cloud log management and observability space. Once integrated, Humio capabilities will become another module for the Falcon Platform.\nExpanded Cloud Security Posture Management and Cloud Workload Protection capabilities to deliver greater control, visibility, and security for cloud workloads and cloud-native applications from build to runtime.\nIntegrated CrowdStrike Falcon's threat intelligence feeds with AWS Network Firewall, a managed service that makes it easy to deploy essential network protections across a customer's Amazon Virtual Private Clouds.\nKey customer additions: Salesforce, Pfizer, P&G, a customer in the federal space, and Bank Leumi of Israel.\n\nQ4 and FY2021 guidance\nSource: CrowdStrike Form 8-K, March 16, 2021\nNow that you have had a glance, I hope we can all agree that CrowdStrike has again over-delivered. It was a 'beat, beat, and raise.'\nNext, I'll go over the four most important takeaways in the quarter.\nExpanding module and increased adoption\nAt the core of CrowdStrike is its Falcon Platform. The following slide shows all the modules on the Falcon Platform at the end of Q4. There are 19 of them. Just for context, it only had 11 modules in Q1. This already shows how incredibly fast this company is evolving.\nEach module represents a stand-alone product covering a different cloud protection area and customer's asset base (on-prem, hybrid, and cloud).\n\nCustomers can pick and choose whatever fits their needs. But it's in their best interest to adopt more modules as it is the quickest way to cover broader aspects of their security system and their asset base.\nBut of course, the customers might not know that. So, CrowdStrike helps the customers by offering Trial-to-Pay and In-app Trial schemes. They allow users to try without any commitment. The big benefit of these is that users gradually get accustomed to CrowdStrike's modules. As a result, customers are more willing to try other products, thus spend more over time. This strategy is called land-and-expand. It has proven to be highly successful.\n\nIn Q4, 63% of all subscription customers adopted four or more modules, an increase from 61% in Q3 and a considerable leap from Q4 last year which was 57%. The difference is even more prominent from Q4 2018 at just 30%. Customers with five or more modules increased to 47%, representing an increase from 44% in Q3.\nSo, CrowdStrike has done very well in adding modules and getting the customers to use more of them. The success can also be demonstrated by looking at the 'magic number', a standard metric used by the SaaS industry to measure sales efficiency.\nAnything above 1 is excellent. CrowdStrike scores 1.3. Thus, it indicates a very successful sale and marketing strategy. Let's see how this contributes to its revenue side.\nThe Monster $1B ARR\nWith a strong line of products and a high number of module adoption per customer, it was no surprise to see CrowdStrike posting record revenue. The company ended FY 2021 with $874.4M, up 82% compared to $481.4 million in FY2020.\nSince most of the revenue is recurring revenue. It is even more useful to look at how those numbers were. And for the first time in its history, CrowdStrike's recurring revenue got over the $1B mark, coming in at $1.07 billion to be precise. It represents an increase of 75% YoY, 92% of which came from subscriptions. The growth rate decelerated slightly from 81% in Q3. However, it's still extremely impressive and elevated.\n\nCrowdStrike was able to grow ARR at such a fast pace is due to two factors: 1) through adding new customers and 2) through encouraging existing customers to spend more. Let's look at some more details.\nAdding new customers\nIn Q4, CrowdStrike's customer base totaled 9,896, an increase of 82% YoY. Over half of the Fortune 100 were customers of CrowdStrike. I'll highlight some of the notable customer additions as follows.\n\nCrowdStrike added Salesforce (CRM), Pfizer (PFE), P&G (PG), and an unnamed federal entity. The list is impressive given that CrowdStrike added Okta (OKTA) in the previous quarter.\nIt was interesting to hear the CEO, George Kurtz, providing the reasons why Salesforce chose CrowdStrike over others. Spoiler alert! You could see CrowdStrike's moats written all over:\n\n […] And they chose us because of the\n scalable platform, low impact, and efficacy. And I think that's across the board, that's what we're seeing, whether it's a next-gen vendor or whether it's an incumbent vendor, is the\n ease of use, time to valueis incredible.\n\nApart from large enterprises, CrowdStrike also added smaller customers. It shows that it can provide organizations of various shapes and sizes demonstrating high flexibility and coverage in its security solutions.\nAmazon Marketplace played a key role in CrowdStrike being adopted by smaller customers. The company was very smart to integrate its threat intelligence feeds with the Amazon AWS network firewall. This integration enabled CrowdStrike to deploy essential network protections across customers on Amazon Virtual Private Clouds, speeding up sales by 80%.\nTo appreciate Amazon's contribution to CrowdStrike a bit further, in Q4, ARR transacted through the AWS marketplace grew 600% YoY, and transaction volume grew over 300%. Not many channels can deliver such growth.\nExisting customers to spend more\nSo, adding new customers contributed tremendously to ARR. How about existing customers? To measure the impact, there is no better metric than the Dollar-based Retention Rates ('DBRR') or Subscription ARR.\nThis metric shows you the growth of ARR that comes from existing customers (prior 12-month cohort). In other words, the metric strips out the effect of additional ARR from new customers.\nCrowdStrike didn't disclose the precise numbers during FY 2021, so I am glad to see the management revealed them in Q4, and they did not disappoint.\nDespite having decelerated compared to Q4 2019, the number was still extremely impressive. Q4's DBRR came in at 125%. This number shows revenue from existing customers still grew by 25% (likely from adopting more modules and expanding usage), even after excluding new ARR from new customer additions.\n\nProfitability at scale\nThe third and most impressive takeaway from FY2021 results is CrowdStrike's ability to balance growth with profitability at scale. A lot of companies can focus on one and do very well, so either growing really fast or operating a really lean model and churn out lots of profits. However, there are not many companies that can do both and really excel. Zoom (ZM) is one but that's actually the only other one that is top of mind now for me at this moment.\nIn Q4, CrowdStrike posted 74% growth in revenue. It also posted a 13% operating margin. That is impressive. And looking at the sales and marketing, and general administrative costs as a percentage of revenue, you can see why. They both have shrunk considerably since FY2017, from nearly -168% operating margin to 13% within 4 years. Below is a beautiful chart.\n\nEqually impressive is the improvement in the free cash flow margin. In Q4, free cash flow margins were a very high 37% and this marks seven consecutive quarters of generating positive free cash flow.\n\nOne reason why the free cash flow margin is much higher than the operating margin is due to the high stock-option rewards. So, as CrowdStrike is still in its hyper-growth stage, the operating margin could be more representative of the bottom-line, counting stock options as a form of costs to invest in human capital. On the other hand, free cash flow is the lifeblood of a company. It's cash that can be used to generate new revenue streams, by developing them or acquiring them. The shares don't cost the company anything, but of course, they mean dilution for the shareholders.\nThe 13% operating margin isn't far off CrowdStrike's long-term target of 20%+.\n\nTo summarize CrowdStrike phenomenal FY 2021 results. It was driven by three key aspects:\n\nExpanded the Falcon Platform to 19 modules and achieved a high number of customers' adoption with more than 4 modules.\nAchieved $1B of ARR at the growth rate of 75%, fuelled by record number subscription customers and high dollar-based retention rate at 125%.\nAs a result, the company posted high profitability and generated free cash flow, demonstrating operating leverage and scalability.\n\nMore growth ahead, enter Humio\nCrowdStrike has a perfect setup for future growth. The market for cybersecurity is still in its early innings of growth. The industry dynamic is changing so quickly that incumbents are getting disrupted. The reason is that they are often still on-prem, so on a single location. CrowdStrike sees that threat in one of their customers and can immediately stop the threat on the whole system. The reason why it is better than this than incumbents is that it was built from the ground up for the cloud and not stitched together from old on-prem solutions.\nHeightened awareness around security threats (Microsoft Exchange data breach) are pushing CIOs to make cloud security mission-critical. George Kurtz said this in Q3 and explained why CrowdStrike has a huge runway ahead.\n\n Stopping the breach is no longer just about protecting endpoints. It also encompasses cloud workload security and identity protection.\n\n\n […] Today's cloud workloads are massively under-protected and this could represent a 10x market opportunity in 2023, compared to IDC's estimate of the cloud security market in 2020, as we've illustrated in our cloud security webinar for investors at our Virtual Fal.Con Conference in October.\n\nHis comments underpin the following slides, showing that cloud workloads are under-protected as Cloud Security Spend as % of Cloud IT Spend is still just 1%. As such, he thinks the opportunity could 10x by 2023.\n\nAccordingly, the acquisition of Humio makes perfect sense. On its corporate website, Humio says that it \"log everything and answer anything in real-time.\"\nThis is a capability that fits under cybersecurity and observability. And it does mean that with Humio, CrowdStrike will be stepping on the turf of Datadog (DDOG) too.\nSource: Humio corporate website\nGeorge Kurtz is incredibly excited to add Humioto the Falcon platform.\n\n With Humio, we are now redefining next-gen XDR through a platform that spans endpoints, identities, applications, the network edge and the cloud, CrowdStrike is building a unified data layer to power the next generation of enterprise security and IT. Humio provides us the ability to expand our data leg and to solve more security and non-security use cases in real time. I can't emphasize enough the power of index-free data ingestion when applied to security use cases, as it allows us to query the data in real time as it's being ingested.\n\nKurtz mentioned \"index-free data ingestion\", it's a technology that compresses data to take up less disk space. It also helps with reading data faster from disk. And it's an important point because it highlights the capability that makes Humio superior compared to the traditional log management solutions. Thus, it gave George Kurtz the confidence to claim that:\n\n Humio has the potential to disrupt the log management and observability markets.\n\n\nHow will Humio fit in the Falcon Platform? George Kurtz sees Humio build on Falcon OverWatch, Falcon Spotlight, and Falcon Discover as the first line of defense for cloud security (second pillar from the left) and threat intelligence (fourth pillar from the right). But more significantly, Humio will form a new module on the Falcon platform (second pillar from the right).\n\n Humio's capabilities will be built into the fabric of our Falcon OverWatch complete and threat intelligence modules as well as our professional services offerings, providing CrowdStrike with a greater time advantage over the competition and the adversary.\n\nIn the near term, Humio is unlikely to make a meaningful financial contribution, but it's good to know that it will be a high-margin business.\nThe market potential for Humio is very big. Humio broadens CrowdStrike's addressable market into log management. This market is forecasted to be $4.9 billion in 2023 based on IDC estimates, and that does not include any potential adjacencies, such as the massive observability market.\nInterestingly, the log management market estimated size grew from $4.1 billion in Q3 2021 to $4.9 billion in Q4 2021. And CrowdStrike total addressable market expanded from $38.7 billion in Q3 2021 to $43.6 billion in Q4 2021. Incredible.\n\nOverall, it's a great addition to the Falcon Platform, adding another dimension to CrowdStrike's security ecosystem.\nValuation\nCrowdStrike has been performing exceptionally well. I believe this is the highest quality stock on the market at the moment and I also believe the business will continue to perform at a high level for many years to come.\nIn that context, I am not surprised that CrowdStrike has been beating analysts' consensus by roughly 6% every quarter since IPO. Hence, I expect the company to beat the FY2022 guidance again.\nSource: SA premium tools\nWith the track record of overperformance and combined with a highly scalable business model with expanding revenue streams, investors should have an expectation that CrowdStrike will always be valued highly by the market.\nAs a useful exercise, let's work out the level of revenue and free cash flow in the next five years and apply a reasonable EV/S and EV/FCF to have an idea if the current price is reasonable or not.\nThe table below is my assumptions for a conservative scenario:\n+ Revenue growth at 50% for FY2022 then decelerates to 25% CAGR to FY2026\n+Free cash flow margin at ~30% by FY2 6 (from 35% in Q42021)\nSource: Estimates by DTF Capital\nAs you can see, by FY2026, CrowdStrike would reach an estimated $ 3.2 billion of sales and would have accumulated over $ 3 billion in free cash over the years.\nUsing the current market cap of $ 43 billion as of this writing, the current valuation is about 13x FY2026 estimated sales and 44x free cash flow.\nTo remind you, my assumptions above are very conservative. As a result, I see this as a base case and thus, I don't feel that CrowdStrike valuation is 'frothy' like how the market is feeling about tech stocks right now. If you bake in the overperformance, say 5%, CrowdStrike would be valued at just 10x EV/Sales and 36x FCF, or 15%, and it would be 7x EV/Sales and 27x FCF.\nTo close, I feel confident that CrowdStrike would be a huge winner for your portfolio and would treat the current mini tech correction as an opportunity to add more shares.\nTakeaways\nCrowdStrike wrapped up a phenomenal FY2021. It expanded its Falcon Platform to 19 modules; each covers a different cloud protection area and customer's asset base. The ease of trials and deployment enticed a record number of module adoption by Crowdstrike's customers. As a result, the company was able to reach a record $1B of ARR at a growth rate of 75% and record operating and free cash flow margins.\nThe company understands the vast market opportunity and continues to seek solutions that complement the Falcon Platform. Recently, it acquired Humio. The acquisition is interesting because it allows CrowdStrike to move into log management, boosting its total addressable market by $4.9B.\nI believe CrowdStrike is one of the best investment opportunities on the market. It's rare to find such a hyper-growth company that still has a long runway yet already highly profitable. CrowdStrike is also already seen as a category leader in cybersecurity and thus, deserves a premium valuation multiple. Any dips should be seen as an opportunity to add to your position.","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359617429,"gmtCreate":1616392025961,"gmtModify":1704793415051,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359617429","repostId":"2121125826","repostType":4,"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350517334,"gmtCreate":1616229191128,"gmtModify":1704792348888,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Comments pls!","listText":"Comments pls!","text":"Comments pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350517334","repostId":"1117450855","repostType":4,"repost":{"id":"1117450855","kind":"news","pubTimestamp":1616166767,"share":"https://ttm.financial/m/news/1117450855?lang=&edition=fundamental","pubTime":"2021-03-19 23:12","market":"us","language":"en","title":"Powell says Fed will keep supporting economy ‘for as long as it takes’","url":"https://stock-news.laohu8.com/highlight/detail?id=1117450855","media":"marketwatch","summary":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o","content":"<blockquote>\n <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b>\n</blockquote>\n<p>Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p>\n<p>In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p>\n<p>“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p>\n<p>Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p>\n<p>The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p>\n<p>With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p>\n<p>In the op-ed, Powell said the situation “is much improved.”</p>\n<p>“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p>\n<p>“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p>\n<p>On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p>\n<p>The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p>\n<p>Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p>\n<p>Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell says Fed will keep supporting economy ‘for as long as it takes’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell says Fed will keep supporting economy ‘for as long as it takes’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 23:12 GMT+8 <a href=https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” ...</p>\n\n<a href=\"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117450855","content_text":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”\nIn an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.\n“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.\nPowell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.\nThe central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.\nWith economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.\nIn the op-ed, Powell said the situation “is much improved.”\n“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.\n“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.\nOn Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.\nThe Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.\nYields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.\nStocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324886196,"gmtCreate":1615982878115,"gmtModify":1704789274779,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Like my comment plssss","listText":"Like my comment plssss","text":"Like my comment plssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324886196","repostId":"2120855851","repostType":4,"repost":{"id":"2120855851","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1615977678,"share":"https://ttm.financial/m/news/2120855851?lang=&edition=fundamental","pubTime":"2021-03-17 18:41","market":"us","language":"en","title":"China's Pinduoduo quarterly revenue more than doubles","url":"https://stock-news.laohu8.com/highlight/detail?id=2120855851","media":"Reuters","summary":"March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenu","content":"<p>March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenue on Wednesday, thanks to online shoppers buying everything from groceries to luxury products from the comfort of their homes.</p><p>Pinduoduo allows buyers to avail greater discounts when shopping with more number of people - something that seems to have attracted consumers who have less spendable income due to the impact of the COVID-19 pandemic.</p><p>The Shanghai-based company's annual active users jumped during the pandemic-hit year, helping Pinduoduo overtake larger rival Alibaba Group to become China's largest e-commerce platform by consumers.</p><p>Pinduoduo reported 788.4 million active buyers in 2020, while Alibaba had recorded 779 million active buyers during the same period.</p><p>Total revenues rose to 26.55 billion yuan ($4.08 billion) in the fourth quarter ended Dec. 31, topping analysts' estimates of 19.22 billion yuan, according to IBES data from Refinitiv.</p><p>Net loss narrowed to 1.38 billion yuan from 1.75 billion yuan a year earlier. ($1 = 6.5027 Chinese yuan renminbi)</p><p><img src=\"https://static.tigerbbs.com/a078408adff2929b7f4ef1c2cb6f4ea5\" tg-width=\"1045\" tg-height=\"546\"></p><p><b>Fourth Quarter 2020 Highlights</b></p><ul><li><b>GMV1</b> in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b> in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b> in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b> in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b> in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul><p>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b> were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><b>Fiscal Year 2020 Financial Results</b></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Recent Development</b></p><p>As of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</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>China's Pinduoduo quarterly revenue more than doubles</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\">\nChina's Pinduoduo quarterly revenue more than doubles\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\">2021-03-17 18:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenue on Wednesday, thanks to online shoppers buying everything from groceries to luxury products from the comfort of their homes.</p><p>Pinduoduo allows buyers to avail greater discounts when shopping with more number of people - something that seems to have attracted consumers who have less spendable income due to the impact of the COVID-19 pandemic.</p><p>The Shanghai-based company's annual active users jumped during the pandemic-hit year, helping Pinduoduo overtake larger rival Alibaba Group to become China's largest e-commerce platform by consumers.</p><p>Pinduoduo reported 788.4 million active buyers in 2020, while Alibaba had recorded 779 million active buyers during the same period.</p><p>Total revenues rose to 26.55 billion yuan ($4.08 billion) in the fourth quarter ended Dec. 31, topping analysts' estimates of 19.22 billion yuan, according to IBES data from Refinitiv.</p><p>Net loss narrowed to 1.38 billion yuan from 1.75 billion yuan a year earlier. ($1 = 6.5027 Chinese yuan renminbi)</p><p><img src=\"https://static.tigerbbs.com/a078408adff2929b7f4ef1c2cb6f4ea5\" tg-width=\"1045\" tg-height=\"546\"></p><p><b>Fourth Quarter 2020 Highlights</b></p><ul><li><b>GMV1</b> in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b> in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b> in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b> in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b> in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul><p>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b> were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><b>Fiscal Year 2020 Financial Results</b></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Recent Development</b></p><p>As of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</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":"2120855851","content_text":"March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenue on Wednesday, thanks to online shoppers buying everything from groceries to luxury products from the comfort of their homes.Pinduoduo allows buyers to avail greater discounts when shopping with more number of people - something that seems to have attracted consumers who have less spendable income due to the impact of the COVID-19 pandemic.The Shanghai-based company's annual active users jumped during the pandemic-hit year, helping Pinduoduo overtake larger rival Alibaba Group to become China's largest e-commerce platform by consumers.Pinduoduo reported 788.4 million active buyers in 2020, while Alibaba had recorded 779 million active buyers during the same period.Total revenues rose to 26.55 billion yuan ($4.08 billion) in the fourth quarter ended Dec. 31, topping analysts' estimates of 19.22 billion yuan, according to IBES data from Refinitiv.Net loss narrowed to 1.38 billion yuan from 1.75 billion yuan a year earlier. ($1 = 6.5027 Chinese yuan renminbi)Fourth Quarter 2020 HighlightsGMV1 in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.Total revenues in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.Average monthly active users3 in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.Active buyers4 in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.Annual spending per active buyer5 in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”Fourth Quarter 2020 Unaudited Financial ResultsTotal revenueswereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and others were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.Revenues from transaction serviceswereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.Revenues from merchandise saleswereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.Total costs of revenueswereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.Sales and marketing expenseswereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.Research and development expenseswereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.Non-GAAP operating loss6wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.Net loss attributable to ordinary shareholderswasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.Basic and diluted net loss per ADSwereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.Non-GAAP basic and diluted net loss per ADSwereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.Net cash flow from operating activitieswasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.Fiscal Year 2020 Financial ResultsTotal revenueswereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.Revenues from transaction serviceswereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.Revenues from merchandise saleswereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.Total costs of revenueswereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.Sales and marketing expenseswereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.Research and development expenseswereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.Non-GAAP operating losswasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.Net loss attributable to ordinary shareholderswasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.Basic and diluted net loss per ADSwereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.Net cash provided by operating activitieswasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.Recent DevelopmentAs of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325940194,"gmtCreate":1615859513218,"gmtModify":1704787562189,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/325940194","repostId":"2119170941","repostType":4,"repost":{"id":"2119170941","kind":"news","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":1615858807,"share":"https://ttm.financial/m/news/2119170941?lang=&edition=fundamental","pubTime":"2021-03-16 09:40","market":"us","language":"en","title":"What Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2119170941","media":"Benzinga","summary":"Tesla, Inc. revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.The Tesla Analyst: Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.The Tesla Thesis: The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.The new title of \"Master of Coin\" given to CFO Z","content":"<p><img src=\"https://static.tigerbbs.com/bd2a4e1cc0ee6c602a1d76dff5e53292\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Tesla, Inc. </b>(NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.</p>\n<p><b>The Tesla Analyst: </b> Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.</p>\n<p><b>The Tesla Thesis: </b> The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.</p>\n<p>The new title of \"Master of Coin\" given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.</p>\n<p>The company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.</p>\n<p>Jerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.</p>\n<p>Over the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.</p>\n<p>\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"</p>\n<p>Tesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.</p>\n<p><b>TSLA Price Action: </b>At last check, Tesla shares were down 0.17% to $693.52.</p>\n<p><b>Latest Ratings for TSLA</b></p>\n<table>\n <tbody>\n <tr>\n <th>Date</th>\n <th>Firm</th>\n <th>Action</th>\n <th>From</th>\n <th>To</th>\n </tr>\n </tbody>\n <tbody>\n <tr>\n <td>Mar 2021</td>\n <td>Mizuho</td>\n <td>Initiates Coverage On</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Mar 2021</td>\n <td>New Street</td>\n <td>Upgrades</td>\n <td>Neutral</td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Feb 2021</td>\n <td><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a></td>\n <td>Maintains</td>\n <td></td>\n <td>Overweight</td>\n </tr>\n </tbody>\n</table>","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>What Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans</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; 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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\">\nWhat Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans\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\">2021-03-16 09:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/bd2a4e1cc0ee6c602a1d76dff5e53292\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Tesla, Inc. </b>(NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.</p>\n<p><b>The Tesla Analyst: </b> Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.</p>\n<p><b>The Tesla Thesis: </b> The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.</p>\n<p>The new title of \"Master of Coin\" given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.</p>\n<p>The company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.</p>\n<p>Jerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.</p>\n<p>Over the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.</p>\n<p>\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"</p>\n<p>Tesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.</p>\n<p><b>TSLA Price Action: </b>At last check, Tesla shares were down 0.17% to $693.52.</p>\n<p><b>Latest Ratings for TSLA</b></p>\n<table>\n <tbody>\n <tr>\n <th>Date</th>\n <th>Firm</th>\n <th>Action</th>\n <th>From</th>\n <th>To</th>\n </tr>\n </tbody>\n <tbody>\n <tr>\n <td>Mar 2021</td>\n <td>Mizuho</td>\n <td>Initiates Coverage On</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Mar 2021</td>\n <td>New Street</td>\n <td>Upgrades</td>\n <td>Neutral</td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Feb 2021</td>\n <td><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a></td>\n <td>Maintains</td>\n <td></td>\n <td>Overweight</td>\n </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119170941","content_text":"Tesla, Inc. (NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.\nThe Tesla Analyst: Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.\nThe Tesla Thesis: The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.\nThe new title of \"Master of Coin\" given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.\nThe company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.\nJerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.\nOver the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.\n\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"\nTesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.\nTSLA Price Action: At last check, Tesla shares were down 0.17% to $693.52.\nLatest Ratings for TSLA\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nMar 2021\nMizuho\nInitiates Coverage On\n\nBuy\n\n\nMar 2021\nNew Street\nUpgrades\nNeutral\nBuy\n\n\nFeb 2021\nMorgan Stanley\nMaintains\n\nOverweight","news_type":1},"isVote":1,"tweetType":1,"viewCount":564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328870562,"gmtCreate":1615515381156,"gmtModify":1704783945368,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328870562","repostId":"2118242934","repostType":4,"repost":{"id":"2118242934","kind":"highlight","pubTimestamp":1615508666,"share":"https://ttm.financial/m/news/2118242934?lang=&edition=fundamental","pubTime":"2021-03-12 08:24","market":"us","language":"en","title":"Baidu seeks up to $4.8 billion in Hong Kong second listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2118242934","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu seeks up to $4.8 billion in Hong Kong second listing</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\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","BIDU":"百度"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. Other companies looking at selling shares in the city include Tencent Music Entertainment Group and video company Bilibili.\nAutohome raised US$688 million after pricing its Hong Kong share sale at about a 5.5 per cent discount to its last closing price in New York on Monday.\nA growing cohort of US-traded Chinese firms have been listing in Hong Kong amid deteriorating relations between the world's two biggest economies. The second listings enable the companies to expand their investor bases closer to their home markets.\nThe trend has boosted the listing volumes of Hong Kong's bourse, which now has a growing contingent of tech companies listed there. The city has had a bumper start to the year for initial public offerings, such as video startup Kuaishou Technology's US$6.2 billion debut in February. The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321258446,"gmtCreate":1615442835585,"gmtModify":1704782827723,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321258446","repostId":"1168853647","repostType":4,"repost":{"id":"1168853647","kind":"news","pubTimestamp":1615436750,"share":"https://ttm.financial/m/news/1168853647?lang=&edition=fundamental","pubTime":"2021-03-11 12:25","market":"us","language":"en","title":"Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853647","media":"investors","summary":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks ","content":"<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?</p>\n<p>Sellers were in<b>Alibaba</b>(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.</p>\n<p>Adjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.</p>\n<p>\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.</p>\n<p>Alibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.</p>\n<p><b>Sellers Hit BABA Stock</b></p>\n<p>Sellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.</p>\n<p>Sellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.</p>\n<p>BABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba and<b>JD.com</b>(JD), among others. It's had a hard time attracting buyers since then.</p>\n<p><b>Alibaba Stock Fundamental Analysis</b></p>\n<p>With a five-year annualized earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.</p>\n<p>Expectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.</p>\n<p>The company has been able to stay in growth mode despite a slowdown in its core e-commerce business.</p>\n<p>Alibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.</p>\n<p>Alibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete with<b>Tencent</b>(TCEHY)-owned Meituan.</p>\n<p>Sales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement with<b>Walt Disney</b>(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.</p>\n<p>And just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.</p>\n<p><b>Top-Rated Stock</b></p>\n<p>Alibaba's Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.</p>\n<p>Still, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.</p>\n<p>But earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.</p>\n<p>Alibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.</p>\n<p>Mobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.</p>\n<p><b>Top Fundamentals</b></p>\n<p>Annual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup. With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.</p>\n<p>For its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.</p>\n<p><b>Etsy</b>(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-based<b>JD.com</b>(JD),<b>Vipshop</b>(VIPS) and<b>Shutterstock</b>(SSTK).</p>\n<p><b>Alibaba Stock Technical Analysis</b></p>\n<p>After a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.</p>\n<p>A 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.</p>\n<p><img src=\"https://static.tigerbbs.com/e27938fbb38634242f13196ad341bed4\" tg-width=\"1162\" tg-height=\"586\"></p>\n<p>Alibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.</p>\n<p><b>Improving RS Line</b></p>\n<p>Alibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.</p>\n<p>Alibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&P 500. An upward-sloping RS line means the stock is outperforming the S&P 500. A downward-sloping line means the stock is lagging the S&P 500.</p>\n<p><b>The bottom line</b>: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.</p>\n<p>Risk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.</p>","source":"lsy1610449120050","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 12:25 GMT+8 <a href=https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as ...</p>\n\n<a href=\"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168853647","content_text":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.\nAdjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.\n\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.\nAlibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.\nSellers Hit BABA Stock\nSellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.\nSellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.\nBABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba andJD.com(JD), among others. It's had a hard time attracting buyers since then.\nAlibaba Stock Fundamental Analysis\nWith a five-year annualized earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.\nExpectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.\nThe company has been able to stay in growth mode despite a slowdown in its core e-commerce business.\nAlibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.\nAlibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete withTencent(TCEHY)-owned Meituan.\nSales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement withWalt Disney(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.\nAnd just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.\nTop-Rated Stock\nAlibaba's Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.\nStill, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.\nBut earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.\nAlibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.\nMobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.\nTop Fundamentals\nAnnual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup. With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.\nFor its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.\nEtsy(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-basedJD.com(JD),Vipshop(VIPS) andShutterstock(SSTK).\nAlibaba Stock Technical Analysis\nAfter a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.\nA 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.\n\nAlibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.\nImproving RS Line\nAlibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.\nAlibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&P 500. An upward-sloping RS line means the stock is outperforming the S&P 500. A downward-sloping line means the stock is lagging the S&P 500.\nThe bottom line: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.\nRisk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321304957,"gmtCreate":1615391888379,"gmtModify":1704782211422,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Pls like my comment n comment here pls!","listText":"Pls like my comment n comment here pls!","text":"Pls like my comment n comment here pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/321304957","repostId":"2118672048","repostType":4,"repost":{"id":"2118672048","kind":"news","pubTimestamp":1615391767,"share":"https://ttm.financial/m/news/2118672048?lang=&edition=fundamental","pubTime":"2021-03-10 23:56","market":"us","language":"en","title":"Why AMC Entertainment Stock Popped (Again) Before Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2118672048","media":"Motley Fool","summary":"One analyst says it's time to sell AMC -- but investors are ignoring that advice.","content":"<h2>What happened</h2>\n<p>Movie theater chain owner and certified meme stock <b>AMC Entertainment </b>(NYSE:AMC) reports its Q4 earnings this evening. Analysts aren't optimistic (indeed, as you'll see, some are decidedly <i>pessimistic</i>) about its chances, forecasting a $3.61-per-share loss for the quarter on an 89% revenue decline -- but investors don't care.</p>\n<p>They're bidding AMC shares up, and the stock has already risen 15.2% through 10:20 a.m. EST.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79229b05289dd91daed033d24bb89dd0\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>So what</h2>\n<p>Not all investors are so enthusiastic, though. In fact, just hours before the report, analysts at independent equity research firm LightShed Partners released a sell rating for AMC stock this morning.</p>\n<p>The \"future of movie-going is not in doubt,\" opined the analyst in a note covered by TheFly.com. Once the pandemic goes away, folks will return to theaters to watch movies on the big screen. But the same may not be true for AMC.</p>\n<p>\"The future of AMC Theaters, however, is very much in doubt,\" warns the analyst, because AMC is \"over-levered\" with more than $11.3 billion in debt, cash poor, and unable to earn much more cash until people feel comfortable coming back to the theater.</p>\n<h2>Now what</h2>\n<p>Of course, that's probably what investors are betting on this morning. With coronavirus still in full swing, the chances of AMC reporting a profit this evening are vanishingly small. What might happen, though, is that management might say something optimistic about the future, something that might keep hope alive that AMC will survive, as opposed to just going bankrupt and then reorganizing itself to resume doing business once the pandemic has passed.</p>\n<p>LightShed thinks that's the more likely scenario, I fear, and values AMC's chances of surviving the recession at no more than $0.01 per share.</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 AMC Entertainment Stock Popped (Again) Before Earnings</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 AMC Entertainment Stock Popped (Again) Before Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:56 GMT+8 <a href=https://www.fool.com/investing/2021/03/10/why-amc-entertainment-stock-popped-again-before-ea/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nMovie theater chain owner and certified meme stock AMC Entertainment (NYSE:AMC) reports its Q4 earnings this evening. Analysts aren't optimistic (indeed, as you'll see, some are ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/10/why-amc-entertainment-stock-popped-again-before-ea/\">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/2021/03/10/why-amc-entertainment-stock-popped-again-before-ea/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118672048","content_text":"What happened\nMovie theater chain owner and certified meme stock AMC Entertainment (NYSE:AMC) reports its Q4 earnings this evening. Analysts aren't optimistic (indeed, as you'll see, some are decidedly pessimistic) about its chances, forecasting a $3.61-per-share loss for the quarter on an 89% revenue decline -- but investors don't care.\nThey're bidding AMC shares up, and the stock has already risen 15.2% through 10:20 a.m. EST.\nImage source: Getty Images.\nSo what\nNot all investors are so enthusiastic, though. In fact, just hours before the report, analysts at independent equity research firm LightShed Partners released a sell rating for AMC stock this morning.\nThe \"future of movie-going is not in doubt,\" opined the analyst in a note covered by TheFly.com. Once the pandemic goes away, folks will return to theaters to watch movies on the big screen. But the same may not be true for AMC.\n\"The future of AMC Theaters, however, is very much in doubt,\" warns the analyst, because AMC is \"over-levered\" with more than $11.3 billion in debt, cash poor, and unable to earn much more cash until people feel comfortable coming back to the theater.\nNow what\nOf course, that's probably what investors are betting on this morning. With coronavirus still in full swing, the chances of AMC reporting a profit this evening are vanishingly small. What might happen, though, is that management might say something optimistic about the future, something that might keep hope alive that AMC will survive, as opposed to just going bankrupt and then reorganizing itself to resume doing business once the pandemic has passed.\nLightShed thinks that's the more likely scenario, I fear, and values AMC's chances of surviving the recession at no more than $0.01 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321305036,"gmtCreate":1615391829525,"gmtModify":1704782209968,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321305036","repostId":"2118696039","repostType":4,"repost":{"id":"2118696039","kind":"news","pubTimestamp":1615388861,"share":"https://ttm.financial/m/news/2118696039?lang=&edition=fundamental","pubTime":"2021-03-10 23:07","market":"us","language":"en","title":"American Air Borrowing $10 Billion in Record Airline Debt Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2118696039","media":"Bloomberg","summary":"Combined size of bond, loan offering outweighs United, Delta\nDeal backed by frequent-flyer program w","content":"<ul>\n <li>Combined size of bond, loan offering outweighs United, Delta</li>\n <li>Deal backed by frequent-flyer program will repay Treasury loan</li>\n</ul>\n<p>American Airlines Group Inc.has boosted the size and cut borrowing costs on what’s now a $10 billion debt deal backed by its frequent-flyerprogram, making it the largest ever by an airline.</p>\n<p>The carrier is now selling $6.5 billion ofbondsand $3.5 billion ofloans, up from $5 billion and $2.5 billion, respectively, according to people familiar with the matter. Each of the bond tranches, which mature in five and eight years, may yield around 5.75% and 6%, respectively, lower than initial discussions in the low-to-high 6% range.</p>\n<p>The size of the combined bond and loan offering marks the largest-ever debt sale by an airline. American’s record deal surpasses Delta Air Lines Inc.’s $9 billionsalein September, and a $6.8 billiontransactionfrom United Airlines Holdings Inc.in June.</p>\n<p><img src=\"https://static.tigerbbs.com/f0a3c24bcf4f01a454329fb3498ac84f\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>All three used a special structure, pioneered by United, that backstops the debt with the company’s frequent-flyerprogram. Extracting value from rewards programs has become a critical lifeline for carriers that have faced disrupted air travel for more than a year due to the Covid-19 pandemic.</p>\n<p>Loyalty programs carry a lot of value -- around $18 billion to $30 billion, inAmerican’s case-- which in part contributes to higher credit ratings on such deals. That’s helped drive investor demand at a time when air traffic levels are still well below the norm. Moody’s Investors ServiceratesAmerican’s new bonds Ba2, or two steps below investment grade, while its corporate issuer rating is three notches lower.</p>\n<p><img src=\"https://static.tigerbbs.com/d3a4d0e12c2c9e2cb2e1dcb4e895c3d5\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Proceeds from American’s offering will help refinance its $7.5 billion Treasury loan, of which $550 million has been drawn to date, according to an investorpresentationMonday. The remaining proceeds will be used for general corporate purposes.</p>\n<p>Books close on the bonds at 11 a.m. in New York on Wednesday, with pricing expected thereafter, the people added, asking not to be identified discussing a private transaction. Commitments on theloanhave been accelerated by one day to Wednesday.</p>\n<p>American is returning to the market at a ripe time for borrowers: Funding costs are athistorically low levelsand risk appetite has been soaring as investors rush to get their hands on higher-paying assets. The airline borrowed $2.5 billion in June at an all-in yieldof 12%.</p>\n<p></p>\n<p></p>","source":"lsy1584095487587","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>American Air Borrowing $10 Billion in Record Airline Debt Sale</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\">\nAmerican Air Borrowing $10 Billion in Record Airline Debt Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:07 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-03-10/american-air-boosts-debt-sale-to-10-billion-amid-strong-demand?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Combined size of bond, loan offering outweighs United, Delta\nDeal backed by frequent-flyer program will repay Treasury loan\n\nAmerican Airlines Group Inc.has boosted the size and cut borrowing costs on...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-10/american-air-boosts-debt-sale-to-10-billion-amid-strong-demand?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAL":"美国航空","UAL":"联合大陆航空"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-10/american-air-boosts-debt-sale-to-10-billion-amid-strong-demand?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118696039","content_text":"Combined size of bond, loan offering outweighs United, Delta\nDeal backed by frequent-flyer program will repay Treasury loan\n\nAmerican Airlines Group Inc.has boosted the size and cut borrowing costs on what’s now a $10 billion debt deal backed by its frequent-flyerprogram, making it the largest ever by an airline.\nThe carrier is now selling $6.5 billion ofbondsand $3.5 billion ofloans, up from $5 billion and $2.5 billion, respectively, according to people familiar with the matter. Each of the bond tranches, which mature in five and eight years, may yield around 5.75% and 6%, respectively, lower than initial discussions in the low-to-high 6% range.\nThe size of the combined bond and loan offering marks the largest-ever debt sale by an airline. American’s record deal surpasses Delta Air Lines Inc.’s $9 billionsalein September, and a $6.8 billiontransactionfrom United Airlines Holdings Inc.in June.\n\nAll three used a special structure, pioneered by United, that backstops the debt with the company’s frequent-flyerprogram. Extracting value from rewards programs has become a critical lifeline for carriers that have faced disrupted air travel for more than a year due to the Covid-19 pandemic.\nLoyalty programs carry a lot of value -- around $18 billion to $30 billion, inAmerican’s case-- which in part contributes to higher credit ratings on such deals. That’s helped drive investor demand at a time when air traffic levels are still well below the norm. Moody’s Investors ServiceratesAmerican’s new bonds Ba2, or two steps below investment grade, while its corporate issuer rating is three notches lower.\n\nProceeds from American’s offering will help refinance its $7.5 billion Treasury loan, of which $550 million has been drawn to date, according to an investorpresentationMonday. The remaining proceeds will be used for general corporate purposes.\nBooks close on the bonds at 11 a.m. in New York on Wednesday, with pricing expected thereafter, the people added, asking not to be identified discussing a private transaction. Commitments on theloanhave been accelerated by one day to Wednesday.\nAmerican is returning to the market at a ripe time for borrowers: Funding costs are athistorically low levelsand risk appetite has been soaring as investors rush to get their hands on higher-paying assets. The airline borrowed $2.5 billion in June at an all-in yieldof 12%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329421340,"gmtCreate":1615271822480,"gmtModify":1704780395591,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329421340","repostId":"1143436063","repostType":4,"repost":{"id":"1143436063","kind":"news","pubTimestamp":1615262794,"share":"https://ttm.financial/m/news/1143436063?lang=&edition=fundamental","pubTime":"2021-03-09 12:06","market":"us","language":"en","title":"China State Funds Buy Stocks to Stem Worsening Rout","url":"https://stock-news.laohu8.com/highlight/detail?id=1143436063","media":"Bloomberg","summary":"(Bloomberg) -- Chinese state-backed funds were said to intervene on Tuesday to alleviate declines in","content":"<p>(Bloomberg) -- Chinese state-backed funds were said to intervene on Tuesday to alleviate declines in the stock market, a sign that the rout had gone too far for policy makers.</p><p>The funds, known as China’s “national team,” stepped in to ensure stability during the government’s key policy meeting in Beijing, according to people familiar with the matter. A Hong Kong-based trader, who declined to be identified discussing client business, said entities linked to mainland funds were actively buying shares through stock links with Hong Kong on Tuesday.</p><p>The CSI 300 Index of stocks erased a loss of as much as 3.2% to trade 0.2% higher as of 11:18 a.m. local time. The gauge on Monday posted its steepest decline since July to fall below its 100-day moving average. The champions that drove the recent rally are falling fastest; Kweichow Moutai Co. has lost 25% from last month’s peak, wiping out almost $130 billion in value.</p><p>China’s government-related entities tend to be market stabilizers during downturns after five mutual funds were formed in 2015 to purchase stocks during the crash. Though their fate was uncertain after a reported liquidation in 2018, evidence of intervention includes buying through trading links with Hong Kong.</p><p>Historically, Beijing has supported markets when needed around significant events or dates. On Friday, the first day of the National People’s Congress, the CSI 300 ended the day down 0.3% after falling as much 2%.</p><p>Authorities had in many ways encouraged the recent correction in stocks after the CSI 300 briefly surpassed its closing record last month: officials repeatedly warned of asset bubbles and said that curbing risks in the financial system was this year’s key policy goal.</p><p>(Updates throughout)</p>","source":"lsy1584095487587","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>China State Funds Buy Stocks to Stem Worsening Rout</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\">\nChina State Funds Buy Stocks to Stem Worsening Rout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-09 12:06 GMT+8 <a href=https://finance.yahoo.com/news/china-state-funds-buy-stocks-024740712.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Chinese state-backed funds were said to intervene on Tuesday to alleviate declines in the stock market, a sign that the rout had gone too far for policy makers.The funds, known as China...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-state-funds-buy-stocks-024740712.html\">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://finance.yahoo.com/news/china-state-funds-buy-stocks-024740712.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143436063","content_text":"(Bloomberg) -- Chinese state-backed funds were said to intervene on Tuesday to alleviate declines in the stock market, a sign that the rout had gone too far for policy makers.The funds, known as China’s “national team,” stepped in to ensure stability during the government’s key policy meeting in Beijing, according to people familiar with the matter. A Hong Kong-based trader, who declined to be identified discussing client business, said entities linked to mainland funds were actively buying shares through stock links with Hong Kong on Tuesday.The CSI 300 Index of stocks erased a loss of as much as 3.2% to trade 0.2% higher as of 11:18 a.m. local time. The gauge on Monday posted its steepest decline since July to fall below its 100-day moving average. The champions that drove the recent rally are falling fastest; Kweichow Moutai Co. has lost 25% from last month’s peak, wiping out almost $130 billion in value.China’s government-related entities tend to be market stabilizers during downturns after five mutual funds were formed in 2015 to purchase stocks during the crash. Though their fate was uncertain after a reported liquidation in 2018, evidence of intervention includes buying through trading links with Hong Kong.Historically, Beijing has supported markets when needed around significant events or dates. On Friday, the first day of the National People’s Congress, the CSI 300 ended the day down 0.3% after falling as much 2%.Authorities had in many ways encouraged the recent correction in stocks after the CSI 300 briefly surpassed its closing record last month: officials repeatedly warned of asset bubbles and said that curbing risks in the financial system was this year’s key policy goal.(Updates throughout)","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320775476,"gmtCreate":1615183861995,"gmtModify":1704779226262,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Zzz","listText":"Zzz","text":"Zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/320775476","repostId":"2117663465","repostType":4,"repost":{"id":"2117663465","kind":"highlight","pubTimestamp":1615182054,"share":"https://ttm.financial/m/news/2117663465?lang=&edition=fundamental","pubTime":"2021-03-08 13:40","market":"sh","language":"en","title":"Why China can't end its romance with GDP growth target","url":"https://stock-news.laohu8.com/highlight/detail?id=2117663465","media":"The Straits Times","summary":"BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a c","content":"<div>\n<p>BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China's leaders have ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why China can't end its romance with GDP growth target</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 China can't end its romance with GDP growth target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 13:40 GMT+8 <a href=http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China's leaders have ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117663465","content_text":"BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China's leaders have an ambivalent relationship with the gross domestic product (GDP) target they have set almost every year since the 1990s. It's celebrated as the key to mobilizing millions of bureaucrats who compete for promotions by increasing growth rates in their provinces, and blamed for social evils from pollution to excessive investment and fake statistics.Uncertainties caused by the coronavirus pandemic led Beijing to drop the numerical goal last year, and there were expectations party leaders would do the same for 2021. Instead, China's Premier Li Keqiang on Friday (March 5) set an objective of more than 6 per cent growth, with annual targets likely until at least 2025.Growing awareness of environmental destruction caused by the single-minded pursuit of GDP - a measure of the value of newly-produced goods and services in the economy - led the central government to begin warning about over-reliance on the goal more than a decade ago.Regional officials had other ideas, competing to beat national targets by pursuing often-wasteful investment projects, due partly to a promotion assessment system that prioritized growth. The problem worsened after the global financial crisis as banks opened credit floodgates.Influential officials like Ma Jun, a member of the central bank's monetary policy committee, have recently argued for permanently dropping the target, as part of Beijing's drive to lower debt-levels in the economy. Investment banks such as JPMorgan Chase & Co and Nomura Holdings predicted there wouldn't be a target this year.But just days before MR Li's speech at the National People's Congress, there was pushback: well-connected economists declared that a specific target was needed as an \"anchor\" for the economy, with policy running the risk of becoming confused without it. Zhang Liqun, a researcher at a central government think-tank, told state media that \"without a certain pace of expansion, the quality of the economy doesn't have support.\"Those in favoUr of dropping the target say other goals should be prioritized, like raising household incomes, investing in education and technology, cutting debt-levels or reducing carbon emissions.Even though it wasn't abandoned, this year's growth goal is the least ambitious in decades. Because of the pandemic-induced slump in the first half of 2020, China can easily meet it just by maintaining current levels of economic output. Meanwhile, economists in a Bloomberg survey forecast 8.4 per cent expansion this year.The lower target will encourage officials to focus on longer-term goals to create more \"sustainable growth,\" Li said.\"I think that's a much better number than 8 per cent,\" Michael Pettis, a fellow at the Carnegie-Tsinghua Center in Beijing, said in an interview with Bloomberg TV. \"If they had gone for 8 per cent that would have been a terrible signal. 6 per cent is manageable with high quality growth. Anything else requires a significant increase in non-productive investment and, of course, in debt.\"For the first time in decades, China's five-year plan to 2025 lacks a target for average growth, but annual goals will be made. GDP is still a \"core indicator,\" but the annual economic situation is easier to judge than a five-year outlook, Hu Zucai, a deputy director of China's top state planning agency said on Monday.Retaining the target partly reflects how difficult it is to find an alternative to assess the performance of the millions of local officials in China. Metrics combining economic and environmental goals have been tested locally but failed to catch on.\"Gathering appropriate data can be difficult,\" said Joan van Heijster, a researcher on China's political economy at the University of Amsterdam. \"This is a disadvantage of new indicators compared to the standardized and widely used GDP.\"Jobs goalThe alternative goal most often proposed, unemployment, is unreliably-measured in China and can be gamed by local officials by ordering state companies to add staff to payrolls without paying them.\"Putting employment as the priority target is a problem from an operational perspective,\" said Zhu Haibin, chief China economist at JPMorgan.If the GDP goal can't be eliminated entirely, it can be de-emphasised. That's been the trend since President Xi Jinping assumed the party leadership in 2012. The following year the Communist Party's powerful Organization Department, which controls official promotions, cautioned against \"simple reliance\" on GDP growth for assessing officials. Mentions of GDP in the party's official newspaper have since plummeted.Under Mr Xi, top officials have been taken to task for their overzealousness. Zhou Benshun, the former Communist Party chief in the northern province of Hebei, made a televised admission of failings in 2013, saying: \"I cared very much about development speed and economic volumes.\" He was later detained on corruption charges.\"In most areas it is no longer the sole target criteria for cadres' evaluation but combined with other factors such as environment, social stability, local income, budget and tax income,\" said Thomas Heberer, a professor at the University of Duisburg-Essen.The number of provinces that have repeatedly failed to meet national growth targets has surged during Xi's tenure, with no apparent political consequences for their leadership, according to Houze Song, a research fellow at the Paulson Institute, a U.S. think-tank.Provinces have also moderated their GDP goals, which used to be consistently much higher than the national target. That \"shows that the association between GDP growth and cadre promotion had been relaxed, despite a clear time-lag,\" said Yuxi Zhang, a researcher at Oxford University. That foreshadows the approach taken nationally this year, reducing the target to allow a focus on other goals, without being able to abandon it entirely.After decades of use, targeting a growth rate is partly \"locked-in,\" Ms Zhang said. \"Everyone hates it, but everyone understands it,\" she added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367392342,"gmtCreate":1614908612386,"gmtModify":1704776837151,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Adding oil to the flames only... and then picking up the shares....","listText":"Adding oil to the flames only... and then picking up the shares....","text":"Adding oil to the flames only... and then picking up the shares....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367392342","repostId":"1151606825","repostType":4,"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365714808,"gmtCreate":1614780039304,"gmtModify":1704775120736,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Sup","listText":"Sup","text":"Sup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365714808","repostId":"1173765086","repostType":4,"repost":{"id":"1173765086","kind":"news","pubTimestamp":1614779616,"share":"https://ttm.financial/m/news/1173765086?lang=&edition=fundamental","pubTime":"2021-03-03 21:53","market":"us","language":"en","title":"3 Value Stocks That'll Make You Richer in March (and Beyond)","url":"https://stock-news.laohu8.com/highlight/detail?id=1173765086","media":"motley fool","summary":"These deeply discounted stocks are perfect for patient investors.For more than a decade, growth stoc","content":"<blockquote><b>These deeply discounted stocks are perfect for patient investors.</b></blockquote><p>For more than a decade, growth stocks have left value stocks eating their dust. Historically low lending rates and a record-long bull-market run have wet the appetites of investors looking for game-changing growth stocks.</p><p>However, a 90-year study (1926-2015) from<b>Bank of America</b>/Merrill Lynch finds that value stockshave been the better performer over the long-term. What's more, value stocks have historically outperformed during the early years of an economic recovery. With the<b>S&P 500</b>'s Shiller price-to-earnings ratio higher than it's been in nearly two decades, a focus on value may well be warranted.</p><p>As we move headlong into March, the following threevalue stocksstand out as particularly attractive and more than capable of making investors a whole lot richer.</p><p><b>1. AGNC Investment Corp.</b></p><p>The first stock value investors are going to want to consider getting into their portfolio is mortgage real estate investment trust (REIT)<b>AGNC Investment Corp.</b>(NASDAQ:AGNC).</p><p>Without getting overly technical, mortgage REITs are companies that borrow money at generally low short-term rates and buy assets (e.g., mortgage-backed securities (MBS)) that have higher long-term yields. The difference between the yield they receive and the yield they pay to borrow is known as the net interest margin (NIM). The wider the NIM, the more money mortgage REITs make. Pretty straightforward, right?</p><p>The most important thing for mortgage REITs like AGNC Investment is the yield curve. When the yield curve is flattening or the Federal Reserve is making rapid changes to interest rates, mortgage REITs often see their NIM shrink. Comparatively, when the yield curve steepens, which often occurs for the first few years of an economic recovery, NIM expands. With the yield curve steepening, AGNC should be able touse leverage to its advantageto further pump up its profits.</p><p>Something else investors might find interesting about AGNC is that italmost exclusively invests in agency-only securities. This means the MBSs AGNC is buying are backed by the federal government in the event of default. Even though agency assets have lower yields than non-agency securities, this added safety allows AGNC to utilize quite a bit of leverage with confidence.</p><p>AGNC ended last week at 10% below its book value and is on pace to pay out a hearty 9% annual yield to patient investors. It looks to be an especially safe bet in an otherwise volatile market.</p><p><img src=\"https://static.tigerbbs.com/f9505a26148c936d05238ded67238e5b\" tg-width=\"700\" tg-height=\"525\" referrerpolicy=\"no-referrer\"></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><b>2. <a href=\"https://laohu8.com/S/SSRM\">SSR Mining Inc</a> </b></p><p>There may not be an industry that's home to move value stocks at the moment than gold mining.Gold stockshave been hammered since the year began and now look like serious bargains. If you're on the lookout for a cheap stock to add to your portfolio,<b>SSR Mining</b>(NASDAQ:SSRM)could be the company to consider.</p><p>To some degree, all mining companies are at the mercy of the underlying metals they produce. Since peaking seven months ago, the per-ounce price of gold has fallen by about $300. However, it's still up significantly from where it spent much of the past decade, andits outlook remains lustrous. The Federal Reserve's quantitative easing measures (i.e., monthly Treasury bond-buying), coupled with ongoing fiscal stimulus, will likely balloon the U.S. money supply and pressure the dollar. Since the U.S. dollar and gold have an inverse relationship, this bodes well for the yellow metal.</p><p>Beyond just a higher gold price, SSR Mining stands tobenefit from its merger-of-equalswith Turkey's Alacer Gold. The deal, which was completed last year, nearly doubled SSR's output potential to between 720,000 gold equivalent ounces (GEO) and 800,000 GEO per year. More than 85% of this production is gold, with the Puna Operations in Argentina kicking in between 6 million and 7 million ounces of silver in 2021.</p><p>Although SSR Mining's all-in sustaining costs (AISC) of $1,050/gold ounce to $1,110/gold ounce in 2021 is a bit higher than its peers, this has to do with the company increasing capital expenditures at its longtime flagship Marigold mine, as well as advancing the development of Alacer's Copler mine. Even with this higher AISC, SSR's management is counting on $450 million in free cash flow in each of the next two years.</p><p>Additionally, take note that SSR Mining has one of the healthiest balance sheets in the entire gold industry. It ended the year with $860 million in cash and cash equivalents and a$457 million net-cash position. The company is also set to pay a $0.05 inaugural quarterly dividend on March 31, 2021.</p><p>Investors can scoop up SSR Mining for about 7 times earnings per share in 2021 and roughly 4 times cash flow.</p><p><img src=\"https://static.tigerbbs.com/c927569b8b842ba199fee7ad36859d0a\" tg-width=\"700\" tg-height=\"525\" referrerpolicy=\"no-referrer\"></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><b>3. <a href=\"https://laohu8.com/S/TEVJF\">Teva Pharmaceutical Industries Ltd.</a> </b></p><p>Finally, patient value investors can get richer by adding brand-name and generic drug-developer<b>Teva Pharmaceutical Industries</b>(NYSE:TEVA)to their portfolio.</p><p>Let's not beat around the bush: A stock doesn't decline nearly 90% without some serious faults. A couple of years ago, Teva grossly overpaid for generic drugmaker Actavis, and its previous management team settled bribery charges. More recently, it's faced generic-drug price weakness, and has been hit with a multitude of lawsuits ranging from generic-drug price fixing to its role in the opioid crises. There are valid reasons Teva has been pummeled since 2016.</p><p>But there are an even greater number of reasons to beexcited about its turnaround. Teva's biggest catalyst is its CEO, Kare Schultz. Schultz is a turnaround specialist who took over in November 2017 and is expected to stay with the company through at least November 2023. During his tenure, Teva's net debt has declined from north of $34 billion to less than $24 billion, as of the end of 2020. This has been accomplished by selling non-core assets, reducing operating expenses by roughly $3 billion annually, and using operating cash flow to pay down debt. By the end of 2023, net debt might be below $15 billion.</p><p>Aside from Schultz, Teva also looks to bemoving beyond one of its biggest hurdles: the loss of exclusivity on blockbuster multiple sclerosis drug Copaxone. Once a $4 billion a year drug, Copaxone is expected to generate $1.05 billion in sales in 2021. The good news is that growth from Austedo and Ajovy are now more than cancelling out the annual sales declines in Copaxone.</p><p>With a forward price-to-earnings ratio of just 4, Teva looks as if it's priced for a worst case-scenario. But if Schultz can negotiate settlements with the Justice Department over its remaining lawsuits, and he can do so without the company having to outlay much of its precious cash,Teva's stock could quickly double.</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>3 Value Stocks That'll Make You Richer in March (and Beyond)</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\">\n3 Value Stocks That'll Make You Richer in March (and Beyond)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 21:53 GMT+8 <a href=https://www.fool.com/investing/2021/03/03/3-value-stocks-thatll-make-you-richer-in-march/><strong>motley fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These deeply discounted stocks are perfect for patient investors.For more than a decade, growth stocks have left value stocks eating their dust. Historically low lending rates and a record-long bull-...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/03/3-value-stocks-thatll-make-you-richer-in-march/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AGNC":"美国资本代理公司","TEVA":"梯瓦制药","SSRM":"SSR Mining Inc"},"source_url":"https://www.fool.com/investing/2021/03/03/3-value-stocks-thatll-make-you-richer-in-march/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173765086","content_text":"These deeply discounted stocks are perfect for patient investors.For more than a decade, growth stocks have left value stocks eating their dust. Historically low lending rates and a record-long bull-market run have wet the appetites of investors looking for game-changing growth stocks.However, a 90-year study (1926-2015) fromBank of America/Merrill Lynch finds that value stockshave been the better performer over the long-term. What's more, value stocks have historically outperformed during the early years of an economic recovery. With theS&P 500's Shiller price-to-earnings ratio higher than it's been in nearly two decades, a focus on value may well be warranted.As we move headlong into March, the following threevalue stocksstand out as particularly attractive and more than capable of making investors a whole lot richer.1. AGNC Investment Corp.The first stock value investors are going to want to consider getting into their portfolio is mortgage real estate investment trust (REIT)AGNC Investment Corp.(NASDAQ:AGNC).Without getting overly technical, mortgage REITs are companies that borrow money at generally low short-term rates and buy assets (e.g., mortgage-backed securities (MBS)) that have higher long-term yields. The difference between the yield they receive and the yield they pay to borrow is known as the net interest margin (NIM). The wider the NIM, the more money mortgage REITs make. Pretty straightforward, right?The most important thing for mortgage REITs like AGNC Investment is the yield curve. When the yield curve is flattening or the Federal Reserve is making rapid changes to interest rates, mortgage REITs often see their NIM shrink. Comparatively, when the yield curve steepens, which often occurs for the first few years of an economic recovery, NIM expands. With the yield curve steepening, AGNC should be able touse leverage to its advantageto further pump up its profits.Something else investors might find interesting about AGNC is that italmost exclusively invests in agency-only securities. This means the MBSs AGNC is buying are backed by the federal government in the event of default. Even though agency assets have lower yields than non-agency securities, this added safety allows AGNC to utilize quite a bit of leverage with confidence.AGNC ended last week at 10% below its book value and is on pace to pay out a hearty 9% annual yield to patient investors. It looks to be an especially safe bet in an otherwise volatile market.IMAGE SOURCE: GETTY IMAGES.2. SSR Mining Inc There may not be an industry that's home to move value stocks at the moment than gold mining.Gold stockshave been hammered since the year began and now look like serious bargains. If you're on the lookout for a cheap stock to add to your portfolio,SSR Mining(NASDAQ:SSRM)could be the company to consider.To some degree, all mining companies are at the mercy of the underlying metals they produce. Since peaking seven months ago, the per-ounce price of gold has fallen by about $300. However, it's still up significantly from where it spent much of the past decade, andits outlook remains lustrous. The Federal Reserve's quantitative easing measures (i.e., monthly Treasury bond-buying), coupled with ongoing fiscal stimulus, will likely balloon the U.S. money supply and pressure the dollar. Since the U.S. dollar and gold have an inverse relationship, this bodes well for the yellow metal.Beyond just a higher gold price, SSR Mining stands tobenefit from its merger-of-equalswith Turkey's Alacer Gold. The deal, which was completed last year, nearly doubled SSR's output potential to between 720,000 gold equivalent ounces (GEO) and 800,000 GEO per year. More than 85% of this production is gold, with the Puna Operations in Argentina kicking in between 6 million and 7 million ounces of silver in 2021.Although SSR Mining's all-in sustaining costs (AISC) of $1,050/gold ounce to $1,110/gold ounce in 2021 is a bit higher than its peers, this has to do with the company increasing capital expenditures at its longtime flagship Marigold mine, as well as advancing the development of Alacer's Copler mine. Even with this higher AISC, SSR's management is counting on $450 million in free cash flow in each of the next two years.Additionally, take note that SSR Mining has one of the healthiest balance sheets in the entire gold industry. It ended the year with $860 million in cash and cash equivalents and a$457 million net-cash position. The company is also set to pay a $0.05 inaugural quarterly dividend on March 31, 2021.Investors can scoop up SSR Mining for about 7 times earnings per share in 2021 and roughly 4 times cash flow.IMAGE SOURCE: GETTY IMAGES.3. Teva Pharmaceutical Industries Ltd. Finally, patient value investors can get richer by adding brand-name and generic drug-developerTeva Pharmaceutical Industries(NYSE:TEVA)to their portfolio.Let's not beat around the bush: A stock doesn't decline nearly 90% without some serious faults. A couple of years ago, Teva grossly overpaid for generic drugmaker Actavis, and its previous management team settled bribery charges. More recently, it's faced generic-drug price weakness, and has been hit with a multitude of lawsuits ranging from generic-drug price fixing to its role in the opioid crises. There are valid reasons Teva has been pummeled since 2016.But there are an even greater number of reasons to beexcited about its turnaround. Teva's biggest catalyst is its CEO, Kare Schultz. Schultz is a turnaround specialist who took over in November 2017 and is expected to stay with the company through at least November 2023. During his tenure, Teva's net debt has declined from north of $34 billion to less than $24 billion, as of the end of 2020. This has been accomplished by selling non-core assets, reducing operating expenses by roughly $3 billion annually, and using operating cash flow to pay down debt. By the end of 2023, net debt might be below $15 billion.Aside from Schultz, Teva also looks to bemoving beyond one of its biggest hurdles: the loss of exclusivity on blockbuster multiple sclerosis drug Copaxone. Once a $4 billion a year drug, Copaxone is expected to generate $1.05 billion in sales in 2021. The good news is that growth from Austedo and Ajovy are now more than cancelling out the annual sales declines in Copaxone.With a forward price-to-earnings ratio of just 4, Teva looks as if it's priced for a worst case-scenario. But if Schultz can negotiate settlements with the Justice Department over its remaining lawsuits, and he can do so without the company having to outlay much of its precious cash,Teva's stock could quickly double.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366686191,"gmtCreate":1614474644413,"gmtModify":1704771920889,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Woo","listText":"Woo","text":"Woo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366686191","repostId":"1120523685","repostType":4,"repost":{"id":"1120523685","kind":"news","pubTimestamp":1614310849,"share":"https://ttm.financial/m/news/1120523685?lang=&edition=fundamental","pubTime":"2021-02-26 11:40","market":"us","language":"en","title":"GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1120523685","media":"MarketWatch","summary":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fu","content":"<p>It’s not just individual investors participating in latest squeeze, observers say</p>\n<p>Another options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.</p>\n<p>The primary mechanism, however, appeared largely the same.</p>\n<p>A surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.</p>\n<p>The company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.</p>\n<p><b>‘Gamma squeeze’</b></p>\n<p>A call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.</p>\n<p>Buying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.</p>\n<p>But the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.</p>\n<p>GameStop shares soared in late afternoon trade Wednesday, prompting trading halts before it ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.</p>\n<p><b>Where are the shorts?</b></p>\n<p>GameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.</p>\n<p>GameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.</p>\n<p>It’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.</p>\n<p>The broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average dropped nearly 560 points, or 1.8%. The S&P 500 fell 2.4%, while the Nasdaq Composite dropped 3.5%.</p>\n<p>Some market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.</p>\n<p>GameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.</p>\n<p>Meanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.</p>\n<p>Short interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.</p>\n<p>“One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Round 2? How an options-buying frenzy is providing another jolt to meme 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\">\nGameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 11:40 GMT+8 <a href=https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring ...</p>\n\n<a href=\"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?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":{"GME":"游戏驿站","AMC":"AMC院线",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","BB":"黑莓","KOSS":"高斯电子"},"source_url":"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1120523685","content_text":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.\nThe primary mechanism, however, appeared largely the same.\nA surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.\nThe company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.\n‘Gamma squeeze’\nA call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.\nBuying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.\nBut the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.\nGameStop shares soared in late afternoon trade Wednesday, prompting trading halts before it ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.\nWhere are the shorts?\nGameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.\nGameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.\nIt’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.\nThe broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average dropped nearly 560 points, or 1.8%. The S&P 500 fell 2.4%, while the Nasdaq Composite dropped 3.5%.\nSome market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.\nGameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.\nMeanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.\nShort interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.\n“One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361841877,"gmtCreate":1614223475999,"gmtModify":1704889796242,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"..","listText":"..","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361841877","repostId":"1163986349","repostType":4,"repost":{"id":"1163986349","kind":"news","pubTimestamp":1614222162,"share":"https://ttm.financial/m/news/1163986349?lang=&edition=fundamental","pubTime":"2021-02-25 11:02","market":"us","language":"en","title":"U.S. Stocks Could See $170 Billion Stimulus Boost, Deutsche Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1163986349","media":"Bloomberg","summary":"Firm’s survey shows sentiment is positive ‘across the board’\nRespondents to put 37% of their stimulu","content":"<ul>\n <li>Firm’s survey shows sentiment is positive ‘across the board’</li>\n <li>Respondents to put 37% of their stimulus cash into equities</li>\n</ul>\n<p>U.S. stimulus checks could unleash a $170 billion wave of fresh retail inflows to the stock market, according to Deutsche Bank AG strategists.</p>\n<p>A survey of retail investors showed respondents planned to put 37% of their stimulus cash directly into equities, a team including Parag Thatte wrote in a note Wednesday. With potentially $465 billion of direct stimulus being planned, that addsup to$170 billion, they said.</p>\n<p>“Retail sentiment remains positive across the board, regardless of age, income or when the investor began trading,” the strategists wrote. “Retail investors say they expect to maintain or add to their stock holdings even as the economy re-opens.”</p>\n<p>A combination of free trading apps and direct government stimulus has helped fuel a boom in retail involvement in the stock market, mostnotablyfrom first-time investors. Their influence has begun to impact markets, including the world of options, and trading volumes have skyrocketed.</p>\n<p><img src=\"https://static.tigerbbs.com/7f3a767e3e4a49436db579a44c23de28\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Democrats are racing to pass President Joe Biden’s $1.9 trillion pandemic aid package without Republican support, a bill that includes $1,400 checks for many Americans. Congress already authorized two rounds of direct payments, first in March last year, then in late December.</p>\n<p>According to Deutsche, new investors are younger and more aggressive, and much more likely to trade options frequently compared with more experienced traders. When faced with a hypothetical modest selloff, a majority of respondents said they would increase their investments, the note said -- though on net they’d pull out money if the selloff surpassed 10%.</p>\n<p>A flurry of buying Wednesday reminiscent of last month’s retail investor-fueled boom and bust, saw GameStop Corp. shares almost quadruple from Tuesday’s close anda host ofother so-called meme stocks rising.</p>","source":"lsy1584095487587","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. Stocks Could See $170 Billion Stimulus Boost, Deutsche Says</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. Stocks Could See $170 Billion Stimulus Boost, Deutsche Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 11:02 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-02-25/-170-billion-of-retail-cash-could-hit-stocks-deutsche-team-says><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Firm’s survey shows sentiment is positive ‘across the board’\nRespondents to put 37% of their stimulus cash into equities\n\nU.S. stimulus checks could unleash a $170 billion wave of fresh retail inflows...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-25/-170-billion-of-retail-cash-could-hit-stocks-deutsche-team-says\">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",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-25/-170-billion-of-retail-cash-could-hit-stocks-deutsche-team-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163986349","content_text":"Firm’s survey shows sentiment is positive ‘across the board’\nRespondents to put 37% of their stimulus cash into equities\n\nU.S. stimulus checks could unleash a $170 billion wave of fresh retail inflows to the stock market, according to Deutsche Bank AG strategists.\nA survey of retail investors showed respondents planned to put 37% of their stimulus cash directly into equities, a team including Parag Thatte wrote in a note Wednesday. With potentially $465 billion of direct stimulus being planned, that addsup to$170 billion, they said.\n“Retail sentiment remains positive across the board, regardless of age, income or when the investor began trading,” the strategists wrote. “Retail investors say they expect to maintain or add to their stock holdings even as the economy re-opens.”\nA combination of free trading apps and direct government stimulus has helped fuel a boom in retail involvement in the stock market, mostnotablyfrom first-time investors. Their influence has begun to impact markets, including the world of options, and trading volumes have skyrocketed.\n\nDemocrats are racing to pass President Joe Biden’s $1.9 trillion pandemic aid package without Republican support, a bill that includes $1,400 checks for many Americans. Congress already authorized two rounds of direct payments, first in March last year, then in late December.\nAccording to Deutsche, new investors are younger and more aggressive, and much more likely to trade options frequently compared with more experienced traders. When faced with a hypothetical modest selloff, a majority of respondents said they would increase their investments, the note said -- though on net they’d pull out money if the selloff surpassed 10%.\nA flurry of buying Wednesday reminiscent of last month’s retail investor-fueled boom and bust, saw GameStop Corp. shares almost quadruple from Tuesday’s close anda host ofother so-called meme stocks rising.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363259850,"gmtCreate":1614144909870,"gmtModify":1704888699670,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Bloodbath","listText":"Bloodbath","text":"Bloodbath","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/363259850","repostId":"1111682954","repostType":4,"repost":{"id":"1111682954","kind":"news","pubTimestamp":1614143481,"share":"https://ttm.financial/m/news/1111682954?lang=&edition=fundamental","pubTime":"2021-02-24 13:11","market":"us","language":"en","title":"The S&P 500 Has More Room to Rise: Credit Suisse","url":"https://stock-news.laohu8.com/highlight/detail?id=1111682954","media":"Barrons","summary":"Earnings have been too good to ignore recently, and if the right developments for the economy unfold","content":"<p>Earnings have been too good to ignore recently, and if the right developments for the economy unfold, they are likely to grow substantially from current levels.</p>\n<p>Credit Suisseraised its 2021 price target for the S&P 500to $4,300 from $4,200 on Tuesday. That means the strategists see the index gaining more than 11% by the end of the year from the current level. That isn’t even an aggressive prediction relative to the prevailing view on Wall Street. The average call among firms tracked by FactSet is for the index to hit $4,400.</p>\n<p>But the bullishness has true merit. “With the economy reopening, stimulus abundant, and Fed policy uber-accommodative, it is no surprise that 2021 GDP is expected to run hotter than at any time in the past 35 years,” wrote Jonathan Golub, Credit Suisse’s chief U.S. equity strategist, in a note.</p>\n<p>He argued that because aggregate fourth-quarter earnings per share for companies in the S&P 500 has exceeded analysts’ forecasts by 17%, with the vast majority of firms having reported their results, earnings estimates must rise.</p>\n<p>Higher expectations for earnings generally lead to higher prices for stocks. Golub lifted his aggregate, macro-based estimates for S&P 500 EPS to $185 from $175 in 2021, and to $210 from $200 in 2022.</p>\n<p>At first,investors didn’t seem to care that companies were putting expectations for fourth-quarter earnings to shame. The results didn’t matter, the reasoning went, because if Covid-19 vaccines couldn’t roll out on schedule or couldn’t adequately immunize against new strains, local economies wouldn’t be able to reopen and earnings would collapse.</p>\n<p>But now,vaccines are finding millions of arms a day and trillions of dollars of added fiscal stimulus that would support demandare expected. Earnings estimates for the current quarterwere lower than the expected result for the fourth quarterjust a few weeks ago, so it is no surprise to see Wall Street increase them as restrictions related to Covid-19 are lifted. Strategists, on average, currently see EPS for the S&P 500 coming in at $198 for 2022.</p>\n<p>The next question is at what multiple of per-share earnings the average stock on the S&P 500 is likely to trade. Golub sees the index at trading just above 20 times aggregate earnings for 2022 by the end of this year. That is down from roughly 22 times earnings expectations for the next 12 months currently.</p>\n<p>Lower valuations are widely expected because yields on safe, U.S. Treasury debt are rising.Higher yieldsmake the risk of being in stocks incrementally less attractive, reducing the amount investors are willing to pay per dollar of future earnings.</p>\n<p>But the rising rates also reflect improving expectations for the economy and inflation, which is consistent with better earnings that could power stock prices higher.</p>\n<p>None of this means there aren’t risks. Any major setback to vaccinations would be detrimental to earnings and a decision from the Federal Reserve to raise interest rates too high, too soon, would be a risk to the economy and to stock valuations.</p>\n<p>Still, risks are subsiding. The potential for gains may build asstocks come under pressure in the current selloff.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The S&P 500 Has More Room to Rise: Credit Suisse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 Has More Room to Rise: Credit Suisse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 13:11 GMT+8 <a href=https://www.barrons.com/articles/s-p-500-can-keep-rising-credit-suisse-says-thank-earnings-51614109642?mod=hp_LEAD_1_B_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings have been too good to ignore recently, and if the right developments for the economy unfold, they are likely to grow substantially from current levels.\nCredit Suisseraised its 2021 price ...</p>\n\n<a href=\"https://www.barrons.com/articles/s-p-500-can-keep-rising-credit-suisse-says-thank-earnings-51614109642?mod=hp_LEAD_1_B_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/s-p-500-can-keep-rising-credit-suisse-says-thank-earnings-51614109642?mod=hp_LEAD_1_B_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111682954","content_text":"Earnings have been too good to ignore recently, and if the right developments for the economy unfold, they are likely to grow substantially from current levels.\nCredit Suisseraised its 2021 price target for the S&P 500to $4,300 from $4,200 on Tuesday. That means the strategists see the index gaining more than 11% by the end of the year from the current level. That isn’t even an aggressive prediction relative to the prevailing view on Wall Street. The average call among firms tracked by FactSet is for the index to hit $4,400.\nBut the bullishness has true merit. “With the economy reopening, stimulus abundant, and Fed policy uber-accommodative, it is no surprise that 2021 GDP is expected to run hotter than at any time in the past 35 years,” wrote Jonathan Golub, Credit Suisse’s chief U.S. equity strategist, in a note.\nHe argued that because aggregate fourth-quarter earnings per share for companies in the S&P 500 has exceeded analysts’ forecasts by 17%, with the vast majority of firms having reported their results, earnings estimates must rise.\nHigher expectations for earnings generally lead to higher prices for stocks. Golub lifted his aggregate, macro-based estimates for S&P 500 EPS to $185 from $175 in 2021, and to $210 from $200 in 2022.\nAt first,investors didn’t seem to care that companies were putting expectations for fourth-quarter earnings to shame. The results didn’t matter, the reasoning went, because if Covid-19 vaccines couldn’t roll out on schedule or couldn’t adequately immunize against new strains, local economies wouldn’t be able to reopen and earnings would collapse.\nBut now,vaccines are finding millions of arms a day and trillions of dollars of added fiscal stimulus that would support demandare expected. Earnings estimates for the current quarterwere lower than the expected result for the fourth quarterjust a few weeks ago, so it is no surprise to see Wall Street increase them as restrictions related to Covid-19 are lifted. Strategists, on average, currently see EPS for the S&P 500 coming in at $198 for 2022.\nThe next question is at what multiple of per-share earnings the average stock on the S&P 500 is likely to trade. Golub sees the index at trading just above 20 times aggregate earnings for 2022 by the end of this year. That is down from roughly 22 times earnings expectations for the next 12 months currently.\nLower valuations are widely expected because yields on safe, U.S. Treasury debt are rising.Higher yieldsmake the risk of being in stocks incrementally less attractive, reducing the amount investors are willing to pay per dollar of future earnings.\nBut the rising rates also reflect improving expectations for the economy and inflation, which is consistent with better earnings that could power stock prices higher.\nNone of this means there aren’t risks. Any major setback to vaccinations would be detrimental to earnings and a decision from the Federal Reserve to raise interest rates too high, too soon, would be a risk to the economy and to stock valuations.\nStill, risks are subsiding. The potential for gains may build asstocks come under pressure in the current selloff.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369219246,"gmtCreate":1614046562985,"gmtModify":1704887292599,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369219246","repostId":"1184992729","repostType":4,"repost":{"id":"1184992729","kind":"news","pubTimestamp":1613961671,"share":"https://ttm.financial/m/news/1184992729?lang=&edition=fundamental","pubTime":"2021-02-22 10:41","market":"us","language":"en","title":"GameStop Craze Puts Holders of Retail ETF on Wild Ride","url":"https://stock-news.laohu8.com/highlight/detail?id=1184992729","media":"The Wall Street Journal","summary":"State Street’s SPDR S&P Retail ETF shares have surged 23% this year\nGameStop mania has spilled over ","content":"<p>State Street’s SPDR S&P Retail ETF shares have surged 23% this year</p>\n<p>GameStop mania has spilled over into a popular exchange-traded fund, as the WallStreetBets craze reaches beyond shares favored on social media.</p>\n<p>The fund, State Street ’s SPDR S&P Retail ETF, was created in 2006 to give investors broad exposure to mall-store firms. Its shares have surged 23% this year, far outstripping a 4% gain in the S&P 500, despite the uncertain outlook for retail. Behind those gains are the traders who congregate on social-media platforms such as Reddit’s WallStreetBets forum and whose enthusiasm has turned this mundane investment into a roller coaster.</p>\n<p>On Jan. 27, GameStopsoared 135%, driven by events such as Tesla Inc. Chief Executive Elon Musk tweeting “Gamestonk.” The State Street fund jumped 42% the same day. The next day, GameStop shares tumbled 44% and the fund, known by its ticker XRT, dropped about 9%.</p>\n<p>On Jan. 28, the fund suffered its largest single-day outflow in more than a decade, according to FactSet. Three-quarters of the money in the fund flowed out, amounting to $506 million in redemptions, driven in part by what some analysts describe as a frantic rush by traders to liquidate the ETF—whose price at times traded at discounts rarely seen in this part of the world—to get their hands on underlying GameStop shares.</p>\n<p>The whipsaw trading highlights how the mania in WallStreetBets favorites like GameStop can drive pricing in other investments, in this case one typically preferred by investors seeking portfolio diversification and targeted exposure to industry sectors. GameStop shares, long viewed as an also-ran by many investors in a world dominated by Amazon and Costco , at one point this year accounted for 20% of the State Street fund.</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>GameStop Craze Puts Holders of Retail ETF on Wild Ride</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\">\nGameStop Craze Puts Holders of Retail ETF on Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-22 10:41 GMT+8 <a href=https://www.wsj.com/articles/gamestop-craze-puts-holders-of-retail-etf-on-wild-ride-11613923200?mod=hp_lead_pos7><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>State Street’s SPDR S&P Retail ETF shares have surged 23% this year\nGameStop mania has spilled over into a popular exchange-traded fund, as the WallStreetBets craze reaches beyond shares favored on ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-craze-puts-holders-of-retail-etf-on-wild-ride-11613923200?mod=hp_lead_pos7\">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","GME":"游戏驿站",".IXIC":"NASDAQ Composite","AMC":"AMC院线",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/gamestop-craze-puts-holders-of-retail-etf-on-wild-ride-11613923200?mod=hp_lead_pos7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184992729","content_text":"State Street’s SPDR S&P Retail ETF shares have surged 23% this year\nGameStop mania has spilled over into a popular exchange-traded fund, as the WallStreetBets craze reaches beyond shares favored on social media.\nThe fund, State Street ’s SPDR S&P Retail ETF, was created in 2006 to give investors broad exposure to mall-store firms. Its shares have surged 23% this year, far outstripping a 4% gain in the S&P 500, despite the uncertain outlook for retail. Behind those gains are the traders who congregate on social-media platforms such as Reddit’s WallStreetBets forum and whose enthusiasm has turned this mundane investment into a roller coaster.\nOn Jan. 27, GameStopsoared 135%, driven by events such as Tesla Inc. Chief Executive Elon Musk tweeting “Gamestonk.” The State Street fund jumped 42% the same day. The next day, GameStop shares tumbled 44% and the fund, known by its ticker XRT, dropped about 9%.\nOn Jan. 28, the fund suffered its largest single-day outflow in more than a decade, according to FactSet. Three-quarters of the money in the fund flowed out, amounting to $506 million in redemptions, driven in part by what some analysts describe as a frantic rush by traders to liquidate the ETF—whose price at times traded at discounts rarely seen in this part of the world—to get their hands on underlying GameStop shares.\nThe whipsaw trading highlights how the mania in WallStreetBets favorites like GameStop can drive pricing in other investments, in this case one typically preferred by investors seeking portfolio diversification and targeted exposure to industry sectors. GameStop shares, long viewed as an also-ran by many investors in a world dominated by Amazon and Costco , at one point this year accounted for 20% of the State Street fund.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360424398,"gmtCreate":1613968061614,"gmtModify":1704886270690,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/3573629425643030\">@TheNoobish</a>reply my comment you idiot","listText":"<a href=\"https://laohu8.com/U/3573629425643030\">@TheNoobish</a>reply my comment you idiot","text":"@TheNoobishreply my comment you idiot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/360424398","repostId":"1128649853","repostType":4,"repost":{"id":"1128649853","kind":"news","pubTimestamp":1613961945,"share":"https://ttm.financial/m/news/1128649853?lang=&edition=fundamental","pubTime":"2021-02-22 10:45","market":"sh","language":"en","title":"Ant Faces Another Setback in Curbs on Joint Lending With Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=1128649853","media":"Bloomberg","summary":"Banks must cap co-lending with internet platforms in ChinaRules target ‘big techs’ that rely on bank","content":"<ul><li>Banks must cap co-lending with internet platforms in China</li><li>Rules target ‘big techs’ that rely on banks, Citigroup says</li></ul><p>Jack Ma’s Ant Group Co.and China’s other fintech giants were dealt another blow by new rules that target a lucrative growth area -- joint lending with banks.</p><p>Banks must cap overall co-lending with internet platforms or other partners at no more than 50% of outstanding loans, the China Banking and Insurance Regulatory Commission said on Saturday. Co-lending with one platform shouldn’t exceed 25% of the bank’s tier-1 net capital.</p><p>The restrictions add to draft rules for online lenders issued late last year, which heralded an abrupt loss of appetite for free-wheeling fintech innovations among regulators. The derailment of Ant’s $35 billion share sale and mounting scrutiny of its operations have since upended one of China’s biggest business success stories. The authorities have also cracked down on technology juggernauts in everything from e-commerce to credit-scoring and payments.</p><p>“The new rules are mainly targeted against the big techs who are more reliant on the co-lending business model,” Citigroup analysts led by Judy Zhang wrote in a note. They “can prevent banks from over-relying on online lenders for credit assessment and over-concentrating on selective fintech partners.”</p><p>From Jan. 1, 2022, an internet platform will be required to provide at least 30% of the funding itself in any single joint loan with a bank, the CBIRC said.</p><p>The regulation is expected to further cripple growth at Ant, whose Jiebei and Huabei units had facilitated 1.7 trillion yuan ($263 billion) in consumer loans to 500 million people as of June 30, with only about 2% being kept on the parent’s balance sheet. Concerns that it will need to raise capital to plug the shortfall and seek national licenses have prompted analysts at Morningstar Inc. and others firms toslashestimates on Ant’s valuation by half from $280 billion before its scrapped listing.</p><p>Further requirements in Saturday’s announcement:</p><ul><li>A local bank cannot extend online loans outside its home base</li><li>CBIRC and its local branches may propose tougher requirements on the amount and share in co-lending arrangements</li><li>Latest rules will also apply to foreign banks, trust firms, consumer finance companies and auto finance businesses</li></ul><p>The rules will hurt lenders that rely on Ant for their digital loans, said Francis Chan, a Hong Kong-based Bloomberg Intelligence analyst. The restriction on regional banks’ ability to extend credit outside their home bases will mean some will lose access to consumers in coastal areas, he said.</p><p>Ant and at least a dozen banks have been paring back their years-long cooperation on consumer-lending platforms in recent months, people familiar with the mattersaidin February. That has taken place in parallel with Ant’s discussions with Chinese authorities on a restructuring plan. Bloomberg reported earlier that Ant has agreed to become a financial holding company, making it subject to capital requirements similar to those for banks.</p>","source":"lsy1584095487587","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>Ant Faces Another Setback in Curbs on Joint Lending With Banks</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\">\nAnt Faces Another Setback in Curbs on Joint Lending With Banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-22 10:45 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-02-22/ant-faces-another-setback-in-curbs-on-joint-lending-with-banks><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Banks must cap co-lending with internet platforms in ChinaRules target ‘big techs’ that rely on banks, Citigroup saysJack Ma’s Ant Group Co.and China’s other fintech giants were dealt another blow by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-22/ant-faces-another-setback-in-curbs-on-joint-lending-with-banks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","LU":"陆金所","00700":"腾讯控股","06688":"蚂蚁集团","09988":"阿里巴巴-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-22/ant-faces-another-setback-in-curbs-on-joint-lending-with-banks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128649853","content_text":"Banks must cap co-lending with internet platforms in ChinaRules target ‘big techs’ that rely on banks, Citigroup saysJack Ma’s Ant Group Co.and China’s other fintech giants were dealt another blow by new rules that target a lucrative growth area -- joint lending with banks.Banks must cap overall co-lending with internet platforms or other partners at no more than 50% of outstanding loans, the China Banking and Insurance Regulatory Commission said on Saturday. Co-lending with one platform shouldn’t exceed 25% of the bank’s tier-1 net capital.The restrictions add to draft rules for online lenders issued late last year, which heralded an abrupt loss of appetite for free-wheeling fintech innovations among regulators. The derailment of Ant’s $35 billion share sale and mounting scrutiny of its operations have since upended one of China’s biggest business success stories. The authorities have also cracked down on technology juggernauts in everything from e-commerce to credit-scoring and payments.“The new rules are mainly targeted against the big techs who are more reliant on the co-lending business model,” Citigroup analysts led by Judy Zhang wrote in a note. They “can prevent banks from over-relying on online lenders for credit assessment and over-concentrating on selective fintech partners.”From Jan. 1, 2022, an internet platform will be required to provide at least 30% of the funding itself in any single joint loan with a bank, the CBIRC said.The regulation is expected to further cripple growth at Ant, whose Jiebei and Huabei units had facilitated 1.7 trillion yuan ($263 billion) in consumer loans to 500 million people as of June 30, with only about 2% being kept on the parent’s balance sheet. Concerns that it will need to raise capital to plug the shortfall and seek national licenses have prompted analysts at Morningstar Inc. and others firms toslashestimates on Ant’s valuation by half from $280 billion before its scrapped listing.Further requirements in Saturday’s announcement:A local bank cannot extend online loans outside its home baseCBIRC and its local branches may propose tougher requirements on the amount and share in co-lending arrangementsLatest rules will also apply to foreign banks, trust firms, consumer finance companies and auto finance businessesThe rules will hurt lenders that rely on Ant for their digital loans, said Francis Chan, a Hong Kong-based Bloomberg Intelligence analyst. The restriction on regional banks’ ability to extend credit outside their home bases will mean some will lose access to consumers in coastal areas, he said.Ant and at least a dozen banks have been paring back their years-long cooperation on consumer-lending platforms in recent months, people familiar with the mattersaidin February. That has taken place in parallel with Ant’s discussions with Chinese authorities on a restructuring plan. Bloomberg reported earlier that Ant has agreed to become a financial holding company, making it subject to capital requirements similar to those for banks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":388317480,"gmtCreate":1613022400040,"gmtModify":1704877471917,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Wew","listText":"Wew","text":"Wew","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/388317480","repostId":"2110413780","repostType":4,"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363259850,"gmtCreate":1614144909870,"gmtModify":1704888699670,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Bloodbath","listText":"Bloodbath","text":"Bloodbath","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/363259850","repostId":"1111682954","repostType":4,"repost":{"id":"1111682954","kind":"news","pubTimestamp":1614143481,"share":"https://ttm.financial/m/news/1111682954?lang=&edition=fundamental","pubTime":"2021-02-24 13:11","market":"us","language":"en","title":"The S&P 500 Has More Room to Rise: Credit Suisse","url":"https://stock-news.laohu8.com/highlight/detail?id=1111682954","media":"Barrons","summary":"Earnings have been too good to ignore recently, and if the right developments for the economy unfold","content":"<p>Earnings have been too good to ignore recently, and if the right developments for the economy unfold, they are likely to grow substantially from current levels.</p>\n<p>Credit Suisseraised its 2021 price target for the S&P 500to $4,300 from $4,200 on Tuesday. That means the strategists see the index gaining more than 11% by the end of the year from the current level. That isn’t even an aggressive prediction relative to the prevailing view on Wall Street. The average call among firms tracked by FactSet is for the index to hit $4,400.</p>\n<p>But the bullishness has true merit. “With the economy reopening, stimulus abundant, and Fed policy uber-accommodative, it is no surprise that 2021 GDP is expected to run hotter than at any time in the past 35 years,” wrote Jonathan Golub, Credit Suisse’s chief U.S. equity strategist, in a note.</p>\n<p>He argued that because aggregate fourth-quarter earnings per share for companies in the S&P 500 has exceeded analysts’ forecasts by 17%, with the vast majority of firms having reported their results, earnings estimates must rise.</p>\n<p>Higher expectations for earnings generally lead to higher prices for stocks. Golub lifted his aggregate, macro-based estimates for S&P 500 EPS to $185 from $175 in 2021, and to $210 from $200 in 2022.</p>\n<p>At first,investors didn’t seem to care that companies were putting expectations for fourth-quarter earnings to shame. The results didn’t matter, the reasoning went, because if Covid-19 vaccines couldn’t roll out on schedule or couldn’t adequately immunize against new strains, local economies wouldn’t be able to reopen and earnings would collapse.</p>\n<p>But now,vaccines are finding millions of arms a day and trillions of dollars of added fiscal stimulus that would support demandare expected. Earnings estimates for the current quarterwere lower than the expected result for the fourth quarterjust a few weeks ago, so it is no surprise to see Wall Street increase them as restrictions related to Covid-19 are lifted. Strategists, on average, currently see EPS for the S&P 500 coming in at $198 for 2022.</p>\n<p>The next question is at what multiple of per-share earnings the average stock on the S&P 500 is likely to trade. Golub sees the index at trading just above 20 times aggregate earnings for 2022 by the end of this year. That is down from roughly 22 times earnings expectations for the next 12 months currently.</p>\n<p>Lower valuations are widely expected because yields on safe, U.S. Treasury debt are rising.Higher yieldsmake the risk of being in stocks incrementally less attractive, reducing the amount investors are willing to pay per dollar of future earnings.</p>\n<p>But the rising rates also reflect improving expectations for the economy and inflation, which is consistent with better earnings that could power stock prices higher.</p>\n<p>None of this means there aren’t risks. Any major setback to vaccinations would be detrimental to earnings and a decision from the Federal Reserve to raise interest rates too high, too soon, would be a risk to the economy and to stock valuations.</p>\n<p>Still, risks are subsiding. The potential for gains may build asstocks come under pressure in the current selloff.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The S&P 500 Has More Room to Rise: Credit Suisse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 Has More Room to Rise: Credit Suisse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 13:11 GMT+8 <a href=https://www.barrons.com/articles/s-p-500-can-keep-rising-credit-suisse-says-thank-earnings-51614109642?mod=hp_LEAD_1_B_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings have been too good to ignore recently, and if the right developments for the economy unfold, they are likely to grow substantially from current levels.\nCredit Suisseraised its 2021 price ...</p>\n\n<a href=\"https://www.barrons.com/articles/s-p-500-can-keep-rising-credit-suisse-says-thank-earnings-51614109642?mod=hp_LEAD_1_B_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/s-p-500-can-keep-rising-credit-suisse-says-thank-earnings-51614109642?mod=hp_LEAD_1_B_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111682954","content_text":"Earnings have been too good to ignore recently, and if the right developments for the economy unfold, they are likely to grow substantially from current levels.\nCredit Suisseraised its 2021 price target for the S&P 500to $4,300 from $4,200 on Tuesday. That means the strategists see the index gaining more than 11% by the end of the year from the current level. That isn’t even an aggressive prediction relative to the prevailing view on Wall Street. The average call among firms tracked by FactSet is for the index to hit $4,400.\nBut the bullishness has true merit. “With the economy reopening, stimulus abundant, and Fed policy uber-accommodative, it is no surprise that 2021 GDP is expected to run hotter than at any time in the past 35 years,” wrote Jonathan Golub, Credit Suisse’s chief U.S. equity strategist, in a note.\nHe argued that because aggregate fourth-quarter earnings per share for companies in the S&P 500 has exceeded analysts’ forecasts by 17%, with the vast majority of firms having reported their results, earnings estimates must rise.\nHigher expectations for earnings generally lead to higher prices for stocks. Golub lifted his aggregate, macro-based estimates for S&P 500 EPS to $185 from $175 in 2021, and to $210 from $200 in 2022.\nAt first,investors didn’t seem to care that companies were putting expectations for fourth-quarter earnings to shame. The results didn’t matter, the reasoning went, because if Covid-19 vaccines couldn’t roll out on schedule or couldn’t adequately immunize against new strains, local economies wouldn’t be able to reopen and earnings would collapse.\nBut now,vaccines are finding millions of arms a day and trillions of dollars of added fiscal stimulus that would support demandare expected. Earnings estimates for the current quarterwere lower than the expected result for the fourth quarterjust a few weeks ago, so it is no surprise to see Wall Street increase them as restrictions related to Covid-19 are lifted. Strategists, on average, currently see EPS for the S&P 500 coming in at $198 for 2022.\nThe next question is at what multiple of per-share earnings the average stock on the S&P 500 is likely to trade. Golub sees the index at trading just above 20 times aggregate earnings for 2022 by the end of this year. That is down from roughly 22 times earnings expectations for the next 12 months currently.\nLower valuations are widely expected because yields on safe, U.S. Treasury debt are rising.Higher yieldsmake the risk of being in stocks incrementally less attractive, reducing the amount investors are willing to pay per dollar of future earnings.\nBut the rising rates also reflect improving expectations for the economy and inflation, which is consistent with better earnings that could power stock prices higher.\nNone of this means there aren’t risks. Any major setback to vaccinations would be detrimental to earnings and a decision from the Federal Reserve to raise interest rates too high, too soon, would be a risk to the economy and to stock valuations.\nStill, risks are subsiding. The potential for gains may build asstocks come under pressure in the current selloff.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384186799,"gmtCreate":1613626186511,"gmtModify":1704882873702,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"..","listText":"..","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/384186799","repostId":"1167511987","repostType":4,"repost":{"id":"1167511987","kind":"news","pubTimestamp":1613619695,"share":"https://ttm.financial/m/news/1167511987?lang=&edition=fundamental","pubTime":"2021-02-18 11:41","market":"us","language":"en","title":"Jobless claims preview: Another 773,000 Americans likely filed new unemployment claims","url":"https://stock-news.laohu8.com/highlight/detail?id=1167511987","media":"Yahoo Finance","summary":"Weekly unemployment claims filed last week likely fell to the lowest level since November, as moment","content":"<p>Weekly unemployment claims filed last week likely fell to the lowest level since November, as momentum in the labor market's recovery slowly but steadily increasedin tandem with improving COVID-19 trends.</p><p>The Department of Labor is slated to release its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg:</p><ul><li><p><b>Initial jobless claims, week ended February 13:</b>773,000 expected vs. 793,000 during prior week</p></li><li><p><b>Continuing claims, week ended February 6:</b>4.4 million expected vs. 4.545 million during prior week</p></li></ul><p>At 773,000, the expected number of new claims last week would mark the lowest level in nearly two months and push claims below 800,000 for back-to-back weeks. Still, new weekly claims remain multiples above their levels from before the pandemic, when claims were coming in at an average of just over 200,000 per week.</p><p>\"The message from the jobless claims data is consistent with a labor market that is slowly recovering but remains week,\" Rubeela Farooqi, chief U.S. economist for High Frequency Economics, said in a note. \"Government aid is set to expire in mid-March, highlighting the need for the next phase of support, which the Biden administration hopes will be on a faster track to passage now that the impeachment trial has ended.\"</p><p><img src=\"https://static.tigerbbs.com/cf42d6870973dd760ff77b1eaa4c2bbe\" tg-width=\"613\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Falling COVID-19 case counts along with additional government stimulus have helped buoy consumer spending andimprovements in the labor market.On Wednesday, new data showed thatretail sales rose at the fastest pacein seven months in January, aided by additional unemployment benefits and direct checks to consumers. The increase in consumption and in hiring is expected to pick up even further as increasing vaccinations allow a greater number of businesses and services to resume.</p><p>\"An improved near-term outlook for the pandemic, with new cases and hospitalizations both slowing, should be positive for leisure and hospitality,\" Nomura Chief Economist Lewis Alexander wrote in a recent note. \"However, downside risks persist.\"</p><p>The March cliff for federal unemployment benefits remains one such concern, with the federal Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation programs both scheduled to lapse in less than a month. More than 13 million Americans were claimants on either of these programs as of mid-January, comprising the majority of the 20.4 million Americans claiming benefits across all programs. However,Democratic lawmakers have been pushing to pass another robust virus relief packagebefore mid-March to avoid the expiration of benefits.</p>","source":"yahoofinance_sg","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>Jobless claims preview: Another 773,000 Americans likely filed new unemployment claims</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\">\nJobless claims preview: Another 773,000 Americans likely filed new unemployment claims\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 11:41 GMT+8 <a href=https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-february-13-labor-market-190229296.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weekly unemployment claims filed last week likely fell to the lowest level since November, as momentum in the labor market's recovery slowly but steadily increasedin tandem with improving COVID-19 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-february-13-labor-market-190229296.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-february-13-labor-market-190229296.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167511987","content_text":"Weekly unemployment claims filed last week likely fell to the lowest level since November, as momentum in the labor market's recovery slowly but steadily increasedin tandem with improving COVID-19 trends.The Department of Labor is slated to release its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg:Initial jobless claims, week ended February 13:773,000 expected vs. 793,000 during prior weekContinuing claims, week ended February 6:4.4 million expected vs. 4.545 million during prior weekAt 773,000, the expected number of new claims last week would mark the lowest level in nearly two months and push claims below 800,000 for back-to-back weeks. Still, new weekly claims remain multiples above their levels from before the pandemic, when claims were coming in at an average of just over 200,000 per week.\"The message from the jobless claims data is consistent with a labor market that is slowly recovering but remains week,\" Rubeela Farooqi, chief U.S. economist for High Frequency Economics, said in a note. \"Government aid is set to expire in mid-March, highlighting the need for the next phase of support, which the Biden administration hopes will be on a faster track to passage now that the impeachment trial has ended.\"Falling COVID-19 case counts along with additional government stimulus have helped buoy consumer spending andimprovements in the labor market.On Wednesday, new data showed thatretail sales rose at the fastest pacein seven months in January, aided by additional unemployment benefits and direct checks to consumers. The increase in consumption and in hiring is expected to pick up even further as increasing vaccinations allow a greater number of businesses and services to resume.\"An improved near-term outlook for the pandemic, with new cases and hospitalizations both slowing, should be positive for leisure and hospitality,\" Nomura Chief Economist Lewis Alexander wrote in a recent note. \"However, downside risks persist.\"The March cliff for federal unemployment benefits remains one such concern, with the federal Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation programs both scheduled to lapse in less than a month. More than 13 million Americans were claimants on either of these programs as of mid-January, comprising the majority of the 20.4 million Americans claiming benefits across all programs. However,Democratic lawmakers have been pushing to pass another robust virus relief packagebefore mid-March to avoid the expiration of benefits.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"content":"Can someone comment For coins? :)","text":"Can someone comment For coins? :)","html":"Can someone comment For coins? :)"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382260325,"gmtCreate":1613452925467,"gmtModify":1704880622288,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Heh","listText":"Heh","text":"Heh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/382260325","repostId":"1168862133","repostType":4,"repost":{"id":"1168862133","kind":"news","pubTimestamp":1613024272,"share":"https://ttm.financial/m/news/1168862133?lang=&edition=fundamental","pubTime":"2021-02-11 14:17","market":"us","language":"en","title":"Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1168862133","media":"Nasdaq","summary":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat","content":"<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?</p>\n<p>Well, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.</p>\n<p>Top Fintech Stocks To Watch</p>\n<ul>\n <li><b>Mogo Inc.</b>(NASDAQ: MOGO)</li>\n <li><b>PayPal Holdings Inc.</b>(NASDAQ: PYPL)</li>\n <li><b>Square Inc.</b>(NYSE: SQ)</li>\n <li><b>Green Dot Corporation</b>(NYSE: GDOT)</li>\n</ul>\n<p>Mogo Inc.</p>\n<p>Starting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.</p>\n<p>For starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?</p>\n<p>PayPal Holdings Inc.</p>\n<p>Following that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.</p>\n<p>For one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.<i>The “Pay in 4</i>” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.</p>\n<p>Square Inc.</p>\n<p>Another top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?</p>\n<p>Well, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?</p>\n<p>Green Dot Corporation</p>\n<p>Undoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.</p>\n<p>For the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “<i>living from paycheck to paycheck</i>”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “<i>Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.</i>” Has all this convinced you to add GDOT to your watchlist?</p>","source":"lsy1603171495471","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>Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch</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\">\nBest Stocks To Buy For 2021? 4 Fintech Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-11 14:17 GMT+8 <a href=https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10\">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.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168862133","content_text":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?\nWell, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.\nTop Fintech Stocks To Watch\n\nMogo Inc.(NASDAQ: MOGO)\nPayPal Holdings Inc.(NASDAQ: PYPL)\nSquare Inc.(NYSE: SQ)\nGreen Dot Corporation(NYSE: GDOT)\n\nMogo Inc.\nStarting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.\nFor starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?\nPayPal Holdings Inc.\nFollowing that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.\nFor one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.The “Pay in 4” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.\nSquare Inc.\nAnother top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?\nWell, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?\nGreen Dot Corporation\nUndoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.\nFor the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “living from paycheck to paycheck”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.” Has all this convinced you to add GDOT to your watchlist?","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388380626,"gmtCreate":1613022537365,"gmtModify":1704877472890,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AITX\">$Artificial Intelligence Technology Solutions Inc.(AITX)$</a>Hi everyone","listText":"<a href=\"https://laohu8.com/S/AITX\">$Artificial Intelligence Technology Solutions Inc.(AITX)$</a>Hi everyone","text":"$Artificial Intelligence Technology Solutions Inc.(AITX)$Hi everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/388380626","isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388383510,"gmtCreate":1613022858530,"gmtModify":1704877475498,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Sup","listText":"Sup","text":"Sup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/388383510","repostId":"2110041062","repostType":4,"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328870562,"gmtCreate":1615515381156,"gmtModify":1704783945368,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328870562","repostId":"2118242934","repostType":4,"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381438328,"gmtCreate":1612973841264,"gmtModify":1704876935277,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OZSC\">$Ozop Surgical Corp.(OZSC)$</a>wew","listText":"<a href=\"https://laohu8.com/S/OZSC\">$Ozop Surgical Corp.(OZSC)$</a>wew","text":"$Ozop Surgical Corp.(OZSC)$wew","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/381438328","isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320775476,"gmtCreate":1615183861995,"gmtModify":1704779226262,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Zzz","listText":"Zzz","text":"Zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/320775476","repostId":"2117663465","repostType":4,"repost":{"id":"2117663465","kind":"highlight","pubTimestamp":1615182054,"share":"https://ttm.financial/m/news/2117663465?lang=&edition=fundamental","pubTime":"2021-03-08 13:40","market":"sh","language":"en","title":"Why China can't end its romance with GDP growth target","url":"https://stock-news.laohu8.com/highlight/detail?id=2117663465","media":"The Straits Times","summary":"BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a c","content":"<div>\n<p>BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China's leaders have ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why China can't end its romance with GDP growth target</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 China can't end its romance with GDP growth target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 13:40 GMT+8 <a href=http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China's leaders have ...</p>\n\n<a href=\"http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"http://www.straitstimes.com/business/economy/why-china-cant-end-its-romance-with-gdp-growth-target","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117663465","content_text":"BEIJING (BLOOMBERG) - In a battle between those who love or hate China's economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China's leaders have an ambivalent relationship with the gross domestic product (GDP) target they have set almost every year since the 1990s. It's celebrated as the key to mobilizing millions of bureaucrats who compete for promotions by increasing growth rates in their provinces, and blamed for social evils from pollution to excessive investment and fake statistics.Uncertainties caused by the coronavirus pandemic led Beijing to drop the numerical goal last year, and there were expectations party leaders would do the same for 2021. Instead, China's Premier Li Keqiang on Friday (March 5) set an objective of more than 6 per cent growth, with annual targets likely until at least 2025.Growing awareness of environmental destruction caused by the single-minded pursuit of GDP - a measure of the value of newly-produced goods and services in the economy - led the central government to begin warning about over-reliance on the goal more than a decade ago.Regional officials had other ideas, competing to beat national targets by pursuing often-wasteful investment projects, due partly to a promotion assessment system that prioritized growth. The problem worsened after the global financial crisis as banks opened credit floodgates.Influential officials like Ma Jun, a member of the central bank's monetary policy committee, have recently argued for permanently dropping the target, as part of Beijing's drive to lower debt-levels in the economy. Investment banks such as JPMorgan Chase & Co and Nomura Holdings predicted there wouldn't be a target this year.But just days before MR Li's speech at the National People's Congress, there was pushback: well-connected economists declared that a specific target was needed as an \"anchor\" for the economy, with policy running the risk of becoming confused without it. Zhang Liqun, a researcher at a central government think-tank, told state media that \"without a certain pace of expansion, the quality of the economy doesn't have support.\"Those in favoUr of dropping the target say other goals should be prioritized, like raising household incomes, investing in education and technology, cutting debt-levels or reducing carbon emissions.Even though it wasn't abandoned, this year's growth goal is the least ambitious in decades. Because of the pandemic-induced slump in the first half of 2020, China can easily meet it just by maintaining current levels of economic output. Meanwhile, economists in a Bloomberg survey forecast 8.4 per cent expansion this year.The lower target will encourage officials to focus on longer-term goals to create more \"sustainable growth,\" Li said.\"I think that's a much better number than 8 per cent,\" Michael Pettis, a fellow at the Carnegie-Tsinghua Center in Beijing, said in an interview with Bloomberg TV. \"If they had gone for 8 per cent that would have been a terrible signal. 6 per cent is manageable with high quality growth. Anything else requires a significant increase in non-productive investment and, of course, in debt.\"For the first time in decades, China's five-year plan to 2025 lacks a target for average growth, but annual goals will be made. GDP is still a \"core indicator,\" but the annual economic situation is easier to judge than a five-year outlook, Hu Zucai, a deputy director of China's top state planning agency said on Monday.Retaining the target partly reflects how difficult it is to find an alternative to assess the performance of the millions of local officials in China. Metrics combining economic and environmental goals have been tested locally but failed to catch on.\"Gathering appropriate data can be difficult,\" said Joan van Heijster, a researcher on China's political economy at the University of Amsterdam. \"This is a disadvantage of new indicators compared to the standardized and widely used GDP.\"Jobs goalThe alternative goal most often proposed, unemployment, is unreliably-measured in China and can be gamed by local officials by ordering state companies to add staff to payrolls without paying them.\"Putting employment as the priority target is a problem from an operational perspective,\" said Zhu Haibin, chief China economist at JPMorgan.If the GDP goal can't be eliminated entirely, it can be de-emphasised. That's been the trend since President Xi Jinping assumed the party leadership in 2012. The following year the Communist Party's powerful Organization Department, which controls official promotions, cautioned against \"simple reliance\" on GDP growth for assessing officials. Mentions of GDP in the party's official newspaper have since plummeted.Under Mr Xi, top officials have been taken to task for their overzealousness. Zhou Benshun, the former Communist Party chief in the northern province of Hebei, made a televised admission of failings in 2013, saying: \"I cared very much about development speed and economic volumes.\" He was later detained on corruption charges.\"In most areas it is no longer the sole target criteria for cadres' evaluation but combined with other factors such as environment, social stability, local income, budget and tax income,\" said Thomas Heberer, a professor at the University of Duisburg-Essen.The number of provinces that have repeatedly failed to meet national growth targets has surged during Xi's tenure, with no apparent political consequences for their leadership, according to Houze Song, a research fellow at the Paulson Institute, a U.S. think-tank.Provinces have also moderated their GDP goals, which used to be consistently much higher than the national target. That \"shows that the association between GDP growth and cadre promotion had been relaxed, despite a clear time-lag,\" said Yuxi Zhang, a researcher at Oxford University. That foreshadows the approach taken nationally this year, reducing the target to allow a focus on other goals, without being able to abandon it entirely.After decades of use, targeting a growth rate is partly \"locked-in,\" Ms Zhang said. \"Everyone hates it, but everyone understands it,\" she added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360422505,"gmtCreate":1613967859007,"gmtModify":1704886268910,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"..","listText":"..","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360422505","repostId":"1176686506","repostType":4,"repost":{"id":"1176686506","kind":"news","pubTimestamp":1613965833,"share":"https://ttm.financial/m/news/1176686506?lang=&edition=fundamental","pubTime":"2021-02-22 11:50","market":"us","language":"en","title":"Inflation Angst Is About to Rewrite the Stock Market Playbook","url":"https://stock-news.laohu8.com/highlight/detail?id=1176686506","media":"Bloomberg","summary":"History shows energy shares tend to be the best inflation bet\nGoldman touts firms with higher operat","content":"<ul>\n <li>History shows energy shares tend to be the best inflation bet</li>\n <li>Goldman touts firms with higher operating leverage as winners</li>\n</ul>\n<p>For bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices.</p>\n<p>While there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity. Energy shares have been persistent winners during times of high inflation over the past five decades, a study from Ned Davis Research shows.</p>\n<p>Goldman Sachs Group Inc. recommends companies better equipped to derive earnings from sales, such as automaker Ford Motor Co. and media firm Discovery Inc.To Societe Generale SA, supply and demand imbalances suggest mining shares and fertilizer producers offer better hedges should pressures build.</p>\n<p>No matter how sanguine Federal Reserve Chair Jerome Powellisabout the topic right now, inflation will one day matter again for stocks. Just in the last few weeks, hawks have observed worrying signs in everything from a global shortage of computer chips to the biggest jump in U.S. producer prices on record.</p>\n<p>With the economic outlook brightening, Covid-19 cases falling and more fiscal stimulus on the horizon, nervousness about inflation is percolating. That means pricing power is set to become “an intriguing alpha generator” due to the wide variance in how companies cope with it, according to Tobias Levkovich, Citigroup Inc.’s chief U.S. equity strategist.</p>\n<p>“Lead indicators suggest that an inflation scare may be in the making,” Levkovich wrote. “Companies with price flexibility should come out as winners.”</p>\n<p><img src=\"https://static.tigerbbs.com/1277507bef168d68d0ded84582f420d2\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Energy stocks have the best track-record during periods of rising consumer prices, according to Ned Davis. In seven out of nine cases of high inflation since 1972, the industry outperformed the S&P 500 by a median of 14 percentage points, the study showed.</p>\n<p>When ranked by investment style, cyclical value stocks -- companies whose sales are more sensitive to economic swings and usually trade at relatively cheap valuations -- tend to do better when inflation runs high, Ned Davisnoted.</p>\n<p>Crude oil has surged this year, bolstered by confidence in a global economic recovery. Those bets have been reflected in the stock market, with energy producers including Exxon Mobil Corp. and Marathon Oil Corp. soaring. The industry has led gains in the S&P 500 in 2021, climbing five times more than the equity benchmark.</p>\n<p>While inflation’s ramifications for the broader market are not straightforward, a look under the surface shows investors are preparing for the outcome by favoring companies with high operating leverage, or the ability to extract profits from revenue.</p>\n<p>While both sales and input costs tend to increase when inflation rises, companies with strong leverage potentially offer a safer trade. The reason is: the effect of growing revenue would outweigh the production costs.</p>\n<p>Since the start of February, a basket of stocks with the highest operating leverage that strips out industry bias has beaten the cohort of weakest ones by 1.7 percentage points, data compiled by Goldman Sachs and Bloomberg show. The gauge is poised for a fourth straight month of outperformance, the longest streak since the taper tantrum year of 2013.</p>\n<p>Higher input costs such as commodities pose little threat to overall earnings for S&P 500 companies partly because some industries gain as material prices climb and others hedge exposure, according to Goldman Sachs strategists including David Kostin.</p>\n<p>Labor costs, on the other hand, are a bigger headwind, with an increase of 100 basis points in wage growth likely amounting to a 1% reduction in company profits, their estimates show. Accordingly, they advise investors to favor firms whose labor costs make up a smaller share of revenue, such as Under Armour Inc. and Biogen Inc.</p>\n<p>“Many investors believe the spending boost will lead to higher inflation and interest rates, which would reduce the value of equity duration and increase the importance of near-term growth,” Kostin wrote in a note earlier this month. “Historically, inflation has boosted nominal S&P 500 revenues, but weighed on profit margins as companies struggled to lift prices at the same pace as rising input costs.”</p>\n<p><img src=\"https://static.tigerbbs.com/41ea1342ca16ec7686d64a4b06ac8c11\" tg-width=\"1200\" tg-height=\"802\"></p>\n<p>Societe Generale’s strategists led by Andrew Lapthorne have built a basket of stocks based on their sensitivity to metrics like fluctuations in copper and food prices. Basic materials, technology and energy shares currently make up two thirds of the portfolio.</p>\n<p>While the group has proved its worth by rising with inflation expectations in recent months, one drawback is its poor performance during times of disinflation -- something that has gripped the market for much of the past decade, theynoted. To offset that deficiency, the Societe Generale strategists designed a trade dubbed “call replication” that limits the downside risk while maximizing the upside.</p>\n<p>“When we speak to investors, they want the upside from value rallies and would like to hedge inflation risk, but most find the volatility incompatible with their risk tolerance,” Lapthorne wrote in a note Thursday. “Call replication strikes the right balance.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation Angst Is About to Rewrite the Stock Market Playbook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation Angst Is About to Rewrite the Stock Market Playbook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-22 11:50 GMT+8 <a href=http://bloomberg.com/news/articles/2021-02-21/inflation-angst-is-about-to-rewrite-the-stock-market-playbook?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>History shows energy shares tend to be the best inflation bet\nGoldman touts firms with higher operating leverage as winners\n\nFor bond investors, inflation is pretty much all bad news, eating into the ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-02-21/inflation-angst-is-about-to-rewrite-the-stock-market-playbook?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","F":"福特汽车",".SPX":"S&P 500 Index","XOM":"埃克森美孚",".DJI":"道琼斯","DIS":"迪士尼"},"source_url":"http://bloomberg.com/news/articles/2021-02-21/inflation-angst-is-about-to-rewrite-the-stock-market-playbook?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176686506","content_text":"History shows energy shares tend to be the best inflation bet\nGoldman touts firms with higher operating leverage as winners\n\nFor bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices.\nWhile there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity. Energy shares have been persistent winners during times of high inflation over the past five decades, a study from Ned Davis Research shows.\nGoldman Sachs Group Inc. recommends companies better equipped to derive earnings from sales, such as automaker Ford Motor Co. and media firm Discovery Inc.To Societe Generale SA, supply and demand imbalances suggest mining shares and fertilizer producers offer better hedges should pressures build.\nNo matter how sanguine Federal Reserve Chair Jerome Powellisabout the topic right now, inflation will one day matter again for stocks. Just in the last few weeks, hawks have observed worrying signs in everything from a global shortage of computer chips to the biggest jump in U.S. producer prices on record.\nWith the economic outlook brightening, Covid-19 cases falling and more fiscal stimulus on the horizon, nervousness about inflation is percolating. That means pricing power is set to become “an intriguing alpha generator” due to the wide variance in how companies cope with it, according to Tobias Levkovich, Citigroup Inc.’s chief U.S. equity strategist.\n“Lead indicators suggest that an inflation scare may be in the making,” Levkovich wrote. “Companies with price flexibility should come out as winners.”\n\nEnergy stocks have the best track-record during periods of rising consumer prices, according to Ned Davis. In seven out of nine cases of high inflation since 1972, the industry outperformed the S&P 500 by a median of 14 percentage points, the study showed.\nWhen ranked by investment style, cyclical value stocks -- companies whose sales are more sensitive to economic swings and usually trade at relatively cheap valuations -- tend to do better when inflation runs high, Ned Davisnoted.\nCrude oil has surged this year, bolstered by confidence in a global economic recovery. Those bets have been reflected in the stock market, with energy producers including Exxon Mobil Corp. and Marathon Oil Corp. soaring. The industry has led gains in the S&P 500 in 2021, climbing five times more than the equity benchmark.\nWhile inflation’s ramifications for the broader market are not straightforward, a look under the surface shows investors are preparing for the outcome by favoring companies with high operating leverage, or the ability to extract profits from revenue.\nWhile both sales and input costs tend to increase when inflation rises, companies with strong leverage potentially offer a safer trade. The reason is: the effect of growing revenue would outweigh the production costs.\nSince the start of February, a basket of stocks with the highest operating leverage that strips out industry bias has beaten the cohort of weakest ones by 1.7 percentage points, data compiled by Goldman Sachs and Bloomberg show. The gauge is poised for a fourth straight month of outperformance, the longest streak since the taper tantrum year of 2013.\nHigher input costs such as commodities pose little threat to overall earnings for S&P 500 companies partly because some industries gain as material prices climb and others hedge exposure, according to Goldman Sachs strategists including David Kostin.\nLabor costs, on the other hand, are a bigger headwind, with an increase of 100 basis points in wage growth likely amounting to a 1% reduction in company profits, their estimates show. Accordingly, they advise investors to favor firms whose labor costs make up a smaller share of revenue, such as Under Armour Inc. and Biogen Inc.\n“Many investors believe the spending boost will lead to higher inflation and interest rates, which would reduce the value of equity duration and increase the importance of near-term growth,” Kostin wrote in a note earlier this month. “Historically, inflation has boosted nominal S&P 500 revenues, but weighed on profit margins as companies struggled to lift prices at the same pace as rising input costs.”\n\nSociete Generale’s strategists led by Andrew Lapthorne have built a basket of stocks based on their sensitivity to metrics like fluctuations in copper and food prices. Basic materials, technology and energy shares currently make up two thirds of the portfolio.\nWhile the group has proved its worth by rising with inflation expectations in recent months, one drawback is its poor performance during times of disinflation -- something that has gripped the market for much of the past decade, theynoted. To offset that deficiency, the Societe Generale strategists designed a trade dubbed “call replication” that limits the downside risk while maximizing the upside.\n“When we speak to investors, they want the upside from value rallies and would like to hedge inflation risk, but most find the volatility incompatible with their risk tolerance,” Lapthorne wrote in a note Thursday. “Call replication strikes the right balance.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324886196,"gmtCreate":1615982878115,"gmtModify":1704789274779,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Like my comment plssss","listText":"Like my comment plssss","text":"Like my comment plssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324886196","repostId":"2120855851","repostType":4,"repost":{"id":"2120855851","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1615977678,"share":"https://ttm.financial/m/news/2120855851?lang=&edition=fundamental","pubTime":"2021-03-17 18:41","market":"us","language":"en","title":"China's Pinduoduo quarterly revenue more than doubles","url":"https://stock-news.laohu8.com/highlight/detail?id=2120855851","media":"Reuters","summary":"March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenu","content":"<p>March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenue on Wednesday, thanks to online shoppers buying everything from groceries to luxury products from the comfort of their homes.</p><p>Pinduoduo allows buyers to avail greater discounts when shopping with more number of people - something that seems to have attracted consumers who have less spendable income due to the impact of the COVID-19 pandemic.</p><p>The Shanghai-based company's annual active users jumped during the pandemic-hit year, helping Pinduoduo overtake larger rival Alibaba Group to become China's largest e-commerce platform by consumers.</p><p>Pinduoduo reported 788.4 million active buyers in 2020, while Alibaba had recorded 779 million active buyers during the same period.</p><p>Total revenues rose to 26.55 billion yuan ($4.08 billion) in the fourth quarter ended Dec. 31, topping analysts' estimates of 19.22 billion yuan, according to IBES data from Refinitiv.</p><p>Net loss narrowed to 1.38 billion yuan from 1.75 billion yuan a year earlier. ($1 = 6.5027 Chinese yuan renminbi)</p><p><img src=\"https://static.tigerbbs.com/a078408adff2929b7f4ef1c2cb6f4ea5\" tg-width=\"1045\" tg-height=\"546\"></p><p><b>Fourth Quarter 2020 Highlights</b></p><ul><li><b>GMV1</b> in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b> in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b> in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b> in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b> in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul><p>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b> were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><b>Fiscal Year 2020 Financial Results</b></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Recent Development</b></p><p>As of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</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>China's Pinduoduo quarterly revenue more than doubles</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\">\nChina's Pinduoduo quarterly revenue more than doubles\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\">2021-03-17 18:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenue on Wednesday, thanks to online shoppers buying everything from groceries to luxury products from the comfort of their homes.</p><p>Pinduoduo allows buyers to avail greater discounts when shopping with more number of people - something that seems to have attracted consumers who have less spendable income due to the impact of the COVID-19 pandemic.</p><p>The Shanghai-based company's annual active users jumped during the pandemic-hit year, helping Pinduoduo overtake larger rival Alibaba Group to become China's largest e-commerce platform by consumers.</p><p>Pinduoduo reported 788.4 million active buyers in 2020, while Alibaba had recorded 779 million active buyers during the same period.</p><p>Total revenues rose to 26.55 billion yuan ($4.08 billion) in the fourth quarter ended Dec. 31, topping analysts' estimates of 19.22 billion yuan, according to IBES data from Refinitiv.</p><p>Net loss narrowed to 1.38 billion yuan from 1.75 billion yuan a year earlier. ($1 = 6.5027 Chinese yuan renminbi)</p><p><img src=\"https://static.tigerbbs.com/a078408adff2929b7f4ef1c2cb6f4ea5\" tg-width=\"1045\" tg-height=\"546\"></p><p><b>Fourth Quarter 2020 Highlights</b></p><ul><li><b>GMV1</b> in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b> in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b> in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b> in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b> in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul><p>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b> were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><b>Fiscal Year 2020 Financial Results</b></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><p><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><b>Recent Development</b></p><p>As of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</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":"2120855851","content_text":"March 17 (Reuters) - Chinese e-commerce firm Pinduoduo Inc reported a 146% surge in quarterly revenue on Wednesday, thanks to online shoppers buying everything from groceries to luxury products from the comfort of their homes.Pinduoduo allows buyers to avail greater discounts when shopping with more number of people - something that seems to have attracted consumers who have less spendable income due to the impact of the COVID-19 pandemic.The Shanghai-based company's annual active users jumped during the pandemic-hit year, helping Pinduoduo overtake larger rival Alibaba Group to become China's largest e-commerce platform by consumers.Pinduoduo reported 788.4 million active buyers in 2020, while Alibaba had recorded 779 million active buyers during the same period.Total revenues rose to 26.55 billion yuan ($4.08 billion) in the fourth quarter ended Dec. 31, topping analysts' estimates of 19.22 billion yuan, according to IBES data from Refinitiv.Net loss narrowed to 1.38 billion yuan from 1.75 billion yuan a year earlier. ($1 = 6.5027 Chinese yuan renminbi)Fourth Quarter 2020 HighlightsGMV1 in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.Total revenues in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.Average monthly active users3 in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.Active buyers4 in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.Annual spending per active buyer5 in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”Fourth Quarter 2020 Unaudited Financial ResultsTotal revenueswereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and others were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.Revenues from transaction serviceswereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.Revenues from merchandise saleswereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.Total costs of revenueswereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.Sales and marketing expenseswereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.Research and development expenseswereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.Non-GAAP operating loss6wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.Net loss attributable to ordinary shareholderswasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.Basic and diluted net loss per ADSwereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.Non-GAAP basic and diluted net loss per ADSwereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.Net cash flow from operating activitieswasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.Fiscal Year 2020 Financial ResultsTotal revenueswereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.Revenues from transaction serviceswereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.Revenues from merchandise saleswereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.Total costs of revenueswereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.Sales and marketing expenseswereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.Research and development expenseswereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.Non-GAAP operating losswasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.Net loss attributable to ordinary shareholderswasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.Basic and diluted net loss per ADSwereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.Net cash provided by operating activitieswasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.Recent DevelopmentAs of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325940194,"gmtCreate":1615859513218,"gmtModify":1704787562189,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/325940194","repostId":"2119170941","repostType":4,"isVote":1,"tweetType":1,"viewCount":564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360424398,"gmtCreate":1613968061614,"gmtModify":1704886270690,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/3573629425643030\">@TheNoobish</a>reply my comment you idiot","listText":"<a href=\"https://laohu8.com/U/3573629425643030\">@TheNoobish</a>reply my comment you idiot","text":"@TheNoobishreply my comment you idiot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/360424398","repostId":"1128649853","repostType":4,"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350517334,"gmtCreate":1616229191128,"gmtModify":1704792348888,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Comments pls!","listText":"Comments pls!","text":"Comments pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350517334","repostId":"1117450855","repostType":4,"repost":{"id":"1117450855","kind":"news","pubTimestamp":1616166767,"share":"https://ttm.financial/m/news/1117450855?lang=&edition=fundamental","pubTime":"2021-03-19 23:12","market":"us","language":"en","title":"Powell says Fed will keep supporting economy ‘for as long as it takes’","url":"https://stock-news.laohu8.com/highlight/detail?id=1117450855","media":"marketwatch","summary":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o","content":"<blockquote>\n <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b>\n</blockquote>\n<p>Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p>\n<p>In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p>\n<p>“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p>\n<p>Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p>\n<p>The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p>\n<p>With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p>\n<p>In the op-ed, Powell said the situation “is much improved.”</p>\n<p>“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p>\n<p>“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p>\n<p>On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p>\n<p>The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p>\n<p>Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p>\n<p>Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell says Fed will keep supporting economy ‘for as long as it takes’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell says Fed will keep supporting economy ‘for as long as it takes’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 23:12 GMT+8 <a href=https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” ...</p>\n\n<a href=\"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117450855","content_text":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”\nIn an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.\n“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.\nPowell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.\nThe central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.\nWith economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.\nIn the op-ed, Powell said the situation “is much improved.”\n“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.\n“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.\nOn Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.\nThe Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.\nYields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.\nStocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367392342,"gmtCreate":1614908612386,"gmtModify":1704776837151,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Adding oil to the flames only... and then picking up the shares....","listText":"Adding oil to the flames only... and then picking up the shares....","text":"Adding oil to the flames only... and then picking up the shares....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367392342","repostId":"1151606825","repostType":4,"repost":{"id":"1151606825","kind":"news","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8 <a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386413117,"gmtCreate":1613236925639,"gmtModify":1704879546246,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386413117","repostId":"2110200430","repostType":4,"repost":{"id":"2110200430","kind":"news","pubTimestamp":1613078500,"share":"https://ttm.financial/m/news/2110200430?lang=&edition=fundamental","pubTime":"2021-02-12 05:21","market":"us","language":"en","title":"BlackRock Minimum Volatility ETF Has Bled Cash Every Day in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2110200430","media":"Bloomberg","summary":"(Bloomberg) -- Investors have minimized the love for BlackRock Inc.’s minimum volatility exchange-tr","content":"<p>(Bloomberg) -- Investors have minimized the love for BlackRock Inc.’s minimum volatility exchange-traded fund.</p>\n<p>The firm’s $30 billion <a href=\"https://laohu8.com/S/IHPXF\">iShares MSCI</a> USA Min Vol Factor ETF (USMV) is steadily bleeding cash, totaling $3.5 billion in losses so far this year, according to data compiled by Bloomberg. That’s on top of $4.6 billion pulled in 2020.</p>\n<p>These outflows stand in stark contrast with the overall U.S. ETF market, which has already taken in $113 billion in the first five weeks of the year -- more than the entire third quarter in 2020. But products following a low-volatility strategy have become the least-loved sector of the smart beta universe, after failing to protect against market swings last year.</p>\n<p>“Investors had been piling into those funds prior to the Corona crash, and when that came, those funds were down as much or more than the market and that turned some investors off,” said Nate Geraci, president of the ETF Store, an advisory firm.</p>\n<p>Overall, funds implementing the strategy -- in which investors overvalue volatile equities and undervalue stocks that fluctuate less -- have lost almost $5 billion this year, after facing $13.3 billion in outflows last year.</p>\n<p>There’s also the growing reflation trade, which has been spurred by ongoing vaccine rollouts, expectations of further federal fiscal aid and largely positive earnings reports -- all sending equities to all-time highs.</p>\n<p>“It’s just been a story where flows are going into those riskier segments of the market, higher beta versus pursuing low-vol strategies,” Geraci said.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nBlackRock Minimum Volatility ETF Has Bled Cash Every Day in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 05:21 GMT+8 <a href=https://finance.yahoo.com/news/blackrock-minimum-volatility-etf-bled-212140767.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Investors have minimized the love for BlackRock Inc.’s minimum volatility exchange-traded fund.\nThe firm’s $30 billion iShares MSCI USA Min Vol Factor ETF (USMV) is steadily bleeding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blackrock-minimum-volatility-etf-bled-212140767.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/723792d40ba9c0afd8c2a721ec45ed24","relate_stocks":{"BLK":"贝莱德"},"source_url":"https://finance.yahoo.com/news/blackrock-minimum-volatility-etf-bled-212140767.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2110200430","content_text":"(Bloomberg) -- Investors have minimized the love for BlackRock Inc.’s minimum volatility exchange-traded fund.\nThe firm’s $30 billion iShares MSCI USA Min Vol Factor ETF (USMV) is steadily bleeding cash, totaling $3.5 billion in losses so far this year, according to data compiled by Bloomberg. That’s on top of $4.6 billion pulled in 2020.\nThese outflows stand in stark contrast with the overall U.S. ETF market, which has already taken in $113 billion in the first five weeks of the year -- more than the entire third quarter in 2020. But products following a low-volatility strategy have become the least-loved sector of the smart beta universe, after failing to protect against market swings last year.\n“Investors had been piling into those funds prior to the Corona crash, and when that came, those funds were down as much or more than the market and that turned some investors off,” said Nate Geraci, president of the ETF Store, an advisory firm.\nOverall, funds implementing the strategy -- in which investors overvalue volatile equities and undervalue stocks that fluctuate less -- have lost almost $5 billion this year, after facing $13.3 billion in outflows last year.\nThere’s also the growing reflation trade, which has been spurred by ongoing vaccine rollouts, expectations of further federal fiscal aid and largely positive earnings reports -- all sending equities to all-time highs.\n“It’s just been a story where flows are going into those riskier segments of the market, higher beta versus pursuing low-vol strategies,” Geraci said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321258446,"gmtCreate":1615442835585,"gmtModify":1704782827723,"author":{"id":"3573728887738549","authorId":"3573728887738549","name":"heartspanda","avatar":"https://static.tigerbbs.com/d71c1e09e1e9b0819478986bcb4dc062","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573728887738549","authorIdStr":"3573728887738549"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321258446","repostId":"1168853647","repostType":4,"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}