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2021-06-17

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These 10 Stocks Make Up 85% of Warren Buffett's Portfolio

2021-06-01

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2021-05-06

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2021-04-05

Pls help comment. ?

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Zz

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2021-05-21

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Disney: On A Pricey Stock And A Studio Comeback

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Wall Street closes lower as inflation fears prompt tech sell-off

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Dow falls nearly 100 points from a record high, S&P 500 breaks a 3-day winning streak

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Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits

2021-05-20

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2021-04-07

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New York approves legal online sports betting

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The 5 Worst Reasons to Buy AMC Entertainment Stock

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[Miser] [Miser] [Miser] [Miser]

ZipRecruiter Is Going Public This Month. What to Know.

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Why AMC Entertainment Stock Jumped Again Friday

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Why AMC Entertainment Stock Jumped Again Friday

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??

Airbnb CEO says company is going to need millions more hosts to meet surging demand

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Nice

Can You Make Coin Investing In Coinbase?

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Wow

Nio, XPeng File For Hong Kong Listings: Report

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days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.13","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":3,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":161351556,"gmtCreate":1623906566975,"gmtModify":1703823212617,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161351556","repostId":"2143379379","repostType":4,"repost":{"id":"2143379379","kind":"highlight","pubTimestamp":1623893744,"share":"https://ttm.financial/m/news/2143379379?lang=&edition=fundamental","pubTime":"2021-06-17 09:35","market":"us","language":"en","title":"These 10 Stocks Make Up 85% of Warren Buffett's Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2143379379","media":"Motley Fool","summary":"Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.","content":"<p>If you've ever wondered why <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!</p>\n<p>What's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.</p>\n<p>Another source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/601f21f3cc2f9e5524bd5d613063faa2\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>1. Apple: $115.6 billion</h2>\n<p>Tech kingpin <b>Apple</b> (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.</p>\n<h2>2. Bank of America: $43.2 billion</h2>\n<p>Bank stocks have long been Buffett's favorite place to put Berkshire's money work. <b>Bank of America</b> (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\"><span>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</span></p>\n<h2>3. American Express: $24.9 billion</h2>\n<p>Payment processor and lender <b>American Express</b> (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.</p>\n<h2>4. Coca-Cola: $22.5 billion</h2>\n<p>Speaking of long-tenured holdings, beverage behemoth <b>Coca-Cola</b> (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Getty Images.</span></p>\n<h2>5. Kraft Heinz: $14.1 billion</h2>\n<p>There's little question that <b>Kraft Heinz</b> (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.</p>\n<h2>6. Verizon Communications: $9.1 billion</h2>\n<p>Telecommunications giant <b>Verizon</b> (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>7. U.S. Bancorp: $8.7 billion</h2>\n<p>Next to BofA, <b>U.S. Bancorp</b> (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.</p>\n<h2>8. Moody's: $8.5 billion</h2>\n<p>Credit agency and analytics company <b>Moody's</b> (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>9. BYD: $6.2 billion</h2>\n<p>Back in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer <b>BYD</b> (OTC:BYDDY)&nbsp;for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors <b>NIO</b>&nbsp;and <b>XPeng</b>&nbsp;delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.</p>\n<h2>10. DaVita: $4.4 billion</h2>\n<p>Rounding out the top 10 is kidney dialysis services company <b>DaVita</b> (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.</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>These 10 Stocks Make Up 85% of Warren Buffett's Portfolio</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\">\nThese 10 Stocks Make Up 85% of Warren Buffett's Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","AXP":"美国运通","AAPL":"苹果","USB":"美国合众银行","BAC":"美国银行","VZ":"威瑞森","BYDDY":"比亚迪ADR","MCO":"穆迪","KO":"可口可乐","DVA":"达维塔保健","BRK.A":"伯克希尔","KHC":"卡夫亨氏"},"source_url":"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143379379","content_text":"If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!\nWhat's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.\nAnother source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\n1. Apple: $115.6 billion\nTech kingpin Apple (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.\n2. Bank of America: $43.2 billion\nBank stocks have long been Buffett's favorite place to put Berkshire's money work. Bank of America (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.\nImage source: American Express.\n3. American Express: $24.9 billion\nPayment processor and lender American Express (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.\n4. Coca-Cola: $22.5 billion\nSpeaking of long-tenured holdings, beverage behemoth Coca-Cola (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.\nImage source: Getty Images.\n5. Kraft Heinz: $14.1 billion\nThere's little question that Kraft Heinz (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.\n6. Verizon Communications: $9.1 billion\nTelecommunications giant Verizon (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably one of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.\nImage source: Getty Images.\n7. U.S. Bancorp: $8.7 billion\nNext to BofA, U.S. Bancorp (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.\n8. Moody's: $8.5 billion\nCredit agency and analytics company Moody's (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.\nImage source: Getty Images.\n9. BYD: $6.2 billion\nBack in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer BYD (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors NIO and XPeng delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.\n10. DaVita: $4.4 billion\nRounding out the top 10 is kidney dialysis services company DaVita (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.","news_type":1},"isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169747788,"gmtCreate":1623852176544,"gmtModify":1703821438283,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169747788","repostId":"1138545791","repostType":4,"repost":{"id":"1138545791","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623850706,"share":"https://ttm.financial/m/news/1138545791?lang=&edition=fundamental","pubTime":"2021-06-16 21:38","market":"us","language":"en","title":"General Motors shares surges more than 3% in moring trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1138545791","media":"Tiger Newspress","summary":"General Motors shares surges more than 3% in moring trading.\nGeneral Motors said on Wednesday it wil","content":"<p>General Motors&nbsp;shares&nbsp;surges&nbsp;more&nbsp;than&nbsp;3%&nbsp;in&nbsp;moring&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/62c4e8e4eca776efaebd98402c5b199b\" tg-width=\"801\" tg-height=\"594\" referrerpolicy=\"no-referrer\">General Motors&nbsp;said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025, a 30% increase from plans announced late last year. It also said it is raising its earnings guidance for the first half of the year.</p>\n<p>The additional money will be used to&nbsp;expand its rollout of EVs and accelerate production of its battery and fuel cell technologies, including two new U.S. battery plants in addition to two that are currently under construction.</p>\n<p>America's largest automaker is racing to catch up to EV leaderTeslaand compete for a leadership position against other well-established automakers such asVolkswagen. GM plans to sell more than 1 million EVs annually by 2025.</p>\n<p>\"We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,\" GM CEOMary Barrasaid in a statement.</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>General Motors shares surges more than 3% in moring trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Motors shares surges more than 3% in moring trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 21:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>General Motors&nbsp;shares&nbsp;surges&nbsp;more&nbsp;than&nbsp;3%&nbsp;in&nbsp;moring&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/62c4e8e4eca776efaebd98402c5b199b\" tg-width=\"801\" tg-height=\"594\" referrerpolicy=\"no-referrer\">General Motors&nbsp;said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025, a 30% increase from plans announced late last year. It also said it is raising its earnings guidance for the first half of the year.</p>\n<p>The additional money will be used to&nbsp;expand its rollout of EVs and accelerate production of its battery and fuel cell technologies, including two new U.S. battery plants in addition to two that are currently under construction.</p>\n<p>America's largest automaker is racing to catch up to EV leaderTeslaand compete for a leadership position against other well-established automakers such asVolkswagen. GM plans to sell more than 1 million EVs annually by 2025.</p>\n<p>\"We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,\" GM CEOMary Barrasaid in a statement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138545791","content_text":"General Motors shares surges more than 3% in moring trading.\nGeneral Motors said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025, a 30% increase from plans announced late last year. It also said it is raising its earnings guidance for the first half of the year.\nThe additional money will be used to expand its rollout of EVs and accelerate production of its battery and fuel cell technologies, including two new U.S. battery plants in addition to two that are currently under construction.\nAmerica's largest automaker is racing to catch up to EV leaderTeslaand compete for a leadership position against other well-established automakers such asVolkswagen. GM plans to sell more than 1 million EVs annually by 2025.\n\"We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,\" GM CEOMary Barrasaid in a statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185720751,"gmtCreate":1623674437573,"gmtModify":1704208322807,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185720751","repostId":"1137802655","repostType":4,"repost":{"id":"1137802655","kind":"news","pubTimestamp":1623673999,"share":"https://ttm.financial/m/news/1137802655?lang=&edition=fundamental","pubTime":"2021-06-14 20:33","market":"us","language":"en","title":"Wall Street analysts are split on what's next for Oatly's stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1137802655","media":"cnbc","summary":"Oatly has been on a tear over the past three weeks, but Wall Street analysts are divided about wheth","content":"<div>\n<p>Oatly has been on a tear over the past three weeks, but Wall Street analysts are divided about whether investors should jump in now.\nThe alternative milk stock has been one of the hottest plays for ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/14/oatly-stock-jpmorgan-guggenheim-morgan-stanley.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Wall Street analysts are split on what's next for Oatly's stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street analysts are split on what's next for Oatly's stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 20:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/14/oatly-stock-jpmorgan-guggenheim-morgan-stanley.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oatly has been on a tear over the past three weeks, but Wall Street analysts are divided about whether investors should jump in now.\nThe alternative milk stock has been one of the hottest plays for ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/14/oatly-stock-jpmorgan-guggenheim-morgan-stanley.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OTLY":"Oatly Group AB"},"source_url":"https://www.cnbc.com/2021/06/14/oatly-stock-jpmorgan-guggenheim-morgan-stanley.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1137802655","content_text":"Oatly has been on a tear over the past three weeks, but Wall Street analysts are divided about whether investors should jump in now.\nThe alternative milk stock has been one of the hottest plays for investorssince its IPO last month. After being priced at $17 per share, the stock has jumped nearly 70% to $28.73 per share.\nHowever, some of the biggest investment firms are tepid on the stock after that strong start. A slate of initiations on Monday showed that Wall Street is split on how Oatly should be valued.\nJefferies, which was involved in Oatly’s IPO, has a buy rating and one of the highest price targets on the stock at $34 per share. Guggenheim Securities is similarly bullish at $32 per share and projected significant growth for the company.\n“The company is in the early stages of a long-term growth story that could generate double-digit annual sales growth for at least the next 10 years if it continues to invest heavily in capacity expansion,” Guggenheim said in a note to clients.\nJPMorgan, however, gave the stock a neutral rating and a $24 price target, saying that competition in the space is sure to increase and clouds the outlook for the company.\n“Oatly may have to raise more capital within a couple of years, and we view the stock as slightly overvalued (with volatility likely ahead). All in, we are impressed by Oatly’s fundamentals and potential but would wait for a better entry point,” the JPMorgan note said.\nSimilarly, Morgan Stanley gave the stock an equal weight rating, saying that long-term growth was already priced in.\nHere are the analyst ratings and price targets from the latest initiations on Oatly:\n\nJefferies: Buy, $34 target\nPiper Sandler: Overweight, $30 target\nJPMorgan: Neutral, $24 target\nGuggenheim: Buy, $32 target\nMorgan Stanley: Equal weight, $29 target\nCredit Suisse: Outperform, $30 target\nOppenheimer: Perform, no target","news_type":1},"isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181568014,"gmtCreate":1623402245638,"gmtModify":1704202627428,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181568014","repostId":"2142240312","repostType":4,"repost":{"id":"2142240312","kind":"highlight","pubTimestamp":1623401460,"share":"https://ttm.financial/m/news/2142240312?lang=&edition=fundamental","pubTime":"2021-06-11 16:51","market":"us","language":"en","title":"Tesla Stock: Headed to $1,000?","url":"https://stock-news.laohu8.com/highlight/detail?id=2142240312","media":"Motley Fool","summary":"Here's why this analyst thinks the growth stock could soar.","content":"<p>Concerns about <b>Tesla</b>'s (NASDAQ:TSLA) electric-car sales in China have mounted recently, creating some worries about the growth stock's lofty valuation. Indeed, GLJ Research analyst Gordon Johnson says he believes Tesla's monthly vehicle deliveries in the important auto market have peaked at around 20,000. \"Should this prove to be the case, that would take a massive chunk out of the TSLA bull case,\" the analyst said in a note to investors on Tuesday.</p>\n<p>But <a href=\"https://laohu8.com/S/AONE\">one</a> analyst remains resolutely bullish on Tesla shares: Wedbush analyst Daniel Ives. Here are his thoughts on the China situation and the company's overall potential.</p>\n<p><img src=\"https://static.tigerbbs.com/6a09dba5107981bb3505c38abea10483\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Model X. Image source: Tesla.</p>\n<h2>A major opportunity</h2>\n<p>Though Ives admits that Tesla's second quarter may have started off rocky in China, he believes that things will smooth out over time since the market opportunity is so significant. He notes that he expects electric-vehicle sales as a percentage of total annual auto sales in the market to increase from 5% to 10% over the next 10 years. As a pure-play electric-vehicle manufacturer, Tesla is positioned to benefit, Ives believes.</p>\n<p>Further, the analyst notes that recently released data from China Passenger Car Association (CPCA) points to a 29% jump in monthly Tesla vehicle sales in May, compared to April -- though 11,527 of the 33,463 were exported. Nevertheless, with a reported 33,463 deliveries, the company's China manufacturing seems to be contributing meaningfully to Tesla's overall sales. For reference, Tesla delivered about 185,000 electric vehicles globally in its first quarter of 2021.</p>\n<p>Tesla has invested aggressively in the China market, building a major factory in Shanghai. Indeed, its China market currently has enough tooling installed to build 450,000 vehicles annually, though it may take time for Tesla to ramp up production enough to achieve this capacity.</p>\n<p>\"Model Y ramp in Shanghai is progressing well,\" Tesla said in its first-quarter update. \"We expect that our Shanghai factory will continue to increase quarterly production output through the year.\"</p>\n<h2>The path to $1,000</h2>\n<p>Ives has a $1,000 12-month price target on Tesla stock, representing 67% upside from where shares are trading today.</p>\n<p>The analyst's $1,000 price target for the stock was established after Tesla announced first-quarter deliveries that crushed analyst estimates. At the time of his price-target increase, he said he thinks Tesla deliveries could exceed 850,000 this year -- a huge jump from approximately 500,000 deliveries last year.</p>\n<p>While these analyst opinions can be informative, investors should focus less on month-to-month and quarter-to-quarter deliveries and more on Tesla's year-to-year execution. It's difficult to gauge how a company's sales are trending or its expansion is faring over periods of months or quarters.</p>\n<p>Let's zoom out and see what happens for the full year. The automaker's total 2021 deliveries in China relative to its total deliveries in the market in 2020 and 2019 will likely be more telling about the company's long-term sales trajectory in the market.</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>Tesla Stock: Headed to $1,000?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock: Headed to $1,000?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/10/tesla-stock-headed-to-1000/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Concerns about Tesla's (NASDAQ:TSLA) electric-car sales in China have mounted recently, creating some worries about the growth stock's lofty valuation. Indeed, GLJ Research analyst Gordon Johnson says...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/10/tesla-stock-headed-to-1000/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/06/10/tesla-stock-headed-to-1000/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142240312","content_text":"Concerns about Tesla's (NASDAQ:TSLA) electric-car sales in China have mounted recently, creating some worries about the growth stock's lofty valuation. Indeed, GLJ Research analyst Gordon Johnson says he believes Tesla's monthly vehicle deliveries in the important auto market have peaked at around 20,000. \"Should this prove to be the case, that would take a massive chunk out of the TSLA bull case,\" the analyst said in a note to investors on Tuesday.\nBut one analyst remains resolutely bullish on Tesla shares: Wedbush analyst Daniel Ives. Here are his thoughts on the China situation and the company's overall potential.\n\nModel X. Image source: Tesla.\nA major opportunity\nThough Ives admits that Tesla's second quarter may have started off rocky in China, he believes that things will smooth out over time since the market opportunity is so significant. He notes that he expects electric-vehicle sales as a percentage of total annual auto sales in the market to increase from 5% to 10% over the next 10 years. As a pure-play electric-vehicle manufacturer, Tesla is positioned to benefit, Ives believes.\nFurther, the analyst notes that recently released data from China Passenger Car Association (CPCA) points to a 29% jump in monthly Tesla vehicle sales in May, compared to April -- though 11,527 of the 33,463 were exported. Nevertheless, with a reported 33,463 deliveries, the company's China manufacturing seems to be contributing meaningfully to Tesla's overall sales. For reference, Tesla delivered about 185,000 electric vehicles globally in its first quarter of 2021.\nTesla has invested aggressively in the China market, building a major factory in Shanghai. Indeed, its China market currently has enough tooling installed to build 450,000 vehicles annually, though it may take time for Tesla to ramp up production enough to achieve this capacity.\n\"Model Y ramp in Shanghai is progressing well,\" Tesla said in its first-quarter update. \"We expect that our Shanghai factory will continue to increase quarterly production output through the year.\"\nThe path to $1,000\nIves has a $1,000 12-month price target on Tesla stock, representing 67% upside from where shares are trading today.\nThe analyst's $1,000 price target for the stock was established after Tesla announced first-quarter deliveries that crushed analyst estimates. At the time of his price-target increase, he said he thinks Tesla deliveries could exceed 850,000 this year -- a huge jump from approximately 500,000 deliveries last year.\nWhile these analyst opinions can be informative, investors should focus less on month-to-month and quarter-to-quarter deliveries and more on Tesla's year-to-year execution. It's difficult to gauge how a company's sales are trending or its expansion is faring over periods of months or quarters.\nLet's zoom out and see what happens for the full year. The automaker's total 2021 deliveries in China relative to its total deliveries in the market in 2020 and 2019 will likely be more telling about the company's long-term sales trajectory in the market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117402352,"gmtCreate":1623155229176,"gmtModify":1704197194791,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","listText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","text":"[Great] [Great] [Great] [Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/117402352","repostId":"1154765176","repostType":4,"repost":{"id":"1154765176","kind":"news","pubTimestamp":1623145510,"share":"https://ttm.financial/m/news/1154765176?lang=&edition=fundamental","pubTime":"2021-06-08 17:45","market":"us","language":"en","title":"Amazon Stock: Has It Produced The Most Alpha In Big Tech?","url":"https://stock-news.laohu8.com/highlight/detail?id=1154765176","media":"The Street","summary":"A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha?The Amazon Maven faces off six mega-cap stocks.A few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock  -Get Report since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.But has AMZN shares created the m","content":"<blockquote><b>A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.</b></blockquote><p>A&nbsp;few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock&nbsp;(<b>AMZN</b>) -Get Report&nbsp;since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.</p><p>But has AMZN shares created the most alpha within the mega-cap tech universe? Could investors have done much better by betting on names like Apple&nbsp;(<b>AAPL</b>) or Microsoft&nbsp;(<b>MSFT</b>) instead?</p><p><b>What is alpha?</b></p><p>First, it helps to look closer at the concept of alpha. Generally, alpha is thought to be the returns that an investor can earn in excess of a benchmark. In other words: how much has a stock or portfolio risen relative to the S&amp;P 500 or the Nasdaq? Investopediasummarizesas follows:</p><blockquote>Alpha (α) is a term used in investing to describe an investment strategy's ability to beat the market, or its ‘edge’. Alpha is also referred to as ‘excess return’ or ‘abnormal rate of return’.</blockquote><p>To me, this is a good start. But alpha should also consider one crucial factor: risk.</p><p>Beating the S&amp;P 500 might simply mean higher sensitivity to market forces (i.e. beta). So, the better question is: how much return can a stock produce<b><i>relative to risk</i></b>. I believe that this is a more complete view of alpha.</p><p><b>Amazon stock vs. the rest</b></p><p>Considering absolute returns only, Amazon stock ranks remarkably high within Big Tech for historical share price performance. The chart below shows that, over the past 10 years, AMZN has only lagged Tesla (TSLA) in annualized gains.</p><p><img src=\"https://static.tigerbbs.com/8474b2c893b04f99bbc62cbf3aaa9bec\" tg-width=\"683\" tg-height=\"409\" referrerpolicy=\"no-referrer\">Now, let me introduce risk to the equation. Risk is often defined (maybe too simplistically) as volatility. The more a stock rises and falls from minute to minute, or day to day, or week to week, the riskier it is.</p><p>So, one way to assess a stock’s returns relative to risk, thus giving us a better idea of its alpha potential, is to divide annualized returns by annualized volatility. By this methodology, Amazon stock loses its silver medal to Microsoft.</p><p><img src=\"https://static.tigerbbs.com/760869278d2e71f120fe4f1fc108de5a\" tg-width=\"680\" tg-height=\"405\" referrerpolicy=\"no-referrer\">One takeaway here is that, over the past decade, Amazon has achieved higher returns than any other FAAMG stock, but not without exposing investors to more volatility. If history repeats, investors should expect high returns to come alongside relatively sharper ups and downs as well.</p><p>Another way to think about risk, one that I have favored recently, is to think about sizable losses. A good question to ask would be: how much has a stock produced in average annual returns relative to its worst trailing 12-month (TTM) performance?</p><p>Using this methodology, not only does Amazon stock lose its silver medal, but it also drops out of the podium altogether. See chart below, and notice that Facebook has also performed better than Amazon in the past ten years in loss-adjusted terms.</p><p><img src=\"https://static.tigerbbs.com/affd59dcb14135f4a2cc892ad143ec26\" tg-width=\"683\" tg-height=\"405\" referrerpolicy=\"no-referrer\">Figure 4: Ratio: Annualized return vs. Worst TTM return.</p><p>DM Martins Research</p><p>Amazon, in fact, has one of the worst track records within Big Tech when it comes to sharp losses. By November 2008, AMZN had seen 57% of its value evaporate over the previous year. Only Alphabet, around the same time, performed any worse than this.</p><p><b>The key takeaways for investors</b></p><p>Having said the above, I think that Amazon investors can learn a few lessons from this historical price action analysis:</p><ul><li>Amazon has been a high-performing name, both since the IPO and over the past decade. In absolute terms, it is hard to find many stocks that have consistently delivered outsized returns.</li><li>Once risk is introduced to the discussion, Amazon stock’s performance goes from “outstanding” to a less exhilarating “solid”. Peers like Tesla, Microsoft and even Facebook seem to have been better alpha producers. In the 10 years that preceded the pandemic, in fact, Amazon’s volatility-adjusted returns were about the same as the S&amp;P 500’s.</li><li>AMZN investors should understand that the stock could continue to produce outsized gains, but also endure higher volatility and sharper losses, as it has in the last decade or more.</li><li>As always, past performance is not a guarantee of future results. Use history as a rough guide to set expectations, but understand that share price behavior can be quite different going forward.</li></ul><p><b>Twitter speaks</b></p><p>Pop quiz: relative to volatility (that is, in risk-adjusted terms), which of the following mega-cap tech stock has delivered the best returns in the past 10 year? Leave your vote below and follow The Amazon Maven on Twitter!</p><p><img src=\"https://static.tigerbbs.com/e679074ff1db7d9f81416239eecca1dd\" tg-width=\"584\" tg-height=\"448\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock: Has It Produced The Most Alpha In Big Tech?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock: Has It Produced The Most Alpha In Big Tech?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.A few ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154765176","content_text":"A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.A few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock (AMZN) -Get Report since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.But has AMZN shares created the most alpha within the mega-cap tech universe? Could investors have done much better by betting on names like Apple (AAPL) or Microsoft (MSFT) instead?What is alpha?First, it helps to look closer at the concept of alpha. Generally, alpha is thought to be the returns that an investor can earn in excess of a benchmark. In other words: how much has a stock or portfolio risen relative to the S&P 500 or the Nasdaq? Investopediasummarizesas follows:Alpha (α) is a term used in investing to describe an investment strategy's ability to beat the market, or its ‘edge’. Alpha is also referred to as ‘excess return’ or ‘abnormal rate of return’.To me, this is a good start. But alpha should also consider one crucial factor: risk.Beating the S&P 500 might simply mean higher sensitivity to market forces (i.e. beta). So, the better question is: how much return can a stock producerelative to risk. I believe that this is a more complete view of alpha.Amazon stock vs. the restConsidering absolute returns only, Amazon stock ranks remarkably high within Big Tech for historical share price performance. The chart below shows that, over the past 10 years, AMZN has only lagged Tesla (TSLA) in annualized gains.Now, let me introduce risk to the equation. Risk is often defined (maybe too simplistically) as volatility. The more a stock rises and falls from minute to minute, or day to day, or week to week, the riskier it is.So, one way to assess a stock’s returns relative to risk, thus giving us a better idea of its alpha potential, is to divide annualized returns by annualized volatility. By this methodology, Amazon stock loses its silver medal to Microsoft.One takeaway here is that, over the past decade, Amazon has achieved higher returns than any other FAAMG stock, but not without exposing investors to more volatility. If history repeats, investors should expect high returns to come alongside relatively sharper ups and downs as well.Another way to think about risk, one that I have favored recently, is to think about sizable losses. A good question to ask would be: how much has a stock produced in average annual returns relative to its worst trailing 12-month (TTM) performance?Using this methodology, not only does Amazon stock lose its silver medal, but it also drops out of the podium altogether. See chart below, and notice that Facebook has also performed better than Amazon in the past ten years in loss-adjusted terms.Figure 4: Ratio: Annualized return vs. Worst TTM return.DM Martins ResearchAmazon, in fact, has one of the worst track records within Big Tech when it comes to sharp losses. By November 2008, AMZN had seen 57% of its value evaporate over the previous year. Only Alphabet, around the same time, performed any worse than this.The key takeaways for investorsHaving said the above, I think that Amazon investors can learn a few lessons from this historical price action analysis:Amazon has been a high-performing name, both since the IPO and over the past decade. In absolute terms, it is hard to find many stocks that have consistently delivered outsized returns.Once risk is introduced to the discussion, Amazon stock’s performance goes from “outstanding” to a less exhilarating “solid”. Peers like Tesla, Microsoft and even Facebook seem to have been better alpha producers. In the 10 years that preceded the pandemic, in fact, Amazon’s volatility-adjusted returns were about the same as the S&P 500’s.AMZN investors should understand that the stock could continue to produce outsized gains, but also endure higher volatility and sharper losses, as it has in the last decade or more.As always, past performance is not a guarantee of future results. Use history as a rough guide to set expectations, but understand that share price behavior can be quite different going forward.Twitter speaksPop quiz: relative to volatility (that is, in risk-adjusted terms), which of the following mega-cap tech stock has delivered the best returns in the past 10 year? Leave your vote below and follow The Amazon Maven on Twitter!","news_type":1},"isVote":1,"tweetType":1,"viewCount":746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114696463,"gmtCreate":1623070930652,"gmtModify":1704195407472,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Sad]&nbsp;[Sad]&nbsp;[Sad]&nbsp;[Sad]&nbsp;[Sad]&nbsp;","listText":"[Sad]&nbsp;[Sad]&nbsp;[Sad]&nbsp;[Sad]&nbsp;[Sad]&nbsp;","text":"[Sad] [Sad] [Sad] [Sad] [Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114696463","repostId":"1126396501","repostType":4,"repost":{"id":"1126396501","kind":"news","pubTimestamp":1623066356,"share":"https://ttm.financial/m/news/1126396501?lang=&edition=fundamental","pubTime":"2021-06-07 19:45","market":"us","language":"en","title":"Amazon, Google and Facebook will be hit hard by the G-7 tax deal. Here’s how they responded","url":"https://stock-news.laohu8.com/highlight/detail?id=1126396501","media":"cnbc","summary":"KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minim","content":"<div>\n<p>KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits.The reforms, if finalized, would affect the largest companies in the world ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Amazon, Google and Facebook will be hit hard by the G-7 tax deal. Here’s how they responded</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon, Google and Facebook will be hit hard by the G-7 tax deal. Here’s how they responded\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits.The reforms, if finalized, would affect the largest companies in the world ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126396501","content_text":"KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits.The reforms, if finalized, would affect the largest companies in the world with profit margins of at least 10%.Amazon, Facebook and Google have all welcomed the historic agreement.The world’s biggest tech companies are facing a corporate tax avoidance crackdown after the Group of Seven most developed economies agreed a historic deal Saturday.The G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits. The reforms, if finalized, would affect the largest companies in the world with profit margins of at least 10%.Looking ahead, the G-7 hopes to achieve a wider agreement on the new tax proposals next month at a gathering of the expanded G-20 finance ministers.Asked whetherAmazonandFacebookwould be among the companies targeted by the proposal, U.S. Treasury Secretary Janet Yellen said she believes they would \"qualify by almost any definition.\"Here's how America's tech giants reacted to the news:AmazonAmazon said the agreement \"marks a welcome step forward\" in efforts to \"bring stability to the international tax system.\"\"We hope to see discussions continue to advance with the broader G20 and Inclusive Framework alliance,\" an Amazon spokesperson told CNBC by email.FacebookNick Clegg, Facebook's vice president for global affairs, welcomed the G-7 deal and said the social networking giant \"has long called for reform of the global tax rules.\"The agreement is a \"significant first step towards certainty for businesses and strengthening public confidence in the global tax system,\" Clegg tweeted Saturday.\"We want the international tax reform process to succeed and recognize this could mean Facebook paying more tax, and in different places.\"GoogleA spokesperson forGoogletold Sky Newsthat the company strongly supported the initiative and hoped for a \"balanced and durable\" agreement.Applewasn't immediately available for a comment on the G-7 agreement when contacted by CNBC.The tech tax debateTech giants have long been criticized for paying little in taxes despite their size. Amazon and other companies have been accused of avoiding tax by shifting revenue and profits through tax havens or low-tax countries. The companies insist they’re doing nothing wrong from a legal standpoint, which is why policymakers are calling for reforms.Amazon infamously paid no U.S. federal income tax in 2018, despite booking more than $11 billion in profits. The low tax bill stemmed largely from tax cuts in 2017, carryforward losses from years when the company wasn’t profitable, and tax credits for massive research and development investment and share-based employee compensation.Some countries, such as Britain, France and Italy, have introduced a digital services tax in an effort to rake in more cash from large tech firms. The aim was to implement a solution for the interim while global officials hash out details for international tax rules.But this has led to friction with the United States, which under President Donald Trump’s administration threatened to impose tariffs on French goods over the issue.Meanwhile, some analysts have argued the dealdoesn’t go far enough, while others said there was a long road ahead.George Dibb, head of the Centre for Economic Justice at the London-based Institute for Public Policy Research (IPPR), described the deal as a “major step forward,” but said there were still “big questions” surrounding the minimum tax level.“We would like to see something a lot closer to 25%,” he told CNBC Monday.“The Biden administration came into these negotiations with an opening offer of 21% but I think the big fight at the G-7 over Friday and Saturday was over the wording, about whether it would say ’15%′ or ‘at least 15%’ and because we have that wording now of ‘at least 15%’ the door is still open for negotiation,” he told Squawk Box Europe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112438738,"gmtCreate":1622899380824,"gmtModify":1704193117381,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112438738","repostId":"1148130971","repostType":4,"repost":{"id":"1148130971","kind":"news","pubTimestamp":1622866524,"share":"https://ttm.financial/m/news/1148130971?lang=&edition=fundamental","pubTime":"2021-06-05 12:15","market":"us","language":"en","title":"Can NIO Stock Reach $100? We Think It's A Matter Of 'When' Not 'If'","url":"https://stock-news.laohu8.com/highlight/detail?id=1148130971","media":"seekingalpha","summary":"NIO's share price has soared by more than 816% in the past year, peaking at almost $62 in early February before the growth stock sell-off in early March.We believe NIO's share price will soar beyond $160 by 2025 as global EV sales continue to ramp up with autonomous driving becoming a reality.NIO has continuously exhibited characteristics of an unsettling innovator. The brand is widely known for their breakthrough in battery swapping technology, “Power Swap”, which provides NIO owners with a fas","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO's share price has soared by more than 816% in the past year, peaking at almost $62 in early February before the growth stock sell-off in early March.</li>\n <li>The company's innovative approach and overseas expansion strategy, combined with the growing market sentiment on global electrification and automation are expected to boost the company's valuation.</li>\n <li>We believe NIO's share price will soar beyond $160 by 2025 as global EV sales continue to ramp up with autonomous driving becoming a reality.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b31b2f189fa181e941126674e0b4c0b\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Drew Angerer/Getty Images News via Getty Images</span></p>\n<p>Despite it being a local Chinese electric vehicle (“EV”) brand that has only recently started its overseas expansion into Europe, NIO(NYSE:NIO)has already garnered significant international attention amidst avid investors within the EV sector in recent years. It has only been three short years since NIO made its first deliveries in mid-2018, yet many are already wondering whether its share price can reach similar heights as an industry leader, Tesla’s(NASDAQ:TSLA). Albeit a little farfetched given Tesla is currently trading at more than $600 per share with a market cap of more than $600 billion, we do believe NIO has promising potential to break $100 per share before 2025. Even Wall Street Analysts remain optimistic about the company’s future by assigning a&nbsp;price target of close to $60, which represents upward potential of more than 35% based on the last traded share price of $42.34 (June 1st).</p>\n<p>Founded in 2014, NIO has sold and delivered more than 100,000 vehicles in China to date. The company boasts a fleet of five emission-free, fully battery-powered models, ranging from sports cars to luxury sedans and full-size SUVs. In addition to their vehicles, NIO is also known for their significant progress achieved in innovative technology, including state-of-the-art battery solutions, artificial intelligence, and autonomous driving. The company has also recently turned their global expansion plans into reality, with the first overseas NIO store to open in Oslo, Norway in Q3 2021. We believe that reaching a share price of $100 is no longer a question of “if”, but instead, “when”.</p>\n<p><b>A Trailblazer in Innovative Technology</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16d9fd877602d5604bc3a69593badfdf\" tg-width=\"640\" tg-height=\"262\"><span>Source:ir.nio.com</span></p>\n<p>NIO has continuously exhibited characteristics of an unsettling innovator. The brand is widely known for their breakthrough in battery swapping technology, “Power Swap”, which provides NIO owners with a fast and convenient solution to concerns over the typically limited travel range of EVs. Similar to a gas station, Power Swap is a battery swapping station that can swap a dead battery out for a fully charged one in under three minutes; a fully charged battery enables a NIO vehicle to travel up to 435 miles, which is more than double of the&nbsp;181-mile average travel range of electric vehicles&nbsp;currently available on the market. NIO owners have the option to subscribe to the“Battery as a Service” (“BaaS”)package, which is a monthly subscription service that provides NIO owners with flexible options for battery upgrades based on personal needs. The company currently offers a standard 75 kWh battery which enables a travel range of up to 310 miles on a full charge, and an enhanced 100 kWh battery which enables a travel range of up to 435 miles on a full charge; both are available for NIO owners to choose from on a month-to-month basis under BaaS. To date, there are&nbsp;more than 226 battery swapping stations&nbsp;across China, with more on the way following a recent&nbsp;strategic partnership agreement&nbsp;between NIO and Sinopec. NIO’s vehicles are also compatible with local competitor XPeng’s(NYSE:XPEV)1,140 vehicle charging stations available across 164 cities in China, which further enhances its existing network of charging infrastructure in place for NIO owners.</p>\n<p>In addition to the developed network of infrastructure needed to sustain NIO EVs in the long run, the company has also been working diligently on perfecting their autonomous driving and AI technology in order to remain competitive in the broader EV and tech space. NIO has already been performing testing on its autonomous driving systems since 2016, with their first testing on public roads in Beijing performed in 2018. The company’s commitment to the future of passenger transportation is also proven through their development of&nbsp;EVE, the brand’s concept car for autonomous driving which encompasses a luxurious, comfortable and safe experience powered by NIO’s&nbsp;NOMI AI, the world’s first in-vehicle artificial intelligence.</p>\n<p>To further enhance their progress in autonomous driving technology, NIO has recently&nbsp;partnered with Mobileye&nbsp;– an Intel-owned(NASDAQ:INTC)company known for developing the “EyeQ chip” currently used by more than 27 car manufacturers for their assisted-driving technologies – to develop and commercialize driving automation that does not require human interaction (i.e. “level 4” autonomous driving). Their collaboration is expected to accelerate NIO’s launch of the “Autonomous Driving as a Service” (“ADaaS”) package, which is a monthly subscription for their autonomous driving technology, “NIO Autonomous Driving” (“NAD”). However, similar to Tesla’s “Full Self-Driving” package, the NAD technology that is expected to launch in 2022 does not yet make NIO vehicles capable of driving without human intervention, but it does catapult NIO to a comparable spot with industry leader Tesla in the race towards level 4 autonomous driving. NIO owners will have the option to subscribe to ADaaS for a monthly subscription fee of RMB 680. With more than 102,000 NIO vehicles on the road today, the new subscription package is expected to generate incremental annual sales of RMB 840 million ($132 million); the additional revenue stream is valued at approximately RMB 10 billion ($1.6 billion) upon the service’s inception, assuming an average vehicle life of 12 years with most existing NIO owners signing up.</p>\n<p>NIO’s continuous developments in autonomous driving technology are expected to benefit the company and its shareholders greatly in the near future. By 2025, the global autonomous cars market will become one of the fastest growing and most highly demanded segments with an&nbsp;estimated value of $1.6 trillion. A 6% share of this market would add a valuation of at least $100 billion to NIO’s existing $67 billion market cap, boosting its per unit share value to more than $100. Considering NIO is currently one of the very few fully electric automakers to have achieved tangible results within the autonomous driving scene, and is actively growing its overseas sales, we are confident that the company is capable of capturing more than 6% of the said market share, and achieve a per unit share price of more than $100 by 2025 with ease. Combined with the global shift in consumer preference towards electrification and automation, we are projecting vehicle sales of approximately 300,000 units by FY 2025, which will yield total revenues of approximately RMB 140 billion ($22 billion).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b6c800a04e6df92802f6893d214eecdd\" tg-width=\"640\" tg-height=\"213\"><span>Source: Author, with data from our internal forecasts (NIO_-_Forecasted_Financial_Information.pdf).</span></p>\n<p><b>Global Expansion</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/537449f8f7ee9c736b48c1776cbb7259\" tg-width=\"640\" tg-height=\"249\"><span>Source: ir.nio.com</span></p>\n<p>Another catalyst that will propel NIO’s share price beyond $100 is their ongoing overseas expansion efforts. NIO has been transparent about their intentions to expand globally, especially in the U.S. and Europe, as part of their plans in becoming an industry leader. NIO will be opening its first&nbsp;overseas sales and service centre in Oslo, Norway&nbsp;in September. The brand’s footprint in Norway will further expand in 2022 with four more NIO stores to open in Bergen, Stavanger, Trondheim and Kristiansand. In addition to its direct sales and service centres, NIO will also be introducing a full charging map for Europe, starting with four NIO Power Swap stations in Norway to provide new NIO owners with the convenience and range that the brand builds its success on. NIO’s flagship SUV, the&nbsp;ES8, which currently retails at a&nbsp;starting price of approximately US$67,000, will be the first model introduced in the European market, with the brand’s newest full-size sedan, the&nbsp;ET7, to follow in 2022.</p>\n<p>With a proven sales track record in China’s luxury EV market, and specs comparable to the globally recognized Tesla, there is no reason for NIO to not succeed overseas. As mentioned in earlier sections, NIO’s vehicles have a driving range of up to 435 miles on a full charge, making it a desirable choice for potential European and American car owners looking for a reliable companion to accompany them on daily commutes to long road trips. The NIO exterior and interior designs are also modern, luxurious, and comparable to those preferred by the European and North American population. Combined with a diverse product line and price range, NIO is equipped to take on the increasing demands for EVs on a global scale.</p>\n<p><b>NIO’s Historical Performance</b></p>\n<p>Just a little more than a year ago, NIO’s share price hit an all-time low at under $2 amidst liquidity troubles despite continued vehicle sales. In mid-2020, the municipal government of Hefei, China came to NIO’s rescue with a&nbsp;capital injection of RMB 7 billion&nbsp;(approximately $1 billion). The arrangement resulted in the creation of “NIO China”, which serves as the operating entity that holds all of NIO’s core businesses and assets; NIO currently holds a 90.36% ownership interest in NIO China, while the “Hefei Strategic Investors” consortium holds the remainder 9.64%. The partnership became the company’s lifeline; the additional capital brought forth significant improvements to the company’s operations and vehicle sales, which were reflected in their strong financial performance and upward trend in share price in the summer of 2020. By the end of 2020’s second quarter, NIO’s share price rebounded by almost 20% on average after posting a 171% quarter-over-quarter increase in total revenues. The company’s share price more than tripled in 2020’s third quarter, averaging $15.40, and continued to climb towards its fourth quarter average of $38.70. By the end of the latest quarter ended March 31st, 2021, NIO’s share price averaged $50.97, and peaked at almost $62 in February which is more than 10x its&nbsp;IPO price in 2018. The company holds a market cap of more than $67 billion today, outgrowing its mere $1 billion market cap when it made its debut on the NYSE.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75a1d7edb18c1762028ba54f617e1982\" tg-width=\"640\" tg-height=\"250\"><span>Source: Author, with data from ir.nio.com</span></p>\n<p>NIO’s fundamentals have also shown nothing but steady improvements since its share price peaked earlier this year before the&nbsp;growth stock sell-off in late February. Deliveries in 2021 have continued to accelerate exponentially, with first quarter deliveries of more than 20,000 vehicles, representing almost 50% of total deliveries made in 2020. The company continues to exhibit a promising outlook with more than 7,100 vehicles delivered in April, representing an increase of more than 125% year-over-year. NIO has also maintained positive cash flows from operating activities for the first quarter of 2021, thanks to the higher deliveries and effective cost-management measures which have amped up their gross profit margin to 19.5%, comparable with industry leaders like Tesla whose first quarter gross margins were 21%. As aforementioned, we are forecasting vehicle sales of close to 300,000 units by FY 2025, which translates to approximately RMB 140 billion ($22 billion) in total revenues ($18.60 per share). Our vehicle sales forecast for FY 2025 is further corroborated by the&nbsp;recently renewed manufacturing agreement&nbsp;with joint venturer “Jianghuai Automobile Group” (“JAC”), which increases the current annual production capacity of 100,000 units to 240,000 units; the ongoing construction of “NeoPark” in Hefei, China is also expected to add annual production capacity of 1 million units, which further supports our positive outlook on NIO’s continued commitment to grow its business. Considering industry peer Tesla’s current P/S ratio of 16.43x with approximately $42 billion in annual revenues (annualization of $10.389 billion in first quarter revenues), the same proportion applied to NIO’s forecasted FY 2025 total revenues is expected to yield a P/S ratio of 8.7x, resulting in a share price of more than $160.</p>\n<p><b>NIO vs. LI and XPEV</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af8fa939f92be448d1f427a6ac4bfb25\" tg-width=\"640\" tg-height=\"352\"><span>Source: Finviz</span></p>\n<p>We have also compared NIO’s current P/S ratio to its domestic peers to gauge the timeline in which NIO’s share price will exceed $100. NIO currently trades at a P/S ratio of approximately 14.88x, while domestic industry peers, Li Auto(NASDAQ:LI)and XPEV, currently trade at a P/S ratio of 14.46x and 21.31x, respectively.</p>\n<p>Considering NIO’s technology, revenues, global footprint, and cash flows are stronger than LI’s and XPEV’s, the former deserves to be traded at a much higher multiple than the latter two. Even if NIO reaches a P/S ratio of 18.1x (mid-point to XPEV's), it will drive the company’s current share price up to $51.50, which represents an upside potential of 22% based on the last traded share price of $42.34 (June 1st). And based on our forecasted revenues for FY 2025 for NIO of RMB 140 billion ($22 billion), or $18.60 per share, even a multiple half of the 18.1x would be more than sufficient to bring NIO's share price beyond $160 by 2025; we believe the trading multiple is achievable for NIO given the cash from operations and technological advancements achieved by then would place them on a trajectory of continued long-term growth within the EV industry, which is expected to continue into 2030 and beyond when the brand's level 4 autonomous driving technology development is complete and commercialized.</p>\n<p><b>Business Risks and Challenges</b></p>\n<p>As mentioned in one of my&nbsp;previous articles on NIO, the “Holding Foreign Companies Accountable Act” (“HFCA Act”) remains one of the most significant impending threats to the company’s share price. Currently, public accounting firms in China are non-compliant with PCAOB inspection rules required by the SEC, and the enactment of the HFCA Act in December 2020 requires that these public accounting firms comply with PCAOB inspection requests within three years of the enactment date; otherwise, all public companies audited by said firms will be subject to risks of de-listing. NIO is currently audited by PricewaterhouseCoopers Zhong Tian LLP, which is on PCAOB’s&nbsp;denied-access list. The potential threat of being delisted from the NYSE could be a deterrence factor to investors and ultimately hemorrhage NIO’s share price in the long run if Chinese authorities and the PCAOB cannot reach an agreement on conducting inspections soon.</p>\n<p>Another imminent challenge to NIO’s business is the ongoing global chip supply shortage. As the automotive industry becomes more dependent on chips to manage every function of their vehicles, the gap between automaker demands and chip manufacturer supplies is widened. NIO was no exception to the impacts of the ongoing chip supply crisis – in March 2021, NIO halted their production activity at the JAC-NIO manufacturing plant for five working days in order to adjust their production levels. However, the company continues to effectively navigate through the situation as proven through their increasing number of deliveries month-over-month; in NIO’s latest delivery update press release for April, the company has continued to keep up with market demand with more than 7,100 vehicle deliveries made, representing a 125% year-over-year growth.</p>\n<p>Competition within the EV sector has also ramped up in recent years. Consumer attitude towards EVs has changed drastically in the past decade due to rising concerns over climate change met with price parity between traditional petrol-fueled vehicles and EVs. The entry barrier for emerging EV makers has also lowered significantly as car battery solutions become more accessible through third-party OEMs; new entrants are now keener on participating in the profitable opportunity within the growing EV sector as initial investments become more reasonable than it was for Tesla in 2003 when EVs were still just a concept to many. In addition to new entrants, traditional petrol-fueled automakers like Ford(NYSE:F)have also started to incorporate fully battery-powered vehicles into their fleet in order to meet evolving consumer demands and remain competitive within the automotive industry. However, we believe NIO possesses the brand, customer experience, production strategy, talent and business model (further analyzedhere) needed to remain successful within the new competitive landscape in the long run.</p>\n<p><b>Conclusion</b></p>\n<p>NIO has already established a strong brand presence within the domestic Chinese market, which is currently one of the fastest growing EV markets, representing more than 40% of global EV sales in 2020. Combined with their proven ability to produce quality EVs, construct innovative charging infrastructure, achieve breakthrough progress in the development of autonomous driving technology, and execute their overseas expansion strategy, NIO is effectively narrowing the gap between them and Tesla within the EV sector on a global scale. We are confident that the next five years will be a transformational era for the EV and tech company due to increasing demands for electrification and automation within the automotive industry, which NIO has already proven to excel in. The value of its continued achievements will be reflected in its share price in no time, making them a worthy stock pick for those looking to profit off of the impending age of green transition and automation.</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>Can NIO Stock Reach $100? We Think It's A Matter Of 'When' Not 'If'</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\">\nCan NIO Stock Reach $100? We Think It's A Matter Of 'When' Not 'If'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 12:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432901-nio-stock-reach-100><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO's share price has soared by more than 816% in the past year, peaking at almost $62 in early February before the growth stock sell-off in early March.\nThe company's innovative approach and...</p>\n\n<a href=\"https://seekingalpha.com/article/4432901-nio-stock-reach-100\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4432901-nio-stock-reach-100","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148130971","content_text":"Summary\n\nNIO's share price has soared by more than 816% in the past year, peaking at almost $62 in early February before the growth stock sell-off in early March.\nThe company's innovative approach and overseas expansion strategy, combined with the growing market sentiment on global electrification and automation are expected to boost the company's valuation.\nWe believe NIO's share price will soar beyond $160 by 2025 as global EV sales continue to ramp up with autonomous driving becoming a reality.\n\nPhoto by Drew Angerer/Getty Images News via Getty Images\nDespite it being a local Chinese electric vehicle (“EV”) brand that has only recently started its overseas expansion into Europe, NIO(NYSE:NIO)has already garnered significant international attention amidst avid investors within the EV sector in recent years. It has only been three short years since NIO made its first deliveries in mid-2018, yet many are already wondering whether its share price can reach similar heights as an industry leader, Tesla’s(NASDAQ:TSLA). Albeit a little farfetched given Tesla is currently trading at more than $600 per share with a market cap of more than $600 billion, we do believe NIO has promising potential to break $100 per share before 2025. Even Wall Street Analysts remain optimistic about the company’s future by assigning a price target of close to $60, which represents upward potential of more than 35% based on the last traded share price of $42.34 (June 1st).\nFounded in 2014, NIO has sold and delivered more than 100,000 vehicles in China to date. The company boasts a fleet of five emission-free, fully battery-powered models, ranging from sports cars to luxury sedans and full-size SUVs. In addition to their vehicles, NIO is also known for their significant progress achieved in innovative technology, including state-of-the-art battery solutions, artificial intelligence, and autonomous driving. The company has also recently turned their global expansion plans into reality, with the first overseas NIO store to open in Oslo, Norway in Q3 2021. We believe that reaching a share price of $100 is no longer a question of “if”, but instead, “when”.\nA Trailblazer in Innovative Technology\nSource:ir.nio.com\nNIO has continuously exhibited characteristics of an unsettling innovator. The brand is widely known for their breakthrough in battery swapping technology, “Power Swap”, which provides NIO owners with a fast and convenient solution to concerns over the typically limited travel range of EVs. Similar to a gas station, Power Swap is a battery swapping station that can swap a dead battery out for a fully charged one in under three minutes; a fully charged battery enables a NIO vehicle to travel up to 435 miles, which is more than double of the 181-mile average travel range of electric vehicles currently available on the market. NIO owners have the option to subscribe to the“Battery as a Service” (“BaaS”)package, which is a monthly subscription service that provides NIO owners with flexible options for battery upgrades based on personal needs. The company currently offers a standard 75 kWh battery which enables a travel range of up to 310 miles on a full charge, and an enhanced 100 kWh battery which enables a travel range of up to 435 miles on a full charge; both are available for NIO owners to choose from on a month-to-month basis under BaaS. To date, there are more than 226 battery swapping stations across China, with more on the way following a recent strategic partnership agreement between NIO and Sinopec. NIO’s vehicles are also compatible with local competitor XPeng’s(NYSE:XPEV)1,140 vehicle charging stations available across 164 cities in China, which further enhances its existing network of charging infrastructure in place for NIO owners.\nIn addition to the developed network of infrastructure needed to sustain NIO EVs in the long run, the company has also been working diligently on perfecting their autonomous driving and AI technology in order to remain competitive in the broader EV and tech space. NIO has already been performing testing on its autonomous driving systems since 2016, with their first testing on public roads in Beijing performed in 2018. The company’s commitment to the future of passenger transportation is also proven through their development of EVE, the brand’s concept car for autonomous driving which encompasses a luxurious, comfortable and safe experience powered by NIO’s NOMI AI, the world’s first in-vehicle artificial intelligence.\nTo further enhance their progress in autonomous driving technology, NIO has recently partnered with Mobileye – an Intel-owned(NASDAQ:INTC)company known for developing the “EyeQ chip” currently used by more than 27 car manufacturers for their assisted-driving technologies – to develop and commercialize driving automation that does not require human interaction (i.e. “level 4” autonomous driving). Their collaboration is expected to accelerate NIO’s launch of the “Autonomous Driving as a Service” (“ADaaS”) package, which is a monthly subscription for their autonomous driving technology, “NIO Autonomous Driving” (“NAD”). However, similar to Tesla’s “Full Self-Driving” package, the NAD technology that is expected to launch in 2022 does not yet make NIO vehicles capable of driving without human intervention, but it does catapult NIO to a comparable spot with industry leader Tesla in the race towards level 4 autonomous driving. NIO owners will have the option to subscribe to ADaaS for a monthly subscription fee of RMB 680. With more than 102,000 NIO vehicles on the road today, the new subscription package is expected to generate incremental annual sales of RMB 840 million ($132 million); the additional revenue stream is valued at approximately RMB 10 billion ($1.6 billion) upon the service’s inception, assuming an average vehicle life of 12 years with most existing NIO owners signing up.\nNIO’s continuous developments in autonomous driving technology are expected to benefit the company and its shareholders greatly in the near future. By 2025, the global autonomous cars market will become one of the fastest growing and most highly demanded segments with an estimated value of $1.6 trillion. A 6% share of this market would add a valuation of at least $100 billion to NIO’s existing $67 billion market cap, boosting its per unit share value to more than $100. Considering NIO is currently one of the very few fully electric automakers to have achieved tangible results within the autonomous driving scene, and is actively growing its overseas sales, we are confident that the company is capable of capturing more than 6% of the said market share, and achieve a per unit share price of more than $100 by 2025 with ease. Combined with the global shift in consumer preference towards electrification and automation, we are projecting vehicle sales of approximately 300,000 units by FY 2025, which will yield total revenues of approximately RMB 140 billion ($22 billion).\nSource: Author, with data from our internal forecasts (NIO_-_Forecasted_Financial_Information.pdf).\nGlobal Expansion\nSource: ir.nio.com\nAnother catalyst that will propel NIO’s share price beyond $100 is their ongoing overseas expansion efforts. NIO has been transparent about their intentions to expand globally, especially in the U.S. and Europe, as part of their plans in becoming an industry leader. NIO will be opening its first overseas sales and service centre in Oslo, Norway in September. The brand’s footprint in Norway will further expand in 2022 with four more NIO stores to open in Bergen, Stavanger, Trondheim and Kristiansand. In addition to its direct sales and service centres, NIO will also be introducing a full charging map for Europe, starting with four NIO Power Swap stations in Norway to provide new NIO owners with the convenience and range that the brand builds its success on. NIO’s flagship SUV, the ES8, which currently retails at a starting price of approximately US$67,000, will be the first model introduced in the European market, with the brand’s newest full-size sedan, the ET7, to follow in 2022.\nWith a proven sales track record in China’s luxury EV market, and specs comparable to the globally recognized Tesla, there is no reason for NIO to not succeed overseas. As mentioned in earlier sections, NIO’s vehicles have a driving range of up to 435 miles on a full charge, making it a desirable choice for potential European and American car owners looking for a reliable companion to accompany them on daily commutes to long road trips. The NIO exterior and interior designs are also modern, luxurious, and comparable to those preferred by the European and North American population. Combined with a diverse product line and price range, NIO is equipped to take on the increasing demands for EVs on a global scale.\nNIO’s Historical Performance\nJust a little more than a year ago, NIO’s share price hit an all-time low at under $2 amidst liquidity troubles despite continued vehicle sales. In mid-2020, the municipal government of Hefei, China came to NIO’s rescue with a capital injection of RMB 7 billion (approximately $1 billion). The arrangement resulted in the creation of “NIO China”, which serves as the operating entity that holds all of NIO’s core businesses and assets; NIO currently holds a 90.36% ownership interest in NIO China, while the “Hefei Strategic Investors” consortium holds the remainder 9.64%. The partnership became the company’s lifeline; the additional capital brought forth significant improvements to the company’s operations and vehicle sales, which were reflected in their strong financial performance and upward trend in share price in the summer of 2020. By the end of 2020’s second quarter, NIO’s share price rebounded by almost 20% on average after posting a 171% quarter-over-quarter increase in total revenues. The company’s share price more than tripled in 2020’s third quarter, averaging $15.40, and continued to climb towards its fourth quarter average of $38.70. By the end of the latest quarter ended March 31st, 2021, NIO’s share price averaged $50.97, and peaked at almost $62 in February which is more than 10x its IPO price in 2018. The company holds a market cap of more than $67 billion today, outgrowing its mere $1 billion market cap when it made its debut on the NYSE.\nSource: Author, with data from ir.nio.com\nNIO’s fundamentals have also shown nothing but steady improvements since its share price peaked earlier this year before the growth stock sell-off in late February. Deliveries in 2021 have continued to accelerate exponentially, with first quarter deliveries of more than 20,000 vehicles, representing almost 50% of total deliveries made in 2020. The company continues to exhibit a promising outlook with more than 7,100 vehicles delivered in April, representing an increase of more than 125% year-over-year. NIO has also maintained positive cash flows from operating activities for the first quarter of 2021, thanks to the higher deliveries and effective cost-management measures which have amped up their gross profit margin to 19.5%, comparable with industry leaders like Tesla whose first quarter gross margins were 21%. As aforementioned, we are forecasting vehicle sales of close to 300,000 units by FY 2025, which translates to approximately RMB 140 billion ($22 billion) in total revenues ($18.60 per share). Our vehicle sales forecast for FY 2025 is further corroborated by the recently renewed manufacturing agreement with joint venturer “Jianghuai Automobile Group” (“JAC”), which increases the current annual production capacity of 100,000 units to 240,000 units; the ongoing construction of “NeoPark” in Hefei, China is also expected to add annual production capacity of 1 million units, which further supports our positive outlook on NIO’s continued commitment to grow its business. Considering industry peer Tesla’s current P/S ratio of 16.43x with approximately $42 billion in annual revenues (annualization of $10.389 billion in first quarter revenues), the same proportion applied to NIO’s forecasted FY 2025 total revenues is expected to yield a P/S ratio of 8.7x, resulting in a share price of more than $160.\nNIO vs. LI and XPEV\nSource: Finviz\nWe have also compared NIO’s current P/S ratio to its domestic peers to gauge the timeline in which NIO’s share price will exceed $100. NIO currently trades at a P/S ratio of approximately 14.88x, while domestic industry peers, Li Auto(NASDAQ:LI)and XPEV, currently trade at a P/S ratio of 14.46x and 21.31x, respectively.\nConsidering NIO’s technology, revenues, global footprint, and cash flows are stronger than LI’s and XPEV’s, the former deserves to be traded at a much higher multiple than the latter two. Even if NIO reaches a P/S ratio of 18.1x (mid-point to XPEV's), it will drive the company’s current share price up to $51.50, which represents an upside potential of 22% based on the last traded share price of $42.34 (June 1st). And based on our forecasted revenues for FY 2025 for NIO of RMB 140 billion ($22 billion), or $18.60 per share, even a multiple half of the 18.1x would be more than sufficient to bring NIO's share price beyond $160 by 2025; we believe the trading multiple is achievable for NIO given the cash from operations and technological advancements achieved by then would place them on a trajectory of continued long-term growth within the EV industry, which is expected to continue into 2030 and beyond when the brand's level 4 autonomous driving technology development is complete and commercialized.\nBusiness Risks and Challenges\nAs mentioned in one of my previous articles on NIO, the “Holding Foreign Companies Accountable Act” (“HFCA Act”) remains one of the most significant impending threats to the company’s share price. Currently, public accounting firms in China are non-compliant with PCAOB inspection rules required by the SEC, and the enactment of the HFCA Act in December 2020 requires that these public accounting firms comply with PCAOB inspection requests within three years of the enactment date; otherwise, all public companies audited by said firms will be subject to risks of de-listing. NIO is currently audited by PricewaterhouseCoopers Zhong Tian LLP, which is on PCAOB’s denied-access list. The potential threat of being delisted from the NYSE could be a deterrence factor to investors and ultimately hemorrhage NIO’s share price in the long run if Chinese authorities and the PCAOB cannot reach an agreement on conducting inspections soon.\nAnother imminent challenge to NIO’s business is the ongoing global chip supply shortage. As the automotive industry becomes more dependent on chips to manage every function of their vehicles, the gap between automaker demands and chip manufacturer supplies is widened. NIO was no exception to the impacts of the ongoing chip supply crisis – in March 2021, NIO halted their production activity at the JAC-NIO manufacturing plant for five working days in order to adjust their production levels. However, the company continues to effectively navigate through the situation as proven through their increasing number of deliveries month-over-month; in NIO’s latest delivery update press release for April, the company has continued to keep up with market demand with more than 7,100 vehicle deliveries made, representing a 125% year-over-year growth.\nCompetition within the EV sector has also ramped up in recent years. Consumer attitude towards EVs has changed drastically in the past decade due to rising concerns over climate change met with price parity between traditional petrol-fueled vehicles and EVs. The entry barrier for emerging EV makers has also lowered significantly as car battery solutions become more accessible through third-party OEMs; new entrants are now keener on participating in the profitable opportunity within the growing EV sector as initial investments become more reasonable than it was for Tesla in 2003 when EVs were still just a concept to many. In addition to new entrants, traditional petrol-fueled automakers like Ford(NYSE:F)have also started to incorporate fully battery-powered vehicles into their fleet in order to meet evolving consumer demands and remain competitive within the automotive industry. However, we believe NIO possesses the brand, customer experience, production strategy, talent and business model (further analyzedhere) needed to remain successful within the new competitive landscape in the long run.\nConclusion\nNIO has already established a strong brand presence within the domestic Chinese market, which is currently one of the fastest growing EV markets, representing more than 40% of global EV sales in 2020. Combined with their proven ability to produce quality EVs, construct innovative charging infrastructure, achieve breakthrough progress in the development of autonomous driving technology, and execute their overseas expansion strategy, NIO is effectively narrowing the gap between them and Tesla within the EV sector on a global scale. We are confident that the next five years will be a transformational era for the EV and tech company due to increasing demands for electrification and automation within the automotive industry, which NIO has already proven to excel in. The value of its continued achievements will be reflected in its share price in no time, making them a worthy stock pick for those looking to profit off of the impending age of green transition and automation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118175362,"gmtCreate":1622726308256,"gmtModify":1704189818187,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118175362","repostId":"2140424584","repostType":4,"repost":{"id":"2140424584","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":1622725260,"share":"https://ttm.financial/m/news/2140424584?lang=&edition=fundamental","pubTime":"2021-06-03 21:01","market":"us","language":"en","title":"Walmart to give 740,000 U.S. store workers free Samsung phones","url":"https://stock-news.laohu8.com/highlight/detail?id=2140424584","media":"Reuters","summary":"CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employee","content":"<p>CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in and stay in \"constant communication.\"</p>\n<p>The world's largest retailer, which employs nearly 1.6 million people in the United States, said more than 740,000 workers would receive Samsung Galaxy XCover Pro smartphones, cases and protection plans. Currently, most people share company devices.</p>\n<p>Walmart declined to share financial details, but the phone sells at $499.99 on Samsung Electronics Co Ltd's website. It is common for big companies to strike heavily discounted deals with carriers and device makers when buying corporate phones in bulk.</p>\n<p>The retailer, which tested the project earlier this year, said it would not be able to see personal data. It will be able to see work emails, installed work apps, web history on the phone's work-specific browser, device specifications and clock-in locations.</p>\n<p>People will only be able to access work apps while on their shifts, but can use the phones as personal devices, Walmart said.</p>\n<p>The app - called \"Me@Walmart\" - can be used to check schedules up to two weeks in advance, ask for changes and request time off. It has a voice-activated assistant that helps locate products and is also designed to ensure workers can \"instantly connect with <a href=\"https://laohu8.com/S/AONE\">one</a> another\" in stores. Using the phones is not mandatory.</p>\n<p>\"Constant communication is essential for our business. Walkie talkies were <a href=\"https://laohu8.com/S/AONE.U\">one</a> solution, but not every associate has one,\" Walmart executives Drew Holler and Kellie Romack said in a blog post.</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>Walmart to give 740,000 U.S. store workers free Samsung phones</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\">\nWalmart to give 740,000 U.S. store workers free Samsung phones\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-03 21:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in and stay in \"constant communication.\"</p>\n<p>The world's largest retailer, which employs nearly 1.6 million people in the United States, said more than 740,000 workers would receive Samsung Galaxy XCover Pro smartphones, cases and protection plans. Currently, most people share company devices.</p>\n<p>Walmart declined to share financial details, but the phone sells at $499.99 on Samsung Electronics Co Ltd's website. It is common for big companies to strike heavily discounted deals with carriers and device makers when buying corporate phones in bulk.</p>\n<p>The retailer, which tested the project earlier this year, said it would not be able to see personal data. It will be able to see work emails, installed work apps, web history on the phone's work-specific browser, device specifications and clock-in locations.</p>\n<p>People will only be able to access work apps while on their shifts, but can use the phones as personal devices, Walmart said.</p>\n<p>The app - called \"Me@Walmart\" - can be used to check schedules up to two weeks in advance, ask for changes and request time off. It has a voice-activated assistant that helps locate products and is also designed to ensure workers can \"instantly connect with <a href=\"https://laohu8.com/S/AONE\">one</a> another\" in stores. Using the phones is not mandatory.</p>\n<p>\"Constant communication is essential for our business. Walkie talkies were <a href=\"https://laohu8.com/S/AONE.U\">one</a> solution, but not every associate has one,\" Walmart executives Drew Holler and Kellie Romack said in a blog post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","SSNLF":"三星电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140424584","content_text":"CHICAGO, June 3 (Reuters) - Walmart Inc said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in and stay in \"constant communication.\"\nThe world's largest retailer, which employs nearly 1.6 million people in the United States, said more than 740,000 workers would receive Samsung Galaxy XCover Pro smartphones, cases and protection plans. Currently, most people share company devices.\nWalmart declined to share financial details, but the phone sells at $499.99 on Samsung Electronics Co Ltd's website. It is common for big companies to strike heavily discounted deals with carriers and device makers when buying corporate phones in bulk.\nThe retailer, which tested the project earlier this year, said it would not be able to see personal data. It will be able to see work emails, installed work apps, web history on the phone's work-specific browser, device specifications and clock-in locations.\nPeople will only be able to access work apps while on their shifts, but can use the phones as personal devices, Walmart said.\nThe app - called \"Me@Walmart\" - can be used to check schedules up to two weeks in advance, ask for changes and request time off. It has a voice-activated assistant that helps locate products and is also designed to ensure workers can \"instantly connect with one another\" in stores. Using the phones is not mandatory.\n\"Constant communication is essential for our business. Walkie talkies were one solution, but not every associate has one,\" Walmart executives Drew Holler and Kellie Romack said in a blog post.","news_type":1},"isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113226889,"gmtCreate":1622621357941,"gmtModify":1704187472539,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/113226889","repostId":"1171603341","repostType":4,"repost":{"id":"1171603341","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622621257,"share":"https://ttm.financial/m/news/1171603341?lang=&edition=fundamental","pubTime":"2021-06-02 16:07","market":"us","language":"en","title":"BlackBerry stock surged 14% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1171603341","media":"Tiger Newspress","summary":"BlackBerry stock surged 14% in premarket trading on BlackBerry Overtaking GameStop In WallStreetBets","content":"<p>BlackBerry stock surged 14% in premarket trading&nbsp;on&nbsp;BlackBerry Overtaking GameStop In WallStreetBets Interest; AMC On Top.</p><p><img src=\"https://static.tigerbbs.com/3a456e2c3c0a9fb8718557cb737b39ea\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>BlackBerry Limited</b>&nbsp;has overtaken&nbsp;<b>GameStop Corp.</b>&nbsp;and now emerged as the second-most mentioned stock just behind&nbsp;<b>AMC Entertainment Holdings Inc.</b>&nbsp;on Reddit’s r/WallStreetBets forum.</p><p><b>What Happened:</b>Canada-based tech companyBlackBerry had 487 mentions on the Reddit forum during the last 24 hours, data from Quiver Quantitative showed.</p><p>In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.</p><p>GameStop was mentioned more frequently than BlackBerry on the Reddit forum over a seven-day period as well as over the past month, the data showed. AMC had more than 13,100 mentions during the past week, followed by GameStop with 4,271 mentions and BlackBerry with 3,450 mentions.</p><p>AMC Entertainment was mentioned more than 24,100 times during the past 30 days, followed by GameStop as the second-most talked about stock with more than 17,200 mentions. In comparison, BlackBerry trailed in sixth place with just 4,697 mentions during the period.</p><p><b>Why It Matters:</b>The stocks that were the focus of a push from retail investors on Reddit earlier this year are riding another wave higher as the ‘WSB army' continues to band together to&nbsp;force a short squeeze.</p><p>The Quiver Quantitative data shows that BlackBerry has emerged as a favorite stock of retail investors over the past week.</p><p>The meme stock rally during the past week has already resulted in year-to-date losses of more than&nbsp;$8 billion&nbsp;for short sellers — those betting for declines in the company’s shares.</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>BlackBerry stock surged 14% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackBerry stock surged 14% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-02 16:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BlackBerry stock surged 14% in premarket trading&nbsp;on&nbsp;BlackBerry Overtaking GameStop In WallStreetBets Interest; AMC On Top.</p><p><img src=\"https://static.tigerbbs.com/3a456e2c3c0a9fb8718557cb737b39ea\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>BlackBerry Limited</b>&nbsp;has overtaken&nbsp;<b>GameStop Corp.</b>&nbsp;and now emerged as the second-most mentioned stock just behind&nbsp;<b>AMC Entertainment Holdings Inc.</b>&nbsp;on Reddit’s r/WallStreetBets forum.</p><p><b>What Happened:</b>Canada-based tech companyBlackBerry had 487 mentions on the Reddit forum during the last 24 hours, data from Quiver Quantitative showed.</p><p>In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.</p><p>GameStop was mentioned more frequently than BlackBerry on the Reddit forum over a seven-day period as well as over the past month, the data showed. AMC had more than 13,100 mentions during the past week, followed by GameStop with 4,271 mentions and BlackBerry with 3,450 mentions.</p><p>AMC Entertainment was mentioned more than 24,100 times during the past 30 days, followed by GameStop as the second-most talked about stock with more than 17,200 mentions. In comparison, BlackBerry trailed in sixth place with just 4,697 mentions during the period.</p><p><b>Why It Matters:</b>The stocks that were the focus of a push from retail investors on Reddit earlier this year are riding another wave higher as the ‘WSB army' continues to band together to&nbsp;force a short squeeze.</p><p>The Quiver Quantitative data shows that BlackBerry has emerged as a favorite stock of retail investors over the past week.</p><p>The meme stock rally during the past week has already resulted in year-to-date losses of more than&nbsp;$8 billion&nbsp;for short sellers — those betting for declines in the company’s shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171603341","content_text":"BlackBerry stock surged 14% in premarket trading on BlackBerry Overtaking GameStop In WallStreetBets Interest; AMC On Top.BlackBerry Limited has overtaken GameStop Corp. and now emerged as the second-most mentioned stock just behind AMC Entertainment Holdings Inc. on Reddit’s r/WallStreetBets forum.What Happened:Canada-based tech companyBlackBerry had 487 mentions on the Reddit forum during the last 24 hours, data from Quiver Quantitative showed.In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.GameStop was mentioned more frequently than BlackBerry on the Reddit forum over a seven-day period as well as over the past month, the data showed. AMC had more than 13,100 mentions during the past week, followed by GameStop with 4,271 mentions and BlackBerry with 3,450 mentions.AMC Entertainment was mentioned more than 24,100 times during the past 30 days, followed by GameStop as the second-most talked about stock with more than 17,200 mentions. In comparison, BlackBerry trailed in sixth place with just 4,697 mentions during the period.Why It Matters:The stocks that were the focus of a push from retail investors on Reddit earlier this year are riding another wave higher as the ‘WSB army' continues to band together to force a short squeeze.The Quiver Quantitative data shows that BlackBerry has emerged as a favorite stock of retail investors over the past week.The meme stock rally during the past week has already resulted in year-to-date losses of more than $8 billion for short sellers — those betting for declines in the company’s shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119509777,"gmtCreate":1622553463299,"gmtModify":1704186164111,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;","listText":"[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;","text":"[Surprised] [Surprised] [Surprised] [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/119509777","repostId":"1136499588","repostType":4,"repost":{"id":"1136499588","kind":"news","pubTimestamp":1622553320,"share":"https://ttm.financial/m/news/1136499588?lang=&edition=fundamental","pubTime":"2021-06-01 21:15","market":"us","language":"en","title":"Moderna applies for full FDA approval of its Covid vaccine","url":"https://stock-news.laohu8.com/highlight/detail?id=1136499588","media":"CNBC","summary":"KEY POINTS\n\nModerna is the second drugmaker in the U.S. to seek a biologics license that will allow ","content":"<div>\n<p>KEY POINTS\n\nModerna is the second drugmaker in the U.S. to seek a biologics license that will allow it to market the shots directly to consumers.\nThe mRNA vaccine is currently on the U.S. market under...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/01/covid-vaccine-moderna-applies-for-full-fda-approval.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Moderna applies for full FDA approval of its Covid vaccine</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\">\nModerna applies for full FDA approval of its Covid vaccine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/01/covid-vaccine-moderna-applies-for-full-fda-approval.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nModerna is the second drugmaker in the U.S. to seek a biologics license that will allow it to market the shots directly to consumers.\nThe mRNA vaccine is currently on the U.S. market under...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/01/covid-vaccine-moderna-applies-for-full-fda-approval.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"https://www.cnbc.com/2021/06/01/covid-vaccine-moderna-applies-for-full-fda-approval.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1136499588","content_text":"KEY POINTS\n\nModerna is the second drugmaker in the U.S. to seek a biologics license that will allow it to market the shots directly to consumers.\nThe mRNA vaccine is currently on the U.S. market under an emergency use authorization, which was granted by the FDA in December.\n\nModerna on Tuesday asked the Food and Drug Administration for full U.S. approval of its Covid-19 vaccine — the second drugmaker in the U.S. to seek a biologics license that will allow it to market the shots directly to consumers.\nThe mRNA vaccine is currently on the U.S. market under an emergency use authorization, which was granted by the FDA in December. It gives conditional approval based on two months of safety data. It’s not the same as a biologics license application, or a request for full approval, which requires at least six months of data. Over 100 million of the shots have already been administered, according to data compiled by the Centers for Disease Control and Prevention.\n“We are pleased to announce this important step in the U.S. regulatory process for a Biologics License Application (BLA) of our COVID-19 vaccine,” Moderna CEO Stephane Bancel said in a press release. “We look forward to working with the FDA and will continue to submit data from our Phase 3 study and complete the rolling submission.”\nShares of Moderna were essentially flat in premarket trading.\nThe FDA approval process is likely to take months.\nModerna will continue to submit data to support the BLA to the FDA on a rolling basis over the coming weeks, the company said Tuesday.\nOnce companies submit applications to the FDA, agency scientists painstakingly look through the clinical trial data, including for any discrepancies or safety concerns, said Dr. Paul Offit, a voting member of the agency’s Vaccines and Related Biological Products Advisory Committee. “They want to make sure that the company has fairly and accurately displayed all those data,” he said.\nFull U.S. approval will allow Moderna’s vaccine to stay on the market once the pandemic is over and the U.S. is no longer in a public health emergency, said former FDA commissioner Dr. Robert Califf. It also sets the stage for the company to begin advertising the shots on TV and other media platforms, he said, which is not permitted under an EUA.\nModerna is the second company to seek full U.S. approval of its Covid vaccine.On May 7,Pfizer and partner BioNTech said they started the process of seeking full approval for their vaccine for use in people 16 and older in the U.S.\nIf the FDA grants Moderna’s request, it would be the Massachusetts-based company’s first-ever approved product.\nModerna’s vaccine, which requires two doses given four weeks apart,has been found to be more than 90% effective at protecting against Covid and more than 95% effective against severe disease up to six months after the second dose. The company said in an earnings report on May 6 that it planned to begin the process of seeking full FDA approval soon.\nIn addition to seeking full approval, the company is also expected to ask the FDA to expand the emergency use of its Covid vaccine for adolescents as young as 17.The company said last week its shots were found to be 100% effective in a study of kids ages 12 to 17.","news_type":1},"isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137106031,"gmtCreate":1622316189823,"gmtModify":1704182910928,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","listText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","text":"[Great] [Great] [Great] [Great] [Great] [Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137106031","repostId":"2138488761","repostType":4,"repost":{"id":"2138488761","kind":"news","pubTimestamp":1622214949,"share":"https://ttm.financial/m/news/2138488761?lang=&edition=fundamental","pubTime":"2021-05-28 23:15","market":"us","language":"en","title":"Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits","url":"https://stock-news.laohu8.com/highlight/detail?id=2138488761","media":"Yahoo Finance","summary":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehous","content":"<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.</p><p>\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.</p><p>Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.</p><p>\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.</p><p>Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.</p><p>Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.</p><p>Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:</p><ul><li><p><b>Net Sales: </b>$45.3 billion vs. $43.5 billion</p></li><li><p><b>Same-Store Sales: </b>+20.6% vs. +16%</p></li><li><p><b>Operating Profits:</b> $1.66 billion vs. $1.41 billion</p></li><li><p><b>Diluted EPS:</b> $2.75 vs. $2.33</p></li></ul><p>Analysts stayed upbeat.</p><p>\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.</p><p>Wissink reiterated a Buy rating on Costco with a $445 price target.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCostco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts...</p>\n\n<a href=\"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BJ":"BJ批发俱乐部","COST":"好市多","WMT":"沃尔玛","TGT":"塔吉特"},"source_url":"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138488761","content_text":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:Net Sales: $45.3 billion vs. $43.5 billionSame-Store Sales: +20.6% vs. +16%Operating Profits: $1.66 billion vs. $1.41 billionDiluted EPS: $2.75 vs. $2.33Analysts stayed upbeat.\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.Wissink reiterated a Buy rating on Costco with a $445 price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135424065,"gmtCreate":1622178058357,"gmtModify":1704180967181,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/135424065","repostId":"1165703692","repostType":4,"repost":{"id":"1165703692","kind":"news","pubTimestamp":1622171138,"share":"https://ttm.financial/m/news/1165703692?lang=&edition=fundamental","pubTime":"2021-05-28 11:05","market":"us","language":"en","title":"Airbnb Rated Outperform; RBC Says Valuation Premium Justified","url":"https://stock-news.laohu8.com/highlight/detail?id=1165703692","media":"The Street","summary":"Airbnb’s 'dominant customer engagement' is 'more than just a reopening trade,' RBC analyst Brad Eric","content":"<blockquote>\n Airbnb’s 'dominant customer engagement' is 'more than just a reopening trade,' RBC analyst Brad Erickson says, starting coverage at outperform.\n</blockquote>\n<p>Airbnb&nbsp;(<b>ABNB</b>) -Get Report&nbsp;shares rose Thursday after RBC Capital Markets began coverage of the travel-housing platform with an outperform rating and a price target of $170.</p>\n<p>“We like ABNB’s dominant customer engagement, view it as more than just a reopening trade with less appreciated secular tailwinds,” RBC analyst Brad Erickson wrote in a commentary cited by Bloomberg.</p>\n<p>“Our property-manager checks suggest share gains are on the horizon, and we think supply maturity is further away than investors realize.”</p>\n<p>The San Francisco company's stock recently traded at $141.21, up 4.8%. It has dropped 32% over the past three months as investors were concerned about the stock's valuation.</p>\n<p>Erickson maintains that Airbnb’s valuation premium over competitors is justified, “given the differentiated brand, clear category leadership, share-gain potential and increasing optionality over time.”</p>\n<p>The pandemic-sparked rise in household savings translates to “meaningful dry powder for booking trips,” he said.</p>\n<p>In other Airbnb news Thursday, it said it’s extending its global ban on parties, begun in August 2020, through at least the end of summer 2021.</p>\n<p>“This policy has proven to be popular with our host community – the vast majority of whom already prohibited parties in their own rules.”</p>\n<p>On May 17,Airbnb’s post-IPO lockup expired, permitting insiders to sell their shares for the first time since the company went public in December.</p>\n<p>Earlier this month,Airbnb’s first-quarter revenue beat expectations, but its loss for the period came in wider than analysts had forecast.</p>\n<p>Revenue totaled $886.9 million for the quarter, topping analysts’ forecast of $720.8 million.</p>\n<p>Airbnb posted a loss of $1.95 a share, worse than the $1.17 analysts predicted.</p>","source":"lsy1610613172068","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>Airbnb Rated Outperform; RBC Says Valuation Premium Justified</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nAirbnb Rated Outperform; RBC Says Valuation Premium Justified\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/airbnb-initiated-outperform-rbc-valuation-premium-justified><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Airbnb’s 'dominant customer engagement' is 'more than just a reopening trade,' RBC analyst Brad Erickson says, starting coverage at outperform.\n\nAirbnb (ABNB) -Get Report shares rose Thursday after ...</p>\n\n<a href=\"https://www.thestreet.com/investing/airbnb-initiated-outperform-rbc-valuation-premium-justified\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.thestreet.com/investing/airbnb-initiated-outperform-rbc-valuation-premium-justified","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165703692","content_text":"Airbnb’s 'dominant customer engagement' is 'more than just a reopening trade,' RBC analyst Brad Erickson says, starting coverage at outperform.\n\nAirbnb (ABNB) -Get Report shares rose Thursday after RBC Capital Markets began coverage of the travel-housing platform with an outperform rating and a price target of $170.\n“We like ABNB’s dominant customer engagement, view it as more than just a reopening trade with less appreciated secular tailwinds,” RBC analyst Brad Erickson wrote in a commentary cited by Bloomberg.\n“Our property-manager checks suggest share gains are on the horizon, and we think supply maturity is further away than investors realize.”\nThe San Francisco company's stock recently traded at $141.21, up 4.8%. It has dropped 32% over the past three months as investors were concerned about the stock's valuation.\nErickson maintains that Airbnb’s valuation premium over competitors is justified, “given the differentiated brand, clear category leadership, share-gain potential and increasing optionality over time.”\nThe pandemic-sparked rise in household savings translates to “meaningful dry powder for booking trips,” he said.\nIn other Airbnb news Thursday, it said it’s extending its global ban on parties, begun in August 2020, through at least the end of summer 2021.\n“This policy has proven to be popular with our host community – the vast majority of whom already prohibited parties in their own rules.”\nOn May 17,Airbnb’s post-IPO lockup expired, permitting insiders to sell their shares for the first time since the company went public in December.\nEarlier this month,Airbnb’s first-quarter revenue beat expectations, but its loss for the period came in wider than analysts had forecast.\nRevenue totaled $886.9 million for the quarter, topping analysts’ forecast of $720.8 million.\nAirbnb posted a loss of $1.95 a share, worse than the $1.17 analysts predicted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132475596,"gmtCreate":1622111467215,"gmtModify":1704179658182,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;","listText":"[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;","text":"[Cry] [Cry] [Cry] [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132475596","repostId":"1183505680","repostType":4,"repost":{"id":"1183505680","kind":"news","pubTimestamp":1622110621,"share":"https://ttm.financial/m/news/1183505680?lang=&edition=fundamental","pubTime":"2021-05-27 18:17","market":"us","language":"en","title":"Cathie Wood’s Bad Spring Is Only a Blip When the Future Is So Magnificent","url":"https://stock-news.laohu8.com/highlight/detail?id=1183505680","media":"Bloomberg","summary":"Her flagship fund ARKK, which had a dramatic breakout during the pandemic, is way off its peak as bo","content":"<p>Her flagship fund ARKK, which had a dramatic breakout during the pandemic, is way off its peak as bold bets on Tesla and Bitcoin have faltered. But for the superstar portfolio manager, there’s always five years from now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/635880405de664b5f1b1aba431293df6\" tg-width=\"1000\" tg-height=\"1333\"><span>Wood PHOTOGRAPHER: REED YOUNG</span></p>\n<p>In the weirdest year of our lives, the rise of Cathie Wood is hardly the weirdest thing to happen. But still. She’s the first star in an industry, the $6.3 trillion world of exchange-traded funds, that wasn’t supposed to have any. She’s a throwback—a money manager who’s actually famous among regular investors, like Peter Lynch or Warren Buffett. And not only is she the first woman to play that role, she’s taken a throne in the pantheon of meme stock demigods, up there with the Elon Musks and shiba inus.</p>\n<p>Wood moves stocks with her trades andher tweets. On social media and in online forums around the world, her name is synonymous with a certain brand of technophilia, an enthusiasm for the next big thing, whether that’s robotics or gene editing or digital currencies. Some of her bolder predictions forBitcoinand Tesla came true, to the shock of Wall Street analysts who found them ridiculous.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a726aefb59abf1bf29c40f55e85accba\" tg-width=\"1511\" tg-height=\"1999\"><span>Featured in Bloomberg Businessweek, May 31, 2021. Subscribe now.PHOTO ILLUSTRATION BY RAD MORA; PHOTO: REED YOUNG</span></p>\n<p>The company she founded,ARK Investment Management, went from an unprofitable niche operator to arunaway success&nbsp;in just a few years. Her flagship ARK Innovation fund gained almost 150% in 2020, then as much as 26% more in the new year. Droves of investors, many of them young novices, bet on Wood, pouring almost $21 billion into ARK in 2020.</p>\n<p>In the depths of the pandemic, she championed a beautiful future where technology would make everything better and more profitable. It was part of a rising subculture of belief, in both technological change and financial risk-taking, that reached a fever pitch in the dark winter of 2021. Stocks soared even as the coronavirus carnage mounted: joblessness, business closures, deaths. Retail traders with stimulus checks shocked hedge funds by bidding up GameStop Corp. and other meme stocks. Wood’s swift ascent was emblematic of a struggle playing out in financial markets, where investors giddy over the promises (and entertainment value) of innovations such as cryptocurrency seemed to be winning out over skeptics. Dogecoin, created&nbsp;as a joke, surged 20,000%.</p>\n<p>Sooner or later, the market was bound toturn on her. Vaccinations accelerated, and the economy reopened. Investors responded by turning from speculative high-tech stocks toward boring ones that would benefit from a broader recovery. Wood’s flagship fund gave up all its 2021 gains and then some. As broad stock indexes continued to climb, she went from having one of the best performances among money managers to losing money year-to-date. She blamed fears of inflation for sending “the innovation-oriented part of the stock market”—her bread and butter—into a correction.Tesla Inc.tumbled more than 30%&nbsp;from its peak, the same amount Bitcoin fell in one shocking morning in mid-May.</p>\n<p>Wood’s always-online fans are sticking by her. Investors who poured a net $34 billion into ARK’s eight funds in the past 12 months have withdrawn only about $1.2 billion since the end of February. They’re betting that the world, emerging from Covid-19, will catch up to the future she proselytizes for. To the true believers, her sudden fame won’t be an oddball footnote in market history, like GameStop, but a forerunner to decades of glorious change. Just as Mary Meeker cheered early internet companies Yahoo! and Priceline.com as a Morgan Stanley analyst during the dot-com boom, Wood preaches a peculiarly American gospel of utopian change powered by capitalism.</p>\n<p>She drives home her message with repetition. “We have a five-year investment time horizon,” she says over and over again, especially when her funds are dropping in value. Other Cathie catchphrases get emblazoned on ARK merchandise, sold to the company’s more devoted clients with all profits going to charity. A T-shirt reads “Truth Wins Out”; a baby onesie says “Invest in the Future Today.” She spreads the word in a steady stream of videos, webinars, and commentaries posted on ARK’s website, along with frequent appearances at conferences andon mediaincluding CNBC, Bloomberg TV, and a variety of investing podcasts. Despite this, ARK turned down requests for an in-depth interview for this story.</p>\n<p>As Wood and her company’s research frequently remind investors, electrification, the telephone, and the internal combustion engine turned the world upside down a century ago. Now, she tells anyone who will listen,five technologies—artificial intelligence, blockchain, DNA sequencing, energy storage, and robotics—are bringing about an equally profound transformation of the economy. These innovations will converge, recombine into things like autonomous taxis and whatnot, and create a perfect economic storm of higher wages, falling prices, and wider profit margins. That leads to “virtuous cycles” of more investment in faster innovation.</p>\n<p>It’s a lot. And it may be familiar to anyone who remembers that other spasm of tech-stock fever, the dot-com bubble. But Wood’s got a riff ready for that, too. “The dream was right. It was just 20 to 25 years too early,” she often says. Now, “the seeds are beginning to flourish. We are ready for prime time.”</p>\n<p>In some ways, Wood is an unlikely evangelist for change. She’s 65 and conservative, both politically and economically. For decades she’s championed green investments, but she rarely uses the terms “climate change” or “clean energy.” After donating $1,000 to elect Donald Trump in 2016, she gave $25,000 to his presidential campaign and associated Republican political action committees in 2020, Federal Election Commission records show. Her mentor is Arthur Laffer, the 80-year-old economist who’s pushed his tax-cutting philosophy on Republican presidents since Ronald Reagan, ideas many modern economic thinkers blame for ballooning inequality.</p>\n<p>Wood has bemoaned President Joe Biden’s plans to spend big and tax the wealthy, even though many of his proposals are designed to bring the economy closer to her futuristic vision for it, and though higher capital-gains taxes could push more money into tax-efficient funds like hers. She warns that higher taxes on companies and investors will discourage future innovation.</p>\n<p>She surrounds herself with an unusually young and diverse team at ARK, some of whom openly disagree with her politics. Director of Research Brett Winton, whose work Wood often cites, gave $2,800 donations (the individual maximum) to Biden and other Democrats, including both of Georgia’s successful Senate candidates. About a quarter of ARK’s staff of about 35 are people of color, including the chief financial officer and chief compliance officer, who are Black men. One-third are women, and most are younger than 35. The youngest are the analysts, who produce the research that gets so much online attention for being gutsy or delusional, depending on who’s tweeting. Only a few have finance backgrounds; they’ve more likely been cancer researchers and sailboat captains. The office culture is, by all accounts, collegial, casual, and collaborative. “Cathie believes in a circle table as opposed to a rectangular table,” Kellen Carter, ARK’s chief compliance officer, told Bloomberg last year. “She wants everyone around the table offering their ideas.”</p>\n<p>Wood can be combative, too, especially when mocking the low-effort, passive index strategies that have gained popularity at the expense of active managers like her. “Many investors appear to be afraid of companies that offer newer, faster, cheaper, and creative products and services,” says the narrator in an ARK parody of a pharmaceutical ad. “Ask your adviser today if investing in a traditional broad-based index is right for you.”</p>\n<p>Every Friday morning, she convenes an investment ideas meeting with her analysts and outside experts that’s part business school seminar and part free-form futurist bull session. They’re “a wind tunnel for the analysts,” allowing them to test assumptions and defend themselves against critics, says David Bodde, a retired engineering professor who’s been attending them for years. “The lovely thing about it is you don’t have to talk the party line. You can say things that are heretical.” But Wood’s techno-utopianism comes through loud and clear, occasionally to a degree that surprises her employees. “I thought I was a tech obsessive,” said James Wang, who was until February ARK’s artificial intelligence analyst, last year. “Cathie, it turns out, is even more aggressive than I am in imagining future outcomes. She sees things management itself hasn’t even considered.”</p>\n<p>By her own description, Wood spent her childhood as “a very serious little girl.” Her parents, Gerald and Mary Duddy, immigrated to the U.S. from Ireland. Gerald worked on military radar systems, and so Cathie, the oldest of four children, grew up on U.S. Air Force bases in England, Ireland, Alabama, upstate New York, and California. Her father’s interest in technology and investing made an impression on her.</p>\n<p>She got to know Laffer at the University of Southern California, where she majored in finance and economics and he was a professor of graduate-level classes. “You could tell there wasn’t a lot that was going to get in her way,” he says. Wood graduated summa cum laude in 1981, and Laffer helped her land a job at Capital Group in Los Angeles as an assistant economist. He soon introduced her to Jennison Associates—“where I effectively grew up,” she has said. She joined AllianceBernstein Holding LP in 2001, where she oversaw more than $5 billion focused on innovative growth investments. Then as now, Wood’s fund was volatile, causing rifts with the company’s distribution teams, who at times found the performance hard to sell.</p>\n<p>At AllianceBernstein, she first hit on the idea that would transform her career.Exchange-traded funds, or ETFs, are mutual funds that trade throughout the day like stocks. Their flexible, tax-efficient structure allows anyone to buy in, with shares that can be created depending on demand. They’re typically fully transparent, eliminating any confusion around why prices are going up or down, and based on a set list of investments rather than the judgment of a human manager.</p>\n<p>The ETF boom was just beginning when Wood suggested AllianceBernstein introduce its own, with a twist: an ETF that would be actively managed. The idea never went anywhere because, she said later, executives “weren’t quite sure what it would mean for their business model.” For one thing, ETFs, which usually have lower fees, could have created cheaper competition for the company’s existing mutual funds. AllianceBernstein declined to comment.</p>\n<p>By 2014, Wood had left and started her company, ARK. The name officially stands for Active Research Knowledge, though she has also said it’s inspired by the Old Testament Ark of the Covenant. The early years were rough. Wood, then 58 and not well known, financed the company out of her life savings, and had a hard time finding investors willing to take a chance on an actively managed ETF. “When I first met her a couple months before she launched, I was sure she would be gone within a year or two,” says Bloomberg Intelligence ETF analyst Eric Balchunas. The inherent transparency of ETFs didn’t help the pitch: Wall Street traders typically guard their brilliant investment ideas like the crown jewels. With ARK, any investor can see what Wood’s funds own and copy her ideas day by day.</p>\n<p>A rare source of capital was her friend Bill Hwang, a hedge fund trader and fellow Christian who had founded his family office, Archegos Capital Management, a year before she started ARK. She and Hwang met in 2013 when both were advisers to Financial Services Ministry, a group for Christians in finance affiliated with New York’s Redeemer Presbyterian Church. They swapped stock tips, and, according to Wood, he was “very intrigued” by her plans to start ARK. The ARK Innovation ETF debuted in October 2014, along with specialized funds focusing on autonomous technology and robotics, the internet, and genomics. Hwang provided seed capital for all four. His risky bets caused Archegos and his $20 billion fortune toimplode in a couple daysin late March 2021.</p>\n<p>ARK eventually stopped losing money for Wood, posting strong if volatile returns from 2017 through 2019. But few investors paid much attention—until last spring.</p>\n<p><b>Cathie Wood’s ETFs</b></p>\n<p><img src=\"https://static.tigerbbs.com/722011b25d5c81e7dc5c6b554860ad4f\" tg-width=\"725\" tg-height=\"801\"></p>\n<p>Wood had been preparing for something like the pandemic for a long time. “The best thing that can happen for us—and this is going to sound odd—is a crisis,” she said on a podcast in February 2019. “It’s usually when innovation takes root and gains traction.” Previous crises had taught her that fearful and uncertain consumers and companies are willing to try new things. She was optimistic even during the financial crisis, according to a former colleague at AllianceBernstein who spoke on the condition of anonymity. The disruptions of the 2007-09 recession ultimately boosted some of her favorite stocks then, such as Salesforce.com Inc. and Amazon.com Inc.</p>\n<p>When Wood stopped by Bloomberg’s New York headquarters&nbsp;on March 9, 2020, Covid cases were spreading exponentially. Stock indexes crashed 8%, the biggest one-day drop since 2008. But she was confident about what it all meant: Biotech holdings would get a lift, she said, along with Illumina Inc., a long-standing holding that makes gene-sequencing technology. Worries about international supply chains would finally popularize 3D printing, after decades of predictions that it was about to take off.</p>\n<p>What’s remarkable, looking back, is how much pre-Covid Cathie Wood sounds like herself today. She sticks to the same talking points in interviews years apart. Her vision of the future hasn’t appreciably changed, even if her timeline has accelerated.</p>\n<p>“You listen to her and you go, ‘Wow. Either she’s right or she really thinks she’s right’ ”</p>\n<p>She frequently mentions Wright’s law, the theory that the more of something that gets produced, the faster its cost goes down. For example, the price of screening a patient’s genes for multiple cancers has fallen from $30,000 to $1,500 in five years, and should drop to $250 by 2025, ARK estimates. That would make annual genetic screenings affordable, saving 66,000 lives each year—more than “any medical intervention in history,” she says, with characteristic understatement. The same principle would slash the costs and inconveniences of transportation, as cheaper and cheaper batteries rapidly replace the internal combustion engine. ARK expects electric vehicle sales to soar from 2.2 million worldwide in 2020 to 40 million in 2025.</p>\n<p>The pandemic turned out to be the transformative crisis Wood had been predicting—at least for her investment returns. From its March 2020 low to its February 2021 peak, the ARK Innovation fund jumped more than 350%. (Even after its recent selloff, the fund is still up about 220% from then.)</p>\n<p>Nonetheless, she underestimated the virus itself. “I do think there is a lot of hysteria out there around the coronavirus,” she said during her Bloomberg visit in March 2020. Echoing Trump, she compared Covid to the flu.</p>\n<p>A month later, she worried that the federal government’s stimulus law, the $2.2 trillion Cares Act, was too generous and might hold back the economic recovery by giving workers incentives not to work. Ironically, those stimulus checks would get credit for luring a generation of young people into stock trading. And when they signed up for Robinhood accounts, or logged onto Reddit or Twitter, and started seeing performance charts, they quickly learned about ARK.</p>\n<p>Wood’s profile soared. Her Twitter following multiplied 28-fold since late 2019; she surpassed 900,000 followers after an interaction with Elon Musk’s 56 million-follower account. From a global fan base, she acquired a range of nicknames including“Money Tree”in South Korea and “The Godmother” in Hong Kong. TikTok and Twitter are full of videos and memes celebrating her as a stockpicker and a female role model. “Wherever I go in the ETF world, Cathie comes up, Cathie is always in the conversation,” Balchunas says.</p>\n<p>Her willingness to err on the side of being too early, rather than too late, has clearly hit a FOMO nerve. “I want to be part of the next Apple,” says Mark LeClair, a 43-year-old ARK investor who works in software support near Houston. He says he’s not worried about temporary drops in her funds’ share prices. “Over the next 10 years, these innovators are going to dominate these spaces, and I think Cathie is on the right track.”</p>\n<p>The investing industry’s response to ARK’s success was, of course, to copy it. Giants including BlackRock, which manages $9 trillion, launched products built around themes such as robotics and self-driving cars. MSCI, one of the largest creators of the sort of indexes that Wood has spent years critiquing, collaborated with ARK on new ones inspired by her approach.</p>\n<p>Financial advisers, tasked with steering customers to prudent investments, struggle to handle the Wood phenomenon. Earlier this year, Leon LaBrecque, chief growth officer for Sequoia Financial Group, said clients couldn’t stop asking about her, even as her performance was beginning to falter. “Everybody wants to be with the rock star,” he said. He bought shares of the ARK Innovation ETF and ARK Genomic Revolution ETF for his own portfolio in 2019. After driving a Tesla and becoming fascinated by the car, he loved the idea of investing in an ARK fund and capturing some of the benefits of Tesla without shouldering 100% of the risk. In some ways, Wood reminded him of Tesla’s CEO. “She’s got that Musk confidence,” LaBrecque said. “You listen to her and you go, ‘Wow. Either she’s right or she really thinks she’s right.’ ”</p>\n<p>But LaBrecque sold his personal ARK positions this year, saying he’s uncertain whether the company can continue growing at the rate it did in 2020. He doesn’t recommend ARK funds to clients, though he will buy shares if they specifically request it.</p>\n<p>In 2020 and early 2021, Wood and her online defenders had an easy response to detractors: Look at her record. Her 2018 prediction that Tesla would hit $4,000 a share—which much of Wall Street found laughable—came true in early 2021. When Wood first bet on Bitcoin, in 2015, the cryptocurrency traded around $230. It peaked at over $63,000 in April.</p>\n<p>Since then, Tesla has tumbled back below her 2018 target, which would now be $800 a share adjusted for a 5-for-1 stock split. As an unforgiving market has pushed ARK’s flagship fund down a third from its peak, the skeptics have gotten louder. They were especially vociferous in March when ARK unveiled its&nbsp;new price target for Tesla, a 2025 “base case” of $3,000 a share, a fivefold increase. ARK was ridiculed for, among other things, saying Tesla could elbow into the car insurance industry, building a $23 billion business in a few years—an assertion, critics said, that showed the company just didn’t understand how insurers are regulated and how much capital they require. Equally baffling to many auto experts are ARK’s projections for electric vehicles, which suppose a tenfold increase in production in just a few years, and for Tesla’s creation of an autonomous taxi network, based on a technology—driverless cars—that doesn’t really exist yet. Wood says traditional auto analysts don’t understand Tesla, which she sees as a technology company far more than a carmaker. “Tesla has pulled together the right people with the right data with the right vision,” she says.</p>\n<p>As for her crypto enthusiasms, her company projects Bitcoin will become a sizable part of mainstream portfolios, including 401(k)s and pensions. In February, Wood said Bitcoin could even replace bonds in the traditional 60/40 stock-bond portfolio—in other words, investors en masse would swap the stability of bonds for a new, untested, and highly volatile asset. That seems like a stretch, even by 2021 standards.</p>\n<p>ARK has also made some policy changes that haven’t exactly allayed concerns about Wood’s appetite for risk. It used to impose a 20% limit on the amount of a company’s shares any ARK ETF could own. It&nbsp;scrapped that cap&nbsp;in late March, giving her the flexibility to make even bolder, more concentrated bets in the future. In the same filing, ARK said it may buy into special purpose acquisition companies, or&nbsp;SPACs, the blank-check companies that have also become a stock market craze in the past year. The Securities and Exchange Commission has warned investors about buying shares of SPACs backed by celebrities, including professional athletes, and Wood has said some SPACs “are going to end badly.” In March, though, the ARK Autonomous Technology &amp; Robotics ETF (ticker ARKQ) bought shares of a SPAC&nbsp;backed by tennis star Serena Williams&nbsp;that merged with 3D-printing company Velo3D Inc. to take it public.</p>\n<p>As her returns dip, Wood has urged everyone to keep the faith. “I know there’s a lot of fear, uncertainty, and doubt evolving in the world out there,” she said in a video posted on a Friday after a particularly brutal week for her funds. Look on the bright side, she told her investors. Lower stock prices now mean even bigger returns later for companies like Tesla with—another favorite phrase—“exponential growth opportunities.”On Bloomberg TV, she said: “We keep our eye on the prize.”</p>\n<p>Wood may survive being wrong about the little things if she’s right about the big stuff. She and her clients may still make money if we really are at the beginning of a new economy that looks nothing like our pre-pandemic reality. With fears of inflation running rampant, she predicts the opposite, a sort of golden age for companies, workers, and investors. The economy can grow rapidly without triggering inflation, according to Wood, because these new technologies—batteries, DNA sequencing, robots, and others, all plunging in price—can make companies and workers so much more efficient.</p>\n<p>An economy transforming this rapidly will have plenty of victims. An ARK“&nbsp;Bad Ideas” report&nbsp;published in October listed several: physical stores and bank branches, linear TV, freight rail and other forms of traditional transportation. Almost half of the S&amp;P 500 is threatened, Wood has said. The hardest hit will be those who spent the past decade juicing earnings rather than investing in the future. “The other side of disruptive innovation is creative destruction.”</p>\n<p>Workers don’t face the same threat, says Wood, who has predicted a coming labor shortage. Technology will create vast categories of jobs that “we cannot imagine today,” she has said. Meanwhile, people will outsource tasks such as driving, grocery shopping, and food preparation to others, both robotic and human. “The more repetitive jobs are going to succumb to mechanization, and the more interesting jobs will go to human beings who will be helped by robots.”</p>\n<p>Even assuming the future she envisions does come true, she also has to be right on the timing. Epic breakthroughs can be costly and slow to deploy in the real world. “This is something that plays out over a period of decades, not months or years,” says Erik Brynjolfsson, a Stanford professor specializing in technological change. For example, it took a generation after the invention of electric motors before they became incorporated in assembly lines. And with any technological change, “it’s a lot easier to identify the companies that are vulnerable than the companies that are going to come out ahead,” Brynjolfsson says. “The winners, a lot of them, are going to come out of left field.” Meanwhile, history is full of hot investors whose luck eventually ran out.</p>\n<p>To make money on the “five-year time horizon” that she mentions at every opportunity, Wood must somehow glean what technologies, supply chains, regulations, competitive dynamics, and the broader economy will look like years into the future. But operating in the future has its advantages. Hope springs eternal. No matter what’s happening in the present—a global pandemic, for example—there’s always five years from now. Listening to her, it’s clear that technological change represents something more to Wood than an investment strategy. It’s an open question whether making money is even her primary goal. ARK, especially given its substantial startup costs, has not made her fabulously wealthy, certainly not at the scale of billionaire hedge fund managers who are far less famous.</p>\n<p>The dawning of a high-tech future is central to Wood’s life philosophy, closely connected to her religious and political views. In starting ARK, her goal was “encouraging the new creation, God’s new creation,” she said on a Christian podcast last year, by investing in “transformative technologies that were going to change the world.” The triumph of innovation also fits well with her free-market views. To a younger generation tempted by socialism, she’s hoping to show that capitalism can still work its magic.</p>\n<p>As stocks dropped and Bitcoin suffered a 30% crash on the morning of May 19, its worst decline in seven years, Wood said it “pains me more than anything” to think clients might be panicking and selling at the wrong time. Even when her funds were doing well, she said&nbsp;at a recent&nbsp;<i>Bloomberg Businessweek</i>&nbsp;event, she had tried to “stay humble,” warning colleagues that a severe correction might be ahead. Now that it had arrived, “we’re looking at this and saying innovation is on sale,” she said. “I know it’s been hard for our clients in recent months. Keep the faith.” She still expected the stocks in her portfolios to more than triple in the next five years, she assured viewers. And Bitcoin, which almost fell to $30,000 that morning? She still believed her favorite cryptocurrency could someday hit $500,000.</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>Cathie Wood’s Bad Spring Is Only a Blip When the Future Is So Magnificent</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\">\nCathie Wood’s Bad Spring Is Only a Blip When the Future Is So Magnificent\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 18:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2021-05-27/cathie-wood-is-a-believer-from-bitcoin-to-tesla-even-as-arkk-fund-stumbles?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Her flagship fund ARKK, which had a dramatic breakout during the pandemic, is way off its peak as bold bets on Tesla and Bitcoin have faltered. But for the superstar portfolio manager, there’s always ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2021-05-27/cathie-wood-is-a-believer-from-bitcoin-to-tesla-even-as-arkk-fund-stumbles?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKW":"ARK Next Generation Internation ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKG":"ARK Genomic Revolution ETF","ARKX":"ARK Space Exploration & Innovation ETF","ARKR":"Ark Restaurants Corp","ARKK":"ARK Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF"},"source_url":"https://www.bloomberg.com/news/features/2021-05-27/cathie-wood-is-a-believer-from-bitcoin-to-tesla-even-as-arkk-fund-stumbles?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183505680","content_text":"Her flagship fund ARKK, which had a dramatic breakout during the pandemic, is way off its peak as bold bets on Tesla and Bitcoin have faltered. But for the superstar portfolio manager, there’s always five years from now.\nWood PHOTOGRAPHER: REED YOUNG\nIn the weirdest year of our lives, the rise of Cathie Wood is hardly the weirdest thing to happen. But still. She’s the first star in an industry, the $6.3 trillion world of exchange-traded funds, that wasn’t supposed to have any. She’s a throwback—a money manager who’s actually famous among regular investors, like Peter Lynch or Warren Buffett. And not only is she the first woman to play that role, she’s taken a throne in the pantheon of meme stock demigods, up there with the Elon Musks and shiba inus.\nWood moves stocks with her trades andher tweets. On social media and in online forums around the world, her name is synonymous with a certain brand of technophilia, an enthusiasm for the next big thing, whether that’s robotics or gene editing or digital currencies. Some of her bolder predictions forBitcoinand Tesla came true, to the shock of Wall Street analysts who found them ridiculous.\nFeatured in Bloomberg Businessweek, May 31, 2021. Subscribe now.PHOTO ILLUSTRATION BY RAD MORA; PHOTO: REED YOUNG\nThe company she founded,ARK Investment Management, went from an unprofitable niche operator to arunaway success in just a few years. Her flagship ARK Innovation fund gained almost 150% in 2020, then as much as 26% more in the new year. Droves of investors, many of them young novices, bet on Wood, pouring almost $21 billion into ARK in 2020.\nIn the depths of the pandemic, she championed a beautiful future where technology would make everything better and more profitable. It was part of a rising subculture of belief, in both technological change and financial risk-taking, that reached a fever pitch in the dark winter of 2021. Stocks soared even as the coronavirus carnage mounted: joblessness, business closures, deaths. Retail traders with stimulus checks shocked hedge funds by bidding up GameStop Corp. and other meme stocks. Wood’s swift ascent was emblematic of a struggle playing out in financial markets, where investors giddy over the promises (and entertainment value) of innovations such as cryptocurrency seemed to be winning out over skeptics. Dogecoin, created as a joke, surged 20,000%.\nSooner or later, the market was bound toturn on her. Vaccinations accelerated, and the economy reopened. Investors responded by turning from speculative high-tech stocks toward boring ones that would benefit from a broader recovery. Wood’s flagship fund gave up all its 2021 gains and then some. As broad stock indexes continued to climb, she went from having one of the best performances among money managers to losing money year-to-date. She blamed fears of inflation for sending “the innovation-oriented part of the stock market”—her bread and butter—into a correction.Tesla Inc.tumbled more than 30% from its peak, the same amount Bitcoin fell in one shocking morning in mid-May.\nWood’s always-online fans are sticking by her. Investors who poured a net $34 billion into ARK’s eight funds in the past 12 months have withdrawn only about $1.2 billion since the end of February. They’re betting that the world, emerging from Covid-19, will catch up to the future she proselytizes for. To the true believers, her sudden fame won’t be an oddball footnote in market history, like GameStop, but a forerunner to decades of glorious change. Just as Mary Meeker cheered early internet companies Yahoo! and Priceline.com as a Morgan Stanley analyst during the dot-com boom, Wood preaches a peculiarly American gospel of utopian change powered by capitalism.\nShe drives home her message with repetition. “We have a five-year investment time horizon,” she says over and over again, especially when her funds are dropping in value. Other Cathie catchphrases get emblazoned on ARK merchandise, sold to the company’s more devoted clients with all profits going to charity. A T-shirt reads “Truth Wins Out”; a baby onesie says “Invest in the Future Today.” She spreads the word in a steady stream of videos, webinars, and commentaries posted on ARK’s website, along with frequent appearances at conferences andon mediaincluding CNBC, Bloomberg TV, and a variety of investing podcasts. Despite this, ARK turned down requests for an in-depth interview for this story.\nAs Wood and her company’s research frequently remind investors, electrification, the telephone, and the internal combustion engine turned the world upside down a century ago. Now, she tells anyone who will listen,five technologies—artificial intelligence, blockchain, DNA sequencing, energy storage, and robotics—are bringing about an equally profound transformation of the economy. These innovations will converge, recombine into things like autonomous taxis and whatnot, and create a perfect economic storm of higher wages, falling prices, and wider profit margins. That leads to “virtuous cycles” of more investment in faster innovation.\nIt’s a lot. And it may be familiar to anyone who remembers that other spasm of tech-stock fever, the dot-com bubble. But Wood’s got a riff ready for that, too. “The dream was right. It was just 20 to 25 years too early,” she often says. Now, “the seeds are beginning to flourish. We are ready for prime time.”\nIn some ways, Wood is an unlikely evangelist for change. She’s 65 and conservative, both politically and economically. For decades she’s championed green investments, but she rarely uses the terms “climate change” or “clean energy.” After donating $1,000 to elect Donald Trump in 2016, she gave $25,000 to his presidential campaign and associated Republican political action committees in 2020, Federal Election Commission records show. Her mentor is Arthur Laffer, the 80-year-old economist who’s pushed his tax-cutting philosophy on Republican presidents since Ronald Reagan, ideas many modern economic thinkers blame for ballooning inequality.\nWood has bemoaned President Joe Biden’s plans to spend big and tax the wealthy, even though many of his proposals are designed to bring the economy closer to her futuristic vision for it, and though higher capital-gains taxes could push more money into tax-efficient funds like hers. She warns that higher taxes on companies and investors will discourage future innovation.\nShe surrounds herself with an unusually young and diverse team at ARK, some of whom openly disagree with her politics. Director of Research Brett Winton, whose work Wood often cites, gave $2,800 donations (the individual maximum) to Biden and other Democrats, including both of Georgia’s successful Senate candidates. About a quarter of ARK’s staff of about 35 are people of color, including the chief financial officer and chief compliance officer, who are Black men. One-third are women, and most are younger than 35. The youngest are the analysts, who produce the research that gets so much online attention for being gutsy or delusional, depending on who’s tweeting. Only a few have finance backgrounds; they’ve more likely been cancer researchers and sailboat captains. The office culture is, by all accounts, collegial, casual, and collaborative. “Cathie believes in a circle table as opposed to a rectangular table,” Kellen Carter, ARK’s chief compliance officer, told Bloomberg last year. “She wants everyone around the table offering their ideas.”\nWood can be combative, too, especially when mocking the low-effort, passive index strategies that have gained popularity at the expense of active managers like her. “Many investors appear to be afraid of companies that offer newer, faster, cheaper, and creative products and services,” says the narrator in an ARK parody of a pharmaceutical ad. “Ask your adviser today if investing in a traditional broad-based index is right for you.”\nEvery Friday morning, she convenes an investment ideas meeting with her analysts and outside experts that’s part business school seminar and part free-form futurist bull session. They’re “a wind tunnel for the analysts,” allowing them to test assumptions and defend themselves against critics, says David Bodde, a retired engineering professor who’s been attending them for years. “The lovely thing about it is you don’t have to talk the party line. You can say things that are heretical.” But Wood’s techno-utopianism comes through loud and clear, occasionally to a degree that surprises her employees. “I thought I was a tech obsessive,” said James Wang, who was until February ARK’s artificial intelligence analyst, last year. “Cathie, it turns out, is even more aggressive than I am in imagining future outcomes. She sees things management itself hasn’t even considered.”\nBy her own description, Wood spent her childhood as “a very serious little girl.” Her parents, Gerald and Mary Duddy, immigrated to the U.S. from Ireland. Gerald worked on military radar systems, and so Cathie, the oldest of four children, grew up on U.S. Air Force bases in England, Ireland, Alabama, upstate New York, and California. Her father’s interest in technology and investing made an impression on her.\nShe got to know Laffer at the University of Southern California, where she majored in finance and economics and he was a professor of graduate-level classes. “You could tell there wasn’t a lot that was going to get in her way,” he says. Wood graduated summa cum laude in 1981, and Laffer helped her land a job at Capital Group in Los Angeles as an assistant economist. He soon introduced her to Jennison Associates—“where I effectively grew up,” she has said. She joined AllianceBernstein Holding LP in 2001, where she oversaw more than $5 billion focused on innovative growth investments. Then as now, Wood’s fund was volatile, causing rifts with the company’s distribution teams, who at times found the performance hard to sell.\nAt AllianceBernstein, she first hit on the idea that would transform her career.Exchange-traded funds, or ETFs, are mutual funds that trade throughout the day like stocks. Their flexible, tax-efficient structure allows anyone to buy in, with shares that can be created depending on demand. They’re typically fully transparent, eliminating any confusion around why prices are going up or down, and based on a set list of investments rather than the judgment of a human manager.\nThe ETF boom was just beginning when Wood suggested AllianceBernstein introduce its own, with a twist: an ETF that would be actively managed. The idea never went anywhere because, she said later, executives “weren’t quite sure what it would mean for their business model.” For one thing, ETFs, which usually have lower fees, could have created cheaper competition for the company’s existing mutual funds. AllianceBernstein declined to comment.\nBy 2014, Wood had left and started her company, ARK. The name officially stands for Active Research Knowledge, though she has also said it’s inspired by the Old Testament Ark of the Covenant. The early years were rough. Wood, then 58 and not well known, financed the company out of her life savings, and had a hard time finding investors willing to take a chance on an actively managed ETF. “When I first met her a couple months before she launched, I was sure she would be gone within a year or two,” says Bloomberg Intelligence ETF analyst Eric Balchunas. The inherent transparency of ETFs didn’t help the pitch: Wall Street traders typically guard their brilliant investment ideas like the crown jewels. With ARK, any investor can see what Wood’s funds own and copy her ideas day by day.\nA rare source of capital was her friend Bill Hwang, a hedge fund trader and fellow Christian who had founded his family office, Archegos Capital Management, a year before she started ARK. She and Hwang met in 2013 when both were advisers to Financial Services Ministry, a group for Christians in finance affiliated with New York’s Redeemer Presbyterian Church. They swapped stock tips, and, according to Wood, he was “very intrigued” by her plans to start ARK. The ARK Innovation ETF debuted in October 2014, along with specialized funds focusing on autonomous technology and robotics, the internet, and genomics. Hwang provided seed capital for all four. His risky bets caused Archegos and his $20 billion fortune toimplode in a couple daysin late March 2021.\nARK eventually stopped losing money for Wood, posting strong if volatile returns from 2017 through 2019. But few investors paid much attention—until last spring.\nCathie Wood’s ETFs\n\nWood had been preparing for something like the pandemic for a long time. “The best thing that can happen for us—and this is going to sound odd—is a crisis,” she said on a podcast in February 2019. “It’s usually when innovation takes root and gains traction.” Previous crises had taught her that fearful and uncertain consumers and companies are willing to try new things. She was optimistic even during the financial crisis, according to a former colleague at AllianceBernstein who spoke on the condition of anonymity. The disruptions of the 2007-09 recession ultimately boosted some of her favorite stocks then, such as Salesforce.com Inc. and Amazon.com Inc.\nWhen Wood stopped by Bloomberg’s New York headquarters on March 9, 2020, Covid cases were spreading exponentially. Stock indexes crashed 8%, the biggest one-day drop since 2008. But she was confident about what it all meant: Biotech holdings would get a lift, she said, along with Illumina Inc., a long-standing holding that makes gene-sequencing technology. Worries about international supply chains would finally popularize 3D printing, after decades of predictions that it was about to take off.\nWhat’s remarkable, looking back, is how much pre-Covid Cathie Wood sounds like herself today. She sticks to the same talking points in interviews years apart. Her vision of the future hasn’t appreciably changed, even if her timeline has accelerated.\n“You listen to her and you go, ‘Wow. Either she’s right or she really thinks she’s right’ ”\nShe frequently mentions Wright’s law, the theory that the more of something that gets produced, the faster its cost goes down. For example, the price of screening a patient’s genes for multiple cancers has fallen from $30,000 to $1,500 in five years, and should drop to $250 by 2025, ARK estimates. That would make annual genetic screenings affordable, saving 66,000 lives each year—more than “any medical intervention in history,” she says, with characteristic understatement. The same principle would slash the costs and inconveniences of transportation, as cheaper and cheaper batteries rapidly replace the internal combustion engine. ARK expects electric vehicle sales to soar from 2.2 million worldwide in 2020 to 40 million in 2025.\nThe pandemic turned out to be the transformative crisis Wood had been predicting—at least for her investment returns. From its March 2020 low to its February 2021 peak, the ARK Innovation fund jumped more than 350%. (Even after its recent selloff, the fund is still up about 220% from then.)\nNonetheless, she underestimated the virus itself. “I do think there is a lot of hysteria out there around the coronavirus,” she said during her Bloomberg visit in March 2020. Echoing Trump, she compared Covid to the flu.\nA month later, she worried that the federal government’s stimulus law, the $2.2 trillion Cares Act, was too generous and might hold back the economic recovery by giving workers incentives not to work. Ironically, those stimulus checks would get credit for luring a generation of young people into stock trading. And when they signed up for Robinhood accounts, or logged onto Reddit or Twitter, and started seeing performance charts, they quickly learned about ARK.\nWood’s profile soared. Her Twitter following multiplied 28-fold since late 2019; she surpassed 900,000 followers after an interaction with Elon Musk’s 56 million-follower account. From a global fan base, she acquired a range of nicknames including“Money Tree”in South Korea and “The Godmother” in Hong Kong. TikTok and Twitter are full of videos and memes celebrating her as a stockpicker and a female role model. “Wherever I go in the ETF world, Cathie comes up, Cathie is always in the conversation,” Balchunas says.\nHer willingness to err on the side of being too early, rather than too late, has clearly hit a FOMO nerve. “I want to be part of the next Apple,” says Mark LeClair, a 43-year-old ARK investor who works in software support near Houston. He says he’s not worried about temporary drops in her funds’ share prices. “Over the next 10 years, these innovators are going to dominate these spaces, and I think Cathie is on the right track.”\nThe investing industry’s response to ARK’s success was, of course, to copy it. Giants including BlackRock, which manages $9 trillion, launched products built around themes such as robotics and self-driving cars. MSCI, one of the largest creators of the sort of indexes that Wood has spent years critiquing, collaborated with ARK on new ones inspired by her approach.\nFinancial advisers, tasked with steering customers to prudent investments, struggle to handle the Wood phenomenon. Earlier this year, Leon LaBrecque, chief growth officer for Sequoia Financial Group, said clients couldn’t stop asking about her, even as her performance was beginning to falter. “Everybody wants to be with the rock star,” he said. He bought shares of the ARK Innovation ETF and ARK Genomic Revolution ETF for his own portfolio in 2019. After driving a Tesla and becoming fascinated by the car, he loved the idea of investing in an ARK fund and capturing some of the benefits of Tesla without shouldering 100% of the risk. In some ways, Wood reminded him of Tesla’s CEO. “She’s got that Musk confidence,” LaBrecque said. “You listen to her and you go, ‘Wow. Either she’s right or she really thinks she’s right.’ ”\nBut LaBrecque sold his personal ARK positions this year, saying he’s uncertain whether the company can continue growing at the rate it did in 2020. He doesn’t recommend ARK funds to clients, though he will buy shares if they specifically request it.\nIn 2020 and early 2021, Wood and her online defenders had an easy response to detractors: Look at her record. Her 2018 prediction that Tesla would hit $4,000 a share—which much of Wall Street found laughable—came true in early 2021. When Wood first bet on Bitcoin, in 2015, the cryptocurrency traded around $230. It peaked at over $63,000 in April.\nSince then, Tesla has tumbled back below her 2018 target, which would now be $800 a share adjusted for a 5-for-1 stock split. As an unforgiving market has pushed ARK’s flagship fund down a third from its peak, the skeptics have gotten louder. They were especially vociferous in March when ARK unveiled its new price target for Tesla, a 2025 “base case” of $3,000 a share, a fivefold increase. ARK was ridiculed for, among other things, saying Tesla could elbow into the car insurance industry, building a $23 billion business in a few years—an assertion, critics said, that showed the company just didn’t understand how insurers are regulated and how much capital they require. Equally baffling to many auto experts are ARK’s projections for electric vehicles, which suppose a tenfold increase in production in just a few years, and for Tesla’s creation of an autonomous taxi network, based on a technology—driverless cars—that doesn’t really exist yet. Wood says traditional auto analysts don’t understand Tesla, which she sees as a technology company far more than a carmaker. “Tesla has pulled together the right people with the right data with the right vision,” she says.\nAs for her crypto enthusiasms, her company projects Bitcoin will become a sizable part of mainstream portfolios, including 401(k)s and pensions. In February, Wood said Bitcoin could even replace bonds in the traditional 60/40 stock-bond portfolio—in other words, investors en masse would swap the stability of bonds for a new, untested, and highly volatile asset. That seems like a stretch, even by 2021 standards.\nARK has also made some policy changes that haven’t exactly allayed concerns about Wood’s appetite for risk. It used to impose a 20% limit on the amount of a company’s shares any ARK ETF could own. It scrapped that cap in late March, giving her the flexibility to make even bolder, more concentrated bets in the future. In the same filing, ARK said it may buy into special purpose acquisition companies, or SPACs, the blank-check companies that have also become a stock market craze in the past year. The Securities and Exchange Commission has warned investors about buying shares of SPACs backed by celebrities, including professional athletes, and Wood has said some SPACs “are going to end badly.” In March, though, the ARK Autonomous Technology & Robotics ETF (ticker ARKQ) bought shares of a SPAC backed by tennis star Serena Williams that merged with 3D-printing company Velo3D Inc. to take it public.\nAs her returns dip, Wood has urged everyone to keep the faith. “I know there’s a lot of fear, uncertainty, and doubt evolving in the world out there,” she said in a video posted on a Friday after a particularly brutal week for her funds. Look on the bright side, she told her investors. Lower stock prices now mean even bigger returns later for companies like Tesla with—another favorite phrase—“exponential growth opportunities.”On Bloomberg TV, she said: “We keep our eye on the prize.”\nWood may survive being wrong about the little things if she’s right about the big stuff. She and her clients may still make money if we really are at the beginning of a new economy that looks nothing like our pre-pandemic reality. With fears of inflation running rampant, she predicts the opposite, a sort of golden age for companies, workers, and investors. The economy can grow rapidly without triggering inflation, according to Wood, because these new technologies—batteries, DNA sequencing, robots, and others, all plunging in price—can make companies and workers so much more efficient.\nAn economy transforming this rapidly will have plenty of victims. An ARK“ Bad Ideas” report published in October listed several: physical stores and bank branches, linear TV, freight rail and other forms of traditional transportation. Almost half of the S&P 500 is threatened, Wood has said. The hardest hit will be those who spent the past decade juicing earnings rather than investing in the future. “The other side of disruptive innovation is creative destruction.”\nWorkers don’t face the same threat, says Wood, who has predicted a coming labor shortage. Technology will create vast categories of jobs that “we cannot imagine today,” she has said. Meanwhile, people will outsource tasks such as driving, grocery shopping, and food preparation to others, both robotic and human. “The more repetitive jobs are going to succumb to mechanization, and the more interesting jobs will go to human beings who will be helped by robots.”\nEven assuming the future she envisions does come true, she also has to be right on the timing. Epic breakthroughs can be costly and slow to deploy in the real world. “This is something that plays out over a period of decades, not months or years,” says Erik Brynjolfsson, a Stanford professor specializing in technological change. For example, it took a generation after the invention of electric motors before they became incorporated in assembly lines. And with any technological change, “it’s a lot easier to identify the companies that are vulnerable than the companies that are going to come out ahead,” Brynjolfsson says. “The winners, a lot of them, are going to come out of left field.” Meanwhile, history is full of hot investors whose luck eventually ran out.\nTo make money on the “five-year time horizon” that she mentions at every opportunity, Wood must somehow glean what technologies, supply chains, regulations, competitive dynamics, and the broader economy will look like years into the future. But operating in the future has its advantages. Hope springs eternal. No matter what’s happening in the present—a global pandemic, for example—there’s always five years from now. Listening to her, it’s clear that technological change represents something more to Wood than an investment strategy. It’s an open question whether making money is even her primary goal. ARK, especially given its substantial startup costs, has not made her fabulously wealthy, certainly not at the scale of billionaire hedge fund managers who are far less famous.\nThe dawning of a high-tech future is central to Wood’s life philosophy, closely connected to her religious and political views. In starting ARK, her goal was “encouraging the new creation, God’s new creation,” she said on a Christian podcast last year, by investing in “transformative technologies that were going to change the world.” The triumph of innovation also fits well with her free-market views. To a younger generation tempted by socialism, she’s hoping to show that capitalism can still work its magic.\nAs stocks dropped and Bitcoin suffered a 30% crash on the morning of May 19, its worst decline in seven years, Wood said it “pains me more than anything” to think clients might be panicking and selling at the wrong time. Even when her funds were doing well, she said at a recent Bloomberg Businessweek event, she had tried to “stay humble,” warning colleagues that a severe correction might be ahead. Now that it had arrived, “we’re looking at this and saying innovation is on sale,” she said. “I know it’s been hard for our clients in recent months. Keep the faith.” She still expected the stocks in her portfolios to more than triple in the next five years, she assured viewers. And Bitcoin, which almost fell to $30,000 that morning? She still believed her favorite cryptocurrency could someday hit $500,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138263063,"gmtCreate":1621943899652,"gmtModify":1704364853320,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","listText":"[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","text":"[What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/138263063","repostId":"1184180798","repostType":4,"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131658412,"gmtCreate":1621858193536,"gmtModify":1704363373045,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/131658412","repostId":"1146017349","repostType":4,"repost":{"id":"1146017349","kind":"news","pubTimestamp":1621843320,"share":"https://ttm.financial/m/news/1146017349?lang=&edition=fundamental","pubTime":"2021-05-24 16:02","market":"us","language":"en","title":"ZipRecruiter Is Going Public This Month. What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1146017349","media":"Barrons","summary":"ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The o","content":"<p>ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.</p><p>The online employment marketplace said it would make its debut on the New York Stock Exchange “on or about May 26, 2021,” a prospectus said. It will trade under the symbol ZIP.</p><p>ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of Class A common stock for resale, according to the document.</p><p>ZipRecruiter will be the third company this year to use a direct listing to go public:Coinbase(ticker: COIN), a cryptocurrency exchange, used the method&nbsp;to list its shares in April on the Nasdaq, after the gaming platform&nbsp;Roblox(RBLX) did so for its March&nbsp;debut on the NYSE. (Squarespace, a website design company,has also filed to go public&nbsp;via a direct listing on the NYSE, but has yet to set a trading date.)</p><p>Companies mainly use direct listings because they’re cheaper than traditional IPOs and allow shareholders to sell their stock to the public without intermediaries. In a traditional IPO, a company sells shares and uses an investment bank or banks to underwrite the deals. But in a direct listing, a bank or banks typically work as financial advisors for the company going public.</p><p>ZipRecruiter has lined up six investment banks—Goldman Sachs(GS),JPMorgan Chase(JPM), Barclays Capital,Evercore Group(EVR), William Blair and Raymond James—to advise on the upcoming offering. However, only Goldman and&nbsp;JPMorgan Chase&nbsp;will consult with a&nbsp;designated market maker to set ZipRecruiter’s opening price.</p><p>Direct listings typically do not include lockups, which prevent shareholders from selling for a certain period of time. ZipRecruiter stockholders, similarly, will be able to selltheir shares as soon as the company lists later this month.</p><p>In a traditional IPO, a company will have a roadshow where the management team&nbsp;makes presentations to institutional investors&nbsp;to create interest in the stock. Direct listings have replaced the roadshow with the investor day, when investors typically learn about a company going public via a webcast meeting. ZipRecruiter is&nbsp;hosting its investor day&nbsp;on May 10.</p><p>Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee while&nbsp;110 million jobseekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3% to $418 million in 2020, the prospectus said.</p><p>ZipRecruiter has raised $219 million in funding, according to&nbsp;Crunchbase. This includes&nbsp;a $156 million round in 2018&nbsp;co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.</p><p>Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million Class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million Class A shares.</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>ZipRecruiter Is Going Public This Month. What to Know.</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\">\nZipRecruiter Is Going Public This Month. What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 16:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The online employment marketplace said it would make its debut on the New York Stock Exchange “on or ...</p>\n\n<a href=\"https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZIP":"ZipRecruiter Inc."},"source_url":"https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146017349","content_text":"ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The online employment marketplace said it would make its debut on the New York Stock Exchange “on or about May 26, 2021,” a prospectus said. It will trade under the symbol ZIP.ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of Class A common stock for resale, according to the document.ZipRecruiter will be the third company this year to use a direct listing to go public:Coinbase(ticker: COIN), a cryptocurrency exchange, used the method to list its shares in April on the Nasdaq, after the gaming platform Roblox(RBLX) did so for its March debut on the NYSE. (Squarespace, a website design company,has also filed to go public via a direct listing on the NYSE, but has yet to set a trading date.)Companies mainly use direct listings because they’re cheaper than traditional IPOs and allow shareholders to sell their stock to the public without intermediaries. In a traditional IPO, a company sells shares and uses an investment bank or banks to underwrite the deals. But in a direct listing, a bank or banks typically work as financial advisors for the company going public.ZipRecruiter has lined up six investment banks—Goldman Sachs(GS),JPMorgan Chase(JPM), Barclays Capital,Evercore Group(EVR), William Blair and Raymond James—to advise on the upcoming offering. However, only Goldman and JPMorgan Chase will consult with a designated market maker to set ZipRecruiter’s opening price.Direct listings typically do not include lockups, which prevent shareholders from selling for a certain period of time. ZipRecruiter stockholders, similarly, will be able to selltheir shares as soon as the company lists later this month.In a traditional IPO, a company will have a roadshow where the management team makes presentations to institutional investors to create interest in the stock. Direct listings have replaced the roadshow with the investor day, when investors typically learn about a company going public via a webcast meeting. ZipRecruiter is hosting its investor day on May 10.Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee while 110 million jobseekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3% to $418 million in 2020, the prospectus said.ZipRecruiter has raised $219 million in funding, according to Crunchbase. This includes a $156 million round in 2018 co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million Class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million Class A shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133485782,"gmtCreate":1621783424246,"gmtModify":1704362378870,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Sly]&nbsp;[Sly]&nbsp;[Sly]&nbsp;[Sly]&nbsp;[Sly]&nbsp;","listText":"[Sly]&nbsp;[Sly]&nbsp;[Sly]&nbsp;[Sly]&nbsp;[Sly]&nbsp;","text":"[Sly] [Sly] [Sly] [Sly] [Sly]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/133485782","repostId":"1104206984","repostType":4,"repost":{"id":"1104206984","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621602307,"share":"https://ttm.financial/m/news/1104206984?lang=&edition=fundamental","pubTime":"2021-05-21 21:05","market":"us","language":"en","title":"Nvidia announces four-for-one stock split","url":"https://stock-news.laohu8.com/highlight/detail?id=1104206984","media":"Tiger Newspress","summary":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtu","content":"<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><b>About NVIDIA</b></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</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>Nvidia announces four-for-one stock split</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\">\nNvidia announces four-for-one stock split\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-21 21:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><b>About NVIDIA</b></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104206984","content_text":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.About NVIDIANVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133087655,"gmtCreate":1621669547077,"gmtModify":1704361312677,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/133087655","repostId":"2137990425","repostType":4,"repost":{"id":"2137990425","kind":"highlight","pubTimestamp":1621610466,"share":"https://ttm.financial/m/news/2137990425?lang=&edition=fundamental","pubTime":"2021-05-21 23:21","market":"us","language":"en","title":"Tech Stock Crash -- Buy These 2 Growth Stocks on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2137990425","media":"Motley Fool","summary":"Tech stocks have taken a hit. Now looks like a good time to buy a few growth stocks with great potential.","content":"<p>If you're a tech investor, you've probably seen some red in your portfolio recently. Fears over inflation have sparked a sell-off, dragging many growth stocks down in the process. Of course, it's natural to panic, but that's not very productive.</p>\n<p>Instead, think of this as a buying opportunity. For instance, <b>Cloudflare</b> (NYSE:NET) and <b>Shopify</b> (NYSE:SHOP) have each fallen over 20% from their 52-week highs, but both look like good long-term investments. Here's why you should consider buying these two growth stocks on the dip.</p>\n<h2>1. Cloudflare: Cloud computing</h2>\n<p>Cloudflare is a cloud services provider that makes the internet faster, more reliable, and more secure. Its global network spans 200 cities, and supports nearly 17%&nbsp;of the internet as of April 2021, according to W3Techs. Those are incredible statistics, but they mean more in context. So let's look at a recent product launch.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e55778fa4732da24b1a14ed4fcaafa2\" tg-width=\"700\" tg-height=\"478\"><span>Image source: Getty Images.</span></p>\n<p>Traditionally, corporations have taken a castle-and-moat approach&nbsp;to networks: All resources were stored on-site, all employees worked in the office, and all incoming and outgoing connections were filtered through central hardware (e.g. firewall boxes, internet gateways). But this model is no longer efficient or effective, since more employees are working remotely and more enterprises rely on cloud computing.</p>\n<p>In 2020, Cloudflare launched Cloudflare for Teams to solve this problem. This product is built around Cloudflare Access and Cloudflare Gateway, enabling employees to securely access corporate resources and the open internet whether they are in the office or working remotely.</p>\n<p>Moreover, Cloudflare's global network offers performance at a scale that would be impossible for most enterprises to achieve on their own. It also eliminates the need for costly on-site hardware. Put another way, Cloudflare for Teams is faster and cheaper than legacy network security solutions.</p>\n<p>Beyond this example, Cloudflare offers a range of other products -- everything from serverless computing to streaming video platforms -- all of which are designed to enhance performance and security.</p>\n<p>In total, management believes the company's market opportunity will grow at 9% per year, rising from $72 billion in 2020 to $100 billion by 2024. But Cloudflare's revenue is growing <i>much</i> faster, meaning the company is gaining market share.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>2017</p></th>\n   <th><p>Q1 2021 (TTM)</p></th>\n   <th><p>CAGR</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td width=\"156\"><p>Customers</p></td>\n   <td width=\"156\"><p>49,309</p></td>\n   <td width=\"156\"><p>119,206</p></td>\n   <td width=\"156\"><p>31%</p></td>\n  </tr>\n  <tr>\n   <td width=\"156\"><p>Revenue</p></td>\n   <td width=\"156\"><p>$135 million</p></td>\n   <td width=\"156\"><p>$478 million</p></td>\n   <td width=\"156\"><p>48%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Cloudflare&nbsp;SEC filings. TTM = trailing-12-months. CAGR = compound annual growth rate.</p>\n<p>Going forward, investors should pay attention to Cloudflare's ability to maintain its momentum. The company faces competition from legacy providers like <b>Akamai</b>&nbsp;and public cloud titans like <b>Amazon</b> Web Services. However, Cloudflare is currently growing more quickly than both. That's why this growth stock is a buy for long-term investors.</p>\n<h2>2. Shopify: E-commerce</h2>\n<p>Creating an e-commerce website is complicated, especially if you're not a software developer. And managing a business is even more complicated since you need a way to process payments, manage inventory, fulfill and ship orders, and run ad campaigns.</p>\n<p>Shopify removes all of this complexity, simplifying commerce. Using its&nbsp;software-as-a-service (SaaS) platform, anyone can easily build an online storefront and manage a business across physical and digital locations.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ff4a35f99c16648b52d7b3f448eb34e1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Shopify.</span></p>\n<p>Not surprisingly, Shopify's business has grown at an incredible pace as e-commerce has gained traction around the world. In 2016 the company had 377,500&nbsp;customers, but that figure double by 2018&nbsp;and doubled again by 2020, reaching 1.7 million.</p>\n<p>At the same time, Shopify has seen strong adoption of its payment processing and shipping services. In 2016 Shopify Payments handled 39% of gross merchandise volume&nbsp;(GMV), but that figure hit 45% in 2020. Likewise, less than 40% of U.S. and Canadian merchants&nbsp;used Shopify Shipping in 2018, but that figure hit 52% in 2020.</p>\n<p>Here's the takeaway: Shopify's quickly growing customer base has powered soaring subscription sales, but increasing adoption of Shopify Payments and Shopify Shipping has driven even faster sales growth in merchant solutions.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Shopify Revenue</p></th>\n   <th><p>2016</p></th>\n   <th><p>2020</p></th>\n   <th><p>CAGR</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td width=\"156\"><p>Subscription</p></td>\n   <td width=\"156\"><p>$188.6 million</p></td>\n   <td width=\"156\"><p>$908.8 million</p></td>\n   <td width=\"156\"><p>48%</p></td>\n  </tr>\n  <tr>\n   <td width=\"156\"><p>Merchant Solutions</p></td>\n   <td width=\"156\"><p>$200.7 million</p></td>\n   <td width=\"156\"><p>$2.0 billion</p></td>\n   <td width=\"156\"><p>78%</p></td>\n  </tr>\n  <tr>\n   <td width=\"156\"><p>Total</p></td>\n   <td width=\"156\"><p>$389.3 million</p></td>\n   <td width=\"156\"><p>$2.9 billion</p></td>\n   <td width=\"156\"><p>66%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Shopify&nbsp;SEC filings. CAGR = compound annual growth rate.</p>\n<p>In Q1 2021, Shopify's business continued to gain speed. Subscription sales growth accelerated to 71% and merchant solutions sales growth accelerated to 137%. In total, Q1 revenue came in at $989 million -- more than double its full-year revenue in 2016.</p>\n<p>This supercharged financial performance can't last forever, but even as growth slows, I believe Shopify will be an important player in the e-commerce industry for decades to come. That's why this tech stock looks like a buy.</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>Tech Stock Crash -- Buy These 2 Growth Stocks on the Dip</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\">\nTech Stock Crash -- Buy These 2 Growth Stocks on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/tech-stock-crash-buy-these-2-growth-stocks-on-dip/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you're a tech investor, you've probably seen some red in your portfolio recently. Fears over inflation have sparked a sell-off, dragging many growth stocks down in the process. Of course, it's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/tech-stock-crash-buy-these-2-growth-stocks-on-dip/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","NET":"Cloudflare, Inc."},"source_url":"https://www.fool.com/investing/2021/05/21/tech-stock-crash-buy-these-2-growth-stocks-on-dip/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137990425","content_text":"If you're a tech investor, you've probably seen some red in your portfolio recently. Fears over inflation have sparked a sell-off, dragging many growth stocks down in the process. Of course, it's natural to panic, but that's not very productive.\nInstead, think of this as a buying opportunity. For instance, Cloudflare (NYSE:NET) and Shopify (NYSE:SHOP) have each fallen over 20% from their 52-week highs, but both look like good long-term investments. Here's why you should consider buying these two growth stocks on the dip.\n1. Cloudflare: Cloud computing\nCloudflare is a cloud services provider that makes the internet faster, more reliable, and more secure. Its global network spans 200 cities, and supports nearly 17% of the internet as of April 2021, according to W3Techs. Those are incredible statistics, but they mean more in context. So let's look at a recent product launch.\nImage source: Getty Images.\nTraditionally, corporations have taken a castle-and-moat approach to networks: All resources were stored on-site, all employees worked in the office, and all incoming and outgoing connections were filtered through central hardware (e.g. firewall boxes, internet gateways). But this model is no longer efficient or effective, since more employees are working remotely and more enterprises rely on cloud computing.\nIn 2020, Cloudflare launched Cloudflare for Teams to solve this problem. This product is built around Cloudflare Access and Cloudflare Gateway, enabling employees to securely access corporate resources and the open internet whether they are in the office or working remotely.\nMoreover, Cloudflare's global network offers performance at a scale that would be impossible for most enterprises to achieve on their own. It also eliminates the need for costly on-site hardware. Put another way, Cloudflare for Teams is faster and cheaper than legacy network security solutions.\nBeyond this example, Cloudflare offers a range of other products -- everything from serverless computing to streaming video platforms -- all of which are designed to enhance performance and security.\nIn total, management believes the company's market opportunity will grow at 9% per year, rising from $72 billion in 2020 to $100 billion by 2024. But Cloudflare's revenue is growing much faster, meaning the company is gaining market share.\n\n\n\nMetric\n2017\nQ1 2021 (TTM)\nCAGR\n\n\n\n\nCustomers\n49,309\n119,206\n31%\n\n\nRevenue\n$135 million\n$478 million\n48%\n\n\n\nData source: Cloudflare SEC filings. TTM = trailing-12-months. CAGR = compound annual growth rate.\nGoing forward, investors should pay attention to Cloudflare's ability to maintain its momentum. The company faces competition from legacy providers like Akamai and public cloud titans like Amazon Web Services. However, Cloudflare is currently growing more quickly than both. That's why this growth stock is a buy for long-term investors.\n2. Shopify: E-commerce\nCreating an e-commerce website is complicated, especially if you're not a software developer. And managing a business is even more complicated since you need a way to process payments, manage inventory, fulfill and ship orders, and run ad campaigns.\nShopify removes all of this complexity, simplifying commerce. Using its software-as-a-service (SaaS) platform, anyone can easily build an online storefront and manage a business across physical and digital locations.\nImage source: Shopify.\nNot surprisingly, Shopify's business has grown at an incredible pace as e-commerce has gained traction around the world. In 2016 the company had 377,500 customers, but that figure double by 2018 and doubled again by 2020, reaching 1.7 million.\nAt the same time, Shopify has seen strong adoption of its payment processing and shipping services. In 2016 Shopify Payments handled 39% of gross merchandise volume (GMV), but that figure hit 45% in 2020. Likewise, less than 40% of U.S. and Canadian merchants used Shopify Shipping in 2018, but that figure hit 52% in 2020.\nHere's the takeaway: Shopify's quickly growing customer base has powered soaring subscription sales, but increasing adoption of Shopify Payments and Shopify Shipping has driven even faster sales growth in merchant solutions.\n\n\n\nShopify Revenue\n2016\n2020\nCAGR\n\n\n\n\nSubscription\n$188.6 million\n$908.8 million\n48%\n\n\nMerchant Solutions\n$200.7 million\n$2.0 billion\n78%\n\n\nTotal\n$389.3 million\n$2.9 billion\n66%\n\n\n\nData source: Shopify SEC filings. CAGR = compound annual growth rate.\nIn Q1 2021, Shopify's business continued to gain speed. Subscription sales growth accelerated to 71% and merchant solutions sales growth accelerated to 137%. In total, Q1 revenue came in at $989 million -- more than double its full-year revenue in 2016.\nThis supercharged financial performance can't last forever, but even as growth slows, I believe Shopify will be an important player in the e-commerce industry for decades to come. That's why this tech stock looks like a buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139352876,"gmtCreate":1621595278395,"gmtModify":1704360250782,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;","listText":"[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;","text":"[Speechless] [Speechless] [Speechless] [Speechless] [Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/139352876","repostId":"1148612426","repostType":4,"repost":{"id":"1148612426","kind":"news","pubTimestamp":1621594848,"share":"https://ttm.financial/m/news/1148612426?lang=&edition=fundamental","pubTime":"2021-05-21 19:00","market":"us","language":"en","title":"Disney: On A Pricey Stock And A Studio Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1148612426","media":"seekingalpha","summary":"Summary\n\nDisney is still an expensive stock.\nThe rebound for parks is coming, as well as the one for","content":"<p><b>Summary</b></p>\n<ul>\n <li>Disney is still an expensive stock.</li>\n <li>The rebound for parks is coming, as well as the one for the studio segment.</li>\n <li>D+ subscription numbers did disappoint, but over time, the current news won't matter.</li>\n <li>I am bullish on the premium-video-on-demand/day-and-date strategy Disney is employing for its next features (I wish the next Pixar film was using it as well).</li>\n <li>CEO Bob Chapek made an interesting observation about the strategy, relating it to \"The Mandalorian.\"</li>\n</ul>\n<p>Here's the bottom line at the top: Disney (DIS) will bounce back from the current SARS crisis as vaccinations continue; for now, though, the stock continues to rate as expensive.</p>\n<p>It's a weird position to be in, for sure: the parks are once again open, as mentioned in the recentearnings report, the movie business is rebooting, and Covid-19 cases seem to be heading in the right direction (although I continue to be cautious vis a vis the variants and their potential impact).</p>\n<p>However, the exuberance afforded the D+ streaming service caused the stock to get ahead of itself. Disney, to me, is a core holding considering that the company owns Pixar, Marvel, etc. Nevertheless, I'd be remiss if I didn't point out some of the valuation concerns. I also want to emphasize that I am bullish on the shares for the long term.</p>\n<p>I wanted to get that upfront before I take a brief look at the company's current status. The parks tend to get the most attention these days (for obvious reasons) after direct-to-consumer, but I will focus in on theatrical distribution, as I think that will be key toward bringing attention to both the Disney brand generally and the streaming service specifically.</p>\n<p><b>Disappointing Streaming Numbers...?</b></p>\n<p>First, though, I want to highlight thesubscriber countfor D+. That came in at 103.6 million users versus an expectation of 109.3 million. Over the long term, this current discrepancy will be meaningless. And, in fact, those looking to get the company on the lower end of its 52-week range should root for Wall Street to become even more bearish on the stat over the next several weeks. (I don't think we'll see the actual low, though.)</p>\n<p>However, I do have to admit that I was surprised by this stat as well. I'm not sure I necessarily had a specific subscriber-count in mind, but on reflection, I suppose if someone had asked me, I would have considered a number between 110 million and 115 million. Near the first week of March, the company announced it had reached100 millionsubscribers. Given the momentum behind D+ signups and its popular content, as well as the natural marketing buzz implied by the 100-million level, it just feels correct to have assumed a higher amount. Nevertheless, according to theearnings-call transcriptand comments from CEO Bob Chapek, the company is still on a proper trajectory to reach between 230 million and 260 million subscribers by 2024. Intuitively, one would assume there is the possibility that a new range beginning with 260 million will eventually be projected, unless the benefit from the pandemic effect truly is beginning to fade. Overall, I'm willing to put this expectation-miss in the rearview mirror.</p>\n<p><b>Disney's Studio Segment Will Return Strong</b></p>\n<p>The great thing about the studio segment is that, even with the multiplex industry at a standstill, it was able to weather the storm fine enough, in part, because of the absence of marketing costs (which causes me to point out yet again that studio execs really need to focus some time on this and find opportunities where inexpensive selling campaigns can be substituted for the more expensive variety). Operating income for the new reporting division called Disney Media and Entertainment Distribution, which includes movie-studio activities as well as all the rest of the content ecosystem, was up well over 70% to just under $2.9 billion. For the six-month frame, the gain in income was 38% to $4.3 billion. Obviously, it wasn't all about the marketing costs, but nevertheless, when you compare it to the tough comps at the parks segment, you begin to appreciate the diversity of the company. We now know how good an anchor business the studio can be.</p>\n<p>And that business is about to become stronger relative to the status quo because theaters are readying for the next level of reopening. AT&amp;T's (T)<i>Godzilla vs. Kong</i>has brought in over $400 million across global screens. Disney has a few potential hits the next few months with<i>Cruella</i>,<i>Black Widow</i>, and<i>Jungle Cruise</i>. It also will get a new round of valuable data with the day-and-date release strategy being used since the films will also be available on D+ for a price of $30; this gives consumers who don't want to chance a run-in with SARS variants at auditoriums the option of paying a premium to stay home and take in the moving pictures. Hopefully execs will see fit to share some of the results where it concerns the premium-video-on-demand revenues, especially for<i>Widow</i>, which will represent a great experiment to see how a true tentpole performs under hybrid-release conditions.</p>\n<p>Covering another angle, I think Disney may be making a mistake by placing the next Pixar project,<i>Luca</i>, on D+ sans the premium fee. I am curious how that would have performed with the $30 price tag. Obviously Disney has more data than I do, but I would have assumed this to be another great test that the company may not have another chance at in the near future. The service clearly benefited from the early debut of Pixar cartoons, but Disney should have perhaps attempted to do at least a hybrid release, or a near day-and-date release (i.e., maybe go to D+ a month after theatrical debut), and then see how domestic-multiplex audiences reacted to the placement. One of the previous Pixar stories,<i>Onward</i>, was released in February of last year, only to hit digital-transactional sales a month later, and then D+ two weeks after that;<i>Soul</i>, you'll recall, premiered on the platform during the Christmas holiday, with no domestic-theatrical release. The<i>Luca</i>strategy makes me wonder if the company is seeking a new catalytic engine for the next round of subscriber growth. Even more odd, you will recall that<i>Hamilton</i>and<i>Artemis Fowl</i>also debuted on the service without any paywall. While one could make an argument that those two projects were more logically distributed, the thing about a Pixar feature is the assumed premium the market is willing to pay for it. Perhaps that premium is more narrow in breadth than a Marvel extravaganza. Like I say, Disney may be simply reading the data and acting accordingly, but it makes me extremely curious nevertheless.</p>\n<p>Content, of course, will ultimately drive subscriptions, and volume is important. Management clearly recognizes this given the packed schedule of shows and films to be released on D+ over the next few years. I think the company will also create more promotional features for upcoming films as a cheap way of increasing the volume of content. This will increase the synergy between studio and streamer and will potentially positively impact the high cost of marketing campaigns. Disney probably has only scratched the surface when it comes to using its direct-to-consumer services for cross-promotion, so it'll be something to watch in the coming years as these services expand in importance to the company.</p>\n<p>Chapek also mentioned a very interesting point when asked about the company's decision to release<i>Widow</i>to D+ for a fee and in theaters at the same time. The analyst, Brett Feldman of Goldman Sachs, wondered if there should be at least a little exclusivity to the debut in theaters. Chapek cited a notable observation having to do with<i>The Mandalorian</i>: he said that the company was quite pleased with merchandise sales off a series that never had a theatrical release. He seems to be implying that a<i>Star-Wars</i>-branded episodic asset, one that is nonetheless cinematic in nature and full of great production value, can provide ample ancillary effects for the company in a similar manner to a theatrical release - thus, something like<i>Widow</i>, which would have previously been under a distribution-window strategy, can still provide value for the company's other assets even if some ticket sales are swapped for subscription signups, and by proxy, should maximize revenue by presenting optionality to the consumer. I tend to agree with this and believe the company will look to experiment further with day-and-date (or near day-and-date) strategies into the future.</p>\n<p><b>Valuation/Conclusion</b></p>\n<p>There's no question Disney is going to capture a lot of the potential economic demand built up by the pandemic. Parks and movies will see to that. Over the longer term, this stock will do well.</p>\n<p>But, just on the basis of current stock valuation, I continue to see this as an expensive float. SA'svaluationreport basically tells the tale. As an example, the adjusted P/E on a forward basis is over 70 at the time of this writing, multiple times the sector median.</p>\n<p>Yes, Disney's business model will bounce back strong, but I'm currently not adding to my position. I want to see more of a drop first as I still find the stock a bit rich in terms of valuation.</p>\n<p>Disney turned out to be a complicated situation during the pandemic: the market continued to bid the stock higher and may have gotten ahead of itself. Usually I'm for dollar-cost-averaging this name, especially for individuals who are in the early stages of investing, and certainly that approach can be taken depending on one's situation and time horizon. But for now, I've been adding to other names while holding on to my long-term position and watching the tape.</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>Disney: On A Pricey Stock And A Studio Comeback</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\">\nDisney: On A Pricey Stock And A Studio Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4430391-disney-on-a-pricey-stock-and-studio-comeback><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDisney is still an expensive stock.\nThe rebound for parks is coming, as well as the one for the studio segment.\nD+ subscription numbers did disappoint, but over time, the current news won't ...</p>\n\n<a href=\"https://seekingalpha.com/article/4430391-disney-on-a-pricey-stock-and-studio-comeback\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4430391-disney-on-a-pricey-stock-and-studio-comeback","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1148612426","content_text":"Summary\n\nDisney is still an expensive stock.\nThe rebound for parks is coming, as well as the one for the studio segment.\nD+ subscription numbers did disappoint, but over time, the current news won't matter.\nI am bullish on the premium-video-on-demand/day-and-date strategy Disney is employing for its next features (I wish the next Pixar film was using it as well).\nCEO Bob Chapek made an interesting observation about the strategy, relating it to \"The Mandalorian.\"\n\nHere's the bottom line at the top: Disney (DIS) will bounce back from the current SARS crisis as vaccinations continue; for now, though, the stock continues to rate as expensive.\nIt's a weird position to be in, for sure: the parks are once again open, as mentioned in the recentearnings report, the movie business is rebooting, and Covid-19 cases seem to be heading in the right direction (although I continue to be cautious vis a vis the variants and their potential impact).\nHowever, the exuberance afforded the D+ streaming service caused the stock to get ahead of itself. Disney, to me, is a core holding considering that the company owns Pixar, Marvel, etc. Nevertheless, I'd be remiss if I didn't point out some of the valuation concerns. I also want to emphasize that I am bullish on the shares for the long term.\nI wanted to get that upfront before I take a brief look at the company's current status. The parks tend to get the most attention these days (for obvious reasons) after direct-to-consumer, but I will focus in on theatrical distribution, as I think that will be key toward bringing attention to both the Disney brand generally and the streaming service specifically.\nDisappointing Streaming Numbers...?\nFirst, though, I want to highlight thesubscriber countfor D+. That came in at 103.6 million users versus an expectation of 109.3 million. Over the long term, this current discrepancy will be meaningless. And, in fact, those looking to get the company on the lower end of its 52-week range should root for Wall Street to become even more bearish on the stat over the next several weeks. (I don't think we'll see the actual low, though.)\nHowever, I do have to admit that I was surprised by this stat as well. I'm not sure I necessarily had a specific subscriber-count in mind, but on reflection, I suppose if someone had asked me, I would have considered a number between 110 million and 115 million. Near the first week of March, the company announced it had reached100 millionsubscribers. Given the momentum behind D+ signups and its popular content, as well as the natural marketing buzz implied by the 100-million level, it just feels correct to have assumed a higher amount. Nevertheless, according to theearnings-call transcriptand comments from CEO Bob Chapek, the company is still on a proper trajectory to reach between 230 million and 260 million subscribers by 2024. Intuitively, one would assume there is the possibility that a new range beginning with 260 million will eventually be projected, unless the benefit from the pandemic effect truly is beginning to fade. Overall, I'm willing to put this expectation-miss in the rearview mirror.\nDisney's Studio Segment Will Return Strong\nThe great thing about the studio segment is that, even with the multiplex industry at a standstill, it was able to weather the storm fine enough, in part, because of the absence of marketing costs (which causes me to point out yet again that studio execs really need to focus some time on this and find opportunities where inexpensive selling campaigns can be substituted for the more expensive variety). Operating income for the new reporting division called Disney Media and Entertainment Distribution, which includes movie-studio activities as well as all the rest of the content ecosystem, was up well over 70% to just under $2.9 billion. For the six-month frame, the gain in income was 38% to $4.3 billion. Obviously, it wasn't all about the marketing costs, but nevertheless, when you compare it to the tough comps at the parks segment, you begin to appreciate the diversity of the company. We now know how good an anchor business the studio can be.\nAnd that business is about to become stronger relative to the status quo because theaters are readying for the next level of reopening. AT&T's (T)Godzilla vs. Konghas brought in over $400 million across global screens. Disney has a few potential hits the next few months withCruella,Black Widow, andJungle Cruise. It also will get a new round of valuable data with the day-and-date release strategy being used since the films will also be available on D+ for a price of $30; this gives consumers who don't want to chance a run-in with SARS variants at auditoriums the option of paying a premium to stay home and take in the moving pictures. Hopefully execs will see fit to share some of the results where it concerns the premium-video-on-demand revenues, especially forWidow, which will represent a great experiment to see how a true tentpole performs under hybrid-release conditions.\nCovering another angle, I think Disney may be making a mistake by placing the next Pixar project,Luca, on D+ sans the premium fee. I am curious how that would have performed with the $30 price tag. Obviously Disney has more data than I do, but I would have assumed this to be another great test that the company may not have another chance at in the near future. The service clearly benefited from the early debut of Pixar cartoons, but Disney should have perhaps attempted to do at least a hybrid release, or a near day-and-date release (i.e., maybe go to D+ a month after theatrical debut), and then see how domestic-multiplex audiences reacted to the placement. One of the previous Pixar stories,Onward, was released in February of last year, only to hit digital-transactional sales a month later, and then D+ two weeks after that;Soul, you'll recall, premiered on the platform during the Christmas holiday, with no domestic-theatrical release. TheLucastrategy makes me wonder if the company is seeking a new catalytic engine for the next round of subscriber growth. Even more odd, you will recall thatHamiltonandArtemis Fowlalso debuted on the service without any paywall. While one could make an argument that those two projects were more logically distributed, the thing about a Pixar feature is the assumed premium the market is willing to pay for it. Perhaps that premium is more narrow in breadth than a Marvel extravaganza. Like I say, Disney may be simply reading the data and acting accordingly, but it makes me extremely curious nevertheless.\nContent, of course, will ultimately drive subscriptions, and volume is important. Management clearly recognizes this given the packed schedule of shows and films to be released on D+ over the next few years. I think the company will also create more promotional features for upcoming films as a cheap way of increasing the volume of content. This will increase the synergy between studio and streamer and will potentially positively impact the high cost of marketing campaigns. Disney probably has only scratched the surface when it comes to using its direct-to-consumer services for cross-promotion, so it'll be something to watch in the coming years as these services expand in importance to the company.\nChapek also mentioned a very interesting point when asked about the company's decision to releaseWidowto D+ for a fee and in theaters at the same time. The analyst, Brett Feldman of Goldman Sachs, wondered if there should be at least a little exclusivity to the debut in theaters. Chapek cited a notable observation having to do withThe Mandalorian: he said that the company was quite pleased with merchandise sales off a series that never had a theatrical release. He seems to be implying that aStar-Wars-branded episodic asset, one that is nonetheless cinematic in nature and full of great production value, can provide ample ancillary effects for the company in a similar manner to a theatrical release - thus, something likeWidow, which would have previously been under a distribution-window strategy, can still provide value for the company's other assets even if some ticket sales are swapped for subscription signups, and by proxy, should maximize revenue by presenting optionality to the consumer. I tend to agree with this and believe the company will look to experiment further with day-and-date (or near day-and-date) strategies into the future.\nValuation/Conclusion\nThere's no question Disney is going to capture a lot of the potential economic demand built up by the pandemic. Parks and movies will see to that. Over the longer term, this stock will do well.\nBut, just on the basis of current stock valuation, I continue to see this as an expensive float. SA'svaluationreport basically tells the tale. As an example, the adjusted P/E on a forward basis is over 70 at the time of this writing, multiple times the sector median.\nYes, Disney's business model will bounce back strong, but I'm currently not adding to my position. I want to see more of a drop first as I still find the stock a bit rich in terms of valuation.\nDisney turned out to be a complicated situation during the pandemic: the market continued to bid the stock higher and may have gotten ahead of itself. Usually I'm for dollar-cost-averaging this name, especially for individuals who are in the early stages of investing, and certainly that approach can be taken depending on one's situation and time horizon. But for now, I've been adding to other names while holding on to my long-term position and watching the tape.","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130381835,"gmtCreate":1621513000027,"gmtModify":1704358830663,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"?????","listText":"?????","text":"?????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130381835","repostId":"1123155606","repostType":4,"repost":{"id":"1123155606","kind":"news","pubTimestamp":1621511400,"share":"https://ttm.financial/m/news/1123155606?lang=&edition=fundamental","pubTime":"2021-05-20 19:50","market":"us","language":"en","title":"Tesla could shed another $110 before it finds support, analyst warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123155606","media":"CNBC","summary":"The stock has fallen 4% since Monday, extending a sell-off that has dragged shares down nearly 40% from a high set in January. The latest sell-off is tied to the sharp drop inbitcoin– Tesla CEO Elon Musk last week said the company would reverse a decision to allow purchases made with the cryptocurrency, but since clarified it will still hold its investment in the coin.Tesla could see more pain, warned one chart watcher.“It broke below trend, and we have to remember, when we analyze stocks such a","content":"<div>\n<p>Tesla has taken another tumble this week.\nThe stock has fallen 4% since Monday, extending a sell-off that has dragged shares down nearly 40% from a high set in January. The latest sell-off is tied to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/20/tesla-stock-could-drop-another-110-before-it-finds-support-analyst.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Tesla could shed another $110 before it finds support, analyst warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla could shed another $110 before it finds support, analyst warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/20/tesla-stock-could-drop-another-110-before-it-finds-support-analyst.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla has taken another tumble this week.\nThe stock has fallen 4% since Monday, extending a sell-off that has dragged shares down nearly 40% from a high set in January. The latest sell-off is tied to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/20/tesla-stock-could-drop-another-110-before-it-finds-support-analyst.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/05/20/tesla-stock-could-drop-another-110-before-it-finds-support-analyst.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123155606","content_text":"Tesla has taken another tumble this week.\nThe stock has fallen 4% since Monday, extending a sell-off that has dragged shares down nearly 40% from a high set in January. The latest sell-off is tied to the sharp drop inbitcoin– Tesla CEO Elon Musk last week said the company would reverse a decision to allow purchases made with the cryptocurrency, but since clarified it will still hold its investment in the coin.\nTesla could see more pain, warned one chart watcher.\n“It broke below trend, and we have to remember, when we analyze stocks such as Tesla, they are prone to overreact — overreact on the upside, as well as overreact on the downside,” said JC O’Hara, chief market technician at MKM Partners.\n\n“When Tesla was in an uptrend, above its 200-day moving average, those overreactions were indeed positive and we just look back to January to see how stretched it can get. Now trends have shifted, breaking below the 200-day moving average, breaking below a long-term uptrend. So I believe the overreaction will be to the downside,” O’Hara told CNBC’s “Trading Nation” on Wednesday.\nShares have fallen 20% this year, the worst performance in the S&P 100. It has also broken below its 50-day and 200-day moving average.\n“We’re right around $550 right now, good place for a short little bounce, but I would want to see the overreaction down to $450. I think that’s the proper level to get back involved with Tesla,” he said.\nA move to $450 implies another 20% downside. It last traded at that level last November. It closed Wednesday just above $563.\nDelano Saporu, founder of New Street Advisors, says the tide has turned against all growth stocks — and Tesla is particularly susceptible as a well-known name in the group.\n“The backdrop is really against Tesla right now, for a lot of growth names, so we’re seeing the sellers come out in force. And I think the one thing that would kind of bring buyers out, especially myself, would be looking at the valuation,” Saporu said during the same interview.\nTesla trades at 109 times forward earnings, well above the 21 times forward multiple for the S&P 500.\n“We had strong earnings from Tesla and that still didn’t move the stock higher. Everything else in the backdrop is just against some of these growth names right now,” said Saporu.\nTesla reported record net income and 74% revenue growth in its March-ended quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197161599,"gmtCreate":1621434018911,"gmtModify":1704357607661,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"?????","listText":"?????","text":"?????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197161599","repostId":"1148500659","repostType":4,"repost":{"id":"1148500659","kind":"news","pubTimestamp":1621433807,"share":"https://ttm.financial/m/news/1148500659?lang=&edition=fundamental","pubTime":"2021-05-19 22:16","market":"us","language":"en","title":"Buy Apple Stock Now? 3 Important Metrics To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1148500659","media":"TheStreet","summary":"As Apple stock remains stuck near $125 apiece, might now be a good time to buy shares? The Apple Mav","content":"<p>As Apple stock remains stuck near $125 apiece, might now be a good time to buy shares? The Apple Maven looks at three key metrics that may provide a clue.</p>\n<p>Following a “mini flash crash” in the last 10 minutes of trading on Tuesday, May 18, Apple stock (ticker $AAPL) dipped by more than 1% for the day once again. This was Apple’s fifth day of losses&nbsp;in the past seven trading sessions, as share price remainsstuck at late August 2020 levels.</p>\n<p>From here, investors must be asking themselves: is this a good time to buy Apple stock? The Apple Maven believes that three key metrics may help aspiring shareholders make the best decision.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad10237664683dc4e202ae64f0c3d856\" tg-width=\"1007\" tg-height=\"470\" referrerpolicy=\"no-referrer\"><span>Figure 1: AAPL performance on May 18 session.</span></p>\n<p><b>Keep an eye on valuation</b></p>\n<p>Forward price-to-earnings, or P/E, is a popular and helpful valuation metric to track.</p>\n<p>The ratio compares the stock’s current price to the company’s expected current-year or next-year earnings per share, or EPS. It represents how many years’ worth of earnings the market is willing to pay on shares of equity. The lower the figure, the cheaper the stock, and the more appealing of a buy it is.</p>\n<p>Apple’s projected current-year EPS is $5.20, suggesting a forward P/E of exactly 24 times at the current stock price of nearly $125. This is the lowest multiple at which Apple stock has been valued compared to 30, 60, 90 days ago and this time last year. See chart below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51f2c0c8a7b3727ca797e4611a027eb8\" tg-width=\"1200\" tg-height=\"722\"><span>Figure 2: AAPL forward P/E today vs. past.</span></p>\n<p>In addition, AAPL’s P/E premium above the S&amp;P 500’s comparable ratio (orange dots above) is also currently about as low as it has been in the past 12 months: 3 turns higher than the broad market today vs. more than 7 turns one quarter ago and around 3.3 turns in May 2020.</p>\n<p>Based on P/E alone, therefore, Apple stock is looking particularly attractive at current levels compared to its own 12-month history and the S&amp;P 500.</p>\n<p><b>Updates to EPS growth</b></p>\n<p>A close cousin to P/E, another metric that could signal a buy of Apple stock is the company’s projected earnings growth trends. Compared to fiscal 2020, current year EPS growth estimates have been increasing progressively this year: 59% year-over-year today vs. 36% three months ago.</p>\n<p></p>\n<p>Some might choose to look a bit further out in the future – say, five years from now. Even so, growth rates have been trending in the right direction: currently at 13.4% annualized through fiscal 2025 vs. around 11% as of the beginning of 2021.</p>\n<p>Should earnings growth expectations continue to rise, this could be yet another indication that Apple stock might be worth owning at current prices, as the business fundamentals continue to improve.</p>\n<p><b>Will shares trend again?</b></p>\n<p>The third and final metric that might be worth monitoring are the stock’s moving averages. These are indicators that technical analysts (also known as chart readers) like to track to determine things like support, breakout patterns, etc.</p>\n<p>At a high level, the following interpretations of moving averages tend to be consensus among analysts:</p>\n<ul>\n <li>A stock that breaks through the averages on the way up is usually believed to be trending in a bullish manner. The opposite is true when share price moves below the averages.</li>\n <li>A stock that moves lower but not past the moving averages is believed to have found support.</li>\n <li>A stock that cannot move above the moving averages is believed to have met resistance.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bef78b042977e4d00cb4b406e9cb8bc\" tg-width=\"630\" tg-height=\"377\"><span>Figure 3: AAPL stock vs. 50-day and 200-day MA.</span></p>\n<p>A couple of interesting observations can be made from the chart above. First, the 50-trading day moving average served as a great buy and sell “advisor” between May 2019 and this time last year. During this period, AAPL clearly moved in trending patterns.</p>\n<p>Investors would have done well if they had paid close attention to the orange line above and:</p>\n<ol>\n <li>held Apple stock through February 2020;</li>\n <li>sold it once the share price dipped below the 50-day average, that same month;</li>\n <li>bought back once the stock breached the average on the way up, in April 2020;</li>\n <li>held again until September 2020.</li>\n</ol>\n<p>But after the third quarter of 2020, Apple stock seems to have traded sideways and choppily, except for a brief bullish period between November and January. Now, shares trade very much at the conversion point between the 50-day and the 200-day moving averages. Will the stock break out in either direction, finally catching another wave higher (or lower)?</p>\n<p>Also pay attention to the grey line above. Notice that Apple stock price has bounced off the 200-day moving average consistently over the past two years. Now seems to be another pivotal point: will shares find support at the 200-day mark once again?</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>Buy Apple Stock Now? 3 Important Metrics 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\">\nBuy Apple Stock Now? 3 Important Metrics To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/buy-apple-stock-now-3-important-metrics-to-watch><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As Apple stock remains stuck near $125 apiece, might now be a good time to buy shares? The Apple Maven looks at three key metrics that may provide a clue.\nFollowing a “mini flash crash” in the last 10...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/buy-apple-stock-now-3-important-metrics-to-watch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/buy-apple-stock-now-3-important-metrics-to-watch","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148500659","content_text":"As Apple stock remains stuck near $125 apiece, might now be a good time to buy shares? The Apple Maven looks at three key metrics that may provide a clue.\nFollowing a “mini flash crash” in the last 10 minutes of trading on Tuesday, May 18, Apple stock (ticker $AAPL) dipped by more than 1% for the day once again. This was Apple’s fifth day of losses in the past seven trading sessions, as share price remainsstuck at late August 2020 levels.\nFrom here, investors must be asking themselves: is this a good time to buy Apple stock? The Apple Maven believes that three key metrics may help aspiring shareholders make the best decision.\nFigure 1: AAPL performance on May 18 session.\nKeep an eye on valuation\nForward price-to-earnings, or P/E, is a popular and helpful valuation metric to track.\nThe ratio compares the stock’s current price to the company’s expected current-year or next-year earnings per share, or EPS. It represents how many years’ worth of earnings the market is willing to pay on shares of equity. The lower the figure, the cheaper the stock, and the more appealing of a buy it is.\nApple’s projected current-year EPS is $5.20, suggesting a forward P/E of exactly 24 times at the current stock price of nearly $125. This is the lowest multiple at which Apple stock has been valued compared to 30, 60, 90 days ago and this time last year. See chart below.\nFigure 2: AAPL forward P/E today vs. past.\nIn addition, AAPL’s P/E premium above the S&P 500’s comparable ratio (orange dots above) is also currently about as low as it has been in the past 12 months: 3 turns higher than the broad market today vs. more than 7 turns one quarter ago and around 3.3 turns in May 2020.\nBased on P/E alone, therefore, Apple stock is looking particularly attractive at current levels compared to its own 12-month history and the S&P 500.\nUpdates to EPS growth\nA close cousin to P/E, another metric that could signal a buy of Apple stock is the company’s projected earnings growth trends. Compared to fiscal 2020, current year EPS growth estimates have been increasing progressively this year: 59% year-over-year today vs. 36% three months ago.\n\nSome might choose to look a bit further out in the future – say, five years from now. Even so, growth rates have been trending in the right direction: currently at 13.4% annualized through fiscal 2025 vs. around 11% as of the beginning of 2021.\nShould earnings growth expectations continue to rise, this could be yet another indication that Apple stock might be worth owning at current prices, as the business fundamentals continue to improve.\nWill shares trend again?\nThe third and final metric that might be worth monitoring are the stock’s moving averages. These are indicators that technical analysts (also known as chart readers) like to track to determine things like support, breakout patterns, etc.\nAt a high level, the following interpretations of moving averages tend to be consensus among analysts:\n\nA stock that breaks through the averages on the way up is usually believed to be trending in a bullish manner. The opposite is true when share price moves below the averages.\nA stock that moves lower but not past the moving averages is believed to have found support.\nA stock that cannot move above the moving averages is believed to have met resistance.\n\nFigure 3: AAPL stock vs. 50-day and 200-day MA.\nA couple of interesting observations can be made from the chart above. First, the 50-trading day moving average served as a great buy and sell “advisor” between May 2019 and this time last year. During this period, AAPL clearly moved in trending patterns.\nInvestors would have done well if they had paid close attention to the orange line above and:\n\nheld Apple stock through February 2020;\nsold it once the share price dipped below the 50-day average, that same month;\nbought back once the stock breached the average on the way up, in April 2020;\nheld again until September 2020.\n\nBut after the third quarter of 2020, Apple stock seems to have traded sideways and choppily, except for a brief bullish period between November and January. Now, shares trade very much at the conversion point between the 50-day and the 200-day moving averages. Will the stock break out in either direction, finally catching another wave higher (or lower)?\nAlso pay attention to the grey line above. Notice that Apple stock price has bounced off the 200-day moving average consistently over the past two years. Now seems to be another pivotal point: will shares find support at the 200-day mark once again?","news_type":1},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":161351556,"gmtCreate":1623906566975,"gmtModify":1703823212617,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161351556","repostId":"2143379379","repostType":4,"repost":{"id":"2143379379","kind":"highlight","pubTimestamp":1623893744,"share":"https://ttm.financial/m/news/2143379379?lang=&edition=fundamental","pubTime":"2021-06-17 09:35","market":"us","language":"en","title":"These 10 Stocks Make Up 85% of Warren Buffett's Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2143379379","media":"Motley Fool","summary":"Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.","content":"<p>If you've ever wondered why <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!</p>\n<p>What's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.</p>\n<p>Another source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/601f21f3cc2f9e5524bd5d613063faa2\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>1. Apple: $115.6 billion</h2>\n<p>Tech kingpin <b>Apple</b> (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.</p>\n<h2>2. Bank of America: $43.2 billion</h2>\n<p>Bank stocks have long been Buffett's favorite place to put Berkshire's money work. <b>Bank of America</b> (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\"><span>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</span></p>\n<h2>3. American Express: $24.9 billion</h2>\n<p>Payment processor and lender <b>American Express</b> (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.</p>\n<h2>4. Coca-Cola: $22.5 billion</h2>\n<p>Speaking of long-tenured holdings, beverage behemoth <b>Coca-Cola</b> (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Getty Images.</span></p>\n<h2>5. Kraft Heinz: $14.1 billion</h2>\n<p>There's little question that <b>Kraft Heinz</b> (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.</p>\n<h2>6. Verizon Communications: $9.1 billion</h2>\n<p>Telecommunications giant <b>Verizon</b> (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>7. U.S. Bancorp: $8.7 billion</h2>\n<p>Next to BofA, <b>U.S. Bancorp</b> (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.</p>\n<h2>8. Moody's: $8.5 billion</h2>\n<p>Credit agency and analytics company <b>Moody's</b> (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>9. BYD: $6.2 billion</h2>\n<p>Back in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer <b>BYD</b> (OTC:BYDDY)&nbsp;for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors <b>NIO</b>&nbsp;and <b>XPeng</b>&nbsp;delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.</p>\n<h2>10. DaVita: $4.4 billion</h2>\n<p>Rounding out the top 10 is kidney dialysis services company <b>DaVita</b> (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.</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>These 10 Stocks Make Up 85% of Warren Buffett's Portfolio</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\">\nThese 10 Stocks Make Up 85% of Warren Buffett's Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","AXP":"美国运通","AAPL":"苹果","USB":"美国合众银行","BAC":"美国银行","VZ":"威瑞森","BYDDY":"比亚迪ADR","MCO":"穆迪","KO":"可口可乐","DVA":"达维塔保健","BRK.A":"伯克希尔","KHC":"卡夫亨氏"},"source_url":"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143379379","content_text":"If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!\nWhat's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.\nAnother source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\n1. Apple: $115.6 billion\nTech kingpin Apple (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.\n2. Bank of America: $43.2 billion\nBank stocks have long been Buffett's favorite place to put Berkshire's money work. Bank of America (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.\nImage source: American Express.\n3. American Express: $24.9 billion\nPayment processor and lender American Express (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.\n4. Coca-Cola: $22.5 billion\nSpeaking of long-tenured holdings, beverage behemoth Coca-Cola (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.\nImage source: Getty Images.\n5. Kraft Heinz: $14.1 billion\nThere's little question that Kraft Heinz (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.\n6. Verizon Communications: $9.1 billion\nTelecommunications giant Verizon (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably one of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.\nImage source: Getty Images.\n7. U.S. Bancorp: $8.7 billion\nNext to BofA, U.S. Bancorp (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.\n8. Moody's: $8.5 billion\nCredit agency and analytics company Moody's (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.\nImage source: Getty Images.\n9. BYD: $6.2 billion\nBack in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer BYD (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors NIO and XPeng delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.\n10. DaVita: $4.4 billion\nRounding out the top 10 is kidney dialysis services company DaVita (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.","news_type":1},"isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119509777,"gmtCreate":1622553463299,"gmtModify":1704186164111,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;","listText":"[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;[Surprised]&nbsp;","text":"[Surprised] [Surprised] [Surprised] [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/119509777","repostId":"1136499588","repostType":4,"isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105252979,"gmtCreate":1620308509091,"gmtModify":1704341707605,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"????????????????","listText":"????????????????","text":"????????????????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105252979","repostId":"2133387578","repostType":4,"repost":{"id":"2133387578","kind":"highlight","pubTimestamp":1620296700,"share":"https://ttm.financial/m/news/2133387578?lang=&edition=fundamental","pubTime":"2021-05-06 18:25","market":"us","language":"en","title":"Think Stocks Will Crash in May? Do These 4 Things Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2133387578","media":"Motley Fool","summary":"Stock market downturns can be daunting. Here's what you need to do to prepare.","content":"<p>When will the stock market crash? That's the big question on many investors' minds at a time when stocks are, across the board, pretty overvalued. In fact, if the stock market doesn't tank completely in the near term, investors should at the very least begin bracing for a correction, where stock values drop 10% or more.</p>\n<p>Of course, the idea of a stock market crash can be very scary, especially if you're a newer investor and you haven't experienced <a href=\"https://laohu8.com/S/AONE\">one</a> before. But rather than allow yourself to get spooked, you're better off taking action. Here are a few crucial moves to make if you're worried that May is when the stock market will finally take a major turn for the worse.</p>\n<h2>1. Pad your emergency savings</h2>\n<p>What does the amount of money you have in the bank have to do with your stock portfolio? A lot, actually. If you secure your emergency fund so you have ample cash to cover unplanned expenses, you won't have to tap your investments out of desperation. That could, in turn, prevent you from needing to liquidate stocks at a time when their value has dropped substantially.</p>\n<h2>2. Diversify</h2>\n<p>A diverse portfolio could help you ride out a stock market crash, so if you're heavily invested in <a href=\"https://laohu8.com/S/AONE.U\">one</a> or two market segments right now, take the opportunity to branch out -- before things take a turn for the worse. Diversifying could simply mean buying stocks in sectors you're not currently invested in. Or you could load up on some index funds or exchange-traded funds (ETFs) that give you access to the broader market. For example, if you invest in an <b>S&amp;P 500</b> index fund or ETF, you'll effectively be putting money into the 500 largest publicly traded companies on the market. It doesn't get much more diverse than that.</p>\n<h2>3. Add dividend stocks to your portfolio</h2>\n<p>Companies that pay dividends tend to do so even when stock values are down. And that's a good way to hedge your bets. If your portfolio takes a hit, you can offset those losses with incoming dividend payments, and that's money you'll have the option to cash out and use as needed or reinvest.</p>\n<h2>4. Stockpile some cash</h2>\n<p>Market crashes tend to spell opportunity, and so it's important to have cash at the ready for when stocks go on sale. While your first priority should be to shore up your emergency fund, if you're also able to divert some extra cash to your brokerage account, you'll put yourself in a great position to pounce while stocks are temporarily discounted.</p>\n<p>Even if you're a seasoned investor who follows the market closely, you probably won't be able to predict exactly when the stock market will crash next. While a May crash is certainly possible, it's also certainly not a given. But rather than spin your wheels trying to determine when that crash is coming, you should instead focus your energy on checking off the boxes above. That way, you'll really be ready for whatever is ahead.</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>Think Stocks Will Crash in May? Do These 4 Things Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThink Stocks Will Crash in May? Do These 4 Things Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 18:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/06/think-stocks-will-crash-in-may-do-these-4-things-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When will the stock market crash? That's the big question on many investors' minds at a time when stocks are, across the board, pretty overvalued. In fact, if the stock market doesn't tank completely ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/06/think-stocks-will-crash-in-may-do-these-4-things-n/\">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.fool.com/investing/2021/05/06/think-stocks-will-crash-in-may-do-these-4-things-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133387578","content_text":"When will the stock market crash? That's the big question on many investors' minds at a time when stocks are, across the board, pretty overvalued. In fact, if the stock market doesn't tank completely in the near term, investors should at the very least begin bracing for a correction, where stock values drop 10% or more.\nOf course, the idea of a stock market crash can be very scary, especially if you're a newer investor and you haven't experienced one before. But rather than allow yourself to get spooked, you're better off taking action. Here are a few crucial moves to make if you're worried that May is when the stock market will finally take a major turn for the worse.\n1. Pad your emergency savings\nWhat does the amount of money you have in the bank have to do with your stock portfolio? A lot, actually. If you secure your emergency fund so you have ample cash to cover unplanned expenses, you won't have to tap your investments out of desperation. That could, in turn, prevent you from needing to liquidate stocks at a time when their value has dropped substantially.\n2. Diversify\nA diverse portfolio could help you ride out a stock market crash, so if you're heavily invested in one or two market segments right now, take the opportunity to branch out -- before things take a turn for the worse. Diversifying could simply mean buying stocks in sectors you're not currently invested in. Or you could load up on some index funds or exchange-traded funds (ETFs) that give you access to the broader market. For example, if you invest in an S&P 500 index fund or ETF, you'll effectively be putting money into the 500 largest publicly traded companies on the market. It doesn't get much more diverse than that.\n3. Add dividend stocks to your portfolio\nCompanies that pay dividends tend to do so even when stock values are down. And that's a good way to hedge your bets. If your portfolio takes a hit, you can offset those losses with incoming dividend payments, and that's money you'll have the option to cash out and use as needed or reinvest.\n4. Stockpile some cash\nMarket crashes tend to spell opportunity, and so it's important to have cash at the ready for when stocks go on sale. While your first priority should be to shore up your emergency fund, if you're also able to divert some extra cash to your brokerage account, you'll put yourself in a great position to pounce while stocks are temporarily discounted.\nEven if you're a seasoned investor who follows the market closely, you probably won't be able to predict exactly when the stock market will crash next. While a May crash is certainly possible, it's also certainly not a given. But rather than spin your wheels trying to determine when that crash is coming, you should instead focus your energy on checking off the boxes above. That way, you'll really be ready for whatever is ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349528787,"gmtCreate":1617627574749,"gmtModify":1704701035391,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"Pls help comment. ?","listText":"Pls help comment. ?","text":"Pls help comment. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/349528787","repostId":"1130269034","repostType":4,"repost":{"id":"1130269034","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617624744,"share":"https://ttm.financial/m/news/1130269034?lang=&edition=fundamental","pubTime":"2021-04-05 20:12","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1130269034","media":"Tiger Newspress","summary":"Many markets globally remain closed for holidays on Monday. U.S. stock index futures gained on Monday, as investors returning from a long weekend cheered data showing strongest jobs growth in seven months that could mark the beginning of the best annual economic growth in nearly four decades.At 8:05 a.m. ET, Dow E-minis were up 211 points, or 0.64%, S&P 500 E-minis were up 21.75 points, or 0.54% and Nasdaq 100 E-minis were up 36.25 points, or 0.27%.Shares of U.S. banks, industrial and material f","content":"<ul>\n <li>U.S. Stock Futures Gain</li>\n</ul>\n<ul>\n <li>Many markets globally remain closed for holidays on Monday</li>\n</ul>\n<p>U.S. stock index futures gained on Monday, as investors returning from a long weekend cheered data showing strongest jobs growth in seven months that could mark the beginning of the best annual economic growth in nearly four decades.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 211 points, or 0.64%, S&amp;P 500 E-minis were up 21.75 points, or 0.54% and Nasdaq 100 E-minis were up 36.25 points, or 0.27%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90bdf8806a46eafe5bd10484b22119e7\" tg-width=\"1080\" tg-height=\"388\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Shares of U.S. banks, industrial and material firms including Bank of America, JPMorgan Chase &amp; Co, Boeing Co and Dow Inc, which are poised to benefit from an improving economy, firmed about 1% each in premarket trading.</p>\n<p>Heavyweight Tesla Inc rose 7.4% after the world’s most valuable carmaker posted record deliveries, as solid demand for its electric cars offset the impact of a global shortage of chips.</p>\n<p>Investors will get a fresh glimpse of the U.S. economic health in the form of ISM’s survey of the services sector, which accounts for more than two-thirds of U.S. economic activity. The data is due at 10 a.m. ET (1400 GMT).</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Tesla&nbsp;(TSLA) </b>– Tesla&nbsp;delivered nearly 185,000 vehicles&nbsp;during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock&nbsp;jumped 7.4%&nbsp;in the premarket.</p>\n<p><b>GameStop&nbsp;(GME) </b>– The video game retailer announced&nbsp;plans to sell up to 3.5 million shares&nbsp;in an “at-the-market” offering, with plans to use the proceeds to strengthen its balance sheet and accelerate its ongoing transformation. GameStop also said sales for the first nine weeks of its current quarter were up 11% from the same period a year ago. GameStop tumbled 13.8% in premarket trading.</p>\n<p><b>Roblox&nbsp;</b><b>(RBLX) </b>– Shares of the video game development platform company’s stock jumped 5% in premarket action, as Goldman began coverage with a “buy” rating and Morgan Stanley initiated coverage with a rating of “overweight.” Both firms cite robust growth prospects, with Goldman noting that Roblox is able to outsource game development costs to creators.</p>\n<p><b>Royal Caribbean&nbsp;</b><b>(RCL),</b><b>Norwegian Cruise Line&nbsp;</b><b>(NCLH),</b><b>Carnival&nbsp;</b><b>(CCL) </b>– The Centers for Disease Control and Prevention updated its guidance for resuming U.S. cruise ship sailings, although it did not set a specific date for resumption. Royal Caribbean gained 2% in the premarket, with Norwegian up 2.4% and Carnival higher by 1.8%.</p>\n<p><b>Johnson &amp; Johnson&nbsp;</b><b>(JNJ)</b> – J&amp;J&nbsp;will take over manufacturing at a plant&nbsp;owned by contract manufacturer&nbsp;Emergent Biosolutions&nbsp;(EBS) after a quality control issue ruined a batch of J&amp;J’s Covid-19 vaccine. The Wall Street Journal reports that in order to accommodate the switch, production of&nbsp;AstraZeneca’s(AZN) Covid-19 vaccine will be moved elsewhere. Separately, J&amp;J expanded a trial of its Covid-19 vaccine to include 12- to 17-year-olds.</p>\n<p><b>Tribune Co.&nbsp;</b><b>(TPCO)</b> – Tribune received a $680 million takeover bid – worth $16.50 per share – from Choice Hotels Chairman Stewart Bainum and Swiss billionaire Hansjorg Wyss. That tops a $635 million deal that the newspaper publisher had previously agreed to with hedge fund Alden Global Capital.</p>\n<p><b>Pinterest&nbsp;</b><b>(PINS) </b>– The image-sharing website operator is in talks to buy photo app company VSCO, according to The New York Times. A potential deal price could not be determined, but VSCO was most recently valued at $550 million. Pinterest shares rose 2.4% in the premarket.</p>\n<p><b>General Motors&nbsp;</b><b>(GM),</b><b>Ford Motor&nbsp;</b><b>(F) </b>– Wells Fargo began coverage of both automakers with ratings of “overweight,” pointing to Ford’s faster turnaround under new CEO Jim Farley and GM’s leading position in electric vehicles and connectivity. GM shares added 1.7% in premarket action, while Ford rose 1.5%.</p>\n<p><b>Pioneer Natural&nbsp;(PXD) </b>– Pioneer Natural struck a deal to buy privately held rival shale producer DoublePoint Energy for about $6.4 billion, continuing the consolidation trend in the shale industry. Pioneer shares fell 3.5% in premarket trading.</p>\n<p><b>Moderna&nbsp;(MRNA) </b>– Moderna received Food and Drug Administration approval to fill Covid-19 vaccine vials with up to 15 doses, up from the previous 10 doses. Moderna said it expects to begin shipping the 15-dose vials within a few weeks, and its stock rose 0.7% in premarket trading.</p>\n<p><b>Morgan Stanley&nbsp;(MS)</b> – Morgan Stanley said it would increase its dividend as soon as restrictions are lifted by the Federal Reserve. The Fed is scheduled to release the next round of bank stress test results in June. Morgan Stanley rose 1.3% in the premarket.</p>\n<p><b>Planet Fitness&nbsp;(PLNT)</b> – The fitness chain is planning to add up to 100 new locations in the coming fiscal year, adding to its current total of more than 2,100. CFO Tom Fitzgerald told The Wall Street Journal the company also wants to boost investment in its app.</p>\n<p><b>Lamb Weston&nbsp;(LW) </b>– Shares of the foodservice company gained 1.9% in the premarket after Bank of America Securities upgraded it to “buy” from “neutral” and raised the price target to $100 per share from $84 a share. BofA said the company is poised to approach pre-Covid business levels, with demand improving.</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>Toplines Before US Market Open on Monday</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\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-05 20:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. Stock Futures Gain</li>\n</ul>\n<ul>\n <li>Many markets globally remain closed for holidays on Monday</li>\n</ul>\n<p>U.S. stock index futures gained on Monday, as investors returning from a long weekend cheered data showing strongest jobs growth in seven months that could mark the beginning of the best annual economic growth in nearly four decades.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 211 points, or 0.64%, S&amp;P 500 E-minis were up 21.75 points, or 0.54% and Nasdaq 100 E-minis were up 36.25 points, or 0.27%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90bdf8806a46eafe5bd10484b22119e7\" tg-width=\"1080\" tg-height=\"388\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Shares of U.S. banks, industrial and material firms including Bank of America, JPMorgan Chase &amp; Co, Boeing Co and Dow Inc, which are poised to benefit from an improving economy, firmed about 1% each in premarket trading.</p>\n<p>Heavyweight Tesla Inc rose 7.4% after the world’s most valuable carmaker posted record deliveries, as solid demand for its electric cars offset the impact of a global shortage of chips.</p>\n<p>Investors will get a fresh glimpse of the U.S. economic health in the form of ISM’s survey of the services sector, which accounts for more than two-thirds of U.S. economic activity. The data is due at 10 a.m. ET (1400 GMT).</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Tesla&nbsp;(TSLA) </b>– Tesla&nbsp;delivered nearly 185,000 vehicles&nbsp;during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock&nbsp;jumped 7.4%&nbsp;in the premarket.</p>\n<p><b>GameStop&nbsp;(GME) </b>– The video game retailer announced&nbsp;plans to sell up to 3.5 million shares&nbsp;in an “at-the-market” offering, with plans to use the proceeds to strengthen its balance sheet and accelerate its ongoing transformation. GameStop also said sales for the first nine weeks of its current quarter were up 11% from the same period a year ago. GameStop tumbled 13.8% in premarket trading.</p>\n<p><b>Roblox&nbsp;</b><b>(RBLX) </b>– Shares of the video game development platform company’s stock jumped 5% in premarket action, as Goldman began coverage with a “buy” rating and Morgan Stanley initiated coverage with a rating of “overweight.” Both firms cite robust growth prospects, with Goldman noting that Roblox is able to outsource game development costs to creators.</p>\n<p><b>Royal Caribbean&nbsp;</b><b>(RCL),</b><b>Norwegian Cruise Line&nbsp;</b><b>(NCLH),</b><b>Carnival&nbsp;</b><b>(CCL) </b>– The Centers for Disease Control and Prevention updated its guidance for resuming U.S. cruise ship sailings, although it did not set a specific date for resumption. Royal Caribbean gained 2% in the premarket, with Norwegian up 2.4% and Carnival higher by 1.8%.</p>\n<p><b>Johnson &amp; Johnson&nbsp;</b><b>(JNJ)</b> – J&amp;J&nbsp;will take over manufacturing at a plant&nbsp;owned by contract manufacturer&nbsp;Emergent Biosolutions&nbsp;(EBS) after a quality control issue ruined a batch of J&amp;J’s Covid-19 vaccine. The Wall Street Journal reports that in order to accommodate the switch, production of&nbsp;AstraZeneca’s(AZN) Covid-19 vaccine will be moved elsewhere. Separately, J&amp;J expanded a trial of its Covid-19 vaccine to include 12- to 17-year-olds.</p>\n<p><b>Tribune Co.&nbsp;</b><b>(TPCO)</b> – Tribune received a $680 million takeover bid – worth $16.50 per share – from Choice Hotels Chairman Stewart Bainum and Swiss billionaire Hansjorg Wyss. That tops a $635 million deal that the newspaper publisher had previously agreed to with hedge fund Alden Global Capital.</p>\n<p><b>Pinterest&nbsp;</b><b>(PINS) </b>– The image-sharing website operator is in talks to buy photo app company VSCO, according to The New York Times. A potential deal price could not be determined, but VSCO was most recently valued at $550 million. Pinterest shares rose 2.4% in the premarket.</p>\n<p><b>General Motors&nbsp;</b><b>(GM),</b><b>Ford Motor&nbsp;</b><b>(F) </b>– Wells Fargo began coverage of both automakers with ratings of “overweight,” pointing to Ford’s faster turnaround under new CEO Jim Farley and GM’s leading position in electric vehicles and connectivity. GM shares added 1.7% in premarket action, while Ford rose 1.5%.</p>\n<p><b>Pioneer Natural&nbsp;(PXD) </b>– Pioneer Natural struck a deal to buy privately held rival shale producer DoublePoint Energy for about $6.4 billion, continuing the consolidation trend in the shale industry. Pioneer shares fell 3.5% in premarket trading.</p>\n<p><b>Moderna&nbsp;(MRNA) </b>– Moderna received Food and Drug Administration approval to fill Covid-19 vaccine vials with up to 15 doses, up from the previous 10 doses. Moderna said it expects to begin shipping the 15-dose vials within a few weeks, and its stock rose 0.7% in premarket trading.</p>\n<p><b>Morgan Stanley&nbsp;(MS)</b> – Morgan Stanley said it would increase its dividend as soon as restrictions are lifted by the Federal Reserve. The Fed is scheduled to release the next round of bank stress test results in June. Morgan Stanley rose 1.3% in the premarket.</p>\n<p><b>Planet Fitness&nbsp;(PLNT)</b> – The fitness chain is planning to add up to 100 new locations in the coming fiscal year, adding to its current total of more than 2,100. CFO Tom Fitzgerald told The Wall Street Journal the company also wants to boost investment in its app.</p>\n<p><b>Lamb Weston&nbsp;(LW) </b>– Shares of the foodservice company gained 1.9% in the premarket after Bank of America Securities upgraded it to “buy” from “neutral” and raised the price target to $100 per share from $84 a share. BofA said the company is poised to approach pre-Covid business levels, with demand improving.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","JNJ":"强生","PINS":"Pinterest, Inc.","RBLX":"Roblox Corporation",".DJI":"道琼斯","CCL":"嘉年华邮轮","TSLA":"特斯拉","RCL":"皇家加勒比邮轮","NCLH":"挪威邮轮","GME":"游戏驿站",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130269034","content_text":"U.S. Stock Futures Gain\n\n\nMany markets globally remain closed for holidays on Monday\n\nU.S. stock index futures gained on Monday, as investors returning from a long weekend cheered data showing strongest jobs growth in seven months that could mark the beginning of the best annual economic growth in nearly four decades.\nAt 8:05 a.m. ET, Dow E-minis were up 211 points, or 0.64%, S&P 500 E-minis were up 21.75 points, or 0.54% and Nasdaq 100 E-minis were up 36.25 points, or 0.27%.\n*Source From Tiger Trade, EST 08:05\nShares of U.S. banks, industrial and material firms including Bank of America, JPMorgan Chase & Co, Boeing Co and Dow Inc, which are poised to benefit from an improving economy, firmed about 1% each in premarket trading.\nHeavyweight Tesla Inc rose 7.4% after the world’s most valuable carmaker posted record deliveries, as solid demand for its electric cars offset the impact of a global shortage of chips.\nInvestors will get a fresh glimpse of the U.S. economic health in the form of ISM’s survey of the services sector, which accounts for more than two-thirds of U.S. economic activity. The data is due at 10 a.m. ET (1400 GMT).\nStocks making the biggest moves in the premarket:\nTesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.4% in the premarket.\nGameStop (GME) – The video game retailer announced plans to sell up to 3.5 million shares in an “at-the-market” offering, with plans to use the proceeds to strengthen its balance sheet and accelerate its ongoing transformation. GameStop also said sales for the first nine weeks of its current quarter were up 11% from the same period a year ago. GameStop tumbled 13.8% in premarket trading.\nRoblox (RBLX) – Shares of the video game development platform company’s stock jumped 5% in premarket action, as Goldman began coverage with a “buy” rating and Morgan Stanley initiated coverage with a rating of “overweight.” Both firms cite robust growth prospects, with Goldman noting that Roblox is able to outsource game development costs to creators.\nRoyal Caribbean (RCL),Norwegian Cruise Line (NCLH),Carnival (CCL) – The Centers for Disease Control and Prevention updated its guidance for resuming U.S. cruise ship sailings, although it did not set a specific date for resumption. Royal Caribbean gained 2% in the premarket, with Norwegian up 2.4% and Carnival higher by 1.8%.\nJohnson & Johnson (JNJ) – J&J will take over manufacturing at a plant owned by contract manufacturer Emergent Biosolutions (EBS) after a quality control issue ruined a batch of J&J’s Covid-19 vaccine. The Wall Street Journal reports that in order to accommodate the switch, production of AstraZeneca’s(AZN) Covid-19 vaccine will be moved elsewhere. Separately, J&J expanded a trial of its Covid-19 vaccine to include 12- to 17-year-olds.\nTribune Co. (TPCO) – Tribune received a $680 million takeover bid – worth $16.50 per share – from Choice Hotels Chairman Stewart Bainum and Swiss billionaire Hansjorg Wyss. That tops a $635 million deal that the newspaper publisher had previously agreed to with hedge fund Alden Global Capital.\nPinterest (PINS) – The image-sharing website operator is in talks to buy photo app company VSCO, according to The New York Times. A potential deal price could not be determined, but VSCO was most recently valued at $550 million. Pinterest shares rose 2.4% in the premarket.\nGeneral Motors (GM),Ford Motor (F) – Wells Fargo began coverage of both automakers with ratings of “overweight,” pointing to Ford’s faster turnaround under new CEO Jim Farley and GM’s leading position in electric vehicles and connectivity. GM shares added 1.7% in premarket action, while Ford rose 1.5%.\nPioneer Natural (PXD) – Pioneer Natural struck a deal to buy privately held rival shale producer DoublePoint Energy for about $6.4 billion, continuing the consolidation trend in the shale industry. Pioneer shares fell 3.5% in premarket trading.\nModerna (MRNA) – Moderna received Food and Drug Administration approval to fill Covid-19 vaccine vials with up to 15 doses, up from the previous 10 doses. Moderna said it expects to begin shipping the 15-dose vials within a few weeks, and its stock rose 0.7% in premarket trading.\nMorgan Stanley (MS) – Morgan Stanley said it would increase its dividend as soon as restrictions are lifted by the Federal Reserve. The Fed is scheduled to release the next round of bank stress test results in June. Morgan Stanley rose 1.3% in the premarket.\nPlanet Fitness (PLNT) – The fitness chain is planning to add up to 100 new locations in the coming fiscal year, adding to its current total of more than 2,100. CFO Tom Fitzgerald told The Wall Street Journal the company also wants to boost investment in its app.\nLamb Weston (LW) – Shares of the foodservice company gained 1.9% in the premarket after Bank of America Securities upgraded it to “buy” from “neutral” and raised the price target to $100 per share from $84 a share. BofA said the company is poised to approach pre-Covid business levels, with demand improving.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574119575606145","authorId":"3574119575606145","name":"L1324","avatar":"https://static.tigerbbs.com/b05b9f32dd8af2590c80da38d48e37fc","crmLevel":4,"crmLevelSwitch":0,"idStr":"3574119575606145","authorIdStr":"3574119575606145"},"content":"done, pls reply this too","text":"done, pls reply this too","html":"done, pls reply this too"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358237023,"gmtCreate":1616693254162,"gmtModify":1704797586495,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"Zz","listText":"Zz","text":"Zz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358237023","repostId":"1109323949","repostType":4,"repost":{"id":"1109323949","kind":"news","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":1616686680,"share":"https://ttm.financial/m/news/1109323949?lang=&edition=fundamental","pubTime":"2021-03-25 23:38","market":"us","language":"en","title":"Oil prices drop $3 as demand concerns outweigh Suez disruption","url":"https://stock-news.laohu8.com/highlight/detail?id=1109323949","media":"Reuters","summary":"Oil prices lost $3 per barrel on Thursday as worries about demand due to new pandemic restrictions i","content":"<p>Oil prices lost $3 per barrel on Thursday as worries about demand due to new pandemic restrictions in Europe countered supply concerns that had lifted prices a day earlier when a container ship blocked the Suez Canal, .</p>\n<p>Brent crude slid fell $2.79, or 4.3%, to $61.62 a barrel by 11:20 a.m. EDT (1520 GMT). U.S. West Texas Intermediate (WTI) crude fell $3.20, or 5.2%, to $57.98 a barrel.</p>\n<p>“There’s a sense that the market is overdone,” said Phil Flynn, senior analyst at Price Futures Group in Chicago. “A lot (of the sell-off) seems to be technical. If we get much below where we are now, it opens up the technicals for more selling.”</p>\n<p>On Wednesday, the U.S. and Brent crude benchmarks jumped about 6% after a ship ran aground in the Suez Canal, one of the world’s most important oil shipping routes. The Suez Canal Authority said on Thursday it had suspended traffic temporarily while eight tugs worked to free the vessel.</p>\n<p>“We believe that the incident mostly creates noise in the market and should remain without any lasting fundamental impact,” said Norbert Rücker, analyst at Julius Baer bank.</p>\n<p>Wood Mackenzie’s vice president Ann-Louise Hittle said a few days of delays in crude or product traveling through the Suez Canal to Europe and the United States should not have a prolonged impact on prices in those markets.</p>\n<p>The impact of the Suez Canal blockade on oil prices is also limited as the destination of most oil tankers is Europe, but European demand is currently weak due to a new round of lockdowns.</p>\n<p>“If Europe was in a better state in its COVID-19 battle, then the disruption would possibly create a more prolonged issue but this is not the case. That is why traders today quickly corrected some of the previous day’s gains,” said Rystad Energy’s analyst Bjornar Tonhaugen.</p>\n<p>The technical manager of the ship said another effort to re-float the vessel will be undertaken later in the day. The salvage company said it might take weeks.</p>\n<p>Given persistent demand worries and falling prices, expectations are growing that the Organization of Petroleum Exporting Countries and allies, together called OPEC+, will roll over their current supply curbs into May at a meeting scheduled for April 1, four OPEC+ sources told Reuters.</p>\n<p>“Oil markets are unlikely to renew their upward momentum aggressively until OPEC+’s next meeting in early April, which should leave production cuts unchanged,” said Jeffrey Halley, senior market analyst at OANDA.</p>\n<p>The global oil market was also under pressure as producers faced difficulties selling to Asia, especially China. Asian buyers instead took cheaper oil from storage while refinery maintenance has reduced demand, industry sources said.</p>\n<p>A strong dollar also weighed on oil prices. The dollar hit a new four-month high against the euro as the U.S. pandemic response continued to outpace Europe’s. A rising U.S. dollar usually makes greenback-denominated oil more expensive for holders of other currencies.</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>Oil prices drop $3 as demand concerns outweigh Suez disruption</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\">\nOil prices drop $3 as demand concerns outweigh Suez disruption\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\">2021-03-25 23:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oil prices lost $3 per barrel on Thursday as worries about demand due to new pandemic restrictions in Europe countered supply concerns that had lifted prices a day earlier when a container ship blocked the Suez Canal, .</p>\n<p>Brent crude slid fell $2.79, or 4.3%, to $61.62 a barrel by 11:20 a.m. EDT (1520 GMT). U.S. West Texas Intermediate (WTI) crude fell $3.20, or 5.2%, to $57.98 a barrel.</p>\n<p>“There’s a sense that the market is overdone,” said Phil Flynn, senior analyst at Price Futures Group in Chicago. “A lot (of the sell-off) seems to be technical. If we get much below where we are now, it opens up the technicals for more selling.”</p>\n<p>On Wednesday, the U.S. and Brent crude benchmarks jumped about 6% after a ship ran aground in the Suez Canal, one of the world’s most important oil shipping routes. The Suez Canal Authority said on Thursday it had suspended traffic temporarily while eight tugs worked to free the vessel.</p>\n<p>“We believe that the incident mostly creates noise in the market and should remain without any lasting fundamental impact,” said Norbert Rücker, analyst at Julius Baer bank.</p>\n<p>Wood Mackenzie’s vice president Ann-Louise Hittle said a few days of delays in crude or product traveling through the Suez Canal to Europe and the United States should not have a prolonged impact on prices in those markets.</p>\n<p>The impact of the Suez Canal blockade on oil prices is also limited as the destination of most oil tankers is Europe, but European demand is currently weak due to a new round of lockdowns.</p>\n<p>“If Europe was in a better state in its COVID-19 battle, then the disruption would possibly create a more prolonged issue but this is not the case. That is why traders today quickly corrected some of the previous day’s gains,” said Rystad Energy’s analyst Bjornar Tonhaugen.</p>\n<p>The technical manager of the ship said another effort to re-float the vessel will be undertaken later in the day. The salvage company said it might take weeks.</p>\n<p>Given persistent demand worries and falling prices, expectations are growing that the Organization of Petroleum Exporting Countries and allies, together called OPEC+, will roll over their current supply curbs into May at a meeting scheduled for April 1, four OPEC+ sources told Reuters.</p>\n<p>“Oil markets are unlikely to renew their upward momentum aggressively until OPEC+’s next meeting in early April, which should leave production cuts unchanged,” said Jeffrey Halley, senior market analyst at OANDA.</p>\n<p>The global oil market was also under pressure as producers faced difficulties selling to Asia, especially China. Asian buyers instead took cheaper oil from storage while refinery maintenance has reduced demand, industry sources said.</p>\n<p>A strong dollar also weighed on oil prices. The dollar hit a new four-month high against the euro as the U.S. pandemic response continued to outpace Europe’s. A rising U.S. dollar usually makes greenback-denominated oil more expensive for holders of other currencies.</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":"1109323949","content_text":"Oil prices lost $3 per barrel on Thursday as worries about demand due to new pandemic restrictions in Europe countered supply concerns that had lifted prices a day earlier when a container ship blocked the Suez Canal, .\nBrent crude slid fell $2.79, or 4.3%, to $61.62 a barrel by 11:20 a.m. EDT (1520 GMT). U.S. West Texas Intermediate (WTI) crude fell $3.20, or 5.2%, to $57.98 a barrel.\n“There’s a sense that the market is overdone,” said Phil Flynn, senior analyst at Price Futures Group in Chicago. “A lot (of the sell-off) seems to be technical. If we get much below where we are now, it opens up the technicals for more selling.”\nOn Wednesday, the U.S. and Brent crude benchmarks jumped about 6% after a ship ran aground in the Suez Canal, one of the world’s most important oil shipping routes. The Suez Canal Authority said on Thursday it had suspended traffic temporarily while eight tugs worked to free the vessel.\n“We believe that the incident mostly creates noise in the market and should remain without any lasting fundamental impact,” said Norbert Rücker, analyst at Julius Baer bank.\nWood Mackenzie’s vice president Ann-Louise Hittle said a few days of delays in crude or product traveling through the Suez Canal to Europe and the United States should not have a prolonged impact on prices in those markets.\nThe impact of the Suez Canal blockade on oil prices is also limited as the destination of most oil tankers is Europe, but European demand is currently weak due to a new round of lockdowns.\n“If Europe was in a better state in its COVID-19 battle, then the disruption would possibly create a more prolonged issue but this is not the case. That is why traders today quickly corrected some of the previous day’s gains,” said Rystad Energy’s analyst Bjornar Tonhaugen.\nThe technical manager of the ship said another effort to re-float the vessel will be undertaken later in the day. The salvage company said it might take weeks.\nGiven persistent demand worries and falling prices, expectations are growing that the Organization of Petroleum Exporting Countries and allies, together called OPEC+, will roll over their current supply curbs into May at a meeting scheduled for April 1, four OPEC+ sources told Reuters.\n“Oil markets are unlikely to renew their upward momentum aggressively until OPEC+’s next meeting in early April, which should leave production cuts unchanged,” said Jeffrey Halley, senior market analyst at OANDA.\nThe global oil market was also under pressure as producers faced difficulties selling to Asia, especially China. Asian buyers instead took cheaper oil from storage while refinery maintenance has reduced demand, industry sources said.\nA strong dollar also weighed on oil prices. The dollar hit a new four-month high against the euro as the U.S. pandemic response continued to outpace Europe’s. A rising U.S. dollar usually makes greenback-denominated oil more expensive for holders of other currencies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117402352,"gmtCreate":1623155229176,"gmtModify":1704197194791,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","listText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","text":"[Great] [Great] [Great] [Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/117402352","repostId":"1154765176","repostType":4,"repost":{"id":"1154765176","kind":"news","pubTimestamp":1623145510,"share":"https://ttm.financial/m/news/1154765176?lang=&edition=fundamental","pubTime":"2021-06-08 17:45","market":"us","language":"en","title":"Amazon Stock: Has It Produced The Most Alpha In Big Tech?","url":"https://stock-news.laohu8.com/highlight/detail?id=1154765176","media":"The Street","summary":"A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha?The Amazon Maven faces off six mega-cap stocks.A few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock  -Get Report since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.But has AMZN shares created the m","content":"<blockquote><b>A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.</b></blockquote><p>A&nbsp;few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock&nbsp;(<b>AMZN</b>) -Get Report&nbsp;since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.</p><p>But has AMZN shares created the most alpha within the mega-cap tech universe? Could investors have done much better by betting on names like Apple&nbsp;(<b>AAPL</b>) or Microsoft&nbsp;(<b>MSFT</b>) instead?</p><p><b>What is alpha?</b></p><p>First, it helps to look closer at the concept of alpha. Generally, alpha is thought to be the returns that an investor can earn in excess of a benchmark. In other words: how much has a stock or portfolio risen relative to the S&amp;P 500 or the Nasdaq? Investopediasummarizesas follows:</p><blockquote>Alpha (α) is a term used in investing to describe an investment strategy's ability to beat the market, or its ‘edge’. Alpha is also referred to as ‘excess return’ or ‘abnormal rate of return’.</blockquote><p>To me, this is a good start. But alpha should also consider one crucial factor: risk.</p><p>Beating the S&amp;P 500 might simply mean higher sensitivity to market forces (i.e. beta). So, the better question is: how much return can a stock produce<b><i>relative to risk</i></b>. I believe that this is a more complete view of alpha.</p><p><b>Amazon stock vs. the rest</b></p><p>Considering absolute returns only, Amazon stock ranks remarkably high within Big Tech for historical share price performance. The chart below shows that, over the past 10 years, AMZN has only lagged Tesla (TSLA) in annualized gains.</p><p><img src=\"https://static.tigerbbs.com/8474b2c893b04f99bbc62cbf3aaa9bec\" tg-width=\"683\" tg-height=\"409\" referrerpolicy=\"no-referrer\">Now, let me introduce risk to the equation. Risk is often defined (maybe too simplistically) as volatility. The more a stock rises and falls from minute to minute, or day to day, or week to week, the riskier it is.</p><p>So, one way to assess a stock’s returns relative to risk, thus giving us a better idea of its alpha potential, is to divide annualized returns by annualized volatility. By this methodology, Amazon stock loses its silver medal to Microsoft.</p><p><img src=\"https://static.tigerbbs.com/760869278d2e71f120fe4f1fc108de5a\" tg-width=\"680\" tg-height=\"405\" referrerpolicy=\"no-referrer\">One takeaway here is that, over the past decade, Amazon has achieved higher returns than any other FAAMG stock, but not without exposing investors to more volatility. If history repeats, investors should expect high returns to come alongside relatively sharper ups and downs as well.</p><p>Another way to think about risk, one that I have favored recently, is to think about sizable losses. A good question to ask would be: how much has a stock produced in average annual returns relative to its worst trailing 12-month (TTM) performance?</p><p>Using this methodology, not only does Amazon stock lose its silver medal, but it also drops out of the podium altogether. See chart below, and notice that Facebook has also performed better than Amazon in the past ten years in loss-adjusted terms.</p><p><img src=\"https://static.tigerbbs.com/affd59dcb14135f4a2cc892ad143ec26\" tg-width=\"683\" tg-height=\"405\" referrerpolicy=\"no-referrer\">Figure 4: Ratio: Annualized return vs. Worst TTM return.</p><p>DM Martins Research</p><p>Amazon, in fact, has one of the worst track records within Big Tech when it comes to sharp losses. By November 2008, AMZN had seen 57% of its value evaporate over the previous year. Only Alphabet, around the same time, performed any worse than this.</p><p><b>The key takeaways for investors</b></p><p>Having said the above, I think that Amazon investors can learn a few lessons from this historical price action analysis:</p><ul><li>Amazon has been a high-performing name, both since the IPO and over the past decade. In absolute terms, it is hard to find many stocks that have consistently delivered outsized returns.</li><li>Once risk is introduced to the discussion, Amazon stock’s performance goes from “outstanding” to a less exhilarating “solid”. Peers like Tesla, Microsoft and even Facebook seem to have been better alpha producers. In the 10 years that preceded the pandemic, in fact, Amazon’s volatility-adjusted returns were about the same as the S&amp;P 500’s.</li><li>AMZN investors should understand that the stock could continue to produce outsized gains, but also endure higher volatility and sharper losses, as it has in the last decade or more.</li><li>As always, past performance is not a guarantee of future results. Use history as a rough guide to set expectations, but understand that share price behavior can be quite different going forward.</li></ul><p><b>Twitter speaks</b></p><p>Pop quiz: relative to volatility (that is, in risk-adjusted terms), which of the following mega-cap tech stock has delivered the best returns in the past 10 year? Leave your vote below and follow The Amazon Maven on Twitter!</p><p><img src=\"https://static.tigerbbs.com/e679074ff1db7d9f81416239eecca1dd\" tg-width=\"584\" tg-height=\"448\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock: Has It Produced The Most Alpha In Big Tech?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock: Has It Produced The Most Alpha In Big Tech?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.A few ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154765176","content_text":"A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.A few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock (AMZN) -Get Report since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.But has AMZN shares created the most alpha within the mega-cap tech universe? Could investors have done much better by betting on names like Apple (AAPL) or Microsoft (MSFT) instead?What is alpha?First, it helps to look closer at the concept of alpha. Generally, alpha is thought to be the returns that an investor can earn in excess of a benchmark. In other words: how much has a stock or portfolio risen relative to the S&P 500 or the Nasdaq? Investopediasummarizesas follows:Alpha (α) is a term used in investing to describe an investment strategy's ability to beat the market, or its ‘edge’. Alpha is also referred to as ‘excess return’ or ‘abnormal rate of return’.To me, this is a good start. But alpha should also consider one crucial factor: risk.Beating the S&P 500 might simply mean higher sensitivity to market forces (i.e. beta). So, the better question is: how much return can a stock producerelative to risk. I believe that this is a more complete view of alpha.Amazon stock vs. the restConsidering absolute returns only, Amazon stock ranks remarkably high within Big Tech for historical share price performance. The chart below shows that, over the past 10 years, AMZN has only lagged Tesla (TSLA) in annualized gains.Now, let me introduce risk to the equation. Risk is often defined (maybe too simplistically) as volatility. The more a stock rises and falls from minute to minute, or day to day, or week to week, the riskier it is.So, one way to assess a stock’s returns relative to risk, thus giving us a better idea of its alpha potential, is to divide annualized returns by annualized volatility. By this methodology, Amazon stock loses its silver medal to Microsoft.One takeaway here is that, over the past decade, Amazon has achieved higher returns than any other FAAMG stock, but not without exposing investors to more volatility. If history repeats, investors should expect high returns to come alongside relatively sharper ups and downs as well.Another way to think about risk, one that I have favored recently, is to think about sizable losses. A good question to ask would be: how much has a stock produced in average annual returns relative to its worst trailing 12-month (TTM) performance?Using this methodology, not only does Amazon stock lose its silver medal, but it also drops out of the podium altogether. See chart below, and notice that Facebook has also performed better than Amazon in the past ten years in loss-adjusted terms.Figure 4: Ratio: Annualized return vs. Worst TTM return.DM Martins ResearchAmazon, in fact, has one of the worst track records within Big Tech when it comes to sharp losses. By November 2008, AMZN had seen 57% of its value evaporate over the previous year. Only Alphabet, around the same time, performed any worse than this.The key takeaways for investorsHaving said the above, I think that Amazon investors can learn a few lessons from this historical price action analysis:Amazon has been a high-performing name, both since the IPO and over the past decade. In absolute terms, it is hard to find many stocks that have consistently delivered outsized returns.Once risk is introduced to the discussion, Amazon stock’s performance goes from “outstanding” to a less exhilarating “solid”. Peers like Tesla, Microsoft and even Facebook seem to have been better alpha producers. In the 10 years that preceded the pandemic, in fact, Amazon’s volatility-adjusted returns were about the same as the S&P 500’s.AMZN investors should understand that the stock could continue to produce outsized gains, but also endure higher volatility and sharper losses, as it has in the last decade or more.As always, past performance is not a guarantee of future results. Use history as a rough guide to set expectations, but understand that share price behavior can be quite different going forward.Twitter speaksPop quiz: relative to volatility (that is, in risk-adjusted terms), which of the following mega-cap tech stock has delivered the best returns in the past 10 year? Leave your vote below and follow The Amazon Maven on Twitter!","news_type":1},"isVote":1,"tweetType":1,"viewCount":746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138263063,"gmtCreate":1621943899652,"gmtModify":1704364853320,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","listText":"[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","text":"[What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/138263063","repostId":"1184180798","repostType":4,"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139352876,"gmtCreate":1621595278395,"gmtModify":1704360250782,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;","listText":"[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;[Speechless]&nbsp;","text":"[Speechless] [Speechless] [Speechless] [Speechless] [Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/139352876","repostId":"1148612426","repostType":4,"repost":{"id":"1148612426","kind":"news","pubTimestamp":1621594848,"share":"https://ttm.financial/m/news/1148612426?lang=&edition=fundamental","pubTime":"2021-05-21 19:00","market":"us","language":"en","title":"Disney: On A Pricey Stock And A Studio Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1148612426","media":"seekingalpha","summary":"Summary\n\nDisney is still an expensive stock.\nThe rebound for parks is coming, as well as the one for","content":"<p><b>Summary</b></p>\n<ul>\n <li>Disney is still an expensive stock.</li>\n <li>The rebound for parks is coming, as well as the one for the studio segment.</li>\n <li>D+ subscription numbers did disappoint, but over time, the current news won't matter.</li>\n <li>I am bullish on the premium-video-on-demand/day-and-date strategy Disney is employing for its next features (I wish the next Pixar film was using it as well).</li>\n <li>CEO Bob Chapek made an interesting observation about the strategy, relating it to \"The Mandalorian.\"</li>\n</ul>\n<p>Here's the bottom line at the top: Disney (DIS) will bounce back from the current SARS crisis as vaccinations continue; for now, though, the stock continues to rate as expensive.</p>\n<p>It's a weird position to be in, for sure: the parks are once again open, as mentioned in the recentearnings report, the movie business is rebooting, and Covid-19 cases seem to be heading in the right direction (although I continue to be cautious vis a vis the variants and their potential impact).</p>\n<p>However, the exuberance afforded the D+ streaming service caused the stock to get ahead of itself. Disney, to me, is a core holding considering that the company owns Pixar, Marvel, etc. Nevertheless, I'd be remiss if I didn't point out some of the valuation concerns. I also want to emphasize that I am bullish on the shares for the long term.</p>\n<p>I wanted to get that upfront before I take a brief look at the company's current status. The parks tend to get the most attention these days (for obvious reasons) after direct-to-consumer, but I will focus in on theatrical distribution, as I think that will be key toward bringing attention to both the Disney brand generally and the streaming service specifically.</p>\n<p><b>Disappointing Streaming Numbers...?</b></p>\n<p>First, though, I want to highlight thesubscriber countfor D+. That came in at 103.6 million users versus an expectation of 109.3 million. Over the long term, this current discrepancy will be meaningless. And, in fact, those looking to get the company on the lower end of its 52-week range should root for Wall Street to become even more bearish on the stat over the next several weeks. (I don't think we'll see the actual low, though.)</p>\n<p>However, I do have to admit that I was surprised by this stat as well. I'm not sure I necessarily had a specific subscriber-count in mind, but on reflection, I suppose if someone had asked me, I would have considered a number between 110 million and 115 million. Near the first week of March, the company announced it had reached100 millionsubscribers. Given the momentum behind D+ signups and its popular content, as well as the natural marketing buzz implied by the 100-million level, it just feels correct to have assumed a higher amount. Nevertheless, according to theearnings-call transcriptand comments from CEO Bob Chapek, the company is still on a proper trajectory to reach between 230 million and 260 million subscribers by 2024. Intuitively, one would assume there is the possibility that a new range beginning with 260 million will eventually be projected, unless the benefit from the pandemic effect truly is beginning to fade. Overall, I'm willing to put this expectation-miss in the rearview mirror.</p>\n<p><b>Disney's Studio Segment Will Return Strong</b></p>\n<p>The great thing about the studio segment is that, even with the multiplex industry at a standstill, it was able to weather the storm fine enough, in part, because of the absence of marketing costs (which causes me to point out yet again that studio execs really need to focus some time on this and find opportunities where inexpensive selling campaigns can be substituted for the more expensive variety). Operating income for the new reporting division called Disney Media and Entertainment Distribution, which includes movie-studio activities as well as all the rest of the content ecosystem, was up well over 70% to just under $2.9 billion. For the six-month frame, the gain in income was 38% to $4.3 billion. Obviously, it wasn't all about the marketing costs, but nevertheless, when you compare it to the tough comps at the parks segment, you begin to appreciate the diversity of the company. We now know how good an anchor business the studio can be.</p>\n<p>And that business is about to become stronger relative to the status quo because theaters are readying for the next level of reopening. AT&amp;T's (T)<i>Godzilla vs. Kong</i>has brought in over $400 million across global screens. Disney has a few potential hits the next few months with<i>Cruella</i>,<i>Black Widow</i>, and<i>Jungle Cruise</i>. It also will get a new round of valuable data with the day-and-date release strategy being used since the films will also be available on D+ for a price of $30; this gives consumers who don't want to chance a run-in with SARS variants at auditoriums the option of paying a premium to stay home and take in the moving pictures. Hopefully execs will see fit to share some of the results where it concerns the premium-video-on-demand revenues, especially for<i>Widow</i>, which will represent a great experiment to see how a true tentpole performs under hybrid-release conditions.</p>\n<p>Covering another angle, I think Disney may be making a mistake by placing the next Pixar project,<i>Luca</i>, on D+ sans the premium fee. I am curious how that would have performed with the $30 price tag. Obviously Disney has more data than I do, but I would have assumed this to be another great test that the company may not have another chance at in the near future. The service clearly benefited from the early debut of Pixar cartoons, but Disney should have perhaps attempted to do at least a hybrid release, or a near day-and-date release (i.e., maybe go to D+ a month after theatrical debut), and then see how domestic-multiplex audiences reacted to the placement. One of the previous Pixar stories,<i>Onward</i>, was released in February of last year, only to hit digital-transactional sales a month later, and then D+ two weeks after that;<i>Soul</i>, you'll recall, premiered on the platform during the Christmas holiday, with no domestic-theatrical release. The<i>Luca</i>strategy makes me wonder if the company is seeking a new catalytic engine for the next round of subscriber growth. Even more odd, you will recall that<i>Hamilton</i>and<i>Artemis Fowl</i>also debuted on the service without any paywall. While one could make an argument that those two projects were more logically distributed, the thing about a Pixar feature is the assumed premium the market is willing to pay for it. Perhaps that premium is more narrow in breadth than a Marvel extravaganza. Like I say, Disney may be simply reading the data and acting accordingly, but it makes me extremely curious nevertheless.</p>\n<p>Content, of course, will ultimately drive subscriptions, and volume is important. Management clearly recognizes this given the packed schedule of shows and films to be released on D+ over the next few years. I think the company will also create more promotional features for upcoming films as a cheap way of increasing the volume of content. This will increase the synergy between studio and streamer and will potentially positively impact the high cost of marketing campaigns. Disney probably has only scratched the surface when it comes to using its direct-to-consumer services for cross-promotion, so it'll be something to watch in the coming years as these services expand in importance to the company.</p>\n<p>Chapek also mentioned a very interesting point when asked about the company's decision to release<i>Widow</i>to D+ for a fee and in theaters at the same time. The analyst, Brett Feldman of Goldman Sachs, wondered if there should be at least a little exclusivity to the debut in theaters. Chapek cited a notable observation having to do with<i>The Mandalorian</i>: he said that the company was quite pleased with merchandise sales off a series that never had a theatrical release. He seems to be implying that a<i>Star-Wars</i>-branded episodic asset, one that is nonetheless cinematic in nature and full of great production value, can provide ample ancillary effects for the company in a similar manner to a theatrical release - thus, something like<i>Widow</i>, which would have previously been under a distribution-window strategy, can still provide value for the company's other assets even if some ticket sales are swapped for subscription signups, and by proxy, should maximize revenue by presenting optionality to the consumer. I tend to agree with this and believe the company will look to experiment further with day-and-date (or near day-and-date) strategies into the future.</p>\n<p><b>Valuation/Conclusion</b></p>\n<p>There's no question Disney is going to capture a lot of the potential economic demand built up by the pandemic. Parks and movies will see to that. Over the longer term, this stock will do well.</p>\n<p>But, just on the basis of current stock valuation, I continue to see this as an expensive float. SA'svaluationreport basically tells the tale. As an example, the adjusted P/E on a forward basis is over 70 at the time of this writing, multiple times the sector median.</p>\n<p>Yes, Disney's business model will bounce back strong, but I'm currently not adding to my position. I want to see more of a drop first as I still find the stock a bit rich in terms of valuation.</p>\n<p>Disney turned out to be a complicated situation during the pandemic: the market continued to bid the stock higher and may have gotten ahead of itself. Usually I'm for dollar-cost-averaging this name, especially for individuals who are in the early stages of investing, and certainly that approach can be taken depending on one's situation and time horizon. But for now, I've been adding to other names while holding on to my long-term position and watching the tape.</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>Disney: On A Pricey Stock And A Studio Comeback</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisney: On A Pricey Stock And A Studio Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4430391-disney-on-a-pricey-stock-and-studio-comeback><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDisney is still an expensive stock.\nThe rebound for parks is coming, as well as the one for the studio segment.\nD+ subscription numbers did disappoint, but over time, the current news won't ...</p>\n\n<a href=\"https://seekingalpha.com/article/4430391-disney-on-a-pricey-stock-and-studio-comeback\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4430391-disney-on-a-pricey-stock-and-studio-comeback","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1148612426","content_text":"Summary\n\nDisney is still an expensive stock.\nThe rebound for parks is coming, as well as the one for the studio segment.\nD+ subscription numbers did disappoint, but over time, the current news won't matter.\nI am bullish on the premium-video-on-demand/day-and-date strategy Disney is employing for its next features (I wish the next Pixar film was using it as well).\nCEO Bob Chapek made an interesting observation about the strategy, relating it to \"The Mandalorian.\"\n\nHere's the bottom line at the top: Disney (DIS) will bounce back from the current SARS crisis as vaccinations continue; for now, though, the stock continues to rate as expensive.\nIt's a weird position to be in, for sure: the parks are once again open, as mentioned in the recentearnings report, the movie business is rebooting, and Covid-19 cases seem to be heading in the right direction (although I continue to be cautious vis a vis the variants and their potential impact).\nHowever, the exuberance afforded the D+ streaming service caused the stock to get ahead of itself. Disney, to me, is a core holding considering that the company owns Pixar, Marvel, etc. Nevertheless, I'd be remiss if I didn't point out some of the valuation concerns. I also want to emphasize that I am bullish on the shares for the long term.\nI wanted to get that upfront before I take a brief look at the company's current status. The parks tend to get the most attention these days (for obvious reasons) after direct-to-consumer, but I will focus in on theatrical distribution, as I think that will be key toward bringing attention to both the Disney brand generally and the streaming service specifically.\nDisappointing Streaming Numbers...?\nFirst, though, I want to highlight thesubscriber countfor D+. That came in at 103.6 million users versus an expectation of 109.3 million. Over the long term, this current discrepancy will be meaningless. And, in fact, those looking to get the company on the lower end of its 52-week range should root for Wall Street to become even more bearish on the stat over the next several weeks. (I don't think we'll see the actual low, though.)\nHowever, I do have to admit that I was surprised by this stat as well. I'm not sure I necessarily had a specific subscriber-count in mind, but on reflection, I suppose if someone had asked me, I would have considered a number between 110 million and 115 million. Near the first week of March, the company announced it had reached100 millionsubscribers. Given the momentum behind D+ signups and its popular content, as well as the natural marketing buzz implied by the 100-million level, it just feels correct to have assumed a higher amount. Nevertheless, according to theearnings-call transcriptand comments from CEO Bob Chapek, the company is still on a proper trajectory to reach between 230 million and 260 million subscribers by 2024. Intuitively, one would assume there is the possibility that a new range beginning with 260 million will eventually be projected, unless the benefit from the pandemic effect truly is beginning to fade. Overall, I'm willing to put this expectation-miss in the rearview mirror.\nDisney's Studio Segment Will Return Strong\nThe great thing about the studio segment is that, even with the multiplex industry at a standstill, it was able to weather the storm fine enough, in part, because of the absence of marketing costs (which causes me to point out yet again that studio execs really need to focus some time on this and find opportunities where inexpensive selling campaigns can be substituted for the more expensive variety). Operating income for the new reporting division called Disney Media and Entertainment Distribution, which includes movie-studio activities as well as all the rest of the content ecosystem, was up well over 70% to just under $2.9 billion. For the six-month frame, the gain in income was 38% to $4.3 billion. Obviously, it wasn't all about the marketing costs, but nevertheless, when you compare it to the tough comps at the parks segment, you begin to appreciate the diversity of the company. We now know how good an anchor business the studio can be.\nAnd that business is about to become stronger relative to the status quo because theaters are readying for the next level of reopening. AT&T's (T)Godzilla vs. Konghas brought in over $400 million across global screens. Disney has a few potential hits the next few months withCruella,Black Widow, andJungle Cruise. It also will get a new round of valuable data with the day-and-date release strategy being used since the films will also be available on D+ for a price of $30; this gives consumers who don't want to chance a run-in with SARS variants at auditoriums the option of paying a premium to stay home and take in the moving pictures. Hopefully execs will see fit to share some of the results where it concerns the premium-video-on-demand revenues, especially forWidow, which will represent a great experiment to see how a true tentpole performs under hybrid-release conditions.\nCovering another angle, I think Disney may be making a mistake by placing the next Pixar project,Luca, on D+ sans the premium fee. I am curious how that would have performed with the $30 price tag. Obviously Disney has more data than I do, but I would have assumed this to be another great test that the company may not have another chance at in the near future. The service clearly benefited from the early debut of Pixar cartoons, but Disney should have perhaps attempted to do at least a hybrid release, or a near day-and-date release (i.e., maybe go to D+ a month after theatrical debut), and then see how domestic-multiplex audiences reacted to the placement. One of the previous Pixar stories,Onward, was released in February of last year, only to hit digital-transactional sales a month later, and then D+ two weeks after that;Soul, you'll recall, premiered on the platform during the Christmas holiday, with no domestic-theatrical release. TheLucastrategy makes me wonder if the company is seeking a new catalytic engine for the next round of subscriber growth. Even more odd, you will recall thatHamiltonandArtemis Fowlalso debuted on the service without any paywall. While one could make an argument that those two projects were more logically distributed, the thing about a Pixar feature is the assumed premium the market is willing to pay for it. Perhaps that premium is more narrow in breadth than a Marvel extravaganza. Like I say, Disney may be simply reading the data and acting accordingly, but it makes me extremely curious nevertheless.\nContent, of course, will ultimately drive subscriptions, and volume is important. Management clearly recognizes this given the packed schedule of shows and films to be released on D+ over the next few years. I think the company will also create more promotional features for upcoming films as a cheap way of increasing the volume of content. This will increase the synergy between studio and streamer and will potentially positively impact the high cost of marketing campaigns. Disney probably has only scratched the surface when it comes to using its direct-to-consumer services for cross-promotion, so it'll be something to watch in the coming years as these services expand in importance to the company.\nChapek also mentioned a very interesting point when asked about the company's decision to releaseWidowto D+ for a fee and in theaters at the same time. The analyst, Brett Feldman of Goldman Sachs, wondered if there should be at least a little exclusivity to the debut in theaters. Chapek cited a notable observation having to do withThe Mandalorian: he said that the company was quite pleased with merchandise sales off a series that never had a theatrical release. He seems to be implying that aStar-Wars-branded episodic asset, one that is nonetheless cinematic in nature and full of great production value, can provide ample ancillary effects for the company in a similar manner to a theatrical release - thus, something likeWidow, which would have previously been under a distribution-window strategy, can still provide value for the company's other assets even if some ticket sales are swapped for subscription signups, and by proxy, should maximize revenue by presenting optionality to the consumer. I tend to agree with this and believe the company will look to experiment further with day-and-date (or near day-and-date) strategies into the future.\nValuation/Conclusion\nThere's no question Disney is going to capture a lot of the potential economic demand built up by the pandemic. Parks and movies will see to that. Over the longer term, this stock will do well.\nBut, just on the basis of current stock valuation, I continue to see this as an expensive float. SA'svaluationreport basically tells the tale. As an example, the adjusted P/E on a forward basis is over 70 at the time of this writing, multiple times the sector median.\nYes, Disney's business model will bounce back strong, but I'm currently not adding to my position. I want to see more of a drop first as I still find the stock a bit rich in terms of valuation.\nDisney turned out to be a complicated situation during the pandemic: the market continued to bid the stock higher and may have gotten ahead of itself. Usually I'm for dollar-cost-averaging this name, especially for individuals who are in the early stages of investing, and certainly that approach can be taken depending on one's situation and time horizon. But for now, I've been adding to other names while holding on to my long-term position and watching the tape.","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199719667,"gmtCreate":1620733695259,"gmtModify":1704347508200,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"???????","listText":"???????","text":"???????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/199719667","repostId":"2134551566","repostType":4,"repost":{"id":"2134551566","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":1620678383,"share":"https://ttm.financial/m/news/2134551566?lang=&edition=fundamental","pubTime":"2021-05-11 04:26","market":"us","language":"en","title":"Wall Street closes lower as inflation fears prompt tech sell-off","url":"https://stock-news.laohu8.com/highlight/detail?id=2134551566","media":"Reuters","summary":"* Electric vehicle shares drop after Workhorse miss. * Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%. NEW YORK, May 10  - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leader","content":"<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower as inflation fears prompt tech sell-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes lower as inflation fears prompt tech sell-off\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\">2021-05-11 04:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134551566","content_text":"* Electric vehicle shares drop after Workhorse miss* Rising commodity prices fuel inflation concerns* Tech-related stocks pull Nasdaq lower* Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities $(TIPS)$ touched their highest levels since 2011 and 2013, respectively.\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.The Dow Jones Industrial Average fell 34.94 points, or 0.1%, to 34,742.82, the S&P 500 lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite dropped 350.38 points, or 2.55%, to 13,401.86.Of the 11 major sectors in the S&P 500, six closed red. Tech was the biggest loser, sliding 2.5%.First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.Analysts now see year-on-year S&P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per RefinitivHotel operator Marriott International Inc missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.After the bell, its rival Wynn Resorts Ltd missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.Electric vehicle stocks put on the brakes, with Tesla Inc down 6.4% and Fisker off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.FireEye rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.The S&P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.Here are company's financial statementsOccidental Petroleum loss narrows as crude prices reboundAffirm beats on revenue, sees early recovery in travel spendingYalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued OperationsTuSimple Holdings EPS beats by $0.01, misses on revenueNovavax Reports Q1 Loss, Tops Revenue Estimates3D Systems Surpasses Q1 Earnings and Revenue EstimatesVirgin Galactic shares fall after another quarterly loss, no date set for next spaceflight testRoblox revenue grows 140% in first earnings report since company went public","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341062933,"gmtCreate":1617762700122,"gmtModify":1704702792422,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341062933","repostId":"1177263079","repostType":4,"repost":{"id":"1177263079","kind":"news","pubTimestamp":1617749967,"share":"https://ttm.financial/m/news/1177263079?lang=&edition=fundamental","pubTime":"2021-04-07 06:59","market":"us","language":"en","title":"Dow falls nearly 100 points from a record high, S&P 500 breaks a 3-day winning streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1177263079","media":"cnbc","summary":"U.S. stocks fell from record levels on Tuesday as the recent rally driven by signs of strong economi","content":"<div>\n<p>U.S. stocks fell from record levels on Tuesday as the recent rally driven by signs of strong economic rebound took a pause.\nThe Dow Jones Industrial Average dipped 96.95 points, or 0.3%, to 33,430.24....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/05/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Dow falls nearly 100 points from a record high, S&P 500 breaks a 3-day winning streak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow falls nearly 100 points from a record high, S&P 500 breaks a 3-day winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 06:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/05/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell from record levels on Tuesday as the recent rally driven by signs of strong economic rebound took a pause.\nThe Dow Jones Industrial Average dipped 96.95 points, or 0.3%, to 33,430.24....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/05/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/04/05/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1177263079","content_text":"U.S. stocks fell from record levels on Tuesday as the recent rally driven by signs of strong economic rebound took a pause.\nThe Dow Jones Industrial Average dipped 96.95 points, or 0.3%, to 33,430.24. The S&P 500 fell 0.1% to 4,073.94, pressured by tech and health care. The broad equity benchmark fell for the first time in four days. The tech-heavy Nasdaq Composite inched 0.1% lower to 13,698.38. The blue-chip Dow and the S&P 500 both closed at record highs in the prior session.\nShares of airlines and cruise lines continued their recent gains. Delta Air Lines rose 2.8%, while Carnival and Royal Caribbean both gained more than 1%. Norwegian Cruise Line jumped 4.6%.\nThe market came under pressure even after more strong news on the job front. The Labor Department said Tuesday that U.S. job openings rose 268,000 to a two-year high of 7.4 million on the last day of February, according to its monthly Job Openings and Labor Turnover Survey, or JOLTS report. Economists polled by Dow Jones were expecting a total of 7 million.\nStocks rallied to record highs on Monday after Friday’s blowout jobs report and a surge in the gauge of services industry activity showed the economic rebound gained momentum amid accelerated vaccine rollout.\n“Markets today are also still digesting a ‘trifecta’ of strong start-of-the-month reports,” Chris Hussey, a managing director at Goldman Sachs, said in a note. “But even on the back of all of this good news, with the S&P 500 already up 8.5% ytd, today is a time for markets to ‘consolidate’ as they await the next batch of news — 1Q21 earnings season.”\nBig banks including JPMorgan and Goldman Sachs kick off the new earnings season next week. First-quarter earnings are expected to be up 24.2% year over year, compared to 3.8% growth in the fourth quarter, according to Refinitiv.\nBond yields continued to fall from recent highs, easing fears of rising inflation. The 10-year Treasury yielddropped7 basis points to 1.65% on Tuesday.\nOn Tuesday, California Governor Gavin Newsom said thatthe state will reopen its economy by June 15provided that coronavirus vaccine and hospitalization cases remain stable.\n“Vaccinations are rolling out at a record clip, and historic stimulus efforts from Congress have all paved the way for continued positive market momentum,” said Chris Larkin, managing director of trading and investing product at E-Trade Financial.\nInvestors continue to assess President Joe Biden’s $2 trillion infrastructure proposal announced last week and its chance to become reality. While politicians on both sides of the aisle support funding to rebuild American roads and bridges, disagreements over the ultimate size of the bill and how to pay for it remain, including Biden’s plan to raise the corporate tax to 28%.\nBiden said Mondayhe is not worriedthat a corporate tax hike would hurt the economy. Conservative Democrat Sen. Joe Manchin of West Virginia reportedly said he opposes the proposed tax hike to a level that high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137106031,"gmtCreate":1622316189823,"gmtModify":1704182910928,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","listText":"[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;[Great]&nbsp;","text":"[Great] [Great] [Great] [Great] [Great] [Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137106031","repostId":"2138488761","repostType":4,"repost":{"id":"2138488761","kind":"news","pubTimestamp":1622214949,"share":"https://ttm.financial/m/news/2138488761?lang=&edition=fundamental","pubTime":"2021-05-28 23:15","market":"us","language":"en","title":"Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits","url":"https://stock-news.laohu8.com/highlight/detail?id=2138488761","media":"Yahoo Finance","summary":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehous","content":"<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.</p><p>\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.</p><p>Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.</p><p>\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.</p><p>Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.</p><p>Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.</p><p>Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:</p><ul><li><p><b>Net Sales: </b>$45.3 billion vs. $43.5 billion</p></li><li><p><b>Same-Store Sales: </b>+20.6% vs. +16%</p></li><li><p><b>Operating Profits:</b> $1.66 billion vs. $1.41 billion</p></li><li><p><b>Diluted EPS:</b> $2.75 vs. $2.33</p></li></ul><p>Analysts stayed upbeat.</p><p>\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.</p><p>Wissink reiterated a Buy rating on Costco with a $445 price target.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCostco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts...</p>\n\n<a href=\"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BJ":"BJ批发俱乐部","COST":"好市多","WMT":"沃尔玛","TGT":"塔吉特"},"source_url":"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138488761","content_text":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:Net Sales: $45.3 billion vs. $43.5 billionSame-Store Sales: +20.6% vs. +16%Operating Profits: $1.66 billion vs. $1.41 billionDiluted EPS: $2.75 vs. $2.33Analysts stayed upbeat.\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.Wissink reiterated a Buy rating on Costco with a $445 price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130381835,"gmtCreate":1621513000027,"gmtModify":1704358830663,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"?????","listText":"?????","text":"?????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130381835","repostId":"1123155606","repostType":4,"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341066061,"gmtCreate":1617762650153,"gmtModify":1704702789030,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"Asdfghjklqwer","listText":"Asdfghjklqwer","text":"Asdfghjklqwer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341066061","repostId":"2125166557","repostType":4,"repost":{"id":"2125166557","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1617744420,"share":"https://ttm.financial/m/news/2125166557?lang=&edition=fundamental","pubTime":"2021-04-07 05:27","market":"us","language":"en","title":"New York approves legal online sports betting","url":"https://stock-news.laohu8.com/highlight/detail?id=2125166557","media":"Dow Jones","summary":"Gov. Cuomo shared few details on how it would work, but in the past he has said he wants to run the ","content":"<p>Gov. Cuomo shared few details on how it would work, but in the past he has said he wants to run the state's sports betting industry through the New York Lottery.</p>\n<p>New York state has announced it approved a budget for its fiscal year 2022 that would allow for legal online wagering in the state for the first time.</p>\n<p>Further reporting from the Action Network.</p>\n<p>Cuomo has said he wants to run the state's sports betting industry through the New York Lottery, which is run by the government. Under his plan, the New York state Lottery would issue requests for proposals from only a few mobile betting operators, which it could then license out to other sportsbook operators, according to PlayNY .</p>\n<p>\"We want to do sports betting the way the state runs the lottery where the state gets the revenues. Many states have done sports betting but they basically allow casinos to run their own gambling operations. That makes a lot of money for casinos but it makes minimal money for the state,\" Cuomo said in January about his plan .</p>\n<p>\"And I'm not here to make casinos a lot of money. I'm here to raise funds for the state. So we have a different model for sports betting.\"</p>\n<p>Cuomo's proposal to have the New York Lottery run sports betting has been maligned by lawmakers for its lack of competition and constitutionality concerns . It is also extremely different from how other states run online sports betting. States like Pennsylvania and New Jersey allow for several casinos to legally operate, forcing higher competition for customers.</p>\n<p>Gov. Cuomo and New York's legislative leaders announced that an agreement on the state budget has been reached, but few other details on the specifics of the sports betting plan are known at this time.</p>\n<p>Sports betting is already technically legal in New York state but it's limited to in-person betting at four casinos in upstate New York. Online wagering is not currently allowed in any part of New York.</p>\n<p>Online wagering is where most bets occur in states that offer both forms of wagering. For example, over 90% of all bets in neighboring New Jersey occur online . New York would be by far the most populous state to offer online sports betting.</p>\n<p>A recent report indicated about 20% of New Jersey sports wagering comes from New York City .</p>\n<p>Sports betting stocks had only slight movement during Tuesday's trading. DraftKings <a href=\"https://laohu8.com/S/DKNG\">$(DKNG)$</a> gained 1.8%, Penn National Gaming <a href=\"https://laohu8.com/S/PENN\">$(PENN)$</a> was down 2.5%, Caesars Entertainment <a href=\"https://laohu8.com/S/CZR\">$(CZR)$</a> was up 2.5% is up 5.5%, MGM Resorts <a href=\"https://laohu8.com/S/MGM\">$(MGM)$</a> was down 0.4%.</p>\n<p>The Roundhill Sports Betting &amp; iGaming ETF <a href=\"https://laohu8.com/S/BETZ\">$(BETZ)$</a>, a tier-weighted index of global sports betting &amp; iGaming companies, was up 0.5% during Tuesday's trading.</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>New York approves legal online sports betting</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\">\nNew York approves legal online sports betting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-07 05:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Gov. Cuomo shared few details on how it would work, but in the past he has said he wants to run the state's sports betting industry through the New York Lottery.</p>\n<p>New York state has announced it approved a budget for its fiscal year 2022 that would allow for legal online wagering in the state for the first time.</p>\n<p>Further reporting from the Action Network.</p>\n<p>Cuomo has said he wants to run the state's sports betting industry through the New York Lottery, which is run by the government. Under his plan, the New York state Lottery would issue requests for proposals from only a few mobile betting operators, which it could then license out to other sportsbook operators, according to PlayNY .</p>\n<p>\"We want to do sports betting the way the state runs the lottery where the state gets the revenues. Many states have done sports betting but they basically allow casinos to run their own gambling operations. That makes a lot of money for casinos but it makes minimal money for the state,\" Cuomo said in January about his plan .</p>\n<p>\"And I'm not here to make casinos a lot of money. I'm here to raise funds for the state. So we have a different model for sports betting.\"</p>\n<p>Cuomo's proposal to have the New York Lottery run sports betting has been maligned by lawmakers for its lack of competition and constitutionality concerns . It is also extremely different from how other states run online sports betting. States like Pennsylvania and New Jersey allow for several casinos to legally operate, forcing higher competition for customers.</p>\n<p>Gov. Cuomo and New York's legislative leaders announced that an agreement on the state budget has been reached, but few other details on the specifics of the sports betting plan are known at this time.</p>\n<p>Sports betting is already technically legal in New York state but it's limited to in-person betting at four casinos in upstate New York. Online wagering is not currently allowed in any part of New York.</p>\n<p>Online wagering is where most bets occur in states that offer both forms of wagering. For example, over 90% of all bets in neighboring New Jersey occur online . New York would be by far the most populous state to offer online sports betting.</p>\n<p>A recent report indicated about 20% of New Jersey sports wagering comes from New York City .</p>\n<p>Sports betting stocks had only slight movement during Tuesday's trading. DraftKings <a href=\"https://laohu8.com/S/DKNG\">$(DKNG)$</a> gained 1.8%, Penn National Gaming <a href=\"https://laohu8.com/S/PENN\">$(PENN)$</a> was down 2.5%, Caesars Entertainment <a href=\"https://laohu8.com/S/CZR\">$(CZR)$</a> was up 2.5% is up 5.5%, MGM Resorts <a href=\"https://laohu8.com/S/MGM\">$(MGM)$</a> was down 0.4%.</p>\n<p>The Roundhill Sports Betting &amp; iGaming ETF <a href=\"https://laohu8.com/S/BETZ\">$(BETZ)$</a>, a tier-weighted index of global sports betting &amp; iGaming companies, was up 0.5% during Tuesday's trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGM":"美高梅","PENN":"佩恩国民博彩","CZR":"凯撒娱乐","DKNG":"DraftKings Inc.","BETZ":"Roundhill Sports Betting & iGaming ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125166557","content_text":"Gov. Cuomo shared few details on how it would work, but in the past he has said he wants to run the state's sports betting industry through the New York Lottery.\nNew York state has announced it approved a budget for its fiscal year 2022 that would allow for legal online wagering in the state for the first time.\nFurther reporting from the Action Network.\nCuomo has said he wants to run the state's sports betting industry through the New York Lottery, which is run by the government. Under his plan, the New York state Lottery would issue requests for proposals from only a few mobile betting operators, which it could then license out to other sportsbook operators, according to PlayNY .\n\"We want to do sports betting the way the state runs the lottery where the state gets the revenues. Many states have done sports betting but they basically allow casinos to run their own gambling operations. That makes a lot of money for casinos but it makes minimal money for the state,\" Cuomo said in January about his plan .\n\"And I'm not here to make casinos a lot of money. I'm here to raise funds for the state. So we have a different model for sports betting.\"\nCuomo's proposal to have the New York Lottery run sports betting has been maligned by lawmakers for its lack of competition and constitutionality concerns . It is also extremely different from how other states run online sports betting. States like Pennsylvania and New Jersey allow for several casinos to legally operate, forcing higher competition for customers.\nGov. Cuomo and New York's legislative leaders announced that an agreement on the state budget has been reached, but few other details on the specifics of the sports betting plan are known at this time.\nSports betting is already technically legal in New York state but it's limited to in-person betting at four casinos in upstate New York. Online wagering is not currently allowed in any part of New York.\nOnline wagering is where most bets occur in states that offer both forms of wagering. For example, over 90% of all bets in neighboring New Jersey occur online . New York would be by far the most populous state to offer online sports betting.\nA recent report indicated about 20% of New Jersey sports wagering comes from New York City .\nSports betting stocks had only slight movement during Tuesday's trading. DraftKings $(DKNG)$ gained 1.8%, Penn National Gaming $(PENN)$ was down 2.5%, Caesars Entertainment $(CZR)$ was up 2.5% is up 5.5%, MGM Resorts $(MGM)$ was down 0.4%.\nThe Roundhill Sports Betting & iGaming ETF $(BETZ)$, a tier-weighted index of global sports betting & iGaming companies, was up 0.5% during Tuesday's trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349554849,"gmtCreate":1617628741081,"gmtModify":1704701051625,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349554849","repostId":"2125763974","repostType":4,"repost":{"id":"2125763974","kind":"highlight","pubTimestamp":1617625873,"share":"https://ttm.financial/m/news/2125763974?lang=&edition=fundamental","pubTime":"2021-04-05 20:31","market":"us","language":"en","title":"The 5 Worst Reasons to Buy AMC Entertainment Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2125763974","media":"Motley Fool","summary":"If your buy thesis is based on one or more of the following ideas, you're in big trouble.","content":"<p>If your buy thesis is based on one or more of the following ideas, you're in big trouble.</p>\n<p>Following a pandemic-whipsawed 2020, the most prominent development of the current year has been retail investors asserting their presence on Wall Street.</p>\n<p>For nearly three months, retail investors on Reddit's WallStreetBets chat room have been banding together to buy shares and out-of-the-money call options in companies with high levels of short interest. The goal for these predominantly young and/or novice investors is to create a short squeeze -- i.e., an event where pessimists who want to see the share price of a stock decline are driven out of their positions by rapidly rising share prices.</p>\n<p>Retail investors have been successful in effecting a short squeeze in a handful of securities. Although video game and accessories retailer&nbsp;<b>GameStop</b>&nbsp;might be the most famous, it's movie theater chain<b>AMC Entertainment</b> (NYSE:AMC) that's sort of become the battleground stock between Reddit traders and Wall Street.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f46e8f9014a7aff8e5399f6c5a3df3a\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p>Unfortunately, many of the reasons retail investors have chosen to buy into AMC are, for lack of a better word, awful. If your buy thesis pins on <a href=\"https://laohu8.com/S/AONE\">one</a> or more of the following five ideas, you might end up kissing a significant portion of your investment goodbye.</p>\n<p><b>1. \"AMC's share price is too low\"</b></p>\n<p>One of the worst reasons to buy into AMC is that you think its $9.36 share price looks cheap relative to the $20 it went for as recently as September 2018. The issue with this buy thesis is that share price is meaningless without taking outstanding share count into consideration.</p>\n<p>For instance, AMC ended 2018 with 135.5 million shares outstanding and a share price of $12.28. Doing the math, this works out to a market cap of $1.66 billion. As of this past weekend, AMC had 450.2 million shares outstanding. Based on its $9.36 share price, its market cap is $4.2 billion.</p>\n<p>To put this into some context, AMC's share price is down 67% over the past five years, but its market cap has jumped by 54%. AMC's market cap over the past two months is higher than at any point since it became a publicly traded company in December 2013. The thesis that AMC is cheap based on its share price doesn't hold water.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c1e8d2b4cae058dc557e5200b3ff00d\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>2. \"A short squeeze is imminent\"</b></p>\n<p>Arguably the most common buy thesis I hear for AMC among Reddit investors is that it's primed for a short squeeze. The unfortunate part is the dynamics that helped fuel a short squeeze in late January and early February no longer exist.</p>\n<p>For a short squeeze to occur, the right recipe is needed. First, there needs to be a high level of short interest relative to a company's float (i.e., its tradable shares). In AMC's case, 49.3 million shares were being held short in mid-March, compared to a float of 404 million shares. This represents short interest of 12%. That's definitely higher than the average publicly traded stock, but it's not off the charts. In fact, the percent of float held short for AMC has declined from close to 40% to just 12% over the last four months.</p>\n<p>Furthermore, the company's short ratio (also known as days to cover) has declined considerably. In October it would have taken short sellers over three days to exit their positions. Today, AMC's high daily trading volume would allow pessimists to cover in a matter of hours.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bee505c562dafe3e29f86496a282e43d\" tg-width=\"700\" tg-height=\"470\"><span>Image source: Getty Images.</span></p>\n<p><b>3. \"99% of its theaters have reopened\"</b></p>\n<p>Retail investors are also gung-ho about AMC's reopening its theaters. As of March 26, the company forecast that 99% of its theaters would be open for business. While I freely admit that open theaters in any capacity is better than completely closed theaters, the buy thesis is missing a number of key points.</p>\n<p>To begin with, it's not as if AMC's theaters will be operating at full capacity anytime soon. With new variants of COVID-19 circulating in the U.S., we're in a race to vaccinate as many people as possible. If too few people are vaccinated, these variants can minimize the effectiveness of coronavirus vaccines and push the prospect of herd immunity much further down the line.</p>\n<p>In addition, AMC's film exclusivity has taken a pretty big hit during the pandemic.<b>AT&amp;T</b>'s WarnerMedia has chosen to release all of its news films in 2021 on HBO Max the same day they'll hit theaters.<b>Walt Disney</b>&nbsp;is making a similar move with a handful of films on its Disney+ streaming service. Moving forward, AMC could be looking at significantly reduced exclusivity, which will hamper its turnaround efforts.</p>\n<p>According to Wall Street, AMC isn't expected to hit its pre-pandemic level of annual sales until closer to 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7820c1f47b166de46066a8218fa6556\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>4. \"I like to go to the movies\"</b></p>\n<p>Investing great Peter Lynch has always been a big fan of buying what you know. But Lynch also recognizes that there's a lot more to a great investment than simply liking or using a product. From what I've observed on social media, quite a few retail investors love going to the movies but are allergic to digging into AMC's income statements and balance sheet.</p>\n<p>From a balance-sheet perspective, AMC noted in its fourth-quarter operating results that it had more than $1 billion in cash on hand. This is after issuing close to 165 million shares and over $400 million in debt capital between mid-December and mid-January. But it ended 2020 with $5.7 billion in debt, and some of the debt it's issued since March 2020 has interest rates ranging from 10% to as high as a variable rate of 17%. Servicing this debt is going to be extremely challenging, and it's going to minimize what AMC can do with regard to growth initiatives.</p>\n<p>As for its income statement, AMC reported negative-$1.3 billion in free cash flow last year. This figure should improve with the company's theaters now open in some capacity. However, profitability remains a long way off. Over the next 24 months, AMC doesn't look to have enough cash to cover its losses.</p>\n<p>Investors are welcome to like a business -- but investing in it without knowing the fundamental details is a big mistake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20df0ce8cdd145fd726f632183b62ed6\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>5. \"If we buy and hold, the hedgies lose\"</b></p>\n<p>Lastly, there's the idea that if retail investors buy up the float and hold on to AMC stock, they'll be sticking it to the \"hedgies\" -- a term assigned to Wall Street hedge funds and institutional investors. This, too, is a misguided buy thesis.</p>\n<p>Even though the percentage of AMC shares owned by institutional investors has been more than halved since October -- this is likely a function of the company's tripling its outstanding share count -- data from YCharts shows that institutions are still holding 32% of all shares. That's a significant chunk.</p>\n<p>What's more, the bulk of trading volume these days derives from high-frequency trading programs and not from retail investors or even hedge funds. There's never going to be an instance where retail investors own such a significant amount of the float that they'll be able to block downside moves in AMC stock.</p>\n<p>As is the case with every publicly traded company, operating results, not emotions, are what'll dictate AMC's long-term share-price performance. With the company facing clear cash concerns over the next two years, it'll likely be forced to, once again, dilute the daylights out of its shareholders to stay afloat.</p>\n<p>In sum, the Reddit buy theses for AMC make little to no sense.</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>The 5 Worst Reasons to Buy AMC Entertainment Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 5 Worst Reasons to Buy AMC Entertainment Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 20:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/05/the-5-worst-reasons-to-buy-amc-entertainment-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If your buy thesis is based on one or more of the following ideas, you're in big trouble.\nFollowing a pandemic-whipsawed 2020, the most prominent development of the current year has been retail ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/05/the-5-worst-reasons-to-buy-amc-entertainment-stock/\">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/2021/04/05/the-5-worst-reasons-to-buy-amc-entertainment-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125763974","content_text":"If your buy thesis is based on one or more of the following ideas, you're in big trouble.\nFollowing a pandemic-whipsawed 2020, the most prominent development of the current year has been retail investors asserting their presence on Wall Street.\nFor nearly three months, retail investors on Reddit's WallStreetBets chat room have been banding together to buy shares and out-of-the-money call options in companies with high levels of short interest. The goal for these predominantly young and/or novice investors is to create a short squeeze -- i.e., an event where pessimists who want to see the share price of a stock decline are driven out of their positions by rapidly rising share prices.\nRetail investors have been successful in effecting a short squeeze in a handful of securities. Although video game and accessories retailer GameStop might be the most famous, it's movie theater chainAMC Entertainment (NYSE:AMC) that's sort of become the battleground stock between Reddit traders and Wall Street.\nImage source: Getty Images.\nUnfortunately, many of the reasons retail investors have chosen to buy into AMC are, for lack of a better word, awful. If your buy thesis pins on one or more of the following five ideas, you might end up kissing a significant portion of your investment goodbye.\n1. \"AMC's share price is too low\"\nOne of the worst reasons to buy into AMC is that you think its $9.36 share price looks cheap relative to the $20 it went for as recently as September 2018. The issue with this buy thesis is that share price is meaningless without taking outstanding share count into consideration.\nFor instance, AMC ended 2018 with 135.5 million shares outstanding and a share price of $12.28. Doing the math, this works out to a market cap of $1.66 billion. As of this past weekend, AMC had 450.2 million shares outstanding. Based on its $9.36 share price, its market cap is $4.2 billion.\nTo put this into some context, AMC's share price is down 67% over the past five years, but its market cap has jumped by 54%. AMC's market cap over the past two months is higher than at any point since it became a publicly traded company in December 2013. The thesis that AMC is cheap based on its share price doesn't hold water.\nImage source: Getty Images.\n2. \"A short squeeze is imminent\"\nArguably the most common buy thesis I hear for AMC among Reddit investors is that it's primed for a short squeeze. The unfortunate part is the dynamics that helped fuel a short squeeze in late January and early February no longer exist.\nFor a short squeeze to occur, the right recipe is needed. First, there needs to be a high level of short interest relative to a company's float (i.e., its tradable shares). In AMC's case, 49.3 million shares were being held short in mid-March, compared to a float of 404 million shares. This represents short interest of 12%. That's definitely higher than the average publicly traded stock, but it's not off the charts. In fact, the percent of float held short for AMC has declined from close to 40% to just 12% over the last four months.\nFurthermore, the company's short ratio (also known as days to cover) has declined considerably. In October it would have taken short sellers over three days to exit their positions. Today, AMC's high daily trading volume would allow pessimists to cover in a matter of hours.\nImage source: Getty Images.\n3. \"99% of its theaters have reopened\"\nRetail investors are also gung-ho about AMC's reopening its theaters. As of March 26, the company forecast that 99% of its theaters would be open for business. While I freely admit that open theaters in any capacity is better than completely closed theaters, the buy thesis is missing a number of key points.\nTo begin with, it's not as if AMC's theaters will be operating at full capacity anytime soon. With new variants of COVID-19 circulating in the U.S., we're in a race to vaccinate as many people as possible. If too few people are vaccinated, these variants can minimize the effectiveness of coronavirus vaccines and push the prospect of herd immunity much further down the line.\nIn addition, AMC's film exclusivity has taken a pretty big hit during the pandemic.AT&T's WarnerMedia has chosen to release all of its news films in 2021 on HBO Max the same day they'll hit theaters.Walt Disney is making a similar move with a handful of films on its Disney+ streaming service. Moving forward, AMC could be looking at significantly reduced exclusivity, which will hamper its turnaround efforts.\nAccording to Wall Street, AMC isn't expected to hit its pre-pandemic level of annual sales until closer to 2024.\nImage source: Getty Images.\n4. \"I like to go to the movies\"\nInvesting great Peter Lynch has always been a big fan of buying what you know. But Lynch also recognizes that there's a lot more to a great investment than simply liking or using a product. From what I've observed on social media, quite a few retail investors love going to the movies but are allergic to digging into AMC's income statements and balance sheet.\nFrom a balance-sheet perspective, AMC noted in its fourth-quarter operating results that it had more than $1 billion in cash on hand. This is after issuing close to 165 million shares and over $400 million in debt capital between mid-December and mid-January. But it ended 2020 with $5.7 billion in debt, and some of the debt it's issued since March 2020 has interest rates ranging from 10% to as high as a variable rate of 17%. Servicing this debt is going to be extremely challenging, and it's going to minimize what AMC can do with regard to growth initiatives.\nAs for its income statement, AMC reported negative-$1.3 billion in free cash flow last year. This figure should improve with the company's theaters now open in some capacity. However, profitability remains a long way off. Over the next 24 months, AMC doesn't look to have enough cash to cover its losses.\nInvestors are welcome to like a business -- but investing in it without knowing the fundamental details is a big mistake.\nImage source: Getty Images.\n5. \"If we buy and hold, the hedgies lose\"\nLastly, there's the idea that if retail investors buy up the float and hold on to AMC stock, they'll be sticking it to the \"hedgies\" -- a term assigned to Wall Street hedge funds and institutional investors. This, too, is a misguided buy thesis.\nEven though the percentage of AMC shares owned by institutional investors has been more than halved since October -- this is likely a function of the company's tripling its outstanding share count -- data from YCharts shows that institutions are still holding 32% of all shares. That's a significant chunk.\nWhat's more, the bulk of trading volume these days derives from high-frequency trading programs and not from retail investors or even hedge funds. There's never going to be an instance where retail investors own such a significant amount of the float that they'll be able to block downside moves in AMC stock.\nAs is the case with every publicly traded company, operating results, not emotions, are what'll dictate AMC's long-term share-price performance. With the company facing clear cash concerns over the next two years, it'll likely be forced to, once again, dilute the daylights out of its shareholders to stay afloat.\nIn sum, the Reddit buy theses for AMC make little to no sense.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131658412,"gmtCreate":1621858193536,"gmtModify":1704363373045,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/131658412","repostId":"1146017349","repostType":4,"repost":{"id":"1146017349","kind":"news","pubTimestamp":1621843320,"share":"https://ttm.financial/m/news/1146017349?lang=&edition=fundamental","pubTime":"2021-05-24 16:02","market":"us","language":"en","title":"ZipRecruiter Is Going Public This Month. What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1146017349","media":"Barrons","summary":"ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The o","content":"<p>ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.</p><p>The online employment marketplace said it would make its debut on the New York Stock Exchange “on or about May 26, 2021,” a prospectus said. It will trade under the symbol ZIP.</p><p>ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of Class A common stock for resale, according to the document.</p><p>ZipRecruiter will be the third company this year to use a direct listing to go public:Coinbase(ticker: COIN), a cryptocurrency exchange, used the method&nbsp;to list its shares in April on the Nasdaq, after the gaming platform&nbsp;Roblox(RBLX) did so for its March&nbsp;debut on the NYSE. (Squarespace, a website design company,has also filed to go public&nbsp;via a direct listing on the NYSE, but has yet to set a trading date.)</p><p>Companies mainly use direct listings because they’re cheaper than traditional IPOs and allow shareholders to sell their stock to the public without intermediaries. In a traditional IPO, a company sells shares and uses an investment bank or banks to underwrite the deals. But in a direct listing, a bank or banks typically work as financial advisors for the company going public.</p><p>ZipRecruiter has lined up six investment banks—Goldman Sachs(GS),JPMorgan Chase(JPM), Barclays Capital,Evercore Group(EVR), William Blair and Raymond James—to advise on the upcoming offering. However, only Goldman and&nbsp;JPMorgan Chase&nbsp;will consult with a&nbsp;designated market maker to set ZipRecruiter’s opening price.</p><p>Direct listings typically do not include lockups, which prevent shareholders from selling for a certain period of time. ZipRecruiter stockholders, similarly, will be able to selltheir shares as soon as the company lists later this month.</p><p>In a traditional IPO, a company will have a roadshow where the management team&nbsp;makes presentations to institutional investors&nbsp;to create interest in the stock. Direct listings have replaced the roadshow with the investor day, when investors typically learn about a company going public via a webcast meeting. ZipRecruiter is&nbsp;hosting its investor day&nbsp;on May 10.</p><p>Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee while&nbsp;110 million jobseekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3% to $418 million in 2020, the prospectus said.</p><p>ZipRecruiter has raised $219 million in funding, according to&nbsp;Crunchbase. This includes&nbsp;a $156 million round in 2018&nbsp;co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.</p><p>Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million Class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million Class A shares.</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>ZipRecruiter Is Going Public This Month. What to Know.</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\">\nZipRecruiter Is Going Public This Month. What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 16:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The online employment marketplace said it would make its debut on the New York Stock Exchange “on or ...</p>\n\n<a href=\"https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZIP":"ZipRecruiter Inc."},"source_url":"https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146017349","content_text":"ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The online employment marketplace said it would make its debut on the New York Stock Exchange “on or about May 26, 2021,” a prospectus said. It will trade under the symbol ZIP.ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of Class A common stock for resale, according to the document.ZipRecruiter will be the third company this year to use a direct listing to go public:Coinbase(ticker: COIN), a cryptocurrency exchange, used the method to list its shares in April on the Nasdaq, after the gaming platform Roblox(RBLX) did so for its March debut on the NYSE. (Squarespace, a website design company,has also filed to go public via a direct listing on the NYSE, but has yet to set a trading date.)Companies mainly use direct listings because they’re cheaper than traditional IPOs and allow shareholders to sell their stock to the public without intermediaries. In a traditional IPO, a company sells shares and uses an investment bank or banks to underwrite the deals. But in a direct listing, a bank or banks typically work as financial advisors for the company going public.ZipRecruiter has lined up six investment banks—Goldman Sachs(GS),JPMorgan Chase(JPM), Barclays Capital,Evercore Group(EVR), William Blair and Raymond James—to advise on the upcoming offering. However, only Goldman and JPMorgan Chase will consult with a designated market maker to set ZipRecruiter’s opening price.Direct listings typically do not include lockups, which prevent shareholders from selling for a certain period of time. ZipRecruiter stockholders, similarly, will be able to selltheir shares as soon as the company lists later this month.In a traditional IPO, a company will have a roadshow where the management team makes presentations to institutional investors to create interest in the stock. Direct listings have replaced the roadshow with the investor day, when investors typically learn about a company going public via a webcast meeting. ZipRecruiter is hosting its investor day on May 10.Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee while 110 million jobseekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3% to $418 million in 2020, the prospectus said.ZipRecruiter has raised $219 million in funding, according to Crunchbase. This includes a $156 million round in 2018 co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million Class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million Class A shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192154674,"gmtCreate":1621167987998,"gmtModify":1704353554786,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/192154674","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","kind":"news","pubTimestamp":1621004581,"share":"https://ttm.financial/m/news/1163454382?lang=&edition=fundamental","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMC Entertainment Stock Jumped Again Friday</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 Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">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/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196878037,"gmtCreate":1621045038329,"gmtModify":1704352367707,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"??????","listText":"??????","text":"??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/196878037","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","kind":"news","pubTimestamp":1621004581,"share":"https://ttm.financial/m/news/1163454382?lang=&edition=fundamental","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMC Entertainment Stock Jumped Again Friday</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 Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">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/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379931400,"gmtCreate":1618649773200,"gmtModify":1704713832144,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379931400","repostId":"1179330583","repostType":4,"repost":{"id":"1179330583","kind":"news","pubTimestamp":1618588042,"share":"https://ttm.financial/m/news/1179330583?lang=&edition=fundamental","pubTime":"2021-04-16 23:47","market":"us","language":"en","title":"Airbnb CEO says company is going to need millions more hosts to meet surging demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1179330583","media":"cnbc","summary":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up","content":"<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Airbnb CEO says company is going to need millions more hosts to meet surging demand</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\">\nAirbnb CEO says company is going to need millions more hosts to meet surging demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179330583","content_text":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on \"TechCheck.\"\nCurrently, the home-sharing platform has 4 million hosts.\n\nAirbnbis going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on CNBC's \"TechCheck.\" Currently, the home-sharing platform has 4 million hosts.\n“I think that we probably will have a high cost problem where there will probably be more guests coming to Airbnb than we’ll have hosts for because what we think is we think there’s going to be a travel rebound coming that’s unlike anything we’ve ever seen,” Chesky added. “We are working our hardest to get more hosts on the platform.”\nThe travel industry is seeing an uptick in business as more Americans get vaccinated and state restrictions ease. But for Airbnb, which relies on people to open their homes to guests, the company will need to ramp up its number of hosts instead of building out more real estate or adding flights to meet demand.\nIt’s a similar problem faced by other companies in the gig economy likeUber, which recently announced a$250 million stimulusin an effort to bring more drivers to its platform.\n“As vaccination rates increase in the United States, we are observing that consumer demand for Mobility is recovering faster than driver availability, and consumer demand for Delivery continues to exceed courier availability,”Uber saidin a filing with the Securities and Exchange Commission.\nChesky said Airbnb isn’t likely to offer “a lot of incentives” to bring new hosts on board since there’s already a huge amount of demand for service.\n“I think that all we have to do is just continue to tell our story of Airbnb, and the benefits of hosting. And we are seeing a lot of interest,” he said.\nAs part of that, Chesky said the company has done things like launch its “made possible by hosts” ad campaign. The company rolled out a number of advertisements using photographs from Airbnb guests staying in homes around the world, in an effort to create a sense of nostalgia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342790612,"gmtCreate":1618240286536,"gmtModify":1704708053322,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342790612","repostId":"1194635432","repostType":4,"repost":{"id":"1194635432","kind":"news","pubTimestamp":1618236146,"share":"https://ttm.financial/m/news/1194635432?lang=&edition=fundamental","pubTime":"2021-04-12 22:02","market":"us","language":"en","title":"Can You Make Coin Investing In Coinbase?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194635432","media":"seekingalpha","summary":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the ","content":"<p><b>Summary</b></p><ul><li>Coinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.</li><li>With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.</li><li>Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.</li><li>Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.</li></ul><p>I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?</p><p>At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.</p><p><b>Fundamental Risks 1: The US Regulatory Landscape</b></p><p>The US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.</p><p>Coinbase has the 2nd smallest coin listings</p><p>Coin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.</p><p>Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at &gt;20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.</p><p>SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)</p><p>In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.</p><p>XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.</p><p>Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.</p><p>Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.</p><p><img src=\"https://static.tigerbbs.com/5bf68da62452a794c5daaa60ac989840\" tg-width=\"554\" tg-height=\"576\" referrerpolicy=\"no-referrer\">Source: Table created by Author fromCoinMarketCap</p><p><b>Other Regulatory Risks</b></p><p>Regulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.</p><p>Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.</p><p>Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.</p><p><b>Fundamental Risk 2: Losing a Winner-Takes-All Market</b></p><p>There are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.</p><p>Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.</p><p>On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.</p><p>In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).</p><p>Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.</p><p>In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.</p><p><img src=\"https://static.tigerbbs.com/01ca6dafd2b567bd920c5e9f8edc8fbb\" tg-width=\"640\" tg-height=\"202\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Valuation</b></p><p>The tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.</p><p>Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.</p><p>Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.</p><p>Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.</p><p>Table 3:Coinbase's Revenue from 2016-2020<img src=\"https://static.tigerbbs.com/de8396c363230e04130e43f63d653956\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 4:Coinbase's Profit from 2016-2020<img src=\"https://static.tigerbbs.com/be2327ad800bd3524a3aaa57e3a0b17f\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 5:Coinbase's Historical Valuations<img src=\"https://static.tigerbbs.com/4b1fd86395ee1b0e38f1f6fd472f84bd\" tg-width=\"640\" tg-height=\"159\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Verdict</b></p><p>In my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.</p><p>The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.</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>Can You Make Coin Investing In Coinbase?</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\">\nCan You Make Coin Investing In Coinbase?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194635432","content_text":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.Fundamental Risks 1: The US Regulatory LandscapeThe US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.Coinbase has the 2nd smallest coin listingsCoin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.Source: Table created by Author fromCoinMarketCapOther Regulatory RisksRegulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.Fundamental Risk 2: Losing a Winner-Takes-All MarketThere are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.Source:BusinessofAppsValuationThe tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.Table 3:Coinbase's Revenue from 2016-2020Source:BusinessofAppsTable 4:Coinbase's Profit from 2016-2020Source:BusinessofAppsTable 5:Coinbase's Historical ValuationsSource:BusinessofAppsVerdictIn my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355170692,"gmtCreate":1617050297516,"gmtModify":1704801293875,"author":{"id":"3573875235773606","authorId":"3573875235773606","name":"JiaJun87","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573875235773606","authorIdStr":"3573875235773606"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355170692","repostId":"2123518862","repostType":4,"repost":{"id":"2123518862","kind":"news","pubTimestamp":1617030636,"share":"https://ttm.financial/m/news/2123518862?lang=&edition=fundamental","pubTime":"2021-03-29 23:10","market":"us","language":"en","title":"Nio, XPeng File For Hong Kong Listings: Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2123518862","media":"Benzinga","summary":"NIO Limited  and XPeng Inc.  have made further progress in their endeavor to pursue a listing outside of the U.S.What Happened: Nio and XPeng have filed regulatory applications to list their shares on the Hong Kong stock exchange, local Chinese media outlet cls.cn reported, citing people familiar with the matter.Li Auto Inc.  has yet to submit its application, the report said.Nio and XPeng spokespeople declined to comment on the report when contacted by Benzinga.The news of the Chinese EV trio —","content":"<p><img src=\"https://static.tigerbbs.com/1f1e2190d1785eedb1d2adbc9d64e643\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>NIO Limited</b> (NYSE: NIO) and <b>XPeng Inc. </b>(NYSE: XPEV) have made further progress in their endeavor to pursue a listing outside of the U.S.</p>\n<p><b>What Happened:</b> Nio and XPeng have filed regulatory applications to list their shares on the Hong Kong stock exchange, local Chinese media outlet cls.cn reported, citing people familiar with the matter.</p>\n<p><b>Li Auto Inc.</b> (NASDAQ: LI) has&nbsp;yet to submit its application, the report said.</p>\n<p>Nio and XPeng spokespeople declined to comment on the report when contacted by Benzinga.</p>\n<p>The news of the Chinese EV trio —&nbsp;Nio, XPeng and Li Auto —&nbsp;contemplating Hong Kong listings was initially broken by Reuters in early March. The Reuters report said the companies are seeking to offer 5% of their expanded share capital in a bid to raise a cumulative $5 billion.</p>\n<p>Later on March 22, an IFR report said the companies have hired investment managers to assist with the offerings. The report further said Nio would undertake&nbsp;a secondary listing, while XPeng and Li Auto are forced to file for primary dual listings due to regulatory restrictions.</p>\n<p><b>Why It's Important:</b> The Chinese EV makers, which were among the best-performing stocks of 2020, have not had a smooth ride so&nbsp;far this year.</p>\n<p>Apart from market-wide factors that have pressured these stocks, the companies also witnessed a slowdown in sales in February. Indications that sales could remain pressured amid a chip supply shortage are intensifying the weakness further.</p>\n<p>Nio is shutting down production at its&nbsp;Hefei plant for five days&nbsp;starting Monday. It also lowered its deliveries guidance for the first quarter.</p>\n<p>A domestic listing is expected to expand the investor base of the companies, creating access to further capital. Additionally, it will serve to remove the overhang of a U.S. regulatory clampdown on U.S.-listed Chinese companies.</p>\n<p><b>LI, NIO, XPEV Price Action:</b> In premarket trading, Nio shares were down 2.32% to $35.29, XPeng was receding 1.31% to $31.72&nbsp;and Li Auto shares were moving down 1.22% to $23.41.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio, XPeng File For Hong Kong Listings: Report</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\">\nNio, XPeng File For Hong Kong Listings: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nio-xpeng-file-hong-kong-121036694.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO Limited (NYSE: NIO) and XPeng Inc. (NYSE: XPEV) have made further progress in their endeavor to pursue a listing outside of the U.S.\nWhat Happened: Nio and XPeng have filed regulatory applications...</p>\n\n<a href=\"https://finance.yahoo.com/news/nio-xpeng-file-hong-kong-121036694.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/d891d4259c070317fc2a1875e00ebf81","relate_stocks":{"NIO":"蔚来","LI":"理想汽车","XPEV":"小鹏汽车"},"source_url":"https://finance.yahoo.com/news/nio-xpeng-file-hong-kong-121036694.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2123518862","content_text":"NIO Limited (NYSE: NIO) and XPeng Inc. (NYSE: XPEV) have made further progress in their endeavor to pursue a listing outside of the U.S.\nWhat Happened: Nio and XPeng have filed regulatory applications to list their shares on the Hong Kong stock exchange, local Chinese media outlet cls.cn reported, citing people familiar with the matter.\nLi Auto Inc. (NASDAQ: LI) has yet to submit its application, the report said.\nNio and XPeng spokespeople declined to comment on the report when contacted by Benzinga.\nThe news of the Chinese EV trio — Nio, XPeng and Li Auto — contemplating Hong Kong listings was initially broken by Reuters in early March. The Reuters report said the companies are seeking to offer 5% of their expanded share capital in a bid to raise a cumulative $5 billion.\nLater on March 22, an IFR report said the companies have hired investment managers to assist with the offerings. The report further said Nio would undertake a secondary listing, while XPeng and Li Auto are forced to file for primary dual listings due to regulatory restrictions.\nWhy It's Important: The Chinese EV makers, which were among the best-performing stocks of 2020, have not had a smooth ride so far this year.\nApart from market-wide factors that have pressured these stocks, the companies also witnessed a slowdown in sales in February. Indications that sales could remain pressured amid a chip supply shortage are intensifying the weakness further.\nNio is shutting down production at its Hefei plant for five days starting Monday. It also lowered its deliveries guidance for the first quarter.\nA domestic listing is expected to expand the investor base of the companies, creating access to further capital. Additionally, it will serve to remove the overhang of a U.S. regulatory clampdown on U.S.-listed Chinese companies.\nLI, NIO, XPEV Price Action: In premarket trading, Nio shares were down 2.32% to $35.29, XPeng was receding 1.31% to $31.72 and Li Auto shares were moving down 1.22% to $23.41.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}