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2022-11-10

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2022-11-04

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Meta Platforms Is Cheap For A Reason

2022-11-29

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Warren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%

2022-11-23

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Nvidia: Here We Go Again

2022-10-19

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Wake Up: The Bear Market Rally Just Started

2022-10-18

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British U-Turn Shows Central Banks Still Rule (and That’s Not Always Good)

2022-10-11

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The 2022 Bear Market Cycle May Be Far From Over

2022-10-02

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XPeng Delivered 8,468 Smart EVs in September; G9 Flagship SUV Deliveries Started in September

2022-07-17

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Elon Musk Seeks to Block Twitter's Request for Expedited Trial

2022-03-28

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March Jobs Report, PCE Inflation, Consumer Confidence: What to Know This Week

2021-07-22

Jump ship or Partnership. Something brewing I guess

Nio Exec Jumps Ship To Join GM's New Electric Delivery Van Unit

2022-12-08

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Top Calls on Wall Street: Apple, Tesla, Roku, Airbnb, Shopify and More

2022-11-08

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U.S. Stocks Mixed in Morning Trading; Nasdaq Turned Down While Dow Jones and S&P 500 Rose Less Than 0.5%

2022-10-12

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Tesla Is A Bargain With Optimus And Recent Events

2022-06-16

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NIO Could Fail In FQ2 2022 - But The Patient May Be Rewarded By H2 2022

2022-04-01

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Ford to Halt Mustang Production at Michigan Plant for a Week Due to Chip Shortage

2022-03-27

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Alphabet Vs. Meta: One Is The Much Better Buy

2022-11-01

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What History Says Happens Next

2022-10-08

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Is Now the Right Time to Buy Netflix Stock?

2022-08-23

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Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders

Go to Tiger App to see more news

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shorties in panicking mode.&nbsp;","listText":"Obviously shorties in panicking mode.&nbsp;","text":"Obviously shorties in panicking mode.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323600619196504","repostId":"1155627702","repostType":2,"repost":{"id":"1155627702","kind":"news","pubTimestamp":1719978763,"share":"https://ttm.financial/m/news/1155627702?lang=&edition=fundamental","pubTime":"2024-07-03 11:52","market":"us","language":"en","title":"NIO: Growth At All Costs May Not Last","url":"https://stock-news.laohu8.com/highlight/detail?id=1155627702","media":"seekingalpha","summary":"NIO's stock rallied significantly yesterday after inspiring Q2 delivery numbers, which more than doubled.The company's financial performance suggests that management prioritizes growth at all costs, w","content":"<html><head></head><body><ul style=\"\"><li><p>NIO&#39;s stock rallied significantly yesterday after inspiring Q2 delivery numbers, which more than doubled.</p></li><li><p>The company&#39;s financial performance suggests that management prioritizes growth at all costs, which is unsustainable and harmful to shareholders in the long term.</p></li><li><p>Valuation analysis suggests NIO&#39;s stock is overvalued, fair share price estimated at $1.36.</p></li></ul><h2 id=\"id_4142055286\" style=\"text-align: left;\">Introduction</h2><p style=\"text-align: left;\">I remain bearish about NIO (NYSE:NIO) and want to reiterate my &#39;Strong Sell&#39; rating for the stock. The stock declined by 2.4% since my previous thesis. My previous thesis could have looked even better, but the stock gained more than 6% yesterday after positive Q2 deliveries data. NIO&#39;s latest deliveries report is really impressive with sales more than doubling in Q2. On the other hand, this growth might be unsustainable because it looks like a &#39;growth at all costs&#39;. I think so because Q1 financial performance was quite disappointing with soaring cash burn. NIO&#39;s profitability metrics are way behind its closest rivals, which also underscores prioritizing &#39;growth at all costs&#39;. I expect more dilution soon, which will probably make NIO&#39;s unattractive valuation look even worse. Considering all these factors, I believe that NIO&#39;s yesterday rally was more a &#39;dead cat bounce&#39; rather than a sustainable rebound.</p><h2 id=\"id_2841942455\" style=\"text-align: left;\">Fundamental analysis</h2><p style=\"text-align: left;\">The most fresh fundamental information about NIO is its Q2 2024 deliveries. The quarter&#39;s deliveries totaled 57,373 vehicles, increasing by 144% YoY. The increase is impressive, the market reacted by showing a big intraday rally. NIO&#39;s Q2 deliveries growth outperformed its closest rivals like Li Auto (LI) and XPeng (XPEV). On the other hand, Li Auto&#39;s deliveries are twice as high as NIO&#39;s. Growing against larger numbers is usually more difficult.</p><p style=\"text-align: left;\">NIO delivered a total of 87,426 during the first half of 2024, compared to 54,561 units in H1 2023. The increase is 60%. According to the last November&#39;s information, NIO&#39;s target for the full year is 230,000 units. With that being said, NIO needs to deliver 142,574 cars in H2 2024. Thus, NIO should demonstrate a 35% increase in deliveries during the second half of the year. This looks doable considering strong growth momentum of the Q2.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1b02cacd30c04fea262e535d1a7e1741\" alt=\"NIO PL\" title=\"NIO PL\" tg-width=\"640\" tg-height=\"651\"/><span>NIO PL</span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">Despite the impressive growth in the volume of cars sold, NIO&#39;s financial performance is not improving. Of course, we do not have Q2 earnings yet, but financial metrics of Q1 were disappointing. The operating margin dipped below -50% and it was much weaker both compared YoY and QoQ. As a result, NIO&#39;s outstanding cash balance decreased by around $1.7 billion sequentially. The company&#39;s balance sheet continues shrinking at a notable speed. This will likely lead to the issuing of new shares, and the recent stability in the number of shares outstanding will be disrupted.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aeade29223fd17c2498ae5809a29679c\" alt=\"Chart\" title=\"Chart\" tg-width=\"635\" tg-height=\"424\"/><span>Chart</span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">NIO&#39;s impressive H1 deliveries growth was likely achieved with a &#39;growth at all costs&#39; strategy. I made this conclusion by comparing the company&#39;s profitability metrics with rivals. NIO&#39;s profitability still looks poor compared to LI and XPEV. Comparing with Li might be unfair due to the big gap in scales of these two companies. However, XPEV delivers less cars than NIO and its profitability metrics look better.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3d990241a6071c87946aa9215f6a1955\" alt=\"NIO vs competitios\" title=\"NIO vs competitios\" tg-width=\"640\" tg-height=\"355\"/><span>NIO vs competitios</span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">NIO&#39;s revenue per employee is two times lower than Li&#39;s and 25% lower compared to XPEV. This indicates that NIO does not prioritize efficient and profitable growth, which is not a sustainable approach to building value for shareholders.</p><p style=\"text-align: left;\">The management did not announce exact global expansion plans, but opening &#39;NIO houses&#39; across Europe suggests that they had ambitious plans in this direction. The recent introduction of additional tariffs on Chinese EVs by the EU is a serious fundamental headwind for NIO&#39;s plans to expand internationally. Expansion to the U.S. market already looks impossible for Chinese EVs after Joe Biden introduced a 100% tariff.</p><h2 id=\"id_808253151\" style=\"text-align: left;\">Valuation analysis</h2><p style=\"text-align: left;\">I use the discounted cash flow (&#39;DCF&#39;) approach to update my valuation analysis for NIO. I use a 12% WACC, as recommended by Finbox. I rely on the FY 2024 revenue consensus forecast of $9.38 billion and use a linear 17.15% CAGR for 2025-2028.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/69d6e48f810a92d169d2699bbc204dd6\" alt=\"Tesla&#39;s CF\" title=\"Tesla&#39;s CF\" tg-width=\"640\" tg-height=\"308\"/><span>Tesla&#39;s CF</span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">NIO is still not profitable and the level of uncertainty regarding the free cash flow margin is very high. However, Tesla (TSLA) first achieved sustainable positive FCF starting in FY 2019 (please see above) when it had already surpassed $20 billion in revenue. Therefore, I assume that to generate at least 1% in FCF, the company must surpass $15 billion in revenue. Therefore, I expect NIO to start generating positive FCF no earlier than FY 2027, with a slow expansion. According to Seeking Alpha, there are 2.07 billion outstanding NIO shares at the moment. I project a 4% constant growth rate because NIO operates in an industry that enjoys solid positive secular transitions.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5220e9785a156463a5065edb1306a132\" alt=\"NIO valuation\" title=\"NIO valuation\" tg-width=\"640\" tg-height=\"303\"/><span>NIO valuation</span></p><p style=\"text-align: left;\">The fair share price is $1.36, three times lower than yesterday&#39;s closing price. This financial model is very sensitive to changes in constant growth rate. However, even upgrading the rate to unrealistic 8% does not make NIO&#39;s stock attractively valued. Therefore, I do not find NIO&#39;s valuation attractive at all.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7931c3699c50a96d4578d05b5c5dc05d\" alt=\"KM\" title=\"KM\" tg-width=\"640\" tg-height=\"303\"/><span>KM</span></p><p style=\"text-align: left;\"></p><h2 id=\"id_3460249774\" style=\"text-align: left;\">Mitigating factors</h2><p style=\"text-align: left;\">NIO&#39;s current &#39;growth at all costs&#39; approach might be temporary. The management might prioritize this method for a limited time period just to gain momentum and gain popularity. This will help in expanding the company&#39;s market share and building brand loyalty. Once these goals are achieved, NIO might start aggressive cost-cutting to improve its profitability profile. However, it is quite a risky strategy because the competition is intensifying as more legacy automakers introduce plans to expand their all-electric models. Therefore, the possibility of such a scenario is quite low.</p><h2 id=\"id_3766739004\" style=\"text-align: left;\">Conclusion</h2><p style=\"text-align: left;\">I do not believe in the sustainability of NIO&#39;s yesterday rally. The Q2 deliveries look impressive without looking at financial performance. However, peer analysis of profitability metrics together with recent historical trends suggest that NIO switched its approach to &#39;growth at all costs&#39; which is unsustainable. The cash burn problem cannot be over-estimated and there will highly likely be more dilution soon. My fair share price estimate is much lower than the last close. All these factors make me reiterate a &#39;Strong sell&#39; rating for NIO.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO: Growth At All Costs May Not Last</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: Growth At All Costs May Not Last\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-03 11:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4701957-nio-stock-q2-deliveries-growth-at-all-costs-may-not-last-maintain-sell?source=first_level_url%3Atrending-analysis%7Ccontent_type%3Aall%7Csection%3Acontent%7Cline%3A4><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO's stock rallied significantly yesterday after inspiring Q2 delivery numbers, which more than doubled.The company's financial performance suggests that management prioritizes growth at all costs, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4701957-nio-stock-q2-deliveries-growth-at-all-costs-may-not-last-maintain-sell?source=first_level_url%3Atrending-analysis%7Ccontent_type%3Aall%7Csection%3Acontent%7Cline%3A4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","09866":"蔚来-SW","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4701957-nio-stock-q2-deliveries-growth-at-all-costs-may-not-last-maintain-sell?source=first_level_url%3Atrending-analysis%7Ccontent_type%3Aall%7Csection%3Acontent%7Cline%3A4","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1155627702","content_text":"NIO's stock rallied significantly yesterday after inspiring Q2 delivery numbers, which more than doubled.The company's financial performance suggests that management prioritizes growth at all costs, which is unsustainable and harmful to shareholders in the long term.Valuation analysis suggests NIO's stock is overvalued, fair share price estimated at $1.36.IntroductionI remain bearish about NIO (NYSE:NIO) and want to reiterate my 'Strong Sell' rating for the stock. The stock declined by 2.4% since my previous thesis. My previous thesis could have looked even better, but the stock gained more than 6% yesterday after positive Q2 deliveries data. NIO's latest deliveries report is really impressive with sales more than doubling in Q2. On the other hand, this growth might be unsustainable because it looks like a 'growth at all costs'. I think so because Q1 financial performance was quite disappointing with soaring cash burn. NIO's profitability metrics are way behind its closest rivals, which also underscores prioritizing 'growth at all costs'. I expect more dilution soon, which will probably make NIO's unattractive valuation look even worse. Considering all these factors, I believe that NIO's yesterday rally was more a 'dead cat bounce' rather than a sustainable rebound.Fundamental analysisThe most fresh fundamental information about NIO is its Q2 2024 deliveries. The quarter's deliveries totaled 57,373 vehicles, increasing by 144% YoY. The increase is impressive, the market reacted by showing a big intraday rally. NIO's Q2 deliveries growth outperformed its closest rivals like Li Auto (LI) and XPeng (XPEV). On the other hand, Li Auto's deliveries are twice as high as NIO's. Growing against larger numbers is usually more difficult.NIO delivered a total of 87,426 during the first half of 2024, compared to 54,561 units in H1 2023. The increase is 60%. According to the last November's information, NIO's target for the full year is 230,000 units. With that being said, NIO needs to deliver 142,574 cars in H2 2024. Thus, NIO should demonstrate a 35% increase in deliveries during the second half of the year. This looks doable considering strong growth momentum of the Q2.NIO PLDespite the impressive growth in the volume of cars sold, NIO's financial performance is not improving. Of course, we do not have Q2 earnings yet, but financial metrics of Q1 were disappointing. The operating margin dipped below -50% and it was much weaker both compared YoY and QoQ. As a result, NIO's outstanding cash balance decreased by around $1.7 billion sequentially. The company's balance sheet continues shrinking at a notable speed. This will likely lead to the issuing of new shares, and the recent stability in the number of shares outstanding will be disrupted.ChartNIO's impressive H1 deliveries growth was likely achieved with a 'growth at all costs' strategy. I made this conclusion by comparing the company's profitability metrics with rivals. NIO's profitability still looks poor compared to LI and XPEV. Comparing with Li might be unfair due to the big gap in scales of these two companies. However, XPEV delivers less cars than NIO and its profitability metrics look better.NIO vs competitiosNIO's revenue per employee is two times lower than Li's and 25% lower compared to XPEV. This indicates that NIO does not prioritize efficient and profitable growth, which is not a sustainable approach to building value for shareholders.The management did not announce exact global expansion plans, but opening 'NIO houses' across Europe suggests that they had ambitious plans in this direction. The recent introduction of additional tariffs on Chinese EVs by the EU is a serious fundamental headwind for NIO's plans to expand internationally. Expansion to the U.S. market already looks impossible for Chinese EVs after Joe Biden introduced a 100% tariff.Valuation analysisI use the discounted cash flow ('DCF') approach to update my valuation analysis for NIO. I use a 12% WACC, as recommended by Finbox. I rely on the FY 2024 revenue consensus forecast of $9.38 billion and use a linear 17.15% CAGR for 2025-2028.Tesla's CFNIO is still not profitable and the level of uncertainty regarding the free cash flow margin is very high. However, Tesla (TSLA) first achieved sustainable positive FCF starting in FY 2019 (please see above) when it had already surpassed $20 billion in revenue. Therefore, I assume that to generate at least 1% in FCF, the company must surpass $15 billion in revenue. Therefore, I expect NIO to start generating positive FCF no earlier than FY 2027, with a slow expansion. According to Seeking Alpha, there are 2.07 billion outstanding NIO shares at the moment. I project a 4% constant growth rate because NIO operates in an industry that enjoys solid positive secular transitions.NIO valuationThe fair share price is $1.36, three times lower than yesterday's closing price. This financial model is very sensitive to changes in constant growth rate. However, even upgrading the rate to unrealistic 8% does not make NIO's stock attractively valued. Therefore, I do not find NIO's valuation attractive at all.KMMitigating factorsNIO's current 'growth at all costs' approach might be temporary. The management might prioritize this method for a limited time period just to gain momentum and gain popularity. This will help in expanding the company's market share and building brand loyalty. Once these goals are achieved, NIO might start aggressive cost-cutting to improve its profitability profile. However, it is quite a risky strategy because the competition is intensifying as more legacy automakers introduce plans to expand their all-electric models. Therefore, the possibility of such a scenario is quite low.ConclusionI do not believe in the sustainability of NIO's yesterday rally. The Q2 deliveries look impressive without looking at financial performance. However, peer analysis of profitability metrics together with recent historical trends suggest that NIO switched its approach to 'growth at all costs' which is unsustainable. The cash burn problem cannot be over-estimated and there will highly likely be more dilution soon. My fair share price estimate is much lower than the last close. All these factors make me reiterate a 'Strong sell' rating for NIO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259922089160904,"gmtCreate":1704467903821,"gmtModify":1704467907826,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Thanks for sharing.","listText":"Thanks for sharing.","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259922089160904","isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188546547618040,"gmtCreate":1687057597682,"gmtModify":1687057601297,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"A,B.C,D","listText":"A,B.C,D","text":"A,B.C,D","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188546547618040","repostId":"188088876126304","repostType":1,"repost":{"id":188088876126304,"gmtCreate":1686925492868,"gmtModify":1687180373120,"author":{"id":"3501196737273098","authorId":"3501196737273098","name":"Tiger_comments","avatar":"https://community-static.tradeup.com/news/227887b200e9925968650d5db4a8bfb3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3501196737273098","authorIdStr":"3501196737273098"},"themes":[],"title":"9th Anniversary Quiz: Investing & Tiger (7)","htmlText":"Hello, everyone! It’s time for quiz!!!!!!!Our seventh question is: Tiger Brokers has expanded into which international markets?Remember to write your answer in the comment section and repost!The eighth question will be released on Monday. Don’t forget to follow me and join the quiz!","listText":"Hello, everyone! It’s time for quiz!!!!!!!Our seventh question is: Tiger Brokers has expanded into which international markets?Remember to write your answer in the comment section and repost!The eighth question will be released on Monday. Don’t forget to follow me and join the quiz!","text":"Hello, everyone! It’s time for quiz!!!!!!!Our seventh question is: Tiger Brokers has expanded into which international markets?Remember to write your answer in the comment section and repost!The eighth question will be released on Monday. Don’t forget to follow me and join the quiz!","images":[{"img":"https://community-static.tradeup.com/news/6f2a775a9c1474bbe3d923942d1797e9","width":"1000","height":"1000"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188088876126304","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942181586,"gmtCreate":1681162570546,"gmtModify":1681162573370,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942181586","repostId":"9942195662","repostType":1,"repost":{"id":9942195662,"gmtCreate":1681147637656,"gmtModify":1681147764043,"author":{"id":"10000000000010709","authorId":"10000000000010709","name":"Kerry Lutz","avatar":"https://community-static.tradeup.com/news/a541bdfeca8c304bd12975e2c2ff9696","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"10000000000010709","authorIdStr":"10000000000010709"},"themes":[],"htmlText":"\n \n \n  Fed to Quit Raising Rates — Nick Santiago 4-10-23\n \n","listText":"Fed to Quit Raising Rates — Nick Santiago 4-10-23","text":"Fed to Quit Raising Rates — Nick Santiago 4-10-23","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942195662","isVote":1,"tweetType":2,"object":{"id":"c6837da6ee18478d9ff7bd3c0b321d0b","tweetId":"9942195662","title":"Fed to Quit Raising Rates — Nick Santiago 4-10-23","videoUrl":"http://v.tigerbbs.com/168114763206234fd5e814c6115686a1ca29a0933c216.mp4","poster":"https://static.tigerbbs.com/f82764a49a303cbfcd7be93027bc45b0","shareLink":"http://v.tigerbbs.com/168114763206234fd5e814c6115686a1ca29a0933c216.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941405257,"gmtCreate":1680508965080,"gmtModify":1680508969482,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941405257","repostId":"9941402789","repostType":1,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943251150,"gmtCreate":1679501777370,"gmtModify":1679501781332,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943251150","repostId":"9943259613","repostType":1,"repost":{"id":9943259613,"gmtCreate":1679501127132,"gmtModify":1679501130714,"author":{"id":"9000000000000417","authorId":"9000000000000417","name":"bouncyo","avatar":"https://static.tigerbbs.com/eb0370d3fa6e993a9a62f4b7ba0130a1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000417","authorIdStr":"9000000000000417"},"themes":[],"htmlText":"Zachs is one of the biggest bashers of AMD. AMD has been on its \"Strong Sell\" list since its price per share has been increasing dramatically. Why? Are they trying to help Short Sellers? If so, it's not working! AMD will prevail despite their futile attempts to get people to sell!<a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$</a>","listText":"Zachs is one of the biggest bashers of AMD. AMD has been on its \"Strong Sell\" list since its price per share has been increasing dramatically. Why? Are they trying to help Short Sellers? If so, it's not working! AMD will prevail despite their futile attempts to get people to sell!<a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$</a>","text":"Zachs is one of the biggest bashers of AMD. AMD has been on its \"Strong Sell\" list since its price per share has been increasing dramatically. Why? Are they trying to help Short Sellers? If so, it's not working! AMD will prevail despite their futile attempts to get people to sell!$Advanced Micro Devices(AMD)$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943259613","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943658792,"gmtCreate":1679428221216,"gmtModify":1679428225198,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943658792","repostId":"9943658352","repostType":1,"repost":{"id":9943658352,"gmtCreate":1679426917976,"gmtModify":1679426923297,"author":{"id":"3479274820474232","authorId":"3479274820474232","name":"winky9","avatar":"https://static.tigerbbs.com/9a2c539bd7eff494d3755975b44673ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3479274820474232","authorIdStr":"3479274820474232"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a> Since that entered a downtrend, the volume has gradually amplified, and it has now been trading sideways at a low level for more than several months. I believe that there will be funds involved. You can continue to observe, and if the price breaks through the low range,will follow up immediately.","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a> Since that entered a downtrend, the volume has gradually amplified, and it has now been trading sideways at a low level for more than several months. I believe that there will be funds involved. You can continue to observe, and if the price breaks through the low range,will follow up immediately.","text":"$Grab Holdings(GRAB)$ Since that entered a downtrend, the volume has gradually amplified, and it has now been trading sideways at a low level for more than several months. I believe that there will be funds involved. You can continue to observe, and if the price breaks through the low range,will follow up immediately.","images":[{"img":"https://community-static.tradeup.com/news/d8073268d3c251d5bb70a08b5f4c538f","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943658352","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943658488,"gmtCreate":1679428166144,"gmtModify":1679428170085,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943658488","repostId":"9949474532","repostType":1,"repost":{"id":9949474532,"gmtCreate":1678865276826,"gmtModify":1678865969989,"author":{"id":"3527667631258507","authorId":"3527667631258507","name":"VideoLounge","avatar":"https://static.tigerbbs.com/d2c50ee53d2487e186b3c414f8529d52","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667631258507","authorIdStr":"3527667631258507"},"themes":[],"htmlText":"\n \n \n  【Cramer's Mad Dash: People need to realize Nvidia is sitting on a gold mine】CNBC's Jim Cramer reports on where investors took their eyes off the prize. <a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>\n \n","listText":"【Cramer's Mad Dash: People need to realize Nvidia is sitting on a gold mine】CNBC's Jim Cramer reports on where investors took their eyes off the prize. <a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>","text":"【Cramer's Mad Dash: People need to realize Nvidia is sitting on a gold mine】CNBC's Jim Cramer reports on where investors took their eyes off the prize. $NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949474532","isVote":1,"tweetType":2,"object":{"id":"a4dc1f3d9888401288a93c8ac83ccafc","tweetId":"9949474532","videoUrl":"https://1254107296.vod2.myqcloud.com/e2ad4227vodcq1254107296/44b41b46243791580352091123/f0.mp4","poster":"https://community-static.tradeup.com/news/e356ced7895cf2244456f7d104111172"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949281146,"gmtCreate":1678689956786,"gmtModify":1678689960607,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949281146","repostId":"9949217672","repostType":1,"repost":{"id":9949217672,"gmtCreate":1678687098097,"gmtModify":1678704681842,"author":{"id":"4105602698459250","authorId":"4105602698459250","name":"Just Do It","avatar":"https://community-static.tradeup.com/news/0065856d6ff52bb9d60767d0a25af22c","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4105602698459250","authorIdStr":"4105602698459250"},"themes":[],"title":"The top 10 largest bank failures in US history","htmlText":"The top 10 largest bank failures in US history have had significant consequences on the financial market and investors. Here's a detailed analysis of each event and its impact:1. Washington Mutual:In 2008, Washington Mutual (WaMu) was the largest bank failure in US history, with total assets of $307 billion. WaMu's collapse was a significant event in the global financial crisis and had far-reaching consequences on the US economy. The bank's excessive risk-taking and exposure to subprime mortgages led to its downfall, resulting in billions of dollars in losses for its shareholders and depositors. The market response was swift, with the Dow Jones Industrial Average losing over 500 points in a single day. The failure of WaMu led to a decline in consumer confidence, tightening of credit market","listText":"The top 10 largest bank failures in US history have had significant consequences on the financial market and investors. Here's a detailed analysis of each event and its impact:1. Washington Mutual:In 2008, Washington Mutual (WaMu) was the largest bank failure in US history, with total assets of $307 billion. WaMu's collapse was a significant event in the global financial crisis and had far-reaching consequences on the US economy. The bank's excessive risk-taking and exposure to subprime mortgages led to its downfall, resulting in billions of dollars in losses for its shareholders and depositors. The market response was swift, with the Dow Jones Industrial Average losing over 500 points in a single day. The failure of WaMu led to a decline in consumer confidence, tightening of credit market","text":"The top 10 largest bank failures in US history have had significant consequences on the financial market and investors. Here's a detailed analysis of each event and its impact:1. Washington Mutual:In 2008, Washington Mutual (WaMu) was the largest bank failure in US history, with total assets of $307 billion. WaMu's collapse was a significant event in the global financial crisis and had far-reaching consequences on the US economy. The bank's excessive risk-taking and exposure to subprime mortgages led to its downfall, resulting in billions of dollars in losses for its shareholders and depositors. The market response was swift, with the Dow Jones Industrial Average losing over 500 points in a single day. The failure of WaMu led to a decline in consumer confidence, tightening of credit market","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949217672","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940404172,"gmtCreate":1678087838096,"gmtModify":1678087841817,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940404172","repostId":"9940402550","repostType":1,"repost":{"id":9940402550,"gmtCreate":1678086149670,"gmtModify":1678087327288,"author":{"id":"9000000000000400","authorId":"9000000000000400","name":"InvestwithPete","avatar":"https://community-static.tradeup.com/news/c974f0a2138f1ee19b8384ce0f2e38d3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000400","authorIdStr":"9000000000000400"},"themes":[],"htmlText":"\n \n \n  All the HDB Changes You Must Know\n \n","listText":"All the HDB Changes You Must Know","text":"All the HDB Changes You Must Know","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940402550","isVote":1,"tweetType":2,"object":{"id":"f8d1e604d53d44e88554a3f3d5b454b4","tweetId":"9940402550","title":"All the HDB Changes You Must Know","videoUrl":"http://v.tigerbbs.com/16780861415362a17674b16b6c48576d9245d386576f3.mp4","poster":"https://static.tigerbbs.com/083bf628fe8a6eb49a3c22a1472d75ee","shareLink":"http://v.tigerbbs.com/16780861415362a17674b16b6c48576d9245d386576f3.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940890525,"gmtCreate":1677794603967,"gmtModify":1677794607730,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940890525","repostId":"9940890128","repostType":1,"repost":{"id":9940890128,"gmtCreate":1677794266465,"gmtModify":1677794270977,"author":{"id":"9000000000000170","authorId":"9000000000000170","name":"AdamDavis","avatar":"https://static.tigerbbs.com/7eb1cb09f8f55a20c6228dcc5f1ec806","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000170","authorIdStr":"9000000000000170"},"themes":[],"htmlText":"Another big red flag with&nbsp;<a href=\"https://ttm.financial/S/AI\">$C3.ai, Inc.(AI)$</a> is they don't have many customers. Cracking open the 2022 10K, Baker Hughes accounted most of its revenueAm I incorrect here? ~105M in sales from&nbsp;<a href=\"https://ttm.financial/S/BKR\">$Baker Hughes(BKR)$</a> when they had only had ~253M in total revenue. That's 40% of yearly revenue from one customer","listText":"Another big red flag with&nbsp;<a href=\"https://ttm.financial/S/AI\">$C3.ai, Inc.(AI)$</a> is they don't have many customers. Cracking open the 2022 10K, Baker Hughes accounted most of its revenueAm I incorrect here? ~105M in sales from&nbsp;<a href=\"https://ttm.financial/S/BKR\">$Baker Hughes(BKR)$</a> when they had only had ~253M in total revenue. That's 40% of yearly revenue from one customer","text":"Another big red flag with $C3.ai, Inc.(AI)$ is they don't have many customers. Cracking open the 2022 10K, Baker Hughes accounted most of its revenueAm I incorrect here? ~105M in sales from $Baker Hughes(BKR)$ when they had only had ~253M in total revenue. That's 40% of yearly revenue from one customer","images":[{"img":"https://community-static.tradeup.com/news/57f519dbd03cb27fedb0239955bf895e","width":"-1","height":"-1"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940890128","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951964453,"gmtCreate":1673387151973,"gmtModify":1676538827561,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951964453","isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953511157,"gmtCreate":1673281389980,"gmtModify":1676538811635,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953511157","isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953890329,"gmtCreate":1673213175362,"gmtModify":1676538798969,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"How will the market performs in 2023? Has beenbitterly sweet since Covid and lots of lessons learnt. Need to be smart and mitigate for a correct move. Good luck to us all! May 2023 be a fruitfulyear! Let's go!!","listText":"How will the market performs in 2023? Has beenbitterly sweet since Covid and lots of lessons learnt. Need to be smart and mitigate for a correct move. Good luck to us all! May 2023 be a fruitfulyear! Let's go!!","text":"How will the market performs in 2023? Has beenbitterly sweet since Covid and lots of lessons learnt. Need to be smart and mitigate for a correct move. Good luck to us all! May 2023 be a fruitfulyear! Let's go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953890329","isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953807050,"gmtCreate":1673212883471,"gmtModify":1676538798938,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953807050","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953804612,"gmtCreate":1673212864637,"gmtModify":1676538798881,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953804612","isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953805789,"gmtCreate":1673212469141,"gmtModify":1676538798865,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953805789","repostId":"1114427444","repostType":4,"repost":{"id":"1114427444","kind":"news","pubTimestamp":1673144132,"share":"https://ttm.financial/m/news/1114427444?lang=&edition=fundamental","pubTime":"2023-01-08 10:15","market":"us","language":"en","title":"ZM, NTLA, or SQ: Which Cathie Wood ARKK Stock Is Most Appealing in 2023?","url":"https://stock-news.laohu8.com/highlight/detail?id=1114427444","media":"TipRanks","summary":"Story HighlightsCathie Wood’s ARK Innovation ETF fell 67% last year as rising interest rates and mac","content":"<div>\n<p>Story HighlightsCathie Wood’s ARK Innovation ETF fell 67% last year as rising interest rates and macro uncertainties impacted its holdings. We’ll discuss three stocks from the ARK Innovation ETF and ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/zm-ntla-or-sq-which-cathie-woods-arkk-etf-stock-seems-more-appealing-in-2023\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>ZM, NTLA, or SQ: Which Cathie Wood ARKK Stock Is Most Appealing in 2023?</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\">\nZM, NTLA, or SQ: Which Cathie Wood ARKK Stock Is Most Appealing in 2023?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-08 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/zm-ntla-or-sq-which-cathie-woods-arkk-etf-stock-seems-more-appealing-in-2023><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsCathie Wood’s ARK Innovation ETF fell 67% last year as rising interest rates and macro uncertainties impacted its holdings. We’ll discuss three stocks from the ARK Innovation ETF and ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/zm-ntla-or-sq-which-cathie-woods-arkk-etf-stock-seems-more-appealing-in-2023\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","ARKK":"ARK Innovation ETF","ZM":"Zoom","NTLA":"Intellia Therapeutics Inc"},"source_url":"https://www.tipranks.com/news/article/zm-ntla-or-sq-which-cathie-woods-arkk-etf-stock-seems-more-appealing-in-2023","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114427444","content_text":"Story HighlightsCathie Wood’s ARK Innovation ETF fell 67% last year as rising interest rates and macro uncertainties impacted its holdings. We’ll discuss three stocks from the ARK Innovation ETF and pick the most attractive one as per Wall Street analysts.Ark Innovation ETF (NYSEARCA:ARKK),Cathie Wood’s flagship fund, plunged 67% in 2022 as continued rate hikes hammered growth stocks. As perBloomberg, the fund still saw an inflow of $1.3 billion in 2022. Nonetheless, inflows were way below $4.6 billion and $9.6 billion in 2021 and 2020, respectively. While additional rate hikes might weigh on ARKK holdings in the near term, some of the stocks in the fund could be attractive long-term picks. We usedTipRanks’ Stock Comparison Toolto compare Zoom Video (NASDAQ:ZM), Intellia Therapeutics (NASDAQ:NTLA), and Block (NYSE:SQ) to select the most attractive ARKK stock for 2023.Zoom Video Communications (NASDAQ:ZM)Once a pandemic darling,Zoom stock plunged 63% in 2022as pandemic tailwinds faded following the reopening of the economy. The video conferencing platform is also facing increased competition, especially from Microsoft (MSFT) Teams.While Zoom’s revenue growth has slowed down considerably, the company’s Enterprise business is delivering strong performance. In Q3 FY23 (ended October 31, 2022), overallrevenue grew 5% to $1.1 billion, with Enterprise revenue rising 20% to $614 million. The number of Enterprise customers increased 14% from the prior-year quarter to about 209,300 in Q3. Moreover, the number of customers contributing more than $100,000 in revenue in the trailing 12 months increased 31% to 3,286.Is Zoom Video a Good Stock?Recently, Wedbush analyst Taz Koujalgi initiated coverage of Zoom Video stock with a Hold rating and a price target of $80. Koujalgi is concerned about the competitive backdrop due to pricing pressure in the Voice and Unified communications as a service (UCaaS) space, and the bundling of products by rivals, like Microsoft, with their broader portfolio.The analyst is also worried about the company’s 2024 guidance missing the Street’s estimates. Overall, Koujalgi believes ZM stock’s risk/reward profile is balanced at the current valuation of 12-times 2025 Enterprise Value /free cash flow (EV/FCF).Wall Street has a Hold consensus rating for Zoom Video stock based on seven Buys, 16 Holds, and two Sells. The average Zoom stock price target of $86.81 implies about 25% upside potential from current levels.Intellia Therapeutics (NASDAQ:NTLA)Intellia Therapeutics is a clinical-stage genome editing company focused on developing potentially curative therapies based on CRISPR-based technologies.Intellia stock plunged over 70% in 2022as tough market conditions made investors avoid speculative biotech plays.On January 5, 2023, the company announced its strategic priorities for 2023 to 2024, the most important being the initiation of global pivotal trials for its first two investigational “in vivo” CRISPR-based therapies – NTLA-2001 for transthyretin (ATTR) amyloidosis and NTLA-2002 for hereditary angioedema.Is Intellia a Buy?Following the recent update on strategic priorities, William Blair analystRaju Prasadfeels that clinical updates in 2023 and longer-term follow-up from the ongoing Phase I studies of NTLA-2001 and NTLA-2002 could be key catalysts for the company. Prasad believes that Intellia is currently a leader for “in vivo gene editing,” based on the data revealed till now about NTLA-2001. Blair reiterated a Buy rating for NTLA stock.All in all, Wall Street has a Strong Buy consensus rating for NTLA stock, with 15 Buys and three Holds. At $102.11, the average NTLA stock price target implies 168% upside potential.Block (NASDAQ:SQ)Macro pressures, crypto turmoil, and fears of an economic downturn pulled downshares of fintech platform Block by 61% in 2022. Despite a challenging market, Block reported upbeat results for the third quarter of 2022, driven by strength across its Cash App (peer-to-peer solutions) and Square (comprises solutions for merchants) ecosystems.Q3 revenue grew 17% to $4.52 billion, driven by 12% growth in Cash App revenue and a 27% rise in Square ecosystem’s revenue. Adjusted EPS jumped 68% to $0.42, fueled by a strong rise in gross profits of its two ecosystems. The company is reducing its expenses across several areas and driving further efficiency to improve profitability.Block is strengthening its business by introducing new financial solutions in both its ecosystems and rapidly expanding its Square ecosystem in international markets. Furthermore, it sees strong prospects in the lucrative buy now, pay later space, thanks to its AfterPay acquisition.Is Block a Buy or Sell?Earlier this week, Baird analyst David Koning upgraded Block stock to a Buy from Hold as he feels that “sentiment can improve as growth should remain good in 2023 and margins ramp.” The analyst raised his price target for SQ stock to $78 from $62.Koning highlighted certain long-term positives for Block, like Seller solutions winning market share despite moderating growth, Cash App’s rapidly growing financial network, different ecosystem from rivals, and the ongoing integration with AfterPay.Overall, the Street has a Strong Buy consensus rating for Square stock based on 21 Buys, four Holds, and one Sell. The average SQ stock price prediction of $87 suggests 26.1% upside potential.ConclusionThe three stocks discussed here feature among the top ten holdings of Cathie Wood’s ARK Innovation ETF. While Zoom Video is the top holding of ARKK ETF and constitutes 9.3% of the overall fund, analysts are sidelined on the stock. Wall Street is bullish about the long-term prospects of Block and Intellia, and sees higher upside potential in Intellia stock following a steep pullback last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953805550,"gmtCreate":1673212452170,"gmtModify":1676538798863,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953805550","repostId":"2301757240","repostType":4,"repost":{"id":"2301757240","kind":"news","pubTimestamp":1673145030,"share":"https://ttm.financial/m/news/2301757240?lang=&edition=fundamental","pubTime":"2023-01-08 10:30","market":"us","language":"en","title":"Japan PM Says Careful Explanation Needed on Monetary Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=2301757240","media":"Bloomberg","summary":"Japanese Prime Minister Fumio Kishida said careful explanation and communication with markets would ","content":"<html><head></head><body><p>Japanese Prime Minister Fumio Kishida said careful explanation and communication with markets would be part of consideration on monetary policy, when asked about possible future changes in the Bank of Japan’s ultra-loose policy.</p><p>His comments in a live interview with public broadcaster NHK came after central bank governor Haruhiko Kuroda last month shocked markets by saying he would allow Japan’s 10-year bond yields to rise to about 0.5%, double the previous upper limit of 0.25%.</p><p>“We need a firm grasp on the outlook,” Kishida said in response to a question about future changes in policy. “We will consider the situation, including careful explanation and communication with markets.”</p><p>Kishida said it was important to pick the most appropriate person to replace Kuroda when his term ends in April and that he would continue to discuss relations between the government and central bank with the new governor.</p><p>He said the basic aim remained to achieve economic growth that would bring about structural rises in wages and stable prices. Last week data showed that inflation-adjusted pay had fallen by its biggest margin since 2014.</p><p>Asked about the timing of the next general election, Kishida said he would do what needs to be done and go to the people at an appropriate time.</p></body></html>","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>Japan PM Says Careful Explanation Needed on Monetary Policy</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\">\nJapan PM Says Careful Explanation Needed on Monetary Policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-08 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-08/japan-pm-says-careful-explanation-needed-on-monetary-policy><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Japanese Prime Minister Fumio Kishida said careful explanation and communication with markets would be part of consideration on monetary policy, when asked about possible future changes in the Bank of...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-08/japan-pm-says-careful-explanation-needed-on-monetary-policy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","BK4075":"烟草","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","BK4566":"资本集团","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-08/japan-pm-says-careful-explanation-needed-on-monetary-policy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301757240","content_text":"Japanese Prime Minister Fumio Kishida said careful explanation and communication with markets would be part of consideration on monetary policy, when asked about possible future changes in the Bank of Japan’s ultra-loose policy.His comments in a live interview with public broadcaster NHK came after central bank governor Haruhiko Kuroda last month shocked markets by saying he would allow Japan’s 10-year bond yields to rise to about 0.5%, double the previous upper limit of 0.25%.“We need a firm grasp on the outlook,” Kishida said in response to a question about future changes in policy. “We will consider the situation, including careful explanation and communication with markets.”Kishida said it was important to pick the most appropriate person to replace Kuroda when his term ends in April and that he would continue to discuss relations between the government and central bank with the new governor.He said the basic aim remained to achieve economic growth that would bring about structural rises in wages and stable prices. Last week data showed that inflation-adjusted pay had fallen by its biggest margin since 2014.Asked about the timing of the next general election, Kishida said he would do what needs to be done and go to the people at an appropriate time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953805280,"gmtCreate":1673212438841,"gmtModify":1676538798857,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953805280","repostId":"2301475181","repostType":4,"repost":{"id":"2301475181","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":1673140820,"share":"https://ttm.financial/m/news/2301475181?lang=&edition=fundamental","pubTime":"2023-01-08 09:20","market":"us","language":"en","title":"Earnings Season Will Test the Market’s Great Start","url":"https://stock-news.laohu8.com/highlight/detail?id=2301475181","media":"Dow Jones","summary":"Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor marke","content":"<html><head></head><body><p>Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.</p><p>It was the kind of release that makes an oft-wished-for soft landing seem almost possible.</p><p>If job growth can continue without fueling a wage-price spiral, then perhaps it won&#39;t take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.</p><p>So goes the bullish thinking.</p><p>That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&amp;P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.</p><p>If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It&#39;s another sign that investors expect the Fed to change its tune. They hope Friday&#39;s jobs report sent the Fed a message -- its job is almost done.</p><p><img src=\"https://static.tigerbbs.com/d8d660bff719b54ee732ddb0da0da2f9\" tg-width=\"955\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>One data point, however, won&#39;t be enough to change the Fed&#39;s mind. The market will be looking to December&#39;s consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed&#39;s next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.</p><p>But it&#39;s not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&amp;P 500 will report over the following month and a half.</p><p>Few are expecting a good fourth quarter. In aggregate, S&amp;P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.</p><p>Analysts&#39; current estimate would bring 2022 S&amp;P 500 EPS to $219.80, which would be up 5.6% for the year. It&#39;s likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.</p><p>The earnings slump won&#39;t hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.</p><p>On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&amp;P 500&#39;s EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.</p><p>But those beats might not matter if companies can&#39;t provide at least a decent outlook for 2023.</p><p>The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&amp;P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron&#39;s in December calls for a 2.7% decline in S&amp;P 500 profits in 2023 to an average of $214 per share.</p><p>The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That&#39;s largely in line with the Fed&#39;s view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.</p><p>Needless to say, that&#39;s not a winning combination for stocks -- no matter what the jobs report said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Season Will Test the Market’s Great Start</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\">\nEarnings Season Will Test the Market’s Great Start\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\">2023-01-08 09:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.</p><p>It was the kind of release that makes an oft-wished-for soft landing seem almost possible.</p><p>If job growth can continue without fueling a wage-price spiral, then perhaps it won&#39;t take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.</p><p>So goes the bullish thinking.</p><p>That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&amp;P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.</p><p>If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It&#39;s another sign that investors expect the Fed to change its tune. They hope Friday&#39;s jobs report sent the Fed a message -- its job is almost done.</p><p><img src=\"https://static.tigerbbs.com/d8d660bff719b54ee732ddb0da0da2f9\" tg-width=\"955\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>One data point, however, won&#39;t be enough to change the Fed&#39;s mind. The market will be looking to December&#39;s consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed&#39;s next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.</p><p>But it&#39;s not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&amp;P 500 will report over the following month and a half.</p><p>Few are expecting a good fourth quarter. In aggregate, S&amp;P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.</p><p>Analysts&#39; current estimate would bring 2022 S&amp;P 500 EPS to $219.80, which would be up 5.6% for the year. It&#39;s likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.</p><p>The earnings slump won&#39;t hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.</p><p>On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&amp;P 500&#39;s EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.</p><p>But those beats might not matter if companies can&#39;t provide at least a decent outlook for 2023.</p><p>The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&amp;P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron&#39;s in December calls for a 2.7% decline in S&amp;P 500 profits in 2023 to an average of $214 per share.</p><p>The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That&#39;s largely in line with the Fed&#39;s view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.</p><p>Needless to say, that&#39;s not a winning combination for stocks -- no matter what the jobs report said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空",".DJI":"道琼斯","JPM":"摩根大通",".IXIC":"NASDAQ Composite","BAC":"美国银行","UNH":"联合健康",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301475181","content_text":"Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.It was the kind of release that makes an oft-wished-for soft landing seem almost possible.If job growth can continue without fueling a wage-price spiral, then perhaps it won't take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.So goes the bullish thinking.That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It's another sign that investors expect the Fed to change its tune. They hope Friday's jobs report sent the Fed a message -- its job is almost done.One data point, however, won't be enough to change the Fed's mind. The market will be looking to December's consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed's next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.But it's not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&P 500 will report over the following month and a half.Few are expecting a good fourth quarter. In aggregate, S&P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.Analysts' current estimate would bring 2022 S&P 500 EPS to $219.80, which would be up 5.6% for the year. It's likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.The earnings slump won't hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&P 500's EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.But those beats might not matter if companies can't provide at least a decent outlook for 2023.The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron's in December calls for a 2.7% decline in S&P 500 profits in 2023 to an average of $214 per share.The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That's largely in line with the Fed's view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.Needless to say, that's not a winning combination for stocks -- no matter what the jobs report said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953805631,"gmtCreate":1673212423724,"gmtModify":1676538798856,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953805631","repostId":"2301731161","repostType":4,"repost":{"id":"2301731161","kind":"highlight","pubTimestamp":1673142729,"share":"https://ttm.financial/m/news/2301731161?lang=&edition=fundamental","pubTime":"2023-01-08 09:52","market":"us","language":"en","title":"2 Growth Stocks to Buy Hand Over Fist in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2301731161","media":"Motley Fool","summary":"Microsoft and Alphabet remain strong ways to invest in the ever-expanding tech market.","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>After a sell-off in 2022, many growth stocks are now trading at a bargain.</li><li>Microsoft is a compelling option with its growing market share in several promising industries.</li><li>Meanwhile, Alphabet is the king of a lucrative market with plenty of room for growth.</li></ul><p>The start of a new year is an excellent time to add to your portfolio, with plenty of opportunities for growth ahead. A sell-off in 2022 has put numerous stocks on sale this January, including growth stocks that will likely provide significant gains over the long term.</p><p>For example, <b>Microsoft</b> and <b>Alphabet</b> have watched their stocks tumble over the last year. However, these companies have continued to report revenue growth despite a poor economic climate.</p><p>As investing star Warren Buffett has said, &#34;If you aren&#39;t willing to own a stock for 10 years, don&#39;t even think about owning it for 10 minutes.&#34; Holding strong growth stocks for the long term can safeguard your portfolio from macroeconomic declines, as has been the case in the last year. Microsoft has retained 151% growth in its shares since 2018, while Alphabet has grown 57% in the same period, even with a recent sell-off.</p><p>Here are two growth stocks to buy hand over fist in 2023.</p><h2>1. Microsoft</h2><p>Microsoft&#39;s stock is easy to recommend with its triple-digit stock growth in the last five years and its strong position in multiple lucrative industries. The company&#39;s home-grown brands, such as Windows, Office, Xbox, and Azure, have become powerful forces within their respective industries and provide a promising future for the tech titan. In fact, its average 12-month price target is 33% higher than its Jan. 5 price of $222.31, with analysts expecting it to hit $295.17.</p><p>From 2015 to 2022, Microsoft&#39;s revenue increased by 112% from $93.58 billion to $198.27 billion, while operating income more than quadrupled from $17.98 billion to $83.28 billion. In 2022, the company&#39;s earnings remained on an upward trajectory despite coming off a challenging year.</p><p>Moreover, one of the most attractive aspects of Microsoft&#39;s stock is its considerable market share in several swiftly growing industries. For instance, the cloud computing market was worth $368.97 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 15.7% until 2030 (per Grand View Research), making Azure&#39;s 21% market share in the industry encouraging.</p><p>Along with leading positions in operating systems, productivity software, and gaming, Microsoft is a no-brainer investment in 2023. The company&#39;s stock is one you can buy now and sit back as it passively makes money indefinitely.</p><h2>2. Alphabet</h2><p>Investors have dragged down Alphabet shares 37% over the last year as Wall Street has grown uneasy over its advertising-dependent business. In August, Insider Intelligence reported ad spending had fallen 3.3% since the year before, decreasing for the third month in a row. However, the decline improved over July, when spending fell 12.7%. Rises in inflation and interest rates throughout last year led businesses to slash budgets, including advertising expenditures.</p><p>As nearly 80% of Alphabet&#39;s revenue is earned through ads on services such as Google, YouTube, and Android, investors justifiably grew concerned in 2022. However, economic headwinds are temporary, and the digital advertising market still has plenty of room for growth. According to research from Omdia, the digital advertising market was worth $190 billion in 2022 and will almost double to $362 billion by 2027.</p><p>Additionally, more online industries are turning to digital ads to boost revenue and reduce service fees for consumers as the cost of living rises. In 2022, demand for ad-supported options in the streaming industry skyrocketed, prompting entertainment giants <b>Netflix</b> and <b>Disney</b> to fully embrace the trend. The potential for other online businesses to do the same is endless, with Alphabet well positioned to reap the rewards.</p><p>In the third quarter of 2022, Alphabet&#39;s revenue increased 6% year over year to $69.1 billion, with operating income hitting $17.1 billion. As expected, revenue from YouTube ads and Google Network declined slightly. However, its Google Cloud segment increased by 37.6% to $6.8 billion, growing more than any other cloud computing service in the quarter.</p><p>Despite investor concern for Alphabet&#39;s business in 2022, the growth stock remains a compelling buy. The company&#39;s core business has plenty of room for growth in the coming years, with its quickly expanding position in cloud computing making it an excellent investment in 2023.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Growth Stocks to Buy Hand Over Fist in 2023</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\">\n2 Growth Stocks to Buy Hand Over Fist in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-08 09:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/07/2-growth-stocks-to-buy-hand-over-fist-in-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSAfter a sell-off in 2022, many growth stocks are now trading at a bargain.Microsoft is a compelling option with its growing market share in several promising industries.Meanwhile, Alphabet ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/07/2-growth-stocks-to-buy-hand-over-fist-in-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0109392836.USD":"富兰克林科技股A","MSFT":"微软","BK4550":"红杉资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4573":"虚拟现实","BK4527":"明星科技股","BK4581":"高盛持仓","LU0861579265.USD":"联博低波幅策略股票基金A","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU1046421795.USD":"富达环球科技A-ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","GOOG":"谷歌","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","GOOGL":"谷歌A","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0072462426.USD":"贝莱德全球配置 A2","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4507":"流媒体概念","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","BK4535":"淡马锡持仓","BK4577":"网络游戏","LU0234572021.USD":"高盛美国核心股票组合Acc"},"source_url":"https://www.fool.com/investing/2023/01/07/2-growth-stocks-to-buy-hand-over-fist-in-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301731161","content_text":"KEY POINTSAfter a sell-off in 2022, many growth stocks are now trading at a bargain.Microsoft is a compelling option with its growing market share in several promising industries.Meanwhile, Alphabet is the king of a lucrative market with plenty of room for growth.The start of a new year is an excellent time to add to your portfolio, with plenty of opportunities for growth ahead. A sell-off in 2022 has put numerous stocks on sale this January, including growth stocks that will likely provide significant gains over the long term.For example, Microsoft and Alphabet have watched their stocks tumble over the last year. However, these companies have continued to report revenue growth despite a poor economic climate.As investing star Warren Buffett has said, \"If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.\" Holding strong growth stocks for the long term can safeguard your portfolio from macroeconomic declines, as has been the case in the last year. Microsoft has retained 151% growth in its shares since 2018, while Alphabet has grown 57% in the same period, even with a recent sell-off.Here are two growth stocks to buy hand over fist in 2023.1. MicrosoftMicrosoft's stock is easy to recommend with its triple-digit stock growth in the last five years and its strong position in multiple lucrative industries. The company's home-grown brands, such as Windows, Office, Xbox, and Azure, have become powerful forces within their respective industries and provide a promising future for the tech titan. In fact, its average 12-month price target is 33% higher than its Jan. 5 price of $222.31, with analysts expecting it to hit $295.17.From 2015 to 2022, Microsoft's revenue increased by 112% from $93.58 billion to $198.27 billion, while operating income more than quadrupled from $17.98 billion to $83.28 billion. In 2022, the company's earnings remained on an upward trajectory despite coming off a challenging year.Moreover, one of the most attractive aspects of Microsoft's stock is its considerable market share in several swiftly growing industries. For instance, the cloud computing market was worth $368.97 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 15.7% until 2030 (per Grand View Research), making Azure's 21% market share in the industry encouraging.Along with leading positions in operating systems, productivity software, and gaming, Microsoft is a no-brainer investment in 2023. The company's stock is one you can buy now and sit back as it passively makes money indefinitely.2. AlphabetInvestors have dragged down Alphabet shares 37% over the last year as Wall Street has grown uneasy over its advertising-dependent business. In August, Insider Intelligence reported ad spending had fallen 3.3% since the year before, decreasing for the third month in a row. However, the decline improved over July, when spending fell 12.7%. Rises in inflation and interest rates throughout last year led businesses to slash budgets, including advertising expenditures.As nearly 80% of Alphabet's revenue is earned through ads on services such as Google, YouTube, and Android, investors justifiably grew concerned in 2022. However, economic headwinds are temporary, and the digital advertising market still has plenty of room for growth. According to research from Omdia, the digital advertising market was worth $190 billion in 2022 and will almost double to $362 billion by 2027.Additionally, more online industries are turning to digital ads to boost revenue and reduce service fees for consumers as the cost of living rises. In 2022, demand for ad-supported options in the streaming industry skyrocketed, prompting entertainment giants Netflix and Disney to fully embrace the trend. The potential for other online businesses to do the same is endless, with Alphabet well positioned to reap the rewards.In the third quarter of 2022, Alphabet's revenue increased 6% year over year to $69.1 billion, with operating income hitting $17.1 billion. As expected, revenue from YouTube ads and Google Network declined slightly. However, its Google Cloud segment increased by 37.6% to $6.8 billion, growing more than any other cloud computing service in the quarter.Despite investor concern for Alphabet's business in 2022, the growth stock remains a compelling buy. The company's core business has plenty of room for growth in the coming years, with its quickly expanding position in cloud computing making it an excellent investment in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9960038465,"gmtCreate":1668029678557,"gmtModify":1676537999180,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9960038465","repostId":"1174844507","repostType":4,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984199018,"gmtCreate":1667554003035,"gmtModify":1676537936905,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9984199018","repostId":"2280054198","repostType":4,"repost":{"id":"2280054198","kind":"highlight","pubTimestamp":1667551598,"share":"https://ttm.financial/m/news/2280054198?lang=&edition=fundamental","pubTime":"2022-11-04 16:46","market":"us","language":"en","title":"Meta Platforms Is Cheap For A Reason","url":"https://stock-news.laohu8.com/highlight/detail?id=2280054198","media":"seekingalpha","summary":"SummaryMeta Platforms' social media business is operating in inherently different market conditions ","content":"<html><head></head><body><p>Summary</p><ul><li>Meta Platforms&#39; social media business is operating in inherently different market conditions than in previous years.</li><li>The success of the Reality Labs business is uncertain despite massive investments.</li><li>Even if the success of Reality Labs is guaranteed, it will likely be a multi-year if not decade-long process for Meta.</li></ul><h2>Introduction</h2><p>When the price of a stock is cheap, there are usually two possible explanations for the phenomenon. One, the market may be misunderstanding the company in question, causing the stock to plummet and be undervalued. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>, the company&#39;s fundamentals are inherently changing.</p><p>For <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (NASDAQ:META), I believe the reasoning behind the stock&#39;s plummet comes from the latter explanation. Meta is fundamentally changing. It is not the Facebook investors used to know. Thus, analyzing and creating financial modeling as such may create a false perception that Meta is undervalued today due to the market&#39;s misunderstanding.</p><p>Instead, I believe investors should focus on the new trajectory of the company, the metaverse, and ask if the risk that follows this investment is worth it. Meta is investing and plans to continue investing tens of billions of dollars into its Reality Lab business to create a virtual world where Meta controls both the hardware and the software. While this plan may work in the long term, to date, the business is seeing no traction with further risks and uncertainty in the future; therefore, I believe Meta is a sell despite its low valuation.</p><h2>Meta Is Not A Facebook</h2><p>Numerous investors continue to see Meta as an extension of Facebook, saying that the change of tone in the macroeconomic environment will bring Meta back into its growth trajectory as a result of a strong social media business. However, I believe looking at Meta from Facebook&#39;s lens can be misleading.</p><p>Before Facebook became Meta, the company&#39;s primary focus was on its social media platform and its advertisement business. With a dominant market position, the company had strong growth and margins. Today, this relatively traditional business is permanently under pressure from Apple (AAPL) and TikTok. The company&#39;s advertising business is in an inherently different environment than it was a few years ago.</p><p>After Apple&#39;s implementation of privacy controls, it became harder for Meta to provide targeted ads, hurting both the top and bottom lines totaling by about $10 billion dollars a year. Unfortunately, Apple&#39;s new privacy policy is not a one-year event. Apple will continue this policy and likely strengthen it going forward, providing a continued challenging environment for Meta.</p><p>Further, TikTok is surging in popularity in the younger populations around the world, eating away screen time from Meta&#39;s family of apps. TikTok has already surpassed Twitter (TWTR) and Snapchat (SNAP) and is on track to tackling Meta with its surging popularity. Unless some significant event such as the total banning of TikTok occurs, a social trend will likely persist, especially as TikTok&#39;s primary customers are young. Thus, even after the advertisement market comes back, Meta&#39;s social media portfolio will likely not be able to perform the same way as it has before.</p><p>Meta&#39;s lack of control over the hardware that its software performs upon has created an environment where Meta could not do anything about Apple&#39;s new policies. Thus, to mitigate these risks in the future, Meta is going all-in on controlling both the hardware and the software in the metaverse. Meta has long changed its primary focus on the metaverse, and, given the current risks involving Apple and TikTok, I do not see Meta returning to its past glory even when the advertising market comes back.</p><h2>The Reality of Reality Labs Business</h2><p>Meta&#39;s Reality Labs business has seen no traction despite massive investments and losses, to date. The chart below is a revenue graph of Meta&#39;s Reality Labs business since 2021Q2. In 2021, it seemed like the company&#39;s vision was gaining traction; however, after consumers&#39; initial interest in the product, it quickly cooled, causing continued sequential revenue decline throughout 2022. In fact, in 2022Q3, the Reality Lab revenue was lower than in 2021Q3.<img src=\"https://static.tigerbbs.com/76af9786fbdcca68f22d050c627393f1\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>Meta <i>[Sources: 2021Q4, 2022Q2, 2022Q3.]</i></p><p>Further, the chart below shows the Reality Lab&#39;s operating loss in billions of dollars since 2021Q2. It shows that the company&#39;s losses have continued to increase even in times of revenue growth in 2021. Also, during the 2022Q3 earnings call, the management team signaled that the Reality Labs investment will further increase by saying that the company &#34;expect[s] Reality Labs expenses [to] increase meaningfully again in 2023.&#34;</p><p><img src=\"https://static.tigerbbs.com/e27b86c868e1dc0be794d44bde063114\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>Meta <i>[Source: 2021Q4, 2022Q2, 2022Q3.]</i></p><p>Meta is doubling down on its dream of making the metaverse a reality for everybody. The company is set on continuing its multi-billion dollar investment in the Reality Labs project despite the business seeing no real traction. Further, in times of a slowing advertisement market with inherent risk to Meta&#39;s social media platforms, I believe investors should not sit and take the risks associated with Reality Labs.</p><h2>Can Reality Labs Succeed...In time?</h2><p>On top of the staggering and growing losses, I believe investors should also determine if Meta&#39;s investment in the metaverse will eventually pay off in the future. While it may, I believe this future is full of uncertainties. Because, even if the future is the metaverse, I believe Meta might be too early in the game, similar to the dot.com bubble. The Internet was the future, but everyone was too early. We did not see search engines, online shopping, video streaming, and more until nearly 2010.</p><p>Similarly, with today&#39;s technology, it is impossible to make the metaverse experience good enough for current consumers to switch to a new way of life. Socialization in the metaverse is nowhere close to being on par with the real world. Meta has just managed to put a facial expression feature on its newest Meta Quest Pro, but consumers still cannot smell, feel, or even interact with a real person by looking at each others&#39; faces in the video conferencing. Thus, for the technology to be ready for the mass public to live two lives, one in the metaverse and one in the real world, it will likely take years for the technology to develop, and even longer for the consumers to accept this new reality even if the vision Meta dreams is true. Meta may be too early into the game.</p><h2>Risk to Thesis</h2><h3>Valuation</h3><p>One of the biggest risks to the thesis is Meta&#39;s low valuation. Meta is currently trading at about 10.5x forward price-to-earnings compared to its historical average of about 20-30. However, if the market comes back from the economic slowdown, Meta&#39;s family of apps&#39; performance will likely rebound despite the permanent changes to the social media advertising market. Further, Meta&#39;s Reality Labs investment is expected to slow down starting in 2024, reigning in on costs. Thus, given a more favorable macroeconomic setting, Meta&#39;s valuation multiples may expand again.</p><h2>Summary</h2><p>Meta can seem as if the company is undervalued when comparing the company&#39;s historical and current valuations; however, I believe the company is cheap for a reason. First, Meta&#39;s social media business is operating in an inherently different environment with Apple&#39;s new privacy rules and TikTok&#39;s presence in the market. Second, Meta is investing tens of billions of dollars into the Reality Labs business in hopes of adapting the metaverse to the mass public.</p><p>To date, after accelerating losses, the company has not seen any sustainable traction in the market. The future of this business is uncertain, and even if the public is to eventually adapt to this new future, the process will likely take years if not a decade. Therefore, I believe Meta Platforms is a sell.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Platforms Is Cheap For A Reason</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Platforms Is Cheap For A Reason\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 16:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4552514-meta-platforms-is-cheap-for-a-reason><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMeta Platforms' social media business is operating in inherently different market conditions than in previous years.The success of the Reality Labs business is uncertain despite massive ...</p>\n\n<a href=\"https://seekingalpha.com/article/4552514-meta-platforms-is-cheap-for-a-reason\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4552514-meta-platforms-is-cheap-for-a-reason","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2280054198","content_text":"SummaryMeta Platforms' social media business is operating in inherently different market conditions than in previous years.The success of the Reality Labs business is uncertain despite massive investments.Even if the success of Reality Labs is guaranteed, it will likely be a multi-year if not decade-long process for Meta.IntroductionWhen the price of a stock is cheap, there are usually two possible explanations for the phenomenon. One, the market may be misunderstanding the company in question, causing the stock to plummet and be undervalued. Two, the company's fundamentals are inherently changing.For Meta Platforms, Inc. (NASDAQ:META), I believe the reasoning behind the stock's plummet comes from the latter explanation. Meta is fundamentally changing. It is not the Facebook investors used to know. Thus, analyzing and creating financial modeling as such may create a false perception that Meta is undervalued today due to the market's misunderstanding.Instead, I believe investors should focus on the new trajectory of the company, the metaverse, and ask if the risk that follows this investment is worth it. Meta is investing and plans to continue investing tens of billions of dollars into its Reality Lab business to create a virtual world where Meta controls both the hardware and the software. While this plan may work in the long term, to date, the business is seeing no traction with further risks and uncertainty in the future; therefore, I believe Meta is a sell despite its low valuation.Meta Is Not A FacebookNumerous investors continue to see Meta as an extension of Facebook, saying that the change of tone in the macroeconomic environment will bring Meta back into its growth trajectory as a result of a strong social media business. However, I believe looking at Meta from Facebook's lens can be misleading.Before Facebook became Meta, the company's primary focus was on its social media platform and its advertisement business. With a dominant market position, the company had strong growth and margins. Today, this relatively traditional business is permanently under pressure from Apple (AAPL) and TikTok. The company's advertising business is in an inherently different environment than it was a few years ago.After Apple's implementation of privacy controls, it became harder for Meta to provide targeted ads, hurting both the top and bottom lines totaling by about $10 billion dollars a year. Unfortunately, Apple's new privacy policy is not a one-year event. Apple will continue this policy and likely strengthen it going forward, providing a continued challenging environment for Meta.Further, TikTok is surging in popularity in the younger populations around the world, eating away screen time from Meta's family of apps. TikTok has already surpassed Twitter (TWTR) and Snapchat (SNAP) and is on track to tackling Meta with its surging popularity. Unless some significant event such as the total banning of TikTok occurs, a social trend will likely persist, especially as TikTok's primary customers are young. Thus, even after the advertisement market comes back, Meta's social media portfolio will likely not be able to perform the same way as it has before.Meta's lack of control over the hardware that its software performs upon has created an environment where Meta could not do anything about Apple's new policies. Thus, to mitigate these risks in the future, Meta is going all-in on controlling both the hardware and the software in the metaverse. Meta has long changed its primary focus on the metaverse, and, given the current risks involving Apple and TikTok, I do not see Meta returning to its past glory even when the advertising market comes back.The Reality of Reality Labs BusinessMeta's Reality Labs business has seen no traction despite massive investments and losses, to date. The chart below is a revenue graph of Meta's Reality Labs business since 2021Q2. In 2021, it seemed like the company's vision was gaining traction; however, after consumers' initial interest in the product, it quickly cooled, causing continued sequential revenue decline throughout 2022. In fact, in 2022Q3, the Reality Lab revenue was lower than in 2021Q3.Meta [Sources: 2021Q4, 2022Q2, 2022Q3.]Further, the chart below shows the Reality Lab's operating loss in billions of dollars since 2021Q2. It shows that the company's losses have continued to increase even in times of revenue growth in 2021. Also, during the 2022Q3 earnings call, the management team signaled that the Reality Labs investment will further increase by saying that the company \"expect[s] Reality Labs expenses [to] increase meaningfully again in 2023.\"Meta [Source: 2021Q4, 2022Q2, 2022Q3.]Meta is doubling down on its dream of making the metaverse a reality for everybody. The company is set on continuing its multi-billion dollar investment in the Reality Labs project despite the business seeing no real traction. Further, in times of a slowing advertisement market with inherent risk to Meta's social media platforms, I believe investors should not sit and take the risks associated with Reality Labs.Can Reality Labs Succeed...In time?On top of the staggering and growing losses, I believe investors should also determine if Meta's investment in the metaverse will eventually pay off in the future. While it may, I believe this future is full of uncertainties. Because, even if the future is the metaverse, I believe Meta might be too early in the game, similar to the dot.com bubble. The Internet was the future, but everyone was too early. We did not see search engines, online shopping, video streaming, and more until nearly 2010.Similarly, with today's technology, it is impossible to make the metaverse experience good enough for current consumers to switch to a new way of life. Socialization in the metaverse is nowhere close to being on par with the real world. Meta has just managed to put a facial expression feature on its newest Meta Quest Pro, but consumers still cannot smell, feel, or even interact with a real person by looking at each others' faces in the video conferencing. Thus, for the technology to be ready for the mass public to live two lives, one in the metaverse and one in the real world, it will likely take years for the technology to develop, and even longer for the consumers to accept this new reality even if the vision Meta dreams is true. Meta may be too early into the game.Risk to ThesisValuationOne of the biggest risks to the thesis is Meta's low valuation. Meta is currently trading at about 10.5x forward price-to-earnings compared to its historical average of about 20-30. However, if the market comes back from the economic slowdown, Meta's family of apps' performance will likely rebound despite the permanent changes to the social media advertising market. Further, Meta's Reality Labs investment is expected to slow down starting in 2024, reigning in on costs. Thus, given a more favorable macroeconomic setting, Meta's valuation multiples may expand again.SummaryMeta can seem as if the company is undervalued when comparing the company's historical and current valuations; however, I believe the company is cheap for a reason. First, Meta's social media business is operating in an inherently different environment with Apple's new privacy rules and TikTok's presence in the market. Second, Meta is investing tens of billions of dollars into the Reality Labs business in hopes of adapting the metaverse to the mass public.To date, after accelerating losses, the company has not seen any sustainable traction in the market. The future of this business is uncertain, and even if the public is to eventually adapt to this new future, the process will likely take years if not a decade. Therefore, I believe Meta Platforms is a sell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962008511,"gmtCreate":1669675398733,"gmtModify":1676538220136,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9962008511","repostId":"2286590595","repostType":4,"repost":{"id":"2286590595","kind":"highlight","pubTimestamp":1669650405,"share":"https://ttm.financial/m/news/2286590595?lang=&edition=fundamental","pubTime":"2022-11-28 23:46","market":"us","language":"en","title":"Warren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2286590595","media":"Motley Fool","summary":"KEY POINTSParamount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Paramount Global now ranks as one of the highest-yielding stocks in Berkshire&#39;s portfolio.</li><li>Buffett could be buying even more of Jefferies Financial Group.</li><li>Berkshire&#39;s adding to its position in Chevron in Q3 wasn&#39;t surprising.</li></ul><p>Don&#39;t believe for one second that Warren Buffett doesn&#39;t think about dividends. In his latest letter to <b>Berkshire Hathaway</b> (NYSE: BRK.A) (NYSE: BRK.B) shareholders, he mentioned that the company received $785 million in dividends from just one stock in 2021 (it was <b>Apple</b>).</p><p>Buffett&#39;s recent buys for Berkshire&#39;s portfolio also hints that dividends might have been on his mind. In the third quarter of 2022, he purchased eight stocks. Seven of them pay dividends. A few of them offer dividends that are quite attractive. Buffett just bought these three dividend stocks with yields of over 3%.</p><h2>1. <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a></h2><p><b><a href=\"https://laohu8.com/S/PARAA\">Paramount Global</a></b> (NASDAQ: PARA) stands out as Buffett&#39;s only high-yield purchase in the third quarter. The media company&#39;s dividend yield currently tops 5.1%.</p><p>Buffett&#39;s history with Paramount goes back to when the company was known as Viacom. He led Berkshire to open a position in Viacom in 2012. While the legendary investor later sold all of those shares, he apparently regained an interest in the stock in the first quarter of this year and has kept on buying.</p><p>Berkshire now owns 15% of <a href=\"https://laohu8.com/S/PARAP\">Paramount Global</a>&#39;s outstanding class B shares. The stock hasn&#39;t been a winner for Buffett so far, though, with a year-to-date decline of close to 40%.</p><p>What does the multibillionaire investor like about Paramount (other than its dividend)? Its valuation probably ranks high on the list. The stock trades below 12.8 times expected earnings.</p><h2>2. <a href=\"https://laohu8.com/S/JEF\">Jefferies Financial Group</a></h2><p>Buffett has long been a fan of bank stocks. But he&#39;s become less enamored of the financial services sector lately. That&#39;s what makes Berkshire&#39;s new position in <b>Jefferies Financial Group</b> (NYSE: JEF) somewhat surprising.</p><p>With a market cap of under $9 billion, Jefferies is much smaller than the other banks in Berkshire&#39;s portfolio. Unlike those other bigger corporations, Jefferies focuses only on investment banking and doesn&#39;t have a commercial banking unit. But it offers a dividend that rivals the big boys with a yield of more than 3.2%.</p><p>Jefferies&#39; stock has also outgained Berkshire&#39;s other bank stocks so far this year. However, Buffett&#39;s investment in the company played a key role in that outperformance.</p><p>Berkshire owns only a tiny position in Jefferies, though. That could indicate that Buffett and his team began buying in the latter part of the third quarter and are continuing to scoop up shares in the fourth quarter.</p><h2>3. <a href=\"https://laohu8.com/S/CVX\">Chevron</a></h2><p>It wasn&#39;t surprising whatsoever that Buffett added to his position in <b>Chevron</b> (NYSE: CVX) in the third quarter. The oil and gas giant is Berkshire&#39;s third-largest holding, including shares owned by its New England Asset Management subsidiary.</p><p>Chevron&#39;s dividend yield of 3.1% is lower than it&#39;s been throughout much of the past 10 years. That&#39;s not because the company has cut its dividend, though. Actually, Chevron is a Dividend Aristocrat with 35 consecutive years of dividend increases.</p><p>Instead, the company&#39;s dividend yield is lower because its stock price has risen so much. Chevron stock has soared nearly 60% year to date. That follows a 39% gain in 2021.</p><p>Buffett seems to still think Chevron is attractively valued. Its shares trade at 11.2 times expected earnings. There&#39;s a good chance that this stock -- and its dividend -- go even higher.</p></body></html>","source":"motleyfoolau_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>Warren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%</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\">\nWarren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 23:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2022/11/28/warren-buffett-just-bought-these-3-dividend-stocks-with-yields-of-over-3-usfeed/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSParamount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.Buffett could be buying even more of Jefferies Financial Group.Berkshire's adding to its position in...</p>\n\n<a href=\"https://www.fool.com.au/2022/11/28/warren-buffett-just-bought-these-3-dividend-stocks-with-yields-of-over-3-usfeed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙","PARA":"Paramount Global","JEF":"杰富瑞"},"source_url":"https://www.fool.com.au/2022/11/28/warren-buffett-just-bought-these-3-dividend-stocks-with-yields-of-over-3-usfeed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286590595","content_text":"KEY POINTSParamount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.Buffett could be buying even more of Jefferies Financial Group.Berkshire's adding to its position in Chevron in Q3 wasn't surprising.Don't believe for one second that Warren Buffett doesn't think about dividends. In his latest letter to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholders, he mentioned that the company received $785 million in dividends from just one stock in 2021 (it was Apple).Buffett's recent buys for Berkshire's portfolio also hints that dividends might have been on his mind. In the third quarter of 2022, he purchased eight stocks. Seven of them pay dividends. A few of them offer dividends that are quite attractive. Buffett just bought these three dividend stocks with yields of over 3%.1. Paramount GlobalParamount Global (NASDAQ: PARA) stands out as Buffett's only high-yield purchase in the third quarter. The media company's dividend yield currently tops 5.1%.Buffett's history with Paramount goes back to when the company was known as Viacom. He led Berkshire to open a position in Viacom in 2012. While the legendary investor later sold all of those shares, he apparently regained an interest in the stock in the first quarter of this year and has kept on buying.Berkshire now owns 15% of Paramount Global's outstanding class B shares. The stock hasn't been a winner for Buffett so far, though, with a year-to-date decline of close to 40%.What does the multibillionaire investor like about Paramount (other than its dividend)? Its valuation probably ranks high on the list. The stock trades below 12.8 times expected earnings.2. Jefferies Financial GroupBuffett has long been a fan of bank stocks. But he's become less enamored of the financial services sector lately. That's what makes Berkshire's new position in Jefferies Financial Group (NYSE: JEF) somewhat surprising.With a market cap of under $9 billion, Jefferies is much smaller than the other banks in Berkshire's portfolio. Unlike those other bigger corporations, Jefferies focuses only on investment banking and doesn't have a commercial banking unit. But it offers a dividend that rivals the big boys with a yield of more than 3.2%.Jefferies' stock has also outgained Berkshire's other bank stocks so far this year. However, Buffett's investment in the company played a key role in that outperformance.Berkshire owns only a tiny position in Jefferies, though. That could indicate that Buffett and his team began buying in the latter part of the third quarter and are continuing to scoop up shares in the fourth quarter.3. ChevronIt wasn't surprising whatsoever that Buffett added to his position in Chevron (NYSE: CVX) in the third quarter. The oil and gas giant is Berkshire's third-largest holding, including shares owned by its New England Asset Management subsidiary.Chevron's dividend yield of 3.1% is lower than it's been throughout much of the past 10 years. That's not because the company has cut its dividend, though. Actually, Chevron is a Dividend Aristocrat with 35 consecutive years of dividend increases.Instead, the company's dividend yield is lower because its stock price has risen so much. Chevron stock has soared nearly 60% year to date. That follows a 39% gain in 2021.Buffett seems to still think Chevron is attractively valued. Its shares trade at 11.2 times expected earnings. There's a good chance that this stock -- and its dividend -- go even higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968694419,"gmtCreate":1669200271731,"gmtModify":1676538166457,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968694419","repostId":"2285863595","repostType":4,"repost":{"id":"2285863595","kind":"highlight","pubTimestamp":1669189848,"share":"https://ttm.financial/m/news/2285863595?lang=&edition=fundamental","pubTime":"2022-11-23 15:50","market":"us","language":"en","title":"Nvidia: Here We Go Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2285863595","media":"Seeking Alpha","summary":"SummaryOver the course of its short lifespan, NVDA has had to reinvent itself three times.It is clea","content":"<html><head></head><body><h2>Summary</h2><ul><li>Over the course of its short lifespan, NVDA has had to reinvent itself three times.</li><li>It is clear that there are some business segments, particularly with Data Center and Automotive, that are continuing to reach new heights, whereas Gaming and Professional Visualization continue to work through noticeable issues.</li><li>I believe NVDA is a phenomenal company that has managed to survive a plethora of situations that would have killed most companies.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19ebaf34d41fe0c4b791ed404fd8f152\" tg-width=\"750\" tg-height=\"494\" referrerpolicy=\"no-referrer\"/><span>Justin Sullivan</span></p><p>Today, I will be providing an update on Nvidia (NASDAQ:NVDA) after their recent Q3 earnings report. Therein, I will discuss how the company has been in this position before, delve into their recent earnings, analyze the potential direction of the company and its various business segments going forwards, and more.</p><p><i>Note: All dollar values mentioned herein are in millions of USD.</i></p><p><b>Let’s get started</b></p><blockquote>“Mechanical things can go in a straight line. Time moves ahead continuously. So can a machine when it’s adequately powered. But processes in fields like history and economics involve people, and when people are involved, the results are variable and cyclical.” - Howard Marks</blockquote><p>There is something inherently beautiful about cyclicality. Booms and busts, highs and lows, euphoria and despair; these feelings are directly connected with the human condition, and creep their way into the institutions and complex systems that make up the very fabric of the world we inhabit today. These phenomena directly impact society and economies at large, and have repeated countless amounts of time throughout history. There is no doubt that as we exit an environment impacted by pandemic-fueled market euphoria, and as the “easy-money era” of QE comes to an end, we are entering into hard times, an inevitability given the cyclical nature of markets. With inflationary pressures rearing their ugly head, shortages turning into gluts, and the deterioration of stability creeping its way into a variety of our systems, many companies that were putting up record numbers a few months prior to now are now struggling to deal with a plethora of headwinds.</p><p><b>NVDA is one of those companies - but this is a place that they’ve been before…</b></p><p>In April of 1993 three young electrical engineers, Chris Malachowsky, Curtis Priem, and the now-CEO, Jen-Hsun Huang, decided to start a company that would create specialized chips in a San Jose Denny’s. With the benefit of hindsight, it is amazing that a company that now stands at the forefront of computing had such humble beginnings. Being that as it may, the journey to that point was not without its ups and downs.</p><p>Take the launch of their first chip as an example. In 1995, the company went to market with their NV1 product, an effort that proved to be disastrous, resulting in a $10M loss and a layoff of half their then 80 person team, actions deemed essential to avoid imminent bankruptcy. Scattered throughout the remainder of NVDA’s history are situations where the company seemed to be quickly approaching destruction. As outlined in my original NVDA deep-dive, the rocky roads experienced of late aren’t even the worst drawdowns that NVDA shareholders have experienced:</p><p><img src=\"https://static.tigerbbs.com/6bc8e0145862d5dec1462b3dbb2e6f64\" tg-width=\"1280\" tg-height=\"662\" referrerpolicy=\"no-referrer\"/></p><p>Over the course of its short lifespan, NVDA has had to reinvent itself three times. The company started off focused on PC graphics, pivoted to a centricity around programmable shaders, and now finds itself benefitting from a boom in parallel processing computing, bolstering several specialities ranging from visual computing, energy efficient programming, the go-to hardware choice at the forefront of the rapidly expanding data center and the AI applications therein, and more. Despite the plethora of opportunities the company has in front of it, NVDA finds itself, yet again, at a cross-road. With no end in sight to the downturn we find ourself in, it begs the question - will NVDA come out from this reinvented or will the weights on their shoulders continue to increase for the foreseeable future?</p><h2>Let’s dig into their most recent earnings to find out</h2><p>Starting off with revenues, overall top-line beat by 2.2%, coming in at approximately $5.931B vs. the consensus estimates of $5.805B, a decent surprise given the doom &amp; gloom that has been surrounding the company of late but still a noticeable decline YoY, decelerating 16.5%:</p><p><img src=\"https://static.tigerbbs.com/fa5defc38c0bd23b32f11a39260ebf21\" tg-width=\"360\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><p>Despite this clear deceleration, how exactly have each of the business segments of NVDA been performing? NVDA exists as a full-stack company (i.e., with both software and hardware expertise), and as described in-depth in my NVDA deep-dive, primarily operates in four different business segments: Data Center, Gaming, Professional Visualization, Automotive.</p><p>Data Center is primarily focused on providing hardware and software solutions for a variety of use cases ranging from AI to HPC, geared at hyperscalers, enterprise clients, research institutions, etc., as the end-users. Gaming is relatively self-explanatory and includes the company offering their graphical processing units for gaming PCs and laptops, in addition to a few other smaller bets such as the cloud gaming offering and multimedia devices, which understandably take a back-seat to the aforementioned gaming hardware, and are not something I expect to be hugely rewarding to shareholders going forward. Professional visualization encompasses a host of functionality but can be loosely defined as solutions aimed at 3D rendering, which work in conjunction with the company’s GPU architectures and associated computing languages, including the likes of Iray, Mental Ray, MDL, DesignWorks, etc. These products allow customers to create custom rendering applications, are tied to the company’s omniverse activities, etc. Automotive encompasses a series of hardware, software and infrastructure offerings such as the DRIVE supercomputing platform, software that leverages bundles of data gathered with hardware to assist with companies creating autonomous driving capabilities, as well as offerings tiered to data center and launchpad that allow customers to create AI and accelerated computing procedures related to autonomous vehicles.</p><p>Starting off with Data Center, this segment generated record numbers, increasing 31% YoY to come in at approximately $3.8B.</p><p><img src=\"https://static.tigerbbs.com/1bd118aa68643730db5871ae1b66c2f1\" tg-width=\"361\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><p>The data center segment, as outlined on the conference call, benefitted from heightened demand from US cloud providers and consumer internet companies. In addition, management also illustrated how they stand to benefit from increased instances of, and a desire for, accelerative computing, deep-recommender systems and large language models, as well as generative AI going forwards. The company is obviously at the forefront of some exciting developments, but heading into a recessionary environment we will have to monitor if spend in these area deteriorates as customers tighten the belt of spend associated with innovative computing efforts.</p><p>Notably, per management, the company has supposedly been able to navigate recent crises relatively well. As has been the hot topic of debate lately, NVDA was directly impacted by various parameters of the recent chip ban, of which ensures that integrated circuits with certain technical parameters were not able to be shipped to China. Put simply, the highest performing pieces of integrated circuitry were essentially prevented from making their way into the country, a direct attack on the country’s abilities to garner top-tier AI capabilities. As such, this dampened the company’s ability to export A100 and H100 products to China.</p><p>In response, NVDA came out with the A800 product as an alternative, a piece of hardware that abides to the US government export regulations and is unable to be programmed to exceed them. As a result, management outlined that these changes were able to largely offset the weakness associated with the restrictions, citing the fact that weakness in China overall, a phenomenon that was alluded to pre-restrictions, was the more noticeable deterrent of performance. Although the accuracy of these statements is up in the air, it will be interesting to see if A800s are able to be sufficient enough to be a full-on alternative, or if this will result in Chinese companies creating their own hardware and CUDA-like-alternative that ends up displacing the moat that NVDA currently finds themselves benefitting from. Only time will tell.</p><p>Moving on, it was no surprise that gaming came in weak, dwindling 51% YoY to come in at $1.574B in revenue for the quarter.</p><p><img src=\"https://static.tigerbbs.com/54cf549e710d9e80962fef76b2b09cc3\" tg-width=\"361\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><p>NVDA mentioned the fact that they expect normalization and slight sequential growth going forwards, a phenomenon that may illustrate they’ve hit a bottom in this segment, but a phenomenon I find unlikely given the high-end ASP associated with their new graphics cards heading into a macroeconomic environment with deteriorating conditions. The pandemic was arguably the largest change we’ve seen to consumer behaviour seen in a very long time, and the pull-forward in associated spending that occurred as a result of lax monetary conditions and ludicrous fiscal stimulus was noticeable. Even despite their new hardware launches, the company is still facing the headwinds associated with inventory challenges, a phenomenon reflected by the lower sell-in they had with partners to help them align channel inventory this quarter, and a myriad of issues such as with crypto-market changes that contributed to an increase in secondhand market supply, as an example. I believe it will be a few quarters at the very least before gaming shows any signs of putting these issues in the rearview.</p><p>Automotive, though a lower proportion of total revenue, increased 86% YoY, a result of DRIVE orin-based production ramps scaling. NVDA outlined that this segment is likely to experience a sequential increase going forward, and they anticipate this to evolve into their next multi-billion dollar platform. Again given the macro environment it will be interesting to see how that counteracts a cutback in spending that may occur in the next few quarters; although there is no doubt that auto companies are focusing on these endeavours:</p><p><img src=\"https://static.tigerbbs.com/98da920b4f704d48e8dbf46e1428b319\" tg-width=\"361\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><p>Lastly, professional visualization tanked, decreasing approximately 65% on a YoY basis and coming in at approximately $200M for the quarter. Again management cited these results are attributable to a continuation of the need to work through channel inventory issues, a phenomenon that they don’t anticipate to normalize heading into Q4.</p><p><img src=\"https://static.tigerbbs.com/7115809c8b8446e56316db6052e37f0b\" tg-width=\"361\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><h2>When all of the segments are brought together, here’s how things look</h2><p>It is clear that there are some business segments, particularly with Data Center and Automotive, that are continuing to reach new heights, whereas Gaming and Professional Visualization continue to work through noticeable issues. Bringing these segments together, it is evident that the company is now severely reliant on the performance of the data center, a phenomenon that is both exciting given the dominant market share they hold in this segment and the high ceiling of growth potential, but also a source of potential fragility given the potential contraction in data center expenditures that may be looming over the horizon.</p><p><img src=\"https://static.tigerbbs.com/d4b2a91b8bc45c189d2c28c591028ff7\" tg-width=\"664\" tg-height=\"366\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/4793e0657604480db9da5e2b56c4dd84\" tg-width=\"682\" tg-height=\"349\" referrerpolicy=\"no-referrer\"/></p><p>All segments, spare Automotive are already in or are moving towards deceleration, and when viewed alongside the company’s guidance, this is even more concerning. Revenues are expected to come in at approximately $6B for Q4, with every segment spare professional visualization expected to increase sequentially. Given the small delta that exists between projected Q4 estimates and Q3 numbers ($6B vs. approximately $5.9B) this essentially means that the three segments experiencing QoQ increases will likely increase negligibly. With the company’s still-premium multiple and their behaviour conveying they may be experiencing negligible growth heading into 2023, this may point towards inevitable further compression of their market value going forwards.</p><p>The company’s GAAP margins do not paint any better of a picture. Gross Margins declined YoY from 65% to 54%, feeling the brunt of a $700M charge associated with lower data center demand in China, offset by a warranty benefit of approximately $70M. Operating expenses soared as a % of total revenue, coming in at approximately 43% of top-line compared to approximately 28% last year, primarily attributable to increased compensation and data infrastructure costs. Resultantly, operating margins declined, coming in at 10% for the quarter compared to 38% last year. Although the company’s revenue guide and gross margin guide (63% anticipated) are not horrible, they anticipate operating expenses to remain flat at approximately $2.56B. Performing basic calculations we arrive at the fact that operating margins for Q4 are likely to be approximately 20%, an improvement QoQ but still not indicative of NVDA being out of the woods just yet.</p><p><img src=\"https://static.tigerbbs.com/d3f93417f6a16c247d05903b740a1bbc\" tg-width=\"361\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/4168fb61ef492d69d08d3e9c0217743b\" tg-width=\"361\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><p>Dwindling margins, combined with a relatively consistent capex profile that matches previous years, resulted in the company’s free cash flow coming in at approximately $(156)M for the quarter, and this is even taking into consideration approximately $745M in SBC included in CFO, highlighting that the company has been creeping into cash burning mode, a phenomenon that will need to be monitored:</p><p><img src=\"https://static.tigerbbs.com/e461c6aa50611cf88338208979b04f34\" tg-width=\"529\" tg-height=\"334\" referrerpolicy=\"no-referrer\"/></p><p>Looking at the company’s 9M values and taking into consideration the guidance, we are likely to see the lowest FY FCF margin values in quite some time.</p><p><img src=\"https://static.tigerbbs.com/eed0abd3cd8d3c9da42ded213f6e1bba\" tg-width=\"361\" tg-height=\"216\" referrerpolicy=\"no-referrer\"/></p><p>In short, for the time being FCF is declining in a manner that is non-accretive to shareholders. Lastly, it is worth discussing the company’s inventories, of which have bloated up over the course of the last year, increasing to approximately $4.45B for the quarter, 75% of revenue compared to 31% of revenue for the same time last year:</p><p><img src=\"https://static.tigerbbs.com/b64d222246c8d7ae8ab72e1fe4bda3ac\" tg-width=\"455\" tg-height=\"272\" referrerpolicy=\"no-referrer\"/></p><p>On the conference call, NVDA’s CFO indicated that their inventory on hand was largely due to the upcoming architectures the company has coming to market including ADA, hopper, and other hardware related to their networking business. Although the company says they are always to looking at their inventory levels at the end of each quarter in an anticipatory nature, it is slightly hard to believe that the company’s inventory solely swelled as a result of these actions. In August, and many months prior, it was noted that NVDA was struggling with excess inventory associated with their RTX-3000 series ahead of the RTX-4000 launch. Given the nature of secondary markets at the moment, I find it is unlikely the company was able to normalize the RTX-3000 inventory bloating that quickly, given the state of the environment we are in right now. Inventory looks poor and only time will tell if they are able to normalize this swell heading into an increasingly difficult period.</p><p>In short, if I had to give a TLDR on the situation at NVDA at the moment it would be as follows:</p><ul><li><p>The company stands at the forefront of arguably some of the most promising subsections of the technology sector today. AI will likely be world-changing and through their data center business segment, NVDA is likely to reap the rewards given their 80%+ recent accelerator market share.</p></li><li><p>Gaming will likely recover as we enter into a more stable macroeconomic environment. This popular entertainment source is going nowhere and is likely to grow above GDP for sometime. NVDA will need to focus on not wilting on ever-growing competitive pressures and weather the aforementioned headwinds before reaping any reward.</p></li><li><p>Automotive is promising and is what the company believes to be their next multi-billion dollar platform. Although it is sustaining commendable growth thus far, only time will tell if customer spend will increase linearly, or if expenditures are reeled back in during economic turmoil due to the far-fetched nature of these engineering developments overall.</p></li><li><p>Similar to gaming, professional visualization will likely normalize heading into a more rosy economic situation, however, short-term inventory headwinds will continue to impact the segment heading into next quarter and likely for some time afterwards.</p></li><li><p>NVDA growth is concerning and with their new guidance it looks like even their best performing business segments are heading to a standstill. We’re at an interesting point in markets at the moment. Despite extreme financial tightness, the economy as a whole hasn’t deteriorated into disastrous areas. As the Fed likely continues to put their foot on the gas, a recession heading into next year is likely in my opinion. Given that, as well as the fact that S&amp;P 500 earnings are still too rosy and have yet to be downgraded to levels seen in previous recessions, I believe there may be further pain in equity markets. General market-based and economic weakness, combined with the fact that NVDA still has a relatively premium multiple and is unlikely to be able to sustain the levels of growth that they’ve been able to in the past, likely warrants further compression in the equity. With margins yet to recover to stable levels, continued relatively egregious SBC, and an unfavourable inventory situation, the amount of FCF made available to shareholders is likely to remain bleak for the next few quarters.</p></li></ul><p>In short, and as I alluded to in my original deep-dive, I believe NVDA is a phenomenal company that has managed to survive a plethora of situations that would have killed most companies. Given the spaces they operate at the forefront of, if they’re able to come out of this environment stronger, they’re likely to reap substantial rewards. Until then, I believe further short-term pain may be inevitable. We saw multiple compression when the company went through hardship at the end of the last decade, and I don’t think it is unreasonable to expect a similar or worse situation heading into a prolonged bear market, or one where a V-shaped recovery isn’t as probable. Time will tell if my hunches are right here.</p><p><img src=\"https://static.tigerbbs.com/892bb319ef3cc312a20559d54393c858\" tg-width=\"1280\" tg-height=\"662\" referrerpolicy=\"no-referrer\"/></p><p><i>This article is written by MT Capital Research for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Here We Go Again</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; 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}\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: Here We Go Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 15:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559886-nvidia-here-we-go-again><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryOver the course of its short lifespan, NVDA has had to reinvent itself three times.It is clear that there are some business segments, particularly with Data Center and Automotive, that are ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559886-nvidia-here-we-go-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4543":"AI","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4527":"明星科技股","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","BK4550":"红杉资本持仓","SG9999002232.USD":"Allianz Global High Payout USD","BK4579":"人工智能","LU0109392836.USD":"富兰克林科技股A","BK4141":"半导体产品","SG9999002224.SGD":"Allianz Global High Payout SGD","LU2063271972.USD":"富兰克林创新领域基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4581":"高盛持仓","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4549":"软银资本持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4548":"巴美列捷福持仓","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4529":"IDC概念","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4532":"文艺复兴科技持仓","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","BK4585":"ETF&股票定投概念","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","NVDA":"英伟达","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1"},"source_url":"https://seekingalpha.com/article/4559886-nvidia-here-we-go-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285863595","content_text":"SummaryOver the course of its short lifespan, NVDA has had to reinvent itself three times.It is clear that there are some business segments, particularly with Data Center and Automotive, that are continuing to reach new heights, whereas Gaming and Professional Visualization continue to work through noticeable issues.I believe NVDA is a phenomenal company that has managed to survive a plethora of situations that would have killed most companies.Justin SullivanToday, I will be providing an update on Nvidia (NASDAQ:NVDA) after their recent Q3 earnings report. Therein, I will discuss how the company has been in this position before, delve into their recent earnings, analyze the potential direction of the company and its various business segments going forwards, and more.Note: All dollar values mentioned herein are in millions of USD.Let’s get started“Mechanical things can go in a straight line. Time moves ahead continuously. So can a machine when it’s adequately powered. But processes in fields like history and economics involve people, and when people are involved, the results are variable and cyclical.” - Howard MarksThere is something inherently beautiful about cyclicality. Booms and busts, highs and lows, euphoria and despair; these feelings are directly connected with the human condition, and creep their way into the institutions and complex systems that make up the very fabric of the world we inhabit today. These phenomena directly impact society and economies at large, and have repeated countless amounts of time throughout history. There is no doubt that as we exit an environment impacted by pandemic-fueled market euphoria, and as the “easy-money era” of QE comes to an end, we are entering into hard times, an inevitability given the cyclical nature of markets. With inflationary pressures rearing their ugly head, shortages turning into gluts, and the deterioration of stability creeping its way into a variety of our systems, many companies that were putting up record numbers a few months prior to now are now struggling to deal with a plethora of headwinds.NVDA is one of those companies - but this is a place that they’ve been before…In April of 1993 three young electrical engineers, Chris Malachowsky, Curtis Priem, and the now-CEO, Jen-Hsun Huang, decided to start a company that would create specialized chips in a San Jose Denny’s. With the benefit of hindsight, it is amazing that a company that now stands at the forefront of computing had such humble beginnings. Being that as it may, the journey to that point was not without its ups and downs.Take the launch of their first chip as an example. In 1995, the company went to market with their NV1 product, an effort that proved to be disastrous, resulting in a $10M loss and a layoff of half their then 80 person team, actions deemed essential to avoid imminent bankruptcy. Scattered throughout the remainder of NVDA’s history are situations where the company seemed to be quickly approaching destruction. As outlined in my original NVDA deep-dive, the rocky roads experienced of late aren’t even the worst drawdowns that NVDA shareholders have experienced:Over the course of its short lifespan, NVDA has had to reinvent itself three times. The company started off focused on PC graphics, pivoted to a centricity around programmable shaders, and now finds itself benefitting from a boom in parallel processing computing, bolstering several specialities ranging from visual computing, energy efficient programming, the go-to hardware choice at the forefront of the rapidly expanding data center and the AI applications therein, and more. Despite the plethora of opportunities the company has in front of it, NVDA finds itself, yet again, at a cross-road. With no end in sight to the downturn we find ourself in, it begs the question - will NVDA come out from this reinvented or will the weights on their shoulders continue to increase for the foreseeable future?Let’s dig into their most recent earnings to find outStarting off with revenues, overall top-line beat by 2.2%, coming in at approximately $5.931B vs. the consensus estimates of $5.805B, a decent surprise given the doom & gloom that has been surrounding the company of late but still a noticeable decline YoY, decelerating 16.5%:Despite this clear deceleration, how exactly have each of the business segments of NVDA been performing? NVDA exists as a full-stack company (i.e., with both software and hardware expertise), and as described in-depth in my NVDA deep-dive, primarily operates in four different business segments: Data Center, Gaming, Professional Visualization, Automotive.Data Center is primarily focused on providing hardware and software solutions for a variety of use cases ranging from AI to HPC, geared at hyperscalers, enterprise clients, research institutions, etc., as the end-users. Gaming is relatively self-explanatory and includes the company offering their graphical processing units for gaming PCs and laptops, in addition to a few other smaller bets such as the cloud gaming offering and multimedia devices, which understandably take a back-seat to the aforementioned gaming hardware, and are not something I expect to be hugely rewarding to shareholders going forward. Professional visualization encompasses a host of functionality but can be loosely defined as solutions aimed at 3D rendering, which work in conjunction with the company’s GPU architectures and associated computing languages, including the likes of Iray, Mental Ray, MDL, DesignWorks, etc. These products allow customers to create custom rendering applications, are tied to the company’s omniverse activities, etc. Automotive encompasses a series of hardware, software and infrastructure offerings such as the DRIVE supercomputing platform, software that leverages bundles of data gathered with hardware to assist with companies creating autonomous driving capabilities, as well as offerings tiered to data center and launchpad that allow customers to create AI and accelerated computing procedures related to autonomous vehicles.Starting off with Data Center, this segment generated record numbers, increasing 31% YoY to come in at approximately $3.8B.The data center segment, as outlined on the conference call, benefitted from heightened demand from US cloud providers and consumer internet companies. In addition, management also illustrated how they stand to benefit from increased instances of, and a desire for, accelerative computing, deep-recommender systems and large language models, as well as generative AI going forwards. The company is obviously at the forefront of some exciting developments, but heading into a recessionary environment we will have to monitor if spend in these area deteriorates as customers tighten the belt of spend associated with innovative computing efforts.Notably, per management, the company has supposedly been able to navigate recent crises relatively well. As has been the hot topic of debate lately, NVDA was directly impacted by various parameters of the recent chip ban, of which ensures that integrated circuits with certain technical parameters were not able to be shipped to China. Put simply, the highest performing pieces of integrated circuitry were essentially prevented from making their way into the country, a direct attack on the country’s abilities to garner top-tier AI capabilities. As such, this dampened the company’s ability to export A100 and H100 products to China.In response, NVDA came out with the A800 product as an alternative, a piece of hardware that abides to the US government export regulations and is unable to be programmed to exceed them. As a result, management outlined that these changes were able to largely offset the weakness associated with the restrictions, citing the fact that weakness in China overall, a phenomenon that was alluded to pre-restrictions, was the more noticeable deterrent of performance. Although the accuracy of these statements is up in the air, it will be interesting to see if A800s are able to be sufficient enough to be a full-on alternative, or if this will result in Chinese companies creating their own hardware and CUDA-like-alternative that ends up displacing the moat that NVDA currently finds themselves benefitting from. Only time will tell.Moving on, it was no surprise that gaming came in weak, dwindling 51% YoY to come in at $1.574B in revenue for the quarter.NVDA mentioned the fact that they expect normalization and slight sequential growth going forwards, a phenomenon that may illustrate they’ve hit a bottom in this segment, but a phenomenon I find unlikely given the high-end ASP associated with their new graphics cards heading into a macroeconomic environment with deteriorating conditions. The pandemic was arguably the largest change we’ve seen to consumer behaviour seen in a very long time, and the pull-forward in associated spending that occurred as a result of lax monetary conditions and ludicrous fiscal stimulus was noticeable. Even despite their new hardware launches, the company is still facing the headwinds associated with inventory challenges, a phenomenon reflected by the lower sell-in they had with partners to help them align channel inventory this quarter, and a myriad of issues such as with crypto-market changes that contributed to an increase in secondhand market supply, as an example. I believe it will be a few quarters at the very least before gaming shows any signs of putting these issues in the rearview.Automotive, though a lower proportion of total revenue, increased 86% YoY, a result of DRIVE orin-based production ramps scaling. NVDA outlined that this segment is likely to experience a sequential increase going forward, and they anticipate this to evolve into their next multi-billion dollar platform. Again given the macro environment it will be interesting to see how that counteracts a cutback in spending that may occur in the next few quarters; although there is no doubt that auto companies are focusing on these endeavours:Lastly, professional visualization tanked, decreasing approximately 65% on a YoY basis and coming in at approximately $200M for the quarter. Again management cited these results are attributable to a continuation of the need to work through channel inventory issues, a phenomenon that they don’t anticipate to normalize heading into Q4.When all of the segments are brought together, here’s how things lookIt is clear that there are some business segments, particularly with Data Center and Automotive, that are continuing to reach new heights, whereas Gaming and Professional Visualization continue to work through noticeable issues. Bringing these segments together, it is evident that the company is now severely reliant on the performance of the data center, a phenomenon that is both exciting given the dominant market share they hold in this segment and the high ceiling of growth potential, but also a source of potential fragility given the potential contraction in data center expenditures that may be looming over the horizon.All segments, spare Automotive are already in or are moving towards deceleration, and when viewed alongside the company’s guidance, this is even more concerning. Revenues are expected to come in at approximately $6B for Q4, with every segment spare professional visualization expected to increase sequentially. Given the small delta that exists between projected Q4 estimates and Q3 numbers ($6B vs. approximately $5.9B) this essentially means that the three segments experiencing QoQ increases will likely increase negligibly. With the company’s still-premium multiple and their behaviour conveying they may be experiencing negligible growth heading into 2023, this may point towards inevitable further compression of their market value going forwards.The company’s GAAP margins do not paint any better of a picture. Gross Margins declined YoY from 65% to 54%, feeling the brunt of a $700M charge associated with lower data center demand in China, offset by a warranty benefit of approximately $70M. Operating expenses soared as a % of total revenue, coming in at approximately 43% of top-line compared to approximately 28% last year, primarily attributable to increased compensation and data infrastructure costs. Resultantly, operating margins declined, coming in at 10% for the quarter compared to 38% last year. Although the company’s revenue guide and gross margin guide (63% anticipated) are not horrible, they anticipate operating expenses to remain flat at approximately $2.56B. Performing basic calculations we arrive at the fact that operating margins for Q4 are likely to be approximately 20%, an improvement QoQ but still not indicative of NVDA being out of the woods just yet.Dwindling margins, combined with a relatively consistent capex profile that matches previous years, resulted in the company’s free cash flow coming in at approximately $(156)M for the quarter, and this is even taking into consideration approximately $745M in SBC included in CFO, highlighting that the company has been creeping into cash burning mode, a phenomenon that will need to be monitored:Looking at the company’s 9M values and taking into consideration the guidance, we are likely to see the lowest FY FCF margin values in quite some time.In short, for the time being FCF is declining in a manner that is non-accretive to shareholders. Lastly, it is worth discussing the company’s inventories, of which have bloated up over the course of the last year, increasing to approximately $4.45B for the quarter, 75% of revenue compared to 31% of revenue for the same time last year:On the conference call, NVDA’s CFO indicated that their inventory on hand was largely due to the upcoming architectures the company has coming to market including ADA, hopper, and other hardware related to their networking business. Although the company says they are always to looking at their inventory levels at the end of each quarter in an anticipatory nature, it is slightly hard to believe that the company’s inventory solely swelled as a result of these actions. In August, and many months prior, it was noted that NVDA was struggling with excess inventory associated with their RTX-3000 series ahead of the RTX-4000 launch. Given the nature of secondary markets at the moment, I find it is unlikely the company was able to normalize the RTX-3000 inventory bloating that quickly, given the state of the environment we are in right now. Inventory looks poor and only time will tell if they are able to normalize this swell heading into an increasingly difficult period.In short, if I had to give a TLDR on the situation at NVDA at the moment it would be as follows:The company stands at the forefront of arguably some of the most promising subsections of the technology sector today. AI will likely be world-changing and through their data center business segment, NVDA is likely to reap the rewards given their 80%+ recent accelerator market share.Gaming will likely recover as we enter into a more stable macroeconomic environment. This popular entertainment source is going nowhere and is likely to grow above GDP for sometime. NVDA will need to focus on not wilting on ever-growing competitive pressures and weather the aforementioned headwinds before reaping any reward.Automotive is promising and is what the company believes to be their next multi-billion dollar platform. Although it is sustaining commendable growth thus far, only time will tell if customer spend will increase linearly, or if expenditures are reeled back in during economic turmoil due to the far-fetched nature of these engineering developments overall.Similar to gaming, professional visualization will likely normalize heading into a more rosy economic situation, however, short-term inventory headwinds will continue to impact the segment heading into next quarter and likely for some time afterwards.NVDA growth is concerning and with their new guidance it looks like even their best performing business segments are heading to a standstill. We’re at an interesting point in markets at the moment. Despite extreme financial tightness, the economy as a whole hasn’t deteriorated into disastrous areas. As the Fed likely continues to put their foot on the gas, a recession heading into next year is likely in my opinion. Given that, as well as the fact that S&P 500 earnings are still too rosy and have yet to be downgraded to levels seen in previous recessions, I believe there may be further pain in equity markets. General market-based and economic weakness, combined with the fact that NVDA still has a relatively premium multiple and is unlikely to be able to sustain the levels of growth that they’ve been able to in the past, likely warrants further compression in the equity. With margins yet to recover to stable levels, continued relatively egregious SBC, and an unfavourable inventory situation, the amount of FCF made available to shareholders is likely to remain bleak for the next few quarters.In short, and as I alluded to in my original deep-dive, I believe NVDA is a phenomenal company that has managed to survive a plethora of situations that would have killed most companies. Given the spaces they operate at the forefront of, if they’re able to come out of this environment stronger, they’re likely to reap substantial rewards. Until then, I believe further short-term pain may be inevitable. We saw multiple compression when the company went through hardship at the end of the last decade, and I don’t think it is unreasonable to expect a similar or worse situation heading into a prolonged bear market, or one where a V-shaped recovery isn’t as probable. Time will tell if my hunches are right here.This article is written by MT Capital Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983049343,"gmtCreate":1666132629283,"gmtModify":1676537709144,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9983049343","repostId":"1193778940","repostType":4,"repost":{"id":"1193778940","kind":"news","pubTimestamp":1666105695,"share":"https://ttm.financial/m/news/1193778940?lang=&edition=fundamental","pubTime":"2022-10-18 23:08","market":"us","language":"en","title":"Wake Up: The Bear Market Rally Just Started","url":"https://stock-news.laohu8.com/highlight/detail?id=1193778940","media":"seekingalpha","summary":"SummaryThe S&P 500 dropped by a whopping 20% from its mid-August top two months ago.However, now tha","content":"<html><head></head><body><h2>Summary</h2><ul><li>The S&amp;P 500 dropped by a whopping 20% from its mid-August top two months ago.</li><li>However, now that stock prices are much lower and the November Fed move is priced in, stocks may have another significant countertrend rally in the coming weeks.</li><li>Moreover, big banks are coming out with better-than-expected earnings results, providing another constructive catalyst for stocks to move higher in the near term.</li><li>I&#39;ve made some instrumental portfolio adjustments around the recent lows and plan to continue beating the market in the coming weeks, quarters, and years.</li></ul><p><img src=\"https://static.tigerbbs.com/aa3422b1fb50299630a4442d3236e42d\" tg-width=\"750\" tg-height=\"396\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>We&#39;ve seen some exciting price action in recent weeks. The S&amp;P 500/SPX (SP500) dropped by approximately 20% from its mid-August high to its current bottom at 3,500. I called the August top in the &#34;Near-TermTop&#34; article and a series of other bearish articles I published around that time. I&#39;m not saying that the bear market is over or stocks are heading to the moon from here. However, now that the market is significantly lower, we could see another powerful countertrend rally ahead. The upcoming Fed rate hike is likely priced in, and we see earnings coming in better than expected. If the constructive earnings theme continues, we could see stocks rebound substantially in the coming weeks.</p><h2>Finally, A Technical Setup We Can Work With</h2><p><b>SPX 1-Year Chart</b></p><p><img src=\"https://static.tigerbbs.com/bd9c457964a5ba46f6eba27977384030\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SPX(StockCharts.com)</p><p>The SPX bear market decline has been about 27% from peak to trough. However, the SPX dropped by a whopping 20% since mid August. That&#39;s just two months. The SPX and stocks, in general, got severely oversold. We saw the RSI drop below 30, and the CCI dipped below 200, indicating extremely oversold market conditions. Perhaps most importantly, we witnessed a significant panic-driven reversal last Thursday. The market opened significantly lower with capitulation-style selling, but after the relentless selling, the buyers came in, reversing the market by nearly 200 points. We probably witnessed seller exhaustion, and around 3,500 many market participants did not want to sell anymore. Then the algos and the bulls took over, driving stocks to close at session highs. In short, we may have put in another near-term bottom, and we could see the SPX rally to the 3,800-4,000 resistance point from here and possibly higher after that.</p><h2>It&#39;s All About the Fed and Earnings Right Now</h2><p>While the near-term technical image has improved substantially, it&#39;s still all about the Fed and earnings going into November. Despite the higher-than-anticipated CPI reading and the better-than-expected employment report, the Fed will probably still hike interest rates by 75 basis points at the next meeting.</p><p><b>Rate Probabilities</b></p><p><img src=\"https://static.tigerbbs.com/33d3ae809e7a404a37b9739b9c0063bc\" tg-width=\"640\" tg-height=\"496\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Rate probabilities(CMEGroup.com)</p><p>There&#39;s now about a 95% probability that the Fed will raise the benchmark to 3.75-4% (75 basis points) at the next FOMC meeting in roughly 16 days. While 95% is higher than the 50%-70% expectations we had in recent weeks, it was still likely that the Fed would make another 75 basis point move. Therefore, the market has been preparing for the rate hike in recent weeks, has dropped significantly, and the upcoming rate increase should be fully priced in by now. Moreover, once the Fed raises by 75 basis points at the next meeting, it will probably only move by 25-50 basis points at the December FOMC event, suggesting that we may get a significant relief rally after the Fed&#39;s decision on Nov. 2.</p><h2>Positive Earnings Are a Catalyst for Higher Stock Prices</h2><p>It&#39;s primarily about making or beating your earnings estimates at the end of the day. Forward guidance is an essential element, but I have not heard too much negative news from the recent bellwether names kicking off earnings season. On the contrary, we see banks and other significant corporations reporting better numbers than the street expected, and that&#39;s bullish for stocks.</p><p><b>Here&#39;s What We&#39;ve Seen So Far</b></p><p><img src=\"https://static.tigerbbs.com/bd833be84335bd2b277665f4bcea5fc5\" tg-width=\"640\" tg-height=\"573\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Earnings(Investing.com)</p><p>While it&#39;s not much, we see much better than expected results from big companies. I want to draw your attention to the big banks as they typically set the tone for the entire earnings season. Look at JPMorgan (JPM), Wells Fargo (WFC), Citigroup (C), Bank of America (BAC), and other smash earnings. This phenomenon implies that despite massive drops in stocks, the U.S. economy remains remarkably resilient, and we should see more upside for stocks in the weeks ahead. Moreover, it&#39;s not just the banks. Other companies are reporting better-than-expected earnings figures, and this trend should transition in the weeks ahead. Robust earnings from big tech companies and other bellwether names should fuel the recent rally further, leading to higher stock prices in the near term.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wake Up: The Bear Market Rally Just Started</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWake Up: The Bear Market Rally Just Started\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4546969-bear-market-rally-just-started><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe S&P 500 dropped by a whopping 20% from its mid-August top two months ago.However, now that stock prices are much lower and the November Fed move is priced in, stocks may have another ...</p>\n\n<a href=\"https://seekingalpha.com/article/4546969-bear-market-rally-just-started\">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",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4546969-bear-market-rally-just-started","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1193778940","content_text":"SummaryThe S&P 500 dropped by a whopping 20% from its mid-August top two months ago.However, now that stock prices are much lower and the November Fed move is priced in, stocks may have another significant countertrend rally in the coming weeks.Moreover, big banks are coming out with better-than-expected earnings results, providing another constructive catalyst for stocks to move higher in the near term.I've made some instrumental portfolio adjustments around the recent lows and plan to continue beating the market in the coming weeks, quarters, and years.We've seen some exciting price action in recent weeks. The S&P 500/SPX (SP500) dropped by approximately 20% from its mid-August high to its current bottom at 3,500. I called the August top in the \"Near-TermTop\" article and a series of other bearish articles I published around that time. I'm not saying that the bear market is over or stocks are heading to the moon from here. However, now that the market is significantly lower, we could see another powerful countertrend rally ahead. The upcoming Fed rate hike is likely priced in, and we see earnings coming in better than expected. If the constructive earnings theme continues, we could see stocks rebound substantially in the coming weeks.Finally, A Technical Setup We Can Work WithSPX 1-Year ChartSPX(StockCharts.com)The SPX bear market decline has been about 27% from peak to trough. However, the SPX dropped by a whopping 20% since mid August. That's just two months. The SPX and stocks, in general, got severely oversold. We saw the RSI drop below 30, and the CCI dipped below 200, indicating extremely oversold market conditions. Perhaps most importantly, we witnessed a significant panic-driven reversal last Thursday. The market opened significantly lower with capitulation-style selling, but after the relentless selling, the buyers came in, reversing the market by nearly 200 points. We probably witnessed seller exhaustion, and around 3,500 many market participants did not want to sell anymore. Then the algos and the bulls took over, driving stocks to close at session highs. In short, we may have put in another near-term bottom, and we could see the SPX rally to the 3,800-4,000 resistance point from here and possibly higher after that.It's All About the Fed and Earnings Right NowWhile the near-term technical image has improved substantially, it's still all about the Fed and earnings going into November. Despite the higher-than-anticipated CPI reading and the better-than-expected employment report, the Fed will probably still hike interest rates by 75 basis points at the next meeting.Rate ProbabilitiesRate probabilities(CMEGroup.com)There's now about a 95% probability that the Fed will raise the benchmark to 3.75-4% (75 basis points) at the next FOMC meeting in roughly 16 days. While 95% is higher than the 50%-70% expectations we had in recent weeks, it was still likely that the Fed would make another 75 basis point move. Therefore, the market has been preparing for the rate hike in recent weeks, has dropped significantly, and the upcoming rate increase should be fully priced in by now. Moreover, once the Fed raises by 75 basis points at the next meeting, it will probably only move by 25-50 basis points at the December FOMC event, suggesting that we may get a significant relief rally after the Fed's decision on Nov. 2.Positive Earnings Are a Catalyst for Higher Stock PricesIt's primarily about making or beating your earnings estimates at the end of the day. Forward guidance is an essential element, but I have not heard too much negative news from the recent bellwether names kicking off earnings season. On the contrary, we see banks and other significant corporations reporting better numbers than the street expected, and that's bullish for stocks.Here's What We've Seen So FarEarnings(Investing.com)While it's not much, we see much better than expected results from big companies. I want to draw your attention to the big banks as they typically set the tone for the entire earnings season. Look at JPMorgan (JPM), Wells Fargo (WFC), Citigroup (C), Bank of America (BAC), and other smash earnings. This phenomenon implies that despite massive drops in stocks, the U.S. economy remains remarkably resilient, and we should see more upside for stocks in the weeks ahead. Moreover, it's not just the banks. Other companies are reporting better-than-expected earnings figures, and this trend should transition in the weeks ahead. Robust earnings from big tech companies and other bellwether names should fuel the recent rally further, leading to higher stock prices in the near term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989599412,"gmtCreate":1666046158937,"gmtModify":1676537695144,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9989599412","repostId":"1102401846","repostType":4,"repost":{"id":"1102401846","kind":"news","pubTimestamp":1666017564,"share":"https://ttm.financial/m/news/1102401846?lang=&edition=fundamental","pubTime":"2022-10-17 22:39","market":"us","language":"en","title":"British U-Turn Shows Central Banks Still Rule (and That’s Not Always Good)","url":"https://stock-news.laohu8.com/highlight/detail?id=1102401846","media":"the wall street journal","summary":"On Monday, U.K. Treasury chief, Jeremy Hunt, rolled back about £32 billion of the £45 billion in tax","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/71c79caad8baab7b61e1331331accc96\" tg-width=\"860\" tg-height=\"573\" width=\"100%\" height=\"auto\"/><span>On Monday, U.K. Treasury chief, Jeremy Hunt, rolled back about £32 billion of the £45 billion in tax cuts promised by his predecessor.</span></p><p>In its game of chicken with the U.K. government, the Bank of England has emerged victorious. Investors are relieved, but in truth nobody has much to celebrate.</p><p>On Monday, U.K. Treasury chief Jeremy Huntrolled back £32 billion, equivalent to about $36 billion, out of the £45 billion in tax cuts promised by his predecessorKwasi Kwarteng. British sovereign bonds rallied, particularly those with shorter maturities.</p><p>BOE Gov. Andrew Bailey’s gamble paid off. Last week, he reiterated that bond buying wouldn’t be extended, putting the pension-fund industry at risk. Gilts set the price for U.K. government borrowing but also are key for financial stability, so neither the BOE nor the Treasury could afford to let the volatility sparked by Mr. Kwarteng’s plans persist. But the government blinked first, after financial instability sparked a rebellion within the Conservative Party.</p><p>The incident highlights why investors shouldre-evaluate bonds. Yields can only go so high relative to interest-rate expectations before officials are forced to intervene one way or another. The message for politicians is also clear: Even if central bankers ultimately step in during a crisis, antagonizing them can easily backfire, because they are harder to remove than elected officials.</p><p>Contrary to recent chatter in the City of London and on Wall Street, though, it is doubtful investors ever genuinely feared so-called fiscal domination: U.K. politicians overriding the BOE and creating endless inflation. If that were the case, sterling’s initial drop against the eurowouldn’t have reversed so quickly.</p><p>But this also means that Mr. Hunt’s U-turn doesn’t provide the economy, or the pound, with much upside from here.</p><p>While it is good that Mr. Kwarteng’sill-conceived tax cutshave been canceled, U.K. policy is now more aimless than ever, trapped between another potential leadership battle and the prospect of a straight-jacketed government until as late as January 2025—the deadline for a parliamentary election. Mr. Hunt seems to be focused on reducing bond yields over the next two weeks so that, when the U.K.’s independent fiscal watchdog publishes its medium-term projections for public debt, they are a bit less scary. At current levels, a flat debt-to-output ratio in three years’ time would demand £40 billion more in annual savings, according toSamuel Tombsat Pantheon Macroeconomics.</p><p>“All departments will need to redouble their efforts to find savings and some areas of spending will need to be cut,” Mr. Hunt said Monday.</p><p>Such talk echoes the fiscal orthodoxy that sapped U.K. growth in the 2010s. Even the inflation-reducing energy-bill cap is set to be redrawn next year to reduce expenses. Public-sector austerity has become yet another risk for the country’s economy, on top of rising energy and mortgage costs and a shrinking labor force.</p><p>After Monday’s gilt-market rally, yields remain elevated. The problem is that they are determined more by the central bank than by the stock of government debt, and the BOE finds it easier to ignore concerns other than high inflation. It has refused to act more decisively to help pension funds unwind their leverage quickly—leverage motivated by accounting standards enforced by regulators—and even remains committed to selling its own bond portfolio. Since Mr. Baileysaid in a speech Saturdaythat these bond sales aren’t part of setting monetary policy, the only rationale for not suspending them can be establishing its own supremacy over the Treasury.</p><p>An important learning from the post-2008 period was that some coordination between governments and central banks can lead to better outcomes. As the U.K. has so dramatically shown, this also risks getting eroded by rising interest rates.</p><p></p></body></html>","source":"wsj_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>British U-Turn Shows Central Banks Still Rule (and That’s Not Always Good)</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\">\nBritish U-Turn Shows Central Banks Still Rule (and That’s Not Always Good)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-17 22:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/british-u-turn-shows-central-banks-still-rule-and-thats-not-always-good-11666016908?mod=rss_markets_main><strong>the wall street journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Monday, U.K. Treasury chief, Jeremy Hunt, rolled back about £32 billion of the £45 billion in tax cuts promised by his predecessor.In its game of chicken with the U.K. government, the Bank of ...</p>\n\n<a href=\"https://www.wsj.com/articles/british-u-turn-shows-central-banks-still-rule-and-thats-not-always-good-11666016908?mod=rss_markets_main\">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.wsj.com/articles/british-u-turn-shows-central-banks-still-rule-and-thats-not-always-good-11666016908?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102401846","content_text":"On Monday, U.K. Treasury chief, Jeremy Hunt, rolled back about £32 billion of the £45 billion in tax cuts promised by his predecessor.In its game of chicken with the U.K. government, the Bank of England has emerged victorious. Investors are relieved, but in truth nobody has much to celebrate.On Monday, U.K. Treasury chief Jeremy Huntrolled back £32 billion, equivalent to about $36 billion, out of the £45 billion in tax cuts promised by his predecessorKwasi Kwarteng. British sovereign bonds rallied, particularly those with shorter maturities.BOE Gov. Andrew Bailey’s gamble paid off. Last week, he reiterated that bond buying wouldn’t be extended, putting the pension-fund industry at risk. Gilts set the price for U.K. government borrowing but also are key for financial stability, so neither the BOE nor the Treasury could afford to let the volatility sparked by Mr. Kwarteng’s plans persist. But the government blinked first, after financial instability sparked a rebellion within the Conservative Party.The incident highlights why investors shouldre-evaluate bonds. Yields can only go so high relative to interest-rate expectations before officials are forced to intervene one way or another. The message for politicians is also clear: Even if central bankers ultimately step in during a crisis, antagonizing them can easily backfire, because they are harder to remove than elected officials.Contrary to recent chatter in the City of London and on Wall Street, though, it is doubtful investors ever genuinely feared so-called fiscal domination: U.K. politicians overriding the BOE and creating endless inflation. If that were the case, sterling’s initial drop against the eurowouldn’t have reversed so quickly.But this also means that Mr. Hunt’s U-turn doesn’t provide the economy, or the pound, with much upside from here.While it is good that Mr. Kwarteng’sill-conceived tax cutshave been canceled, U.K. policy is now more aimless than ever, trapped between another potential leadership battle and the prospect of a straight-jacketed government until as late as January 2025—the deadline for a parliamentary election. Mr. Hunt seems to be focused on reducing bond yields over the next two weeks so that, when the U.K.’s independent fiscal watchdog publishes its medium-term projections for public debt, they are a bit less scary. At current levels, a flat debt-to-output ratio in three years’ time would demand £40 billion more in annual savings, according toSamuel Tombsat Pantheon Macroeconomics.“All departments will need to redouble their efforts to find savings and some areas of spending will need to be cut,” Mr. Hunt said Monday.Such talk echoes the fiscal orthodoxy that sapped U.K. growth in the 2010s. Even the inflation-reducing energy-bill cap is set to be redrawn next year to reduce expenses. Public-sector austerity has become yet another risk for the country’s economy, on top of rising energy and mortgage costs and a shrinking labor force.After Monday’s gilt-market rally, yields remain elevated. The problem is that they are determined more by the central bank than by the stock of government debt, and the BOE finds it easier to ignore concerns other than high inflation. It has refused to act more decisively to help pension funds unwind their leverage quickly—leverage motivated by accounting standards enforced by regulators—and even remains committed to selling its own bond portfolio. Since Mr. Baileysaid in a speech Saturdaythat these bond sales aren’t part of setting monetary policy, the only rationale for not suspending them can be establishing its own supremacy over the Treasury.An important learning from the post-2008 period was that some coordination between governments and central banks can lead to better outcomes. As the U.K. has so dramatically shown, this also risks getting eroded by rising interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917302097,"gmtCreate":1665438960020,"gmtModify":1676537604138,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9917302097","repostId":"1129204631","repostType":4,"repost":{"id":"1129204631","kind":"news","pubTimestamp":1665415321,"share":"https://ttm.financial/m/news/1129204631?lang=&edition=fundamental","pubTime":"2022-10-10 23:22","market":"us","language":"en","title":"The 2022 Bear Market Cycle May Be Far From Over","url":"https://stock-news.laohu8.com/highlight/detail?id=1129204631","media":"Seeking Alpha","summary":"SummaryThe bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.</li><li>However, that doesn&#39;t mean it will be the bottom.</li><li>Whether the market bottoms or not will depend on interest rates.</li></ul><p>The bear market of 2022 still has further to run based on historical trends and valuations versus interest rates. The 2022 S&amp;P 500 continues to trace bear markets of 1937, 2000, and 2008, which is more an indication of the ebb and flow of human nature than past and future events.</p><p>The mid-August peak served as another turning point for the S&amp;P 500, leading to a new September low. At this point, the historical references of the great bear markets of the past suggest another low is due sometime around October 25, give or take a couple of days, followed by an upward move and perhaps some consolidation.</p><p><img src=\"https://static.tigerbbs.com/49a5b3b87d56cd4bd4441ffe78d7917b\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>An October New Low?</b></p><p>From a perspective of events that could lead to a continued decline and bottom at the end of October, a better-than-feared earnings season could be one such event. Whether a late October low will be the bottom or a short-term low is yet to be seen, but given how high valuations are, more work will need to be done for the bottom to be put in place.</p><p>It&#39;s All About Rates</p><p>The S&amp;P 500 earnings yield for 2022 minus the 10-Yr real yield is currently 4.56%. Historically, that is at the lower end of the range and associated with market tops, not bottoms. For example, the 4.5% region was visited in December 2016, January 2018, October 2018, and June 2020. The only case that didn&#39;t see a significant decline was in December 2016, when the index consolidated sideways for nearly three months.</p><p><img src=\"https://static.tigerbbs.com/cbe9b42330ab57d8cb7fcad9ad287b66\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Since 2014, the average spread between the S&amp;P 500 current year earnings yields and the 10-Yr real yield has been around 5.2%, with a standard deviation range of 4.87% to 5.57%. Currently, the S&amp;P 500 premium to the 10-yr TIP is more than two standard deviations from the average. The spread would need to rise by 30 bps to get the index back to within one standard deviation, or by 65 bps to return to the historical average.</p><p><img src=\"https://static.tigerbbs.com/716b902ff03171d3d6501fc54cd5e4ff\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Another 9% Decline?</p><p>The S&amp;P 500 has an earnings yield based on 2022 earnings estimates of 6.17%. An increase of 30 bps would increase the yield to 6.47%, and an increase of 60 bps would increase the yield to 6.77%. The earnings yield is simply the inverse of the PE ratio, which means the current PE ratio is 16.2 and would need to fall to 15.4 or 14.7 to bring the S&amp;P 500 back to a historically average fair value.</p><p>With the earnings estimates for 2022 currently tracking at $224.73, it would value the S&amp;P 500 in a range of 3,460 to 3,300. That would equal a further decline in the index of around 5% to 9%.</p><p><img src=\"https://static.tigerbbs.com/65e039fb8224601f45af66fa8d842e51\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>What will tell us when this bear market is over is more likely to be interest rates and the dollar index, as these will likely provide a much better signal than other metrics. Because if rates continue to rise, the S&amp;P 500 will need to continue to decline with the pace of rates risings.</p><p>Rate Cuts?</p><p>Typically, the 10-year minus the 2-year spread tells us when the Fed is about to start cutting rates. It is at the point where the spread begins to rise that tends to serve as the best reference for the end of a rate-hiking cycle and the start of a rate-cutting cycle.</p><p><img src=\"https://static.tigerbbs.com/446920a17ef8c631f042c4e6c66a83c5\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>As the market anticipates Fed rate cuts, the 2-Year yield begins to fall back to the 10-Year. It is the opposite, with the 10-2 year spread just recently making a new low in September and showing very little if no signs of turning higher.</p><p><img src=\"https://static.tigerbbs.com/4ebdd77840eddc274c550c53a8b6d962\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Meanwhile, the best way to determine when the 10-2 Year spread may begin to rise is by looking at the unemployment rate because that tends to be a very good predictor of where yields are heading. Typically, when the unemployment starts to run higher, it indicates that the 10-2 year spread will widen, suggesting a rate cut cycle is near.</p><p><img src=\"https://static.tigerbbs.com/a37e7dfd2cd888c6f32ea805482bc8b2\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>In this case, Friday&#39;s job report showed the unemployment rate fell to 3.5% from 3.7% last month and back to its July lows. That leaves the spread between the ten and 2-year Treasury nowhere close to putting in a bottom, and means the Fed is probably nowhere close to finishing its rate hiking cycle.</p><p>If the Fed is nowhere close to finishing its rate hiking cycle, then rates probably aren&#39;t finished rising. Thus, the equity market bear market cycle probably still has further to run, even if the equity market finds a short-term bottom at the end of October.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 2022 Bear Market Cycle May Be Far From Over</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 2022 Bear Market Cycle May Be Far From Over\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-10 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545463-2022-bear-market-cycle-far-from-over><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.However, that doesn't mean it will be the bottom.Whether the market bottoms or not will depend on ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545463-2022-bear-market-cycle-far-from-over\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4545463-2022-bear-market-cycle-far-from-over","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129204631","content_text":"SummaryThe bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.However, that doesn't mean it will be the bottom.Whether the market bottoms or not will depend on interest rates.The bear market of 2022 still has further to run based on historical trends and valuations versus interest rates. The 2022 S&P 500 continues to trace bear markets of 1937, 2000, and 2008, which is more an indication of the ebb and flow of human nature than past and future events.The mid-August peak served as another turning point for the S&P 500, leading to a new September low. At this point, the historical references of the great bear markets of the past suggest another low is due sometime around October 25, give or take a couple of days, followed by an upward move and perhaps some consolidation.BloombergAn October New Low?From a perspective of events that could lead to a continued decline and bottom at the end of October, a better-than-feared earnings season could be one such event. Whether a late October low will be the bottom or a short-term low is yet to be seen, but given how high valuations are, more work will need to be done for the bottom to be put in place.It's All About RatesThe S&P 500 earnings yield for 2022 minus the 10-Yr real yield is currently 4.56%. Historically, that is at the lower end of the range and associated with market tops, not bottoms. For example, the 4.5% region was visited in December 2016, January 2018, October 2018, and June 2020. The only case that didn't see a significant decline was in December 2016, when the index consolidated sideways for nearly three months.BloombergSince 2014, the average spread between the S&P 500 current year earnings yields and the 10-Yr real yield has been around 5.2%, with a standard deviation range of 4.87% to 5.57%. Currently, the S&P 500 premium to the 10-yr TIP is more than two standard deviations from the average. The spread would need to rise by 30 bps to get the index back to within one standard deviation, or by 65 bps to return to the historical average.BloombergAnother 9% Decline?The S&P 500 has an earnings yield based on 2022 earnings estimates of 6.17%. An increase of 30 bps would increase the yield to 6.47%, and an increase of 60 bps would increase the yield to 6.77%. The earnings yield is simply the inverse of the PE ratio, which means the current PE ratio is 16.2 and would need to fall to 15.4 or 14.7 to bring the S&P 500 back to a historically average fair value.With the earnings estimates for 2022 currently tracking at $224.73, it would value the S&P 500 in a range of 3,460 to 3,300. That would equal a further decline in the index of around 5% to 9%.BloombergWhat will tell us when this bear market is over is more likely to be interest rates and the dollar index, as these will likely provide a much better signal than other metrics. Because if rates continue to rise, the S&P 500 will need to continue to decline with the pace of rates risings.Rate Cuts?Typically, the 10-year minus the 2-year spread tells us when the Fed is about to start cutting rates. It is at the point where the spread begins to rise that tends to serve as the best reference for the end of a rate-hiking cycle and the start of a rate-cutting cycle.BloombergAs the market anticipates Fed rate cuts, the 2-Year yield begins to fall back to the 10-Year. It is the opposite, with the 10-2 year spread just recently making a new low in September and showing very little if no signs of turning higher.BloombergMeanwhile, the best way to determine when the 10-2 Year spread may begin to rise is by looking at the unemployment rate because that tends to be a very good predictor of where yields are heading. Typically, when the unemployment starts to run higher, it indicates that the 10-2 year spread will widen, suggesting a rate cut cycle is near.BloombergIn this case, Friday's job report showed the unemployment rate fell to 3.5% from 3.7% last month and back to its July lows. That leaves the spread between the ten and 2-year Treasury nowhere close to putting in a bottom, and means the Fed is probably nowhere close to finishing its rate hiking cycle.If the Fed is nowhere close to finishing its rate hiking cycle, then rates probably aren't finished rising. Thus, the equity market bear market cycle probably still has further to run, even if the equity market finds a short-term bottom at the end of October.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916574165,"gmtCreate":1664660983857,"gmtModify":1676537488813,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9916574165","repostId":"1143382766","repostType":4,"repost":{"id":"1143382766","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":1664621339,"share":"https://ttm.financial/m/news/1143382766?lang=&edition=fundamental","pubTime":"2022-10-01 18:48","market":"hk","language":"en","title":"XPeng Delivered 8,468 Smart EVs in September; G9 Flagship SUV Deliveries Started in September","url":"https://stock-news.laohu8.com/highlight/detail?id=1143382766","media":"Tiger Newspress","summary":"XPeng today announced its vehicle delivery results for September 2022 and the third quarter 2022.XPe","content":"<html><head></head><body><p>XPeng today announced its vehicle delivery results for September 2022 and the third quarter 2022.</p><p>XPeng recorded monthly deliveries in September of 8,468 Smart EVs, consisting of 4,643 P7s, the Company’s smart sports sedan, 2,417 P5 smart family sedans and 1,233 G3i smart compact SUVs.</p><p>September deliveries also included 184 G9 Flagship SUVs, the Company’s fourth production model launched on September 21. G9 mass deliveries are on schedule to begin in late October.</p><p>Total deliveries in the third quarter 2022 reached 29,570, representing a 15% increase year-over-year. As of September 30, 2022, year-to-date deliveries were 98,553, representing a 75% increase year-over-year and surpassing total deliveries in 2021.</p><p>In September, the Company reached a key milestone in its proprietary technology by rolling out City NGP (Navigation Guided Pilot), China’s most advanced ADAS for urban driving, in a Guangzhou-based pilot program. It also launched the first batch of 480 kW S4 supercharging stations in five Chinese cities, including Beijing, Shanghai, Shenzhen, Guangzhou and Wuhan.XPeng is rapidly expanding its nationwide fast charging network and aims to bring over 50 S4 supercharging stations into operation by the end of this year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng Delivered 8,468 Smart EVs in September; G9 Flagship SUV Deliveries Started in September</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\">\nXPeng Delivered 8,468 Smart EVs in September; G9 Flagship SUV Deliveries Started in September\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-10-01 18:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>XPeng today announced its vehicle delivery results for September 2022 and the third quarter 2022.</p><p>XPeng recorded monthly deliveries in September of 8,468 Smart EVs, consisting of 4,643 P7s, the Company’s smart sports sedan, 2,417 P5 smart family sedans and 1,233 G3i smart compact SUVs.</p><p>September deliveries also included 184 G9 Flagship SUVs, the Company’s fourth production model launched on September 21. G9 mass deliveries are on schedule to begin in late October.</p><p>Total deliveries in the third quarter 2022 reached 29,570, representing a 15% increase year-over-year. As of September 30, 2022, year-to-date deliveries were 98,553, representing a 75% increase year-over-year and surpassing total deliveries in 2021.</p><p>In September, the Company reached a key milestone in its proprietary technology by rolling out City NGP (Navigation Guided Pilot), China’s most advanced ADAS for urban driving, in a Guangzhou-based pilot program. It also launched the first batch of 480 kW S4 supercharging stations in five Chinese cities, including Beijing, Shanghai, Shenzhen, Guangzhou and Wuhan.XPeng is rapidly expanding its nationwide fast charging network and aims to bring over 50 S4 supercharging stations into operation by the end of this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143382766","content_text":"XPeng today announced its vehicle delivery results for September 2022 and the third quarter 2022.XPeng recorded monthly deliveries in September of 8,468 Smart EVs, consisting of 4,643 P7s, the Company’s smart sports sedan, 2,417 P5 smart family sedans and 1,233 G3i smart compact SUVs.September deliveries also included 184 G9 Flagship SUVs, the Company’s fourth production model launched on September 21. G9 mass deliveries are on schedule to begin in late October.Total deliveries in the third quarter 2022 reached 29,570, representing a 15% increase year-over-year. As of September 30, 2022, year-to-date deliveries were 98,553, representing a 75% increase year-over-year and surpassing total deliveries in 2021.In September, the Company reached a key milestone in its proprietary technology by rolling out City NGP (Navigation Guided Pilot), China’s most advanced ADAS for urban driving, in a Guangzhou-based pilot program. It also launched the first batch of 480 kW S4 supercharging stations in five Chinese cities, including Beijing, Shanghai, Shenzhen, Guangzhou and Wuhan.XPeng is rapidly expanding its nationwide fast charging network and aims to bring over 50 S4 supercharging stations into operation by the end of this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072836830,"gmtCreate":1658015067820,"gmtModify":1676536092420,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072836830","repostId":"2251464222","repostType":4,"repost":{"id":"2251464222","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":1657929818,"share":"https://ttm.financial/m/news/2251464222?lang=&edition=fundamental","pubTime":"2022-07-16 08:03","market":"us","language":"en","title":"Elon Musk Seeks to Block Twitter's Request for Expedited Trial","url":"https://stock-news.laohu8.com/highlight/detail?id=2251464222","media":"Reuters","summary":"Elon Musk filed a motion on Friday opposing Twitter Inc's    request to fast-track a trial over his ","content":"<html><head></head><body><p>Elon Musk filed a motion on Friday opposing <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc&#39;s    request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.</p><p>Musk&#39;s lawyers, in papers filed with the Delaware Chancery Court, said Twitter&#39;s &#34;unjustifiable request to rush this $44 billion merger case to trial in just two months&#34; should be rejected.</p><p>&#34;Twitter&#39;s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing,&#34; the filing said.</p><p>The lawyers argued that the core dispute over false and spam accounts is fundamental to Twitter&#39;s value, is extremely fact- and expert-intensive, and will require substantial time for discovery.</p><p>The lawyers have requested a trial date on or after Feb. 13 next year.</p><p>Twitter declined to comment.</p><p>Shares of Twitter were down 0.69% in extended trading.<img src=\"https://static.tigerbbs.com/2cfcd9ac089326e5fa29fb329cfa8da6\" tg-width=\"840\" tg-height=\"843\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Seeks to Block Twitter's Request for Expedited Trial</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\">\nElon Musk Seeks to Block Twitter's Request for Expedited Trial\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-16 08:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Elon Musk filed a motion on Friday opposing <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc&#39;s    request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.</p><p>Musk&#39;s lawyers, in papers filed with the Delaware Chancery Court, said Twitter&#39;s &#34;unjustifiable request to rush this $44 billion merger case to trial in just two months&#34; should be rejected.</p><p>&#34;Twitter&#39;s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing,&#34; the filing said.</p><p>The lawyers argued that the core dispute over false and spam accounts is fundamental to Twitter&#39;s value, is extremely fact- and expert-intensive, and will require substantial time for discovery.</p><p>The lawyers have requested a trial date on or after Feb. 13 next year.</p><p>Twitter declined to comment.</p><p>Shares of Twitter were down 0.69% in extended trading.<img src=\"https://static.tigerbbs.com/2cfcd9ac089326e5fa29fb329cfa8da6\" tg-width=\"840\" tg-height=\"843\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4555":"新能源车","BK4550":"红杉资本持仓","TSLA":"特斯拉","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4551":"寇图资本持仓","BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","BK4581":"高盛持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251464222","content_text":"Elon Musk filed a motion on Friday opposing Twitter Inc's    request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's \"unjustifiable request to rush this $44 billion merger case to trial in just two months\" should be rejected.\"Twitter's sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing,\" the filing said.The lawyers argued that the core dispute over false and spam accounts is fundamental to Twitter's value, is extremely fact- and expert-intensive, and will require substantial time for discovery.The lawyers have requested a trial date on or after Feb. 13 next year.Twitter declined to comment.Shares of Twitter were down 0.69% in extended trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010493186,"gmtCreate":1648440484119,"gmtModify":1676534338183,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010493186","repostId":"2222885292","repostType":4,"repost":{"id":"2222885292","kind":"news","pubTimestamp":1648420879,"share":"https://ttm.financial/m/news/2222885292?lang=&edition=fundamental","pubTime":"2022-03-28 06:41","market":"us","language":"en","title":"March Jobs Report, PCE Inflation, Consumer Confidence: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2222885292","media":"Yahoo Finance","summary":"The March jobs report takes center stage this week. The Labor Department’s monthly snapshot of U.S. ","content":"<html><head></head><body><p>The March jobs report takes center stage this week. The Labor Department’s monthly snapshot of U.S. employment will be closely watched by market participants and will carry special weight as Federal Reserve officials appear to signal more hawkishness in the central bank’s rate-hiking plans. Meanwhile, Core PCE, the Fed’s preferred inflation gauge, is also due out Wednesday and will offer further clues on how aggressive the next interest rate bump could be.</p><p>Despite a streak of seesaw action, markets have mostly fared well since the Fed raised interest rates by 25 basis points on March 16 in the first hike since 2018. The Dow Jones Industrial Average, Nasdaq Composite, and S&amp;P 500 each registered their second straight week of gains on Friday to close at one-month highs.</p><p>Still, questions remain around the central bank’s path forward and investors are watching closely to see whether the ramp up in short-term rates that is underway will blunt the market’s gains.</p><p>The latest jobs report due out Friday comes as traders are braced for the likelihood that Fed officials may lean into higher borrowing costs more aggressively than anticipated after recent remarks from Fed Chair Jerome Powell indicating “ongoing rate increases will be appropriate” to lower inflation readings. If Friday’s employment data shows a tighter-than-ever labor market, policymakers could be even more inclined to move ahead with a 50-basis point hike.</p><p>“The payroll jobs report could be the biggest one yet in this recovery from the pandemic,” FWDBONDS chief economist Christopher Rupkey said in a recent note. “Federal Reserve officials are already chomping at the bit for bigger 50 bps rate hikes at upcoming meetings, and the tightest labor market since the 1960s is like pouring gasoline on the fire where any policy official worth his or her salt is burning with desire to get interest rates up to 2% neutral levels now.”</p><p>All things suggest a jaw-dropping jobs report. Last week, U.S. jobless claims notched the lowest level since September 1969 at 187,000 filings. Moreover, the most recent employment report blew past what economists had estimated, posting a stunning 687,000 jobs added or created during the month of February. The March report is expected to show another robust reading with payrolls likely to rise by 490,000, according to Bloomberg economist estimates.</p><p>This labor market tightness has strongly informed the Fed’s decision to rein in monetary policy, with economic momentum suggesting to officials that the U.S. economy could weather less accommodative financial conditions.</p><p>“The Federal Reserve has a dual mandate to promote employment and stable prices,” Bankrate senior industry analyst Ted Rossman said in a note. “The strong labor market is leading the Fed to focus squarely on combating the high inflation rate. Fed Chair Jerome Powell recently hinted at a more aggressive pace of rate hikes, and this report fits that narrative since inflation is a much bigger concern than unemployment right now.”</p><p>While an improving labor market is good for U.S. households, widespread job openings have made room for significant leverage for workers, driving wage gains higher and further elevating inflationary pressures.</p><p>To add to that, Bank of America pointed out that amid the labor market recovery is a higher level of job openings for any given unemployment rate than compared to prior history. As a result, the short-run inflation neutral unemployment rate (NAIRU) may be higher than longer-run estimates, implying more sustained wage and price pressures in the near-term, according to the bank.</p><p>The Labor Department&#39;s JOLTs (Job Openings and Labor Turnover Summary) for February will be released Tuesday with analysts, according to Bloomberg consensus, expecting vacancies of 11 million, similar to January&#39;s results.</p><p>“The pandemic labor market has seen an extraordinary outward shift in the Beveridge curve (the relationship between unemployment and the job vacancy rate), suggesting difficulty in matching workers to jobs,” BofA economists said in a recent note. “This mismatch may reflect surging goods spending and hence a shortage of workers in the hottest part of the economy.”</p><h2><b>Fed&#39;s measure of inflation</b></h2><p>Also on the inflation front, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE) deflator this Thursday. The measure is another gauge of how quickly prices are increasing across the country. Consensus economists expect the PCE to post a rise of another 0.6% in February, according to Bloomberg data, This would mark the 15th consecutive monthly increase and bring the index up by 6.4% on a year-over-year basis.</p><p>The core PCE index, which the Fed uses to conduct monetary policy, is also expected to show an increase when the print publishes Wednesday. Consensus economists are looking for a 5.5% increase in core PCE in February, compared to January’s 5.2% rise.</p><p>The Fed&#39;s already arduous task of mitigating inflation without stunting economic growth is further complicated by geopolitical turmoil in Eastern Europe. War in Ukraine and penalizing sanctions against Russia for its invasion of the country have raised uncertainty in recent weeks over the conflict’s toll on the global economic picture and potential spillover consequences for the U.S. Namely, rising oil prices have elevated inflation expectations. WTI crude oil futures snapped a two-week losing streak to round out the week 8.8% higher at $113.90 per barrel as of Friday&#39;s close.</p><p>OPEC+ (Organization of the Petroleum Exporting Countries) is scheduled to hold a virtual meeting on March 31 with Russia and its nine other allies to discuss May production levels. The intergovernmental organization is expected to maintain current production plans, even as crude oil prices trade at a 14-year high.</p><p>“The Fed seems to be the only central bank still focused on increasing its hawkishness” amid higher energy prices and inflation,&#34; Charles Schwab Chief Global Investment Strategist Jeffrey Kleintop told Yahoo Finance Live. “It’s noteworthy.”</p><h2><b>Consumer confidence</b></h2><p>As inflation worries mount, consumers are getting wary about what&#39;s ahead. The Conference Board&#39;s Consumer Confidence Index due for release on Tuesday will show a timely snapshot of their thinking following the latest spike in prices. Economists surveyed by Bloomberg are looking for the index to fall to 107.0 for March following a read of 110.5 last month.</p><p>Last week&#39;s further decline in the University of Michigan&#39;s final consumer sentiment index for March, which fell to 59.4 from a preliminary reading of 59.7 and 62.8 in the prior month, is an indication of consumers&#39; changing attitude about their economic future. The survey saw more consumers report reduced living standards due to rising inflation than any other time except during the two worst recessions in the past 50 years: from March 1979 to April 1981, and from May to October 2008, the University of Michigan said.</p><p>&#34;Usually consumers fret about job opportunities and the lack thereof, but this time, the consumer is in sync with Fed officials that the greatest danger the economy faces is inflation,&#34; Rupkey said in recent commentary. &#34;Consumers continue to spend, but future consumption is very much in doubt as the cost of store bought goods soars ever higher.&#34;</p><p>&#34;We have rarely seen consumers this pessimistic outside of the darkest days of recessions, but the polling indicates the public is more scared about their economic future than they have been in years,&#34; he wrote. &#34;Everyone get out of the way because if the consumer stops, then the economy drops and it will be a miracle if the economy can avoid a shipwreck on the shores of recession.&#34;</p><p>Earnings season has winded down — though the next quarterly read (representing the first three months of 2022) will be underway soon. A few reports are in the queue to trickle in on Friday, with names including <a href=\"https://laohu8.com/S/JEF\">Jefferies Financial </a>, <a href=\"https://laohu8.com/S/CHWY\">Chewy </a>, <a href=\"https://laohu8.com/S/LULU\">Lululemon </a>, and others.</p><p><b>Economic calendar</b></p><p><b>Monday:</b> Advance Goods Trade Balance, February (-$106.3 billion expected, -$107.6 billion during prior month); Wholesale Inventories, month-over-month, February preliminary (1.2% expected, 0.8% during previous month, upwardly revised to 1.0%); Retail Inventories, month-over-month, February (1.4% expected, 4.9% during prior month); Dallas Fed Manufacturing Activity, March (11 expected, 14 during prior month)</p><p><b>Tuesday:</b> FHFA House Pricing Index, month-over-month, January (1.3% expected, 1.2% during prior month); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite, month-over-month, January (1.50% expected, 1.46% during prior month); S&amp;P CoreLogic Case-Shiller 20-City Composite, year-over-year, January (18.55% expected, 18.56% during prior month); S&amp;P CoreLogic Case-Shiller U.S. National Home Price Index, year-over-year, January (18.84% during prior month); Conference Board Consumer Confidence, March (107.0 expected, 110.5 during prior read); Conference Board Present Situation, March (145.1 during prior read); Conference Board Expectations, March (87.5 during prior read); JOLTS job openings, February (11 million expected, 11.26 million during prior month)</p><p><b>Wednesday:</b> MBA Mortgage Applications, week ended March 25 (-8.1% during prior week); ADP Employment Change, March (450,000 expected, 475,000 during prior month); GDP Annualized, quarter-over-quarter, 4Q third (7.0% expected, 7.0% prior); Personal Consumption, quarter-over-quarter, 4Q third (3.1% expected, 3.1% prior); GDP Price Index, quarter-over-quarter, 4Q third (7.1% expected, 7.1% prior); Core PCE, quarter-over-quarter, 4Q third (5.0% expected, 5.0% prior);</p><p><b>Thursday</b>: Challenger Job Cuts, year-over-year, March (-55.9% during prior month); Personal Income, month-over-month, February (0.5% expected, 0.0% during prior month); Personal Spending, month-over-month, February (0.5% expected, 2.1% during prior month); Real Personal Spending, month-over-month, February (-0.2% expected, 1.5% during prior month); PCE deflator, month-over-month, February (0.6% expected, 0.6% during prior month); PCE deflator, year-over-year, February (6.4% expected, 6.1% during prior month); PCE core deflator, month-over-month, February (0.4% expected, 0.5% during prior month); PCE core deflator, year-over-year, February (5.5% expected, 5.2% during prior month); Initial Jobless Claims, week ended March 26 (200,000 expected, 187,000 during prior week); Continuing Claims, week ended March 19 (1.35 million expected, 1.35 million during prior week); MNI Chicago PMI, March (57.0 expected, 56.3 during prior month)</p><p><b>Friday: </b><a href=\"https://laohu8.com/S/TWOA.U\">Two</a>-Month Payroll Net Revision, March (92,000 prior); Change in Nonfarm Payrolls, March (490,000 expected, 678,000 during prior month); Change in Private Payrolls, March (408,000 expected, 444,000 during prior month); Change in Manufacturing Payrolls, January (30,000 expected, 36,000 during prior month); Unemployment Rate, March (3.7% expected, 3.8% during prior month); Average Hourly Earnings, month-over-month, March (0.4% expected, 0.0% during prior month); Average Hourly Earnings, year-over-year, March (5.5% expected, 5.1% prior month); Average Weekly Hours All Employees, March (34.7 expected, 34.7 during prior month); Labor Force Participation Rate, March (62.4% expected, 62.3% during prior month); Underemployment Rate, March (7.2% prior month); S&amp;P Global Manufacturing PMI, March final (58.5 expected, 58.5 during prior month); Construction Spending, month-over-month, February (1.0% expected, 1.3% during prior month); ISM Manufacturing, March (59.0 expected, 58.6 during prior month); ISM Prices Paid, March (80 expected, 75.6 prior month); ISM New Orders, March (61.7 during prior month); ISM Employment, March (52.9 during prior month); WARDS Total Vehicle Sales, March (13.90 million expected, 14.07 million prior month)</p><h3><b>Earnings calendar</b></h3><p><b>Monday</b></p><p>Before market open: <a href=\"https://laohu8.com/S/TPG\">TPG </a></p><p>After market close: <a href=\"https://laohu8.com/S/JEF\">Jefferies Financial </a>, <a href=\"https://laohu8.com/S/PLAY\">Dave &amp; Buster’s Entertainment </a></p><p><b>Tuesday</b></p><p>Before market open: <a href=\"https://laohu8.com/S/MKC\">McCormick </a></p><p>After market close: <a href=\"https://laohu8.com/S/CHWY\">Chewy </a>, <a href=\"https://laohu8.com/S/RH\">RH </a>, <a href=\"https://laohu8.com/S/MU\">Micron Technology </a>, <a href=\"https://laohu8.com/S/LULU\">Lululemon </a></p><p><b>Wednesday</b></p><p>Before market open: <a href=\"https://laohu8.com/S/FIVE\">Five Below</a></p><p>After market close: <i>No notable reports scheduled for release</i></p><p><b>Thursday</b></p><p>Before market open: <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA)</p><p>After market close: <a href=\"https://laohu8.com/S/BB\">Blackberry </a></p><p><b>Friday</b></p><p>No notable reports scheduled for release</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>March Jobs Report, PCE Inflation, Consumer Confidence: What to Know This Week</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\">\nMarch Jobs Report, PCE Inflation, Consumer Confidence: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-28 06:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/march-jobs-report-pce-inflation-fed-hike-watch-what-to-know-this-week-160533408.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The March jobs report takes center stage this week. The Labor Department’s monthly snapshot of U.S. employment will be closely watched by market participants and will carry special weight as Federal ...</p>\n\n<a href=\"https://finance.yahoo.com/news/march-jobs-report-pce-inflation-fed-hike-watch-what-to-know-this-week-160533408.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4579":"人工智能","BK4141":"半导体产品","BK4550":"红杉资本持仓","BK4122":"互联网与直销零售","WBA":"沃尔格林联合博姿","JEF":"杰富瑞","BK4561":"索罗斯持仓","BK4547":"WSB热门概念","TPG":"TPG, Inc.","BK4097":"系统软件","QQQ":"纳指100ETF","SPY":"标普500ETF","BK4581":"高盛持仓","LULU":"lululemon athletica","BK4512":"苹果概念","BK4504":"桥水持仓","BK4135":"资产管理与托管银行","BK4200":"专卖店","BK4209":"餐馆","MKC":"味好美","BK4202":"服装、服饰与奢侈品","BK4548":"巴美列捷福持仓","FIVE":"Five Below","RH":"Restoration Hardware Holdings","BK4127":"投资银行业与经纪业","PLAY":"Dave & Buster","BK4212":"包装食品与肉类","BK4554":"元宇宙及AR概念","BK4178":"家庭装饰零售","BK4532":"文艺复兴科技持仓","CHWY":"Chewy, Inc.","BK4553":"喜马拉雅资本持仓","BB":"黑莓","MU":"美光科技","BK4534":"瑞士信贷持仓","BK4128":"药品零售","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4575":"芯片概念","SPY.AU":"SPDR® S&P 500® ETF Trust","BK4559":"巴菲特持仓","BK4527":"明星科技股"},"source_url":"https://finance.yahoo.com/news/march-jobs-report-pce-inflation-fed-hike-watch-what-to-know-this-week-160533408.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222885292","content_text":"The March jobs report takes center stage this week. The Labor Department’s monthly snapshot of U.S. employment will be closely watched by market participants and will carry special weight as Federal Reserve officials appear to signal more hawkishness in the central bank’s rate-hiking plans. Meanwhile, Core PCE, the Fed’s preferred inflation gauge, is also due out Wednesday and will offer further clues on how aggressive the next interest rate bump could be.Despite a streak of seesaw action, markets have mostly fared well since the Fed raised interest rates by 25 basis points on March 16 in the first hike since 2018. The Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 each registered their second straight week of gains on Friday to close at one-month highs.Still, questions remain around the central bank’s path forward and investors are watching closely to see whether the ramp up in short-term rates that is underway will blunt the market’s gains.The latest jobs report due out Friday comes as traders are braced for the likelihood that Fed officials may lean into higher borrowing costs more aggressively than anticipated after recent remarks from Fed Chair Jerome Powell indicating “ongoing rate increases will be appropriate” to lower inflation readings. If Friday’s employment data shows a tighter-than-ever labor market, policymakers could be even more inclined to move ahead with a 50-basis point hike.“The payroll jobs report could be the biggest one yet in this recovery from the pandemic,” FWDBONDS chief economist Christopher Rupkey said in a recent note. “Federal Reserve officials are already chomping at the bit for bigger 50 bps rate hikes at upcoming meetings, and the tightest labor market since the 1960s is like pouring gasoline on the fire where any policy official worth his or her salt is burning with desire to get interest rates up to 2% neutral levels now.”All things suggest a jaw-dropping jobs report. Last week, U.S. jobless claims notched the lowest level since September 1969 at 187,000 filings. Moreover, the most recent employment report blew past what economists had estimated, posting a stunning 687,000 jobs added or created during the month of February. The March report is expected to show another robust reading with payrolls likely to rise by 490,000, according to Bloomberg economist estimates.This labor market tightness has strongly informed the Fed’s decision to rein in monetary policy, with economic momentum suggesting to officials that the U.S. economy could weather less accommodative financial conditions.“The Federal Reserve has a dual mandate to promote employment and stable prices,” Bankrate senior industry analyst Ted Rossman said in a note. “The strong labor market is leading the Fed to focus squarely on combating the high inflation rate. Fed Chair Jerome Powell recently hinted at a more aggressive pace of rate hikes, and this report fits that narrative since inflation is a much bigger concern than unemployment right now.”While an improving labor market is good for U.S. households, widespread job openings have made room for significant leverage for workers, driving wage gains higher and further elevating inflationary pressures.To add to that, Bank of America pointed out that amid the labor market recovery is a higher level of job openings for any given unemployment rate than compared to prior history. As a result, the short-run inflation neutral unemployment rate (NAIRU) may be higher than longer-run estimates, implying more sustained wage and price pressures in the near-term, according to the bank.The Labor Department's JOLTs (Job Openings and Labor Turnover Summary) for February will be released Tuesday with analysts, according to Bloomberg consensus, expecting vacancies of 11 million, similar to January's results.“The pandemic labor market has seen an extraordinary outward shift in the Beveridge curve (the relationship between unemployment and the job vacancy rate), suggesting difficulty in matching workers to jobs,” BofA economists said in a recent note. “This mismatch may reflect surging goods spending and hence a shortage of workers in the hottest part of the economy.”Fed's measure of inflationAlso on the inflation front, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE) deflator this Thursday. The measure is another gauge of how quickly prices are increasing across the country. Consensus economists expect the PCE to post a rise of another 0.6% in February, according to Bloomberg data, This would mark the 15th consecutive monthly increase and bring the index up by 6.4% on a year-over-year basis.The core PCE index, which the Fed uses to conduct monetary policy, is also expected to show an increase when the print publishes Wednesday. Consensus economists are looking for a 5.5% increase in core PCE in February, compared to January’s 5.2% rise.The Fed's already arduous task of mitigating inflation without stunting economic growth is further complicated by geopolitical turmoil in Eastern Europe. War in Ukraine and penalizing sanctions against Russia for its invasion of the country have raised uncertainty in recent weeks over the conflict’s toll on the global economic picture and potential spillover consequences for the U.S. Namely, rising oil prices have elevated inflation expectations. WTI crude oil futures snapped a two-week losing streak to round out the week 8.8% higher at $113.90 per barrel as of Friday's close.OPEC+ (Organization of the Petroleum Exporting Countries) is scheduled to hold a virtual meeting on March 31 with Russia and its nine other allies to discuss May production levels. The intergovernmental organization is expected to maintain current production plans, even as crude oil prices trade at a 14-year high.“The Fed seems to be the only central bank still focused on increasing its hawkishness” amid higher energy prices and inflation,\" Charles Schwab Chief Global Investment Strategist Jeffrey Kleintop told Yahoo Finance Live. “It’s noteworthy.”Consumer confidenceAs inflation worries mount, consumers are getting wary about what's ahead. The Conference Board's Consumer Confidence Index due for release on Tuesday will show a timely snapshot of their thinking following the latest spike in prices. Economists surveyed by Bloomberg are looking for the index to fall to 107.0 for March following a read of 110.5 last month.Last week's further decline in the University of Michigan's final consumer sentiment index for March, which fell to 59.4 from a preliminary reading of 59.7 and 62.8 in the prior month, is an indication of consumers' changing attitude about their economic future. The survey saw more consumers report reduced living standards due to rising inflation than any other time except during the two worst recessions in the past 50 years: from March 1979 to April 1981, and from May to October 2008, the University of Michigan said.\"Usually consumers fret about job opportunities and the lack thereof, but this time, the consumer is in sync with Fed officials that the greatest danger the economy faces is inflation,\" Rupkey said in recent commentary. \"Consumers continue to spend, but future consumption is very much in doubt as the cost of store bought goods soars ever higher.\"\"We have rarely seen consumers this pessimistic outside of the darkest days of recessions, but the polling indicates the public is more scared about their economic future than they have been in years,\" he wrote. \"Everyone get out of the way because if the consumer stops, then the economy drops and it will be a miracle if the economy can avoid a shipwreck on the shores of recession.\"Earnings season has winded down — though the next quarterly read (representing the first three months of 2022) will be underway soon. A few reports are in the queue to trickle in on Friday, with names including Jefferies Financial , Chewy , Lululemon , and others.Economic calendarMonday: Advance Goods Trade Balance, February (-$106.3 billion expected, -$107.6 billion during prior month); Wholesale Inventories, month-over-month, February preliminary (1.2% expected, 0.8% during previous month, upwardly revised to 1.0%); Retail Inventories, month-over-month, February (1.4% expected, 4.9% during prior month); Dallas Fed Manufacturing Activity, March (11 expected, 14 during prior month)Tuesday: FHFA House Pricing Index, month-over-month, January (1.3% expected, 1.2% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, January (1.50% expected, 1.46% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, January (18.55% expected, 18.56% during prior month); S&P CoreLogic Case-Shiller U.S. National Home Price Index, year-over-year, January (18.84% during prior month); Conference Board Consumer Confidence, March (107.0 expected, 110.5 during prior read); Conference Board Present Situation, March (145.1 during prior read); Conference Board Expectations, March (87.5 during prior read); JOLTS job openings, February (11 million expected, 11.26 million during prior month)Wednesday: MBA Mortgage Applications, week ended March 25 (-8.1% during prior week); ADP Employment Change, March (450,000 expected, 475,000 during prior month); GDP Annualized, quarter-over-quarter, 4Q third (7.0% expected, 7.0% prior); Personal Consumption, quarter-over-quarter, 4Q third (3.1% expected, 3.1% prior); GDP Price Index, quarter-over-quarter, 4Q third (7.1% expected, 7.1% prior); Core PCE, quarter-over-quarter, 4Q third (5.0% expected, 5.0% prior);Thursday: Challenger Job Cuts, year-over-year, March (-55.9% during prior month); Personal Income, month-over-month, February (0.5% expected, 0.0% during prior month); Personal Spending, month-over-month, February (0.5% expected, 2.1% during prior month); Real Personal Spending, month-over-month, February (-0.2% expected, 1.5% during prior month); PCE deflator, month-over-month, February (0.6% expected, 0.6% during prior month); PCE deflator, year-over-year, February (6.4% expected, 6.1% during prior month); PCE core deflator, month-over-month, February (0.4% expected, 0.5% during prior month); PCE core deflator, year-over-year, February (5.5% expected, 5.2% during prior month); Initial Jobless Claims, week ended March 26 (200,000 expected, 187,000 during prior week); Continuing Claims, week ended March 19 (1.35 million expected, 1.35 million during prior week); MNI Chicago PMI, March (57.0 expected, 56.3 during prior month)Friday: Two-Month Payroll Net Revision, March (92,000 prior); Change in Nonfarm Payrolls, March (490,000 expected, 678,000 during prior month); Change in Private Payrolls, March (408,000 expected, 444,000 during prior month); Change in Manufacturing Payrolls, January (30,000 expected, 36,000 during prior month); Unemployment Rate, March (3.7% expected, 3.8% during prior month); Average Hourly Earnings, month-over-month, March (0.4% expected, 0.0% during prior month); Average Hourly Earnings, year-over-year, March (5.5% expected, 5.1% prior month); Average Weekly Hours All Employees, March (34.7 expected, 34.7 during prior month); Labor Force Participation Rate, March (62.4% expected, 62.3% during prior month); Underemployment Rate, March (7.2% prior month); S&P Global Manufacturing PMI, March final (58.5 expected, 58.5 during prior month); Construction Spending, month-over-month, February (1.0% expected, 1.3% during prior month); ISM Manufacturing, March (59.0 expected, 58.6 during prior month); ISM Prices Paid, March (80 expected, 75.6 prior month); ISM New Orders, March (61.7 during prior month); ISM Employment, March (52.9 during prior month); WARDS Total Vehicle Sales, March (13.90 million expected, 14.07 million prior month)Earnings calendarMondayBefore market open: TPG After market close: Jefferies Financial , Dave & Buster’s Entertainment TuesdayBefore market open: McCormick After market close: Chewy , RH , Micron Technology , Lululemon WednesdayBefore market open: Five BelowAfter market close: No notable reports scheduled for releaseThursdayBefore market open: Walgreens Boots Alliance (WBA)After market close: Blackberry FridayNo notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176561260,"gmtCreate":1626908380850,"gmtModify":1703480200373,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Jump ship or&nbsp;Partnership. Something brewing I guess&nbsp;","listText":"Jump ship or&nbsp;Partnership. Something brewing I guess&nbsp;","text":"Jump ship or Partnership. Something brewing I guess","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176561260","repostId":"1160993283","repostType":4,"repost":{"id":"1160993283","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626881542,"share":"https://ttm.financial/m/news/1160993283?lang=&edition=fundamental","pubTime":"2021-07-21 23:32","market":"us","language":"en","title":"Nio Exec Jumps Ship To Join GM's New Electric Delivery Van Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=1160993283","media":"Benzinga","summary":"Chinese startupNio, Inc.NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that $one$ of its senior talents has been poached by legacy automakerGeneral Motor CompanyGM 1.22%.The new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer; Rachad Youssef, chief product officer; Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.Armenta, Youssef and Fullove will be ba","content":"<p>Chinese startup<b>Nio, Inc.</b>NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its senior talents has been poached by legacy automaker<b>General Motor Company</b>GM 1.22%.</p>\n<p><b>What Happened:</b>GMannounced Tuesday that it has added four new executives to the leadership team of its BrightDrop brand. The company launched BrightDrop as a new business in January to focus on the manufacturing of electric delivery vehicles.</p>\n<p>The new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer;&nbsp;Rachad Youssef,&nbsp;chief product officer;&nbsp;Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.</p>\n<p>Armenta, Youssef and Fullove will be based in BrightDrop's San Francisco Bay Area offices, and Hornyak in Atlanta, the company said.</p>\n<p>Youssef was previously employed at Nio's advanced research and innovation center in Silicon Valley. His LinkedIn bio, which has&nbsp;yet to be updated with the new position, shows&nbsp;he has been with Nio since June 2016 as <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, software product management.</p>\n<p>Before his tenure at Nio, Youssef was employed at<b>Amazon, Inc.</b>AMZN 0.2%-owned autonomous vehicle companyZooxfor about a year-and-a-half.</p>\n<p><b>Why It's Important:</b>GM's appointment of new talent at BrightDrop signals a serious intent to make headway into the ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies.</p>\n<p>BrightDrop is scheduled to launch the EV600 van this year, and it has signed<b>FedEx Corporation</b>FDX 0.03%<a href=\"https://laohu8.com/S/EXPR\">Express</a> as its first customer.</p>\n<p>Nio shares were up 5.16% at $46.45 at last check Wednesday, while GM was up 1.05% at $56.74.</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>Nio Exec Jumps Ship To Join GM's New Electric Delivery Van Unit</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 Exec Jumps Ship To Join GM's New Electric Delivery Van Unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese startup<b>Nio, Inc.</b>NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its senior talents has been poached by legacy automaker<b>General Motor Company</b>GM 1.22%.</p>\n<p><b>What Happened:</b>GMannounced Tuesday that it has added four new executives to the leadership team of its BrightDrop brand. The company launched BrightDrop as a new business in January to focus on the manufacturing of electric delivery vehicles.</p>\n<p>The new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer;&nbsp;Rachad Youssef,&nbsp;chief product officer;&nbsp;Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.</p>\n<p>Armenta, Youssef and Fullove will be based in BrightDrop's San Francisco Bay Area offices, and Hornyak in Atlanta, the company said.</p>\n<p>Youssef was previously employed at Nio's advanced research and innovation center in Silicon Valley. His LinkedIn bio, which has&nbsp;yet to be updated with the new position, shows&nbsp;he has been with Nio since June 2016 as <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, software product management.</p>\n<p>Before his tenure at Nio, Youssef was employed at<b>Amazon, Inc.</b>AMZN 0.2%-owned autonomous vehicle companyZooxfor about a year-and-a-half.</p>\n<p><b>Why It's Important:</b>GM's appointment of new talent at BrightDrop signals a serious intent to make headway into the ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies.</p>\n<p>BrightDrop is scheduled to launch the EV600 van this year, and it has signed<b>FedEx Corporation</b>FDX 0.03%<a href=\"https://laohu8.com/S/EXPR\">Express</a> as its first customer.</p>\n<p>Nio shares were up 5.16% at $46.45 at last check Wednesday, while GM was up 1.05% at $56.74.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NGD":"New Gold"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160993283","content_text":"Chinese startupNio, Inc.NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that one of its senior talents has been poached by legacy automakerGeneral Motor CompanyGM 1.22%.\nWhat Happened:GMannounced Tuesday that it has added four new executives to the leadership team of its BrightDrop brand. The company launched BrightDrop as a new business in January to focus on the manufacturing of electric delivery vehicles.\nThe new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer; Rachad Youssef, chief product officer; Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.\nArmenta, Youssef and Fullove will be based in BrightDrop's San Francisco Bay Area offices, and Hornyak in Atlanta, the company said.\nYoussef was previously employed at Nio's advanced research and innovation center in Silicon Valley. His LinkedIn bio, which has yet to be updated with the new position, shows he has been with Nio since June 2016 as VP, software product management.\nBefore his tenure at Nio, Youssef was employed atAmazon, Inc.AMZN 0.2%-owned autonomous vehicle companyZooxfor about a year-and-a-half.\nWhy It's Important:GM's appointment of new talent at BrightDrop signals a serious intent to make headway into the ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies.\nBrightDrop is scheduled to launch the EV600 van this year, and it has signedFedEx CorporationFDX 0.03%Express as its first customer.\nNio shares were up 5.16% at $46.45 at last check Wednesday, while GM was up 1.05% at $56.74.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920345175,"gmtCreate":1670451265498,"gmtModify":1676538368666,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9920345175","repostId":"1110202445","repostType":4,"repost":{"id":"1110202445","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":1670426543,"share":"https://ttm.financial/m/news/1110202445?lang=&edition=fundamental","pubTime":"2022-12-07 23:22","market":"us","language":"en","title":"Top Calls on Wall Street: Apple, Tesla, Roku, Airbnb, Shopify and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1110202445","media":"Tiger Newspress","summary":"Here are Wall Street’s biggest calls on Wednesday:Morgan Stanley reiterates Apple as overweightMorga","content":"<html><head></head><body><p>Here are Wall Street’s biggest calls on Wednesday:</p><h2>Morgan Stanley reiterates Apple as overweight</h2><p>Morgan Stanley said it’s taking an “incrementally more conservative view” onApple’sDecember quarter.</p><blockquote>“Remain constructive on iPhone demand durability given solid lead time data, but for now, conservatively assume no add’l units are pushed into the March Q.”</blockquote><h2>Bernstein reiterates Tesla as underperform</h2><p>Bernstein said it’s increasingly concerned about demand issues for Tesla.</p><blockquote>“The company has responded by cutting prices in China and the US (for December deliveries), and purportedly reducing production in China.”</blockquote><h2>Oppenheimer reiterates Roku as outperform</h2><p>Oppenheim said it sees Roku shares hitting an inflection point in 2023.</p><blockquote>“As more platforms launch advertising tiers, Roku could increase its available ad inventory.”</blockquote><h2>Bank of America reiterates Warner Brothers Discovery as buy</h2><p>Bank of America said Warner Brothers Discovery shares are the “best value in media.”</p><blockquote>“WBD management has implemented a tremendous amount of both operational and strategic changes since closing the merger in April. We anticipate the company will deliver on its goal of $2bn+ in incremental synergy in 2023 with a longer-term cumulative target of $3.5 bn+.”</blockquote><h2>BMO downgrades Republic Services to market perform from outperform</h2><p>BMO downgraded the waste services company mainly on valuation.</p><blockquote>“RSG has significantly outperformed the market year to date (RSG: flat; S&amp;P 500: -16%) reflecting robust industry conditions, solid execution, and an investor preference for defensive stocks.</blockquote><h2>Morgan Stanley downgrades Airbnb to underweight from equal weight</h2><p>Morgan Stanley said it’s starting to see the “supply bear case” take hold for shares of Airbnb.</p><blockquote>“Supply deep dive speaks to slowing listings growth, occupancy headwinds, and lower room night demand. Estimates fall significantly and we don’t think Street has considered this risk.”</blockquote><h2>Wells Fargo downgrades Dominion to equal weight from overweight</h2><p>Wells said in its downgrade of the electric company that it sees balance sheet concerns.</p><blockquote>“Despite the recent underperformance (shares are down 16% since before the Q3 earnings call vs. the S&amp;P Utilities +6%), we downgrade shares ofDto Equal Weight from Overweight and lower our price target to $64/sh.”</blockquote><h2>Wells Fargo names Enphase Energy as a top pick</h2><p>Wells said investors should buy the dip in shares of the solar energy company.</p><blockquote>“ENPH was down 7.8% yesterday as part of a broader sell-off in clean tech and high-beta growth stocks.”</blockquote><h2>Raymond James downgrades Signature Bank to market perform from strong buy</h2><p>Raymond James said it sees balance sheet initiative headwinds for Signature Bank.</p><blockquote>“While we remain bullish on the bank’s long-term prospects to produce superior loan growth, operating efficiency, and credit metrics, we see near-to intermediate-term headwinds related to its balance sheet initiatives.</blockquote><h2>Loop initiates Applied Materials as buy</h2><p>Loop said the semiconductor company is well positioned heading into 2023.</p><blockquote>“In our view, the company’s equipment product array, market leadership and competitive strengths in materials engineering can provide many solutions within this construct.”</blockquote><h2>Wolfe downgrades Shopify and Chewy to peer perform from outperform</h2><p>Wolfe downgraded Shopify and Chewy on concerns about consumer weakness in e-commerce.</p><blockquote>“We are also revising our ratings on SHOP and CHWY to Peer Perform from Outperform after the recent rally.”</blockquote><h2>Wolfe downgrades Booking to peer perform from outperform and Expedia and TripAdvisor to underperform from peer perform</h2><p>Wolfe downgraded several online travel companies on Wednesday and said it sees moderating travel demand in 2023.</p><blockquote>“We are also revising ratings onBKNGto Peer Perform (vs. Outperform previously), EXPE and TRIP to Underperform (vs. Peer Perform previously).”</blockquote><h2>Stifel reiterates Papa John’s as buy</h2><p>Stifel said shares are “compelling” heading into 2023.</p><blockquote>“We believe PZZA shares represent a compelling value and are poised to deliver a stronger performance in 2023.”</blockquote><h2>Bank of America upgrades SolarEdge to buy from neutral</h2><p>Bank of America said it sees a recovery in fundamentals for the solar company.</p><blockquote>“We acknowledge credit where it’s due and highlight tangibly clearer visibility over the near to medium term. Early signs of execution in 3Q22 and ratable improvement underpin a recovery inSEDG’sfundamentals.</blockquote><h2>JMP upgrades MongoDB to market outperform from market perform</h2><p>JMP upgraded the developer data platform company after its earnings report on Tuesday.</p><blockquote>“We upgrade MongoDB,Inc. to Market Outperform with a $215 price target from Market Perform, after the company delivered much better than- expected F3Q23 results... ”</blockquote><h2>Wedbush downgrades Carvana to underperform from neutral</h2><p>Wedbush said bankruptcy risks are rising for shares of Carvana.</p><blockquote>“Combined with the fact that many CVNA bonds have been trading at ~50 cents on the dollar, indicating investors see a high probability of default, we view this news negatively for the CVNA shares.”</blockquote></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Calls on Wall Street: Apple, Tesla, Roku, Airbnb, Shopify and More</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\">\nTop Calls on Wall Street: Apple, Tesla, Roku, Airbnb, Shopify and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-07 23:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Wall Street’s biggest calls on Wednesday:</p><h2>Morgan Stanley reiterates Apple as overweight</h2><p>Morgan Stanley said it’s taking an “incrementally more conservative view” onApple’sDecember quarter.</p><blockquote>“Remain constructive on iPhone demand durability given solid lead time data, but for now, conservatively assume no add’l units are pushed into the March Q.”</blockquote><h2>Bernstein reiterates Tesla as underperform</h2><p>Bernstein said it’s increasingly concerned about demand issues for Tesla.</p><blockquote>“The company has responded by cutting prices in China and the US (for December deliveries), and purportedly reducing production in China.”</blockquote><h2>Oppenheimer reiterates Roku as outperform</h2><p>Oppenheim said it sees Roku shares hitting an inflection point in 2023.</p><blockquote>“As more platforms launch advertising tiers, Roku could increase its available ad inventory.”</blockquote><h2>Bank of America reiterates Warner Brothers Discovery as buy</h2><p>Bank of America said Warner Brothers Discovery shares are the “best value in media.”</p><blockquote>“WBD management has implemented a tremendous amount of both operational and strategic changes since closing the merger in April. We anticipate the company will deliver on its goal of $2bn+ in incremental synergy in 2023 with a longer-term cumulative target of $3.5 bn+.”</blockquote><h2>BMO downgrades Republic Services to market perform from outperform</h2><p>BMO downgraded the waste services company mainly on valuation.</p><blockquote>“RSG has significantly outperformed the market year to date (RSG: flat; S&amp;P 500: -16%) reflecting robust industry conditions, solid execution, and an investor preference for defensive stocks.</blockquote><h2>Morgan Stanley downgrades Airbnb to underweight from equal weight</h2><p>Morgan Stanley said it’s starting to see the “supply bear case” take hold for shares of Airbnb.</p><blockquote>“Supply deep dive speaks to slowing listings growth, occupancy headwinds, and lower room night demand. Estimates fall significantly and we don’t think Street has considered this risk.”</blockquote><h2>Wells Fargo downgrades Dominion to equal weight from overweight</h2><p>Wells said in its downgrade of the electric company that it sees balance sheet concerns.</p><blockquote>“Despite the recent underperformance (shares are down 16% since before the Q3 earnings call vs. the S&amp;P Utilities +6%), we downgrade shares ofDto Equal Weight from Overweight and lower our price target to $64/sh.”</blockquote><h2>Wells Fargo names Enphase Energy as a top pick</h2><p>Wells said investors should buy the dip in shares of the solar energy company.</p><blockquote>“ENPH was down 7.8% yesterday as part of a broader sell-off in clean tech and high-beta growth stocks.”</blockquote><h2>Raymond James downgrades Signature Bank to market perform from strong buy</h2><p>Raymond James said it sees balance sheet initiative headwinds for Signature Bank.</p><blockquote>“While we remain bullish on the bank’s long-term prospects to produce superior loan growth, operating efficiency, and credit metrics, we see near-to intermediate-term headwinds related to its balance sheet initiatives.</blockquote><h2>Loop initiates Applied Materials as buy</h2><p>Loop said the semiconductor company is well positioned heading into 2023.</p><blockquote>“In our view, the company’s equipment product array, market leadership and competitive strengths in materials engineering can provide many solutions within this construct.”</blockquote><h2>Wolfe downgrades Shopify and Chewy to peer perform from outperform</h2><p>Wolfe downgraded Shopify and Chewy on concerns about consumer weakness in e-commerce.</p><blockquote>“We are also revising our ratings on SHOP and CHWY to Peer Perform from Outperform after the recent rally.”</blockquote><h2>Wolfe downgrades Booking to peer perform from outperform and Expedia and TripAdvisor to underperform from peer perform</h2><p>Wolfe downgraded several online travel companies on Wednesday and said it sees moderating travel demand in 2023.</p><blockquote>“We are also revising ratings onBKNGto Peer Perform (vs. Outperform previously), EXPE and TRIP to Underperform (vs. Peer Perform previously).”</blockquote><h2>Stifel reiterates Papa John’s as buy</h2><p>Stifel said shares are “compelling” heading into 2023.</p><blockquote>“We believe PZZA shares represent a compelling value and are poised to deliver a stronger performance in 2023.”</blockquote><h2>Bank of America upgrades SolarEdge to buy from neutral</h2><p>Bank of America said it sees a recovery in fundamentals for the solar company.</p><blockquote>“We acknowledge credit where it’s due and highlight tangibly clearer visibility over the near to medium term. Early signs of execution in 3Q22 and ratable improvement underpin a recovery inSEDG’sfundamentals.</blockquote><h2>JMP upgrades MongoDB to market outperform from market perform</h2><p>JMP upgraded the developer data platform company after its earnings report on Tuesday.</p><blockquote>“We upgrade MongoDB,Inc. to Market Outperform with a $215 price target from Market Perform, after the company delivered much better than- expected F3Q23 results... ”</blockquote><h2>Wedbush downgrades Carvana to underperform from neutral</h2><p>Wedbush said bankruptcy risks are rising for shares of Carvana.</p><blockquote>“Combined with the fact that many CVNA bonds have been trading at ~50 cents on the dollar, indicating investors see a high probability of default, we view this news negatively for the CVNA shares.”</blockquote></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MDB":"MongoDB Inc.","SEDG":"SolarEdge Technologies, Inc.","TSLA":"特斯拉","D":"道明尼资源","SHOP":"Shopify Inc","RSG":"共和废品处理","WBD":"Warner Bros. Discovery","CHWY":"Chewy, Inc.","AAPL":"苹果","BKNG":"Booking Holdings","ABNB":"爱彼迎","CVNA":"Carvana Co.","SBNY":"签字银行","ROKU":"Roku Inc","TRIP":"猫途鹰","ENPH":"Enphase Energy","PZZA":"棒约翰","EXPE":"Expedia","AMAT":"应用材料"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110202445","content_text":"Here are Wall Street’s biggest calls on Wednesday:Morgan Stanley reiterates Apple as overweightMorgan Stanley said it’s taking an “incrementally more conservative view” onApple’sDecember quarter.“Remain constructive on iPhone demand durability given solid lead time data, but for now, conservatively assume no add’l units are pushed into the March Q.”Bernstein reiterates Tesla as underperformBernstein said it’s increasingly concerned about demand issues for Tesla.“The company has responded by cutting prices in China and the US (for December deliveries), and purportedly reducing production in China.”Oppenheimer reiterates Roku as outperformOppenheim said it sees Roku shares hitting an inflection point in 2023.“As more platforms launch advertising tiers, Roku could increase its available ad inventory.”Bank of America reiterates Warner Brothers Discovery as buyBank of America said Warner Brothers Discovery shares are the “best value in media.”“WBD management has implemented a tremendous amount of both operational and strategic changes since closing the merger in April. We anticipate the company will deliver on its goal of $2bn+ in incremental synergy in 2023 with a longer-term cumulative target of $3.5 bn+.”BMO downgrades Republic Services to market perform from outperformBMO downgraded the waste services company mainly on valuation.“RSG has significantly outperformed the market year to date (RSG: flat; S&P 500: -16%) reflecting robust industry conditions, solid execution, and an investor preference for defensive stocks.Morgan Stanley downgrades Airbnb to underweight from equal weightMorgan Stanley said it’s starting to see the “supply bear case” take hold for shares of Airbnb.“Supply deep dive speaks to slowing listings growth, occupancy headwinds, and lower room night demand. Estimates fall significantly and we don’t think Street has considered this risk.”Wells Fargo downgrades Dominion to equal weight from overweightWells said in its downgrade of the electric company that it sees balance sheet concerns.“Despite the recent underperformance (shares are down 16% since before the Q3 earnings call vs. the S&P Utilities +6%), we downgrade shares ofDto Equal Weight from Overweight and lower our price target to $64/sh.”Wells Fargo names Enphase Energy as a top pickWells said investors should buy the dip in shares of the solar energy company.“ENPH was down 7.8% yesterday as part of a broader sell-off in clean tech and high-beta growth stocks.”Raymond James downgrades Signature Bank to market perform from strong buyRaymond James said it sees balance sheet initiative headwinds for Signature Bank.“While we remain bullish on the bank’s long-term prospects to produce superior loan growth, operating efficiency, and credit metrics, we see near-to intermediate-term headwinds related to its balance sheet initiatives.Loop initiates Applied Materials as buyLoop said the semiconductor company is well positioned heading into 2023.“In our view, the company’s equipment product array, market leadership and competitive strengths in materials engineering can provide many solutions within this construct.”Wolfe downgrades Shopify and Chewy to peer perform from outperformWolfe downgraded Shopify and Chewy on concerns about consumer weakness in e-commerce.“We are also revising our ratings on SHOP and CHWY to Peer Perform from Outperform after the recent rally.”Wolfe downgrades Booking to peer perform from outperform and Expedia and TripAdvisor to underperform from peer performWolfe downgraded several online travel companies on Wednesday and said it sees moderating travel demand in 2023.“We are also revising ratings onBKNGto Peer Perform (vs. Outperform previously), EXPE and TRIP to Underperform (vs. Peer Perform previously).”Stifel reiterates Papa John’s as buyStifel said shares are “compelling” heading into 2023.“We believe PZZA shares represent a compelling value and are poised to deliver a stronger performance in 2023.”Bank of America upgrades SolarEdge to buy from neutralBank of America said it sees a recovery in fundamentals for the solar company.“We acknowledge credit where it’s due and highlight tangibly clearer visibility over the near to medium term. Early signs of execution in 3Q22 and ratable improvement underpin a recovery inSEDG’sfundamentals.JMP upgrades MongoDB to market outperform from market performJMP upgraded the developer data platform company after its earnings report on Tuesday.“We upgrade MongoDB,Inc. to Market Outperform with a $215 price target from Market Perform, after the company delivered much better than- expected F3Q23 results... ”Wedbush downgrades Carvana to underperform from neutralWedbush said bankruptcy risks are rising for shares of Carvana.“Combined with the fact that many CVNA bonds have been trading at ~50 cents on the dollar, indicating investors see a high probability of default, we view this news negatively for the CVNA shares.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987136071,"gmtCreate":1667855546193,"gmtModify":1676537972780,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9987136071","repostId":"1118668410","repostType":4,"repost":{"id":"1118668410","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":1667834998,"share":"https://ttm.financial/m/news/1118668410?lang=&edition=fundamental","pubTime":"2022-11-07 23:29","market":"us","language":"en","title":"U.S. Stocks Mixed in Morning Trading; Nasdaq Turned Down While Dow Jones and S&P 500 Rose Less Than 0.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1118668410","media":"Tiger Newspress","summary":"U.S. stocks mixed in morning trading; Dow Jones jumped 0.48%, S&P 500 rose 0.13% while Nasdaq slid 0","content":"<html><head></head><body><p>U.S. stocks mixed in morning trading; Dow Jones jumped 0.48%, S&amp;P 500 rose 0.13% while Nasdaq slid 0.16%.</p><p><img src=\"https://static.tigerbbs.com/aa5094a83384f44b3187f0a9a9acbffa\" tg-width=\"622\" tg-height=\"108\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Mixed in Morning Trading; Nasdaq Turned Down While Dow Jones and S&P 500 Rose Less Than 0.5%</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; 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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Mixed in Morning Trading; Nasdaq Turned Down While Dow Jones and S&P 500 Rose Less Than 0.5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-07 23:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks mixed in morning trading; Dow Jones jumped 0.48%, S&amp;P 500 rose 0.13% while Nasdaq slid 0.16%.</p><p><img src=\"https://static.tigerbbs.com/aa5094a83384f44b3187f0a9a9acbffa\" tg-width=\"622\" tg-height=\"108\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118668410","content_text":"U.S. stocks mixed in morning trading; Dow Jones jumped 0.48%, S&P 500 rose 0.13% while Nasdaq slid 0.16%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917675988,"gmtCreate":1665526099544,"gmtModify":1676537619164,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9917675988","repostId":"1126298657","repostType":4,"repost":{"id":"1126298657","kind":"news","pubTimestamp":1665501481,"share":"https://ttm.financial/m/news/1126298657?lang=&edition=fundamental","pubTime":"2022-10-11 23:18","market":"us","language":"en","title":"Tesla Is A Bargain With Optimus And Recent Events","url":"https://stock-news.laohu8.com/highlight/detail?id=1126298657","media":"Seeking Alpha","summary":"SummaryTesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.Many positive catalysts have materialized around Tesla recently, despit","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.</li><li>Many positive catalysts have materialized around Tesla recently, despite the fact that the stock suffered one of its heaviest losses in recent years.</li><li>We judge that the automotive component of Tesla&#39;s business should be able to outperform broad benchmarks, allowing the stock to achieve double-digit annual returns.</li><li>Tesla is expanding across most major emerging industries, presumably including energy, transportation, computing, manufacturing, robotics and more.</li></ul><p>Tesla (NASDAQ: TSLA) introduced its highly anticipated Optimus/ Bumble C robot this week atAI Day. There were also a slew of news announcements from Tesla and others that had very positive implications for the future. Nevertheless, Tesla shares this week seem headed for their longest losing streak since March 2021.</p><p>We think that Tesla&#39;s new humanoid robot, in addition to developments in their real world AI, computing and other Tesla products currently represent a very attractive buying opportunity for long-term holders of the stock, and we expect it to outperform broad benchmarks even in times of macroeconomic distress.</p><p><img src=\"https://static.tigerbbs.com/194dff43d71f26606d51256c830a4945\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Bumble C</p><p>As Tesla&#39;s Humanoid Robot is still under development, they were able to show their prototype &#34;Bumble C,&#34; which is to become a low-cost and mass-producible Optimus robot.</p><p>The initial release and demonstration of the product was followed by a variety ofreactions from expertsin the robotics industry and the investment community. Interestingly, Tesla received high praise from experts from the robotics industry, while there were many skeptics from the investment community.</p><p><img src=\"https://static.tigerbbs.com/c6d0c0a5d8694dfa2f56d1cf75ee8831\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>We want to highlight the key differences between what makes Tesla&#39;s bot so different from competitors such as Boston Dynamics, Honda and others:</p><ul><li>Optimus is intended for mass production (i.e., thousands or millions of units).</li><li>Project progress was made in just 6 to 8 months, compared with decades at competitors.</li><li>The robot is expected to be affordable, costing only US$20K to manufacture, or &#34;significantly less expensive than an EV.&#34;</li><li>Tesla has a formidable AI advantage in the real world thanks to data collection efforts such as their FSD beta.</li><li>It is built for efficiency, and optimized for defined tasks rather than optimized for aesthetics.</li></ul><p><img src=\"https://static.tigerbbs.com/48961fc406e0289960175b055105f015\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>Critics who compared the Optimus prototype to Boston Dynamics, for example, should note that Boston Dynamics has been aroundfor 30 years, and their humanoid robot Atlas has been in development for nearly 10 years, rather than 6 to 8 months. Boston Dynamics has also shown no intention of mass-producing their Atlas Robot, or at what price. However, their smaller robot dog, Spot, is currently available at a price ofabout US$75,000. At a price of US$20,000, not only small businesses but also households should be able to afford an Optimus robot.</p><p>The same goes for other concepts, such asHonda&#39;s Asimorobot, a humanoid robot that has been in development since the 1980s and was officially created in the year 2000. Although initially intended for mass development, Honda stopped producing Asimo robots to &#34;focus on more practical applications.&#34; None were actually sold, but Hondagave a pseudo quote of as much as $2.5 million per robot.</p><p>Tesla&#39;s robot may not have the same dexterity and human-like character because it is not primarily intended to perform tasks such as parkour or dancing. We also believe that Tesla, thanks to its real-world data collection, for example with FSD Beta, and its fleet ofmore than 3 million cars, has a head start on developing a functional AI-driven humanoid robot.</p><p><img src=\"https://static.tigerbbs.com/5780d19805b143394d1cccb72a98ac6d\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>It is also important to note that this event was not aimed at investors, as thesole purpose was to recruit the best possible talent for Tesla and their Optimus project. We believe that recruiting the most talented engineers and employees at Tesla is a huge advantage for innovation within the company and to stay ahead of the competition.</p><p>For example, a recent survey of 49,197 American studentsby Universum, which specializes in employer branding, found that Tesla and SpaceX were named as their ideal employers. The combination of the ability to attract the best team of engineers, expertise in scaling and mass production, combined with a strong lead in data collection and years of expertise in real-world AI development, leads us to consider that Tesla is poised to become the leading company in humanoid robotics.</p><p><img src=\"https://static.tigerbbs.com/9fbe300b4c6989fade2f3522cfee49eb\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>The Cost Savings</p><p>One of the main reasons Tesla is likely to make robots for a price tag of only US$20K is probably their ability to scale, vertically integrate and simplify concepts by leveraging their advances in automotive technology. Remember, Tesla specializes in &#34;building the machine that builds the machine,&#34; like their Gigafactories.</p><p>For example,in their Q2 report, they showed that the number of robots in their gigafactory body shop could be reduced by 70% compared to their first Model 3 body shop through large castings and parts consolidation. They are still on a quest for simplification with each new product and factory. Another example could be Tesla, which reportedlyremoved the ultrasonic sensorson Model 3 and Model Y vehicles because they are more confident in their AI and full self-driving capabilities.</p><p>Vertical integration in innovation is always an important concept because the unit price of certain components can drop significantly as a result ofWright&#39;s Law. For example, according to Wright&#39;s law, the cost of batteries drops 28% for every cumulative doubling of the number of units produced. That concept could be accelerated, as some of the robots&#39; components have similarities to what is used in EVs, and could be vertically integrated. The Optimus robots could also be used in Tesla&#39;s own production chain, producing more cars and robots.</p><p><img src=\"https://static.tigerbbs.com/bb9b7b69eca0bcc3d547dcee35162406\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>There is still some debate whether Tesla will sell the robots at a fixed price, lease them, or possibly require an annual subscription for the robot and its software. If the Optimus could be produced for US$20K, it could represent a significant cost savings for employers that completely exceeds the output and productivity of an average worker. Tesla&#39;s FSD Beta software alone currently costs US$15K, and sells very well.</p><p>Compared to the average US work week, which is about 38.7 hours, Optimus can stay connected 24/7 when working in a factory, bringing the total work week to 168 hours. That&#39;s a 4x increase in output. Let&#39;s say the robot can replace 4 full-time factory or warehouse workers performing boring and repetitive tasks, employers could save up to$29,250 per employeeper year.</p><p>That makes $117,000 per robot per year, since its output is more than 4 times that of an employee. If the average lifetime of a robot is 8 years, this means a value of $936,000 per robot over its lifetime. This does not include the cost of employing workers, elimination of personnel costs, worker training and productivity loss due to illness or injury. Each year, approximately 2.3 million people worldwide suffer a work-related injury.</p><p><img src=\"https://static.tigerbbs.com/b7e5dc767ae2f36f0f5ba809cf7b9637\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>With a value of US$936,000 and a COGS of US$20,000 in mass production, each unit produced could generate US$916,000 in value. Suppose Tesla takes a 30% gross margin on the value of this robot, just as they dowith their cars, that leaves another US$274,800 in gross profit per unit produced, or US$274.8BN per million units produced.</p><p>The big difference in why Tesla could succeed in building a truly intelligent robot capable of performing realistic tasks lies in itsdata advantageand its unique ability to collect data in real time. Even as we speak, thousands of cars worldwide on FSD Beta are collecting data to train Tesla&#39;s AI. It has been collecting such data since 2014, has a dataset of 4.8 million clips and has trained 75,778 models.</p><p><img src=\"https://static.tigerbbs.com/5ee780b98aa96a00300a696e280cf786\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>Tesla also showed that it is serious about AI, by giving us a big update on their Dojo supercomputer they are building, and what plans they have for it. Tesla currently still uses a lot of Nvidia (NVDA) GPUs, but plans to increase its own capabilities for training its neural net.</p><p>It should also significantly reduce costs, and help Tesla maintain a data advantage. As Tesla&#39;s fleet grows exponentially with increased production and therollout of FSD betato more users, the amount of data Tesla and FSD beta collect in real-world applications also scales exponentially. Currently, Tesla has already driven over 35 million miles with its FSD beta cumulatively. Currently, they appear to be adding 10 million miles per quarter and expanding exponentially.</p><p>Tesla currently claims that it can replace 6 GPU boxes with just 1Dojo tile, which they also claim costs less than 1 GPU box itself, further significantly improving their cost efficiency and form factor in building out their AI systems.</p><p><img src=\"https://static.tigerbbs.com/f969773a012764dc54e04de9cedeaa0e\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/></p><p>Tesla AI Day</p><p>The Automotive Side</p><p>Tesla has ventured into many areas, including batteries, solar, AI, self-driving, computers, robotics and more. While all of these ventures are promising and show great potential, we believe Tesla&#39;s auto side itself can generate better returns than broad benchmarks such as the S&amp;P 500 (SPY).</p><p>In the transition to EVs, we believe that with Wright&#39;s Law in place,EVs will be on parin price with ICE vehicles by next year 2024, and it will be a no-brainer to buy an EV. Especially as US oil prices remain high.OPEC+, for example, announced this week a production cut of 2 million barrels per day. Not only will it become cheaper to buy an EV, including tax breaks, but it will also likely cost less to maintain and refuel, increasing the adoption rate exponentially.</p><p>In 2021, the EV adoption rate was 6.6%, and we believe that by 2030 about 60% of car sales will be EVs, as EVs continue to fall below the same price as ICE vehicles as explained in our previous model. Under our assumptions, Tesla&#39;s market share in EVs will remain stagnant at 20% as competition enters the market. If both criteria are met, Tesla is expected to sell 10.8 million vehicles per year by 2030.</p><p><img src=\"https://static.tigerbbs.com/98543a4dc086e1db225ea538cc5c71f3\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla IR</p><p>This is also in line withElon Musk&#39;s expectationto have a fleet of more than 100 million cars in 10 years. Tesla has set a goal of producing more than double our estimate of 20 million units by 2030. However, we believe Tesla&#39;s average selling price will drop from US$50,450 in 2021 to US$42,000 in 2030 as a result of a new smaller sedan, with a target price closer to US$25,000-US$35,0000, in addition to a price cut to keep up with competitive pressures.</p><p>For a more in-depth explanation of our parameters for our valuation, please read our previous valuation modelpublished here on Seeking Alpha. We expect Tesla to generate approximately US$172.37BN in gross automotive revenue by 2030, with a gross margin of up to 38%.</p><p><img src=\"https://static.tigerbbs.com/2fa7a1659836da3ee6ab572806224152\" tg-width=\"640\" tg-height=\"131\" referrerpolicy=\"no-referrer\"/></p><p>Author&#39;s Calculations</p><p>OpEx is also likely to improve significantly over time, as Elon Musk himself alluded that &#34;OpEx. is embarrassingly high.&#34; Tesla&#39;s adjusted EBITDA margin was 21.6% in 2021, which we predict could reach 32% over the next 8 years. These improvements include cost reductions, historical margin improvement, expansion of software-based revenues and low fixed costs.</p><p>This would lead us to a final adjusted EBITDA of US$145.15 billion for the automotive section. If 5% annualshare dilutionis also taken into account, that would lead to adjusted EBITDA of US$31.42 per share by 2030. At a reasonable multiple of 16x, we expect Tesla&#39;s auto section to propel Tesla to $502.67 per share, or a CAGR of 10.7% that exceeds the historical average return of the S&amp;P 500.</p><p><img src=\"https://static.tigerbbs.com/fd7f2dced45f19caff10798400d7a8bf\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Tesla IR</p><p>We used the mean of theS&amp;P 500 multiplier, but Tesla could be trading higher at that point because it could also be valued as a software company trading atmuch higher multiples. Also note that the S&amp;P 500 is more likely to trade below its historical average return because economic growth is currently stalling.</p><p>Developments, Macroeconomics &amp; Risks</p><p>While many critics expect Tesla to have a demand-side problem, we believe the opposite is true. Tesla historically and still has a huge order backlog, and has recently had toraise pricesagain to ensure that the customer experience does not suffer from immense wait times.</p><p>According toTeslike, which tracks Tesla data, the company still has a backlog of 317,000 vehicles despite price increases. This continuous backlog of orders could also serve as a great buffer if we are heading for anearnings recessionby the end of this year, as we and many economists expect.</p><p>In contrast, looking at economic indicators, we see an environment of rising yields, which are expected to rise to 4.5-4.75% by next year, making it more expensive for Tesla to expand operations, raise additional capital to build new Gigafactories and ramp up production as previously planned in a 0 interest rate environment, they face macroeconomic headwinds.</p><p><img src=\"https://static.tigerbbs.com/0104878c08973b5c44e0881be20c144d\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>On the other hand, OPEC+ announced this week its intention to cut production by2 million barrels per day as the group seeks to keep crude above $90 per barrel. This would also boost demand and accelerate the use of EVs as they reach the same price as ICE vehicles. Another big risk for Tesla is the production, or scaling up of its batteries,specifically 4680s in the future.</p><p>Tesla also announced this week itsdeliveries for Q22022: 365,923 vehicles were produced and 343,830 delivered, which was less than the deliveries expected by Wall Street. While some investors thought it was due to a &#34;demand-side problem,&#34; Tesla mentioned that it was actually due to the fact that it is &#34;increasingly challenging to secure vehicle transportation capacity, and at a reasonable cost during peak logistics weeks.&#34; We think Tesla made the right decision, saving capital for investors rather than placing hasty orders toward the end of the quarter to meet Wall Street&#39;s expectations.</p><p>Tesla also recently received aninvestment graderating for its bonds for the first time, meaning they are rated BBB by S&amp;P global and are no longer &#34;junk bonds.&#34; Even more good news came this week, as Elon Musk also hinted that Tesla will start production onDecember 1stand deliver its first Semitruck to customer Pepsi. This means that Tesla could be sending us a positive signal about its 4680s battery production and is ready to disrupt a new segment of the auto industry.</p><p><img src=\"https://static.tigerbbs.com/7faae7db7817551fd0be2c8bcc40fe0c\" tg-width=\"640\" tg-height=\"378\" referrerpolicy=\"no-referrer\"/></p><p>Tesla IR</p><p>The Bottom Line</p><p>Optimus could give Tesla a huge boost in cash flow, if it manages to solve and integrate true AI into its Optimus robot and can mass produce it at very low cost. According to our assumptions, Tesla looks like an attractive investment, as the company is expected to outperform historical average benchmarks such as the S&amp;P 500 with its automotive operations alone.</p><p>Other complementary activities that generate cash flow, such as solar, batteries, Optimus, AI, computer applications and others, have great potential and could push the company&#39;s valuation beyond the $502.67 per share target, giving investors additional alpha if the projects succeed and are widely implemented. We believe Tesla&#39;s expertise in &#34;building the machines that make the machines&#34; puts them in pole position to dominate the innovative sectors in which Tesla operates.</p><p>In essence, we fully support Elon Musk&#39;s view at AI Day that Tesla is essentially a succession of tech start-ups trying to solve some of the most difficult problems. All the recent positive news, amid one of Tesla&#39;s biggest one-week declines, makes Tesla stock all the more attractive to buy at this time, in our opinion.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is A Bargain With Optimus And Recent Events</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 Is A Bargain With Optimus And Recent Events\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-11 23:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545812-tesla-stock-bargain-with-optimus-and-recent-events><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.Many positive catalysts have materialized around Tesla recently, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545812-tesla-stock-bargain-with-optimus-and-recent-events\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4545812-tesla-stock-bargain-with-optimus-and-recent-events","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126298657","content_text":"SummaryTesla has significantly improved its Optimus robot in a very short time, and could generate huge cash flow in these cases.Many positive catalysts have materialized around Tesla recently, despite the fact that the stock suffered one of its heaviest losses in recent years.We judge that the automotive component of Tesla's business should be able to outperform broad benchmarks, allowing the stock to achieve double-digit annual returns.Tesla is expanding across most major emerging industries, presumably including energy, transportation, computing, manufacturing, robotics and more.Tesla (NASDAQ: TSLA) introduced its highly anticipated Optimus/ Bumble C robot this week atAI Day. There were also a slew of news announcements from Tesla and others that had very positive implications for the future. Nevertheless, Tesla shares this week seem headed for their longest losing streak since March 2021.We think that Tesla's new humanoid robot, in addition to developments in their real world AI, computing and other Tesla products currently represent a very attractive buying opportunity for long-term holders of the stock, and we expect it to outperform broad benchmarks even in times of macroeconomic distress.Bumble CAs Tesla's Humanoid Robot is still under development, they were able to show their prototype \"Bumble C,\" which is to become a low-cost and mass-producible Optimus robot.The initial release and demonstration of the product was followed by a variety ofreactions from expertsin the robotics industry and the investment community. Interestingly, Tesla received high praise from experts from the robotics industry, while there were many skeptics from the investment community.Tesla AI DayWe want to highlight the key differences between what makes Tesla's bot so different from competitors such as Boston Dynamics, Honda and others:Optimus is intended for mass production (i.e., thousands or millions of units).Project progress was made in just 6 to 8 months, compared with decades at competitors.The robot is expected to be affordable, costing only US$20K to manufacture, or \"significantly less expensive than an EV.\"Tesla has a formidable AI advantage in the real world thanks to data collection efforts such as their FSD beta.It is built for efficiency, and optimized for defined tasks rather than optimized for aesthetics.Tesla AI DayCritics who compared the Optimus prototype to Boston Dynamics, for example, should note that Boston Dynamics has been aroundfor 30 years, and their humanoid robot Atlas has been in development for nearly 10 years, rather than 6 to 8 months. Boston Dynamics has also shown no intention of mass-producing their Atlas Robot, or at what price. However, their smaller robot dog, Spot, is currently available at a price ofabout US$75,000. At a price of US$20,000, not only small businesses but also households should be able to afford an Optimus robot.The same goes for other concepts, such asHonda's Asimorobot, a humanoid robot that has been in development since the 1980s and was officially created in the year 2000. Although initially intended for mass development, Honda stopped producing Asimo robots to \"focus on more practical applications.\" None were actually sold, but Hondagave a pseudo quote of as much as $2.5 million per robot.Tesla's robot may not have the same dexterity and human-like character because it is not primarily intended to perform tasks such as parkour or dancing. We also believe that Tesla, thanks to its real-world data collection, for example with FSD Beta, and its fleet ofmore than 3 million cars, has a head start on developing a functional AI-driven humanoid robot.Tesla AI DayIt is also important to note that this event was not aimed at investors, as thesole purpose was to recruit the best possible talent for Tesla and their Optimus project. We believe that recruiting the most talented engineers and employees at Tesla is a huge advantage for innovation within the company and to stay ahead of the competition.For example, a recent survey of 49,197 American studentsby Universum, which specializes in employer branding, found that Tesla and SpaceX were named as their ideal employers. The combination of the ability to attract the best team of engineers, expertise in scaling and mass production, combined with a strong lead in data collection and years of expertise in real-world AI development, leads us to consider that Tesla is poised to become the leading company in humanoid robotics.Tesla AI DayThe Cost SavingsOne of the main reasons Tesla is likely to make robots for a price tag of only US$20K is probably their ability to scale, vertically integrate and simplify concepts by leveraging their advances in automotive technology. Remember, Tesla specializes in \"building the machine that builds the machine,\" like their Gigafactories.For example,in their Q2 report, they showed that the number of robots in their gigafactory body shop could be reduced by 70% compared to their first Model 3 body shop through large castings and parts consolidation. They are still on a quest for simplification with each new product and factory. Another example could be Tesla, which reportedlyremoved the ultrasonic sensorson Model 3 and Model Y vehicles because they are more confident in their AI and full self-driving capabilities.Vertical integration in innovation is always an important concept because the unit price of certain components can drop significantly as a result ofWright's Law. For example, according to Wright's law, the cost of batteries drops 28% for every cumulative doubling of the number of units produced. That concept could be accelerated, as some of the robots' components have similarities to what is used in EVs, and could be vertically integrated. The Optimus robots could also be used in Tesla's own production chain, producing more cars and robots.Tesla AI DayThere is still some debate whether Tesla will sell the robots at a fixed price, lease them, or possibly require an annual subscription for the robot and its software. If the Optimus could be produced for US$20K, it could represent a significant cost savings for employers that completely exceeds the output and productivity of an average worker. Tesla's FSD Beta software alone currently costs US$15K, and sells very well.Compared to the average US work week, which is about 38.7 hours, Optimus can stay connected 24/7 when working in a factory, bringing the total work week to 168 hours. That's a 4x increase in output. Let's say the robot can replace 4 full-time factory or warehouse workers performing boring and repetitive tasks, employers could save up to$29,250 per employeeper year.That makes $117,000 per robot per year, since its output is more than 4 times that of an employee. If the average lifetime of a robot is 8 years, this means a value of $936,000 per robot over its lifetime. This does not include the cost of employing workers, elimination of personnel costs, worker training and productivity loss due to illness or injury. Each year, approximately 2.3 million people worldwide suffer a work-related injury.Tesla AI DayWith a value of US$936,000 and a COGS of US$20,000 in mass production, each unit produced could generate US$916,000 in value. Suppose Tesla takes a 30% gross margin on the value of this robot, just as they dowith their cars, that leaves another US$274,800 in gross profit per unit produced, or US$274.8BN per million units produced.The big difference in why Tesla could succeed in building a truly intelligent robot capable of performing realistic tasks lies in itsdata advantageand its unique ability to collect data in real time. Even as we speak, thousands of cars worldwide on FSD Beta are collecting data to train Tesla's AI. It has been collecting such data since 2014, has a dataset of 4.8 million clips and has trained 75,778 models.Tesla AI DayTesla also showed that it is serious about AI, by giving us a big update on their Dojo supercomputer they are building, and what plans they have for it. Tesla currently still uses a lot of Nvidia (NVDA) GPUs, but plans to increase its own capabilities for training its neural net.It should also significantly reduce costs, and help Tesla maintain a data advantage. As Tesla's fleet grows exponentially with increased production and therollout of FSD betato more users, the amount of data Tesla and FSD beta collect in real-world applications also scales exponentially. Currently, Tesla has already driven over 35 million miles with its FSD beta cumulatively. Currently, they appear to be adding 10 million miles per quarter and expanding exponentially.Tesla currently claims that it can replace 6 GPU boxes with just 1Dojo tile, which they also claim costs less than 1 GPU box itself, further significantly improving their cost efficiency and form factor in building out their AI systems.Tesla AI DayThe Automotive SideTesla has ventured into many areas, including batteries, solar, AI, self-driving, computers, robotics and more. While all of these ventures are promising and show great potential, we believe Tesla's auto side itself can generate better returns than broad benchmarks such as the S&P 500 (SPY).In the transition to EVs, we believe that with Wright's Law in place,EVs will be on parin price with ICE vehicles by next year 2024, and it will be a no-brainer to buy an EV. Especially as US oil prices remain high.OPEC+, for example, announced this week a production cut of 2 million barrels per day. Not only will it become cheaper to buy an EV, including tax breaks, but it will also likely cost less to maintain and refuel, increasing the adoption rate exponentially.In 2021, the EV adoption rate was 6.6%, and we believe that by 2030 about 60% of car sales will be EVs, as EVs continue to fall below the same price as ICE vehicles as explained in our previous model. Under our assumptions, Tesla's market share in EVs will remain stagnant at 20% as competition enters the market. If both criteria are met, Tesla is expected to sell 10.8 million vehicles per year by 2030.Tesla IRThis is also in line withElon Musk's expectationto have a fleet of more than 100 million cars in 10 years. Tesla has set a goal of producing more than double our estimate of 20 million units by 2030. However, we believe Tesla's average selling price will drop from US$50,450 in 2021 to US$42,000 in 2030 as a result of a new smaller sedan, with a target price closer to US$25,000-US$35,0000, in addition to a price cut to keep up with competitive pressures.For a more in-depth explanation of our parameters for our valuation, please read our previous valuation modelpublished here on Seeking Alpha. We expect Tesla to generate approximately US$172.37BN in gross automotive revenue by 2030, with a gross margin of up to 38%.Author's CalculationsOpEx is also likely to improve significantly over time, as Elon Musk himself alluded that \"OpEx. is embarrassingly high.\" Tesla's adjusted EBITDA margin was 21.6% in 2021, which we predict could reach 32% over the next 8 years. These improvements include cost reductions, historical margin improvement, expansion of software-based revenues and low fixed costs.This would lead us to a final adjusted EBITDA of US$145.15 billion for the automotive section. If 5% annualshare dilutionis also taken into account, that would lead to adjusted EBITDA of US$31.42 per share by 2030. At a reasonable multiple of 16x, we expect Tesla's auto section to propel Tesla to $502.67 per share, or a CAGR of 10.7% that exceeds the historical average return of the S&P 500.Tesla IRWe used the mean of theS&P 500 multiplier, but Tesla could be trading higher at that point because it could also be valued as a software company trading atmuch higher multiples. Also note that the S&P 500 is more likely to trade below its historical average return because economic growth is currently stalling.Developments, Macroeconomics & RisksWhile many critics expect Tesla to have a demand-side problem, we believe the opposite is true. Tesla historically and still has a huge order backlog, and has recently had toraise pricesagain to ensure that the customer experience does not suffer from immense wait times.According toTeslike, which tracks Tesla data, the company still has a backlog of 317,000 vehicles despite price increases. This continuous backlog of orders could also serve as a great buffer if we are heading for anearnings recessionby the end of this year, as we and many economists expect.In contrast, looking at economic indicators, we see an environment of rising yields, which are expected to rise to 4.5-4.75% by next year, making it more expensive for Tesla to expand operations, raise additional capital to build new Gigafactories and ramp up production as previously planned in a 0 interest rate environment, they face macroeconomic headwinds.Data by YChartsOn the other hand, OPEC+ announced this week its intention to cut production by2 million barrels per day as the group seeks to keep crude above $90 per barrel. This would also boost demand and accelerate the use of EVs as they reach the same price as ICE vehicles. Another big risk for Tesla is the production, or scaling up of its batteries,specifically 4680s in the future.Tesla also announced this week itsdeliveries for Q22022: 365,923 vehicles were produced and 343,830 delivered, which was less than the deliveries expected by Wall Street. While some investors thought it was due to a \"demand-side problem,\" Tesla mentioned that it was actually due to the fact that it is \"increasingly challenging to secure vehicle transportation capacity, and at a reasonable cost during peak logistics weeks.\" We think Tesla made the right decision, saving capital for investors rather than placing hasty orders toward the end of the quarter to meet Wall Street's expectations.Tesla also recently received aninvestment graderating for its bonds for the first time, meaning they are rated BBB by S&P global and are no longer \"junk bonds.\" Even more good news came this week, as Elon Musk also hinted that Tesla will start production onDecember 1stand deliver its first Semitruck to customer Pepsi. This means that Tesla could be sending us a positive signal about its 4680s battery production and is ready to disrupt a new segment of the auto industry.Tesla IRThe Bottom LineOptimus could give Tesla a huge boost in cash flow, if it manages to solve and integrate true AI into its Optimus robot and can mass produce it at very low cost. According to our assumptions, Tesla looks like an attractive investment, as the company is expected to outperform historical average benchmarks such as the S&P 500 with its automotive operations alone.Other complementary activities that generate cash flow, such as solar, batteries, Optimus, AI, computer applications and others, have great potential and could push the company's valuation beyond the $502.67 per share target, giving investors additional alpha if the projects succeed and are widely implemented. We believe Tesla's expertise in \"building the machines that make the machines\" puts them in pole position to dominate the innovative sectors in which Tesla operates.In essence, we fully support Elon Musk's view at AI Day that Tesla is essentially a succession of tech start-ups trying to solve some of the most difficult problems. All the recent positive news, amid one of Tesla's biggest one-week declines, makes Tesla stock all the more attractive to buy at this time, in our opinion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054014032,"gmtCreate":1655332545026,"gmtModify":1676535613043,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054014032","repostId":"2243494679","repostType":4,"repost":{"id":"2243494679","kind":"highlight","pubTimestamp":1655306454,"share":"https://ttm.financial/m/news/2243494679?lang=&edition=fundamental","pubTime":"2022-06-15 23:20","market":"hk","language":"en","title":"NIO Could Fail In FQ2 2022 - But The Patient May Be Rewarded By H2 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2243494679","media":"Seekingalpha","summary":"Investment ThesisIt is evident that NIO Inc. (NYSE:NIO) will face a challenging YoY comparison from ","content":"<html><head></head><body><h2><b>Investment Thesis</b></h2><p>It is evident that NIO Inc. (NYSE:NIO) will face a challenging YoY comparison from FQ2&#39;22 onwards, given the massive impact of China&#39;s ongoing Zero Covid Policy in Shanghai. The company would need to go above and beyond the impossible to achieve its delivery guidance of at least 23K vehicles in FQ2&#39;22, given that Tesla (TSLA) had also struggled to reach pre-lockdown deliveries in May 2022. Given the complexity of auto supply chains, it is unlikely that NIO would be able to report an impressive YoY comparison in FQ2&#39;22, thus suggesting a stagnant stock valuation and prices moving forward, if not a retracement. As a result, we would advise interested investors to wait and observe a little longer before adding more NIO stock to their portfolios.</p><p>Risk-averse investors would be well advised of NIO&#39;s potential delisting from the NYSE stock market, though it is also apparent that a secondary listing in Singapore has been completed.</p><p>Nonetheless, despite the multiple uncertainties, we reiterate our stand since our previous analysis, that NIO remains a promising EV stock with an interesting battery swap concept. As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the leading companies in China, the company stands to gain critical market share from Tesla in China, in the EU market, and potentially in the US market, upon its eventual entry in the future.</p><p>Therefore, NIO stock is highly suitable for speculative long-term investors, despite its current lack of profitability and the political uncertainty in China.</p><h2><b>NIO Reported Slowing Revenue Growth And Sustained Un-Profitability</b></h2><p><b>NIO Revenue and Gross Income</b></p><p></p><p><img src=\"https://static.tigerbbs.com/ca5626d65bcd14ea9e68ba8f4282a46d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>NIO reported revenues of $1.56B in FQ1&#39;22, representing a YoY increase of 27.8%, though in line sequentially. The deceleration in revenue growth is partly attributed to supply chain production capacity for now, though we expect to see improvements by H2&#39;22. However, it is also apparent that there is increasing pressure on its gross margins, given that the company reports YoY lower gross margin of 14.6% in FQ1&#39;22 compared to 19.5% in FQ1&#39;21. With rising battery and chip costs, we expect NIO&#39;s gross margins to continue declining in FQ2&#39;22 before potentially recovering once the price hikes kick in by FQ3&#39;22.</p><p>In FQ1&#39;22, NIO also delivered 25.7K vehicles for the quarter, representing in line sequentially and an exemplary increase of 37.6% YoY. NIO CEO William Bin Li said:</p><blockquote>Despite the volatilities of the supply chain and the challenges in vehicle delivery resulting from the recent COVID-19 resurgence, we witnessed robust demand for our complementary products and achieved an all-time high order inflow in May 2022. (Seeking Alpha)</blockquote><p><b>NIO Net Income and Net Income Margin</b></p><p></p><p><img src=\"https://static.tigerbbs.com/704aba7cd5e743697335b2ee75e16612\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>NIO reported net incomes of -$287.8 and net income margins of -18.4% in FQ1&#39;22, thereby highlighting its lack of profitability since its incorporation in 2014. The company has also been increasing its operational costs exponentially with a total of $595.6M expenses by FQ1&#39;22, representing 38.1% of its revenues and an increase of 207.1% YoY. Nonetheless, given that NIO has kept its operating expenses relatively stable at an average of 33.6% in the past eight quarters, it is apparent that the management has been rather disciplined in cost control as well.</p><p><b>NIO R&amp;D and Selling General &amp; Admin Expenses</b></p><p></p><p><img src=\"https://static.tigerbbs.com/0b76193ccef6cf51d6ce1cb26b52b84e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p><b>NIO Long-Term Debt, Cash/ Equivalent, and Share Dilution</b></p><p></p><p><img src=\"https://static.tigerbbs.com/beb728a98a6a79d4c7cf83ca56b7a370\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>Due to its lack of profitability, it is evident that NIO will likely rely on a combination of long-term debt and share-based compensation (SBC) for its expanding operations. By FQ1&#39;22, the company had increased its reliance on debt by over 11-fold from $0.15B to $1.75B, while also diluting its shareholder by 55.5% since its IPO in September 2018. In FY2021 alone, NIO spent $158.5M in SBC, while drastically increasing the expenses to $74.6M by FQ1&#39;22, representing an increase of 390.2% YoY. Assuming a similar rate of SBC expenses, we may expect the company to report up to $300M for FY2022. That would be a concern for many early investors, given that the company is not expected to report net income profitability until FY2024.</p><h2>NIO Will Most Likely Fail To Deliver In FQ2&#39;22</h2><p><b>NIO Projected Revenue and Net Income</b></p><p></p><p><img src=\"https://static.tigerbbs.com/1e431100e75de1993cf165583a915cbb\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>Over the next three years, NIO is projected to grow its revenue at a CAGR of 55.36% while also achieving profitability by FY2024 with a net income of $0.34B. For FY2022, consensus estimates that the company will report revenues of $9.15B with net incomes of -$0.88B, representing impressive YoY growth of 61% and 50%, respectively.</p><p>Nonetheless, given the ongoing Zero Covid Policy in China, there is a likelihood of a downwards re-rating for NIO&#39;s FY2022 revenue, given Shanghai&#39;s continuous lockdowns. The company itself had guided FQ2&#39;22 revenues in the range of $1.47B to $1.59B against consensus estimates of $1.79B, representing up to a 5.7% decline QoQ though a 12.2% growth YoY. We are also not convinced of NIO&#39;s delivery guidance of at least 23K vehicles for FQ2&#39;22, given that the company had only delivered 5.074K and 7.042K vehicles in April and May 2022 respectively, thereby requiring an ambitious delivery of 10.884K vehicles in June 2022. Though rather unlikely, we shall anticipate its delivery update by early July 2022.</p><p>In contrast, we may expect improvement by H2&#39;22 once NIO successfully expands its production capacity while also entering the auto market in Germany, The Netherlands, Sweden, and Denmark. Nonetheless, it is also important to note that these require an easing of China&#39;s Covid policy while a stabling of the global supply chain issues. We shall continue to monitor the situation.</p><p>In the meantime, we encourage you to read our previous article on NIO, which would help you better understand its position and market opportunities.</p><ul><li>NIO: Down 55% With Supercharged Growth - Time To Buy Now</li></ul><h2><b>So, Is NIO Stock A Buy, Sell, or Hold?</b></h2><h2><b> </b></h2><p><b>NIO 3Y EV/Revenue and P/E Valuations</b></p><p></p><p><img src=\"https://static.tigerbbs.com/b2d07698f9480734680a03d86b698970\" tg-width=\"640\" tg-height=\"225\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P Capital IQ</p><p>NIO is currently trading at an EV/NTM Revenue of 2.58x and NTM P/E of -47.22x, lower than its 3Y mean of 7.12x and -83.60x, respectively. The stock is also trading at $18.14, down 67% from its 52 weeks high of $55.13, though at a 55.4% premium from its 52 weeks low of $11.67. It is apparent that the NIO stock has been on sideways price action since our last analysis in April 2022.</p><p><b>NIO 3Y Stock Price</b></p><p></p><p><img src=\"https://static.tigerbbs.com/ad1ad9132060d18429ffb22f39607a5a\" tg-width=\"640\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Given the macro issues and China&#39;s unrelenting Zero Covid Policy, we are of the opinion that pain will not be ending anytime soon. Therefore, NIO&#39;s delivery would likely continue to be impacted until then, further reducing any chances of stock recovery in the short term.</p><p>Though consensus estimates had rated NIO as an attractive buy with a price target of $38.33, we are of a more conservative opinion of a potential retracement by early July 2022, assuming that the company could not deliver on its FQ2&#39;23 vehicle target. As a result, we encourage investors to wait for a deeper retracement before adding to their portfolio.</p><p>Therefore, we <i>rate NIO stock as a Hold for now.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Could Fail In FQ2 2022 - But The Patient May Be Rewarded By H2 2022</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 Could Fail In FQ2 2022 - But The Patient May Be Rewarded By H2 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-15 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4518234-nio-could-fail-q2-2022-but-patience-rewarded-h2-2022><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investment ThesisIt is evident that NIO Inc. (NYSE:NIO) will face a challenging YoY comparison from FQ2'22 onwards, given the massive impact of China's ongoing Zero Covid Policy in Shanghai. The ...</p>\n\n<a href=\"https://seekingalpha.com/article/4518234-nio-could-fail-q2-2022-but-patience-rewarded-h2-2022\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4518234-nio-could-fail-q2-2022-but-patience-rewarded-h2-2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243494679","content_text":"Investment ThesisIt is evident that NIO Inc. (NYSE:NIO) will face a challenging YoY comparison from FQ2'22 onwards, given the massive impact of China's ongoing Zero Covid Policy in Shanghai. The company would need to go above and beyond the impossible to achieve its delivery guidance of at least 23K vehicles in FQ2'22, given that Tesla (TSLA) had also struggled to reach pre-lockdown deliveries in May 2022. Given the complexity of auto supply chains, it is unlikely that NIO would be able to report an impressive YoY comparison in FQ2'22, thus suggesting a stagnant stock valuation and prices moving forward, if not a retracement. As a result, we would advise interested investors to wait and observe a little longer before adding more NIO stock to their portfolios.Risk-averse investors would be well advised of NIO's potential delisting from the NYSE stock market, though it is also apparent that a secondary listing in Singapore has been completed.Nonetheless, despite the multiple uncertainties, we reiterate our stand since our previous analysis, that NIO remains a promising EV stock with an interesting battery swap concept. As one of the leading companies in China, the company stands to gain critical market share from Tesla in China, in the EU market, and potentially in the US market, upon its eventual entry in the future.Therefore, NIO stock is highly suitable for speculative long-term investors, despite its current lack of profitability and the political uncertainty in China.NIO Reported Slowing Revenue Growth And Sustained Un-ProfitabilityNIO Revenue and Gross IncomeS&P Capital IQNIO reported revenues of $1.56B in FQ1'22, representing a YoY increase of 27.8%, though in line sequentially. The deceleration in revenue growth is partly attributed to supply chain production capacity for now, though we expect to see improvements by H2'22. However, it is also apparent that there is increasing pressure on its gross margins, given that the company reports YoY lower gross margin of 14.6% in FQ1'22 compared to 19.5% in FQ1'21. With rising battery and chip costs, we expect NIO's gross margins to continue declining in FQ2'22 before potentially recovering once the price hikes kick in by FQ3'22.In FQ1'22, NIO also delivered 25.7K vehicles for the quarter, representing in line sequentially and an exemplary increase of 37.6% YoY. NIO CEO William Bin Li said:Despite the volatilities of the supply chain and the challenges in vehicle delivery resulting from the recent COVID-19 resurgence, we witnessed robust demand for our complementary products and achieved an all-time high order inflow in May 2022. (Seeking Alpha)NIO Net Income and Net Income MarginS&P Capital IQNIO reported net incomes of -$287.8 and net income margins of -18.4% in FQ1'22, thereby highlighting its lack of profitability since its incorporation in 2014. The company has also been increasing its operational costs exponentially with a total of $595.6M expenses by FQ1'22, representing 38.1% of its revenues and an increase of 207.1% YoY. Nonetheless, given that NIO has kept its operating expenses relatively stable at an average of 33.6% in the past eight quarters, it is apparent that the management has been rather disciplined in cost control as well.NIO R&D and Selling General & Admin ExpensesS&P Capital IQNIO Long-Term Debt, Cash/ Equivalent, and Share DilutionS&P Capital IQDue to its lack of profitability, it is evident that NIO will likely rely on a combination of long-term debt and share-based compensation (SBC) for its expanding operations. By FQ1'22, the company had increased its reliance on debt by over 11-fold from $0.15B to $1.75B, while also diluting its shareholder by 55.5% since its IPO in September 2018. In FY2021 alone, NIO spent $158.5M in SBC, while drastically increasing the expenses to $74.6M by FQ1'22, representing an increase of 390.2% YoY. Assuming a similar rate of SBC expenses, we may expect the company to report up to $300M for FY2022. That would be a concern for many early investors, given that the company is not expected to report net income profitability until FY2024.NIO Will Most Likely Fail To Deliver In FQ2'22NIO Projected Revenue and Net IncomeS&P Capital IQOver the next three years, NIO is projected to grow its revenue at a CAGR of 55.36% while also achieving profitability by FY2024 with a net income of $0.34B. For FY2022, consensus estimates that the company will report revenues of $9.15B with net incomes of -$0.88B, representing impressive YoY growth of 61% and 50%, respectively.Nonetheless, given the ongoing Zero Covid Policy in China, there is a likelihood of a downwards re-rating for NIO's FY2022 revenue, given Shanghai's continuous lockdowns. The company itself had guided FQ2'22 revenues in the range of $1.47B to $1.59B against consensus estimates of $1.79B, representing up to a 5.7% decline QoQ though a 12.2% growth YoY. We are also not convinced of NIO's delivery guidance of at least 23K vehicles for FQ2'22, given that the company had only delivered 5.074K and 7.042K vehicles in April and May 2022 respectively, thereby requiring an ambitious delivery of 10.884K vehicles in June 2022. Though rather unlikely, we shall anticipate its delivery update by early July 2022.In contrast, we may expect improvement by H2'22 once NIO successfully expands its production capacity while also entering the auto market in Germany, The Netherlands, Sweden, and Denmark. Nonetheless, it is also important to note that these require an easing of China's Covid policy while a stabling of the global supply chain issues. We shall continue to monitor the situation.In the meantime, we encourage you to read our previous article on NIO, which would help you better understand its position and market opportunities.NIO: Down 55% With Supercharged Growth - Time To Buy NowSo, Is NIO Stock A Buy, Sell, or Hold? NIO 3Y EV/Revenue and P/E ValuationsS&P Capital IQNIO is currently trading at an EV/NTM Revenue of 2.58x and NTM P/E of -47.22x, lower than its 3Y mean of 7.12x and -83.60x, respectively. The stock is also trading at $18.14, down 67% from its 52 weeks high of $55.13, though at a 55.4% premium from its 52 weeks low of $11.67. It is apparent that the NIO stock has been on sideways price action since our last analysis in April 2022.NIO 3Y Stock PriceSeeking AlphaGiven the macro issues and China's unrelenting Zero Covid Policy, we are of the opinion that pain will not be ending anytime soon. Therefore, NIO's delivery would likely continue to be impacted until then, further reducing any chances of stock recovery in the short term.Though consensus estimates had rated NIO as an attractive buy with a price target of $38.33, we are of a more conservative opinion of a potential retracement by early July 2022, assuming that the company could not deliver on its FQ2'23 vehicle target. As a result, we encourage investors to wait for a deeper retracement before adding to their portfolio.Therefore, we rate NIO stock as a Hold for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013444838,"gmtCreate":1648772038943,"gmtModify":1676534394564,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013444838","repostId":"2224920394","repostType":4,"repost":{"id":"2224920394","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":1648771732,"share":"https://ttm.financial/m/news/2224920394?lang=&edition=fundamental","pubTime":"2022-04-01 08:08","market":"us","language":"en","title":"Ford to Halt Mustang Production at Michigan Plant for a Week Due to Chip Shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=2224920394","media":"Dow Jones","summary":"Ford Motor Co. will pause production next week at a Michigan plant that produces Mustangs due to the","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/F\">Ford Motor Co.</a> will pause production next week at a Michigan plant that produces Mustangs due to the ongoing chip shortage.</p><p>&#34;The global semiconductor shortage continues to affect Ford&#39;s North American plants,&#34; the automaker said in a statement Thursday. &#34;Behind the scenes, we have teams working on how to maximize production, with a continued commitment to building every high-demand vehicle for our customers with the quality they expect. All of our North American plants will run the week of April 4, except Flat Rock Assembly Plant.&#34;</p><p>The Flat Rock, Mich., facility started producing the 2022 Ford Mustang in January, but production has been halted multiple times this year due to supply-chain constraints. Ford plants in Ohio and Kentucky have also halted production at times this year.</p><p>In February, Ford warned in its fourth-quarter earnings report that its production would likely see a &#34;low double-digit net decline in the first quarter,&#34; citing &#34;persistent supply-chain disruptions.&#34; Still, Ford said it expected 10% to 15% full-year wholesale gains in 2022.</p><p>Ford shares <a href=\"https://laohu8.com/S/F\">$(F)$</a> fell 2% Thursday and are down nearly 19% year to date, but are up 39% over the past year, compared to the S&amp;P 500&#39;s  5% decline in 2022 and 13% gain over the past 12 months.<img src=\"https://static.tigerbbs.com/7c5e4c0240a092d4b03d96d0cdfa9945\" tg-width=\"1017\" tg-height=\"665\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford to Halt Mustang Production at Michigan Plant for a Week Due to Chip Shortage</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\">\nFord to Halt Mustang Production at Michigan Plant for a Week Due to Chip Shortage\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\">2022-04-01 08:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/F\">Ford Motor Co.</a> will pause production next week at a Michigan plant that produces Mustangs due to the ongoing chip shortage.</p><p>&#34;The global semiconductor shortage continues to affect Ford&#39;s North American plants,&#34; the automaker said in a statement Thursday. &#34;Behind the scenes, we have teams working on how to maximize production, with a continued commitment to building every high-demand vehicle for our customers with the quality they expect. All of our North American plants will run the week of April 4, except Flat Rock Assembly Plant.&#34;</p><p>The Flat Rock, Mich., facility started producing the 2022 Ford Mustang in January, but production has been halted multiple times this year due to supply-chain constraints. Ford plants in Ohio and Kentucky have also halted production at times this year.</p><p>In February, Ford warned in its fourth-quarter earnings report that its production would likely see a &#34;low double-digit net decline in the first quarter,&#34; citing &#34;persistent supply-chain disruptions.&#34; Still, Ford said it expected 10% to 15% full-year wholesale gains in 2022.</p><p>Ford shares <a href=\"https://laohu8.com/S/F\">$(F)$</a> fell 2% Thursday and are down nearly 19% year to date, but are up 39% over the past year, compared to the S&amp;P 500&#39;s  5% decline in 2022 and 13% gain over the past 12 months.<img src=\"https://static.tigerbbs.com/7c5e4c0240a092d4b03d96d0cdfa9945\" tg-width=\"1017\" tg-height=\"665\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4099":"汽车制造商","F":"福特汽车","BK4574":"无人驾驶","BK4555":"新能源车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2224920394","content_text":"Ford Motor Co. will pause production next week at a Michigan plant that produces Mustangs due to the ongoing chip shortage.\"The global semiconductor shortage continues to affect Ford's North American plants,\" the automaker said in a statement Thursday. \"Behind the scenes, we have teams working on how to maximize production, with a continued commitment to building every high-demand vehicle for our customers with the quality they expect. All of our North American plants will run the week of April 4, except Flat Rock Assembly Plant.\"The Flat Rock, Mich., facility started producing the 2022 Ford Mustang in January, but production has been halted multiple times this year due to supply-chain constraints. Ford plants in Ohio and Kentucky have also halted production at times this year.In February, Ford warned in its fourth-quarter earnings report that its production would likely see a \"low double-digit net decline in the first quarter,\" citing \"persistent supply-chain disruptions.\" Still, Ford said it expected 10% to 15% full-year wholesale gains in 2022.Ford shares $(F)$ fell 2% Thursday and are down nearly 19% year to date, but are up 39% over the past year, compared to the S&P 500's  5% decline in 2022 and 13% gain over the past 12 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010655132,"gmtCreate":1648365680630,"gmtModify":1676534331814,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010655132","repostId":"2221071429","repostType":4,"repost":{"id":"2221071429","kind":"news","pubTimestamp":1648343569,"share":"https://ttm.financial/m/news/2221071429?lang=&edition=fundamental","pubTime":"2022-03-27 09:12","market":"us","language":"en","title":"Alphabet Vs. Meta: One Is The Much Better Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2221071429","media":"seekingalpha","summary":"FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are fa","content":"<html><head></head><body><p></p><p><img src=\"https://static.tigerbbs.com/f8682b68644fb0e700ccf73bfd598736\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FotoMaximum/iStock via Getty Images</p><p></p><p>Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years.</p><p><b> Alphabet And Meta Returns Since 2013</b></p><p></p><p><img src=\"https://static.tigerbbs.com/c7de1c1120c62c3dad9c49e5d4e5a134\" tg-width=\"640\" tg-height=\"112\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Portfolio Visualizer Premium</p><p></p><p>In fact, both have crushed even the red hot Nasdaq during <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest tech bull runs in US history, delivering Buffett-like 25% returns that resulted in an 8X return.</p><p></p><p><img src=\"https://static.tigerbbs.com/ad549342543f2ced891f57b6c43bb4fd\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ycharts</p><p></p><p>While the market is currently in a correction, and growth stocks have been especially hard hit, Meta has been crushed, falling into a 50% bear market.</p><p>I&#39;ve bought both growth legends in this correction, but one is a core growth name in my correction plan, and the other is a non-core holding.</p><p>So let me explain why both Meta and Alphabet are great companies, worth owning, and even buying more of right now.</p><p>However, a careful examination of both of their fundamentals makes it clear that Alphabet is the global king of digital marketing, and this is likely to remain the case for the foreseeable future.</p><h2>The Challenge Facing Digital Marketers Right Now</h2><p></p><p><img src=\"https://static.tigerbbs.com/a556ac1fd6482c83da2db4af6d5b7540\" tg-width=\"640\" tg-height=\"637\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>eMarketer</p><p></p><p>GOOG, FB, and Amazon (AMZN) have a triopoly on US digital marketing, commanding an estimated 65% of the market.</p><p>Both GOOG and FB are losing market share to AMZN because Amazon&#39;s ads are 3X as effective at converting to actual sales.</p><p>That&#39;s because Amazon has spent decades gathering customer sales data and knows what its customers want better than anyone on earth.</p><p>Apple&#39;s (AAPL) recent privacy shift in iOS, makes it much easier to opt out of data tracking, and 62% of iPhone users have indeed opted out.</p><p>This has proven a hammer blow to FB, which management says could cost it $10 billion in 2022 alone.</p><p>GOOG is less at risk since it still has the search data it can use to optimize for targeted ads.</p><p>AMZN is the least at risk since it relies far less on cookie tracking than its rivals.</p><p>This kind of business model disruption is part of FB and GOOG&#39;s risk profile, which brings us to our first point of comparison.</p><h2>Long-Term Risk Management: Winner Alphabet</h2><p>How do we quantify, monitor, and track such a complex risk profile? By doing what big institutions do.</p><h2>Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk</h2><ul><li>4 Things You Need To Know To Profit From ESG Investing</li><li>What Investors Need To Know About Company Long-Term Risk Management (Video)</li></ul><p>Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.</p><ul><li>ESG is NOT &#34;political or personal ethics based investing&#34;</li><li>it&#39;s total long-term risk management analysis</li></ul><blockquote><i><b>ESG is just normal risk by another name.</b></i><i>&#34; Simon MacMahon, head of ESG and corporate governance research, Sustainalytics&#34; - Morningstar</i></blockquote><blockquote><i>ESG factors are taken into consideration, alongside all other credit factors, when we consider they are relevant to and have or may have a material influence on creditworthiness.&#34; - S&amp;P</i></blockquote><p>ESG is a measure of risk, not of ethics, political correctness, or personal opinion.</p><p>S&amp;P, Fitch, Moody&#39;s, DBRS (Canadian rating agency), AMBest (insurance rating agency), R&amp;I Credit Rating (Japanese rating agency), and the Japan Credit Rating Agency <b>have been using ESG models in their credit ratings for decades.</b></p><ul><li><b>every credit rating for the last 30 years has included these risk models, you just weren&#39;t aware of it </b></li><li>credit and risk management ratings make up 41% of the DK safety and quality model</li><li>dividend/balance sheet/risk ratings make up 82% of the DK safety and quality model</li></ul><p>Every major financial institution also tracks long-term risk management and considers it essential to sound long-term investing including,</p><ul><li>BlackRock</li><li>MSCI</li><li>JPMorgan</li><li>Wells Fargo</li><li>Bank of America</li><li>Deutsche Bank</li><li>virtually every major financial institution in the world</li></ul><p>We use six rating agencies to get a consensus risk management percentile, comparing how well a company manages its risk relative to its peers.</p><p>For context:</p><ul><li>master list average: 62nd percentile</li><li>dividend kings: 63rd percentile</li><li>dividend aristocrats: 67th percentile</li><li>Ultra SWANs: 71st percentile</li></ul><p>The better a company&#39;s risk management consensus the more likely it will be able to adapt to challenges to its business model, as we&#39;re seeing now with GOOG and FB.</p><h4>Meta Long-Term Risk-Management Consensus</h4><table><colgroup></colgroup><tbody><tr><td><b>Rating Agency</b></td><td><b>Industry Percentile</b></td><td><p><b>Rating Agency Classification</b></p></td></tr><tr><td>MSCI 37 Metric Model</td><td>26.0%</td><td><p>B Industry Laggard, Negative Trend</p></td></tr><tr><td>Morningstar/Sustainalytics 20 Metric Model</td><td>0.7%</td><td><p>32.4/100 High-Risk</p></td></tr><tr><td>Reuters&#39;/Refinitiv 500+ Metric Model</td><td>88.9%</td><td>Good</td></tr><tr><td>S&amp;P 1,000+ Metric Model</td><td>18.0%</td><td><p>Very Poor- Stable Trend</p></td></tr><tr><td>Just Capital 19 Metric Model</td><td>50.0%</td><td>Average</td></tr><tr><td>FactSet</td><td>30.0%</td><td><p>Below-Average Stable Trend</p></td></tr><tr><td>Morningstar Global Percentile</td><td>30.6%</td><td>Below-Average</td></tr><tr><td>Just Capital Global Percentile</td><td>25.4%</td><td>Poor</td></tr><tr><td><b>Consensus</b></td><td><b>33.7%</b></td><td><p><b>Below-Average (verging on poor) - medium risk</b></p></td></tr></tbody></table><p><i>(Sources: MSCI, Morningstar, Reuters&#39;, Just Capital, S&amp;P, FactSet Research)</i></p><p>The rating agency consensus is that FB is below-average at managing its risk, verging on poor.</p><p>Now contrast that with GOOG.</p><h4>Alphabet Long-Term Risk-Management Consensus</h4><table><colgroup></colgroup><tbody><tr><td><b>Rating Agency</b></td><td><b>Industry Percentile</b></td><td><p><b>Rating Agency Classification</b></p></td></tr><tr><td>MSCI 37 Metric Model</td><td>53.0%</td><td><p>BBB Average, Negative Trend</p></td></tr><tr><td>Morningstar/Sustainalytics 20 Metric Model</td><td>39.7%</td><td><p>24.3/100 Medium-Risk</p></td></tr><tr><td>Reuters&#39;/Refinitiv 500+ Metric Model</td><td>85.88%</td><td>Good</td></tr><tr><td>S&amp;P 1,000+ Metric Model</td><td>47.0%</td><td><p>Average- Positive Trend</p></td></tr><tr><td>Just Capital 19 Metric Model</td><td>100.00%</td><td><p>#1 Industry Leader</p></td></tr><tr><td>FactSet</td><td>30.0%</td><td><p>Below-Average Stable Trend</p></td></tr><tr><td>Morningstar Global Percentile</td><td>60.88</td><td>Above-Average</td></tr><tr><td>Just Capital Global Percentile</td><td>100%</td><td><p>#1 Industry Leader, #1 Company In America</p></td></tr><tr><td><b>Consensus</b></td><td><b>64.6%</b></td><td><b>Above-Average - low risk </b></td></tr></tbody></table><p><i>(Sources: MSCI, Morningstar, Reuters&#39;, Just Capital, S&amp;P, FactSet Research)</i></p><p>GOOG doesn&#39;t just manage its long-term risk better than FB, it&#39;s beating FB by 31%.</p><ul><li>far more likely to successfully deal with privacy policy shifts, regulators, and every other major risk to its business model</li></ul><p>And risk-management isn&#39;t the only factor in which GOOG outshines FB by a wide margin.</p><h2>Overall Quality: Winner, Alphabet</h2><p>The Dividend King&#39;s overall quality scores are based on a 241 point model that includes:</p><ul><li><p>dividend safety</p></li><li><p>balance sheet strength</p></li><li><p>credit ratings</p></li><li><p>credit default swap medium-term bankruptcy risk data</p></li><li><p>short and long-term bankruptcy risk</p></li><li><p>accounting and corporate fraud risk</p></li><li><p>profitability and business model</p></li><li><p>growth consensus estimates</p></li><li><p>management growth guidance</p></li><li><p>historical earnings growth rates</p></li><li><p>historical cash flow growth rates</p></li><li><p>historical dividend growth rates</p></li><li><p>historical sales growth rates</p></li><li><p>cost of capital</p></li><li><p>long-term risk-management scores from MSCI, Morningstar, FactSet, S&amp;P, Reuters&#39;/Refinitiv, and Just Capital</p></li><li><p>management quality</p></li><li><p>dividend friendly corporate culture/income dependability</p></li><li><p>long-term total returns (a Ben Graham sign of quality)</p></li><li><p>analyst consensus long-term return potential</p></li></ul><p>It actually includes over 1,000 metrics if you count everything factored in by 12 rating agencies we use to assess fundamental risk.</p><ul><li><p>credit and risk management ratings make up 41% of the DK safety and quality model</p></li><li><p>dividend/balance sheet/risk ratings make up 82% of the DK safety and quality model</p></li></ul><p>How do we know that our safety and quality model works well?</p><p>During the two worst recessions in 75 years, our safety model predicted 87% of blue-chip dividend cuts during the ultimate baptism by fire for any dividend safety model.</p><p>That&#39;s because we don&#39;t miss anything important about a company&#39;s fundamental safety and quality.</p><p>So how do GOOG and FB stack up on one of the world&#39;s most comprehensive and accurate safety and quality models?</p><h2>Meta: A Speculative 11/19 Quality Blue-Chip</h2><p><b>Meta Balance Sheet Safety</b></p><table><colgroup></colgroup><tbody><tr><td><b>Rating</b></td><td><b>Dividend Kings Safety Score (151 Point Safety Model)</b></td><td><b>Approximate Dividend Cut Risk (Average Recession)</b></td><td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td></tr><tr><td>1 - unsafe</td><td>0% to 20%</td><td>over 4%</td><td>16+%</td></tr><tr><td>2- below average</td><td>21% to 40%</td><td>over 2%</td><td>8% to 16%</td></tr><tr><td>3 - average</td><td>41% to 60%</td><td>2%</td><td>4% to 8%</td></tr><tr><td>4 - safe</td><td>61% to 80%</td><td>1%</td><td>2% to 4%</td></tr><tr><td>5- very safe</td><td>81% to 100%</td><td>0.5%</td><td>1% to 2%</td></tr><tr><td><b>FB</b></td><td><b>100%</b></td><td><b>NA</b></td><td><b>NA</b></td></tr><tr><td>Risk Rating</td><td>Medium Risk (34th industry percentile risk-management consensus)</td><td>Effective AAA stable outlook credit rating 0.07% 30-year bankruptcy risk</td><td>2.5% OR LESS Max Risk Cap Recommendation - speculative, turnaround stock</td></tr></tbody></table><p><b>Long-Term Dependability</b></p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>DK Long-Term Dependability Score</b></td><td><b>Interpretation</b></td><td><b>Points</b></td></tr><tr><td>Non-Dependable Companies</td><td>21% or below</td><td>Poor Dependability</td><td>1</td></tr><tr><td>Low Dependability Companies</td><td>22% to 60%</td><td>Below-Average Dependability</td><td>2</td></tr><tr><td>S&amp;P 500/Industry Average</td><td>61% (58% to 70% range)</td><td>Average Dependability</td><td>3</td></tr><tr><td>Above-Average</td><td>71% to 80%</td><td>Very Dependable</td><td>4</td></tr><tr><td>Very Good</td><td>81% or higher</td><td>Exceptional Dependability</td><td>5</td></tr><tr><td><b>FB</b></td><td><b>67%</b></td><td><b>Average Dependability</b></td><td><b>3</b></td></tr></tbody></table><p><b>Overall Quality</b></p><table><colgroup></colgroup><tbody><tr><td><b>FB</b></td><td><b>Final Score</b></td><td><b>Rating</b></td></tr><tr><td>Safety</td><td>100%</td><td>5/5 very safe</td></tr><tr><td>Business Model</td><td>100%</td><td>3/3 wide moat</td></tr><tr><td>Dependability</td><td>67%</td><td>3/5 average dependability</td></tr><tr><td><b>Total</b></td><td><b>84%</b></td><td><b>11/13 Speculative Blue-Chip</b></td></tr><tr><td>Risk Rating</td><td><p>2/3 Medium Risk</p></td><td></td></tr><tr><td>2.5% OR LESS Max Risk Cap Rec - speculative, turnaround stock</td><td><p>20% Margin of Safety For A Potentially Good Buy</p></td><td></td></tr></tbody></table><p>And here&#39;s GOOG.</p><h2>Alphabet: A 13/13 Quality Ultra SWAN</h2><p><b>Alphabet Balance Sheet Safety</b></p><table><colgroup></colgroup><tbody><tr><td><b>Rating</b></td><td><b>Dividend Kings Safety Score (151 Point Safety Model)</b></td><td><b>Approximate Dividend Cut Risk (Average Recession)</b></td><td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td></tr><tr><td>1 - unsafe</td><td>0% to 20%</td><td>over 4%</td><td>16+%</td></tr><tr><td>2- below average</td><td>21% to 40%</td><td>over 2%</td><td>8% to 16%</td></tr><tr><td>3 - average</td><td>41% to 60%</td><td>2%</td><td>4% to 8%</td></tr><tr><td>4 - safe</td><td>61% to 80%</td><td>1%</td><td>2% to 4%</td></tr><tr><td>5- very safe</td><td>81% to 100%</td><td>0.5%</td><td>1% to 2%</td></tr><tr><td><b>GOOG</b></td><td><b>100%</b></td><td><b>NA</b></td><td><b>NA</b></td></tr><tr><td>Risk Rating</td><td>Low Risk (65th industry percentile risk-management consensus)</td><td>AA+ stable outlook credit rating 0.29% 30-year bankruptcy risk</td><td>20% OR LESS Max Risk Cap Recommendation</td></tr></tbody></table><p><b>Long-Term Dependability</b></p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>DK Long-Term Dependability Score</b></td><td><b>Interpretation</b></td><td><b>Points</b></td></tr><tr><td>Non-Dependable Companies</td><td>21% or below</td><td>Poor Dependability</td><td>1</td></tr><tr><td>Low Dependability Companies</td><td>22% to 60%</td><td>Below-Average Dependability</td><td>2</td></tr><tr><td>S&amp;P 500/Industry Average</td><td>61% (58% to 70% range)</td><td>Average Dependability</td><td>3</td></tr><tr><td>Above-Average</td><td>71% to 80%</td><td>Very Dependable</td><td>4</td></tr><tr><td>Very Good</td><td>81% or higher</td><td>Exceptional Dependability</td><td>5</td></tr><tr><td><b>GOOG</b></td><td><b>89%</b></td><td><b>Exceptional Dependability</b></td><td><b>5</b></td></tr></tbody></table><p><b>Overall Quality</b></p><table><colgroup></colgroup><tbody><tr><td><b>GOOG</b></td><td><b>Final Score</b></td><td><b>Rating</b></td></tr><tr><td>Safety</td><td>100%</td><td>5/5 very safe</td></tr><tr><td>Business Model</td><td>100%</td><td>3/3 wide moat</td></tr><tr><td>Dependability</td><td>89%</td><td>5/5 exceptional</td></tr><tr><td><b>Total</b></td><td><b>95%</b></td><td><b>13/13 Ultra SWAN</b></td></tr><tr><td>Risk Rating</td><td>3/3 Low Risk</td><td></td></tr><tr><td>20% OR LESS Max Risk Cap Rec</td><td><p>5% Margin of Safety For A Potentially Good Buy</p></td><td></td></tr></tbody></table><ul><li>Meta: 114th highest quality company on the Masterlist: 78th percentile</li><li>Alphabet: 39th highest quality: 92nd percentile</li></ul><p>Both companies are exceptionally high quality given that our company database is one of the best in the world.</p><p>The DK 500 Master List includes the world&#39;s highest quality companies including:</p><ul><li><p>All dividend champions</p></li><li><p>All dividend aristocrats</p></li><li><p>All dividend kings</p></li><li><p>All global aristocrats (such as BTI, ENB, and NVS)</p></li><li><p>All 13/13 Ultra Swans (as close to perfect quality as exists on Wall Street)</p></li><li>48 of the world&#39;s best growth stocks (on its way to 100)</li></ul><p>But when it comes to overall quality, factoring in over 1,000 fundamental metrics, the winner is clearly once more Alphabet.</p><p>Why is GOOG the hands-down winner in this quality fight with FB?</p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Quality Rating (out Of 13)</b></td><td><b>Quality Score (Out Of 100)</b></td><td><b>Dividend/Balance Sheet Safety Rating (out of 5)</b></td><td><b>Safety Score (Out Of 100)</b></td><td><b>Dependability Rating (Out Of 5)</b></td><td><b>Dependability Score (out Of 100)</b></td></tr><tr><td><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></td><td>11 Speculative Blue-Chip</td><td>84%</td><td>5 Very Safe</td><td>100%</td><td>3 average</td><td>67%</td></tr><tr><td>Alphabet</td><td>13 Ultra SWAN</td><td>95%</td><td>5 Very Safe</td><td>100%</td><td>5 exceptional</td><td>89%</td></tr></tbody></table><p><i>(Source: DK Research Terminal)</i></p><p>Both FB and Meta have exceptionally strong balance sheets, making the risk of bankruptcy as close to zero as you can find on Wall Street.</p><h4>Alphabet&#39;s Balance Sheet: AA+ Rated By S&amp;P</h4><p></p><p><img src=\"https://static.tigerbbs.com/a13f13c309fa748452dfea0afb27ebdf\" tg-width=\"491\" tg-height=\"373\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>GuruFocus Premium</p><p></p><p>GOOG has $140 billion in cash and just $13 billion in debt.</p><p>Its advanced accounting metrics (F, Z, and M-score) are exceptional.</p><ul><li>F-score is a measure of short-term bankruptcy risk</li><li>4+ is safe, 7+ very safe and GOOG&#39;s is 8</li><li>M-score is 84% to 92% accurate at forecasting long-term bankruptcies</li><li>1.81+ is safe, 3+ is very safe and GOOG&#39;s is 13.04</li><li>M-score is 76% accurate at catching accounting fraud, and 82.5% accurate at finding companies with honest accounting</li><li>-1.78 or lower is safe and GOOG&#39;s is -2.48</li></ul><h4>Meta&#39;s Balance Sheet: Effectively AAA</h4><p></p><p><img src=\"https://static.tigerbbs.com/68209d14c736c8328e46572200e82060\" tg-width=\"487\" tg-height=\"373\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>GuruFocus Premium</p><p></p><p>The only &#34;debt&#34; Meta has is receivables, it actually carries no long-term debt.</p><p>That is why it&#39;s the largest company on earth that doesn&#39;t pay the $500K per year for a credit rating.</p><p>However, given its current and historical advanced credit metrics, as well as its exceptionally strong solvency ratios (current ratio, quick ratio, and cash ratios), I&#39;m highly confident that it would be AAA-rated.</p><ul><li>because it&#39;s literally not possible for FB to default on debt it doesn&#39;t have</li></ul><table><colgroup></colgroup><tbody><tr><td><b>Credit Rating</b></td><td><b>30-Year Bankruptcy Probability</b></td></tr><tr><td>AAA (Meta)</td><td>0.07%</td></tr><tr><td>AA+ (Alphabet)</td><td>0.29%</td></tr><tr><td>AA</td><td>0.51%</td></tr><tr><td>AA-</td><td>0.55%</td></tr><tr><td>A+</td><td>0.60%</td></tr><tr><td>A</td><td>0.66%</td></tr><tr><td>A-</td><td>2.5%</td></tr><tr><td>BBB+</td><td>5%</td></tr><tr><td>BBB</td><td>7.5%</td></tr><tr><td>BBB-</td><td>11%</td></tr><tr><td>BB+</td><td>14%</td></tr><tr><td>BB</td><td>17%</td></tr><tr><td>BB-</td><td>21%</td></tr><tr><td>B+</td><td>25%</td></tr><tr><td>B</td><td>37%</td></tr><tr><td>B-</td><td>45%</td></tr><tr><td>CCC+</td><td>52%</td></tr><tr><td>CCC</td><td>59%</td></tr><tr><td>CCC-</td><td>65%</td></tr><tr><td>CC</td><td>70%</td></tr><tr><td>C</td><td>80%</td></tr><tr><td>D</td><td>100%</td></tr></tbody></table><p><i>(Sources: S&amp;P, University of St. Petersberg)</i></p><p>This means the fundamental risk of losing all your money over the next 30 years buying FB or GOOG today is approximately</p><ul><li>1 in 1,429 for FB</li><li>1 in 345 for GOOG</li></ul><p>And both companies&#39; balance sheets are expected to keep getting stronger over time.</p><p><b>Alphabet: Consensus $441 Billion In Net Cash By 2027 </b></p><p></p><p><img src=\"https://static.tigerbbs.com/76c3a6843c329c2b16d3839e0e124674\" tg-width=\"640\" tg-height=\"308\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p><b>Meta: Consensus $71 Billion In Net Cash By 2027</b></p><p></p><p><img src=\"https://static.tigerbbs.com/ec44680d5d8318ba8ed74d4b40ae28e9\" tg-width=\"640\" tg-height=\"268\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>Now let&#39;s consider profitability, Wall Street&#39;s favorite quality proxy.</p><h2>Profitability: Winner, Meta By A Small Amount</h2><p><b>Meta Profitability Vs Peers</b></p><p></p><p><img src=\"https://static.tigerbbs.com/9e2b501a3cd5bb6da5299422362bed67\" tg-width=\"486\" tg-height=\"342\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Gurufocus Premium</p><p></p><p><b>Alphabet Profitability Vs Peers</b></p><p></p><p><img src=\"https://static.tigerbbs.com/926a2ab456d218b3ef8cd49552df5565\" tg-width=\"488\" tg-height=\"345\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Gurufocus Premium</p><p></p><p>Both companies are profit-minting machines.</p><p></p><p><img src=\"https://static.tigerbbs.com/673b7f04eadaf433b4fe704dda171180\" tg-width=\"640\" tg-height=\"391\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ycharts</p><p></p><p>These are two of the most profitable companies on earth, and their industry-leading profitability has been stable or improving for over a decade, confirming a wide and stable moat.</p><p></p><p><img src=\"https://static.tigerbbs.com/9a1b491d8a76dd73ddc3b2ea13e999c8\" tg-width=\"640\" tg-height=\"187\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>FB&#39;s free cash flow is expected to keep growing and reach $77 billion in 2027.</p><p>This is expected to result in impressive buybacks in the coming years.</p><ul><li>$219 billion in consensus buybacks through 2027</li><li>38% of shares at current valuations</li></ul><p></p><p><img src=\"https://static.tigerbbs.com/93f9e72220887060384ea19dc975503c\" tg-width=\"640\" tg-height=\"165\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>GOOG&#39;s annual free cash flow is expected to grow to $139 billion in 2027, allowing it to undertake even more impressive buybacks.</p><ul><li>$380 billion in consensus buybacks through 2027</li><li>21% of shares at current valuations</li></ul><p>Now let&#39;s consider one important profitability metric in particular.</p><p>Return on capital or ROC is Joel Greenblatt&#39;s gold standard proxy for quality and moatiness.</p><p>ROC = pre-tax profit/operating capital (the money it takes to run the business).</p><ul><li>S&amp;P 500&#39;s average in 2021 was 14.6% (average investment pays for itself in 7 years)</li></ul><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>ROC (Greenblatt)</b></td><td><b>ROC Industry Percentile</b></td><td><b>13-Year Median ROC</b></td><td><b>5-Year ROC Trend (OTC:CAGR)</b></td></tr><tr><td>Meta Platforms</td><td>74%</td><td>65%</td><td>95%</td><td>-16%</td></tr><tr><td>Alphabet</td><td>87%</td><td>67%</td><td>74%</td><td>-7%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>In the past year, GOOG&#39;s return on capital was higher than FB&#39;s and it&#39;s also above its 13-year median indicating a more stable moat.</p><p>In other words, when it comes to profitability, FB edges out GOOG by a small amount, except in terms of return on capital, where it&#39;s once more the winner.</p><h2>Valuation: Winner, Meta</h2><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Average Fair Value</b></td><td><b>Current Price</b></td><td><b>Discount To Fair Value</b></td><td><b>DK Rating</b></td><td><b>PE 2022</b></td><td><b>PEG 2022</b></td></tr><tr><td>Meta Platforms</td><td>$265.75</td><td>$214.35</td><td>19.6%</td><td>Potentially Reasonable Buy</td><td>17.19</td><td>1.49</td></tr><tr><td>Alphabet</td><td>$3,161.89</td><td>$2,771.92</td><td>12.3%</td><td>Potentially Good Buy</td><td>23.51</td><td>1.67</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>FB is trading at a slightly lower valuation and a higher margin of safety, though not quite high enough for me to consider it a good buy.</p><ul><li>20% discount is needed to make FB a potentially good buy given its lower quality and risk profile</li></ul><p>If we back out cash we see that FB is once more the more undervalued company.</p><ul><li>FB EV/EBITDA: 9.5</li><li>GOOG EV/EBITDA: 14.5</li></ul><p>However, both companies are trading at highly attractive valuations.</p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>12-Month Consensus Total Return Potential</b></td><td><b>12-Month Fundamentally Justified Upside Total Return Potential</b></td></tr><tr><td>Meta Platforms</td><td>48.47%</td><td>23.98%</td></tr><tr><td>Alphabet</td><td>25.77%</td><td>14.11%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>This is why analysts expect both to deliver very strong returns, though FB potentially much more than GOOG.</p><p>Of course, what happens in the next year doesn&#39;t matter as much as the kind of returns both companies can deliver over the long-term.</p><h2>Long-Term Total Return Potential: Winner, Alphabet</h2><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Yield</b></td><td><b>FactSet Long-Term Consensus Growth Rate</b></td><td><b>LT Consensus Total Return Potential</b></td><td><b>Risk-Adjusted Expected Return</b></td></tr><tr><td>Meta Platforms</td><td>0.00%</td><td>11.5%</td><td>11.5%</td><td>8.1%</td></tr><tr><td>Alphabet</td><td>0.00%</td><td>14.1%</td><td>14.1%</td><td>9.9%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>GOOG is expected to grow significantly faster than FB over time, resulting in far better long-term returns.</p><table><colgroup></colgroup><tbody><tr><td><b>Investment Strategy</b></td><td><b>Yield</b></td><td><b>LT Consensus Growth</b></td><td><b>LT Consensus Total Return Potential</b></td><td><b>Long-Term Risk-Adjusted Expected Return</b></td><td><b>Long-Term Inflation And Risk-Adjusted Expected Returns</b></td><td><b>Years To Double Your Inflation &amp; Risk-Adjusted Wealth</b></td><td><p><b>10 Year Inflation And Risk-Adjusted Return</b></p></td></tr><tr><td>Europe</td><td>2.6%</td><td>12.8%</td><td>15.4%</td><td>10.7%</td><td>8.6%</td><td>8.4</td><td>2.27</td></tr><tr><td>Value</td><td>2.1%</td><td>12.1%</td><td>14.1%</td><td>9.9%</td><td>7.7%</td><td>9.3</td><td>2.10</td></tr><tr><td><b>Alphabet</b></td><td><b>0.0%</b></td><td><b>14.1%</b></td><td><b>14.1%</b></td><td><b>9.9%</b></td><td><b>7.7%</b></td><td><b>9.4</b></td><td>2.10</td></tr><tr><td>High-Yield</td><td>2.8%</td><td>11.3%</td><td>14.1%</td><td>9.9%</td><td>7.7%</td><td>9.4</td><td>2.10</td></tr><tr><td>High-Yield + Growth</td><td>1.7%</td><td>11.0%</td><td>12.7%</td><td>8.9%</td><td>6.7%</td><td>10.8</td><td>1.91</td></tr><tr><td>Safe Midstream + Growth</td><td>3.3%</td><td>8.5%</td><td>11.8%</td><td>8.3%</td><td>6.1%</td><td>11.8</td><td>1.80</td></tr><tr><td><b>Meta</b></td><td><b>0.0%</b></td><td><b>11.50%</b></td><td><b>11.5%</b></td><td><b>8.1%</b></td><td><b>5.9%</b></td><td><b>12.3</b></td><td>1.77</td></tr><tr><td>Nasdaq (Growth)</td><td>0.8%</td><td>10.7%</td><td>11.5%</td><td>8.1%</td><td>5.9%</td><td>12.3</td><td>1.77</td></tr><tr><td>Safe Midstream</td><td>5.5%</td><td>6.0%</td><td>11.5%</td><td>8.1%</td><td>5.9%</td><td>12.3</td><td>1.77</td></tr><tr><td>Dividend Aristocrats</td><td>2.2%</td><td>8.9%</td><td>11.1%</td><td>7.8%</td><td>5.6%</td><td>12.9</td><td>1.72</td></tr><tr><td>REITs + Growth</td><td>1.8%</td><td>8.9%</td><td>10.6%</td><td>7.4%</td><td>5.2%</td><td>13.7</td><td>1.67</td></tr><tr><td>S&amp;P 500</td><td>1.4%</td><td>8.5%</td><td>9.9%</td><td>7.0%</td><td>4.8%</td><td>15.1</td><td>1.59</td></tr><tr><td>Realty Income</td><td>4.6%</td><td>5.2%</td><td>9.8%</td><td>6.9%</td><td>4.7%</td><td>15.4</td><td>1.58</td></tr><tr><td>Dividend Growth</td><td>1.6%</td><td>8.0%</td><td>9.6%</td><td>6.7%</td><td>4.5%</td><td>15.9</td><td>1.56</td></tr><tr><td>REITs</td><td>2.9%</td><td>6.5%</td><td>9.4%</td><td>6.6%</td><td>4.4%</td><td>16.4</td><td>1.54</td></tr><tr><td>60/40 Retirement Portfolio</td><td>2.1%</td><td>5.1%</td><td>7.2%</td><td>5.1%</td><td>2.9%</td><td>24.9</td><td>1.33</td></tr><tr><td>10-Year US Treasury</td><td>2.3%</td><td>0.0%</td><td>2.3%</td><td>1.6%</td><td>-0.5%</td><td>-131.1</td><td>0.95</td></tr></tbody></table><p><i>(Source: Morningstar, FactSet, Ycharts)</i></p><p>Both companies are expected to beat the S&amp;P 500 over time, though FB merely to match the Nasdaq while GOOG is expected to run circles around big tech.</p><p>What kind of difference does 2.6% per year in potential extra returns actually mean for your life?</p><h4>Inflation-Adjusted Consensus Return Forecast: $1,000 Initial Investment</h4><table><colgroup></colgroup><tbody><tr><td><b>Time Frame (Years)</b></td><td><b>7.7% CAGR Inflation-Adjusted S&amp;P Consensus</b></td><td><b>11.9% Inflation-Adjusted GOOG Consensus</b></td><td><b>9.3% CAGR Inflation-Adjusted FB Consensus</b></td><td><b>Difference Between Inflation Adjusted GOOG and FB Consensus Returns</b></td></tr><tr><td>5</td><td>$1,449.03</td><td>$1,756.06</td><td>$1,561.34</td><td>$194.71</td></tr><tr><td>10</td><td>$2,099.70</td><td>$3,083.73</td><td>$2,437.79</td><td>$645.95</td></tr><tr><td>15</td><td>$3,042.53</td><td>$5,415.21</td><td>$3,806.22</td><td>$1,608.99</td></tr><tr><td>20</td><td>$4,408.74</td><td>$9,509.42</td><td>$5,942.82</td><td>$3,566.60</td></tr><tr><td>25</td><td>$6,388.41</td><td>$16,699.08</td><td>$9,278.77</td><td>$7,420.31</td></tr><tr><td>30</td><td>$9,257.02</td><td>$29,324.53</td><td>$14,487.34</td><td>$14,837.19</td></tr></tbody></table><p><i>(Source: Morningstar, FactSet, Ycharts)</i></p><p>Both FB and GOOG are likely to generate good returns but GOOG could turn a modest investment today into a potentially small fortune in the coming decades.</p><table><colgroup></colgroup><tbody><tr><td><b>Time Frame (Years)</b></td><td><b>Ratio Inflation-Adjusted GOOG and FB Consensus</b></td></tr><tr><td>5</td><td>1.12</td></tr><tr><td>10</td><td>1.26</td></tr><tr><td>15</td><td>1.42</td></tr><tr><td>20</td><td>1.60</td></tr><tr><td>25</td><td>1.80</td></tr><tr><td>30</td><td>2.02</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>In fact, GOOG could potentially double FB&#39;s 30-year returns if both companies grow as analysts currently expect.</p><h2>Short &amp; Medium-Term Total Return Potential: Tie</h2><p><b>Meta 2024 Consensus Return Potential </b></p><p></p><p><img src=\"https://static.tigerbbs.com/5f903c32f63dbb4cfa5efa19492b8a0f\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>FB growing at 11.5% is worth about 20.5X earnings based on the company&#39;s historical PEG ratio.</p><ul><li>analyst 12-month consensus forecast is for 21.9 PE</li></ul><p>This means that if FB grows as expected through 2024 it could deliver about 18% annular returns, far more than the 17% overvalued S&amp;P 500 is likely to generate.</p><p>What about the next five years?</p><h4>S&amp;P 500 2027 Consensus Return Potential</h4><table><colgroup></colgroup><tbody><tr><td><b>Year</b></td><td><b>Upside Potential By End of That Year</b></td><td><b>Consensus CAGR Return Potential By End of That Year</b></td><td><b>Probability-Weighted Return (Annualized)</b></td><td><p><b>Inflation And Risk-Adjusted Expected Returns</b></p></td></tr><tr><td>2027</td><td>34.75%</td><td>6.15%</td><td>4.61%</td><td>1.27%</td></tr></tbody></table><p><i>(Source: DK S&amp;P 500 Valuation And Total Return Tool)</i></p><p>For context, analysts expect 35% returns from the S&amp;P 500, which adjusted for inflation and risk is 1% compared to the market&#39;s historical 6% to 7% real return.</p><h4><b>Meta 2027 Consensus Return Potential</b></h4><p></p><p><img src=\"https://static.tigerbbs.com/66d31fef78452199e2961d8d89d65454\" tg-width=\"275\" tg-height=\"365\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>FB could more than double your money if it grows as analysts expect over the next five years.</p><ul><li>3.2X the S&amp;P 500 consensus</li></ul><h2><b>GOOG 2024 Consensus Return Potential </b></h2><p></p><p><img src=\"https://static.tigerbbs.com/bc664bb22e0ba08e06de0e9bbed286c3\" tg-width=\"640\" tg-height=\"271\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>GOOG could deliver 13% annual returns through 2024 if it grows as expected.</p><p>In the past GOOG has grown as slowly as 11% and billions of investors still paid 25.7X earnings, meaning that its historical market-fair value multiple of 25 to 26X earnings should still be valid.</p><h4><b>GOOG 2027 Consensus Return Potential</b></h4><p></p><p><img src=\"https://static.tigerbbs.com/e36d07a6169cb075678d6646bca01679\" tg-width=\"399\" tg-height=\"511\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>Thanks to GOOG&#39;s faster growth rate analysts expect both companies to potentially deliver identical returns.</p><ul><li>about 14% annually over the next five years</li><li>also 3.2X better than the S&amp;P 500</li></ul><h2>Bottom Line: Both Are Great Companies But In The Battle Of Meta And Alphabet There Is One Clear Winner</h2><p></p><p><img src=\"https://static.tigerbbs.com/5dea4bc19b8951f30e1b2bea40e989b9\" tg-width=\"640\" tg-height=\"314\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p><img src=\"https://static.tigerbbs.com/507426f09d401e866c66a1f1dd597e4f\" tg-width=\"640\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p></p><p>Both Alphabet and Meta are wonderful companies, and as close to perfect growth blue-chip opportunities as you can find on Wall Street right now.</p><ul><li>far superior valuation</li><li>superior quality</li><li>superior long-term return potential to the S&amp;P 500</li></ul><p>However, when we examine both companies in their entirety one fact is clear.</p><ul><li>GOOG is a higher quality company</li><li>GOOG is a faster-growing company (<i>with potentially 2X better long-term return potential than FB</i>)</li><li>GOOG has far better long-term risk management (to deal with the disruption the digital advertising industry is currently facing)</li><li>GOOG has superior return on capital and a more stable moat</li></ul><p>While FB offers superior valuation and potentially double the short-term return potential, it&#39;s a speculative blue-chip currently going through the largest business pivot in the company&#39;s history.</p><p>In contrast, GOOG is a faster-growing Ultra SWAN that is expected to buy back almost $400 billion worth of stock in the next five years, double that of FB.</p><p>Simply put, if you can only buy one of these growth legends today, I recommend Alphabet, and that&#39;s why I have it as a core growth position in my correction plan.</p><p>Not just for the next few weeks, but all of 2022 and beyond.</p><p>Because at the end of the day, when you focus on safety and quality first, and prudent valuation and sound risk-management always, you never have to pray for luck on Wall Street, you make your own.</p><blockquote>Luck is what happens when preparation meets, opportunity.&#34; - Roman philosopher Seneca the younger</blockquote></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet Vs. Meta: One Is The Much Better Buy</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\">\nAlphabet Vs. Meta: One Is The Much Better Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-27 09:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years. Alphabet And Meta Returns Since ...</p>\n\n<a href=\"https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4503":"景林资产持仓","BK4554":"元宇宙及AR概念","BK4566":"资本集团","BK4525":"远程办公概念","BK4508":"社交媒体","BK4548":"巴美列捷福持仓","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股","BK4524":"宅经济概念","BK4551":"寇图资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4077":"互动媒体与服务","BK4573":"虚拟现实"},"source_url":"https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2221071429","content_text":"FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years. Alphabet And Meta Returns Since 2013Portfolio Visualizer PremiumIn fact, both have crushed even the red hot Nasdaq during one of the hottest tech bull runs in US history, delivering Buffett-like 25% returns that resulted in an 8X return.YchartsWhile the market is currently in a correction, and growth stocks have been especially hard hit, Meta has been crushed, falling into a 50% bear market.I've bought both growth legends in this correction, but one is a core growth name in my correction plan, and the other is a non-core holding.So let me explain why both Meta and Alphabet are great companies, worth owning, and even buying more of right now.However, a careful examination of both of their fundamentals makes it clear that Alphabet is the global king of digital marketing, and this is likely to remain the case for the foreseeable future.The Challenge Facing Digital Marketers Right NoweMarketerGOOG, FB, and Amazon (AMZN) have a triopoly on US digital marketing, commanding an estimated 65% of the market.Both GOOG and FB are losing market share to AMZN because Amazon's ads are 3X as effective at converting to actual sales.That's because Amazon has spent decades gathering customer sales data and knows what its customers want better than anyone on earth.Apple's (AAPL) recent privacy shift in iOS, makes it much easier to opt out of data tracking, and 62% of iPhone users have indeed opted out.This has proven a hammer blow to FB, which management says could cost it $10 billion in 2022 alone.GOOG is less at risk since it still has the search data it can use to optimize for targeted ads.AMZN is the least at risk since it relies far less on cookie tracking than its rivals.This kind of business model disruption is part of FB and GOOG's risk profile, which brings us to our first point of comparison.Long-Term Risk Management: Winner AlphabetHow do we quantify, monitor, and track such a complex risk profile? By doing what big institutions do.Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk4 Things You Need To Know To Profit From ESG InvestingWhat Investors Need To Know About Company Long-Term Risk Management (Video)Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.ESG is NOT \"political or personal ethics based investing\"it's total long-term risk management analysisESG is just normal risk by another name.\" Simon MacMahon, head of ESG and corporate governance research, Sustainalytics\" - MorningstarESG factors are taken into consideration, alongside all other credit factors, when we consider they are relevant to and have or may have a material influence on creditworthiness.\" - S&PESG is a measure of risk, not of ethics, political correctness, or personal opinion.S&P, Fitch, Moody's, DBRS (Canadian rating agency), AMBest (insurance rating agency), R&I Credit Rating (Japanese rating agency), and the Japan Credit Rating Agency have been using ESG models in their credit ratings for decades.every credit rating for the last 30 years has included these risk models, you just weren't aware of it credit and risk management ratings make up 41% of the DK safety and quality modeldividend/balance sheet/risk ratings make up 82% of the DK safety and quality modelEvery major financial institution also tracks long-term risk management and considers it essential to sound long-term investing including,BlackRockMSCIJPMorganWells FargoBank of AmericaDeutsche Bankvirtually every major financial institution in the worldWe use six rating agencies to get a consensus risk management percentile, comparing how well a company manages its risk relative to its peers.For context:master list average: 62nd percentiledividend kings: 63rd percentiledividend aristocrats: 67th percentileUltra SWANs: 71st percentileThe better a company's risk management consensus the more likely it will be able to adapt to challenges to its business model, as we're seeing now with GOOG and FB.Meta Long-Term Risk-Management ConsensusRating AgencyIndustry PercentileRating Agency ClassificationMSCI 37 Metric Model26.0%B Industry Laggard, Negative TrendMorningstar/Sustainalytics 20 Metric Model0.7%32.4/100 High-RiskReuters'/Refinitiv 500+ Metric Model88.9%GoodS&P 1,000+ Metric Model18.0%Very Poor- Stable TrendJust Capital 19 Metric Model50.0%AverageFactSet30.0%Below-Average Stable TrendMorningstar Global Percentile30.6%Below-AverageJust Capital Global Percentile25.4%PoorConsensus33.7%Below-Average (verging on poor) - medium risk(Sources: MSCI, Morningstar, Reuters', Just Capital, S&P, FactSet Research)The rating agency consensus is that FB is below-average at managing its risk, verging on poor.Now contrast that with GOOG.Alphabet Long-Term Risk-Management ConsensusRating AgencyIndustry PercentileRating Agency ClassificationMSCI 37 Metric Model53.0%BBB Average, Negative TrendMorningstar/Sustainalytics 20 Metric Model39.7%24.3/100 Medium-RiskReuters'/Refinitiv 500+ Metric Model85.88%GoodS&P 1,000+ Metric Model47.0%Average- Positive TrendJust Capital 19 Metric Model100.00%#1 Industry LeaderFactSet30.0%Below-Average Stable TrendMorningstar Global Percentile60.88Above-AverageJust Capital Global Percentile100%#1 Industry Leader, #1 Company In AmericaConsensus64.6%Above-Average - low risk (Sources: MSCI, Morningstar, Reuters', Just Capital, S&P, FactSet Research)GOOG doesn't just manage its long-term risk better than FB, it's beating FB by 31%.far more likely to successfully deal with privacy policy shifts, regulators, and every other major risk to its business modelAnd risk-management isn't the only factor in which GOOG outshines FB by a wide margin.Overall Quality: Winner, AlphabetThe Dividend King's overall quality scores are based on a 241 point model that includes:dividend safetybalance sheet strengthcredit ratingscredit default swap medium-term bankruptcy risk datashort and long-term bankruptcy riskaccounting and corporate fraud riskprofitability and business modelgrowth consensus estimatesmanagement growth guidancehistorical earnings growth rateshistorical cash flow growth rateshistorical dividend growth rateshistorical sales growth ratescost of capitallong-term risk-management scores from MSCI, Morningstar, FactSet, S&P, Reuters'/Refinitiv, and Just Capitalmanagement qualitydividend friendly corporate culture/income dependabilitylong-term total returns (a Ben Graham sign of quality)analyst consensus long-term return potentialIt actually includes over 1,000 metrics if you count everything factored in by 12 rating agencies we use to assess fundamental risk.credit and risk management ratings make up 41% of the DK safety and quality modeldividend/balance sheet/risk ratings make up 82% of the DK safety and quality modelHow do we know that our safety and quality model works well?During the two worst recessions in 75 years, our safety model predicted 87% of blue-chip dividend cuts during the ultimate baptism by fire for any dividend safety model.That's because we don't miss anything important about a company's fundamental safety and quality.So how do GOOG and FB stack up on one of the world's most comprehensive and accurate safety and quality models?Meta: A Speculative 11/19 Quality Blue-ChipMeta Balance Sheet SafetyRatingDividend Kings Safety Score (151 Point Safety Model)Approximate Dividend Cut Risk (Average Recession)Approximate Dividend Cut Risk In Pandemic Level Recession1 - unsafe0% to 20%over 4%16+%2- below average21% to 40%over 2%8% to 16%3 - average41% to 60%2%4% to 8%4 - safe61% to 80%1%2% to 4%5- very safe81% to 100%0.5%1% to 2%FB100%NANARisk RatingMedium Risk (34th industry percentile risk-management consensus)Effective AAA stable outlook credit rating 0.07% 30-year bankruptcy risk2.5% OR LESS Max Risk Cap Recommendation - speculative, turnaround stockLong-Term DependabilityCompanyDK Long-Term Dependability ScoreInterpretationPointsNon-Dependable Companies21% or belowPoor Dependability1Low Dependability Companies22% to 60%Below-Average Dependability2S&P 500/Industry Average61% (58% to 70% range)Average Dependability3Above-Average71% to 80%Very Dependable4Very Good81% or higherExceptional Dependability5FB67%Average Dependability3Overall QualityFBFinal ScoreRatingSafety100%5/5 very safeBusiness Model100%3/3 wide moatDependability67%3/5 average dependabilityTotal84%11/13 Speculative Blue-ChipRisk Rating2/3 Medium Risk2.5% OR LESS Max Risk Cap Rec - speculative, turnaround stock20% Margin of Safety For A Potentially Good BuyAnd here's GOOG.Alphabet: A 13/13 Quality Ultra SWANAlphabet Balance Sheet SafetyRatingDividend Kings Safety Score (151 Point Safety Model)Approximate Dividend Cut Risk (Average Recession)Approximate Dividend Cut Risk In Pandemic Level Recession1 - unsafe0% to 20%over 4%16+%2- below average21% to 40%over 2%8% to 16%3 - average41% to 60%2%4% to 8%4 - safe61% to 80%1%2% to 4%5- very safe81% to 100%0.5%1% to 2%GOOG100%NANARisk RatingLow Risk (65th industry percentile risk-management consensus)AA+ stable outlook credit rating 0.29% 30-year bankruptcy risk20% OR LESS Max Risk Cap RecommendationLong-Term DependabilityCompanyDK Long-Term Dependability ScoreInterpretationPointsNon-Dependable Companies21% or belowPoor Dependability1Low Dependability Companies22% to 60%Below-Average Dependability2S&P 500/Industry Average61% (58% to 70% range)Average Dependability3Above-Average71% to 80%Very Dependable4Very Good81% or higherExceptional Dependability5GOOG89%Exceptional Dependability5Overall QualityGOOGFinal ScoreRatingSafety100%5/5 very safeBusiness Model100%3/3 wide moatDependability89%5/5 exceptionalTotal95%13/13 Ultra SWANRisk Rating3/3 Low Risk20% OR LESS Max Risk Cap Rec5% Margin of Safety For A Potentially Good BuyMeta: 114th highest quality company on the Masterlist: 78th percentileAlphabet: 39th highest quality: 92nd percentileBoth companies are exceptionally high quality given that our company database is one of the best in the world.The DK 500 Master List includes the world's highest quality companies including:All dividend championsAll dividend aristocratsAll dividend kingsAll global aristocrats (such as BTI, ENB, and NVS)All 13/13 Ultra Swans (as close to perfect quality as exists on Wall Street)48 of the world's best growth stocks (on its way to 100)But when it comes to overall quality, factoring in over 1,000 fundamental metrics, the winner is clearly once more Alphabet.Why is GOOG the hands-down winner in this quality fight with FB?CompanyQuality Rating (out Of 13)Quality Score (Out Of 100)Dividend/Balance Sheet Safety Rating (out of 5)Safety Score (Out Of 100)Dependability Rating (Out Of 5)Dependability Score (out Of 100)Meta Platforms11 Speculative Blue-Chip84%5 Very Safe100%3 average67%Alphabet13 Ultra SWAN95%5 Very Safe100%5 exceptional89%(Source: DK Research Terminal)Both FB and Meta have exceptionally strong balance sheets, making the risk of bankruptcy as close to zero as you can find on Wall Street.Alphabet's Balance Sheet: AA+ Rated By S&PGuruFocus PremiumGOOG has $140 billion in cash and just $13 billion in debt.Its advanced accounting metrics (F, Z, and M-score) are exceptional.F-score is a measure of short-term bankruptcy risk4+ is safe, 7+ very safe and GOOG's is 8M-score is 84% to 92% accurate at forecasting long-term bankruptcies1.81+ is safe, 3+ is very safe and GOOG's is 13.04M-score is 76% accurate at catching accounting fraud, and 82.5% accurate at finding companies with honest accounting-1.78 or lower is safe and GOOG's is -2.48Meta's Balance Sheet: Effectively AAAGuruFocus PremiumThe only \"debt\" Meta has is receivables, it actually carries no long-term debt.That is why it's the largest company on earth that doesn't pay the $500K per year for a credit rating.However, given its current and historical advanced credit metrics, as well as its exceptionally strong solvency ratios (current ratio, quick ratio, and cash ratios), I'm highly confident that it would be AAA-rated.because it's literally not possible for FB to default on debt it doesn't haveCredit Rating30-Year Bankruptcy ProbabilityAAA (Meta)0.07%AA+ (Alphabet)0.29%AA0.51%AA-0.55%A+0.60%A0.66%A-2.5%BBB+5%BBB7.5%BBB-11%BB+14%BB17%BB-21%B+25%B37%B-45%CCC+52%CCC59%CCC-65%CC70%C80%D100%(Sources: S&P, University of St. Petersberg)This means the fundamental risk of losing all your money over the next 30 years buying FB or GOOG today is approximately1 in 1,429 for FB1 in 345 for GOOGAnd both companies' balance sheets are expected to keep getting stronger over time.Alphabet: Consensus $441 Billion In Net Cash By 2027 FactSet Research TerminalMeta: Consensus $71 Billion In Net Cash By 2027FactSet Research TerminalNow let's consider profitability, Wall Street's favorite quality proxy.Profitability: Winner, Meta By A Small AmountMeta Profitability Vs PeersGurufocus PremiumAlphabet Profitability Vs PeersGurufocus PremiumBoth companies are profit-minting machines.YchartsThese are two of the most profitable companies on earth, and their industry-leading profitability has been stable or improving for over a decade, confirming a wide and stable moat.FactSet Research TerminalFB's free cash flow is expected to keep growing and reach $77 billion in 2027.This is expected to result in impressive buybacks in the coming years.$219 billion in consensus buybacks through 202738% of shares at current valuationsFactSet Research TerminalGOOG's annual free cash flow is expected to grow to $139 billion in 2027, allowing it to undertake even more impressive buybacks.$380 billion in consensus buybacks through 202721% of shares at current valuationsNow let's consider one important profitability metric in particular.Return on capital or ROC is Joel Greenblatt's gold standard proxy for quality and moatiness.ROC = pre-tax profit/operating capital (the money it takes to run the business).S&P 500's average in 2021 was 14.6% (average investment pays for itself in 7 years)CompanyROC (Greenblatt)ROC Industry Percentile13-Year Median ROC5-Year ROC Trend (OTC:CAGR)Meta Platforms74%65%95%-16%Alphabet87%67%74%-7%(Source: DK Research Terminal, FactSet)In the past year, GOOG's return on capital was higher than FB's and it's also above its 13-year median indicating a more stable moat.In other words, when it comes to profitability, FB edges out GOOG by a small amount, except in terms of return on capital, where it's once more the winner.Valuation: Winner, MetaCompanyAverage Fair ValueCurrent PriceDiscount To Fair ValueDK RatingPE 2022PEG 2022Meta Platforms$265.75$214.3519.6%Potentially Reasonable Buy17.191.49Alphabet$3,161.89$2,771.9212.3%Potentially Good Buy23.511.67(Source: DK Research Terminal, FactSet)FB is trading at a slightly lower valuation and a higher margin of safety, though not quite high enough for me to consider it a good buy.20% discount is needed to make FB a potentially good buy given its lower quality and risk profileIf we back out cash we see that FB is once more the more undervalued company.FB EV/EBITDA: 9.5GOOG EV/EBITDA: 14.5However, both companies are trading at highly attractive valuations.Company12-Month Consensus Total Return Potential12-Month Fundamentally Justified Upside Total Return PotentialMeta Platforms48.47%23.98%Alphabet25.77%14.11%(Source: DK Research Terminal, FactSet)This is why analysts expect both to deliver very strong returns, though FB potentially much more than GOOG.Of course, what happens in the next year doesn't matter as much as the kind of returns both companies can deliver over the long-term.Long-Term Total Return Potential: Winner, AlphabetCompanyYieldFactSet Long-Term Consensus Growth RateLT Consensus Total Return PotentialRisk-Adjusted Expected ReturnMeta Platforms0.00%11.5%11.5%8.1%Alphabet0.00%14.1%14.1%9.9%(Source: DK Research Terminal, FactSet)GOOG is expected to grow significantly faster than FB over time, resulting in far better long-term returns.Investment StrategyYieldLT Consensus GrowthLT Consensus Total Return PotentialLong-Term Risk-Adjusted Expected ReturnLong-Term Inflation And Risk-Adjusted Expected ReturnsYears To Double Your Inflation & Risk-Adjusted Wealth10 Year Inflation And Risk-Adjusted ReturnEurope2.6%12.8%15.4%10.7%8.6%8.42.27Value2.1%12.1%14.1%9.9%7.7%9.32.10Alphabet0.0%14.1%14.1%9.9%7.7%9.42.10High-Yield2.8%11.3%14.1%9.9%7.7%9.42.10High-Yield + Growth1.7%11.0%12.7%8.9%6.7%10.81.91Safe Midstream + Growth3.3%8.5%11.8%8.3%6.1%11.81.80Meta0.0%11.50%11.5%8.1%5.9%12.31.77Nasdaq (Growth)0.8%10.7%11.5%8.1%5.9%12.31.77Safe Midstream5.5%6.0%11.5%8.1%5.9%12.31.77Dividend Aristocrats2.2%8.9%11.1%7.8%5.6%12.91.72REITs + Growth1.8%8.9%10.6%7.4%5.2%13.71.67S&P 5001.4%8.5%9.9%7.0%4.8%15.11.59Realty Income4.6%5.2%9.8%6.9%4.7%15.41.58Dividend Growth1.6%8.0%9.6%6.7%4.5%15.91.56REITs2.9%6.5%9.4%6.6%4.4%16.41.5460/40 Retirement Portfolio2.1%5.1%7.2%5.1%2.9%24.91.3310-Year US Treasury2.3%0.0%2.3%1.6%-0.5%-131.10.95(Source: Morningstar, FactSet, Ycharts)Both companies are expected to beat the S&P 500 over time, though FB merely to match the Nasdaq while GOOG is expected to run circles around big tech.What kind of difference does 2.6% per year in potential extra returns actually mean for your life?Inflation-Adjusted Consensus Return Forecast: $1,000 Initial InvestmentTime Frame (Years)7.7% CAGR Inflation-Adjusted S&P Consensus11.9% Inflation-Adjusted GOOG Consensus9.3% CAGR Inflation-Adjusted FB ConsensusDifference Between Inflation Adjusted GOOG and FB Consensus Returns5$1,449.03$1,756.06$1,561.34$194.7110$2,099.70$3,083.73$2,437.79$645.9515$3,042.53$5,415.21$3,806.22$1,608.9920$4,408.74$9,509.42$5,942.82$3,566.6025$6,388.41$16,699.08$9,278.77$7,420.3130$9,257.02$29,324.53$14,487.34$14,837.19(Source: Morningstar, FactSet, Ycharts)Both FB and GOOG are likely to generate good returns but GOOG could turn a modest investment today into a potentially small fortune in the coming decades.Time Frame (Years)Ratio Inflation-Adjusted GOOG and FB Consensus51.12101.26151.42201.60251.80302.02(Source: DK Research Terminal, FactSet)In fact, GOOG could potentially double FB's 30-year returns if both companies grow as analysts currently expect.Short & Medium-Term Total Return Potential: TieMeta 2024 Consensus Return Potential FAST Graphs, FactSet ResearchFB growing at 11.5% is worth about 20.5X earnings based on the company's historical PEG ratio.analyst 12-month consensus forecast is for 21.9 PEThis means that if FB grows as expected through 2024 it could deliver about 18% annular returns, far more than the 17% overvalued S&P 500 is likely to generate.What about the next five years?S&P 500 2027 Consensus Return PotentialYearUpside Potential By End of That YearConsensus CAGR Return Potential By End of That YearProbability-Weighted Return (Annualized)Inflation And Risk-Adjusted Expected Returns202734.75%6.15%4.61%1.27%(Source: DK S&P 500 Valuation And Total Return Tool)For context, analysts expect 35% returns from the S&P 500, which adjusted for inflation and risk is 1% compared to the market's historical 6% to 7% real return.Meta 2027 Consensus Return PotentialFAST Graphs, FactSet ResearchFB could more than double your money if it grows as analysts expect over the next five years.3.2X the S&P 500 consensusGOOG 2024 Consensus Return Potential FAST Graphs, FactSet ResearchGOOG could deliver 13% annual returns through 2024 if it grows as expected.In the past GOOG has grown as slowly as 11% and billions of investors still paid 25.7X earnings, meaning that its historical market-fair value multiple of 25 to 26X earnings should still be valid.GOOG 2027 Consensus Return PotentialFAST Graphs, FactSet ResearchThanks to GOOG's faster growth rate analysts expect both companies to potentially deliver identical returns.about 14% annually over the next five yearsalso 3.2X better than the S&P 500Bottom Line: Both Are Great Companies But In The Battle Of Meta And Alphabet There Is One Clear WinnerDividend Kings Automated Investment Decision ToolDividend Kings Automated Investment Decision ToolBoth Alphabet and Meta are wonderful companies, and as close to perfect growth blue-chip opportunities as you can find on Wall Street right now.far superior valuationsuperior qualitysuperior long-term return potential to the S&P 500However, when we examine both companies in their entirety one fact is clear.GOOG is a higher quality companyGOOG is a faster-growing company (with potentially 2X better long-term return potential than FB)GOOG has far better long-term risk management (to deal with the disruption the digital advertising industry is currently facing)GOOG has superior return on capital and a more stable moatWhile FB offers superior valuation and potentially double the short-term return potential, it's a speculative blue-chip currently going through the largest business pivot in the company's history.In contrast, GOOG is a faster-growing Ultra SWAN that is expected to buy back almost $400 billion worth of stock in the next five years, double that of FB.Simply put, if you can only buy one of these growth legends today, I recommend Alphabet, and that's why I have it as a core growth position in my correction plan.Not just for the next few weeks, but all of 2022 and beyond.Because at the end of the day, when you focus on safety and quality first, and prudent valuation and sound risk-management always, you never have to pray for luck on Wall Street, you make your own.Luck is what happens when preparation meets, opportunity.\" - Roman philosopher Seneca the younger","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985910675,"gmtCreate":1667289502597,"gmtModify":1676537892197,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9985910675","repostId":"1126523480","repostType":4,"repost":{"id":"1126523480","kind":"news","pubTimestamp":1667316374,"share":"https://ttm.financial/m/news/1126523480?lang=&edition=fundamental","pubTime":"2022-11-01 23:26","market":"us","language":"en","title":"What History Says Happens Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1126523480","media":"Barron's","summary":"History suggests that the Nasdaq’s underperformance can continue. The Dow beat the Nasdaq by at least seven percentage points in 1978, 1980, and 1992, but most months of Dow dominance came during the ","content":"<html><head></head><body><blockquote>History suggests that the Nasdaq’s underperformance can continue. The Dow beat the Nasdaq by at least seven percentage points in 1978, 1980, and 1992, but most months of Dow dominance came during the popping of the dot-com bubble—a total of 12 from 1999 through 2002.</blockquote><p>There’s nothing worse than kicking someone when they’re down—but sometimes it needs to be done. That’s the case with the Nasdaq Composite, which is on pace to lag behind the Dow Jones Industrial Average in October by the most in any one month since 2002, and could keep bringing up the rear.</p><p>There’s no denying that the stock market did very well last week. The Dow gained 5.7%, while the S&amp;P 500SPX –0.75%  rose 4%, and the Nasdaq advanced 2.2%. It was the Dow’s fourth consecutive week of gains.</p><p>And what a four weeks it has been. The Dow has jumped 13.95% in October and is on pace for its best month since January 1976, when the blue-chip benchmark surged 14.41%. The other indexes have fallen short of those gains: The Russell 2000 has climbed 11%, the S&amp;P 500 has gained 7.99%, and the Nasdaq Composite has risen a paltry 3.9%.</p><p>That kind of outperformance by the Dow against the Nasdaq doesn’t happen very often. The Dow has outperformed the Nasdaq by more than nine percentage points this month, the most since February 2002, when it outperformed by 12.35 percentage points, and the seventh-largest monthly gap in 45 years. Monday’s losses--the Dow is off</p><p><img src=\"https://static.tigerbbs.com/d4fbd68c44d4e2e8f47f8a6fe6970f90\" tg-width=\"768\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/></p><p>Blame the Nasdaq’s underperformance on its biggest stocks. This past week saw <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> shed 24% of its value, while <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> dropped 4.8%, <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> fell 13%, and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> slid 2.6%, all after reporting earnings. Only <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, which rose 5.8% after reporting its results, finished the week higher, though it is down 1.1% on Monday.</p><p>“This really is the first time in 20 years that investors in technology have had their assumptions of effortless outperformance challenged to this degree,” writes Michael Shaoul, CEO of Marketfield Asset Management.</p><p>History suggests that the Nasdaq’s underperformance can continue. The Dow beat the Nasdaq by at least seven percentage points in 1978, 1980, and 1992, but most months of Dow dominance came during the popping of the dot-com bubble—a total of 12 from 1999 through 2002. Following one-offs in 1978, 1980, and 1992, the S&amp;P 500 went on to rally by an average of 9.5% over the next six months. During the dot-com bust, the S&amp;P 500 averaged a 9.9% decline following a month of Dow dominance.</p><p>The truth may be somewhere in between. Marta Norton, chief investment officer for the Americas at Morningstar Investment Management, says euphoria around tech resembles the dot-com boom, but just the fact that we call it Big Tech suggests a major difference in quality between now and then. Unfortunately, many of these stocks still look expensive. “We want to buy them,” Norton says. “But we want to buy them when they’re cheap, and not before then.”</p></body></html>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What History Says Happens Next</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\">\nWhat History Says Happens Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-01 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-dow-nasdaq-dot-com-bubble-51667004324?mod=hp_LEAD_1_B_2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>History suggests that the Nasdaq’s underperformance can continue. The Dow beat the Nasdaq by at least seven percentage points in 1978, 1980, and 1992, but most months of Dow dominance came during the ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-dow-nasdaq-dot-com-bubble-51667004324?mod=hp_LEAD_1_B_2\">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",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stock-market-dow-nasdaq-dot-com-bubble-51667004324?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126523480","content_text":"History suggests that the Nasdaq’s underperformance can continue. The Dow beat the Nasdaq by at least seven percentage points in 1978, 1980, and 1992, but most months of Dow dominance came during the popping of the dot-com bubble—a total of 12 from 1999 through 2002.There’s nothing worse than kicking someone when they’re down—but sometimes it needs to be done. That’s the case with the Nasdaq Composite, which is on pace to lag behind the Dow Jones Industrial Average in October by the most in any one month since 2002, and could keep bringing up the rear.There’s no denying that the stock market did very well last week. The Dow gained 5.7%, while the S&P 500SPX –0.75%  rose 4%, and the Nasdaq advanced 2.2%. It was the Dow’s fourth consecutive week of gains.And what a four weeks it has been. The Dow has jumped 13.95% in October and is on pace for its best month since January 1976, when the blue-chip benchmark surged 14.41%. The other indexes have fallen short of those gains: The Russell 2000 has climbed 11%, the S&P 500 has gained 7.99%, and the Nasdaq Composite has risen a paltry 3.9%.That kind of outperformance by the Dow against the Nasdaq doesn’t happen very often. The Dow has outperformed the Nasdaq by more than nine percentage points this month, the most since February 2002, when it outperformed by 12.35 percentage points, and the seventh-largest monthly gap in 45 years. Monday’s losses--the Dow is offBlame the Nasdaq’s underperformance on its biggest stocks. This past week saw Meta Platforms shed 24% of its value, while Alphabet dropped 4.8%, Amazon.com fell 13%, and Microsoft slid 2.6%, all after reporting earnings. Only Apple, which rose 5.8% after reporting its results, finished the week higher, though it is down 1.1% on Monday.“This really is the first time in 20 years that investors in technology have had their assumptions of effortless outperformance challenged to this degree,” writes Michael Shaoul, CEO of Marketfield Asset Management.History suggests that the Nasdaq’s underperformance can continue. The Dow beat the Nasdaq by at least seven percentage points in 1978, 1980, and 1992, but most months of Dow dominance came during the popping of the dot-com bubble—a total of 12 from 1999 through 2002. Following one-offs in 1978, 1980, and 1992, the S&P 500 went on to rally by an average of 9.5% over the next six months. During the dot-com bust, the S&P 500 averaged a 9.9% decline following a month of Dow dominance.The truth may be somewhere in between. Marta Norton, chief investment officer for the Americas at Morningstar Investment Management, says euphoria around tech resembles the dot-com boom, but just the fact that we call it Big Tech suggests a major difference in quality between now and then. Unfortunately, many of these stocks still look expensive. “We want to buy them,” Norton says. “But we want to buy them when they’re cheap, and not before then.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914973494,"gmtCreate":1665182324718,"gmtModify":1676537567645,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9914973494","repostId":"2273816362","repostType":4,"repost":{"id":"2273816362","kind":"highlight","pubTimestamp":1665156353,"share":"https://ttm.financial/m/news/2273816362?lang=&edition=fundamental","pubTime":"2022-10-07 23:25","market":"us","language":"en","title":"Is Now the Right Time to Buy Netflix Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2273816362","media":"Motley Fool","summary":"The leading streaming service is up 28% in the past three months.","content":"<html><head></head><body><p>We&#39;re slightly more than nine months into 2022, and <b>Netflix</b> shares are down 62% for the year. For a stock that produced a remarkable return of 6,000% from the start of 2012 through the end of 2021, this is a rude awakening.</p><p>The streaming industry is becoming hyper-competitive, a fact that management can no longer ignore. What&#39;s more, Netflix itself is undergoing a major strategic shift in an effort to spur growth once again. Should investors buy the top streaming stock today? Let&#39;s take a closer look.</p><h2>Recent troubles</h2><p>Netflix has had a rough time in 2022, losing a combined 1.2 million subscribers in the first six months of the year. This is a far cry from the massive customer additions investors have become used to seeing in recent years. And unsurprisingly, revenue growth has dramatically slowed. Sales of $8 billion in the second quarter were up just 8.6% year over year, the slowest pace in at least the last nine years.</p><p>I really think this shift comes down to one key factor: the intense competition for consumers&#39; eyeballs. With a seemingly unlimited number of streaming options on the market, Netflix is no longer the only game in town -- not to mention all of the other entertainment choices people have that don&#39;t involve staring at a screen.</p><p>The company is set to announce Q3 financial results on Tuesday, Oct. 18. Management expects the business to increase revenue by 4.7% year over year, and forecasts 1 million net new subscribers. A strong showing will certainly support a higher stock price.</p><h2>Growth outlook</h2><p>Despite recent headwinds, Netflix&#39;s global opportunity is still massive. There are currently roughly 800 million broadband households worldwide (excluding China, where Netflix isn&#39;t offered), a figure that can be viewed as Netflix&#39;s total addressable market. With 221 million subscribers today, there&#39;s still a large growth opportunity ahead.</p><p>It&#39;s starting to look like Netflix&#39;s most mature markets, the U.S. and Canada, are saturated, as these two countries lost a combined 1.9 million members over the past two quarters. Therefore, international markets will be the key driver when it comes to attracting more customers. The Asia-Pacific region, in particular, is the fastest growing segment for Netflix, adding almost 7 million subscribers over the last four quarters.</p><p>To boost the company&#39;s prospects, management earlier this year announced plans to introduce a cheaper, ad-supported subscription tier. Reed Hastings, Netflix&#39;s co-founder and co-CEO, long rejected this idea because he thought it would damage the brand and consumer experience. But with growth hitting a wall, and heightened competition in the industry, this seems like a no-brainer strategic move.</p><p>The company believes that some 40 million accounts will be signed up for this option by the end of Q3 2023. But undoubtedly, some customers who pay for the ad-free version will move over to the lower-cost option, making it hard to pinpoint the incremental revenue opportunity. Partnering with tech giant <b>Microsoft</b> on this endeavor, Netflix will make its ad-based subscription option available in select markets starting in November.</p><p>It&#39;s also worth mentioning Netflix&#39;s gaming push. While the company wants to bring more games to market in order to raise the value proposition of being a Netflix subscriber, and has purchased multiple studios to help this initiative, gaming hasn&#39;t moved the financial needle just yet.</p><h2>Current valuation</h2><p>After hitting an all-time high closing price of $692 last November, Netflix shares are down 67%. And as a result, the stock is currently trading hands at a price-to-earnings ratio of under 21, which is about as cheap as it has been at any point over the past decade. This simple metric signals an attractive entry price.</p><p>However, looking at Netflix&#39;s earnings might not be the right approach to valuation. This is because the company spends huge amounts of cash on content -- more than $17 billion in 2021 -- rendering accounting profits essentially meaningless. Therefore, the price-to-sales (P/S) multiple might be more appropriate in this situation. Currently, the P/S ratio stands at 3.4, about half the trailing 10-year average. Again, this shows us that Netflix stock is cheap by historical measures.</p><p>It certainly looks like the monster growth that investors have expecting from Netflix over the past decade is coming to an end. But that doesn&#39;t mean it&#39;s time to abandon the stock. In fact, the business, which has long been a cash-burning machine, is on the cusp of generating sustainable positive free cash flow, starting with this year. Add this to an undemanding valuation, and investors should consider buying shares in the streaming pioneer now.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Now the Right Time to Buy Netflix 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\">\nIs Now the Right Time to Buy Netflix Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-07 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/07/is-now-the-right-time-to-buy-netflix-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We're slightly more than nine months into 2022, and Netflix shares are down 62% for the year. For a stock that produced a remarkable return of 6,000% from the start of 2012 through the end of 2021, ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/07/is-now-the-right-time-to-buy-netflix-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2022/10/07/is-now-the-right-time-to-buy-netflix-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273816362","content_text":"We're slightly more than nine months into 2022, and Netflix shares are down 62% for the year. For a stock that produced a remarkable return of 6,000% from the start of 2012 through the end of 2021, this is a rude awakening.The streaming industry is becoming hyper-competitive, a fact that management can no longer ignore. What's more, Netflix itself is undergoing a major strategic shift in an effort to spur growth once again. Should investors buy the top streaming stock today? Let's take a closer look.Recent troublesNetflix has had a rough time in 2022, losing a combined 1.2 million subscribers in the first six months of the year. This is a far cry from the massive customer additions investors have become used to seeing in recent years. And unsurprisingly, revenue growth has dramatically slowed. Sales of $8 billion in the second quarter were up just 8.6% year over year, the slowest pace in at least the last nine years.I really think this shift comes down to one key factor: the intense competition for consumers' eyeballs. With a seemingly unlimited number of streaming options on the market, Netflix is no longer the only game in town -- not to mention all of the other entertainment choices people have that don't involve staring at a screen.The company is set to announce Q3 financial results on Tuesday, Oct. 18. Management expects the business to increase revenue by 4.7% year over year, and forecasts 1 million net new subscribers. A strong showing will certainly support a higher stock price.Growth outlookDespite recent headwinds, Netflix's global opportunity is still massive. There are currently roughly 800 million broadband households worldwide (excluding China, where Netflix isn't offered), a figure that can be viewed as Netflix's total addressable market. With 221 million subscribers today, there's still a large growth opportunity ahead.It's starting to look like Netflix's most mature markets, the U.S. and Canada, are saturated, as these two countries lost a combined 1.9 million members over the past two quarters. Therefore, international markets will be the key driver when it comes to attracting more customers. The Asia-Pacific region, in particular, is the fastest growing segment for Netflix, adding almost 7 million subscribers over the last four quarters.To boost the company's prospects, management earlier this year announced plans to introduce a cheaper, ad-supported subscription tier. Reed Hastings, Netflix's co-founder and co-CEO, long rejected this idea because he thought it would damage the brand and consumer experience. But with growth hitting a wall, and heightened competition in the industry, this seems like a no-brainer strategic move.The company believes that some 40 million accounts will be signed up for this option by the end of Q3 2023. But undoubtedly, some customers who pay for the ad-free version will move over to the lower-cost option, making it hard to pinpoint the incremental revenue opportunity. Partnering with tech giant Microsoft on this endeavor, Netflix will make its ad-based subscription option available in select markets starting in November.It's also worth mentioning Netflix's gaming push. While the company wants to bring more games to market in order to raise the value proposition of being a Netflix subscriber, and has purchased multiple studios to help this initiative, gaming hasn't moved the financial needle just yet.Current valuationAfter hitting an all-time high closing price of $692 last November, Netflix shares are down 67%. And as a result, the stock is currently trading hands at a price-to-earnings ratio of under 21, which is about as cheap as it has been at any point over the past decade. This simple metric signals an attractive entry price.However, looking at Netflix's earnings might not be the right approach to valuation. This is because the company spends huge amounts of cash on content -- more than $17 billion in 2021 -- rendering accounting profits essentially meaningless. Therefore, the price-to-sales (P/S) multiple might be more appropriate in this situation. Currently, the P/S ratio stands at 3.4, about half the trailing 10-year average. Again, this shows us that Netflix stock is cheap by historical measures.It certainly looks like the monster growth that investors have expecting from Netflix over the past decade is coming to an end. But that doesn't mean it's time to abandon the stock. In fact, the business, which has long been a cash-burning machine, is on the cusp of generating sustainable positive free cash flow, starting with this year. Add this to an undemanding valuation, and investors should consider buying shares in the streaming pioneer now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996578881,"gmtCreate":1661208310845,"gmtModify":1676536471632,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996578881","repostId":"2261515445","repostType":4,"repost":{"id":"2261515445","kind":"highlight","pubTimestamp":1661177189,"share":"https://ttm.financial/m/news/2261515445?lang=&edition=fundamental","pubTime":"2022-08-22 22:06","market":"us","language":"en","title":"Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2261515445","media":"Motley Fool","summary":"Tesla's stock split will take place after the close of trading on Aug. 24, but don't expect to wake up to riches overnight.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Tesla shareholders voted in favor of a 3-for-1 stock split at the company&#39;s annual meeting on Aug. 4.</li><li>Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.</li><li>The shares will trade at a split-adjusted price on Aug. 25.</li></ul><p><b>Tesla</b> is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company&#39;s annual meeting this month.</p><p>If you&#39;re confused about stock splits, below is a breakdown of how they work, so you can set your expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae15e6e1d3574d71df0833be714bce02\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Stock splits are taking over headlines in 2022</b></p><p>Large tech companies have been dominating stock-split news this year. <b>Amazon</b> pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant <b>Shopify</b> completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, <b>Alphabet</b>, wrapped up a 20-for-1 stock split on July 15.</p><p>Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven&#39;t been following Tesla this year, here&#39;s a look at the company&#39;s stock-split timeline.</p><ul><li><b>March 28, 2022:</b> Tesla informed the SEC about its stock-split intentions via Form 8-K.</li><li><b>June 6, 2022:</b> If you were a shareholder as of close of business on this date, you received an invitation to Tesla&#39;s annual shareholders meeting.</li><li><b>June 10, 2022:</b> Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.</li><li><b>Aug. 4, 2022:</b> Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.</li><li><b>Aug. 17, 2022:</b> Stockholders of record on this date will receive two new shares for every one share they own.</li><li><b>Aug. 24, 2022:</b> The stock split will take place after the close of trading on this date.</li><li><b>Aug. 25, 2022:</b> Tesla shares will trade at a split-adjusted price on this date.</li></ul><p>As you can see, a stock split doesn&#39;t happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.</p><p><b>What happens when a stock splits?</b></p><p>A stock split may be popular, but that doesn&#39;t mean it&#39;s profitable. A stock split in itself won&#39;t make a company&#39;s market capitalization rise or change its intrinsic value. But it does increase the number of a company&#39;s outstanding shares. You&#39;ll notice more shares of a company stock in your account, but the overall value of your shares won&#39;t change. That&#39;s why a stock split is not a taxable event in itself. It doesn&#39;t leave you with more money in your pockets.</p><p>Let&#39;s dive into Tesla&#39;s stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.</p><p>If you own five shares of Tesla, you&#39;ll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you&#39;ll have 30 shares later. If you own fractional shares, you&#39;ll still have a chance to participate in the stock split. You&#39;ll just have to do the math to see how your fractional shares will multiply after the stock split.</p><p>You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it&#39;s easier to consume.</p><p>A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.</p><p><b>Is a stock split a positive sign for a company?</b></p><p>A stock split helps make a stock with a high price tag more affordable to retail investors. But that&#39;s not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.</p><p>Although stock splits sound fancy, they are more of a cosmetic change. It doesn&#39;t determine the long-term potential of a company. Don&#39;t fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management&#39;s leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders</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\">\nHere's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/\">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/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261515445","content_text":"KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.The shares will trade at a split-adjusted price on Aug. 25.Tesla is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company's annual meeting this month.If you're confused about stock splits, below is a breakdown of how they work, so you can set your expectations.Image source: Getty Images.Stock splits are taking over headlines in 2022Large tech companies have been dominating stock-split news this year. Amazon pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant Shopify completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, Alphabet, wrapped up a 20-for-1 stock split on July 15.Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven't been following Tesla this year, here's a look at the company's stock-split timeline.March 28, 2022: Tesla informed the SEC about its stock-split intentions via Form 8-K.June 6, 2022: If you were a shareholder as of close of business on this date, you received an invitation to Tesla's annual shareholders meeting.June 10, 2022: Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.Aug. 4, 2022: Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.Aug. 17, 2022: Stockholders of record on this date will receive two new shares for every one share they own.Aug. 24, 2022: The stock split will take place after the close of trading on this date.Aug. 25, 2022: Tesla shares will trade at a split-adjusted price on this date.As you can see, a stock split doesn't happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.What happens when a stock splits?A stock split may be popular, but that doesn't mean it's profitable. A stock split in itself won't make a company's market capitalization rise or change its intrinsic value. But it does increase the number of a company's outstanding shares. You'll notice more shares of a company stock in your account, but the overall value of your shares won't change. That's why a stock split is not a taxable event in itself. It doesn't leave you with more money in your pockets.Let's dive into Tesla's stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.If you own five shares of Tesla, you'll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you'll have 30 shares later. If you own fractional shares, you'll still have a chance to participate in the stock split. You'll just have to do the math to see how your fractional shares will multiply after the stock split.You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it's easier to consume.A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.Is a stock split a positive sign for a company?A stock split helps make a stock with a high price tag more affordable to retail investors. But that's not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.Although stock splits sound fancy, they are more of a cosmetic change. It doesn't determine the long-term potential of a company. Don't fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management's leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}