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SKC78
2023-07-27
$IFAST CORPORATION LTD.(AIY.SI)$
SKC78
2021-08-25
Can’t buy
SKC78
2021-06-23
Omg ? bottomless pit
SKC78
2021-06-18
Oh no …. my holdings are in red
Sorry, the original content has been removed
SKC78
2021-06-11
Oh my god
SKC78
2021-05-26
We shall see... not forgetting other big n established brands
Sorry, the original content has been removed
SKC78
2021-05-17
Good!
@bluewhale:
$Sundial Growers Inc.(SNDL)$
finally going up[財迷]
SKC78
2021-05-13
$High Tide Inc.(HITIF)$
So many stocks cannot buy... what happen?
SKC78
2021-05-13
$High Tide Inc.(HITIF)$
Cannot buy again. So many stocks cannot buy. What happen??
SKC78
2021-05-06
$iBio(IBIO)$
Hold on n wait for it to rebound
SKC78
2021-05-05
?
Dogecoin is having a moment as prices breach 50 cent ahead of Elon Musk's 'SNL' debut
SKC78
2021-05-02
$Healthier Choices Management Corp.(HCMC)$
Going up to the ?
SKC78
2021-04-15
I think is too high
AppLovin: Capitalizing On The Surging Growth Of Mobile Game Apps
SKC78
2021-03-24
Cab consider buy n keep for long term
Sorry, the original content has been removed
SKC78
2021-03-10
hold tight n aim high
SKC78
2021-03-04
Omg
U.S. stocks slip as economic data disappoints and bond yields spike
SKC78
2021-03-02
Ok
U.S. stocks edge up at Tuesday's open; Dow up 0.13%
SKC78
2021-03-01
?
Sorry, the original content has been removed
SKC78
2021-03-01
?
Sorry, the original content has been removed
Go to Tiger App to see more news
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happen?","listText":"<a href=\"https://laohu8.com/S/HITIF\">$High Tide Inc.(HITIF)$</a>So many stocks cannot buy... what happen?","text":"$High Tide Inc.(HITIF)$So many stocks cannot buy... what happen?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198012592","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198011572,"gmtCreate":1620913530696,"gmtModify":1704350368320,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HITIF\">$High Tide Inc.(HITIF)$</a>Cannot buy again. So many stocks cannot buy. What happen??","listText":"<a href=\"https://laohu8.com/S/HITIF\">$High Tide Inc.(HITIF)$</a>Cannot buy again. So many stocks cannot buy. What happen??","text":"$High Tide Inc.(HITIF)$Cannot buy again. So many stocks cannot buy. What happen??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/198011572","isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105574989,"gmtCreate":1620313630741,"gmtModify":1704341875890,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/IBIO\">$iBio(IBIO)$</a>Hold on n wait for it to rebound ","listText":"<a href=\"https://laohu8.com/S/IBIO\">$iBio(IBIO)$</a>Hold on n wait for it to rebound ","text":"$iBio(IBIO)$Hold on n wait for it to rebound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105574989","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102030820,"gmtCreate":1620166371660,"gmtModify":1704339457971,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"? ","listText":"? ","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102030820","repostId":"2132510298","repostType":2,"repost":{"id":"2132510298","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":1620137100,"share":"https://ttm.financial/m/news/2132510298?lang=&edition=fundamental","pubTime":"2021-05-04 22:05","market":"us","language":"en","title":"Dogecoin is having a moment as prices breach 50 cent ahead of Elon Musk's 'SNL' debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2132510298","media":"Dow Jones","summary":"The drive to $1 remains alive for staunch supporters of the crypto. Dogecoin prices are making a fresh run again, pushing the popular crypto to an all-time high above 50 cents, as enthusiasm for the hottest digital asset on the planet refuses to abate.At last check, dogecoin prices were at 54 cents, up 37%, driving the virtual currency to a market value at around $70 billion, according to CoinDesk and CoinMarketCap.com.So far this year, dogecoin has soared a mind-numbing 10,694% in the first fi","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Dogecoin is having a moment as prices breach 50 cent ahead of Elon Musk's 'SNL' debut\n</p>\n<p>\n By Mark DeCambre \n</p>\n<p>\n The drive to $1 remains alive for staunch supporters of the crypto \n</p>\n<p>\n Dogecoin prices are making a fresh run again, pushing the popular crypto to an all-time high above 50 cents, as enthusiasm for the hottest digital asset on the planet refuses to abate. \n</p>\n<p>\n At last check, dogecoin prices were at 54 cents, up 37%, driving the virtual currency to a market value at around $70 billion, according to CoinDesk and CoinMarketCap.com. \n</p>\n<p>\n So far this year, dogecoin has soared a mind-numbing 10,694% in the first five months of the year alone. \n</p>\n<p>\n Put another way, $1,000 Invested in dogecoin at the start of the year would be worth nearly $100,000, based on MarketWatch's calculation of a starting price of 0.005405 cent for dogecoin at the start of 2021 and its current trading price. \n</p>\n<p>\n Doge's rally got started on the back and SpaceX Chief Executive Elon Musk. \n</p>\n<p>\n Musk will host \"Saturday Night Live\" this weekend, which has already drawn cheers and jeers for the technologist. However, dogecoin may be drawing some support from <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest boosters of the asset that competes with bitcoin and other digital assets. \n</p>\n<p>\n Perhaps adding some support to dogecoin's rally, crypto exchange Gemini announced trading and custody support for the coin. Trading platform eToro also made dogecoin available for trading on its platform. \n</p>\n<p>\n <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> weeks ago, fans of dogecoin, which was created as a parody coin in 2013, aimed to push the value of the surging crypto to $1 on April 20, which came to be known as \"Doge day .\" And though that drive ended up petering out, investors in the crypto have remained enthusiastic about its prospects. \n</p>\n<p>\n That is despite criticisms that dogecoin, pronounced \"d j-coin,\" has limited utility compared with other decentralized cryptographic assets, including bitcoin. \n</p>\n<p>\n CoinDesk data show dogecoin briefly hitting a 24-hour high at around 58 cents, minting a number of millionaires on paper . By comparison, gold futures are down 5% so far this year, the Dow Jones Industrial Average and the S&P 500 index are both up over 10% in 2021, while the Nasdaq Composite Index is up 6%. \n</p>\n<p>\n -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n May 04, 2021 10:05 ET (14:05 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></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>Dogecoin is having a moment as prices breach 50 cent ahead of Elon Musk's 'SNL' debut</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\">\nDogecoin is having a moment as prices breach 50 cent ahead of Elon Musk's 'SNL' debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-04 22:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Dogecoin is having a moment as prices breach 50 cent ahead of Elon Musk's 'SNL' debut\n</p>\n<p>\n By Mark DeCambre \n</p>\n<p>\n The drive to $1 remains alive for staunch supporters of the crypto \n</p>\n<p>\n Dogecoin prices are making a fresh run again, pushing the popular crypto to an all-time high above 50 cents, as enthusiasm for the hottest digital asset on the planet refuses to abate. \n</p>\n<p>\n At last check, dogecoin prices were at 54 cents, up 37%, driving the virtual currency to a market value at around $70 billion, according to CoinDesk and CoinMarketCap.com. \n</p>\n<p>\n So far this year, dogecoin has soared a mind-numbing 10,694% in the first five months of the year alone. \n</p>\n<p>\n Put another way, $1,000 Invested in dogecoin at the start of the year would be worth nearly $100,000, based on MarketWatch's calculation of a starting price of 0.005405 cent for dogecoin at the start of 2021 and its current trading price. \n</p>\n<p>\n Doge's rally got started on the back and SpaceX Chief Executive Elon Musk. \n</p>\n<p>\n Musk will host \"Saturday Night Live\" this weekend, which has already drawn cheers and jeers for the technologist. However, dogecoin may be drawing some support from <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest boosters of the asset that competes with bitcoin and other digital assets. \n</p>\n<p>\n Perhaps adding some support to dogecoin's rally, crypto exchange Gemini announced trading and custody support for the coin. Trading platform eToro also made dogecoin available for trading on its platform. \n</p>\n<p>\n <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> weeks ago, fans of dogecoin, which was created as a parody coin in 2013, aimed to push the value of the surging crypto to $1 on April 20, which came to be known as \"Doge day .\" And though that drive ended up petering out, investors in the crypto have remained enthusiastic about its prospects. \n</p>\n<p>\n That is despite criticisms that dogecoin, pronounced \"d j-coin,\" has limited utility compared with other decentralized cryptographic assets, including bitcoin. \n</p>\n<p>\n CoinDesk data show dogecoin briefly hitting a 24-hour high at around 58 cents, minting a number of millionaires on paper . By comparison, gold futures are down 5% so far this year, the Dow Jones Industrial Average and the S&P 500 index are both up over 10% in 2021, while the Nasdaq Composite Index is up 6%. \n</p>\n<p>\n -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n May 04, 2021 10:05 ET (14:05 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132510298","content_text":"MW Dogecoin is having a moment as prices breach 50 cent ahead of Elon Musk's 'SNL' debut\n\n\n By Mark DeCambre \n\n\n The drive to $1 remains alive for staunch supporters of the crypto \n\n\n Dogecoin prices are making a fresh run again, pushing the popular crypto to an all-time high above 50 cents, as enthusiasm for the hottest digital asset on the planet refuses to abate. \n\n\n At last check, dogecoin prices were at 54 cents, up 37%, driving the virtual currency to a market value at around $70 billion, according to CoinDesk and CoinMarketCap.com. \n\n\n So far this year, dogecoin has soared a mind-numbing 10,694% in the first five months of the year alone. \n\n\n Put another way, $1,000 Invested in dogecoin at the start of the year would be worth nearly $100,000, based on MarketWatch's calculation of a starting price of 0.005405 cent for dogecoin at the start of 2021 and its current trading price. \n\n\n Doge's rally got started on the back and SpaceX Chief Executive Elon Musk. \n\n\n Musk will host \"Saturday Night Live\" this weekend, which has already drawn cheers and jeers for the technologist. However, dogecoin may be drawing some support from one of the biggest boosters of the asset that competes with bitcoin and other digital assets. \n\n\n Perhaps adding some support to dogecoin's rally, crypto exchange Gemini announced trading and custody support for the coin. Trading platform eToro also made dogecoin available for trading on its platform. \n\n\nTwo weeks ago, fans of dogecoin, which was created as a parody coin in 2013, aimed to push the value of the surging crypto to $1 on April 20, which came to be known as \"Doge day .\" And though that drive ended up petering out, investors in the crypto have remained enthusiastic about its prospects. \n\n\n That is despite criticisms that dogecoin, pronounced \"d j-coin,\" has limited utility compared with other decentralized cryptographic assets, including bitcoin. \n\n\n CoinDesk data show dogecoin briefly hitting a 24-hour high at around 58 cents, minting a number of millionaires on paper . By comparison, gold futures are down 5% so far this year, the Dow Jones Industrial Average and the S&P 500 index are both up over 10% in 2021, while the Nasdaq Composite Index is up 6%. \n\n\n -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n May 04, 2021 10:05 ET (14:05 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108016213,"gmtCreate":1619960021232,"gmtModify":1704336783866,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HCMC\">$Healthier Choices Management Corp.(HCMC)$</a>Going up to the ? ","listText":"<a href=\"https://laohu8.com/S/HCMC\">$Healthier Choices Management Corp.(HCMC)$</a>Going up to the ? ","text":"$Healthier Choices Management Corp.(HCMC)$Going up to the ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108016213","isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347518805,"gmtCreate":1618501017607,"gmtModify":1704711940358,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"I think is too high ","listText":"I think is too high ","text":"I think is too high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347518805","repostId":"1125635474","repostType":4,"repost":{"id":"1125635474","pubTimestamp":1618295945,"share":"https://ttm.financial/m/news/1125635474?lang=&edition=fundamental","pubTime":"2021-04-13 14:39","market":"us","language":"en","title":"AppLovin: Capitalizing On The Surging Growth Of Mobile Game Apps","url":"https://stock-news.laohu8.com/highlight/detail?id=1125635474","media":"seekingalpha","summary":"SummaryAppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 mil","content":"<p><b>Summary</b></p><ul><li>AppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 million shares.</li><li>At the high end of the IPO price range, the company is aiming to raise $2.1 billion, and it would be valued at $30.4 billion.</li><li>Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8.</li><li>The company has been a key beneficiary of the surging growth of popular game apps.</li><li>Despite strong sales growth, its operating margins worsened in 2020 due to higher operating expenses.</li></ul><p><b>Investment Thesis</b></p><p>AppLovin<a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a> is one of the key beneficiaries of the exploding demand for mobile apps, especially for mobile games. The company's sales growth has been surging in recent years as the company has benefited from both organic growth and has been aggressive in making numerous acquisitions in the past three years.</p><p>Most developers lack access to the marketing, monetization, and data analytics tools required to stand out among the more than 4.8 million mobile apps available on the Apple App Store(NASDAQ:AAPL)and Google Play Store(NASDAQ:GOOG)(NASDAQ:GOOGL). The company's products and services help many app developers to scale up their business and create a successful app that can be sustained long term. This is where the company's capabilities in app development, marketing, and analytics really stand out.</p><p>There are more than 1.3 million mobile gaming apps on the Apple App Store and Google Play Store.Mobile gamingaccounts for 39% of worldwide app downloads and for 72% of all app store consumer spend by value, according to Sensor Tower.</p><p>Although the company's operating margins declined in the past two years mainly due to higher operating expenses, we believe that the company's profit margins will turn around this year due to a combination of higher economies of scale and lower operating expenses as a percentage of revenues.</p><p><b>Comparable Companies Valuation Analysis</b></p><p>In the comparable companies valuation analysis, we used the following companies as comps to AppLovin:</p><ul><li>Unity Software (U)</li><li>Roblox Corp. (RBLX)</li><li>Activision Blizzard (ATVI)</li><li>Zynga (ZNGA)</li></ul><p>Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and implied target price per share of $99.8. This represents 17% upside from the high end of the IPO price range of $85. We have a POSITIVE view of the AppLovin IPO.</p><p>Our base case valuation of AppLovin is based on a 16x EV/S multiple (using 2021 sales estimate), which represents a 10% higher than the average EV/S multiple of the comps. It is also below the EV/S multiple of Unity Software and Roblox which trade at EV/S multiple of 26.8x and 19.2x, respectively.</p><p>The comps' average sales growth in 2020 and 2021 are similar to the sales growth rates of AppLovin in this period. Among the comps, Roblox has the highest sales growth and Activision has the lowest sales growth in 2020 and 2021. Overall, we have assumed higher sales growth for AppLovin versus its peers in 2021 and 2022 and this is one of main reasons why we have applied a 10% higher valuation multiple than the comps.</p><p>However, Roblox is trading at 19.2x EV/S in 2021 and we have applied a 16x EV/S multiple for AppLovin (17% lower valuation multiple than Roblox). We believe the market will attach a slightly higher valuation multiple for Roblox than AppLovin, mainly due to the former company's higher sales growth and operating margins in 2021, and its brand is more recognized worldwide.</p><p><img src=\"https://static.tigerbbs.com/b47032411f633c63c676152889baa874\" tg-width=\"553\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ea8b356b98201f398b48bd4d57e507a\" tg-width=\"552\" tg-height=\"455\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8a2dfe8877740e842bb1e143c157e39c\" tg-width=\"551\" tg-height=\"370\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0aec05aa4790c780a95e2527c62896e9\" tg-width=\"554\" tg-height=\"548\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8ee98f1dd0f1c0becb865f331a283068\" tg-width=\"550\" tg-height=\"340\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/96321e40b2bb290d968a20e0a3832de8\" tg-width=\"554\" tg-height=\"362\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/327d495d893132d12a74cc91d93df055\" tg-width=\"553\" tg-height=\"367\" referrerpolicy=\"no-referrer\"><b>Income Statement Forecast</b></p><p>AppLovin generated sales of $1,451.1 million and an operating loss of $62.1 million in 2020. The company's sales have nearly tripled from 2018 to 2020. The company's operating margins declined from 50.1% in 2018 to 19.5% in 2019 and -4.3% in 2020. The major reasons for the lower operating margins are due to higher cost of sales, sales & marketing, R&D, and other operating expenses as a percentage of sales.</p><p>We estimate AppLovin to generate sales of $2.2 billion (up 51% YoY) and an operating profit of $65.2 million in 2021. From 2020 to 2025, we have assumed the company's sales to grow at a CAGR of 28.6%. We have also assumed the company's operating margin to turn positive to 3% in 2021 from -4.3% in 2020. We estimate its operating margins to improve further to 6.8% in 2022, 10.6% in 2023, and 17.8% in 2025. We estimate AppLovin to have sales of $5.1 billion and an operating profit of $0.9 billion in 2025.</p><p><img src=\"https://static.tigerbbs.com/4e58f808f42f4c3a1e238b587f637063\" tg-width=\"547\" tg-height=\"669\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1026d63d84ac8f26d8391d7e91317b9e\" tg-width=\"547\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9bf6e155cbc281373a8fac78fd3e08b\" tg-width=\"547\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><b>Company Background</b></p><p>Thecompanyoriginally started its business helping customers to improve the smartphone customer experiences for all the users. In recent years, the company has become a much bigger player in the mobile gaming segment and it also helps developers to grow their users and improve the monetization of their apps.</p><p>According to IDC, the company's totalmarket opportunityis estimated to be $189 billion in 2020, growing to $283 billion in 2024, representing a CAGR of 10.6% in this period. This total market size of $184 billion was derived by adding the worldwide total in-app advertising revenue of $101 billion (including gaming and non-gaming in-app display, video, and other advertising, but excluding in-app search advertising) and worldwide direct game spending of $88 billion for 2020.</p><p>AppLovin has invested about $1 billion in 15 acquisitions and partnerships since 2018. It owns more than 200 free-to-play mobile games from 12 studios.AppLovinlaunched a gaming business unit called Lion Studios in July 2018. It also acquired a company called Max in September 2018. Max provides in-app bidding service, which is a type of advertising where mobile publishers can sell their ad inventory in an auction method). AppLovin also owns and operates gaming studios Machine Zone, Belka Games, PeopleFun and Firecraft Studios.</p><p>In February 2021, AppLovin signed an agreement to purchase Adjust for $1 billion (including $598 million in cash and $352 million in convertible securities, and an assumption of up to $40 million in debt). Adjust is a leading mobile app analytics& marketing products company in Germany. Adjust provides tools to prevent mobile advertising fraud and better measure the user base. This acquisition is expected to close in 1H 2021.</p><p>In the IPO prospectus, the company mentioned that it plans to use $75 million of its Class A common shares for charitable purposes. If the company raises $1 billion in the IPO, this would represent nearly 7.5% of total amount. This is a bit unusual to have this large number of shares allocated for charitable purposes. We applaud this move by the CEO and its senior management. Adam Foroughi, the co-founder and CEO of AppLovin, previously co-founded two advertising technology companies, Lifestreet Media Inc. and Social Hour Inc.</p><p><b>AppLovin (Key Metrics)</b></p><p>The table provides the company's key metrics. There has been a strong increase in the monthly active payers which jumped from 0.3 million in 2018 to 1.0 million in 2019 and 1.5 million in 2020. However, the enterprise clients declined from 192 in 2018 to 172 in 2020. The company defines its enterprise clients as third-party business clients from which it has collected more than $125,000 of revenue in the trailing 12 months. Average revenue per monthly active payer increased from $11 in 2018 to $32 in 2019 and $41 in 2020.</p><p>The company's main businesses comprise of its platform and apps. Its platform business mainly includes AppLovin Core Technologies and AppLovin Software. Its apps consist of over 200 free-to-play mobile games in five genres, run by 12 studios including those owned by the company and also those it partners with. The five major game genres offering by the company include casual, hypercasual, match-three, midcore, and card/casino. No single game of the company contributed more than 16% of its total revenue in 2020.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0638b1ba5528bc65ee975156f3bcfd46\" tg-width=\"605\" tg-height=\"225\" referrerpolicy=\"no-referrer\"><span>Source: Company data</span></p><p>The company collects revenue from two sources including business clients and consumers. In 2020, business clients accounted for 49% of total revenue and consumers represented 51% of total revenue.</p><p><b>Business Clients:</b></p><ul><li>The company has a wide range of business clients including Facebook(NASDAQ:FB), Google, and a number of much smaller companies. It had 1,400 business clients at the end of 2020. Nearly 99% of the company's business revenue came from its 172 enterprise clients as of December 31, 2020. The company also had a solid customer retention rate of 118% in 2020 for its enterprise clients.</li><li>AppLovin Software is a comprehensive suite of tools for developers to get their mobile apps discovered and downloaded by the right users, optimize return on marketing spend, and maximize monetization of engagement. AppLovin Software reaches an audience of over 410 million users per day. The company's software solutions provide tools for mobile app developers to expand their businesses by optimizing and automating the marketing and monetization of their apps. Since inception, the company's platform has driven more than 6 billion mobile app installs.</li><li>The company's main software includes AppDiscovery and MAX. Business clients use AppDiscovery to automate, optimize, and manage their app user acquisition investments. They set marketing and user growth goals, and AppDiscovery optimizes their ad spend in an effort to achieve their return on advertising spend targets and other marketing objectives. AppDiscovery comprises the vast majority of revenue from its software.</li><li>Revenue is generated from the advertisers, typically on a performance-based, cost-per-install basis, and shared with the company's advertising publishers, typically on a cost per impression model. Business clients use MAX to optimize purchases of app ad inventory.</li><li>The Compass Analytics tool within MAX provides insights to manage against key performance indicators, understand the long-term value of users, and help manage profitability. Revenue from MAX is generated based on a percentage of client spend. Business clients that purchase advertising inventory from the company's Apps are able to target highly relevant users from its diverse and global portfolio of over 200 mobile games.</li></ul><p><b>Consumers:</b></p><ul><li>The company has also developed and invested in AppLovin Apps, which consist of a globally diversified portfolio of over 200 free-to-play mobile games. These Apps are accessed by nearly 32 million users every day. Consumer revenue is generated when the user of its apps makes an in-app purchase (IAP).</li><li>The company's apps are mostly free-to-play mobile games and generate consumer revenue through in-app purchase of virtual items which are used to enhance gameplay and improve the probabilities of the mobile game progression opportunities.</li><li>During the three months ended December 31, 2020, the company had an average of 2.1 million monthly active payers (MAPs) across its portfolio of apps. Over that period, the company had an average revenue per monthly active payer of $41.</li></ul><p><img src=\"https://static.tigerbbs.com/17a469e7db2359f56bb1fec2388f2826\" tg-width=\"555\" tg-height=\"454\" referrerpolicy=\"no-referrer\"><b>Major Competitors</b></p><p>In the mobile games and other mobile game app related businesses, the major competitors include Unity Software, Activision Blizzard, Tencent Holdings(OTCPK:TCEHY), and Zynga. In the advertising platform business, the company's major competitors include Facebook, Alphabet, and Amazon (AMZN). Many of these companies are also AppLovin's partners and customers. In addition to these mega companies, the company faces competition from thousands of smaller competitors worldwide.</p><p>Balance Sheet and Cash Flow Analysis</p><p>The company has a leveraged balance sheet. Net debt increased from $0.8 billion at the end of 2019 to $1.3 billion at the end of 2020. Net debt to adjusted EBITDA ratio also rose from 260% at the end of 2019 to 315% at the end of 2020. After KKR invested in the company in 2018, it appears that AppLovin was advised to add more leverage and expand the business more aggressively through numerous acquisitions. Through this IPO, the company's balance sheet will become much stronger.</p><p>The company generated positive cash flow from operations and free cash flow in the past two years. Its cash flow from operations and free cash flow averaged $211 million and $207 million, respectively, in 2019 and 2020.</p><p><b>Conclusion</b></p><p>AppLovin is one of the key beneficiaries of the surging growth of game-related mobile apps. Our base case valuation of AppLovin is EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8, which is about 17% higher than the high end of the IPO price range. In recent months, some of the major game-related IPOs including Roblox and Unity Software have done really well, although their share prices have come down from their recent highs. AppLovin will likely be compared against these stocks.</p><p>Despite AppLovin's decline in operating margins in 2020 due to higher operating expenses, it is more likely that investors will focus on the company's ability to continue to scale up the business and generate higher sales growth. There remains some uncertainty in terms of how quickly the company is willing to focus on the probability at the expense of lower sales growth. In addition, there are some concerns about the recent weakening sentiment on the tech-related IPOs.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AppLovin: Capitalizing On The Surging Growth Of Mobile Game Apps</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\">\nAppLovin: Capitalizing On The Surging Growth Of Mobile Game Apps\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 14:39 GMT+8 <a href=https://seekingalpha.com/article/4418129-applovin-capitalizing-growth-mobile-game-apps><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 million shares.At the high end of the IPO price range, the company is aiming to raise $2.1 billion, and...</p>\n\n<a href=\"https://seekingalpha.com/article/4418129-applovin-capitalizing-growth-mobile-game-apps\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APP":"AppLovin Corporation"},"source_url":"https://seekingalpha.com/article/4418129-applovin-capitalizing-growth-mobile-game-apps","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1125635474","content_text":"SummaryAppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 million shares.At the high end of the IPO price range, the company is aiming to raise $2.1 billion, and it would be valued at $30.4 billion.Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8.The company has been a key beneficiary of the surging growth of popular game apps.Despite strong sales growth, its operating margins worsened in 2020 due to higher operating expenses.Investment ThesisAppLovinAppLovin Corporation is one of the key beneficiaries of the exploding demand for mobile apps, especially for mobile games. The company's sales growth has been surging in recent years as the company has benefited from both organic growth and has been aggressive in making numerous acquisitions in the past three years.Most developers lack access to the marketing, monetization, and data analytics tools required to stand out among the more than 4.8 million mobile apps available on the Apple App Store(NASDAQ:AAPL)and Google Play Store(NASDAQ:GOOG)(NASDAQ:GOOGL). The company's products and services help many app developers to scale up their business and create a successful app that can be sustained long term. This is where the company's capabilities in app development, marketing, and analytics really stand out.There are more than 1.3 million mobile gaming apps on the Apple App Store and Google Play Store.Mobile gamingaccounts for 39% of worldwide app downloads and for 72% of all app store consumer spend by value, according to Sensor Tower.Although the company's operating margins declined in the past two years mainly due to higher operating expenses, we believe that the company's profit margins will turn around this year due to a combination of higher economies of scale and lower operating expenses as a percentage of revenues.Comparable Companies Valuation AnalysisIn the comparable companies valuation analysis, we used the following companies as comps to AppLovin:Unity Software (U)Roblox Corp. (RBLX)Activision Blizzard (ATVI)Zynga (ZNGA)Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and implied target price per share of $99.8. This represents 17% upside from the high end of the IPO price range of $85. We have a POSITIVE view of the AppLovin IPO.Our base case valuation of AppLovin is based on a 16x EV/S multiple (using 2021 sales estimate), which represents a 10% higher than the average EV/S multiple of the comps. It is also below the EV/S multiple of Unity Software and Roblox which trade at EV/S multiple of 26.8x and 19.2x, respectively.The comps' average sales growth in 2020 and 2021 are similar to the sales growth rates of AppLovin in this period. Among the comps, Roblox has the highest sales growth and Activision has the lowest sales growth in 2020 and 2021. Overall, we have assumed higher sales growth for AppLovin versus its peers in 2021 and 2022 and this is one of main reasons why we have applied a 10% higher valuation multiple than the comps.However, Roblox is trading at 19.2x EV/S in 2021 and we have applied a 16x EV/S multiple for AppLovin (17% lower valuation multiple than Roblox). We believe the market will attach a slightly higher valuation multiple for Roblox than AppLovin, mainly due to the former company's higher sales growth and operating margins in 2021, and its brand is more recognized worldwide.Income Statement ForecastAppLovin generated sales of $1,451.1 million and an operating loss of $62.1 million in 2020. The company's sales have nearly tripled from 2018 to 2020. The company's operating margins declined from 50.1% in 2018 to 19.5% in 2019 and -4.3% in 2020. The major reasons for the lower operating margins are due to higher cost of sales, sales & marketing, R&D, and other operating expenses as a percentage of sales.We estimate AppLovin to generate sales of $2.2 billion (up 51% YoY) and an operating profit of $65.2 million in 2021. From 2020 to 2025, we have assumed the company's sales to grow at a CAGR of 28.6%. We have also assumed the company's operating margin to turn positive to 3% in 2021 from -4.3% in 2020. We estimate its operating margins to improve further to 6.8% in 2022, 10.6% in 2023, and 17.8% in 2025. We estimate AppLovin to have sales of $5.1 billion and an operating profit of $0.9 billion in 2025.Company BackgroundThecompanyoriginally started its business helping customers to improve the smartphone customer experiences for all the users. In recent years, the company has become a much bigger player in the mobile gaming segment and it also helps developers to grow their users and improve the monetization of their apps.According to IDC, the company's totalmarket opportunityis estimated to be $189 billion in 2020, growing to $283 billion in 2024, representing a CAGR of 10.6% in this period. This total market size of $184 billion was derived by adding the worldwide total in-app advertising revenue of $101 billion (including gaming and non-gaming in-app display, video, and other advertising, but excluding in-app search advertising) and worldwide direct game spending of $88 billion for 2020.AppLovin has invested about $1 billion in 15 acquisitions and partnerships since 2018. It owns more than 200 free-to-play mobile games from 12 studios.AppLovinlaunched a gaming business unit called Lion Studios in July 2018. It also acquired a company called Max in September 2018. Max provides in-app bidding service, which is a type of advertising where mobile publishers can sell their ad inventory in an auction method). AppLovin also owns and operates gaming studios Machine Zone, Belka Games, PeopleFun and Firecraft Studios.In February 2021, AppLovin signed an agreement to purchase Adjust for $1 billion (including $598 million in cash and $352 million in convertible securities, and an assumption of up to $40 million in debt). Adjust is a leading mobile app analytics& marketing products company in Germany. Adjust provides tools to prevent mobile advertising fraud and better measure the user base. This acquisition is expected to close in 1H 2021.In the IPO prospectus, the company mentioned that it plans to use $75 million of its Class A common shares for charitable purposes. If the company raises $1 billion in the IPO, this would represent nearly 7.5% of total amount. This is a bit unusual to have this large number of shares allocated for charitable purposes. We applaud this move by the CEO and its senior management. Adam Foroughi, the co-founder and CEO of AppLovin, previously co-founded two advertising technology companies, Lifestreet Media Inc. and Social Hour Inc.AppLovin (Key Metrics)The table provides the company's key metrics. There has been a strong increase in the monthly active payers which jumped from 0.3 million in 2018 to 1.0 million in 2019 and 1.5 million in 2020. However, the enterprise clients declined from 192 in 2018 to 172 in 2020. The company defines its enterprise clients as third-party business clients from which it has collected more than $125,000 of revenue in the trailing 12 months. Average revenue per monthly active payer increased from $11 in 2018 to $32 in 2019 and $41 in 2020.The company's main businesses comprise of its platform and apps. Its platform business mainly includes AppLovin Core Technologies and AppLovin Software. Its apps consist of over 200 free-to-play mobile games in five genres, run by 12 studios including those owned by the company and also those it partners with. The five major game genres offering by the company include casual, hypercasual, match-three, midcore, and card/casino. No single game of the company contributed more than 16% of its total revenue in 2020.Source: Company dataThe company collects revenue from two sources including business clients and consumers. In 2020, business clients accounted for 49% of total revenue and consumers represented 51% of total revenue.Business Clients:The company has a wide range of business clients including Facebook(NASDAQ:FB), Google, and a number of much smaller companies. It had 1,400 business clients at the end of 2020. Nearly 99% of the company's business revenue came from its 172 enterprise clients as of December 31, 2020. The company also had a solid customer retention rate of 118% in 2020 for its enterprise clients.AppLovin Software is a comprehensive suite of tools for developers to get their mobile apps discovered and downloaded by the right users, optimize return on marketing spend, and maximize monetization of engagement. AppLovin Software reaches an audience of over 410 million users per day. The company's software solutions provide tools for mobile app developers to expand their businesses by optimizing and automating the marketing and monetization of their apps. Since inception, the company's platform has driven more than 6 billion mobile app installs.The company's main software includes AppDiscovery and MAX. Business clients use AppDiscovery to automate, optimize, and manage their app user acquisition investments. They set marketing and user growth goals, and AppDiscovery optimizes their ad spend in an effort to achieve their return on advertising spend targets and other marketing objectives. AppDiscovery comprises the vast majority of revenue from its software.Revenue is generated from the advertisers, typically on a performance-based, cost-per-install basis, and shared with the company's advertising publishers, typically on a cost per impression model. Business clients use MAX to optimize purchases of app ad inventory.The Compass Analytics tool within MAX provides insights to manage against key performance indicators, understand the long-term value of users, and help manage profitability. Revenue from MAX is generated based on a percentage of client spend. Business clients that purchase advertising inventory from the company's Apps are able to target highly relevant users from its diverse and global portfolio of over 200 mobile games.Consumers:The company has also developed and invested in AppLovin Apps, which consist of a globally diversified portfolio of over 200 free-to-play mobile games. These Apps are accessed by nearly 32 million users every day. Consumer revenue is generated when the user of its apps makes an in-app purchase (IAP).The company's apps are mostly free-to-play mobile games and generate consumer revenue through in-app purchase of virtual items which are used to enhance gameplay and improve the probabilities of the mobile game progression opportunities.During the three months ended December 31, 2020, the company had an average of 2.1 million monthly active payers (MAPs) across its portfolio of apps. Over that period, the company had an average revenue per monthly active payer of $41.Major CompetitorsIn the mobile games and other mobile game app related businesses, the major competitors include Unity Software, Activision Blizzard, Tencent Holdings(OTCPK:TCEHY), and Zynga. In the advertising platform business, the company's major competitors include Facebook, Alphabet, and Amazon (AMZN). Many of these companies are also AppLovin's partners and customers. In addition to these mega companies, the company faces competition from thousands of smaller competitors worldwide.Balance Sheet and Cash Flow AnalysisThe company has a leveraged balance sheet. Net debt increased from $0.8 billion at the end of 2019 to $1.3 billion at the end of 2020. Net debt to adjusted EBITDA ratio also rose from 260% at the end of 2019 to 315% at the end of 2020. After KKR invested in the company in 2018, it appears that AppLovin was advised to add more leverage and expand the business more aggressively through numerous acquisitions. Through this IPO, the company's balance sheet will become much stronger.The company generated positive cash flow from operations and free cash flow in the past two years. Its cash flow from operations and free cash flow averaged $211 million and $207 million, respectively, in 2019 and 2020.ConclusionAppLovin is one of the key beneficiaries of the surging growth of game-related mobile apps. Our base case valuation of AppLovin is EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8, which is about 17% higher than the high end of the IPO price range. In recent months, some of the major game-related IPOs including Roblox and Unity Software have done really well, although their share prices have come down from their recent highs. AppLovin will likely be compared against these stocks.Despite AppLovin's decline in operating margins in 2020 due to higher operating expenses, it is more likely that investors will focus on the company's ability to continue to scale up the business and generate higher sales growth. There remains some uncertainty in terms of how quickly the company is willing to focus on the probability at the expense of lower sales growth. In addition, there are some concerns about the recent weakening sentiment on the tech-related IPOs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351186828,"gmtCreate":1616575263964,"gmtModify":1704795847995,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Cab consider buy n keep for long term ","listText":"Cab consider buy n keep for long term ","text":"Cab consider buy n keep for long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351186828","repostId":"1164066925","repostType":4,"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321946131,"gmtCreate":1615390636223,"gmtModify":1704782180035,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"hold tight n aim high ","listText":"hold tight n aim high ","text":"hold tight n aim high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321946131","isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364980076,"gmtCreate":1614793732695,"gmtModify":1704775391721,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/364980076","repostId":"1160849202","repostType":4,"repost":{"id":"1160849202","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614785336,"share":"https://ttm.financial/m/news/1160849202?lang=&edition=fundamental","pubTime":"2021-03-03 23:28","market":"us","language":"en","title":"U.S. stocks slip as economic data disappoints and bond yields spike","url":"https://stock-news.laohu8.com/highlight/detail?id=1160849202","media":"老虎资讯综合","summary":"(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the","content":"<p>(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the COVID-19 pandemic as the vaccine rollout accelerates.</p>\n<p><img src=\"https://static.tigerbbs.com/3399dfe258d8391f84cfd403172a6b33\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/b3f6210b94ae708b48a2dbc055aa5bea\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/1e4a2277b0adcc52237df985f028e475\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/f697a8cde91f6f6b2e373a8561965819\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/84bd8f37269d1bea7c373b3fa75cf423\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/218b9c2e63444d7e08607c1332b49c0e\" tg-width=\"1355\" tg-height=\"647\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks slip as economic data disappoints and bond yields spike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks slip as economic data disappoints and bond yields spike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-03 23:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the COVID-19 pandemic as the vaccine rollout accelerates.</p>\n<p><img src=\"https://static.tigerbbs.com/3399dfe258d8391f84cfd403172a6b33\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/b3f6210b94ae708b48a2dbc055aa5bea\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/1e4a2277b0adcc52237df985f028e475\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/f697a8cde91f6f6b2e373a8561965819\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/84bd8f37269d1bea7c373b3fa75cf423\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/218b9c2e63444d7e08607c1332b49c0e\" tg-width=\"1355\" tg-height=\"647\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160849202","content_text":"(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the COVID-19 pandemic as the vaccine rollout accelerates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365374537,"gmtCreate":1614699218829,"gmtModify":1704774257946,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365374537","repostId":"1117949321","repostType":4,"repost":{"id":"1117949321","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614695591,"share":"https://ttm.financial/m/news/1117949321?lang=&edition=fundamental","pubTime":"2021-03-02 22:33","market":"us","language":"en","title":"U.S. stocks edge up at Tuesday's open; Dow up 0.13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1117949321","media":"老虎资讯综合","summary":"(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March ","content":"<p>(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal stimulus.</p><p>The Dow rises 0.13%, the S&P 500 up 0.07%, and the Nasdaq Composite advances 0.07%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fded18f41f1d3abb18ef32f55452b7b9\" tg-width=\"1242\" tg-height=\"548\"><span>*Source From Tiger Trade, EST 09:30</span></p><p>On Monday, the S&P 500 jumped by 2.4% for its best session since June 2020, while the Nasdaq jumped 3% to recuperate some losses after technology stocks slumped last week. Shares of Zoom Video Communications (ZM), a darling of the \"stay-at-home\" trade, jumped more than 7% overnight after the company delivered earnings results and guidance that far exceeded expectations,helping assuage fears of a slowdown as more in-person activities resume.</p><p>The10-year Treasury yield, a point of focus lately for equity investors, was flat at 1.45%.</p><p>Shares of Target gained 0.5%after reporting booming sales. Though the retailer declined to provide a forecast for 2021.</p><p>U.S. equitiesbegan March on a strong note on Mondaywith theS&P 500up 2.38%, theDow Jones Industrial Averageadding 1.95% and the tech-heavyNasdaq Compositejumping just over 3% after shedding 4.9% last week.</p><p>All 11 S&P sectors finished in the green and the S&P 500 posted its best day since June 5. Both the Dow and the Nasdaq clinched their best trading day since November.</p><p>Economically sensitive, cyclical sectors like energy and financials continued to outperform the broader market amid optimism about vaccines and economic resurgence. Meanwhile, a pause in the market for U.S. debt allowed high-growth tech names to recoup a sizable portion of their recent losses. Facebook added 2.8%, Apple rose 5.4% and Tesla climbed 6.4%.</p><p>The 10-year yield, which had kept investors on edge for much of last week, dipped to a session low of 1.41% Monday before drifting back near the flatline. The 10-year yield stabilized around that level, below its high of 1.6% last week, which encouraged investors last week's rapid rise in borrowing costs has abated for now.</p><p>\"Anxiety over yields appeared largely responsible for a 3% retreat in the S&P 500 from a record high in the middle of\" February, Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note.</p><p>\"We expect this interruption to the equity rally to be temporary and believe investors should put the pullback in context,\" he added. \"The rise in yields has been led by optimism over growth, not inflation worries, and so doesn't yet pose a threat to risk assets.\"</p><p>Investors on Tuesday will pore over comments made by both Securities and Exchange Commission Chair nominee Gary Gensler and Federal Reserve Governor Lael Brainard.</p><p>Gensler will testify before the Senate Banking Committee at 10 a.m. ET while Brainard will deliver a speech entitled \"U.S. Economic Outlook and Monetary Policy\" via a virtual meeting hosted by the Council on Foreign Relations.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks edge up at Tuesday's open; Dow up 0.13%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks edge up at Tuesday's open; Dow up 0.13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-02 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal stimulus.</p><p>The Dow rises 0.13%, the S&P 500 up 0.07%, and the Nasdaq Composite advances 0.07%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fded18f41f1d3abb18ef32f55452b7b9\" tg-width=\"1242\" tg-height=\"548\"><span>*Source From Tiger Trade, EST 09:30</span></p><p>On Monday, the S&P 500 jumped by 2.4% for its best session since June 2020, while the Nasdaq jumped 3% to recuperate some losses after technology stocks slumped last week. Shares of Zoom Video Communications (ZM), a darling of the \"stay-at-home\" trade, jumped more than 7% overnight after the company delivered earnings results and guidance that far exceeded expectations,helping assuage fears of a slowdown as more in-person activities resume.</p><p>The10-year Treasury yield, a point of focus lately for equity investors, was flat at 1.45%.</p><p>Shares of Target gained 0.5%after reporting booming sales. Though the retailer declined to provide a forecast for 2021.</p><p>U.S. equitiesbegan March on a strong note on Mondaywith theS&P 500up 2.38%, theDow Jones Industrial Averageadding 1.95% and the tech-heavyNasdaq Compositejumping just over 3% after shedding 4.9% last week.</p><p>All 11 S&P sectors finished in the green and the S&P 500 posted its best day since June 5. Both the Dow and the Nasdaq clinched their best trading day since November.</p><p>Economically sensitive, cyclical sectors like energy and financials continued to outperform the broader market amid optimism about vaccines and economic resurgence. Meanwhile, a pause in the market for U.S. debt allowed high-growth tech names to recoup a sizable portion of their recent losses. Facebook added 2.8%, Apple rose 5.4% and Tesla climbed 6.4%.</p><p>The 10-year yield, which had kept investors on edge for much of last week, dipped to a session low of 1.41% Monday before drifting back near the flatline. The 10-year yield stabilized around that level, below its high of 1.6% last week, which encouraged investors last week's rapid rise in borrowing costs has abated for now.</p><p>\"Anxiety over yields appeared largely responsible for a 3% retreat in the S&P 500 from a record high in the middle of\" February, Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note.</p><p>\"We expect this interruption to the equity rally to be temporary and believe investors should put the pullback in context,\" he added. \"The rise in yields has been led by optimism over growth, not inflation worries, and so doesn't yet pose a threat to risk assets.\"</p><p>Investors on Tuesday will pore over comments made by both Securities and Exchange Commission Chair nominee Gary Gensler and Federal Reserve Governor Lael Brainard.</p><p>Gensler will testify before the Senate Banking Committee at 10 a.m. ET while Brainard will deliver a speech entitled \"U.S. Economic Outlook and Monetary Policy\" via a virtual meeting hosted by the Council on Foreign Relations.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117949321","content_text":"(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal stimulus.The Dow rises 0.13%, the S&P 500 up 0.07%, and the Nasdaq Composite advances 0.07%.*Source From Tiger Trade, EST 09:30On Monday, the S&P 500 jumped by 2.4% for its best session since June 2020, while the Nasdaq jumped 3% to recuperate some losses after technology stocks slumped last week. Shares of Zoom Video Communications (ZM), a darling of the \"stay-at-home\" trade, jumped more than 7% overnight after the company delivered earnings results and guidance that far exceeded expectations,helping assuage fears of a slowdown as more in-person activities resume.The10-year Treasury yield, a point of focus lately for equity investors, was flat at 1.45%.Shares of Target gained 0.5%after reporting booming sales. Though the retailer declined to provide a forecast for 2021.U.S. equitiesbegan March on a strong note on Mondaywith theS&P 500up 2.38%, theDow Jones Industrial Averageadding 1.95% and the tech-heavyNasdaq Compositejumping just over 3% after shedding 4.9% last week.All 11 S&P sectors finished in the green and the S&P 500 posted its best day since June 5. Both the Dow and the Nasdaq clinched their best trading day since November.Economically sensitive, cyclical sectors like energy and financials continued to outperform the broader market amid optimism about vaccines and economic resurgence. Meanwhile, a pause in the market for U.S. debt allowed high-growth tech names to recoup a sizable portion of their recent losses. Facebook added 2.8%, Apple rose 5.4% and Tesla climbed 6.4%.The 10-year yield, which had kept investors on edge for much of last week, dipped to a session low of 1.41% Monday before drifting back near the flatline. The 10-year yield stabilized around that level, below its high of 1.6% last week, which encouraged investors last week's rapid rise in borrowing costs has abated for now.\"Anxiety over yields appeared largely responsible for a 3% retreat in the S&P 500 from a record high in the middle of\" February, Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note.\"We expect this interruption to the equity rally to be temporary and believe investors should put the pullback in context,\" he added. \"The rise in yields has been led by optimism over growth, not inflation worries, and so doesn't yet pose a threat to risk assets.\"Investors on Tuesday will pore over comments made by both Securities and Exchange Commission Chair nominee Gary Gensler and Federal Reserve Governor Lael Brainard.Gensler will testify before the Senate Banking Committee at 10 a.m. ET while Brainard will deliver a speech entitled \"U.S. Economic Outlook and Monetary Policy\" via a virtual meeting hosted by the Council on Foreign Relations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362991100,"gmtCreate":1614583468300,"gmtModify":1704772672982,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362991100","repostId":"1140907630","repostType":4,"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362991033,"gmtCreate":1614583403722,"gmtModify":1704772672820,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362991033","repostId":"1172415383","repostType":4,"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":198011572,"gmtCreate":1620913530696,"gmtModify":1704350368320,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HITIF\">$High Tide Inc.(HITIF)$</a>Cannot buy again. So many stocks cannot buy. What happen??","listText":"<a href=\"https://laohu8.com/S/HITIF\">$High Tide Inc.(HITIF)$</a>Cannot buy again. So many stocks cannot buy. What happen??","text":"$High Tide Inc.(HITIF)$Cannot buy again. So many stocks cannot buy. What happen??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/198011572","isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347518805,"gmtCreate":1618501017607,"gmtModify":1704711940358,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"I think is too high ","listText":"I think is too high ","text":"I think is too high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347518805","repostId":"1125635474","repostType":4,"repost":{"id":"1125635474","pubTimestamp":1618295945,"share":"https://ttm.financial/m/news/1125635474?lang=&edition=fundamental","pubTime":"2021-04-13 14:39","market":"us","language":"en","title":"AppLovin: Capitalizing On The Surging Growth Of Mobile Game Apps","url":"https://stock-news.laohu8.com/highlight/detail?id=1125635474","media":"seekingalpha","summary":"SummaryAppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 mil","content":"<p><b>Summary</b></p><ul><li>AppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 million shares.</li><li>At the high end of the IPO price range, the company is aiming to raise $2.1 billion, and it would be valued at $30.4 billion.</li><li>Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8.</li><li>The company has been a key beneficiary of the surging growth of popular game apps.</li><li>Despite strong sales growth, its operating margins worsened in 2020 due to higher operating expenses.</li></ul><p><b>Investment Thesis</b></p><p>AppLovin<a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a> is one of the key beneficiaries of the exploding demand for mobile apps, especially for mobile games. The company's sales growth has been surging in recent years as the company has benefited from both organic growth and has been aggressive in making numerous acquisitions in the past three years.</p><p>Most developers lack access to the marketing, monetization, and data analytics tools required to stand out among the more than 4.8 million mobile apps available on the Apple App Store(NASDAQ:AAPL)and Google Play Store(NASDAQ:GOOG)(NASDAQ:GOOGL). The company's products and services help many app developers to scale up their business and create a successful app that can be sustained long term. This is where the company's capabilities in app development, marketing, and analytics really stand out.</p><p>There are more than 1.3 million mobile gaming apps on the Apple App Store and Google Play Store.Mobile gamingaccounts for 39% of worldwide app downloads and for 72% of all app store consumer spend by value, according to Sensor Tower.</p><p>Although the company's operating margins declined in the past two years mainly due to higher operating expenses, we believe that the company's profit margins will turn around this year due to a combination of higher economies of scale and lower operating expenses as a percentage of revenues.</p><p><b>Comparable Companies Valuation Analysis</b></p><p>In the comparable companies valuation analysis, we used the following companies as comps to AppLovin:</p><ul><li>Unity Software (U)</li><li>Roblox Corp. (RBLX)</li><li>Activision Blizzard (ATVI)</li><li>Zynga (ZNGA)</li></ul><p>Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and implied target price per share of $99.8. This represents 17% upside from the high end of the IPO price range of $85. We have a POSITIVE view of the AppLovin IPO.</p><p>Our base case valuation of AppLovin is based on a 16x EV/S multiple (using 2021 sales estimate), which represents a 10% higher than the average EV/S multiple of the comps. It is also below the EV/S multiple of Unity Software and Roblox which trade at EV/S multiple of 26.8x and 19.2x, respectively.</p><p>The comps' average sales growth in 2020 and 2021 are similar to the sales growth rates of AppLovin in this period. Among the comps, Roblox has the highest sales growth and Activision has the lowest sales growth in 2020 and 2021. Overall, we have assumed higher sales growth for AppLovin versus its peers in 2021 and 2022 and this is one of main reasons why we have applied a 10% higher valuation multiple than the comps.</p><p>However, Roblox is trading at 19.2x EV/S in 2021 and we have applied a 16x EV/S multiple for AppLovin (17% lower valuation multiple than Roblox). We believe the market will attach a slightly higher valuation multiple for Roblox than AppLovin, mainly due to the former company's higher sales growth and operating margins in 2021, and its brand is more recognized worldwide.</p><p><img src=\"https://static.tigerbbs.com/b47032411f633c63c676152889baa874\" tg-width=\"553\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ea8b356b98201f398b48bd4d57e507a\" tg-width=\"552\" tg-height=\"455\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8a2dfe8877740e842bb1e143c157e39c\" tg-width=\"551\" tg-height=\"370\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0aec05aa4790c780a95e2527c62896e9\" tg-width=\"554\" tg-height=\"548\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8ee98f1dd0f1c0becb865f331a283068\" tg-width=\"550\" tg-height=\"340\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/96321e40b2bb290d968a20e0a3832de8\" tg-width=\"554\" tg-height=\"362\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/327d495d893132d12a74cc91d93df055\" tg-width=\"553\" tg-height=\"367\" referrerpolicy=\"no-referrer\"><b>Income Statement Forecast</b></p><p>AppLovin generated sales of $1,451.1 million and an operating loss of $62.1 million in 2020. The company's sales have nearly tripled from 2018 to 2020. The company's operating margins declined from 50.1% in 2018 to 19.5% in 2019 and -4.3% in 2020. The major reasons for the lower operating margins are due to higher cost of sales, sales & marketing, R&D, and other operating expenses as a percentage of sales.</p><p>We estimate AppLovin to generate sales of $2.2 billion (up 51% YoY) and an operating profit of $65.2 million in 2021. From 2020 to 2025, we have assumed the company's sales to grow at a CAGR of 28.6%. We have also assumed the company's operating margin to turn positive to 3% in 2021 from -4.3% in 2020. We estimate its operating margins to improve further to 6.8% in 2022, 10.6% in 2023, and 17.8% in 2025. We estimate AppLovin to have sales of $5.1 billion and an operating profit of $0.9 billion in 2025.</p><p><img src=\"https://static.tigerbbs.com/4e58f808f42f4c3a1e238b587f637063\" tg-width=\"547\" tg-height=\"669\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1026d63d84ac8f26d8391d7e91317b9e\" tg-width=\"547\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9bf6e155cbc281373a8fac78fd3e08b\" tg-width=\"547\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><b>Company Background</b></p><p>Thecompanyoriginally started its business helping customers to improve the smartphone customer experiences for all the users. In recent years, the company has become a much bigger player in the mobile gaming segment and it also helps developers to grow their users and improve the monetization of their apps.</p><p>According to IDC, the company's totalmarket opportunityis estimated to be $189 billion in 2020, growing to $283 billion in 2024, representing a CAGR of 10.6% in this period. This total market size of $184 billion was derived by adding the worldwide total in-app advertising revenue of $101 billion (including gaming and non-gaming in-app display, video, and other advertising, but excluding in-app search advertising) and worldwide direct game spending of $88 billion for 2020.</p><p>AppLovin has invested about $1 billion in 15 acquisitions and partnerships since 2018. It owns more than 200 free-to-play mobile games from 12 studios.AppLovinlaunched a gaming business unit called Lion Studios in July 2018. It also acquired a company called Max in September 2018. Max provides in-app bidding service, which is a type of advertising where mobile publishers can sell their ad inventory in an auction method). AppLovin also owns and operates gaming studios Machine Zone, Belka Games, PeopleFun and Firecraft Studios.</p><p>In February 2021, AppLovin signed an agreement to purchase Adjust for $1 billion (including $598 million in cash and $352 million in convertible securities, and an assumption of up to $40 million in debt). Adjust is a leading mobile app analytics& marketing products company in Germany. Adjust provides tools to prevent mobile advertising fraud and better measure the user base. This acquisition is expected to close in 1H 2021.</p><p>In the IPO prospectus, the company mentioned that it plans to use $75 million of its Class A common shares for charitable purposes. If the company raises $1 billion in the IPO, this would represent nearly 7.5% of total amount. This is a bit unusual to have this large number of shares allocated for charitable purposes. We applaud this move by the CEO and its senior management. Adam Foroughi, the co-founder and CEO of AppLovin, previously co-founded two advertising technology companies, Lifestreet Media Inc. and Social Hour Inc.</p><p><b>AppLovin (Key Metrics)</b></p><p>The table provides the company's key metrics. There has been a strong increase in the monthly active payers which jumped from 0.3 million in 2018 to 1.0 million in 2019 and 1.5 million in 2020. However, the enterprise clients declined from 192 in 2018 to 172 in 2020. The company defines its enterprise clients as third-party business clients from which it has collected more than $125,000 of revenue in the trailing 12 months. Average revenue per monthly active payer increased from $11 in 2018 to $32 in 2019 and $41 in 2020.</p><p>The company's main businesses comprise of its platform and apps. Its platform business mainly includes AppLovin Core Technologies and AppLovin Software. Its apps consist of over 200 free-to-play mobile games in five genres, run by 12 studios including those owned by the company and also those it partners with. The five major game genres offering by the company include casual, hypercasual, match-three, midcore, and card/casino. No single game of the company contributed more than 16% of its total revenue in 2020.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0638b1ba5528bc65ee975156f3bcfd46\" tg-width=\"605\" tg-height=\"225\" referrerpolicy=\"no-referrer\"><span>Source: Company data</span></p><p>The company collects revenue from two sources including business clients and consumers. In 2020, business clients accounted for 49% of total revenue and consumers represented 51% of total revenue.</p><p><b>Business Clients:</b></p><ul><li>The company has a wide range of business clients including Facebook(NASDAQ:FB), Google, and a number of much smaller companies. It had 1,400 business clients at the end of 2020. Nearly 99% of the company's business revenue came from its 172 enterprise clients as of December 31, 2020. The company also had a solid customer retention rate of 118% in 2020 for its enterprise clients.</li><li>AppLovin Software is a comprehensive suite of tools for developers to get their mobile apps discovered and downloaded by the right users, optimize return on marketing spend, and maximize monetization of engagement. AppLovin Software reaches an audience of over 410 million users per day. The company's software solutions provide tools for mobile app developers to expand their businesses by optimizing and automating the marketing and monetization of their apps. Since inception, the company's platform has driven more than 6 billion mobile app installs.</li><li>The company's main software includes AppDiscovery and MAX. Business clients use AppDiscovery to automate, optimize, and manage their app user acquisition investments. They set marketing and user growth goals, and AppDiscovery optimizes their ad spend in an effort to achieve their return on advertising spend targets and other marketing objectives. AppDiscovery comprises the vast majority of revenue from its software.</li><li>Revenue is generated from the advertisers, typically on a performance-based, cost-per-install basis, and shared with the company's advertising publishers, typically on a cost per impression model. Business clients use MAX to optimize purchases of app ad inventory.</li><li>The Compass Analytics tool within MAX provides insights to manage against key performance indicators, understand the long-term value of users, and help manage profitability. Revenue from MAX is generated based on a percentage of client spend. Business clients that purchase advertising inventory from the company's Apps are able to target highly relevant users from its diverse and global portfolio of over 200 mobile games.</li></ul><p><b>Consumers:</b></p><ul><li>The company has also developed and invested in AppLovin Apps, which consist of a globally diversified portfolio of over 200 free-to-play mobile games. These Apps are accessed by nearly 32 million users every day. Consumer revenue is generated when the user of its apps makes an in-app purchase (IAP).</li><li>The company's apps are mostly free-to-play mobile games and generate consumer revenue through in-app purchase of virtual items which are used to enhance gameplay and improve the probabilities of the mobile game progression opportunities.</li><li>During the three months ended December 31, 2020, the company had an average of 2.1 million monthly active payers (MAPs) across its portfolio of apps. Over that period, the company had an average revenue per monthly active payer of $41.</li></ul><p><img src=\"https://static.tigerbbs.com/17a469e7db2359f56bb1fec2388f2826\" tg-width=\"555\" tg-height=\"454\" referrerpolicy=\"no-referrer\"><b>Major Competitors</b></p><p>In the mobile games and other mobile game app related businesses, the major competitors include Unity Software, Activision Blizzard, Tencent Holdings(OTCPK:TCEHY), and Zynga. In the advertising platform business, the company's major competitors include Facebook, Alphabet, and Amazon (AMZN). Many of these companies are also AppLovin's partners and customers. In addition to these mega companies, the company faces competition from thousands of smaller competitors worldwide.</p><p>Balance Sheet and Cash Flow Analysis</p><p>The company has a leveraged balance sheet. Net debt increased from $0.8 billion at the end of 2019 to $1.3 billion at the end of 2020. Net debt to adjusted EBITDA ratio also rose from 260% at the end of 2019 to 315% at the end of 2020. After KKR invested in the company in 2018, it appears that AppLovin was advised to add more leverage and expand the business more aggressively through numerous acquisitions. Through this IPO, the company's balance sheet will become much stronger.</p><p>The company generated positive cash flow from operations and free cash flow in the past two years. Its cash flow from operations and free cash flow averaged $211 million and $207 million, respectively, in 2019 and 2020.</p><p><b>Conclusion</b></p><p>AppLovin is one of the key beneficiaries of the surging growth of game-related mobile apps. Our base case valuation of AppLovin is EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8, which is about 17% higher than the high end of the IPO price range. In recent months, some of the major game-related IPOs including Roblox and Unity Software have done really well, although their share prices have come down from their recent highs. AppLovin will likely be compared against these stocks.</p><p>Despite AppLovin's decline in operating margins in 2020 due to higher operating expenses, it is more likely that investors will focus on the company's ability to continue to scale up the business and generate higher sales growth. There remains some uncertainty in terms of how quickly the company is willing to focus on the probability at the expense of lower sales growth. In addition, there are some concerns about the recent weakening sentiment on the tech-related IPOs.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AppLovin: Capitalizing On The Surging Growth Of Mobile Game Apps</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\">\nAppLovin: Capitalizing On The Surging Growth Of Mobile Game Apps\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 14:39 GMT+8 <a href=https://seekingalpha.com/article/4418129-applovin-capitalizing-growth-mobile-game-apps><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 million shares.At the high end of the IPO price range, the company is aiming to raise $2.1 billion, and...</p>\n\n<a href=\"https://seekingalpha.com/article/4418129-applovin-capitalizing-growth-mobile-game-apps\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APP":"AppLovin Corporation"},"source_url":"https://seekingalpha.com/article/4418129-applovin-capitalizing-growth-mobile-game-apps","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1125635474","content_text":"SummaryAppLovin announced its IPO price range of $75 to $85 per share. The company is selling 25 million shares.At the high end of the IPO price range, the company is aiming to raise $2.1 billion, and it would be valued at $30.4 billion.Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8.The company has been a key beneficiary of the surging growth of popular game apps.Despite strong sales growth, its operating margins worsened in 2020 due to higher operating expenses.Investment ThesisAppLovinAppLovin Corporation is one of the key beneficiaries of the exploding demand for mobile apps, especially for mobile games. The company's sales growth has been surging in recent years as the company has benefited from both organic growth and has been aggressive in making numerous acquisitions in the past three years.Most developers lack access to the marketing, monetization, and data analytics tools required to stand out among the more than 4.8 million mobile apps available on the Apple App Store(NASDAQ:AAPL)and Google Play Store(NASDAQ:GOOG)(NASDAQ:GOOGL). The company's products and services help many app developers to scale up their business and create a successful app that can be sustained long term. This is where the company's capabilities in app development, marketing, and analytics really stand out.There are more than 1.3 million mobile gaming apps on the Apple App Store and Google Play Store.Mobile gamingaccounts for 39% of worldwide app downloads and for 72% of all app store consumer spend by value, according to Sensor Tower.Although the company's operating margins declined in the past two years mainly due to higher operating expenses, we believe that the company's profit margins will turn around this year due to a combination of higher economies of scale and lower operating expenses as a percentage of revenues.Comparable Companies Valuation AnalysisIn the comparable companies valuation analysis, we used the following companies as comps to AppLovin:Unity Software (U)Roblox Corp. (RBLX)Activision Blizzard (ATVI)Zynga (ZNGA)Our base case valuation of AppLovin is an EV of $35.1 billion, implied market cap of $35.7 billion, and implied target price per share of $99.8. This represents 17% upside from the high end of the IPO price range of $85. We have a POSITIVE view of the AppLovin IPO.Our base case valuation of AppLovin is based on a 16x EV/S multiple (using 2021 sales estimate), which represents a 10% higher than the average EV/S multiple of the comps. It is also below the EV/S multiple of Unity Software and Roblox which trade at EV/S multiple of 26.8x and 19.2x, respectively.The comps' average sales growth in 2020 and 2021 are similar to the sales growth rates of AppLovin in this period. Among the comps, Roblox has the highest sales growth and Activision has the lowest sales growth in 2020 and 2021. Overall, we have assumed higher sales growth for AppLovin versus its peers in 2021 and 2022 and this is one of main reasons why we have applied a 10% higher valuation multiple than the comps.However, Roblox is trading at 19.2x EV/S in 2021 and we have applied a 16x EV/S multiple for AppLovin (17% lower valuation multiple than Roblox). We believe the market will attach a slightly higher valuation multiple for Roblox than AppLovin, mainly due to the former company's higher sales growth and operating margins in 2021, and its brand is more recognized worldwide.Income Statement ForecastAppLovin generated sales of $1,451.1 million and an operating loss of $62.1 million in 2020. The company's sales have nearly tripled from 2018 to 2020. The company's operating margins declined from 50.1% in 2018 to 19.5% in 2019 and -4.3% in 2020. The major reasons for the lower operating margins are due to higher cost of sales, sales & marketing, R&D, and other operating expenses as a percentage of sales.We estimate AppLovin to generate sales of $2.2 billion (up 51% YoY) and an operating profit of $65.2 million in 2021. From 2020 to 2025, we have assumed the company's sales to grow at a CAGR of 28.6%. We have also assumed the company's operating margin to turn positive to 3% in 2021 from -4.3% in 2020. We estimate its operating margins to improve further to 6.8% in 2022, 10.6% in 2023, and 17.8% in 2025. We estimate AppLovin to have sales of $5.1 billion and an operating profit of $0.9 billion in 2025.Company BackgroundThecompanyoriginally started its business helping customers to improve the smartphone customer experiences for all the users. In recent years, the company has become a much bigger player in the mobile gaming segment and it also helps developers to grow their users and improve the monetization of their apps.According to IDC, the company's totalmarket opportunityis estimated to be $189 billion in 2020, growing to $283 billion in 2024, representing a CAGR of 10.6% in this period. This total market size of $184 billion was derived by adding the worldwide total in-app advertising revenue of $101 billion (including gaming and non-gaming in-app display, video, and other advertising, but excluding in-app search advertising) and worldwide direct game spending of $88 billion for 2020.AppLovin has invested about $1 billion in 15 acquisitions and partnerships since 2018. It owns more than 200 free-to-play mobile games from 12 studios.AppLovinlaunched a gaming business unit called Lion Studios in July 2018. It also acquired a company called Max in September 2018. Max provides in-app bidding service, which is a type of advertising where mobile publishers can sell their ad inventory in an auction method). AppLovin also owns and operates gaming studios Machine Zone, Belka Games, PeopleFun and Firecraft Studios.In February 2021, AppLovin signed an agreement to purchase Adjust for $1 billion (including $598 million in cash and $352 million in convertible securities, and an assumption of up to $40 million in debt). Adjust is a leading mobile app analytics& marketing products company in Germany. Adjust provides tools to prevent mobile advertising fraud and better measure the user base. This acquisition is expected to close in 1H 2021.In the IPO prospectus, the company mentioned that it plans to use $75 million of its Class A common shares for charitable purposes. If the company raises $1 billion in the IPO, this would represent nearly 7.5% of total amount. This is a bit unusual to have this large number of shares allocated for charitable purposes. We applaud this move by the CEO and its senior management. Adam Foroughi, the co-founder and CEO of AppLovin, previously co-founded two advertising technology companies, Lifestreet Media Inc. and Social Hour Inc.AppLovin (Key Metrics)The table provides the company's key metrics. There has been a strong increase in the monthly active payers which jumped from 0.3 million in 2018 to 1.0 million in 2019 and 1.5 million in 2020. However, the enterprise clients declined from 192 in 2018 to 172 in 2020. The company defines its enterprise clients as third-party business clients from which it has collected more than $125,000 of revenue in the trailing 12 months. Average revenue per monthly active payer increased from $11 in 2018 to $32 in 2019 and $41 in 2020.The company's main businesses comprise of its platform and apps. Its platform business mainly includes AppLovin Core Technologies and AppLovin Software. Its apps consist of over 200 free-to-play mobile games in five genres, run by 12 studios including those owned by the company and also those it partners with. The five major game genres offering by the company include casual, hypercasual, match-three, midcore, and card/casino. No single game of the company contributed more than 16% of its total revenue in 2020.Source: Company dataThe company collects revenue from two sources including business clients and consumers. In 2020, business clients accounted for 49% of total revenue and consumers represented 51% of total revenue.Business Clients:The company has a wide range of business clients including Facebook(NASDAQ:FB), Google, and a number of much smaller companies. It had 1,400 business clients at the end of 2020. Nearly 99% of the company's business revenue came from its 172 enterprise clients as of December 31, 2020. The company also had a solid customer retention rate of 118% in 2020 for its enterprise clients.AppLovin Software is a comprehensive suite of tools for developers to get their mobile apps discovered and downloaded by the right users, optimize return on marketing spend, and maximize monetization of engagement. AppLovin Software reaches an audience of over 410 million users per day. The company's software solutions provide tools for mobile app developers to expand their businesses by optimizing and automating the marketing and monetization of their apps. Since inception, the company's platform has driven more than 6 billion mobile app installs.The company's main software includes AppDiscovery and MAX. Business clients use AppDiscovery to automate, optimize, and manage their app user acquisition investments. They set marketing and user growth goals, and AppDiscovery optimizes their ad spend in an effort to achieve their return on advertising spend targets and other marketing objectives. AppDiscovery comprises the vast majority of revenue from its software.Revenue is generated from the advertisers, typically on a performance-based, cost-per-install basis, and shared with the company's advertising publishers, typically on a cost per impression model. Business clients use MAX to optimize purchases of app ad inventory.The Compass Analytics tool within MAX provides insights to manage against key performance indicators, understand the long-term value of users, and help manage profitability. Revenue from MAX is generated based on a percentage of client spend. Business clients that purchase advertising inventory from the company's Apps are able to target highly relevant users from its diverse and global portfolio of over 200 mobile games.Consumers:The company has also developed and invested in AppLovin Apps, which consist of a globally diversified portfolio of over 200 free-to-play mobile games. These Apps are accessed by nearly 32 million users every day. Consumer revenue is generated when the user of its apps makes an in-app purchase (IAP).The company's apps are mostly free-to-play mobile games and generate consumer revenue through in-app purchase of virtual items which are used to enhance gameplay and improve the probabilities of the mobile game progression opportunities.During the three months ended December 31, 2020, the company had an average of 2.1 million monthly active payers (MAPs) across its portfolio of apps. Over that period, the company had an average revenue per monthly active payer of $41.Major CompetitorsIn the mobile games and other mobile game app related businesses, the major competitors include Unity Software, Activision Blizzard, Tencent Holdings(OTCPK:TCEHY), and Zynga. In the advertising platform business, the company's major competitors include Facebook, Alphabet, and Amazon (AMZN). Many of these companies are also AppLovin's partners and customers. In addition to these mega companies, the company faces competition from thousands of smaller competitors worldwide.Balance Sheet and Cash Flow AnalysisThe company has a leveraged balance sheet. Net debt increased from $0.8 billion at the end of 2019 to $1.3 billion at the end of 2020. Net debt to adjusted EBITDA ratio also rose from 260% at the end of 2019 to 315% at the end of 2020. After KKR invested in the company in 2018, it appears that AppLovin was advised to add more leverage and expand the business more aggressively through numerous acquisitions. Through this IPO, the company's balance sheet will become much stronger.The company generated positive cash flow from operations and free cash flow in the past two years. Its cash flow from operations and free cash flow averaged $211 million and $207 million, respectively, in 2019 and 2020.ConclusionAppLovin is one of the key beneficiaries of the surging growth of game-related mobile apps. Our base case valuation of AppLovin is EV of $35.1 billion, implied market cap of $35.7 billion, and target price per share of $99.8, which is about 17% higher than the high end of the IPO price range. In recent months, some of the major game-related IPOs including Roblox and Unity Software have done really well, although their share prices have come down from their recent highs. AppLovin will likely be compared against these stocks.Despite AppLovin's decline in operating margins in 2020 due to higher operating expenses, it is more likely that investors will focus on the company's ability to continue to scale up the business and generate higher sales growth. There remains some uncertainty in terms of how quickly the company is willing to focus on the probability at the expense of lower sales growth. In addition, there are some concerns about the recent weakening sentiment on the tech-related IPOs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364980076,"gmtCreate":1614793732695,"gmtModify":1704775391721,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/364980076","repostId":"1160849202","repostType":4,"repost":{"id":"1160849202","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614785336,"share":"https://ttm.financial/m/news/1160849202?lang=&edition=fundamental","pubTime":"2021-03-03 23:28","market":"us","language":"en","title":"U.S. stocks slip as economic data disappoints and bond yields spike","url":"https://stock-news.laohu8.com/highlight/detail?id=1160849202","media":"老虎资讯综合","summary":"(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the","content":"<p>(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the COVID-19 pandemic as the vaccine rollout accelerates.</p>\n<p><img src=\"https://static.tigerbbs.com/3399dfe258d8391f84cfd403172a6b33\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/b3f6210b94ae708b48a2dbc055aa5bea\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/1e4a2277b0adcc52237df985f028e475\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/f697a8cde91f6f6b2e373a8561965819\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/84bd8f37269d1bea7c373b3fa75cf423\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/218b9c2e63444d7e08607c1332b49c0e\" tg-width=\"1355\" tg-height=\"647\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks slip as economic data disappoints and bond yields spike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks slip as economic data disappoints and bond yields spike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-03 23:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the COVID-19 pandemic as the vaccine rollout accelerates.</p>\n<p><img src=\"https://static.tigerbbs.com/3399dfe258d8391f84cfd403172a6b33\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/b3f6210b94ae708b48a2dbc055aa5bea\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/1e4a2277b0adcc52237df985f028e475\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/f697a8cde91f6f6b2e373a8561965819\" tg-width=\"1359\" tg-height=\"676\"></p>\n<p><img src=\"https://static.tigerbbs.com/84bd8f37269d1bea7c373b3fa75cf423\" tg-width=\"659\" tg-height=\"288\"><img src=\"https://static.tigerbbs.com/218b9c2e63444d7e08607c1332b49c0e\" tg-width=\"1355\" tg-height=\"647\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160849202","content_text":"(March 3) U.S. stocks slip Wednesday, as a jobs report showed weaker-than-expected recovery from the COVID-19 pandemic as the vaccine rollout accelerates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365374537,"gmtCreate":1614699218829,"gmtModify":1704774257946,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365374537","repostId":"1117949321","repostType":4,"repost":{"id":"1117949321","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614695591,"share":"https://ttm.financial/m/news/1117949321?lang=&edition=fundamental","pubTime":"2021-03-02 22:33","market":"us","language":"en","title":"U.S. stocks edge up at Tuesday's open; Dow up 0.13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1117949321","media":"老虎资讯综合","summary":"(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March ","content":"<p>(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal stimulus.</p><p>The Dow rises 0.13%, the S&P 500 up 0.07%, and the Nasdaq Composite advances 0.07%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fded18f41f1d3abb18ef32f55452b7b9\" tg-width=\"1242\" tg-height=\"548\"><span>*Source From Tiger Trade, EST 09:30</span></p><p>On Monday, the S&P 500 jumped by 2.4% for its best session since June 2020, while the Nasdaq jumped 3% to recuperate some losses after technology stocks slumped last week. Shares of Zoom Video Communications (ZM), a darling of the \"stay-at-home\" trade, jumped more than 7% overnight after the company delivered earnings results and guidance that far exceeded expectations,helping assuage fears of a slowdown as more in-person activities resume.</p><p>The10-year Treasury yield, a point of focus lately for equity investors, was flat at 1.45%.</p><p>Shares of Target gained 0.5%after reporting booming sales. Though the retailer declined to provide a forecast for 2021.</p><p>U.S. equitiesbegan March on a strong note on Mondaywith theS&P 500up 2.38%, theDow Jones Industrial Averageadding 1.95% and the tech-heavyNasdaq Compositejumping just over 3% after shedding 4.9% last week.</p><p>All 11 S&P sectors finished in the green and the S&P 500 posted its best day since June 5. Both the Dow and the Nasdaq clinched their best trading day since November.</p><p>Economically sensitive, cyclical sectors like energy and financials continued to outperform the broader market amid optimism about vaccines and economic resurgence. Meanwhile, a pause in the market for U.S. debt allowed high-growth tech names to recoup a sizable portion of their recent losses. Facebook added 2.8%, Apple rose 5.4% and Tesla climbed 6.4%.</p><p>The 10-year yield, which had kept investors on edge for much of last week, dipped to a session low of 1.41% Monday before drifting back near the flatline. The 10-year yield stabilized around that level, below its high of 1.6% last week, which encouraged investors last week's rapid rise in borrowing costs has abated for now.</p><p>\"Anxiety over yields appeared largely responsible for a 3% retreat in the S&P 500 from a record high in the middle of\" February, Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note.</p><p>\"We expect this interruption to the equity rally to be temporary and believe investors should put the pullback in context,\" he added. \"The rise in yields has been led by optimism over growth, not inflation worries, and so doesn't yet pose a threat to risk assets.\"</p><p>Investors on Tuesday will pore over comments made by both Securities and Exchange Commission Chair nominee Gary Gensler and Federal Reserve Governor Lael Brainard.</p><p>Gensler will testify before the Senate Banking Committee at 10 a.m. ET while Brainard will deliver a speech entitled \"U.S. Economic Outlook and Monetary Policy\" via a virtual meeting hosted by the Council on Foreign Relations.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks edge up at Tuesday's open; Dow up 0.13%</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; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks edge up at Tuesday's open; Dow up 0.13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-02 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal stimulus.</p><p>The Dow rises 0.13%, the S&P 500 up 0.07%, and the Nasdaq Composite advances 0.07%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fded18f41f1d3abb18ef32f55452b7b9\" tg-width=\"1242\" tg-height=\"548\"><span>*Source From Tiger Trade, EST 09:30</span></p><p>On Monday, the S&P 500 jumped by 2.4% for its best session since June 2020, while the Nasdaq jumped 3% to recuperate some losses after technology stocks slumped last week. Shares of Zoom Video Communications (ZM), a darling of the \"stay-at-home\" trade, jumped more than 7% overnight after the company delivered earnings results and guidance that far exceeded expectations,helping assuage fears of a slowdown as more in-person activities resume.</p><p>The10-year Treasury yield, a point of focus lately for equity investors, was flat at 1.45%.</p><p>Shares of Target gained 0.5%after reporting booming sales. Though the retailer declined to provide a forecast for 2021.</p><p>U.S. equitiesbegan March on a strong note on Mondaywith theS&P 500up 2.38%, theDow Jones Industrial Averageadding 1.95% and the tech-heavyNasdaq Compositejumping just over 3% after shedding 4.9% last week.</p><p>All 11 S&P sectors finished in the green and the S&P 500 posted its best day since June 5. Both the Dow and the Nasdaq clinched their best trading day since November.</p><p>Economically sensitive, cyclical sectors like energy and financials continued to outperform the broader market amid optimism about vaccines and economic resurgence. Meanwhile, a pause in the market for U.S. debt allowed high-growth tech names to recoup a sizable portion of their recent losses. Facebook added 2.8%, Apple rose 5.4% and Tesla climbed 6.4%.</p><p>The 10-year yield, which had kept investors on edge for much of last week, dipped to a session low of 1.41% Monday before drifting back near the flatline. The 10-year yield stabilized around that level, below its high of 1.6% last week, which encouraged investors last week's rapid rise in borrowing costs has abated for now.</p><p>\"Anxiety over yields appeared largely responsible for a 3% retreat in the S&P 500 from a record high in the middle of\" February, Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note.</p><p>\"We expect this interruption to the equity rally to be temporary and believe investors should put the pullback in context,\" he added. \"The rise in yields has been led by optimism over growth, not inflation worries, and so doesn't yet pose a threat to risk assets.\"</p><p>Investors on Tuesday will pore over comments made by both Securities and Exchange Commission Chair nominee Gary Gensler and Federal Reserve Governor Lael Brainard.</p><p>Gensler will testify before the Senate Banking Committee at 10 a.m. ET while Brainard will deliver a speech entitled \"U.S. Economic Outlook and Monetary Policy\" via a virtual meeting hosted by the Council on Foreign Relations.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117949321","content_text":"(March 2) Wall Street’s main indexes opened little changed on Tuesday after a strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal stimulus.The Dow rises 0.13%, the S&P 500 up 0.07%, and the Nasdaq Composite advances 0.07%.*Source From Tiger Trade, EST 09:30On Monday, the S&P 500 jumped by 2.4% for its best session since June 2020, while the Nasdaq jumped 3% to recuperate some losses after technology stocks slumped last week. Shares of Zoom Video Communications (ZM), a darling of the \"stay-at-home\" trade, jumped more than 7% overnight after the company delivered earnings results and guidance that far exceeded expectations,helping assuage fears of a slowdown as more in-person activities resume.The10-year Treasury yield, a point of focus lately for equity investors, was flat at 1.45%.Shares of Target gained 0.5%after reporting booming sales. Though the retailer declined to provide a forecast for 2021.U.S. equitiesbegan March on a strong note on Mondaywith theS&P 500up 2.38%, theDow Jones Industrial Averageadding 1.95% and the tech-heavyNasdaq Compositejumping just over 3% after shedding 4.9% last week.All 11 S&P sectors finished in the green and the S&P 500 posted its best day since June 5. Both the Dow and the Nasdaq clinched their best trading day since November.Economically sensitive, cyclical sectors like energy and financials continued to outperform the broader market amid optimism about vaccines and economic resurgence. Meanwhile, a pause in the market for U.S. debt allowed high-growth tech names to recoup a sizable portion of their recent losses. Facebook added 2.8%, Apple rose 5.4% and Tesla climbed 6.4%.The 10-year yield, which had kept investors on edge for much of last week, dipped to a session low of 1.41% Monday before drifting back near the flatline. The 10-year yield stabilized around that level, below its high of 1.6% last week, which encouraged investors last week's rapid rise in borrowing costs has abated for now.\"Anxiety over yields appeared largely responsible for a 3% retreat in the S&P 500 from a record high in the middle of\" February, Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note.\"We expect this interruption to the equity rally to be temporary and believe investors should put the pullback in context,\" he added. \"The rise in yields has been led by optimism over growth, not inflation worries, and so doesn't yet pose a threat to risk assets.\"Investors on Tuesday will pore over comments made by both Securities and Exchange Commission Chair nominee Gary Gensler and Federal Reserve Governor Lael Brainard.Gensler will testify before the Senate Banking Committee at 10 a.m. ET while Brainard will deliver a speech entitled \"U.S. Economic Outlook and Monetary Policy\" via a virtual meeting hosted by the Council on Foreign Relations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837481257,"gmtCreate":1629905312479,"gmtModify":1676530169367,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Can’t buy ","listText":"Can’t buy ","text":"Can’t buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837481257","isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198012592,"gmtCreate":1620913714816,"gmtModify":1704350372964,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HITIF\">$High Tide Inc.(HITIF)$</a>So many stocks cannot buy... what happen?","listText":"<a href=\"https://laohu8.com/S/HITIF\">$High Tide Inc.(HITIF)$</a>So many stocks cannot buy... what happen?","text":"$High Tide Inc.(HITIF)$So many stocks cannot buy... what happen?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198012592","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108016213,"gmtCreate":1619960021232,"gmtModify":1704336783866,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HCMC\">$Healthier Choices Management Corp.(HCMC)$</a>Going up to the ? ","listText":"<a href=\"https://laohu8.com/S/HCMC\">$Healthier Choices Management Corp.(HCMC)$</a>Going up to the ? ","text":"$Healthier Choices Management Corp.(HCMC)$Going up to the ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108016213","isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136786311,"gmtCreate":1622039745033,"gmtModify":1704178369745,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"We shall see... not forgetting other big n established brands ","listText":"We shall see... not forgetting other big n established brands ","text":"We shall see... not forgetting other big n established brands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136786311","repostId":"2138486271","repostType":4,"repost":{"id":"2138486271","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=fundamental","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</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\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8 <a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105574989,"gmtCreate":1620313630741,"gmtModify":1704341875890,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/IBIO\">$iBio(IBIO)$</a>Hold on n wait for it to rebound ","listText":"<a href=\"https://laohu8.com/S/IBIO\">$iBio(IBIO)$</a>Hold on n wait for it to rebound ","text":"$iBio(IBIO)$Hold on n wait for it to rebound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105574989","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121129798,"gmtCreate":1624457055714,"gmtModify":1703837301104,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Omg ? bottomless pit ","listText":"Omg ? bottomless pit ","text":"Omg ? bottomless pit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121129798","isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166717883,"gmtCreate":1624025109542,"gmtModify":1703826927579,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Oh no …. my holdings are in red ","listText":"Oh no …. my holdings are in red ","text":"Oh no …. my holdings are in red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166717883","repostId":"1118271544","repostType":4,"repost":{"id":"1118271544","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":1624023029,"share":"https://ttm.financial/m/news/1118271544?lang=&edition=fundamental","pubTime":"2021-06-18 21:30","market":"us","language":"en","title":"Dow drops 400 points at the open, extending losses in its worst week since January","url":"https://stock-news.laohu8.com/highlight/detail?id=1118271544","media":"Tiger Newspress","summary":"U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week sinc","content":"<p>U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week since January, as bank shares led the market sell-off after the Federal Reserve's latest policy update.</p>\n<p>The blue-chip average dropped 400 points, bringing its week-to-date losses to 2.8% The S&P 500 fell 0.8%, pushing its loss this week to more than 1%. The tech-heavy Nasdaq Composite dipped 0.5%.</p>\n<p>Stocks extended their losses asSt. Louis Fed President Jim Bullard said on CNBCthat it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022.</p>\n<p>Wall Street registered losses as the Federal Reserve on Wednesday afternoon added two rate hikes to its 2023 forecast and increased its inflation projection for the year.</p>\n<p>The decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve where the yields of shorter-duration Treasurys, like the 2-year note, rose, while longer duration yields, such as the benchmark 10-year, fell. The retreat in long-dated bonds reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.</p>\n<p>This phenomenon is hurting bank stocks particularly as bank earnings could take a hit when the spread between short-term and long-term rates narrows. Goldman Sachs shares fell more than 1% Friday, while JPMorgan and Morgan Stanley also traded in the red.</p>\n<p>Fed Chairman Jerome Powell said on Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.</p>\n<p>\"Investors may be interpreting the Fed's hawkish tilt Wednesday as a sign that an extended US post-pandemic economic expansion may be a bit harder to achieve in a potentially emerging environment of less accommodative monetary policy,\" said Goldman Sachs' Chris Hussey in a note.</p>\n<p>Most commodities prices rebounded a bit on Friday followingsharp declines this week as China attempts to cool rising prices and the U.S. dollar strengthens. Futures prices for copper, gold, and platinum rebounded Friday, but were still down big for the week.</p>\n<p>Chip stocks, which have had a good week, looked set to continue their run on Friday with shares of Nvidia higher by about 1%.</p>\n<p>Adobe shares gained about 3% after earnings and revenue topped estimates.</p>\n<p>Friday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow drops 400 points at the open, extending losses in its worst week since January</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow drops 400 points at the open, extending losses in its worst week since January\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-18 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week since January, as bank shares led the market sell-off after the Federal Reserve's latest policy update.</p>\n<p>The blue-chip average dropped 400 points, bringing its week-to-date losses to 2.8% The S&P 500 fell 0.8%, pushing its loss this week to more than 1%. The tech-heavy Nasdaq Composite dipped 0.5%.</p>\n<p>Stocks extended their losses asSt. Louis Fed President Jim Bullard said on CNBCthat it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022.</p>\n<p>Wall Street registered losses as the Federal Reserve on Wednesday afternoon added two rate hikes to its 2023 forecast and increased its inflation projection for the year.</p>\n<p>The decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve where the yields of shorter-duration Treasurys, like the 2-year note, rose, while longer duration yields, such as the benchmark 10-year, fell. The retreat in long-dated bonds reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.</p>\n<p>This phenomenon is hurting bank stocks particularly as bank earnings could take a hit when the spread between short-term and long-term rates narrows. Goldman Sachs shares fell more than 1% Friday, while JPMorgan and Morgan Stanley also traded in the red.</p>\n<p>Fed Chairman Jerome Powell said on Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.</p>\n<p>\"Investors may be interpreting the Fed's hawkish tilt Wednesday as a sign that an extended US post-pandemic economic expansion may be a bit harder to achieve in a potentially emerging environment of less accommodative monetary policy,\" said Goldman Sachs' Chris Hussey in a note.</p>\n<p>Most commodities prices rebounded a bit on Friday followingsharp declines this week as China attempts to cool rising prices and the U.S. dollar strengthens. Futures prices for copper, gold, and platinum rebounded Friday, but were still down big for the week.</p>\n<p>Chip stocks, which have had a good week, looked set to continue their run on Friday with shares of Nvidia higher by about 1%.</p>\n<p>Adobe shares gained about 3% after earnings and revenue topped estimates.</p>\n<p>Friday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118271544","content_text":"U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week since January, as bank shares led the market sell-off after the Federal Reserve's latest policy update.\nThe blue-chip average dropped 400 points, bringing its week-to-date losses to 2.8% The S&P 500 fell 0.8%, pushing its loss this week to more than 1%. The tech-heavy Nasdaq Composite dipped 0.5%.\nStocks extended their losses asSt. Louis Fed President Jim Bullard said on CNBCthat it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022.\nWall Street registered losses as the Federal Reserve on Wednesday afternoon added two rate hikes to its 2023 forecast and increased its inflation projection for the year.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve where the yields of shorter-duration Treasurys, like the 2-year note, rose, while longer duration yields, such as the benchmark 10-year, fell. The retreat in long-dated bonds reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon is hurting bank stocks particularly as bank earnings could take a hit when the spread between short-term and long-term rates narrows. Goldman Sachs shares fell more than 1% Friday, while JPMorgan and Morgan Stanley also traded in the red.\nFed Chairman Jerome Powell said on Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"Investors may be interpreting the Fed's hawkish tilt Wednesday as a sign that an extended US post-pandemic economic expansion may be a bit harder to achieve in a potentially emerging environment of less accommodative monetary policy,\" said Goldman Sachs' Chris Hussey in a note.\nMost commodities prices rebounded a bit on Friday followingsharp declines this week as China attempts to cool rising prices and the U.S. dollar strengthens. Futures prices for copper, gold, and platinum rebounded Friday, but were still down big for the week.\nChip stocks, which have had a good week, looked set to continue their run on Friday with shares of Nvidia higher by about 1%.\nAdobe shares gained about 3% after earnings and revenue topped estimates.\nFriday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188187352,"gmtCreate":1623424391476,"gmtModify":1704203431713,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Oh my god ","listText":"Oh my god ","text":"Oh my god","images":[{"img":"https://static.tigerbbs.com/cd7e793f1d03ad4ffe8cb79e4801d7c8","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188187352","isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":195190448,"gmtCreate":1621260670484,"gmtModify":1704354818077,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195190448","repostId":"195105653","repostType":1,"repost":{"id":195105653,"gmtCreate":1621260540472,"gmtModify":1704354815135,"author":{"id":"3573971113254192","authorId":"3573971113254192","authorIdStr":"3573971113254192","name":"bluewhale","avatar":"https://static.tigerbbs.com/f956546e05fbd656a11adf6d2823a91a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573971113254192"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>finally going up[財迷] ","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>finally going up[財迷] ","text":"$Sundial Growers Inc.(SNDL)$finally going up[財迷]","images":[{"img":"https://static.tigerbbs.com/b79196c3776a503394d2de5a33933dc6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195105653","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102030820,"gmtCreate":1620166371660,"gmtModify":1704339457971,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"? ","listText":"? ","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102030820","repostId":"2132510298","repostType":2,"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321946131,"gmtCreate":1615390636223,"gmtModify":1704782180035,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"hold tight n aim high ","listText":"hold tight n aim high ","text":"hold tight n aim high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321946131","isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362991100,"gmtCreate":1614583468300,"gmtModify":1704772672982,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362991100","repostId":"1140907630","repostType":4,"repost":{"id":"1140907630","pubTimestamp":1614569389,"share":"https://ttm.financial/m/news/1140907630?lang=&edition=fundamental","pubTime":"2021-03-01 11:29","market":"us","language":"en","title":"Berkshire’s Busy 2020 Broke a Record Despite Lack of Major Deals","url":"https://stock-news.laohu8.com/highlight/detail?id=1140907630","media":"bloomberg","summary":"Read more about Berkshire’s letter hereWarren Buffett made no splashy deals in 2020, and he didn’t w","content":"<p><a href=\"https://laohu8.com/NW/2114358303\" target=\"_blank\">Read more about Berkshire’s letter here</a></p><p>Warren Buffett made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year oldbillionaire was hardly inactive.</p><p>Berkshire Hathaway Inc. was firing up another engine: stocks -- both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile. It also almost doubled the volume of buying and selling of other stocks compared to 2019.</p><p>The moves signal a carefully forged path in markets sent convulsing by the pandemic and then lifted by stimulus that’s paved the way for heavy retail trading and an unprecedented SPAC boom. And Buffett is sticking close to home -- ultimately becoming a net seller of shares in other companies for the first time since 2016, while his prolific repurchases of Berkshire stock continued into this year with at least $4.2 billion of buybacks through mid-February, according to a regulatory filing Saturday.</p><p>“Last year we demonstrated our enthusiasm for Berkshire’s spread of properties by repurchasing the equivalent of 80,998 ‘A’ shares,” Buffett said in the letter released Saturday. “That action increased your ownership in all of Berkshire’s businesses by 5.2% without requiring you to so much as touch your wallet.”</p><p>Buffett's War Chest</p><p>Berkshire held more than $138 billion in cash at the end of last year</p><p>Source: Company filings</p><p>Buffett spent a sizable portion of Saturday’s letter delving into buybacks, a substantial shift for an investor who previously had largely shunned the practice and instead favored purchasing big businesses or stocks of other companies. Heloosenedthe buyback policy in 2018 as Berkshire’s cash pile kept reaching new heights. And Berkshire stock, which has underperformed the broader market in recent years, continued that trend last year with shares just gaining 2.4% compared to the 16% rally in the S&P 500 Index.</p><p>Buffett had long been careful with buybacks, a trait that harkens back to his days running a partnership. In his letter released in 2019 after the buyback change, he made it clear that he wants investors to be fully informed about the company before they decide to sell their shares back to the firm.</p><p>He spent his recent letter acknowledging that there were investors, including index funds, professional managers and individuals, who were required to hold some Berkshire shares or would be likely to come and go based on their investing judgment. He’d still stick by the investors who want to invest for the long term, he added.</p><p>“Charlie and I would be less than human if we did notfeela special kinship with our fifth bucket: the million-plus individual investors who simply trust us to represent their interests, whatever the future may bring,” Buffett said in his letter released Saturday, referring to long-time business partner, Charlie Munger. “They have joined us with no intent to leave, adopting a mindset similar to that held by our original partners.”</p><p>Cash Pile</p><p>Berkshire still has more than $138 billion in cash to deploy. A portion of the never-ending cash flow will be sucked up by two of its businesses, the railroad and energy operations, and Buffett said the incremental investment will probably generate “appropriate” returns. Railroad BNSF has invested $41 billion in fixed assets, and has paid $41.8 billion in dividends to the conglomerate since its purchase in 2010, Buffett said in his letter.</p><p>While the attractiveness of share buybacks might come or go based on the market’s price for Berkshire, the conglomerate still has those two large operations that continuously help reinvest funds, according to shareholder Thomas Russo. That, Russo argues, helps ease the pressure on Berkshire to do an “elephant-sized acquisition” to generate more returns.</p><p>“He doesn’t really have to find the elephant because he has two elephants already corralled that need to be fed,” said Russo, who oversees a portfolio including Berkshire at investment adviser Gardner Russo & Gardner. “One of them is Burlington Northern and one of them is Berkshire Hathaway Energy. He can deploy tens of billions of dollars on an ongoing basis, bringing bothup tostandard,” and then still have funds to deploy in an acquisition.</p><p>One of Berkshire’s top three most valuable assets these days is actually a $120 billion holding of Apple Inc. shares, an investment he likened in importance to the railroad. Berkshire hasended upwith an even larger portion of the company’s shares thanks in part to Apple’s own appetite for buybacks, Buffett acknowledged in the letter.</p><p>What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand Terms of Service.</p><p>“He’s redefined what an elephant can be,” said James Armstrong, who manages assets including Berkshire shares as president of Henry H. Armstrong Associates. “An elephant can be thought of as a 5.4% interest in Apple.”</p><p>Some of Berkshire’s major tweaks to its $281 billion stock portfolio last year were done to reposition its holdings. Throughout 2020, Buffett’s company cut its holdings in banks, insurance and finance firms -- an exposure that constituted more than 41% of the portfolio at the end of 2019 -- to just 24% of the portfolio by the end of last year. He alsodumpedhis airline stocks earlier in the pandemic.</p><p>Chevron, Verizon</p><p>The company did find stocks tobuylast year, including two large stakes in Chevron Corp. and Verizon Communications Inc., plus some purchases of pharmaceutical companies. Berkshire alsobought$6 billion worth of stock in five of Japan’s biggest trading companies.</p><p>“He’s been a net seller, however, more recently it seems like he’s identified some opportunities, buying blocks of Japanese industrial stocks” and some health care stocks, Jim Shanahan, an analyst at Edward D. Jones & Co., said in an interview. “He is finding some value given all the limitations. He can’t put a substantial amount of capital to work into any individual stock unless it’s a large one. But being willing to consider investments in a basket of similar companies creates a little bit more opportunity for them too.”</p><p>Buffett made little mention in this year’s letter about one of the looming questions over the conglomerate: Succession. The investor, who’sreceivedhis coronavirus vaccine, proved he’s still willing to travel by announcing he’ll head to Los Angeles to film this year’s annual meeting alongside Munger, 97, who wasn’t able to make it to last year’s event in Omaha, Nebraska.</p><p>“This year our meeting will be held in Los Angeles. . .and Charlie will be on stage with me offering answers and observations throughout the 3 1/2-hour question period,” Buffett said in the letter. “I missed him last year and, more important, you clearly missed him.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire’s Busy 2020 Broke a Record Despite Lack of Major Deals</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\">\nBerkshire’s Busy 2020 Broke a Record Despite Lack of Major Deals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 11:29 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-02-28/berkshire-s-busy-2020-broke-a-record-despite-lack-of-major-deals><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Read more about Berkshire’s letter hereWarren Buffett made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-28/berkshire-s-busy-2020-broke-a-record-despite-lack-of-major-deals\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/480431b5715196c0e96044cc36788e36","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-28/berkshire-s-busy-2020-broke-a-record-despite-lack-of-major-deals","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140907630","content_text":"Read more about Berkshire’s letter hereWarren Buffett made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year oldbillionaire was hardly inactive.Berkshire Hathaway Inc. was firing up another engine: stocks -- both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile. It also almost doubled the volume of buying and selling of other stocks compared to 2019.The moves signal a carefully forged path in markets sent convulsing by the pandemic and then lifted by stimulus that’s paved the way for heavy retail trading and an unprecedented SPAC boom. And Buffett is sticking close to home -- ultimately becoming a net seller of shares in other companies for the first time since 2016, while his prolific repurchases of Berkshire stock continued into this year with at least $4.2 billion of buybacks through mid-February, according to a regulatory filing Saturday.“Last year we demonstrated our enthusiasm for Berkshire’s spread of properties by repurchasing the equivalent of 80,998 ‘A’ shares,” Buffett said in the letter released Saturday. “That action increased your ownership in all of Berkshire’s businesses by 5.2% without requiring you to so much as touch your wallet.”Buffett's War ChestBerkshire held more than $138 billion in cash at the end of last yearSource: Company filingsBuffett spent a sizable portion of Saturday’s letter delving into buybacks, a substantial shift for an investor who previously had largely shunned the practice and instead favored purchasing big businesses or stocks of other companies. Heloosenedthe buyback policy in 2018 as Berkshire’s cash pile kept reaching new heights. And Berkshire stock, which has underperformed the broader market in recent years, continued that trend last year with shares just gaining 2.4% compared to the 16% rally in the S&P 500 Index.Buffett had long been careful with buybacks, a trait that harkens back to his days running a partnership. In his letter released in 2019 after the buyback change, he made it clear that he wants investors to be fully informed about the company before they decide to sell their shares back to the firm.He spent his recent letter acknowledging that there were investors, including index funds, professional managers and individuals, who were required to hold some Berkshire shares or would be likely to come and go based on their investing judgment. He’d still stick by the investors who want to invest for the long term, he added.“Charlie and I would be less than human if we did notfeela special kinship with our fifth bucket: the million-plus individual investors who simply trust us to represent their interests, whatever the future may bring,” Buffett said in his letter released Saturday, referring to long-time business partner, Charlie Munger. “They have joined us with no intent to leave, adopting a mindset similar to that held by our original partners.”Cash PileBerkshire still has more than $138 billion in cash to deploy. A portion of the never-ending cash flow will be sucked up by two of its businesses, the railroad and energy operations, and Buffett said the incremental investment will probably generate “appropriate” returns. Railroad BNSF has invested $41 billion in fixed assets, and has paid $41.8 billion in dividends to the conglomerate since its purchase in 2010, Buffett said in his letter.While the attractiveness of share buybacks might come or go based on the market’s price for Berkshire, the conglomerate still has those two large operations that continuously help reinvest funds, according to shareholder Thomas Russo. That, Russo argues, helps ease the pressure on Berkshire to do an “elephant-sized acquisition” to generate more returns.“He doesn’t really have to find the elephant because he has two elephants already corralled that need to be fed,” said Russo, who oversees a portfolio including Berkshire at investment adviser Gardner Russo & Gardner. “One of them is Burlington Northern and one of them is Berkshire Hathaway Energy. He can deploy tens of billions of dollars on an ongoing basis, bringing bothup tostandard,” and then still have funds to deploy in an acquisition.One of Berkshire’s top three most valuable assets these days is actually a $120 billion holding of Apple Inc. shares, an investment he likened in importance to the railroad. Berkshire hasended upwith an even larger portion of the company’s shares thanks in part to Apple’s own appetite for buybacks, Buffett acknowledged in the letter.What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand Terms of Service.“He’s redefined what an elephant can be,” said James Armstrong, who manages assets including Berkshire shares as president of Henry H. Armstrong Associates. “An elephant can be thought of as a 5.4% interest in Apple.”Some of Berkshire’s major tweaks to its $281 billion stock portfolio last year were done to reposition its holdings. Throughout 2020, Buffett’s company cut its holdings in banks, insurance and finance firms -- an exposure that constituted more than 41% of the portfolio at the end of 2019 -- to just 24% of the portfolio by the end of last year. He alsodumpedhis airline stocks earlier in the pandemic.Chevron, VerizonThe company did find stocks tobuylast year, including two large stakes in Chevron Corp. and Verizon Communications Inc., plus some purchases of pharmaceutical companies. Berkshire alsobought$6 billion worth of stock in five of Japan’s biggest trading companies.“He’s been a net seller, however, more recently it seems like he’s identified some opportunities, buying blocks of Japanese industrial stocks” and some health care stocks, Jim Shanahan, an analyst at Edward D. Jones & Co., said in an interview. “He is finding some value given all the limitations. He can’t put a substantial amount of capital to work into any individual stock unless it’s a large one. But being willing to consider investments in a basket of similar companies creates a little bit more opportunity for them too.”Buffett made little mention in this year’s letter about one of the looming questions over the conglomerate: Succession. The investor, who’sreceivedhis coronavirus vaccine, proved he’s still willing to travel by announcing he’ll head to Los Angeles to film this year’s annual meeting alongside Munger, 97, who wasn’t able to make it to last year’s event in Omaha, Nebraska.“This year our meeting will be held in Los Angeles. . .and Charlie will be on stage with me offering answers and observations throughout the 3 1/2-hour question period,” Buffett said in the letter. “I missed him last year and, more important, you clearly missed him.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362991033,"gmtCreate":1614583403722,"gmtModify":1704772672820,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362991033","repostId":"1172415383","repostType":4,"repost":{"id":"1172415383","pubTimestamp":1614580819,"share":"https://ttm.financial/m/news/1172415383?lang=&edition=fundamental","pubTime":"2021-03-01 14:40","market":"us","language":"en","title":"Oil Pushes Higher as Critical OPEC+ Meeting Looms, Dollar Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1172415383","media":"Bloomberg","summary":"(Bloomberg) -- Oil demonstrated its resilience in the week’s opening session, rebounding from the bi","content":"<p>(Bloomberg) -- Oil demonstrated its resilience in the week’s opening session, rebounding from the biggest slump since November ahead of a key OPEC+ meeting that may see some supply returned to a fast-tightening market.</p>\n<p>Futures in New York rose toward $63 a barrel after losing 3.2% on Friday. The alliance gathers on Thursday and is expected to return some barrels after prices got off to their best ever start to a year. But it’s unclear how robustly the group will act, with the Saudi Arabian energy minister calling for producers to remain “extremely cautious.” A weaker dollar also supported crude.</p>\n<p>Oil’s recovery from the impact of the pandemic has been driven by Asian demand, as well as fiscal and monetary stimulus. Data Monday showed most key manufacturing economies gained ground last month, with China staying in expansionary territory. In the U.S., President Joe Biden’s $1.9 trillion relief plan moved closer to realization after passing the House of Representatives.</p>\n<p>Saudi Arabia’s reductions, the improving demand outlook as vaccines are rolled out, and the growing popularity of commodities as a hedge against inflation have pushed oil higher this year. There has been a raft of bullish calls in recent weeks predicting the rally will continue as the producer response trails consumption, while maintenance in North Sea fields is set to reduce supply.</p>\n<p>“The OPEC+ meeting is very important,” said Michael McCarthy, chief markets strategist at CMC Markets Asia Pacific. The “market could remain easily positive in the face of a modest increase in OPEC+ production. If there is a large increase, then it could dampen the outlook in the short term,” he said.</p>\n<p>At stake in the meeting is how much OPEC+ output gets restored and how fast, with current reductions amounting to just over 7 million barrels a day, or 7% of global supply. The 23-nation coalition will decide whether to revive a 500,000-barrel tranche in April, and in addition, whether the Saudis confirm an extra 1 million barrels they’ve taken offline will return as scheduled.</p>\n<p>Brent’s prompt timespread was 72 cents a barrel in backwardation, a bullish structure with near-dated prices above later-dated ones. That compares with 25 cents at the start of February and a discount at the beginning of the year.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Pushes Higher as Critical OPEC+ Meeting Looms, Dollar Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Pushes Higher as Critical OPEC+ Meeting Looms, Dollar Eases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 14:40 GMT+8 <a href=https://finance.yahoo.com/news/oil-resumes-climb-traders-look-234600431.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil demonstrated its resilience in the week’s opening session, rebounding from the biggest slump since November ahead of a key OPEC+ meeting that may see some supply returned to a fast-...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-resumes-climb-traders-look-234600431.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-resumes-climb-traders-look-234600431.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172415383","content_text":"(Bloomberg) -- Oil demonstrated its resilience in the week’s opening session, rebounding from the biggest slump since November ahead of a key OPEC+ meeting that may see some supply returned to a fast-tightening market.\nFutures in New York rose toward $63 a barrel after losing 3.2% on Friday. The alliance gathers on Thursday and is expected to return some barrels after prices got off to their best ever start to a year. But it’s unclear how robustly the group will act, with the Saudi Arabian energy minister calling for producers to remain “extremely cautious.” A weaker dollar also supported crude.\nOil’s recovery from the impact of the pandemic has been driven by Asian demand, as well as fiscal and monetary stimulus. Data Monday showed most key manufacturing economies gained ground last month, with China staying in expansionary territory. In the U.S., President Joe Biden’s $1.9 trillion relief plan moved closer to realization after passing the House of Representatives.\nSaudi Arabia’s reductions, the improving demand outlook as vaccines are rolled out, and the growing popularity of commodities as a hedge against inflation have pushed oil higher this year. There has been a raft of bullish calls in recent weeks predicting the rally will continue as the producer response trails consumption, while maintenance in North Sea fields is set to reduce supply.\n“The OPEC+ meeting is very important,” said Michael McCarthy, chief markets strategist at CMC Markets Asia Pacific. The “market could remain easily positive in the face of a modest increase in OPEC+ production. If there is a large increase, then it could dampen the outlook in the short term,” he said.\nAt stake in the meeting is how much OPEC+ output gets restored and how fast, with current reductions amounting to just over 7 million barrels a day, or 7% of global supply. The 23-nation coalition will decide whether to revive a 500,000-barrel tranche in April, and in addition, whether the Saudis confirm an extra 1 million barrels they’ve taken offline will return as scheduled.\nBrent’s prompt timespread was 72 cents a barrel in backwardation, a bullish structure with near-dated prices above later-dated ones. That compares with 25 cents at the start of February and a discount at the beginning of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202300319850736,"gmtCreate":1690423308265,"gmtModify":1690423309984,"author":{"id":"3574395064383783","authorId":"3574395064383783","authorIdStr":"3574395064383783","name":"SKC78","avatar":"https://static.tigerbbs.com/bbb9e784e6c8eb2987c3190d5596f5c9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395064383783"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AIY.SI\">$IFAST CORPORATION LTD.(AIY.SI)$ </a>","listText":"<a href=\"https://ttm.financial/S/AIY.SI\">$IFAST CORPORATION LTD.(AIY.SI)$ </a>","text":"$IFAST CORPORATION LTD.(AIY.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202300319850736","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}