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2021-04-26

$Canaan Inc.(CAN)$Flying due to bitcoin?

2021-03-16

Hmm

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2021-03-16

Hmm

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2021-03-11

Hmm

Why AMC Entertainment Stock Popped (Again) Before Earnings

2021-02-28

Good

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2021-02-24

Wow

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2021-02-24

Down more.

The market is getting nervous about Powell’s testimony this week

2021-02-24

Nice

The market is getting nervous about Powell’s testimony this week

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23:56","market":"us","language":"en","title":"Why AMC Entertainment Stock Popped (Again) Before Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2118672048","media":"Motley Fool","summary":"One analyst says it's time to sell AMC -- but investors are ignoring that advice.","content":"<h2>What happened</h2>\n<p>Movie theater chain owner and certified meme stock <b>AMC Entertainment </b>(NYSE:AMC) reports its Q4 earnings this evening. Analysts aren't optimistic (indeed, as you'll see, some are decidedly <i>pessimistic</i>) about its chances, forecasting a $3.61-per-share loss for the quarter on an 89% revenue decline -- but investors don't care.</p>\n<p>They're bidding AMC shares up, and the stock has already risen 15.2% through 10:20 a.m. EST.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79229b05289dd91daed033d24bb89dd0\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>So what</h2>\n<p>Not all investors are so enthusiastic, though. In fact, just hours before the report, analysts at independent equity research firm LightShed Partners released a sell rating for AMC stock this morning.</p>\n<p>The \"future of movie-going is not in doubt,\" opined the analyst in a note covered by TheFly.com. Once the pandemic goes away, folks will return to theaters to watch movies on the big screen. But the same may not be true for AMC.</p>\n<p>\"The future of AMC Theaters, however, is very much in doubt,\" warns the analyst, because AMC is \"over-levered\" with more than $11.3 billion in debt, cash poor, and unable to earn much more cash until people feel comfortable coming back to the theater.</p>\n<h2>Now what</h2>\n<p>Of course, that's probably what investors are betting on this morning. With coronavirus still in full swing, the chances of AMC reporting a profit this evening are vanishingly small. What might happen, though, is that management might say something optimistic about the future, something that might keep hope alive that AMC will survive, as opposed to just going bankrupt and then reorganizing itself to resume doing business once the pandemic has passed.</p>\n<p>LightShed thinks that's the more likely scenario, I fear, and values AMC's chances of surviving the recession at no more than $0.01 per share.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMC Entertainment Stock Popped (Again) Before Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC Entertainment Stock Popped (Again) Before Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/10/why-amc-entertainment-stock-popped-again-before-ea/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nMovie theater chain owner and certified meme stock AMC Entertainment (NYSE:AMC) reports its Q4 earnings this evening. Analysts aren't optimistic (indeed, as you'll see, some are ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/10/why-amc-entertainment-stock-popped-again-before-ea/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/03/10/why-amc-entertainment-stock-popped-again-before-ea/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118672048","content_text":"What happened\nMovie theater chain owner and certified meme stock AMC Entertainment (NYSE:AMC) reports its Q4 earnings this evening. Analysts aren't optimistic (indeed, as you'll see, some are decidedly pessimistic) about its chances, forecasting a $3.61-per-share loss for the quarter on an 89% revenue decline -- but investors don't care.\nThey're bidding AMC shares up, and the stock has already risen 15.2% through 10:20 a.m. EST.\nImage source: Getty Images.\nSo what\nNot all investors are so enthusiastic, though. In fact, just hours before the report, analysts at independent equity research firm LightShed Partners released a sell rating for AMC stock this morning.\nThe \"future of movie-going is not in doubt,\" opined the analyst in a note covered by TheFly.com. Once the pandemic goes away, folks will return to theaters to watch movies on the big screen. But the same may not be true for AMC.\n\"The future of AMC Theaters, however, is very much in doubt,\" warns the analyst, because AMC is \"over-levered\" with more than $11.3 billion in debt, cash poor, and unable to earn much more cash until people feel comfortable coming back to the theater.\nNow what\nOf course, that's probably what investors are betting on this morning. With coronavirus still in full swing, the chances of AMC reporting a profit this evening are vanishingly small. What might happen, though, is that management might say something optimistic about the future, something that might keep hope alive that AMC will survive, as opposed to just going bankrupt and then reorganizing itself to resume doing business once the pandemic has passed.\nLightShed thinks that's the more likely scenario, I fear, and values AMC's chances of surviving the recession at no more than $0.01 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366582183,"gmtCreate":1614511937642,"gmtModify":1704772182441,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/366582183","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363193104,"gmtCreate":1614097951508,"gmtModify":1704888213515,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363193104","repostId":"1178144401","repostType":4,"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363370773,"gmtCreate":1614096292392,"gmtModify":1704888183696,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Down more.&nbsp;","listText":"Down more.&nbsp;","text":"Down more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363370773","repostId":"1198320495","repostType":4,"repost":{"id":"1198320495","kind":"news","pubTimestamp":1614087585,"share":"https://ttm.financial/m/news/1198320495?lang=&edition=fundamental","pubTime":"2021-02-23 21:39","market":"us","language":"en","title":"The market is getting nervous about Powell’s testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1198320495","media":"cnbc","summary":"Federal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to","content":"<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The market is getting nervous about Powell’s testimony this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nThe market is getting nervous about Powell’s testimony this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 21:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198320495","content_text":"KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to Federal Reserve Chairman Jerome Powell’s appearance this week before Congress.The central bank chair is slated to address Senate and House panels on successive days as part of mandated semiannual updates on monetary policy.Normally routine affairs, recent financial market tumult and concerns about how the Fed may react have investors paying a bit more close attention than usual to the hearings scheduled for Tuesday and Wednesday.“This is one of the more interesting episodes in which a Fed chair has had to testify,” said Nathan Sheets, chief economist at PGIM Fixed Income. “Sometimes we say, ‘ho hum, no news.’ This is going to be news. He’s really caught between a rock and a hard place.”What’s got the market’s attention recently has been a pickup in government bond yields, particularly further out on the curve.While the 2-year is unchanged for 2021, the 5-year has risen nearly a quarter percentage point as of Friday’s market close while the benchmark 10-year note has seen its yield jump 41 basis points to 1.34%, an area where it hasn’t been since around the same time in 2020, before the worst of the pandemic struck.The 30-year bond yield has surged even more, leaping nearly half a point this year to 2.14%.Powell’s dilemma is this: Rising bond yields could be signaling the reflation of the economy that the Fed has been pushing and are therefore higher for good reasons. However, should the trend get out of control, the Fed then might have to tighten policy faster than the market expects, offsetting some of the good that has come with the burst in yields.Complicating the matter is that markets also might not like it if Powell is overly complacent.“If this testimony was behind closed doors, I think Jay Powell would be quite pleased with what he sees in the economy and the markets,” Sheets said, using the Fed chair’s nickname. “But given that it’s public, he’s got to be careful. If he’s too sanguine about the rise in rates, the markets are going to take that as a significant green light for rates to rip higher.”“The Fed is comfortable with an organic rise in rates reflecting shifts in views on growth and inflation,” he added. “But I think the Fed also wants to be careful that it doesn’t create and amplify a self-sustaining dynamic that pushes rates higher for other reasons.”Those “other reasons” primarily would be fears that the economy could overheat.Stimulus and more stimulusThe Fed has run historically loose policy for the past year, dropping its benchmark borrowing rate to near zero and buying at least $120 billion of bonds each month. That’s on top of a series of since-expired lending and liquidity programs implemented in the early days of the Covid-19 crisis.Along with that, Congress has come in with more than $3 trillion of fiscal stimulus and could approve up to $1.9 trillion more by the end of week.All that has transpired amid an economy that, besides a still-troubling employment problem primarily in the service sector, is humming. Wall Street is taking up first-quarter growth expectations and market-based indicators of inflation are rising.That’s why Powell’s tightrope walk this week will be all the more compelling.“The market mood has changed,”Mohamed El-Erian, chief economic advisor at Allianz, said Monday on CNBC’s “Squawk Box.” It’s no longer whether yields are going higher, it’s when is the move too big. That’s what the market’s trying to figure out.”Investors are particularly concerned whether all the stimulus isn’t going overboard and threatening to destabilize the economy over the longer run.“I can predict that the yellow lights are flashing all over the Fed because of the [yields] move and the steepening of the yield curve, and the Fed may do more to try to control yields,” El-Erian said.Fed officials have largely dismissed so-called yield curve control to use its bond purchasing power to control rates between various fixed income maturities.But the market could force the Fed’s hand, and Powell is likely to get asked about where he stands on what tools the Fed has to calm market issues. He has repeatedly stressed that the central bank has the weapons to control inflation, but deploying those comes with a price. Markets used to low yields and companies accustomed to cheap borrowing costs could get rattled by an unexpected Fed move.Evidence of how clearly the market is watching the issue came Monday morning, when European Central Bank President Christine Lagarde said she is “closely monitoring the evolution of longer-term nominal bond yields.” Her words were enough to calm a jittery market and turn what had been an opening loss on Wall Street into a mixed market with the Dow up in early afternoon trading. Treasury yields were mostly flat on the day.Tom Lee, managing partner and head of research at Fundstrat Global Advisors, noted that his “clients have already expressed some apprehension about this week. Part of this reflects the fact that bond yields have been steadily rising and equity investors are nervous that the bond market might reach some sort of ‘breaking point’” during Powell’s testimony.Powell speaks Tuesday before the Senate Finance Committee then Wednesday to the House Financial Services Committee.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363347839,"gmtCreate":1614096244021,"gmtModify":1704888181591,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363347839","repostId":"1198320495","repostType":4,"repost":{"id":"1198320495","kind":"news","pubTimestamp":1614087585,"share":"https://ttm.financial/m/news/1198320495?lang=&edition=fundamental","pubTime":"2021-02-23 21:39","market":"us","language":"en","title":"The market is getting nervous about Powell’s testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1198320495","media":"cnbc","summary":"Federal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to","content":"<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The market is getting nervous about Powell’s testimony this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nThe market is getting nervous about Powell’s testimony this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 21:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198320495","content_text":"KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to Federal Reserve Chairman Jerome Powell’s appearance this week before Congress.The central bank chair is slated to address Senate and House panels on successive days as part of mandated semiannual updates on monetary policy.Normally routine affairs, recent financial market tumult and concerns about how the Fed may react have investors paying a bit more close attention than usual to the hearings scheduled for Tuesday and Wednesday.“This is one of the more interesting episodes in which a Fed chair has had to testify,” said Nathan Sheets, chief economist at PGIM Fixed Income. “Sometimes we say, ‘ho hum, no news.’ This is going to be news. He’s really caught between a rock and a hard place.”What’s got the market’s attention recently has been a pickup in government bond yields, particularly further out on the curve.While the 2-year is unchanged for 2021, the 5-year has risen nearly a quarter percentage point as of Friday’s market close while the benchmark 10-year note has seen its yield jump 41 basis points to 1.34%, an area where it hasn’t been since around the same time in 2020, before the worst of the pandemic struck.The 30-year bond yield has surged even more, leaping nearly half a point this year to 2.14%.Powell’s dilemma is this: Rising bond yields could be signaling the reflation of the economy that the Fed has been pushing and are therefore higher for good reasons. However, should the trend get out of control, the Fed then might have to tighten policy faster than the market expects, offsetting some of the good that has come with the burst in yields.Complicating the matter is that markets also might not like it if Powell is overly complacent.“If this testimony was behind closed doors, I think Jay Powell would be quite pleased with what he sees in the economy and the markets,” Sheets said, using the Fed chair’s nickname. “But given that it’s public, he’s got to be careful. If he’s too sanguine about the rise in rates, the markets are going to take that as a significant green light for rates to rip higher.”“The Fed is comfortable with an organic rise in rates reflecting shifts in views on growth and inflation,” he added. “But I think the Fed also wants to be careful that it doesn’t create and amplify a self-sustaining dynamic that pushes rates higher for other reasons.”Those “other reasons” primarily would be fears that the economy could overheat.Stimulus and more stimulusThe Fed has run historically loose policy for the past year, dropping its benchmark borrowing rate to near zero and buying at least $120 billion of bonds each month. That’s on top of a series of since-expired lending and liquidity programs implemented in the early days of the Covid-19 crisis.Along with that, Congress has come in with more than $3 trillion of fiscal stimulus and could approve up to $1.9 trillion more by the end of week.All that has transpired amid an economy that, besides a still-troubling employment problem primarily in the service sector, is humming. Wall Street is taking up first-quarter growth expectations and market-based indicators of inflation are rising.That’s why Powell’s tightrope walk this week will be all the more compelling.“The market mood has changed,”Mohamed El-Erian, chief economic advisor at Allianz, said Monday on CNBC’s “Squawk Box.” It’s no longer whether yields are going higher, it’s when is the move too big. That’s what the market’s trying to figure out.”Investors are particularly concerned whether all the stimulus isn’t going overboard and threatening to destabilize the economy over the longer run.“I can predict that the yellow lights are flashing all over the Fed because of the [yields] move and the steepening of the yield curve, and the Fed may do more to try to control yields,” El-Erian said.Fed officials have largely dismissed so-called yield curve control to use its bond purchasing power to control rates between various fixed income maturities.But the market could force the Fed’s hand, and Powell is likely to get asked about where he stands on what tools the Fed has to calm market issues. He has repeatedly stressed that the central bank has the weapons to control inflation, but deploying those comes with a price. Markets used to low yields and companies accustomed to cheap borrowing costs could get rattled by an unexpected Fed move.Evidence of how clearly the market is watching the issue came Monday morning, when European Central Bank President Christine Lagarde said she is “closely monitoring the evolution of longer-term nominal bond yields.” Her words were enough to calm a jittery market and turn what had been an opening loss on Wall Street into a mixed market with the Dow up in early afternoon trading. Treasury yields were mostly flat on the day.Tom Lee, managing partner and head of research at Fundstrat Global Advisors, noted that his “clients have already expressed some apprehension about this week. Part of this reflects the fact that bond yields have been steadily rising and equity investors are nervous that the bond market might reach some sort of ‘breaking point’” during Powell’s testimony.Powell speaks Tuesday before the Senate Finance Committee then Wednesday to the House Financial Services Committee.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":366582183,"gmtCreate":1614511937642,"gmtModify":1704772182441,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/366582183","repostId":"1117820997","repostType":4,"repost":{"id":"1117820997","kind":"news","pubTimestamp":1614337504,"share":"https://ttm.financial/m/news/1117820997?lang=&edition=fundamental","pubTime":"2021-02-26 19:05","market":"us","language":"en","title":"Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange","url":"https://stock-news.laohu8.com/highlight/detail?id=1117820997","media":"MarketWatch","summary":"A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading","content":"<p>A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.</p>\n<p>Coinbase&nbsp;plans to list on the Nasdaq Inc. exchange&nbsp;under the ticker symbol “COIN,” with the aim of employing a nontraditional direct listing to take itself public. This method means it won’t raise any new money, similar to approaches used by Palantir Technologies,Slack Technologies&nbsp;and Spotify Technology&nbsp;in recent years.</p>\n<p>Here’s what to know about the popular trading platform ahead of its public offering.</p>\n<p><b>What is Coinbase?</b></p>\n<p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p>\n<p>There are two class of Coinbase shares. Armstrong owns 11% of the Class A shares and 22% of the Class B shares, while Ehrsam owns 11.4% of the Class A and 9% of the Class B.</p>\n<p>According to Forbes, Armstrong’s networth is currently $6.5 billion based on his ownership in the company, which is likely to increase if the direct listing goes off successfully.</p>\n<p>Coinbase bills itself as a bet on the rapidly growing cryptoeconomy, which starts with the No. 1 crypto asset bitcoin but goes well beyond that, Armstrong and company argue.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67e611f71f8557b80e1863da93d753c9\" tg-width=\"1260\" tg-height=\"639\"><span>COINBASE S-1</span></p>\n<p>Bitcoin prices&nbsp;have gained attention as it has soared to repeated records, most recently touching a recent peak above $58,000 over the weekend before beginning to give up some gains in recent trade.</p>\n<p>Last week, bitcoin hit a market value of $1 trillion and even though the asset created by a person or persons known as Satoshi Nakamoto represents about 70% of the total crypto market, there are still a number of other popular crypto assets trading on Coinbase, including ether&nbsp;on Ethereum’s blockchain, Bitcoin Cash&nbsp;and Litecoin,to name a few.</p>\n<p><b>Who else owns Coinbase?</b></p>\n<p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares and14% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase’s board.</p>\n<p>Coinbase has an ambitions echo those of Robinhood Markets</p>\n<p>“Coinbase is company with an ambitious vision: to create more economic freedom for every person and business,” Armstrong wrote in a letter appended to the company’s public-filing paperwork with the SEC.</p>\n<p><b>Biggest risk factor</b></p>\n<p>No doubt the biggest risk factor in Coinbase is that it is a bet on an unproven asset class that was created just over a decade ago. Coinbase attempts to make it clear that its fate is linked to the prospects for Bitcoin and ethereum and the thousands of other alternative coins that have been written into existence.</p>\n<p>But a decline in interest and tough regulations in the U.S. and elsewhere could wallop the exchange platform.</p>\n<p>Here’s now Coinbase explains it:</p>\n<p>“<i>There is no assurance that any supported crypto asset will maintain its value or that there will be meaningful levels of trading activities. In the event that the price of crypto assets or the demand for trading crypto assets decline, our business, operating results, and financial condition would be adversely affected. A majority of our net revenue is from transactions in Bitcoin and ethereum. If demand for these crypto assets declines and is not replaced by new demand for crypto assets, our business, operating results, and financial condition could be adversely affected</i>,” Coinbase writes in its S-1 filing.</p>\n<p><b>How large is Coinbase?</b></p>\n<p>The crypto exchange platform ranks No. 3 among the largest digital asset exchanges in the world, according to data site CoinMarketCap.com. That ranking puts it behind Binance, based in Seattle and Huobi Global, a Seychelles-based cryptocurrency exchange that was founded in China.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/183f3996adecd36a47a1b191cf6d3ca6\" tg-width=\"1260\" tg-height=\"453\"><span>COINMARKETCAP.COM</span></p>\n<p>In the U.S. Coinbase is by far the most well-known crypto platform but there are competitors, including Gemini, run by Tyler and Cameron Winklevoss, who famously used their Facebook Inc.&nbsp;settlements to invest in bitcoins.</p>\n<p>Kraken is another popular crypto platform and direct competitor in the U.S.</p>\n<p><b>Odds &amp; Ends</b></p>\n<p>The company in its public filing offered a number of homages to the founder or founders of bitcoin and the digital currency age in its submission.</p>\n<p>For example, it listed the genesis block associated with Satoshi Nakamoto at “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,” whose white paper back in 2008 set bitcoin in motion. (Additionally, a “Satoshi” is the smallest unit of bitcoin—0.00000001 BTC).</p>\n<p>The company offers no physical address for its headquarters in California, citing the COVID-19 pandemic, which has forced a number of companies to have most, if not all, of its staffers work remotely. For that reason, Coinbase refers to itself as “a remote-first company.”</p>\n<p>However, having no address to some was viewed as aligning with the decentralized nature of blockchain and bitcoins.</p>\n<p>The company also offered a handy primer on cryptocurrency terms, including defining terms like “hodl,” which have become popular in crypto circles. Hodl was accidentally coined in a 2013 Reddit&nbsp;and means long-term holder of an investment.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d3d07b595555c3cb7e307056bde87a6\" tg-width=\"1260\" tg-height=\"348\"><span>SEC</span></p>\n<p><b>Armstrong crypto charity</b></p>\n<p>Back in 2018, Armstrong kicked off GiveCrypto.org, which makes direct cash transfers to people living in poverty.</p>\n<p>“People who invested early in crypto have amassed an enormous amount of wealth in a relatively short amount of time. Yet the reputation of the crypto community has been dominated by images of ‘bros in Lambos,’ whose antics get a lot of attention,”wrote Armstrong in a separate blog post on Mediumin 2018.</p>\n<p>Armstrong has reportedly donated at least $1 million to&nbsp;GiveCrypto.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase IPO: 5 things to know about the U.S. cryptocurrency exchange</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\">\nCoinbase IPO: 5 things to know about the U.S. cryptocurrency exchange\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.\nCoinbase plans to...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","PYPL":"PayPal","PLTR":"Palantir Technologies Inc.","GBTC":"Grayscale Bitcoin Trust","SPOT":"Spotify Technology S.A.","TSLA":"特斯拉","NDAQ":"纳斯达克OMX交易所"},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-5-things-to-know-about-the-u-s-cryptocurrency-exchange-11614290534?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117820997","content_text":"A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.\nCoinbase plans to list on the Nasdaq Inc. exchange under the ticker symbol “COIN,” with the aim of employing a nontraditional direct listing to take itself public. This method means it won’t raise any new money, similar to approaches used by Palantir Technologies,Slack Technologies and Spotify Technology in recent years.\nHere’s what to know about the popular trading platform ahead of its public offering.\nWhat is Coinbase?\nThe Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.\nThere are two class of Coinbase shares. Armstrong owns 11% of the Class A shares and 22% of the Class B shares, while Ehrsam owns 11.4% of the Class A and 9% of the Class B.\nAccording to Forbes, Armstrong’s networth is currently $6.5 billion based on his ownership in the company, which is likely to increase if the direct listing goes off successfully.\nCoinbase bills itself as a bet on the rapidly growing cryptoeconomy, which starts with the No. 1 crypto asset bitcoin but goes well beyond that, Armstrong and company argue.\nCOINBASE S-1\nBitcoin prices have gained attention as it has soared to repeated records, most recently touching a recent peak above $58,000 over the weekend before beginning to give up some gains in recent trade.\nLast week, bitcoin hit a market value of $1 trillion and even though the asset created by a person or persons known as Satoshi Nakamoto represents about 70% of the total crypto market, there are still a number of other popular crypto assets trading on Coinbase, including ether on Ethereum’s blockchain, Bitcoin Cash and Litecoin,to name a few.\nWho else owns Coinbase?\nVenture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares and14% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase’s board.\nCoinbase has an ambitions echo those of Robinhood Markets\n“Coinbase is company with an ambitious vision: to create more economic freedom for every person and business,” Armstrong wrote in a letter appended to the company’s public-filing paperwork with the SEC.\nBiggest risk factor\nNo doubt the biggest risk factor in Coinbase is that it is a bet on an unproven asset class that was created just over a decade ago. Coinbase attempts to make it clear that its fate is linked to the prospects for Bitcoin and ethereum and the thousands of other alternative coins that have been written into existence.\nBut a decline in interest and tough regulations in the U.S. and elsewhere could wallop the exchange platform.\nHere’s now Coinbase explains it:\n“There is no assurance that any supported crypto asset will maintain its value or that there will be meaningful levels of trading activities. In the event that the price of crypto assets or the demand for trading crypto assets decline, our business, operating results, and financial condition would be adversely affected. A majority of our net revenue is from transactions in Bitcoin and ethereum. If demand for these crypto assets declines and is not replaced by new demand for crypto assets, our business, operating results, and financial condition could be adversely affected,” Coinbase writes in its S-1 filing.\nHow large is Coinbase?\nThe crypto exchange platform ranks No. 3 among the largest digital asset exchanges in the world, according to data site CoinMarketCap.com. That ranking puts it behind Binance, based in Seattle and Huobi Global, a Seychelles-based cryptocurrency exchange that was founded in China.\nCOINMARKETCAP.COM\nIn the U.S. Coinbase is by far the most well-known crypto platform but there are competitors, including Gemini, run by Tyler and Cameron Winklevoss, who famously used their Facebook Inc. settlements to invest in bitcoins.\nKraken is another popular crypto platform and direct competitor in the U.S.\nOdds & Ends\nThe company in its public filing offered a number of homages to the founder or founders of bitcoin and the digital currency age in its submission.\nFor example, it listed the genesis block associated with Satoshi Nakamoto at “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,” whose white paper back in 2008 set bitcoin in motion. (Additionally, a “Satoshi” is the smallest unit of bitcoin—0.00000001 BTC).\nThe company offers no physical address for its headquarters in California, citing the COVID-19 pandemic, which has forced a number of companies to have most, if not all, of its staffers work remotely. For that reason, Coinbase refers to itself as “a remote-first company.”\nHowever, having no address to some was viewed as aligning with the decentralized nature of blockchain and bitcoins.\nThe company also offered a handy primer on cryptocurrency terms, including defining terms like “hodl,” which have become popular in crypto circles. Hodl was accidentally coined in a 2013 Reddit and means long-term holder of an investment.\nSEC\nArmstrong crypto charity\nBack in 2018, Armstrong kicked off GiveCrypto.org, which makes direct cash transfers to people living in poverty.\n“People who invested early in crypto have amassed an enormous amount of wealth in a relatively short amount of time. Yet the reputation of the crypto community has been dominated by images of ‘bros in Lambos,’ whose antics get a lot of attention,”wrote Armstrong in a separate blog post on Mediumin 2018.\nArmstrong has reportedly donated at least $1 million to GiveCrypto.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325318365,"gmtCreate":1615863883657,"gmtModify":1704787634935,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325318365","repostId":"1118245575","repostType":4,"repost":{"id":"1118245575","kind":"news","pubTimestamp":1615863778,"share":"https://ttm.financial/m/news/1118245575?lang=&edition=fundamental","pubTime":"2021-03-16 11:02","market":"us","language":"en","title":"Salesforce Stock: Is It A Buy Post-Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1118245575","media":"seekingalpha","summary":"Summary\n\nSalesforce's share price has corrected by -25% from its all-time peak in September as inves","content":"<p><b>Summary</b></p>\n<ul>\n <li>Salesforce's share price has corrected by -25% from its all-time peak in September as investors rotate away from technology stocks, and there are also concerns about the company's future growth.</li>\n <li>Salesforce trades at consensus forward Enterprise Value-to-Revenue multiples of 7.3 times and 6.0 times, respectively, which seems fair compared to its peers and historical trading averages.</li>\n <li>Salesforce.com's 4Q FY 2021 top line and bottom line were above market expectations, as all of the company's service offerings and geographic regions performed well in the most recent quarter.</li>\n <li>Salesforce will continue to grow going forward, but the company's future growth could be more reliant on acquisitions as opposed to organic growth drivers.</li>\n <li>I see Salesforce as a HOLD post-earnings, considering the stock's current Enterprise Value-to-Revenue multiples, and expectations of slower revenue growth for the company in the next two years.</li>\n</ul>\n<p><b>Elevator Pitch</b></p>\n<p>I assign a Neutral rating to Salesforce.com, Inc. (CRM).</p>\n<p>Salesforce's share price has corrected by -25% from its all-time peak in September 2020 as investors rotate away from technology stocks, and there are also concerns about the company's future growth prospects. Salesforce.com currently trades at consensus forward Enterprise Value-to-Revenue multiples of 7.3 times and 6.0 times, respectively, which seems fair compared to its peers and historical trading averages.</p>\n<p>Salesforce.com's 4Q FY 2021 top line and bottom line were above market expectations, as all of the company's service offerings and geographic regions performed well in the most recent quarter. Looking ahead, Salesforce will continue to grow going forward, but the company's future growth could be more reliant on acquisitions as opposed to organic growth drivers.</p>\n<p>I see Salesforce as a HOLD post-earnings, considering the stock's current Enterprise Value-to-Revenue multiples, and expectations of slower revenue growth for the company in the next two years.</p>\n<p><b>Company Description</b></p>\n<p>Established in1999&nbsp;and listed on the New York Stock Exchange in&nbsp;2004, Salesforce.com&nbsp;refers to itselfas \"the world's #1 customer relationship management platform\" on the company's investor relations page. In its FY 2020 (YE January 31) annual report, Salesforce also&nbsp;highlights&nbsp;that it helps corporates \"to connect with their customers in new ways through existing and emerging technologies, including cloud, mobile, social, blockchain, voice and artificial intelligence, to transform their businesses.\"</p>\n<p>In terms of revenue by service offering, Salesforce generated&nbsp;26%, 27%, 16% and 31%&nbsp;of its FY 2021 top line from Sales Cloud, Service Cloud, Marketing &amp; Commerce Cloud, and Salesforce Platform &amp; Other, respectively.</p>\n<p><b>An Overview Of Salesforce's Key Service Offerings</b></p>\n<p><img src=\"https://static.tigerbbs.com/472e69bedc43534ca24317c963e0ffd2\" tg-width=\"640\" tg-height=\"307\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18c266b1eba03957ed8b7046199e39c4\" tg-width=\"640\" tg-height=\"596\"><span>Source: Salesforce.com's FY 2020 10-K</span></p>\n<p>With respect to sales mix by geography, the Americas, Europe and Asia Pacific markets accounted for&nbsp;69%, 21% and 10%&nbsp;of CRM's revenue, respectively in the most recently ended fiscal year.</p>\n<p><b>Salesforce Stock Price</b></p>\n<p>Salesforce last traded at $212.21 on March 12, 2021, which is 25% off its all-time share price peak of $281.25 as of September 1, 2020. Although Salesforce.com's 4Q FY 2021 revenue and earnings (discussed in another section of this article) were&nbsp;above market expectations, the company's share price still declined by -6% from $231.08 as of February 25, 2021 (4Q results were announced after trading close on that day) to $216.50 as of February 26, 2021 post-results announcement.</p>\n<p>I believe that there are two key reasons for Salesforce.com's share price correction in the past few months and post-results.</p>\n<p>One key reason is that investors are rotating from technology and SaaS (Software as a Service) stocks to re-opening plays and cyclicals, with&nbsp;a gradual decline in daily confirmed cases&nbsp;of the coronavirus pandemic and the&nbsp;roll-out of the COVID-19 vaccination program&nbsp;in many parts of the world. Also, certain investors would have felt that the valuations of technology and SaaS stocks in general were too rich. As an example, CRM's all-time share price peak of $281.25 as of September 1, 2020 was equivalent to a consensus forward next twelve months' Enterprise Value-to-Revenue multiple of 11.3 times, which was the highest the multiple has ever been in the past 15 years based on S&amp;P Capital IQ data.</p>\n<p>Another key reason is that the market has concerns about Salesforce's future growth prospects (detailed in a subsequent section of the article), specifically whether the company's organic growth will slow and its reliance on inorganic growth initiatives like acquisitions. Sell-side analysts see Salesforce.com's YoY revenue growth slowing from +24.3% in FY 2021 to +21.0% in FY 2022 and +18.8% in FY 2023. As a reference, Salesforce also achieved relatively higher revenue growth rates of +28.7% and +26.7% for FY 2020 and FY 2019, respectively.</p>\n<p><b>Is Salesforce Undervalued?</b></p>\n<p>Salesforce is currently valued by the market at consensus forward Enterprise Value-to-Revenue multiples of 7.3 times and 6.0 times, respectively based on its share price of $212.21 as of March 12, 2021. In comparison, the stock's three-year and five-year average consensus forward next twelve months' Enterprise Value-to-Revenue multiples were 7.7 times and 7.0 times, respectively.</p>\n<p><b>Salesforce.com's Peer Valuation Comparison</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ae142034a065095361b33a0be9566bd\" tg-width=\"818\" tg-height=\"551\"><span>Source: Author</span></p>\n<p>Salesforce's valuations seem fair, compared with the stock's historical trading averages (on par with five-year mean) and peers (right in the middle of the pack). The market consensus numbers used in this article were sourced from S&amp;P Capital IQ.</p>\n<p><b>CRM Earnings</b></p>\n<p>As mentioned earlier, CRM's&nbsp;4Q FY 2021 financial results&nbsp;beat sell-side analysts' estimates.</p>\n<p>Salesforce's revenue grew by +20% YoY (or +19% adjusted for foreign exchange effects) from $4,851 million in 4Q FY 2020 to $5,817 million in 4Q FY 2021, which was approximately&nbsp;$140 million above&nbsp;market consensus forecasts. All of Salesforce.com's service offerings and geographic regions performed well in the final quarter of the most recent fiscal year.</p>\n<p>The company's revenue generated from its Americas, Europe and Asia Pacific markets increased by +18%, +24% and +27% YoY, respectively in the fourth quarter of fiscal 2021. Salesforce's service offerings, Sales Cloud, Service Cloud, Marketing &amp; Commerce Cloud, and Salesforce Platform &amp; Other, achieved YoY revenue growth rates of +11%, +19%, +27% and +26%, respectively in 4Q FY 2021.</p>\n<p>At the Raymond James (RJF) Institutional Investors Conference on March 1, 2021, Salesforce&nbsp;highlighted&nbsp;that \"a very, very strong quarter\" for Tableau (recent acquisition that is part of the Salesforce Platform &amp; Other service offering), a \"+74% GMV (Gross Merchandise Value) growth\" for its Commerce Cloud service offering, and an increase in demand from public sector clients as evidenced by \"a surge of state and local governments who are reaching out\" were the key drivers of the company's better-than-expected performance in 4Q FY 2021.</p>\n<p>The company's GAAP diluted earnings per share reversed from a loss of -$0.28 in 4Q FY 2020 to a positive profit of +$0.28 in 4Q FY 2021, while its non-GAAP diluted earnings per share increased by +58% from $0.66 to $1.04 over the same period. As a comparison, sell-side analysts had expected Salesforce.com to deliver relatively lower non-GAAP and GAAP diluted earnings per share of&nbsp;$0.75 and $0.06, respectively for the most recent quarter. Its non-GAAP operating margin also expanded by +210 basis points YoY from 15.4% in 4Q FY 2020 to 17.5% in 4Q FY 2021.</p>\n<p><b>CRM Stock Forecast</b></p>\n<p>As highlighted above, the market expects CRM's revenue growth to slow in FY 2022 (from +24.3% YoY in FY 2021 to +21.0% YoY in FY 2022), and this is in line with management guidance as well. Sell-side analysts estimate that Salesforce.com will generate revenue of $25,720 million in FY 2022, which is at the high end of management guidance of&nbsp;between $25,650 million and $25,750 million.</p>\n<p>Salesforce&nbsp;disclosed&nbsp;at the company's 4Q FY 2021 earnings call on February 25, 2021 that its FY 2022 revenue guidance \"includes $190 million from Acumen and, subject to closing, $600 million from Slack (WORK).\" The company completed the acquisition of Acumen Solutions on&nbsp;February 1, 2021, while its proposed acquisition of Slack Technologies was first announced on&nbsp;December 1, 2020.</p>\n<p>In terms of profitability, Salesforce management is guiding for non-GAAP or adjusted earnings per share in the $3.390-$3.413 range for FY 2022. In comparison, sell-side analysts are slightly more bullish, forecasting a non-GAAP or adjusted earnings per share of $3.44 for Salesforce.com in the current fiscal year, which implies a -30% YoY decline. The company also&nbsp;guided&nbsp;at the recent 4Q FY 2021 results briefing that \"recent M&amp;A will be a $0.63 headwind to non-GAAP diluted EPS\" for FY 2022.</p>\n<p><b>Will Salesforce Continue To Grow?</b></p>\n<p>A key indicator of future revenue growth for Salesforce is the current remaining performance obligation, or CRPO, which is&nbsp;defined as&nbsp;\"future revenue under contract that is expected to be recognized as revenue in the next 12 months\" in the company's FY 2020 annual report. Salesforce.com's CRPO was&nbsp;$18 billion&nbsp;as of end-FY 2021, which is equivalent to a +20% YoY growth.</p>\n<p>Also, CRM's remaining performance obligation,defined as&nbsp;\"all future revenue under contract that has not yet been recognized as revenue\" which \"includes unearned revenue and unbilled amounts,\" was&nbsp;$36.1 billion&nbsp;as of the end of the most recent fiscal year, representing a +17% YoY increase.</p>\n<p>In other words, Salesforce's future expected annualized revenue growth in the high teens to low 20s range for FY 2022 and FY 2023 is relatively secure, based on the company's CRPO and remaining performance obligation metrics.</p>\n<p>On the flip side, it is noteworthy that Salesforce.com's FY 2022 revenue growth guidance would have been much lower if not for inorganic growth drivers such as acquisitions. Salesforce raised its revenue guidance for FY 2022 from $254.5-$255.5 billion earlier to $256.5-257.5 billion now, to incorporate the incremental $190 million revenue contribution from the acquisition of Acumen. The company's FY 2022 revenue guidance also includes a $600 million top line contribution from the proposed acquisition of Slack which has yet to close.</p>\n<p>While acquisitions are generally seen as a riskier and lower-quality source of growth, it must be noted that Salesforce's acquisitions have a critical strategic angle. Salesforce.com&nbsp;stressed&nbsp;at the company's FY 2021 earnings call on February 25, 2021 that \"C-suite conversations around solutions, fundamentally they're not about products anymore\" and clients are \"looking for multi-cloud solutions based on a Customer 360, single source of truth, single view of the customer.\"</p>\n<p>Specifically for Slack, CRM&nbsp;noted&nbsp;at the Morgan Stanley (MS) Global TMT Conference on March 3, 2021 that \"Salesforce is a user-based model,\" but \"there is a broader enterprise that, that data and those business processes could be useful for,\" with Slack bringing the \"user interface in front of everybody in the organization\" and allowing for \"more of that data and that application functionality across a broader set of users.\" Also, Salesforce has had successes with past acquisitions in recent years, which includes&nbsp;Demandware(2016) and&nbsp;MuleSoft(2018).</p>\n<p>In a nutshell, Salesforce will continue to grow going forward, but the company's future growth could be more reliant on acquisitions as opposed to organic growth drivers.</p>\n<p><b>Is Salesforce Stock A Buy Or Sell</b></p>\n<p>Salesforce stock is a HOLD in my opinion, as I see the stock as fairly valued (in terms of Enterprise Value-to-Revenue multiples), taking into account expectations of the company's slower revenue growth in the next two years and its reliance on acquisitions to drive future growth.</p>\n<p>Salesforce's key risk factors include slower-than-expected organic growth, integration issues with recent acquisitions, overpaying for future acquisitions, and a general decline in IT spending for corporates.</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>Salesforce Stock: Is It A Buy Post-Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSalesforce Stock: Is It A Buy Post-Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 11:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4414114-salesforce-stock-is-it-a-buy-post-earnings><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSalesforce's share price has corrected by -25% from its all-time peak in September as investors rotate away from technology stocks, and there are also concerns about the company's future ...</p>\n\n<a href=\"https://seekingalpha.com/article/4414114-salesforce-stock-is-it-a-buy-post-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRM":"赛富时"},"source_url":"https://seekingalpha.com/article/4414114-salesforce-stock-is-it-a-buy-post-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1118245575","content_text":"Summary\n\nSalesforce's share price has corrected by -25% from its all-time peak in September as investors rotate away from technology stocks, and there are also concerns about the company's future growth.\nSalesforce trades at consensus forward Enterprise Value-to-Revenue multiples of 7.3 times and 6.0 times, respectively, which seems fair compared to its peers and historical trading averages.\nSalesforce.com's 4Q FY 2021 top line and bottom line were above market expectations, as all of the company's service offerings and geographic regions performed well in the most recent quarter.\nSalesforce will continue to grow going forward, but the company's future growth could be more reliant on acquisitions as opposed to organic growth drivers.\nI see Salesforce as a HOLD post-earnings, considering the stock's current Enterprise Value-to-Revenue multiples, and expectations of slower revenue growth for the company in the next two years.\n\nElevator Pitch\nI assign a Neutral rating to Salesforce.com, Inc. (CRM).\nSalesforce's share price has corrected by -25% from its all-time peak in September 2020 as investors rotate away from technology stocks, and there are also concerns about the company's future growth prospects. Salesforce.com currently trades at consensus forward Enterprise Value-to-Revenue multiples of 7.3 times and 6.0 times, respectively, which seems fair compared to its peers and historical trading averages.\nSalesforce.com's 4Q FY 2021 top line and bottom line were above market expectations, as all of the company's service offerings and geographic regions performed well in the most recent quarter. Looking ahead, Salesforce will continue to grow going forward, but the company's future growth could be more reliant on acquisitions as opposed to organic growth drivers.\nI see Salesforce as a HOLD post-earnings, considering the stock's current Enterprise Value-to-Revenue multiples, and expectations of slower revenue growth for the company in the next two years.\nCompany Description\nEstablished in1999 and listed on the New York Stock Exchange in 2004, Salesforce.com refers to itselfas \"the world's #1 customer relationship management platform\" on the company's investor relations page. In its FY 2020 (YE January 31) annual report, Salesforce also highlights that it helps corporates \"to connect with their customers in new ways through existing and emerging technologies, including cloud, mobile, social, blockchain, voice and artificial intelligence, to transform their businesses.\"\nIn terms of revenue by service offering, Salesforce generated 26%, 27%, 16% and 31% of its FY 2021 top line from Sales Cloud, Service Cloud, Marketing & Commerce Cloud, and Salesforce Platform & Other, respectively.\nAn Overview Of Salesforce's Key Service Offerings\n\nSource: Salesforce.com's FY 2020 10-K\nWith respect to sales mix by geography, the Americas, Europe and Asia Pacific markets accounted for 69%, 21% and 10% of CRM's revenue, respectively in the most recently ended fiscal year.\nSalesforce Stock Price\nSalesforce last traded at $212.21 on March 12, 2021, which is 25% off its all-time share price peak of $281.25 as of September 1, 2020. Although Salesforce.com's 4Q FY 2021 revenue and earnings (discussed in another section of this article) were above market expectations, the company's share price still declined by -6% from $231.08 as of February 25, 2021 (4Q results were announced after trading close on that day) to $216.50 as of February 26, 2021 post-results announcement.\nI believe that there are two key reasons for Salesforce.com's share price correction in the past few months and post-results.\nOne key reason is that investors are rotating from technology and SaaS (Software as a Service) stocks to re-opening plays and cyclicals, with a gradual decline in daily confirmed cases of the coronavirus pandemic and the roll-out of the COVID-19 vaccination program in many parts of the world. Also, certain investors would have felt that the valuations of technology and SaaS stocks in general were too rich. As an example, CRM's all-time share price peak of $281.25 as of September 1, 2020 was equivalent to a consensus forward next twelve months' Enterprise Value-to-Revenue multiple of 11.3 times, which was the highest the multiple has ever been in the past 15 years based on S&P Capital IQ data.\nAnother key reason is that the market has concerns about Salesforce's future growth prospects (detailed in a subsequent section of the article), specifically whether the company's organic growth will slow and its reliance on inorganic growth initiatives like acquisitions. Sell-side analysts see Salesforce.com's YoY revenue growth slowing from +24.3% in FY 2021 to +21.0% in FY 2022 and +18.8% in FY 2023. As a reference, Salesforce also achieved relatively higher revenue growth rates of +28.7% and +26.7% for FY 2020 and FY 2019, respectively.\nIs Salesforce Undervalued?\nSalesforce is currently valued by the market at consensus forward Enterprise Value-to-Revenue multiples of 7.3 times and 6.0 times, respectively based on its share price of $212.21 as of March 12, 2021. In comparison, the stock's three-year and five-year average consensus forward next twelve months' Enterprise Value-to-Revenue multiples were 7.7 times and 7.0 times, respectively.\nSalesforce.com's Peer Valuation Comparison\nSource: Author\nSalesforce's valuations seem fair, compared with the stock's historical trading averages (on par with five-year mean) and peers (right in the middle of the pack). The market consensus numbers used in this article were sourced from S&P Capital IQ.\nCRM Earnings\nAs mentioned earlier, CRM's 4Q FY 2021 financial results beat sell-side analysts' estimates.\nSalesforce's revenue grew by +20% YoY (or +19% adjusted for foreign exchange effects) from $4,851 million in 4Q FY 2020 to $5,817 million in 4Q FY 2021, which was approximately $140 million above market consensus forecasts. All of Salesforce.com's service offerings and geographic regions performed well in the final quarter of the most recent fiscal year.\nThe company's revenue generated from its Americas, Europe and Asia Pacific markets increased by +18%, +24% and +27% YoY, respectively in the fourth quarter of fiscal 2021. Salesforce's service offerings, Sales Cloud, Service Cloud, Marketing & Commerce Cloud, and Salesforce Platform & Other, achieved YoY revenue growth rates of +11%, +19%, +27% and +26%, respectively in 4Q FY 2021.\nAt the Raymond James (RJF) Institutional Investors Conference on March 1, 2021, Salesforce highlighted that \"a very, very strong quarter\" for Tableau (recent acquisition that is part of the Salesforce Platform & Other service offering), a \"+74% GMV (Gross Merchandise Value) growth\" for its Commerce Cloud service offering, and an increase in demand from public sector clients as evidenced by \"a surge of state and local governments who are reaching out\" were the key drivers of the company's better-than-expected performance in 4Q FY 2021.\nThe company's GAAP diluted earnings per share reversed from a loss of -$0.28 in 4Q FY 2020 to a positive profit of +$0.28 in 4Q FY 2021, while its non-GAAP diluted earnings per share increased by +58% from $0.66 to $1.04 over the same period. As a comparison, sell-side analysts had expected Salesforce.com to deliver relatively lower non-GAAP and GAAP diluted earnings per share of $0.75 and $0.06, respectively for the most recent quarter. Its non-GAAP operating margin also expanded by +210 basis points YoY from 15.4% in 4Q FY 2020 to 17.5% in 4Q FY 2021.\nCRM Stock Forecast\nAs highlighted above, the market expects CRM's revenue growth to slow in FY 2022 (from +24.3% YoY in FY 2021 to +21.0% YoY in FY 2022), and this is in line with management guidance as well. Sell-side analysts estimate that Salesforce.com will generate revenue of $25,720 million in FY 2022, which is at the high end of management guidance of between $25,650 million and $25,750 million.\nSalesforce disclosed at the company's 4Q FY 2021 earnings call on February 25, 2021 that its FY 2022 revenue guidance \"includes $190 million from Acumen and, subject to closing, $600 million from Slack (WORK).\" The company completed the acquisition of Acumen Solutions on February 1, 2021, while its proposed acquisition of Slack Technologies was first announced on December 1, 2020.\nIn terms of profitability, Salesforce management is guiding for non-GAAP or adjusted earnings per share in the $3.390-$3.413 range for FY 2022. In comparison, sell-side analysts are slightly more bullish, forecasting a non-GAAP or adjusted earnings per share of $3.44 for Salesforce.com in the current fiscal year, which implies a -30% YoY decline. The company also guided at the recent 4Q FY 2021 results briefing that \"recent M&A will be a $0.63 headwind to non-GAAP diluted EPS\" for FY 2022.\nWill Salesforce Continue To Grow?\nA key indicator of future revenue growth for Salesforce is the current remaining performance obligation, or CRPO, which is defined as \"future revenue under contract that is expected to be recognized as revenue in the next 12 months\" in the company's FY 2020 annual report. Salesforce.com's CRPO was $18 billion as of end-FY 2021, which is equivalent to a +20% YoY growth.\nAlso, CRM's remaining performance obligation,defined as \"all future revenue under contract that has not yet been recognized as revenue\" which \"includes unearned revenue and unbilled amounts,\" was $36.1 billion as of the end of the most recent fiscal year, representing a +17% YoY increase.\nIn other words, Salesforce's future expected annualized revenue growth in the high teens to low 20s range for FY 2022 and FY 2023 is relatively secure, based on the company's CRPO and remaining performance obligation metrics.\nOn the flip side, it is noteworthy that Salesforce.com's FY 2022 revenue growth guidance would have been much lower if not for inorganic growth drivers such as acquisitions. Salesforce raised its revenue guidance for FY 2022 from $254.5-$255.5 billion earlier to $256.5-257.5 billion now, to incorporate the incremental $190 million revenue contribution from the acquisition of Acumen. The company's FY 2022 revenue guidance also includes a $600 million top line contribution from the proposed acquisition of Slack which has yet to close.\nWhile acquisitions are generally seen as a riskier and lower-quality source of growth, it must be noted that Salesforce's acquisitions have a critical strategic angle. Salesforce.com stressed at the company's FY 2021 earnings call on February 25, 2021 that \"C-suite conversations around solutions, fundamentally they're not about products anymore\" and clients are \"looking for multi-cloud solutions based on a Customer 360, single source of truth, single view of the customer.\"\nSpecifically for Slack, CRM noted at the Morgan Stanley (MS) Global TMT Conference on March 3, 2021 that \"Salesforce is a user-based model,\" but \"there is a broader enterprise that, that data and those business processes could be useful for,\" with Slack bringing the \"user interface in front of everybody in the organization\" and allowing for \"more of that data and that application functionality across a broader set of users.\" Also, Salesforce has had successes with past acquisitions in recent years, which includes Demandware(2016) and MuleSoft(2018).\nIn a nutshell, Salesforce will continue to grow going forward, but the company's future growth could be more reliant on acquisitions as opposed to organic growth drivers.\nIs Salesforce Stock A Buy Or Sell\nSalesforce stock is a HOLD in my opinion, as I see the stock as fairly valued (in terms of Enterprise Value-to-Revenue multiples), taking into account expectations of the company's slower revenue growth in the next two years and its reliance on acquisitions to drive future growth.\nSalesforce's key risk factors include slower-than-expected organic growth, integration issues with recent acquisitions, overpaying for future acquisitions, and a general decline in IT spending for corporates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322733112,"gmtCreate":1615825460036,"gmtModify":1704787221022,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/322733112","repostId":"1170973847","repostType":4,"repost":{"id":"1170973847","kind":"news","pubTimestamp":1615823072,"share":"https://ttm.financial/m/news/1170973847?lang=&edition=fundamental","pubTime":"2021-03-15 23:44","market":"us","language":"en","title":"Cathie Wood and ARK Invest see record volumes traded in ETFs","url":"https://stock-news.laohu8.com/highlight/detail?id=1170973847","media":"seekingalpha","summary":"Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded f","content":"<p>Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.</p>\n<p>The five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in volume this year. This amount is almost double what was traded in 2020 and nearly 25X what was traded in 2019.</p>\n<p>ARK Innovation ETF(NYSEARCA:ARKK)&nbsp;which closed&nbsp;+3.28%&nbsp;last week is&nbsp;+1.29%&nbsp;today and has turned over $78.262b in traded value so far in 2021.</p>\n<p>Autonomous Technology &amp; Robotics ETF(BATS:ARKQ)&nbsp;which closed&nbsp;+7.56%&nbsp;last week is&nbsp;+1.23%&nbsp;today and has turned over&nbsp;$8.241b&nbsp;in traded value so far in 2021.</p>\n<p>Next Generation Internet ETF&nbsp;(NYSEARCA:ARKW)&nbsp;which closed&nbsp;+8.49%&nbsp;last week is&nbsp;+1.36%&nbsp;today and has turned over&nbsp;$17.615b&nbsp;in traded value so far in 2021.</p>\n<p>Genomic Revolution ETF&nbsp;(BATS:ARKG)&nbsp;which closed&nbsp;+8.59%&nbsp;last week is&nbsp;+1.44%&nbsp;today and has turned over&nbsp;$31.428b&nbsp;in traded value so far in 2021.</p>\n<p>Fintech Innovation ETF&nbsp;(NYSEARCA:ARKF)&nbsp;which closed&nbsp;+7.49%&nbsp;last week is&nbsp;+0.70%&nbsp;today and has turned over&nbsp;$10.501b&nbsp;in traded value so far in 2021.</p>\n<li><p>Cathie Wood and Ark Invest have seen recordinflowsandoutflowsbut one thing that remains consistent is the record volumes investors have seen with the five actively managed ETFs.</p></li>\n<li><p>Cathie Wood and her innovative ETFs have been sensitive to rising bond yields as technology stocks have suffered the most in recent days.</p></li>","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>Cathie Wood and ARK Invest see record volumes traded in ETFs</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\">\nCathie Wood and ARK Invest see record volumes traded in ETFs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.\nThe five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170973847","content_text":"Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.\nThe five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in volume this year. This amount is almost double what was traded in 2020 and nearly 25X what was traded in 2019.\nARK Innovation ETF(NYSEARCA:ARKK) which closed +3.28% last week is +1.29% today and has turned over $78.262b in traded value so far in 2021.\nAutonomous Technology & Robotics ETF(BATS:ARKQ) which closed +7.56% last week is +1.23% today and has turned over $8.241b in traded value so far in 2021.\nNext Generation Internet ETF (NYSEARCA:ARKW) which closed +8.49% last week is +1.36% today and has turned over $17.615b in traded value so far in 2021.\nGenomic Revolution ETF (BATS:ARKG) which closed +8.59% last week is +1.44% today and has turned over $31.428b in traded value so far in 2021.\nFintech Innovation ETF (NYSEARCA:ARKF) which closed +7.49% last week is +0.70% today and has turned over $10.501b in traded value so far in 2021.\nCathie Wood and Ark Invest have seen recordinflowsandoutflowsbut one thing that remains consistent is the record volumes investors have seen with the five actively managed ETFs.\nCathie Wood and her innovative ETFs have been sensitive to rising bond yields as technology stocks have suffered the most in recent days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374878858,"gmtCreate":1619441727074,"gmtModify":1704723896282,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>Flying&nbsp;due to bitcoin?","listText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>Flying&nbsp;due to bitcoin?","text":"$Canaan Inc.(CAN)$Flying due to bitcoin?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374878858","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363370773,"gmtCreate":1614096292392,"gmtModify":1704888183696,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Down more.&nbsp;","listText":"Down more.&nbsp;","text":"Down more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363370773","repostId":"1198320495","repostType":4,"repost":{"id":"1198320495","kind":"news","pubTimestamp":1614087585,"share":"https://ttm.financial/m/news/1198320495?lang=&edition=fundamental","pubTime":"2021-02-23 21:39","market":"us","language":"en","title":"The market is getting nervous about Powell’s testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1198320495","media":"cnbc","summary":"Federal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to","content":"<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The market is getting nervous about Powell’s testimony this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nThe market is getting nervous about Powell’s testimony this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 21:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198320495","content_text":"KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to Federal Reserve Chairman Jerome Powell’s appearance this week before Congress.The central bank chair is slated to address Senate and House panels on successive days as part of mandated semiannual updates on monetary policy.Normally routine affairs, recent financial market tumult and concerns about how the Fed may react have investors paying a bit more close attention than usual to the hearings scheduled for Tuesday and Wednesday.“This is one of the more interesting episodes in which a Fed chair has had to testify,” said Nathan Sheets, chief economist at PGIM Fixed Income. “Sometimes we say, ‘ho hum, no news.’ This is going to be news. He’s really caught between a rock and a hard place.”What’s got the market’s attention recently has been a pickup in government bond yields, particularly further out on the curve.While the 2-year is unchanged for 2021, the 5-year has risen nearly a quarter percentage point as of Friday’s market close while the benchmark 10-year note has seen its yield jump 41 basis points to 1.34%, an area where it hasn’t been since around the same time in 2020, before the worst of the pandemic struck.The 30-year bond yield has surged even more, leaping nearly half a point this year to 2.14%.Powell’s dilemma is this: Rising bond yields could be signaling the reflation of the economy that the Fed has been pushing and are therefore higher for good reasons. However, should the trend get out of control, the Fed then might have to tighten policy faster than the market expects, offsetting some of the good that has come with the burst in yields.Complicating the matter is that markets also might not like it if Powell is overly complacent.“If this testimony was behind closed doors, I think Jay Powell would be quite pleased with what he sees in the economy and the markets,” Sheets said, using the Fed chair’s nickname. “But given that it’s public, he’s got to be careful. If he’s too sanguine about the rise in rates, the markets are going to take that as a significant green light for rates to rip higher.”“The Fed is comfortable with an organic rise in rates reflecting shifts in views on growth and inflation,” he added. “But I think the Fed also wants to be careful that it doesn’t create and amplify a self-sustaining dynamic that pushes rates higher for other reasons.”Those “other reasons” primarily would be fears that the economy could overheat.Stimulus and more stimulusThe Fed has run historically loose policy for the past year, dropping its benchmark borrowing rate to near zero and buying at least $120 billion of bonds each month. That’s on top of a series of since-expired lending and liquidity programs implemented in the early days of the Covid-19 crisis.Along with that, Congress has come in with more than $3 trillion of fiscal stimulus and could approve up to $1.9 trillion more by the end of week.All that has transpired amid an economy that, besides a still-troubling employment problem primarily in the service sector, is humming. Wall Street is taking up first-quarter growth expectations and market-based indicators of inflation are rising.That’s why Powell’s tightrope walk this week will be all the more compelling.“The market mood has changed,”Mohamed El-Erian, chief economic advisor at Allianz, said Monday on CNBC’s “Squawk Box.” It’s no longer whether yields are going higher, it’s when is the move too big. That’s what the market’s trying to figure out.”Investors are particularly concerned whether all the stimulus isn’t going overboard and threatening to destabilize the economy over the longer run.“I can predict that the yellow lights are flashing all over the Fed because of the [yields] move and the steepening of the yield curve, and the Fed may do more to try to control yields,” El-Erian said.Fed officials have largely dismissed so-called yield curve control to use its bond purchasing power to control rates between various fixed income maturities.But the market could force the Fed’s hand, and Powell is likely to get asked about where he stands on what tools the Fed has to calm market issues. He has repeatedly stressed that the central bank has the weapons to control inflation, but deploying those comes with a price. Markets used to low yields and companies accustomed to cheap borrowing costs could get rattled by an unexpected Fed move.Evidence of how clearly the market is watching the issue came Monday morning, when European Central Bank President Christine Lagarde said she is “closely monitoring the evolution of longer-term nominal bond yields.” Her words were enough to calm a jittery market and turn what had been an opening loss on Wall Street into a mixed market with the Dow up in early afternoon trading. Treasury yields were mostly flat on the day.Tom Lee, managing partner and head of research at Fundstrat Global Advisors, noted that his “clients have already expressed some apprehension about this week. Part of this reflects the fact that bond yields have been steadily rising and equity investors are nervous that the bond market might reach some sort of ‘breaking point’” during Powell’s testimony.Powell speaks Tuesday before the Senate Finance Committee then Wednesday to the House Financial Services Committee.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363347839,"gmtCreate":1614096244021,"gmtModify":1704888181591,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363347839","repostId":"1198320495","repostType":4,"repost":{"id":"1198320495","kind":"news","pubTimestamp":1614087585,"share":"https://ttm.financial/m/news/1198320495?lang=&edition=fundamental","pubTime":"2021-02-23 21:39","market":"us","language":"en","title":"The market is getting nervous about Powell’s testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1198320495","media":"cnbc","summary":"Federal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to","content":"<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The market is getting nervous about Powell’s testimony this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nThe market is getting nervous about Powell’s testimony this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 21:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/02/22/market-nervousness-growing-over-powells-testimony-to-congress-this-week.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198320495","content_text":"KEY POINTSFederal Reserve Chairman Jerome Powell speaks twice to Congress this week as part of mandated semiannual testimony.Normally nonevents for the market, the central bank leader’s comments will be viewed closely this week for how he views this year’s run-up in bond yields.Investors worry that too quick of a rise might force the Fed to tighten policy too quickly, while a complacent Fed also would pose overheating risks.Rising bond yields and accompanying inflation fears are adding a level of drama to Federal Reserve Chairman Jerome Powell’s appearance this week before Congress.The central bank chair is slated to address Senate and House panels on successive days as part of mandated semiannual updates on monetary policy.Normally routine affairs, recent financial market tumult and concerns about how the Fed may react have investors paying a bit more close attention than usual to the hearings scheduled for Tuesday and Wednesday.“This is one of the more interesting episodes in which a Fed chair has had to testify,” said Nathan Sheets, chief economist at PGIM Fixed Income. “Sometimes we say, ‘ho hum, no news.’ This is going to be news. He’s really caught between a rock and a hard place.”What’s got the market’s attention recently has been a pickup in government bond yields, particularly further out on the curve.While the 2-year is unchanged for 2021, the 5-year has risen nearly a quarter percentage point as of Friday’s market close while the benchmark 10-year note has seen its yield jump 41 basis points to 1.34%, an area where it hasn’t been since around the same time in 2020, before the worst of the pandemic struck.The 30-year bond yield has surged even more, leaping nearly half a point this year to 2.14%.Powell’s dilemma is this: Rising bond yields could be signaling the reflation of the economy that the Fed has been pushing and are therefore higher for good reasons. However, should the trend get out of control, the Fed then might have to tighten policy faster than the market expects, offsetting some of the good that has come with the burst in yields.Complicating the matter is that markets also might not like it if Powell is overly complacent.“If this testimony was behind closed doors, I think Jay Powell would be quite pleased with what he sees in the economy and the markets,” Sheets said, using the Fed chair’s nickname. “But given that it’s public, he’s got to be careful. If he’s too sanguine about the rise in rates, the markets are going to take that as a significant green light for rates to rip higher.”“The Fed is comfortable with an organic rise in rates reflecting shifts in views on growth and inflation,” he added. “But I think the Fed also wants to be careful that it doesn’t create and amplify a self-sustaining dynamic that pushes rates higher for other reasons.”Those “other reasons” primarily would be fears that the economy could overheat.Stimulus and more stimulusThe Fed has run historically loose policy for the past year, dropping its benchmark borrowing rate to near zero and buying at least $120 billion of bonds each month. That’s on top of a series of since-expired lending and liquidity programs implemented in the early days of the Covid-19 crisis.Along with that, Congress has come in with more than $3 trillion of fiscal stimulus and could approve up to $1.9 trillion more by the end of week.All that has transpired amid an economy that, besides a still-troubling employment problem primarily in the service sector, is humming. Wall Street is taking up first-quarter growth expectations and market-based indicators of inflation are rising.That’s why Powell’s tightrope walk this week will be all the more compelling.“The market mood has changed,”Mohamed El-Erian, chief economic advisor at Allianz, said Monday on CNBC’s “Squawk Box.” It’s no longer whether yields are going higher, it’s when is the move too big. That’s what the market’s trying to figure out.”Investors are particularly concerned whether all the stimulus isn’t going overboard and threatening to destabilize the economy over the longer run.“I can predict that the yellow lights are flashing all over the Fed because of the [yields] move and the steepening of the yield curve, and the Fed may do more to try to control yields,” El-Erian said.Fed officials have largely dismissed so-called yield curve control to use its bond purchasing power to control rates between various fixed income maturities.But the market could force the Fed’s hand, and Powell is likely to get asked about where he stands on what tools the Fed has to calm market issues. He has repeatedly stressed that the central bank has the weapons to control inflation, but deploying those comes with a price. Markets used to low yields and companies accustomed to cheap borrowing costs could get rattled by an unexpected Fed move.Evidence of how clearly the market is watching the issue came Monday morning, when European Central Bank President Christine Lagarde said she is “closely monitoring the evolution of longer-term nominal bond yields.” Her words were enough to calm a jittery market and turn what had been an opening loss on Wall Street into a mixed market with the Dow up in early afternoon trading. Treasury yields were mostly flat on the day.Tom Lee, managing partner and head of research at Fundstrat Global Advisors, noted that his “clients have already expressed some apprehension about this week. Part of this reflects the fact that bond yields have been steadily rising and equity investors are nervous that the bond market might reach some sort of ‘breaking point’” during Powell’s testimony.Powell speaks Tuesday before the Senate Finance Committee then Wednesday to the House Financial Services Committee.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321360083,"gmtCreate":1615394813942,"gmtModify":1704782263213,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321360083","repostId":"2118672048","repostType":4,"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363193104,"gmtCreate":1614097951508,"gmtModify":1704888213515,"author":{"id":"3574667016834162","authorId":"3574667016834162","name":"NJR","avatar":"https://static.tigerbbs.com/b456e74bdd1e25093ea83a470fd94dbf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574667016834162","authorIdStr":"3574667016834162"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363193104","repostId":"1178144401","repostType":4,"repost":{"id":"1178144401","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1614077941,"share":"https://ttm.financial/m/news/1178144401?lang=&edition=fundamental","pubTime":"2021-02-23 18:59","market":"us","language":"en","title":"Why Tesla Took Off Standard Range Model Y From Its Offerings","url":"https://stock-news.laohu8.com/highlight/detail?id=1178144401","media":"Benzinga","summary":"Tesla Inc. is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elo","content":"<p><b>Tesla Inc.</b>&nbsp;is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elon Musk said Monday.</p>\n<p><b>What Happened</b>: The electric vehicle maker made the move apparently due to the sport utility vehicle’s low range.</p>\n<p>“It is still available off menu, but I don’t think the range, in many drive conditions, yet meets the Tesla standard of excellence,” Musk said on Twitter.</p>\n<p><b>Why It Matters:</b>As part of efforts to make some of its vehicles more affordable, Tesla had&nbsp;slashed the price of the base models&nbsp;of its Model 3 and Model Y vehicles last week. The company cut the price of the Model Y Standard Range by $2,000 to $39,990.</p>\n<p>However, Electrek reported Sunday that the Palo Alto-based company has&nbsp;stopped taking&nbsp;orders for the vehicle and also removed the model from its online configurator.</p>\n<p>The confusing moves on Tesla’s part come just over a month after it launched the Model Y Standard Range.</p>\n<p>Tesla had originally announced the cheapest version of the Model Y in 2019, but Musk said at that time the company would not produce the Standard Range due to its “unacceptably low” range of less than 250 miles.</p>\n<p><b>Price Action</b>: Tesla shares closed more than 8% lower at $714.50 on Monday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Took Off Standard Range Model Y From Its Offerings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Took Off Standard Range Model Y From Its Offerings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-02-23 18:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Tesla Inc.</b>&nbsp;is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elon Musk said Monday.</p>\n<p><b>What Happened</b>: The electric vehicle maker made the move apparently due to the sport utility vehicle’s low range.</p>\n<p>“It is still available off menu, but I don’t think the range, in many drive conditions, yet meets the Tesla standard of excellence,” Musk said on Twitter.</p>\n<p><b>Why It Matters:</b>As part of efforts to make some of its vehicles more affordable, Tesla had&nbsp;slashed the price of the base models&nbsp;of its Model 3 and Model Y vehicles last week. The company cut the price of the Model Y Standard Range by $2,000 to $39,990.</p>\n<p>However, Electrek reported Sunday that the Palo Alto-based company has&nbsp;stopped taking&nbsp;orders for the vehicle and also removed the model from its online configurator.</p>\n<p>The confusing moves on Tesla’s part come just over a month after it launched the Model Y Standard Range.</p>\n<p>Tesla had originally announced the cheapest version of the Model Y in 2019, but Musk said at that time the company would not produce the Standard Range due to its “unacceptably low” range of less than 250 miles.</p>\n<p><b>Price Action</b>: Tesla shares closed more than 8% lower at $714.50 on Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178144401","content_text":"Tesla Inc. is still offering the Model Y Standard Range, but only as an “off-the-menu” item, CEO Elon Musk said Monday.\nWhat Happened: The electric vehicle maker made the move apparently due to the sport utility vehicle’s low range.\n“It is still available off menu, but I don’t think the range, in many drive conditions, yet meets the Tesla standard of excellence,” Musk said on Twitter.\nWhy It Matters:As part of efforts to make some of its vehicles more affordable, Tesla had slashed the price of the base models of its Model 3 and Model Y vehicles last week. The company cut the price of the Model Y Standard Range by $2,000 to $39,990.\nHowever, Electrek reported Sunday that the Palo Alto-based company has stopped taking orders for the vehicle and also removed the model from its online configurator.\nThe confusing moves on Tesla’s part come just over a month after it launched the Model Y Standard Range.\nTesla had originally announced the cheapest version of the Model Y in 2019, but Musk said at that time the company would not produce the Standard Range due to its “unacceptably low” range of less than 250 miles.\nPrice Action: Tesla shares closed more than 8% lower at $714.50 on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}