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KokTong
2023-06-06
Great ariticle, would you like to share it?
@Tiger_Earnings:Stocks Rose to New-High: Why SaaS is to benefit from AI-wave?
KokTong
2022-05-18
hi
Why Warren Buffett Bought Paramount, Not Netflix
KokTong
2021-09-22
$Tencent Holding Ltd.(TCEHY)$
To the moon
KokTong
2021-08-27
oh no
Wall Street loses ground, snapping rally on Afghanistan, Fed concerns
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Among them, <a href=\"https://ttm.financial/S/VEEV\">$Veeva(VEEV)$</a> released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s","listText":"Following our review of All-time-high stocks in Consumer Discretionary, some SaaS companies are reaching to a new high In Q1. <a href=\"https://ttm.financial/S/NOW\">$ServiceNow(NOW)$</a> rose to a new high of $548.18 on 2nd June; <a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a> rose to a new high of $225 on 31st May; <a href=\"https://ttm.financial/S/ADBE\">$Adobe(ADBE)$</a> rose to a new high of $438.53 on 2nd June; <a href=\"https://ttm.financial/S/VEEV\">$Veeva(VEEV)$</a> rose to a new high of $200.44 on 2nd June.Most earnings beat estimates and continued to rise after the earnings. 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Among them, $Veeva(VEEV)$ released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s","images":[{"img":"https://community-static.tradeup.com/news/864ad5e0c02f9963a7a66ac2dee80493","width":"1080","height":"958"},{"img":"https://community-static.tradeup.com/news/0c7e8012f07aec8755abd9a5b5d890e9","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/d7b314131b563d537fe14cbec512a772","width":"7500","height":"2300"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183777014800384","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023943616,"gmtCreate":1652855440935,"gmtModify":1676535175712,"author":{"id":"3575085237839408","authorId":"3575085237839408","name":"KokTong","avatar":"https://static.tigerbbs.com/02f7e5a5dfae2a5a3102418ad5bfc1dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575085237839408","authorIdStr":"3575085237839408"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023943616","repostId":"2236031787","repostType":4,"repost":{"id":"2236031787","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1652854599,"share":"https://ttm.financial/m/news/2236031787?lang=&edition=fundamental","pubTime":"2022-05-18 14:16","market":"us","language":"en","title":"Why Warren Buffett Bought Paramount, Not Netflix","url":"https://stock-news.laohu8.com/highlight/detail?id=2236031787","media":"Dow Jones","summary":"Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares","content":"<html><head></head><body><p>Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares of network parent <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> because he's a big fan of NCIS: Hawaii. He might be betting that investors have got show business all wrong.</p><p>Legacy television and movie distribution are looking like more of an asset than a drag amid the shift to streaming. It's telling that the renowned value investor didn't go instead for shares of Netflix (ticker: NFLX), which are down from a peak of $700 last November to $190 as of Tuesday's close.</p><p>Paramount (PARA) combines two legacy television companies: Viacom and CBS, both of which were cash cows. When Bob Bakish took over Viacom in 2016, TV ratings were weak and the company's storied movie studio, Paramount, was losing money. But Viacom had generated $1.2 billion in free cash on 12.5 billion in revenue in its latest fiscal year. Bakish boosted TV ratings, returned movies to profitability, and grew free cash flow.</p><p>CBS, meanwhile, was then and is now a perennial ratings leader. Back in 2016, it produced close to $1.5 billion in free cash on $13.2 billion in revenue. The two companies merged in 2019, with Bakish as chief, and launched the Paramount+ streaming service last year. The company also owns the Showtime premium channel and streaming service, and a free streaming service with commercials called Pluto TV.</p><p>It's too early to call Paramount a success. For <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing, the stock has stunk. Even after it bounced 15% on Tuesday following Buffett's Berkshire Hathaway (BRK.A, BRK.B) disclosing a stake, shareholders have lost 27% over the past three years.</p><p>The company is also spending gobs of money to bring in streaming subscribers. This year, it's expected to clear only around $700 million in free cash on revenue of more than $30 billion.</p><p>Time will tell what that spending surge does for growth. Last quarter, Paramount brought in 6.3 million subscribers, reaching 62 million. That doesn't count 68 million regular Pluto viewers that the company said was up by a double-digit percentage from a year earlier.</p><p>Note that Paramount's crimped free cash flow, when calculated against the company's recent stock market value of $20.8 billion, makes for a free cash yield of 3.4%. That's not nothing, and analysts who've ventured forecasts think free cash flow could reach $2 billion or so by 2026. What makes that appear feasible is that it implies a margin that's well lower than the one the old Viacom and CBS were achieving. If those forecasts prove accurate, Buffett will have bought into a 10% free cash yielder.</p><p>"This combination of traditional assets and streaming assets is a real advantage, both in our ability to accelerate our business and drive subscribers and create more attractive economics and margins than a pure play streamer would have," Bakish told me in February. He gave two examples of how old-fashioned distribution can lower the risk of creating streaming content. Paramount introduced a cowboy show called 1883 on cable to fans of its hit Yellowstone before moving 1883 exclusively to Paramount+. And the company has used a 45-day theater window to help make back the cost of movies that end up on streaming.</p><p>At a glance, Netflix is a much bigger fan favorite and better hitmaker, judging by its 221 million streaming subscribers and a big haul of recent awards. But it has also burned more than $8 billion in cash cumulatively over the past six years. Investors have revolted against cash burners when Netflix's growth has broken down. This quarter, it predicts a loss of two million subscribers. The company plans to launch a cheaper, ad-supported subscription tier, but setting up an ad business takes time.</p><p>We don't yet know how appealing Netflix will be as a service if the company must bring down content spending to levels that turn free cash flow consistently positive. On the flip side, we don't know whether future free cash projections will pan out if the company must ramp up spending to rekindle growth. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> analysts have estimated Netflix's 2026 free cash flow; one says $5.5 billion and the other says $9.5 billion. The midpoint, $7.5 billion, assumes both heady revenue growth and a margin that far exceeds what Viacom and CBS were generating back in 2016.</p><p>Bottom line: Netflix has four times the market value of Paramount today, but it's far from clear that it can produce four times the free cash flow even several years from now. Maybe it will prove to be a technology company that's unbound by the traditional limitations of putting up cash to try to make hits. But if it's just a show business company with a head start online, Buffett's bet is likely to outperform.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Warren Buffett Bought Paramount, Not Netflix</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 Warren Buffett Bought Paramount, Not Netflix\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-18 14:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares of network parent <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> because he's a big fan of NCIS: Hawaii. He might be betting that investors have got show business all wrong.</p><p>Legacy television and movie distribution are looking like more of an asset than a drag amid the shift to streaming. It's telling that the renowned value investor didn't go instead for shares of Netflix (ticker: NFLX), which are down from a peak of $700 last November to $190 as of Tuesday's close.</p><p>Paramount (PARA) combines two legacy television companies: Viacom and CBS, both of which were cash cows. When Bob Bakish took over Viacom in 2016, TV ratings were weak and the company's storied movie studio, Paramount, was losing money. But Viacom had generated $1.2 billion in free cash on 12.5 billion in revenue in its latest fiscal year. Bakish boosted TV ratings, returned movies to profitability, and grew free cash flow.</p><p>CBS, meanwhile, was then and is now a perennial ratings leader. Back in 2016, it produced close to $1.5 billion in free cash on $13.2 billion in revenue. The two companies merged in 2019, with Bakish as chief, and launched the Paramount+ streaming service last year. The company also owns the Showtime premium channel and streaming service, and a free streaming service with commercials called Pluto TV.</p><p>It's too early to call Paramount a success. For <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing, the stock has stunk. Even after it bounced 15% on Tuesday following Buffett's Berkshire Hathaway (BRK.A, BRK.B) disclosing a stake, shareholders have lost 27% over the past three years.</p><p>The company is also spending gobs of money to bring in streaming subscribers. This year, it's expected to clear only around $700 million in free cash on revenue of more than $30 billion.</p><p>Time will tell what that spending surge does for growth. Last quarter, Paramount brought in 6.3 million subscribers, reaching 62 million. That doesn't count 68 million regular Pluto viewers that the company said was up by a double-digit percentage from a year earlier.</p><p>Note that Paramount's crimped free cash flow, when calculated against the company's recent stock market value of $20.8 billion, makes for a free cash yield of 3.4%. That's not nothing, and analysts who've ventured forecasts think free cash flow could reach $2 billion or so by 2026. What makes that appear feasible is that it implies a margin that's well lower than the one the old Viacom and CBS were achieving. If those forecasts prove accurate, Buffett will have bought into a 10% free cash yielder.</p><p>"This combination of traditional assets and streaming assets is a real advantage, both in our ability to accelerate our business and drive subscribers and create more attractive economics and margins than a pure play streamer would have," Bakish told me in February. He gave two examples of how old-fashioned distribution can lower the risk of creating streaming content. Paramount introduced a cowboy show called 1883 on cable to fans of its hit Yellowstone before moving 1883 exclusively to Paramount+. And the company has used a 45-day theater window to help make back the cost of movies that end up on streaming.</p><p>At a glance, Netflix is a much bigger fan favorite and better hitmaker, judging by its 221 million streaming subscribers and a big haul of recent awards. But it has also burned more than $8 billion in cash cumulatively over the past six years. Investors have revolted against cash burners when Netflix's growth has broken down. This quarter, it predicts a loss of two million subscribers. The company plans to launch a cheaper, ad-supported subscription tier, but setting up an ad business takes time.</p><p>We don't yet know how appealing Netflix will be as a service if the company must bring down content spending to levels that turn free cash flow consistently positive. On the flip side, we don't know whether future free cash projections will pan out if the company must ramp up spending to rekindle growth. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> analysts have estimated Netflix's 2026 free cash flow; one says $5.5 billion and the other says $9.5 billion. The midpoint, $7.5 billion, assumes both heady revenue growth and a margin that far exceeds what Viacom and CBS were generating back in 2016.</p><p>Bottom line: Netflix has four times the market value of Paramount today, but it's far from clear that it can produce four times the free cash flow even several years from now. Maybe it will prove to be a technology company that's unbound by the traditional limitations of putting up cash to try to make hits. But if it's just a show business company with a head start online, Buffett's bet is likely to outperform.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","BK4532":"文艺复兴科技持仓","BK4566":"资本集团","BK4524":"宅经济概念","PARA":"Paramount Global","BK4548":"巴美列捷福持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4194":"办公房地产投资信托","BK4108":"电影和娱乐","BK4551":"寇图资本持仓","BK4507":"流媒体概念","PARAA":"Paramount Global","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","PGRE":"Paramount Group","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236031787","content_text":"Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares of network parent Paramount Global because he's a big fan of NCIS: Hawaii. He might be betting that investors have got show business all wrong.Legacy television and movie distribution are looking like more of an asset than a drag amid the shift to streaming. It's telling that the renowned value investor didn't go instead for shares of Netflix (ticker: NFLX), which are down from a peak of $700 last November to $190 as of Tuesday's close.Paramount (PARA) combines two legacy television companies: Viacom and CBS, both of which were cash cows. When Bob Bakish took over Viacom in 2016, TV ratings were weak and the company's storied movie studio, Paramount, was losing money. But Viacom had generated $1.2 billion in free cash on 12.5 billion in revenue in its latest fiscal year. Bakish boosted TV ratings, returned movies to profitability, and grew free cash flow.CBS, meanwhile, was then and is now a perennial ratings leader. Back in 2016, it produced close to $1.5 billion in free cash on $13.2 billion in revenue. The two companies merged in 2019, with Bakish as chief, and launched the Paramount+ streaming service last year. The company also owns the Showtime premium channel and streaming service, and a free streaming service with commercials called Pluto TV.It's too early to call Paramount a success. For one thing, the stock has stunk. Even after it bounced 15% on Tuesday following Buffett's Berkshire Hathaway (BRK.A, BRK.B) disclosing a stake, shareholders have lost 27% over the past three years.The company is also spending gobs of money to bring in streaming subscribers. This year, it's expected to clear only around $700 million in free cash on revenue of more than $30 billion.Time will tell what that spending surge does for growth. Last quarter, Paramount brought in 6.3 million subscribers, reaching 62 million. That doesn't count 68 million regular Pluto viewers that the company said was up by a double-digit percentage from a year earlier.Note that Paramount's crimped free cash flow, when calculated against the company's recent stock market value of $20.8 billion, makes for a free cash yield of 3.4%. That's not nothing, and analysts who've ventured forecasts think free cash flow could reach $2 billion or so by 2026. What makes that appear feasible is that it implies a margin that's well lower than the one the old Viacom and CBS were achieving. If those forecasts prove accurate, Buffett will have bought into a 10% free cash yielder.\"This combination of traditional assets and streaming assets is a real advantage, both in our ability to accelerate our business and drive subscribers and create more attractive economics and margins than a pure play streamer would have,\" Bakish told me in February. He gave two examples of how old-fashioned distribution can lower the risk of creating streaming content. Paramount introduced a cowboy show called 1883 on cable to fans of its hit Yellowstone before moving 1883 exclusively to Paramount+. And the company has used a 45-day theater window to help make back the cost of movies that end up on streaming.At a glance, Netflix is a much bigger fan favorite and better hitmaker, judging by its 221 million streaming subscribers and a big haul of recent awards. But it has also burned more than $8 billion in cash cumulatively over the past six years. Investors have revolted against cash burners when Netflix's growth has broken down. This quarter, it predicts a loss of two million subscribers. The company plans to launch a cheaper, ad-supported subscription tier, but setting up an ad business takes time.We don't yet know how appealing Netflix will be as a service if the company must bring down content spending to levels that turn free cash flow consistently positive. On the flip side, we don't know whether future free cash projections will pan out if the company must ramp up spending to rekindle growth. Two analysts have estimated Netflix's 2026 free cash flow; one says $5.5 billion and the other says $9.5 billion. The midpoint, $7.5 billion, assumes both heady revenue growth and a margin that far exceeds what Viacom and CBS were generating back in 2016.Bottom line: Netflix has four times the market value of Paramount today, but it's far from clear that it can produce four times the free cash flow even several years from now. Maybe it will prove to be a technology company that's unbound by the traditional limitations of putting up cash to try to make hits. But if it's just a show business company with a head start online, Buffett's bet is likely to outperform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869528849,"gmtCreate":1632306954081,"gmtModify":1676530748148,"author":{"id":"3575085237839408","authorId":"3575085237839408","name":"KokTong","avatar":"https://static.tigerbbs.com/02f7e5a5dfae2a5a3102418ad5bfc1dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575085237839408","authorIdStr":"3575085237839408"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>To the moon","listText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>To the moon","text":"$Tencent Holding Ltd.(TCEHY)$To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869528849","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819695668,"gmtCreate":1630062046354,"gmtModify":1676530213917,"author":{"id":"3575085237839408","authorId":"3575085237839408","name":"KokTong","avatar":"https://static.tigerbbs.com/02f7e5a5dfae2a5a3102418ad5bfc1dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575085237839408","authorIdStr":"3575085237839408"},"themes":[],"htmlText":"oh no","listText":"oh no","text":"oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819695668","repostId":"2162847016","repostType":4,"repost":{"id":"2162847016","pubTimestamp":1630008724,"share":"https://ttm.financial/m/news/2162847016?lang=&edition=fundamental","pubTime":"2021-08-27 04:12","market":"us","language":"en","title":"Wall Street loses ground, snapping rally on Afghanistan, Fed concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2162847016","media":"Reuters","summary":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closi","content":"<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes ended the session in the red, with the S&P and the Nasdaq notching their first down day in six.</p>\n<p>The sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.</p>\n<p>Kaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.</p>\n<p>Kaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.</p>\n<p>\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"</p>\n<p>\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.</p>\n<p>The economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.</p>\n<p>The data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.</p>\n<p>\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"</p>\n<p>The Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.</p>\n<p>Of the 11 major sectors in the S&P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.</p>\n<p>Discount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.</p>\n<p>Coty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.</p>\n<p>Salesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.</p>\n<p>NetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.</p>\n<p>Volume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street loses ground, snapping rally on Afghanistan, Fed concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street loses ground, snapping rally on Afghanistan, Fed concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 04:12 GMT+8 <a href=https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","COMP":"Compass, Inc.","OEX":"标普100","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162847016","content_text":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.\nAll three major U.S. stock indexes ended the session in the red, with the S&P and the Nasdaq notching their first down day in six.\nThe sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.\nKaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.\nKaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.\n\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"\n\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.\nThe economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.\nThe data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.\n\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"\nThe Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.\nOf the 11 major sectors in the S&P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.\nDiscount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.\nCoty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.\nSalesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.\nNetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.\nThe S&P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.\nVolume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":819695668,"gmtCreate":1630062046354,"gmtModify":1676530213917,"author":{"id":"3575085237839408","authorId":"3575085237839408","name":"KokTong","avatar":"https://static.tigerbbs.com/02f7e5a5dfae2a5a3102418ad5bfc1dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575085237839408","authorIdStr":"3575085237839408"},"themes":[],"htmlText":"oh no","listText":"oh no","text":"oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819695668","repostId":"2162847016","repostType":4,"repost":{"id":"2162847016","pubTimestamp":1630008724,"share":"https://ttm.financial/m/news/2162847016?lang=&edition=fundamental","pubTime":"2021-08-27 04:12","market":"us","language":"en","title":"Wall Street loses ground, snapping rally on Afghanistan, Fed concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2162847016","media":"Reuters","summary":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closi","content":"<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes ended the session in the red, with the S&P and the Nasdaq notching their first down day in six.</p>\n<p>The sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.</p>\n<p>Kaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.</p>\n<p>Kaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.</p>\n<p>\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"</p>\n<p>\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.</p>\n<p>The economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.</p>\n<p>The data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.</p>\n<p>\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"</p>\n<p>The Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.</p>\n<p>Of the 11 major sectors in the S&P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.</p>\n<p>Discount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.</p>\n<p>Coty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.</p>\n<p>Salesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.</p>\n<p>NetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.</p>\n<p>Volume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street loses ground, snapping rally on Afghanistan, Fed concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street loses ground, snapping rally on Afghanistan, Fed concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 04:12 GMT+8 <a href=https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","COMP":"Compass, Inc.","OEX":"标普100","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162847016","content_text":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.\nAll three major U.S. stock indexes ended the session in the red, with the S&P and the Nasdaq notching their first down day in six.\nThe sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.\nKaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.\nKaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.\n\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"\n\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.\nThe economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.\nThe data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.\n\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"\nThe Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.\nOf the 11 major sectors in the S&P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.\nDiscount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.\nCoty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.\nSalesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.\nNetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.\nThe S&P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.\nVolume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023943616,"gmtCreate":1652855440935,"gmtModify":1676535175712,"author":{"id":"3575085237839408","authorId":"3575085237839408","name":"KokTong","avatar":"https://static.tigerbbs.com/02f7e5a5dfae2a5a3102418ad5bfc1dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575085237839408","authorIdStr":"3575085237839408"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023943616","repostId":"2236031787","repostType":4,"repost":{"id":"2236031787","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1652854599,"share":"https://ttm.financial/m/news/2236031787?lang=&edition=fundamental","pubTime":"2022-05-18 14:16","market":"us","language":"en","title":"Why Warren Buffett Bought Paramount, Not Netflix","url":"https://stock-news.laohu8.com/highlight/detail?id=2236031787","media":"Dow Jones","summary":"Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares","content":"<html><head></head><body><p>Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares of network parent <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> because he's a big fan of NCIS: Hawaii. He might be betting that investors have got show business all wrong.</p><p>Legacy television and movie distribution are looking like more of an asset than a drag amid the shift to streaming. It's telling that the renowned value investor didn't go instead for shares of Netflix (ticker: NFLX), which are down from a peak of $700 last November to $190 as of Tuesday's close.</p><p>Paramount (PARA) combines two legacy television companies: Viacom and CBS, both of which were cash cows. When Bob Bakish took over Viacom in 2016, TV ratings were weak and the company's storied movie studio, Paramount, was losing money. But Viacom had generated $1.2 billion in free cash on 12.5 billion in revenue in its latest fiscal year. Bakish boosted TV ratings, returned movies to profitability, and grew free cash flow.</p><p>CBS, meanwhile, was then and is now a perennial ratings leader. Back in 2016, it produced close to $1.5 billion in free cash on $13.2 billion in revenue. The two companies merged in 2019, with Bakish as chief, and launched the Paramount+ streaming service last year. The company also owns the Showtime premium channel and streaming service, and a free streaming service with commercials called Pluto TV.</p><p>It's too early to call Paramount a success. For <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing, the stock has stunk. Even after it bounced 15% on Tuesday following Buffett's Berkshire Hathaway (BRK.A, BRK.B) disclosing a stake, shareholders have lost 27% over the past three years.</p><p>The company is also spending gobs of money to bring in streaming subscribers. This year, it's expected to clear only around $700 million in free cash on revenue of more than $30 billion.</p><p>Time will tell what that spending surge does for growth. Last quarter, Paramount brought in 6.3 million subscribers, reaching 62 million. That doesn't count 68 million regular Pluto viewers that the company said was up by a double-digit percentage from a year earlier.</p><p>Note that Paramount's crimped free cash flow, when calculated against the company's recent stock market value of $20.8 billion, makes for a free cash yield of 3.4%. That's not nothing, and analysts who've ventured forecasts think free cash flow could reach $2 billion or so by 2026. What makes that appear feasible is that it implies a margin that's well lower than the one the old Viacom and CBS were achieving. If those forecasts prove accurate, Buffett will have bought into a 10% free cash yielder.</p><p>"This combination of traditional assets and streaming assets is a real advantage, both in our ability to accelerate our business and drive subscribers and create more attractive economics and margins than a pure play streamer would have," Bakish told me in February. He gave two examples of how old-fashioned distribution can lower the risk of creating streaming content. Paramount introduced a cowboy show called 1883 on cable to fans of its hit Yellowstone before moving 1883 exclusively to Paramount+. And the company has used a 45-day theater window to help make back the cost of movies that end up on streaming.</p><p>At a glance, Netflix is a much bigger fan favorite and better hitmaker, judging by its 221 million streaming subscribers and a big haul of recent awards. But it has also burned more than $8 billion in cash cumulatively over the past six years. Investors have revolted against cash burners when Netflix's growth has broken down. This quarter, it predicts a loss of two million subscribers. The company plans to launch a cheaper, ad-supported subscription tier, but setting up an ad business takes time.</p><p>We don't yet know how appealing Netflix will be as a service if the company must bring down content spending to levels that turn free cash flow consistently positive. On the flip side, we don't know whether future free cash projections will pan out if the company must ramp up spending to rekindle growth. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> analysts have estimated Netflix's 2026 free cash flow; one says $5.5 billion and the other says $9.5 billion. The midpoint, $7.5 billion, assumes both heady revenue growth and a margin that far exceeds what Viacom and CBS were generating back in 2016.</p><p>Bottom line: Netflix has four times the market value of Paramount today, but it's far from clear that it can produce four times the free cash flow even several years from now. Maybe it will prove to be a technology company that's unbound by the traditional limitations of putting up cash to try to make hits. But if it's just a show business company with a head start online, Buffett's bet is likely to outperform.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Warren Buffett Bought Paramount, Not Netflix</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 Warren Buffett Bought Paramount, Not Netflix\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-18 14:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares of network parent <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> because he's a big fan of NCIS: Hawaii. He might be betting that investors have got show business all wrong.</p><p>Legacy television and movie distribution are looking like more of an asset than a drag amid the shift to streaming. It's telling that the renowned value investor didn't go instead for shares of Netflix (ticker: NFLX), which are down from a peak of $700 last November to $190 as of Tuesday's close.</p><p>Paramount (PARA) combines two legacy television companies: Viacom and CBS, both of which were cash cows. When Bob Bakish took over Viacom in 2016, TV ratings were weak and the company's storied movie studio, Paramount, was losing money. But Viacom had generated $1.2 billion in free cash on 12.5 billion in revenue in its latest fiscal year. Bakish boosted TV ratings, returned movies to profitability, and grew free cash flow.</p><p>CBS, meanwhile, was then and is now a perennial ratings leader. Back in 2016, it produced close to $1.5 billion in free cash on $13.2 billion in revenue. The two companies merged in 2019, with Bakish as chief, and launched the Paramount+ streaming service last year. The company also owns the Showtime premium channel and streaming service, and a free streaming service with commercials called Pluto TV.</p><p>It's too early to call Paramount a success. For <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing, the stock has stunk. Even after it bounced 15% on Tuesday following Buffett's Berkshire Hathaway (BRK.A, BRK.B) disclosing a stake, shareholders have lost 27% over the past three years.</p><p>The company is also spending gobs of money to bring in streaming subscribers. This year, it's expected to clear only around $700 million in free cash on revenue of more than $30 billion.</p><p>Time will tell what that spending surge does for growth. Last quarter, Paramount brought in 6.3 million subscribers, reaching 62 million. That doesn't count 68 million regular Pluto viewers that the company said was up by a double-digit percentage from a year earlier.</p><p>Note that Paramount's crimped free cash flow, when calculated against the company's recent stock market value of $20.8 billion, makes for a free cash yield of 3.4%. That's not nothing, and analysts who've ventured forecasts think free cash flow could reach $2 billion or so by 2026. What makes that appear feasible is that it implies a margin that's well lower than the one the old Viacom and CBS were achieving. If those forecasts prove accurate, Buffett will have bought into a 10% free cash yielder.</p><p>"This combination of traditional assets and streaming assets is a real advantage, both in our ability to accelerate our business and drive subscribers and create more attractive economics and margins than a pure play streamer would have," Bakish told me in February. He gave two examples of how old-fashioned distribution can lower the risk of creating streaming content. Paramount introduced a cowboy show called 1883 on cable to fans of its hit Yellowstone before moving 1883 exclusively to Paramount+. And the company has used a 45-day theater window to help make back the cost of movies that end up on streaming.</p><p>At a glance, Netflix is a much bigger fan favorite and better hitmaker, judging by its 221 million streaming subscribers and a big haul of recent awards. But it has also burned more than $8 billion in cash cumulatively over the past six years. Investors have revolted against cash burners when Netflix's growth has broken down. This quarter, it predicts a loss of two million subscribers. The company plans to launch a cheaper, ad-supported subscription tier, but setting up an ad business takes time.</p><p>We don't yet know how appealing Netflix will be as a service if the company must bring down content spending to levels that turn free cash flow consistently positive. On the flip side, we don't know whether future free cash projections will pan out if the company must ramp up spending to rekindle growth. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> analysts have estimated Netflix's 2026 free cash flow; one says $5.5 billion and the other says $9.5 billion. The midpoint, $7.5 billion, assumes both heady revenue growth and a margin that far exceeds what Viacom and CBS were generating back in 2016.</p><p>Bottom line: Netflix has four times the market value of Paramount today, but it's far from clear that it can produce four times the free cash flow even several years from now. Maybe it will prove to be a technology company that's unbound by the traditional limitations of putting up cash to try to make hits. But if it's just a show business company with a head start online, Buffett's bet is likely to outperform.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","BK4532":"文艺复兴科技持仓","BK4566":"资本集团","BK4524":"宅经济概念","PARA":"Paramount Global","BK4548":"巴美列捷福持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4194":"办公房地产投资信托","BK4108":"电影和娱乐","BK4551":"寇图资本持仓","BK4507":"流媒体概念","PARAA":"Paramount Global","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","PGRE":"Paramount Group","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236031787","content_text":"Older viewers love CBS, but I'm guessing that Warren Buffett didn't just drop $2.6 billion on shares of network parent Paramount Global because he's a big fan of NCIS: Hawaii. He might be betting that investors have got show business all wrong.Legacy television and movie distribution are looking like more of an asset than a drag amid the shift to streaming. It's telling that the renowned value investor didn't go instead for shares of Netflix (ticker: NFLX), which are down from a peak of $700 last November to $190 as of Tuesday's close.Paramount (PARA) combines two legacy television companies: Viacom and CBS, both of which were cash cows. When Bob Bakish took over Viacom in 2016, TV ratings were weak and the company's storied movie studio, Paramount, was losing money. But Viacom had generated $1.2 billion in free cash on 12.5 billion in revenue in its latest fiscal year. Bakish boosted TV ratings, returned movies to profitability, and grew free cash flow.CBS, meanwhile, was then and is now a perennial ratings leader. Back in 2016, it produced close to $1.5 billion in free cash on $13.2 billion in revenue. The two companies merged in 2019, with Bakish as chief, and launched the Paramount+ streaming service last year. The company also owns the Showtime premium channel and streaming service, and a free streaming service with commercials called Pluto TV.It's too early to call Paramount a success. For one thing, the stock has stunk. Even after it bounced 15% on Tuesday following Buffett's Berkshire Hathaway (BRK.A, BRK.B) disclosing a stake, shareholders have lost 27% over the past three years.The company is also spending gobs of money to bring in streaming subscribers. This year, it's expected to clear only around $700 million in free cash on revenue of more than $30 billion.Time will tell what that spending surge does for growth. Last quarter, Paramount brought in 6.3 million subscribers, reaching 62 million. That doesn't count 68 million regular Pluto viewers that the company said was up by a double-digit percentage from a year earlier.Note that Paramount's crimped free cash flow, when calculated against the company's recent stock market value of $20.8 billion, makes for a free cash yield of 3.4%. That's not nothing, and analysts who've ventured forecasts think free cash flow could reach $2 billion or so by 2026. What makes that appear feasible is that it implies a margin that's well lower than the one the old Viacom and CBS were achieving. If those forecasts prove accurate, Buffett will have bought into a 10% free cash yielder.\"This combination of traditional assets and streaming assets is a real advantage, both in our ability to accelerate our business and drive subscribers and create more attractive economics and margins than a pure play streamer would have,\" Bakish told me in February. He gave two examples of how old-fashioned distribution can lower the risk of creating streaming content. Paramount introduced a cowboy show called 1883 on cable to fans of its hit Yellowstone before moving 1883 exclusively to Paramount+. And the company has used a 45-day theater window to help make back the cost of movies that end up on streaming.At a glance, Netflix is a much bigger fan favorite and better hitmaker, judging by its 221 million streaming subscribers and a big haul of recent awards. But it has also burned more than $8 billion in cash cumulatively over the past six years. Investors have revolted against cash burners when Netflix's growth has broken down. This quarter, it predicts a loss of two million subscribers. The company plans to launch a cheaper, ad-supported subscription tier, but setting up an ad business takes time.We don't yet know how appealing Netflix will be as a service if the company must bring down content spending to levels that turn free cash flow consistently positive. On the flip side, we don't know whether future free cash projections will pan out if the company must ramp up spending to rekindle growth. Two analysts have estimated Netflix's 2026 free cash flow; one says $5.5 billion and the other says $9.5 billion. The midpoint, $7.5 billion, assumes both heady revenue growth and a margin that far exceeds what Viacom and CBS were generating back in 2016.Bottom line: Netflix has four times the market value of Paramount today, but it's far from clear that it can produce four times the free cash flow even several years from now. Maybe it will prove to be a technology company that's unbound by the traditional limitations of putting up cash to try to make hits. But if it's just a show business company with a head start online, Buffett's bet is likely to outperform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184447354970224,"gmtCreate":1686055661347,"gmtModify":1686055665404,"author":{"id":"3575085237839408","authorId":"3575085237839408","name":"KokTong","avatar":"https://static.tigerbbs.com/02f7e5a5dfae2a5a3102418ad5bfc1dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575085237839408","authorIdStr":"3575085237839408"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184447354970224","repostId":"183777014800384","repostType":1,"repost":{"id":183777014800384,"gmtCreate":1685887671473,"gmtModify":1685887685433,"author":{"id":"3527667620927015","authorId":"3527667620927015","name":"Tiger_Earnings","avatar":"https://static.tigerbbs.com/1849fb1fb43d93db3974fd09c5f65ff1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667620927015","authorIdStr":"3527667620927015"},"themes":[],"title":"Stocks Rose to New-High: Why SaaS is to benefit from AI-wave?","htmlText":"Following our review of All-time-high stocks in Consumer Discretionary, some SaaS companies are reaching to a new high In Q1. <a href=\"https://ttm.financial/S/NOW\">$ServiceNow(NOW)$</a> rose to a new high of $548.18 on 2nd June; <a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a> rose to a new high of $225 on 31st May; <a href=\"https://ttm.financial/S/ADBE\">$Adobe(ADBE)$</a> rose to a new high of $438.53 on 2nd June; <a href=\"https://ttm.financial/S/VEEV\">$Veeva(VEEV)$</a> rose to a new high of $200.44 on 2nd June.Most earnings beat estimates and continued to rise after the earnings. Among them, <a href=\"https://ttm.financial/S/VEEV\">$Veeva(VEEV)$</a> released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s","listText":"Following our review of All-time-high stocks in Consumer Discretionary, some SaaS companies are reaching to a new high In Q1. <a href=\"https://ttm.financial/S/NOW\">$ServiceNow(NOW)$</a> rose to a new high of $548.18 on 2nd June; <a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a> rose to a new high of $225 on 31st May; <a href=\"https://ttm.financial/S/ADBE\">$Adobe(ADBE)$</a> rose to a new high of $438.53 on 2nd June; <a href=\"https://ttm.financial/S/VEEV\">$Veeva(VEEV)$</a> rose to a new high of $200.44 on 2nd June.Most earnings beat estimates and continued to rise after the earnings. Among them, <a href=\"https://ttm.financial/S/VEEV\">$Veeva(VEEV)$</a> released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s","text":"Following our review of All-time-high stocks in Consumer Discretionary, some SaaS companies are reaching to a new high In Q1. $ServiceNow(NOW)$ rose to a new high of $548.18 on 2nd June; $Salesforce.com(CRM)$ rose to a new high of $225 on 31st May; $Adobe(ADBE)$ rose to a new high of $438.53 on 2nd June; $Veeva(VEEV)$ rose to a new high of $200.44 on 2nd June.Most earnings beat estimates and continued to rise after the earnings. Among them, $Veeva(VEEV)$ released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s","images":[{"img":"https://community-static.tradeup.com/news/864ad5e0c02f9963a7a66ac2dee80493","width":"1080","height":"958"},{"img":"https://community-static.tradeup.com/news/0c7e8012f07aec8755abd9a5b5d890e9","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/d7b314131b563d537fe14cbec512a772","width":"7500","height":"2300"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183777014800384","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869528849,"gmtCreate":1632306954081,"gmtModify":1676530748148,"author":{"id":"3575085237839408","authorId":"3575085237839408","name":"KokTong","avatar":"https://static.tigerbbs.com/02f7e5a5dfae2a5a3102418ad5bfc1dd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575085237839408","authorIdStr":"3575085237839408"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>To the moon","listText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>To the moon","text":"$Tencent Holding Ltd.(TCEHY)$To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869528849","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}