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WilliamTeo

WilliamTeo

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2021-03-22

$GameStop(GME)$diamond hand here

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$CN Energy Group Inc.(CNEY)$when going up

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1 Big Reason to Buy Snowflake Stock Right Now

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The Damaging AMC Entertainment Data Point No One Is Paying Attention To

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19:12","market":"us","language":"en","title":"Here's Why I'm More Excited Than Ever After This Fintech's Second-Quarter Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2159294386","media":"Motley Fool","summary":"This company has already delivered 20-bagger returns for me, but I don't plan to sell.","content":"<p><b>Square</b> (NYSE:SQ) has delivered incredible gains for early investors, but the company's growth and market opportunity certainly justify it. In this&nbsp;<i>Fool Live</i> video clip,&nbsp;<b>recorded on Aug. 2</b>, Fool.com contributor Matt Frankel, CFP, discusses Square's latest results with&nbsp;<i>Industry Focus&nbsp;</i>host Jason Moser, and explains why he isn't planning to sell a single share of the fintech giant.</p>\n<p><b>Jason Moser:</b> In regard to the quarterly results, because earnings came out along with this press release, and I was looking through those numbers for the quarter, Matt. And it was another really impressive quarter. I do think that the market likes this deal and perhaps, that's part of the enthusiasm behind the stock today. But I also believe that this was another strong quarter and really showed the rebound, particularly in that physical retail side, like you've talked about before. There was a pretty strong rebound in spending through Square's networks.</p>\n<p><b>Matt Frankel:</b> You really hit the nail on the head there because there is a big rebound here. Square, unlike <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b> (NASDAQ:PYPL), is more based on physical merchants. There's a lot of online businesses at Square, but they're very concentrated in physical retail. Gross profit was up 91% year over year. It's not that they grew by 91%, it's that the business rebounded because the second quarter of last year was pretty terrible for any type of physical retail. They were very profitable this quarter, that was a big standout to me, was just the profitability of the business. Over $200 million in net income is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the highest totals the company has ever posted. Comparing things to a couple of years ago, if you look at the gross payment volume of $38.8 billion in the seller ecosystem, that's almost 50% higher than it was at the same quarter in 2019 before the pandemic.</p>\n<p><b>Moser:</b> Wow.</p>\n<p><b>Frankel:</b> They are up by 50% over pre-pandemic levels. They still have almost $7 billion in cash on the balance sheet, which remember: They're not spending a dime on the Afterpay acquisition, that's all stock, so they're keeping that. One stat that stood out to me, and I'll end with this one on Square's earnings, on the Cash App side, I mentioned earlier that they hit 40 million active users. Their gross profit per active user now was $55 in the second quarter, so $55 per active user. That's 2 1/2 times as much as it was pre-pandemic. Square is doing a much better job of monetizing its Cash App user base, which is the key to profitability, as we're seeing reflected in the results. I like the quarter, I'm much more of a fan of their quarterly numbers than I am of the Afterpay acquisition. I'm not totally sold on the acquisition. I think it's a good fit, but I think they might be overpaying a little bit, but the numbers look great. Their business keeps growing and they're clearly rebounding. They're clearly a big beneficiary of the reopening. I can see that continuing for the rest of the year. Because if you remember, the first half of the second quarter was still pretty socially distance and masked up and capacity limitations. It wasn't until midway through May or so when most places started lifting their requirements.</p>\n<p><b>Moser:</b> Yeah. Even just a little bit. One thing I noticed, and I'd be interested in your perspective here because I am wondering if this is something that would be more temporary in nature just given what we've gone through over the past year and the economic stimulus that's been passed along: I saw inflows per monthly transacting active customer. Those inflows nearly doubled compared to a couple of years ago. They noted that these inflows, the gross in the inflows to the Cash App customer is really the primary driver of Cash App gross profit growth. We've seen a lot of inflows here for obvious reasons. Plenty of stimulus. Square has proven itself to be a part of the solution in giving people quicker access to their money. But I wonder: Could there be a lull in those inflows that we should expect over the course of the next year as we see monetary policy tighten a little bit? Obviously, stimulus won't be as significant. The flip side to that is that the employment picture continues to gain steam and people are just using those tools that Square is providing through Cash App. Those inflows keep coming. I wonder if there is maybe not a headwind&nbsp;there on the horizon in regard to those inflows.</p>\n<p><b>Frankel:</b> That's a good point. The goal is for Square to convert those inflows into lasting relationships that use other parts of their business. It's a question of whether they'll be able to do that successfully. Think of it in the context of <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a></b> (NASDAQ:ZM). Obviously, not everyone is going to have virtual meetings for ever and ever after the pandemic, but it gets people into their ecosystem that they can then use to sell other products and services to, and that's really where the big value is coming from. The same thing applies here. It's the pandemic really. It's not going to last where people are saving their stimulus checks, because I don't see three or four stimulus checks per year coming indefinitely. That's not the point, though. The point is that that money brought people into Square's ecosystem because they made it very easy for people to deposit their stimulus checks and things like that into the accounts and really could bring people into their ecosystem that they could cross-sell different services and products. It's like, \"Oh, you deposited your stimulus check? Become a brokerage customer, make some investments through here, buy some Bitcoin.\" Engagement is really the key, and it seems so far like they've been able to engage their new users really well. It's a question of whether that will continue. The inflows, there will absolutely be a lull, unquestionably. We'll see what happens with the customer engagement and how well that all the new people they brought into the Cash App ecosystem in the past year and a half or so will translate into revenue down the road.</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>Here's Why I'm More Excited Than Ever After This Fintech's Second-Quarter 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\">\nHere's Why I'm More Excited Than Ever After This Fintech's Second-Quarter Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 19:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/13/heres-why-im-more-excited-than-ever-after-this-fin/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Square (NYSE:SQ) has delivered incredible gains for early investors, but the company's growth and market opportunity certainly justify it. In this Fool Live video clip, recorded on Aug. 2, Fool.com ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/13/heres-why-im-more-excited-than-ever-after-this-fin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/13/heres-why-im-more-excited-than-ever-after-this-fin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159294386","content_text":"Square (NYSE:SQ) has delivered incredible gains for early investors, but the company's growth and market opportunity certainly justify it. In this Fool Live video clip, recorded on Aug. 2, Fool.com contributor Matt Frankel, CFP, discusses Square's latest results with Industry Focus host Jason Moser, and explains why he isn't planning to sell a single share of the fintech giant.\nJason Moser: In regard to the quarterly results, because earnings came out along with this press release, and I was looking through those numbers for the quarter, Matt. And it was another really impressive quarter. I do think that the market likes this deal and perhaps, that's part of the enthusiasm behind the stock today. But I also believe that this was another strong quarter and really showed the rebound, particularly in that physical retail side, like you've talked about before. There was a pretty strong rebound in spending through Square's networks.\nMatt Frankel: You really hit the nail on the head there because there is a big rebound here. Square, unlike PayPal (NASDAQ:PYPL), is more based on physical merchants. There's a lot of online businesses at Square, but they're very concentrated in physical retail. Gross profit was up 91% year over year. It's not that they grew by 91%, it's that the business rebounded because the second quarter of last year was pretty terrible for any type of physical retail. They were very profitable this quarter, that was a big standout to me, was just the profitability of the business. Over $200 million in net income is one of the highest totals the company has ever posted. Comparing things to a couple of years ago, if you look at the gross payment volume of $38.8 billion in the seller ecosystem, that's almost 50% higher than it was at the same quarter in 2019 before the pandemic.\nMoser: Wow.\nFrankel: They are up by 50% over pre-pandemic levels. They still have almost $7 billion in cash on the balance sheet, which remember: They're not spending a dime on the Afterpay acquisition, that's all stock, so they're keeping that. One stat that stood out to me, and I'll end with this one on Square's earnings, on the Cash App side, I mentioned earlier that they hit 40 million active users. Their gross profit per active user now was $55 in the second quarter, so $55 per active user. That's 2 1/2 times as much as it was pre-pandemic. Square is doing a much better job of monetizing its Cash App user base, which is the key to profitability, as we're seeing reflected in the results. I like the quarter, I'm much more of a fan of their quarterly numbers than I am of the Afterpay acquisition. I'm not totally sold on the acquisition. I think it's a good fit, but I think they might be overpaying a little bit, but the numbers look great. Their business keeps growing and they're clearly rebounding. They're clearly a big beneficiary of the reopening. I can see that continuing for the rest of the year. Because if you remember, the first half of the second quarter was still pretty socially distance and masked up and capacity limitations. It wasn't until midway through May or so when most places started lifting their requirements.\nMoser: Yeah. Even just a little bit. One thing I noticed, and I'd be interested in your perspective here because I am wondering if this is something that would be more temporary in nature just given what we've gone through over the past year and the economic stimulus that's been passed along: I saw inflows per monthly transacting active customer. Those inflows nearly doubled compared to a couple of years ago. They noted that these inflows, the gross in the inflows to the Cash App customer is really the primary driver of Cash App gross profit growth. We've seen a lot of inflows here for obvious reasons. Plenty of stimulus. Square has proven itself to be a part of the solution in giving people quicker access to their money. But I wonder: Could there be a lull in those inflows that we should expect over the course of the next year as we see monetary policy tighten a little bit? Obviously, stimulus won't be as significant. The flip side to that is that the employment picture continues to gain steam and people are just using those tools that Square is providing through Cash App. Those inflows keep coming. I wonder if there is maybe not a headwind there on the horizon in regard to those inflows.\nFrankel: That's a good point. The goal is for Square to convert those inflows into lasting relationships that use other parts of their business. It's a question of whether they'll be able to do that successfully. Think of it in the context of Zoom (NASDAQ:ZM). Obviously, not everyone is going to have virtual meetings for ever and ever after the pandemic, but it gets people into their ecosystem that they can then use to sell other products and services to, and that's really where the big value is coming from. The same thing applies here. It's the pandemic really. It's not going to last where people are saving their stimulus checks, because I don't see three or four stimulus checks per year coming indefinitely. That's not the point, though. The point is that that money brought people into Square's ecosystem because they made it very easy for people to deposit their stimulus checks and things like that into the accounts and really could bring people into their ecosystem that they could cross-sell different services and products. It's like, \"Oh, you deposited your stimulus check? Become a brokerage customer, make some investments through here, buy some Bitcoin.\" Engagement is really the key, and it seems so far like they've been able to engage their new users really well. It's a question of whether that will continue. The inflows, there will absolutely be a lull, unquestionably. We'll see what happens with the customer engagement and how well that all the new people they brought into the Cash App ecosystem in the past year and a half or so will translate into revenue down the road.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894990649,"gmtCreate":1628780633881,"gmtModify":1676529854066,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"All the way","listText":"All the way","text":"All the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894990649","repostId":"2158325931","repostType":4,"repost":{"id":"2158325931","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628776169,"share":"https://www.laohu8.com/m/news/2158325931?lang=&edition=full","pubTime":"2021-08-12 21:49","market":"us","language":"en","title":"BioNTech, Moderna Gain on Report of FDA’s Likely Nod for Booster","url":"https://stock-news.laohu8.com/highlight/detail?id=2158325931","media":"Tiger Newspress","summary":"BioNTech and Moderna stock rose in early trading on Thursday, on track to recover some of the previo","content":"<p>BioNTech&nbsp;and Moderna&nbsp;stock rose in&nbsp;early&nbsp;trading&nbsp;on Thursday, on track to recover some of the previous session’s losses, following a report in the Wall Street Journal that the FDA could authorize Covid-19 booster shots for immunocompromised people.</p>\n<p><img src=\"https://static.tigerbbs.com/2860e1c0dcbf5f35624516c9d0ff29db\" tg-width=\"895\" tg-height=\"647\" width=\"100%\" height=\"auto\"></p>\n<p>BioNTech and Moderna were up 3.96% and 2% after plunging 14% and 15.6% in the previous session, respectively. Pfizer (NYSE:PFE), which shed 4% on Wednesday, was up 1%.</p>\n<p>The WSJ reported that the Food and Drug Administration is nearing a decision to authorize booster shots for people with weak immunity amid a surge in new COVID cases because of the rapid spread of the delta variant.</p>\n<p>There is growing evidence that two shots of the vaccines are inadequate for people with low immunity. Vaccine makers plan to approach the FDA this month or next for approval to their booster shots.</p>\n<p>BioNTech, Moderna and Pfizer all closed lower Wednesday following news that Europe’s drug regulator is studying three new conditions reported by a small number of people after getting Covid-19 shots to assess if they may be possible side-effects.</p>\n<p>The conditions were reported in patients who took the mRNA vaccines made by either Moderna or BioNTech-Pfizer.</p>\n<p>Pfizer and BioNTech are collaborating on the research and marketing of their COVID-19 vaccine. Expenses and profit from the vaccine are split equally between Pfizer and BioNTech.</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>BioNTech, Moderna Gain on Report of FDA’s Likely Nod for Booster</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\">\nBioNTech, Moderna Gain on Report of FDA’s Likely Nod for Booster\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-12 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BioNTech&nbsp;and Moderna&nbsp;stock rose in&nbsp;early&nbsp;trading&nbsp;on Thursday, on track to recover some of the previous session’s losses, following a report in the Wall Street Journal that the FDA could authorize Covid-19 booster shots for immunocompromised people.</p>\n<p><img src=\"https://static.tigerbbs.com/2860e1c0dcbf5f35624516c9d0ff29db\" tg-width=\"895\" tg-height=\"647\" width=\"100%\" height=\"auto\"></p>\n<p>BioNTech and Moderna were up 3.96% and 2% after plunging 14% and 15.6% in the previous session, respectively. Pfizer (NYSE:PFE), which shed 4% on Wednesday, was up 1%.</p>\n<p>The WSJ reported that the Food and Drug Administration is nearing a decision to authorize booster shots for people with weak immunity amid a surge in new COVID cases because of the rapid spread of the delta variant.</p>\n<p>There is growing evidence that two shots of the vaccines are inadequate for people with low immunity. Vaccine makers plan to approach the FDA this month or next for approval to their booster shots.</p>\n<p>BioNTech, Moderna and Pfizer all closed lower Wednesday following news that Europe’s drug regulator is studying three new conditions reported by a small number of people after getting Covid-19 shots to assess if they may be possible side-effects.</p>\n<p>The conditions were reported in patients who took the mRNA vaccines made by either Moderna or BioNTech-Pfizer.</p>\n<p>Pfizer and BioNTech are collaborating on the research and marketing of their COVID-19 vaccine. Expenses and profit from the vaccine are split equally between Pfizer and BioNTech.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","BNTX":"BioNTech SE","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158325931","content_text":"BioNTech and Moderna stock rose in early trading on Thursday, on track to recover some of the previous session’s losses, following a report in the Wall Street Journal that the FDA could authorize Covid-19 booster shots for immunocompromised people.\n\nBioNTech and Moderna were up 3.96% and 2% after plunging 14% and 15.6% in the previous session, respectively. Pfizer (NYSE:PFE), which shed 4% on Wednesday, was up 1%.\nThe WSJ reported that the Food and Drug Administration is nearing a decision to authorize booster shots for people with weak immunity amid a surge in new COVID cases because of the rapid spread of the delta variant.\nThere is growing evidence that two shots of the vaccines are inadequate for people with low immunity. Vaccine makers plan to approach the FDA this month or next for approval to their booster shots.\nBioNTech, Moderna and Pfizer all closed lower Wednesday following news that Europe’s drug regulator is studying three new conditions reported by a small number of people after getting Covid-19 shots to assess if they may be possible side-effects.\nThe conditions were reported in patients who took the mRNA vaccines made by either Moderna or BioNTech-Pfizer.\nPfizer and BioNTech are collaborating on the research and marketing of their COVID-19 vaccine. Expenses and profit from the vaccine are split equally between Pfizer and BioNTech.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896402641,"gmtCreate":1628599016083,"gmtModify":1676529791712,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Lose money","listText":"Lose money","text":"Lose money","images":[{"img":"https://static.tigerbbs.com/942135289525db288b1954e466ab1309","width":"1080","height":"3610"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896402641","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896406724,"gmtCreate":1628598970368,"gmtModify":1676529791680,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"To the sun","listText":"To the sun","text":"To the sun","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896406724","repostId":"1116005404","repostType":4,"repost":{"id":"1116005404","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628582673,"share":"https://www.laohu8.com/m/news/1116005404?lang=&edition=full","pubTime":"2021-08-10 16:04","market":"us","language":"en","title":"AMC shares rose 7% in premarket trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1116005404","media":"Tiger Newspress","summary":"AMC shares rose 7% in premarket trading.\nAMC Entertainment reported a narrower than expected loss fo","content":"<p>AMC&nbsp;shares rose 7% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/692b6fc550595ea189d7b6697732bdac\" tg-width=\"854\" tg-height=\"608\" referrerpolicy=\"no-referrer\">AMC Entertainment&nbsp;reported&nbsp;a narrower than expected loss for the second quarter while revenue topped estimates.</p>\n<p>AMC&nbsp;will begin accepting apex cryptocurrency&nbsp;<b>Bitcoin</b>&nbsp;as payment for move tickets and concessions by the end of this&nbsp;year.</p>\n<p>“By year end, we will have the information technology system in place to accept Bitcoin as payment for movie tickets and concessions if purchased online at all of our U.S. theatres,” AMC Entertainment CEO&nbsp;<b>Adam Aron</b>&nbsp;said on&nbsp;the Q2 earnings call on Monday.</p>\n<p>Aron added that AMC Entertainment is in the preliminary stages of exploring how else the company can participate in the new “burgeoning cryptocurrency universe.”</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>AMC shares rose 7% in premarket trading.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC shares rose 7% in premarket trading.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-10 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AMC&nbsp;shares rose 7% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/692b6fc550595ea189d7b6697732bdac\" tg-width=\"854\" tg-height=\"608\" referrerpolicy=\"no-referrer\">AMC Entertainment&nbsp;reported&nbsp;a narrower than expected loss for the second quarter while revenue topped estimates.</p>\n<p>AMC&nbsp;will begin accepting apex cryptocurrency&nbsp;<b>Bitcoin</b>&nbsp;as payment for move tickets and concessions by the end of this&nbsp;year.</p>\n<p>“By year end, we will have the information technology system in place to accept Bitcoin as payment for movie tickets and concessions if purchased online at all of our U.S. theatres,” AMC Entertainment CEO&nbsp;<b>Adam Aron</b>&nbsp;said on&nbsp;the Q2 earnings call on Monday.</p>\n<p>Aron added that AMC Entertainment is in the preliminary stages of exploring how else the company can participate in the new “burgeoning cryptocurrency universe.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116005404","content_text":"AMC shares rose 7% in premarket trading.\nAMC Entertainment reported a narrower than expected loss for the second quarter while revenue topped estimates.\nAMC will begin accepting apex cryptocurrency Bitcoin as payment for move tickets and concessions by the end of this year.\n“By year end, we will have the information technology system in place to accept Bitcoin as payment for movie tickets and concessions if purchased online at all of our U.S. theatres,” AMC Entertainment CEO Adam Aron said on the Q2 earnings call on Monday.\nAron added that AMC Entertainment is in the preliminary stages of exploring how else the company can participate in the new “burgeoning cryptocurrency universe.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896406617,"gmtCreate":1628598943439,"gmtModify":1676529791688,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Pro","listText":"Pro","text":"Pro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896406617","repostId":"1122891084","repostType":4,"repost":{"id":"1122891084","pubTimestamp":1628585720,"share":"https://www.laohu8.com/m/news/1122891084?lang=&edition=full","pubTime":"2021-08-10 16:55","market":"us","language":"en","title":"Moderna COVID-19 vaccine may be better than Pfizer against Delta variant; breakthrough cases rise with time","url":"https://stock-news.laohu8.com/highlight/detail?id=1122891084","media":"Seeking Alpha","summary":"According to two reports published in medRxiv, the mRNA vaccine developed by Pfizer and BioNTech SE ","content":"<ul>\n <li>According to two reports published in medRxiv, the mRNA vaccine developed by <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> and <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>&nbsp;may be less effective than <a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a>'s&nbsp;against the Delta variant of the coronavirus,&nbsp;<i>Reuters reports</i>.</li>\n <li>The study, yet to be peer reviewed, included more than 50,000 patients in the Mayo Clinic Health System.</li>\n <li>Researchers found that efficacy of Moderna's Covid-19 vaccine dropped to 76% in July - when the Delta variant was predominant - from 86% in early 2021.</li>\n <li>However, during the same time, Pfizer/BioNTech vaccine's effectiveness decreased to 42% from 76%.</li>\n <li>While both vaccines remain effective at preventing Covid hospitalization, a Moderna booster shot may be necessary soon for people who got Pfizer or Moderna vaccines earlier this year, said Dr. Venky Soundararajan of Massachusetts data analytics company, who led the Mayo study.</li>\n <li>In a separate study, elderly nursing home residents in Ontario produced stronger immune responses - especially against variants - after the Moderna shot than after Pfizer/BioNTech vaccine.</li>\n <li>\"We continue to believe... a third dose booster may be needed within 6 to 12 months after full vaccination to maintain the highest levels of protection,\" said a Pfizer spokesperson.</li>\n <li>In a study&nbsp;posted on medRxiv, it was observed that breakthrough COVID-19 odds rise months after vaccination.</li>\n <li>The data suggested that people who received their second dose of the Pfizer/BioNTech vaccine five or more months ago are more likely to test positive for COVID-19 than people who were fully vaccinated less than five months ago.</li>\n <li>Overall, 1.8% of individulas tested positive in a research including nearly 34,000 fully vaccinated adults in Israel which were tested to see if they had a breakthrough case of COVID-19.</li>\n <li>At all ages, the odds of testing positive were higher when the last vaccine dose was received at least 146 days earlier.</li>\n <li>Among patients older than 60, the odds of a positive test were almost three times higher when 146 days had passed since the second dose.</li>\n <li>\"Very few patients had required hospitalization, and it is too early to assess the severity of these new infections in terms of hospital admission, need for mechanical ventilation or mortality,\" he added. \"We are planning to continue our research,\" said coauthor Dr. Eugene Merzon of Leumit Health Services in Israel.</li>\n <li>Israel has already started administering booster shots to people over the age of 60.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Moderna COVID-19 vaccine may be better than Pfizer against Delta variant; breakthrough cases rise with time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nModerna COVID-19 vaccine may be better than Pfizer against Delta variant; breakthrough cases rise with time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 16:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3727988-moderna-covid-19-vaccine-may-be-better-than-pfizer-against-delta-variant-breakthrough-cases-rise-with-time><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>According to two reports published in medRxiv, the mRNA vaccine developed by Pfizer and BioNTech SE may be less effective than Moderna, Inc.'s against the Delta variant of the coronavirus, Reuters ...</p>\n\n<a href=\"https://seekingalpha.com/news/3727988-moderna-covid-19-vaccine-may-be-better-than-pfizer-against-delta-variant-breakthrough-cases-rise-with-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","BNTX":"BioNTech SE","PFE":"辉瑞"},"source_url":"https://seekingalpha.com/news/3727988-moderna-covid-19-vaccine-may-be-better-than-pfizer-against-delta-variant-breakthrough-cases-rise-with-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122891084","content_text":"According to two reports published in medRxiv, the mRNA vaccine developed by Pfizer and BioNTech SE may be less effective than Moderna, Inc.'s against the Delta variant of the coronavirus, Reuters reports.\nThe study, yet to be peer reviewed, included more than 50,000 patients in the Mayo Clinic Health System.\nResearchers found that efficacy of Moderna's Covid-19 vaccine dropped to 76% in July - when the Delta variant was predominant - from 86% in early 2021.\nHowever, during the same time, Pfizer/BioNTech vaccine's effectiveness decreased to 42% from 76%.\nWhile both vaccines remain effective at preventing Covid hospitalization, a Moderna booster shot may be necessary soon for people who got Pfizer or Moderna vaccines earlier this year, said Dr. Venky Soundararajan of Massachusetts data analytics company, who led the Mayo study.\nIn a separate study, elderly nursing home residents in Ontario produced stronger immune responses - especially against variants - after the Moderna shot than after Pfizer/BioNTech vaccine.\n\"We continue to believe... a third dose booster may be needed within 6 to 12 months after full vaccination to maintain the highest levels of protection,\" said a Pfizer spokesperson.\nIn a study posted on medRxiv, it was observed that breakthrough COVID-19 odds rise months after vaccination.\nThe data suggested that people who received their second dose of the Pfizer/BioNTech vaccine five or more months ago are more likely to test positive for COVID-19 than people who were fully vaccinated less than five months ago.\nOverall, 1.8% of individulas tested positive in a research including nearly 34,000 fully vaccinated adults in Israel which were tested to see if they had a breakthrough case of COVID-19.\nAt all ages, the odds of testing positive were higher when the last vaccine dose was received at least 146 days earlier.\nAmong patients older than 60, the odds of a positive test were almost three times higher when 146 days had passed since the second dose.\n\"Very few patients had required hospitalization, and it is too early to assess the severity of these new infections in terms of hospital admission, need for mechanical ventilation or mortality,\" he added. \"We are planning to continue our research,\" said coauthor Dr. Eugene Merzon of Leumit Health Services in Israel.\nIsrael has already started administering booster shots to people over the age of 60.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893119227,"gmtCreate":1628245138469,"gmtModify":1703503866100,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"All the way","listText":"All the way","text":"All the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893119227","repostId":"1135651416","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806534198,"gmtCreate":1627666751414,"gmtModify":1703494456187,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"To the sun","listText":"To the sun","text":"To the sun","images":[{"img":"https://static.tigerbbs.com/edc1f1e47b16e96a42d7ec21bf988e3c","width":"1080","height":"3691"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806534198","isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":808042660,"gmtCreate":1627547020950,"gmtModify":1703492090475,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a>not meant to be","listText":"<a href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a>not meant to be","text":"$Ebang International Holdings Inc.(EBON)$not meant to be","images":[{"img":"https://static.tigerbbs.com/481041af7db4ea49f66170c2f8001a68","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808042660","isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":175423584,"gmtCreate":1627047386448,"gmtModify":1703483213119,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Trash stock","listText":"Trash stock","text":"Trash stock","images":[{"img":"https://static.tigerbbs.com/c2a7977bbebb8a789f10da9a7ff17a88","width":"1080","height":"3691"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175423584","isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":175429165,"gmtCreate":1627047351657,"gmtModify":1703483211654,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175429165","repostId":"2153498346","repostType":4,"repost":{"id":"2153498346","pubTimestamp":1627045620,"share":"https://www.laohu8.com/m/news/2153498346?lang=&edition=full","pubTime":"2021-07-23 21:07","market":"us","language":"en","title":"The Damaging AMC Entertainment Data Point No One Is Paying Attention To","url":"https://stock-news.laohu8.com/highlight/detail?id=2153498346","media":"Motley Fool","summary":"This suggests that bankruptcy is still very much in play for America's top movie chain.","content":"<p>For nearly six months, meme stocks -- companies lauded more for the buzz they create on social media than their financial performance -- have been the talk of Wall Street. Often sporting high levels of short interest and poor outlooks, these meme stocks have been lifted up by an army of retail investors.</p>\n<p>Although there seems to be a new meme stock in play every day, movie theater chain <b>AMC Entertainment</b> (NYSE:AMC) has consistently been the most popular.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F634412%2Fmovie-theater-popcorn-date-film-amc-regal-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"470\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Hope for a short squeeze is dwindling</h3>\n<p>Why AMC? According to its impassioned following, the company is purportedly ripe for a short squeeze. For those who may not be following AMC closely, the company's share price did squeeze short sellers (i.e., pessimists betting the share price will decline) in late January, shortly after the company saved itself from immediate bankruptcy by selling stock and issuing high-interest debt.</p>\n<p>The problem for this emotion-driven group of AMC enthusiasts, who call themselves \"apes\" -- a nod to <i>Rise of the Planet of the Apes</i> and the idea that apes are stronger together -- is that the prospect for a short squeeze on AMC is pretty poor. Between the end of May and the end of June, New York Stock Exchange-reported data shows that shares held short declined from 102.3 million to approximately 75.5 million... <i>and the price of AMC fell!</i></p>\n<p>Short sellers have to feel trapped in their positions for a squeeze to occur, and that's simply not happening with short interest on the decline and the short ratio (also known as \"days to cover\") well below <a href=\"https://laohu8.com/S/AONE.U\">one</a>. There's not a data point more closely followed by AMC shareholders than its short interest.</p>\n<p>What isn't being paid attention to, but is far more damaging to AMC and its shareholders, is the absolute rout in some of the company's bonds over the past two weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/a7b31a2637d841cd0aa4afe72af35c5e\" tg-width=\"700\" tg-height=\"328\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>The action in AMC's bonds suggests bankruptcy is a growing possibility</h3>\n<p>To be upfront, AMC has issued a lot of debt, with a variety of interest rates and maturity dates. The vast majority of the company's debt that would need to be paid off in the near term isn't of concern to Wall Street. That's because AMC has in the neighborhood of $2.2 billion in cash and cash equivalents after multiple cash raises, albeit this figure doesn't take into account its cash outflow in the second quarter, after burning through almost $325 million in the first quarter.</p>\n<p>Where trouble begins arising is if you look out to the company's bonds with maturity dates in 2026 and 2027. When bonds are issued, they're almost always priced at face value (100, or 100% of the face value of the bond). AMC's 2026 and 2027 bonds are nowhere close to face value anymore.</p>\n<p>A bond offering of $595 million with a maturity date of Nov. 15, 2026 had been as high as 76.19 (about 76% of face value) on June 21. That same bond now goes for 54.63 (below 55% of face value), as of July 20.</p>\n<p>Want another example? A $475 million debt offering with a May 15, 2027 maturity date was as high as 78.48 on June 23. However, it's been plummeting since July 6, with the July 20 bond price closing at 53.77.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F634412%2Fmoney-under-chain-and-lock-debt-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>You don't have to be a bond trader to read between the lines. With over $1 billion of AMC's debt trading at roughly one-half of par value, bondholders are clearly concerned the company won't have the capital to meet its debt obligations.</p>\n<p>And make no mistake about it, bondholders have every right to be concerned. AMC's apes have done everything in their power to deny AMC CEO Adam Aron the ability to sell stock in order to raise capital. What capital raises Aron did push through were done without having to get the approval of the company's retail investors. However, with AMC effectively maxed out on the share issuance front, it'll be forced to repay over $5.4 billion in debt entirely with cash, rather than stock. Considering the company is burning cash at an extraordinary rate, the math to avoid bankruptcy doesn't add up -- and apes simply don't get it.</p>\n<p>AMC bulls and bears can argue all day about the company, but the bond market speaks the truth about where AMC is headed.</p>\n<p><img src=\"https://static.tigerbbs.com/cc0c2c89dfba03fc4b0c9fb1c7b014cc\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>And don't forget the misinformation campaign...</h3>\n<p>If the truth isn't enough to persuade you of how awful an investment AMC is, perhaps surveying the mountain of myths and misinformation spread by its retail following will demonstrate how desperate this group is to artificially manipulate the company's share price.</p>\n<p>For example, AMC's retail cohort constantly asserts that a large number of naked short shares exist. They also believe that failure to delivers (FTDs) are endemic of naked short-selling, and that dark pool trading represents nefarious activity. Naturally, none of these assertions can ever be substantiated, but that doesn't stop these folks from spreading inaccurate information on social media in an attempt to bring in new capital.</p>\n<p>Working backwards, dark pool trading has no impact on supply and demand for retail trading. As for FTDs, clerical/administrative delays for high-volume stocks are common, as is human error and even buyer-based FTDs. And no naked short-selling campaign is ongoing if AMC's shares are available to short (and here's a hint: they've regularly been available). This entire thesis of alleged wrongdoing by apes is easily debunked.</p>\n<p>Just as ridiculous is the incorrect idea that hedge funds bankrupt companies. Businesses control their own destiny via their operating model and actions. A company's share price, including the buying and selling activity of that stock, doesn't determine if it's a success or not. Claiming short selling is the problem while completely ignoring the real reasons a company is struggling is yet another example of AMC's apes spreading false information online in an effort to rally support and fresh capital for their stock.</p>\n<p>With apes unable to substantiate any of their claims and the bond market flashing big warning signs, my outlook for AMC remains unchanged: Bankruptcy is still very much on the table.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Damaging AMC Entertainment Data Point No One Is Paying Attention To</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Damaging AMC Entertainment Data Point No One Is Paying Attention To\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 21:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/23/damaging-amc-data-point-no-one-paying-attention-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For nearly six months, meme stocks -- companies lauded more for the buzz they create on social media than their financial performance -- have been the talk of Wall Street. Often sporting high levels ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/23/damaging-amc-data-point-no-one-paying-attention-to/\">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/2021/07/23/damaging-amc-data-point-no-one-paying-attention-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153498346","content_text":"For nearly six months, meme stocks -- companies lauded more for the buzz they create on social media than their financial performance -- have been the talk of Wall Street. Often sporting high levels of short interest and poor outlooks, these meme stocks have been lifted up by an army of retail investors.\nAlthough there seems to be a new meme stock in play every day, movie theater chain AMC Entertainment (NYSE:AMC) has consistently been the most popular.\n\nImage source: Getty Images.\nHope for a short squeeze is dwindling\nWhy AMC? According to its impassioned following, the company is purportedly ripe for a short squeeze. For those who may not be following AMC closely, the company's share price did squeeze short sellers (i.e., pessimists betting the share price will decline) in late January, shortly after the company saved itself from immediate bankruptcy by selling stock and issuing high-interest debt.\nThe problem for this emotion-driven group of AMC enthusiasts, who call themselves \"apes\" -- a nod to Rise of the Planet of the Apes and the idea that apes are stronger together -- is that the prospect for a short squeeze on AMC is pretty poor. Between the end of May and the end of June, New York Stock Exchange-reported data shows that shares held short declined from 102.3 million to approximately 75.5 million... and the price of AMC fell!\nShort sellers have to feel trapped in their positions for a squeeze to occur, and that's simply not happening with short interest on the decline and the short ratio (also known as \"days to cover\") well below one. There's not a data point more closely followed by AMC shareholders than its short interest.\nWhat isn't being paid attention to, but is far more damaging to AMC and its shareholders, is the absolute rout in some of the company's bonds over the past two weeks.\n\nImage source: Getty Images.\nThe action in AMC's bonds suggests bankruptcy is a growing possibility\nTo be upfront, AMC has issued a lot of debt, with a variety of interest rates and maturity dates. The vast majority of the company's debt that would need to be paid off in the near term isn't of concern to Wall Street. That's because AMC has in the neighborhood of $2.2 billion in cash and cash equivalents after multiple cash raises, albeit this figure doesn't take into account its cash outflow in the second quarter, after burning through almost $325 million in the first quarter.\nWhere trouble begins arising is if you look out to the company's bonds with maturity dates in 2026 and 2027. When bonds are issued, they're almost always priced at face value (100, or 100% of the face value of the bond). AMC's 2026 and 2027 bonds are nowhere close to face value anymore.\nA bond offering of $595 million with a maturity date of Nov. 15, 2026 had been as high as 76.19 (about 76% of face value) on June 21. That same bond now goes for 54.63 (below 55% of face value), as of July 20.\nWant another example? A $475 million debt offering with a May 15, 2027 maturity date was as high as 78.48 on June 23. However, it's been plummeting since July 6, with the July 20 bond price closing at 53.77.\n\nImage source: Getty Images.\nYou don't have to be a bond trader to read between the lines. With over $1 billion of AMC's debt trading at roughly one-half of par value, bondholders are clearly concerned the company won't have the capital to meet its debt obligations.\nAnd make no mistake about it, bondholders have every right to be concerned. AMC's apes have done everything in their power to deny AMC CEO Adam Aron the ability to sell stock in order to raise capital. What capital raises Aron did push through were done without having to get the approval of the company's retail investors. However, with AMC effectively maxed out on the share issuance front, it'll be forced to repay over $5.4 billion in debt entirely with cash, rather than stock. Considering the company is burning cash at an extraordinary rate, the math to avoid bankruptcy doesn't add up -- and apes simply don't get it.\nAMC bulls and bears can argue all day about the company, but the bond market speaks the truth about where AMC is headed.\n\nImage source: Getty Images.\nAnd don't forget the misinformation campaign...\nIf the truth isn't enough to persuade you of how awful an investment AMC is, perhaps surveying the mountain of myths and misinformation spread by its retail following will demonstrate how desperate this group is to artificially manipulate the company's share price.\nFor example, AMC's retail cohort constantly asserts that a large number of naked short shares exist. They also believe that failure to delivers (FTDs) are endemic of naked short-selling, and that dark pool trading represents nefarious activity. Naturally, none of these assertions can ever be substantiated, but that doesn't stop these folks from spreading inaccurate information on social media in an attempt to bring in new capital.\nWorking backwards, dark pool trading has no impact on supply and demand for retail trading. As for FTDs, clerical/administrative delays for high-volume stocks are common, as is human error and even buyer-based FTDs. And no naked short-selling campaign is ongoing if AMC's shares are available to short (and here's a hint: they've regularly been available). This entire thesis of alleged wrongdoing by apes is easily debunked.\nJust as ridiculous is the incorrect idea that hedge funds bankrupt companies. Businesses control their own destiny via their operating model and actions. A company's share price, including the buying and selling activity of that stock, doesn't determine if it's a success or not. Claiming short selling is the problem while completely ignoring the real reasons a company is struggling is yet another example of AMC's apes spreading false information online in an effort to rally support and fresh capital for their stock.\nWith apes unable to substantiate any of their claims and the bond market flashing big warning signs, my outlook for AMC remains unchanged: Bankruptcy is still very much on the table.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176634432,"gmtCreate":1626879223426,"gmtModify":1703479881545,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Unreasonable","listText":"Unreasonable","text":"Unreasonable","images":[{"img":"https://static.tigerbbs.com/c47f8c09fbac996a5bad78b0075ac046","width":"1080","height":"3691"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176634432","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":179393598,"gmtCreate":1626485012014,"gmtModify":1703760920805,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GOTU\">$Gaotu Techedu Inc.(GOTU)$</a>omg. Trash stock","listText":"<a href=\"https://laohu8.com/S/GOTU\">$Gaotu Techedu Inc.(GOTU)$</a>omg. Trash stock","text":"$Gaotu Techedu Inc.(GOTU)$omg. Trash stock","images":[{"img":"https://static.tigerbbs.com/6c28595f6d5a7673fb76b17b1c6320fd","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/179393598","isVote":1,"tweetType":1,"viewCount":735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147822526,"gmtCreate":1626351695365,"gmtModify":1703758426380,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Up the lorry&nbsp;","listText":"Up the lorry&nbsp;","text":"Up the lorry","images":[{"img":"https://static.tigerbbs.com/7d195ba504666aa9c1d493e565d9fa90","width":"1080","height":"3571"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147822526","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147822270,"gmtCreate":1626351668090,"gmtModify":1703758426218,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"All the way","listText":"All the way","text":"All the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147822270","repostId":"2151251345","repostType":4,"repost":{"id":"2151251345","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":1626343025,"share":"https://www.laohu8.com/m/news/2151251345?lang=&edition=full","pubTime":"2021-07-15 17:57","market":"us","language":"en","title":"UnitedHealth Group Q2 EPS $4.70 Beats $4.43 Estimate, Sales $71.30B Beat $69.45B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2151251345","media":"Benzinga","summary":"UnitedHealth Group (NYSE:UNH) reported quarterly earnings of $4.70 per share which beat the analyst consensus estimate of $4.43 by 6.09 percent. This is a 33.99 percent decrease over earnings of $7.12 per share from the","content":"<p>UnitedHealth Group Inc beat quarterly profit estimates and raised its full-year earnings target on Thursday, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits.</p>\n<p>The industry bellwether raised its full-year profit target for the second time this year, and now expects adjusted earnings of $18.30 to $18.80 per share in 2021, compared with its previous forecast of $18.10 to $18.60.</p>\n<p>For the quarter ended June 30, the company reported a medical loss ratio - the percentage of collected premiums spent on medical services - of 82.8%, compared with 70.2% a year earlier, when patients put off non-urgent care due to the COVID-19 pandemic.</p>\n<p>Nearly half of all Americans have been fully vaccinated according to latest government data and daily new COVID-19 cases ebbed in May and June, encouraging people to return to doctors' offices for routine, non-elective medical care.</p>\n<p>Revenue from UnitedHealth's Optum unit, which manages drug benefits and offers healthcare data analytics services, rose 17.2% to $38.3 billion from a year earlier.</p>\n<p>UnitedHealth reported adjusted earnings of $4.70 per share, beating estimates of $4.43 per share, according to IBES data from Refinitiv.</p>\n<p>The company has beaten Wall Street's expectations for earnings per share for at least the last eight quarters.</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>UnitedHealth Group Q2 EPS $4.70 Beats $4.43 Estimate, Sales $71.30B Beat $69.45B Estimate</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\">\nUnitedHealth Group Q2 EPS $4.70 Beats $4.43 Estimate, Sales $71.30B Beat $69.45B Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-15 17:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>UnitedHealth Group Inc beat quarterly profit estimates and raised its full-year earnings target on Thursday, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits.</p>\n<p>The industry bellwether raised its full-year profit target for the second time this year, and now expects adjusted earnings of $18.30 to $18.80 per share in 2021, compared with its previous forecast of $18.10 to $18.60.</p>\n<p>For the quarter ended June 30, the company reported a medical loss ratio - the percentage of collected premiums spent on medical services - of 82.8%, compared with 70.2% a year earlier, when patients put off non-urgent care due to the COVID-19 pandemic.</p>\n<p>Nearly half of all Americans have been fully vaccinated according to latest government data and daily new COVID-19 cases ebbed in May and June, encouraging people to return to doctors' offices for routine, non-elective medical care.</p>\n<p>Revenue from UnitedHealth's Optum unit, which manages drug benefits and offers healthcare data analytics services, rose 17.2% to $38.3 billion from a year earlier.</p>\n<p>UnitedHealth reported adjusted earnings of $4.70 per share, beating estimates of $4.43 per share, according to IBES data from Refinitiv.</p>\n<p>The company has beaten Wall Street's expectations for earnings per share for at least the last eight quarters.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","UNH":"联合健康"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151251345","content_text":"UnitedHealth Group Inc beat quarterly profit estimates and raised its full-year earnings target on Thursday, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits.\nThe industry bellwether raised its full-year profit target for the second time this year, and now expects adjusted earnings of $18.30 to $18.80 per share in 2021, compared with its previous forecast of $18.10 to $18.60.\nFor the quarter ended June 30, the company reported a medical loss ratio - the percentage of collected premiums spent on medical services - of 82.8%, compared with 70.2% a year earlier, when patients put off non-urgent care due to the COVID-19 pandemic.\nNearly half of all Americans have been fully vaccinated according to latest government data and daily new COVID-19 cases ebbed in May and June, encouraging people to return to doctors' offices for routine, non-elective medical care.\nRevenue from UnitedHealth's Optum unit, which manages drug benefits and offers healthcare data analytics services, rose 17.2% to $38.3 billion from a year earlier.\nUnitedHealth reported adjusted earnings of $4.70 per share, beating estimates of $4.43 per share, according to IBES data from Refinitiv.\nThe company has beaten Wall Street's expectations for earnings per share for at least the last eight quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147822126,"gmtCreate":1626351647465,"gmtModify":1703758425732,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"All the way down","listText":"All the way down","text":"All the way down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147822126","repostId":"2151251345","repostType":4,"repost":{"id":"2151251345","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":1626343025,"share":"https://www.laohu8.com/m/news/2151251345?lang=&edition=full","pubTime":"2021-07-15 17:57","market":"us","language":"en","title":"UnitedHealth Group Q2 EPS $4.70 Beats $4.43 Estimate, Sales $71.30B Beat $69.45B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2151251345","media":"Benzinga","summary":"UnitedHealth Group (NYSE:UNH) reported quarterly earnings of $4.70 per share which beat the analyst consensus estimate of $4.43 by 6.09 percent. This is a 33.99 percent decrease over earnings of $7.12 per share from the","content":"<p>UnitedHealth Group Inc beat quarterly profit estimates and raised its full-year earnings target on Thursday, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits.</p>\n<p>The industry bellwether raised its full-year profit target for the second time this year, and now expects adjusted earnings of $18.30 to $18.80 per share in 2021, compared with its previous forecast of $18.10 to $18.60.</p>\n<p>For the quarter ended June 30, the company reported a medical loss ratio - the percentage of collected premiums spent on medical services - of 82.8%, compared with 70.2% a year earlier, when patients put off non-urgent care due to the COVID-19 pandemic.</p>\n<p>Nearly half of all Americans have been fully vaccinated according to latest government data and daily new COVID-19 cases ebbed in May and June, encouraging people to return to doctors' offices for routine, non-elective medical care.</p>\n<p>Revenue from UnitedHealth's Optum unit, which manages drug benefits and offers healthcare data analytics services, rose 17.2% to $38.3 billion from a year earlier.</p>\n<p>UnitedHealth reported adjusted earnings of $4.70 per share, beating estimates of $4.43 per share, according to IBES data from Refinitiv.</p>\n<p>The company has beaten Wall Street's expectations for earnings per share for at least the last eight quarters.</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>UnitedHealth Group Q2 EPS $4.70 Beats $4.43 Estimate, Sales $71.30B Beat $69.45B Estimate</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\">\nUnitedHealth Group Q2 EPS $4.70 Beats $4.43 Estimate, Sales $71.30B Beat $69.45B Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-15 17:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>UnitedHealth Group Inc beat quarterly profit estimates and raised its full-year earnings target on Thursday, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits.</p>\n<p>The industry bellwether raised its full-year profit target for the second time this year, and now expects adjusted earnings of $18.30 to $18.80 per share in 2021, compared with its previous forecast of $18.10 to $18.60.</p>\n<p>For the quarter ended June 30, the company reported a medical loss ratio - the percentage of collected premiums spent on medical services - of 82.8%, compared with 70.2% a year earlier, when patients put off non-urgent care due to the COVID-19 pandemic.</p>\n<p>Nearly half of all Americans have been fully vaccinated according to latest government data and daily new COVID-19 cases ebbed in May and June, encouraging people to return to doctors' offices for routine, non-elective medical care.</p>\n<p>Revenue from UnitedHealth's Optum unit, which manages drug benefits and offers healthcare data analytics services, rose 17.2% to $38.3 billion from a year earlier.</p>\n<p>UnitedHealth reported adjusted earnings of $4.70 per share, beating estimates of $4.43 per share, according to IBES data from Refinitiv.</p>\n<p>The company has beaten Wall Street's expectations for earnings per share for at least the last eight quarters.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","UNH":"联合健康"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151251345","content_text":"UnitedHealth Group Inc beat quarterly profit estimates and raised its full-year earnings target on Thursday, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits.\nThe industry bellwether raised its full-year profit target for the second time this year, and now expects adjusted earnings of $18.30 to $18.80 per share in 2021, compared with its previous forecast of $18.10 to $18.60.\nFor the quarter ended June 30, the company reported a medical loss ratio - the percentage of collected premiums spent on medical services - of 82.8%, compared with 70.2% a year earlier, when patients put off non-urgent care due to the COVID-19 pandemic.\nNearly half of all Americans have been fully vaccinated according to latest government data and daily new COVID-19 cases ebbed in May and June, encouraging people to return to doctors' offices for routine, non-elective medical care.\nRevenue from UnitedHealth's Optum unit, which manages drug benefits and offers healthcare data analytics services, rose 17.2% to $38.3 billion from a year earlier.\nUnitedHealth reported adjusted earnings of $4.70 per share, beating estimates of $4.43 per share, according to IBES data from Refinitiv.\nThe company has beaten Wall Street's expectations for earnings per share for at least the last eight quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146539505,"gmtCreate":1626089102907,"gmtModify":1703753089512,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Slowly but surely. Target $18","listText":"Slowly but surely. Target $18","text":"Slowly but surely. Target $18","images":[{"img":"https://static.tigerbbs.com/6bc509e907310e577e7b32e0d7f1bb08","width":"1080","height":"3472"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146539505","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":146530565,"gmtCreate":1626089052357,"gmtModify":1703753087871,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Wow this&nbsp;","listText":"Wow this&nbsp;","text":"Wow this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146530565","repostId":"2150538413","repostType":4,"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146530690,"gmtCreate":1626089026910,"gmtModify":1703753087704,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/146530690","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141549674,"gmtCreate":1625882430398,"gmtModify":1703750352197,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"All the way","listText":"All the way","text":"All the way","images":[{"img":"https://static.tigerbbs.com/72bbe6a315f54d7217be8dba61768a24","width":"1080","height":"3571"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141549674","isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141540425,"gmtCreate":1625882401567,"gmtModify":1703750350567,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Lets go","listText":"Lets go","text":"Lets go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141540425","repostId":"2150305430","repostType":4,"repost":{"id":"2150305430","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625874020,"share":"https://www.laohu8.com/m/news/2150305430?lang=&edition=full","pubTime":"2021-07-10 07:40","market":"us","language":"en","title":"FTC extends probe of Amazon, MGM deal - source","url":"https://stock-news.laohu8.com/highlight/detail?id=2150305430","media":"Reuters","summary":"WASHINGTON, July 9 (Reuters) - Amazon.com's deal to buy movie studio MGM for $8.5 billion is headed ","content":"<p>WASHINGTON, July 9 (Reuters) - Amazon.com's deal to buy movie studio MGM for $8.5 billion is headed for an extended probe by the Federal Trade Commission, after a source familiar with the matter said on Friday the agency had issued a second request in its review of the merger.</p>\n<p>Issuing a second request indicated that it would likely take months for the agency to rule on the deal.</p>\n<p>The Information was first to report the lengthier probe.</p>\n<p>Amazon said in May that it would buy the U.S. movie studio, home to the James Bond franchise, which would give it a huge library of films and TV shows to compete with streaming rivals like Netflix and Disney+.</p>\n<p>In June, Amazon asked that FTC Chair Lina Khan be recused on antitrust matters related to the online retail giant because of research that she had done and her previous advocacy.</p>\n<p>In addition to reviewing the merger, the agency is investigating Amazon as part of a series of probes underway into Big Tech.</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>FTC extends probe of Amazon, MGM deal - source</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\">\nFTC extends probe of Amazon, MGM deal - source\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-10 07:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, July 9 (Reuters) - Amazon.com's deal to buy movie studio MGM for $8.5 billion is headed for an extended probe by the Federal Trade Commission, after a source familiar with the matter said on Friday the agency had issued a second request in its review of the merger.</p>\n<p>Issuing a second request indicated that it would likely take months for the agency to rule on the deal.</p>\n<p>The Information was first to report the lengthier probe.</p>\n<p>Amazon said in May that it would buy the U.S. movie studio, home to the James Bond franchise, which would give it a huge library of films and TV shows to compete with streaming rivals like Netflix and Disney+.</p>\n<p>In June, Amazon asked that FTC Chair Lina Khan be recused on antitrust matters related to the online retail giant because of research that she had done and her previous advocacy.</p>\n<p>In addition to reviewing the merger, the agency is investigating Amazon as part of a series of probes underway into Big Tech.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGM":"美高梅","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150305430","content_text":"WASHINGTON, July 9 (Reuters) - Amazon.com's deal to buy movie studio MGM for $8.5 billion is headed for an extended probe by the Federal Trade Commission, after a source familiar with the matter said on Friday the agency had issued a second request in its review of the merger.\nIssuing a second request indicated that it would likely take months for the agency to rule on the deal.\nThe Information was first to report the lengthier probe.\nAmazon said in May that it would buy the U.S. movie studio, home to the James Bond franchise, which would give it a huge library of films and TV shows to compete with streaming rivals like Netflix and Disney+.\nIn June, Amazon asked that FTC Chair Lina Khan be recused on antitrust matters related to the online retail giant because of research that she had done and her previous advocacy.\nIn addition to reviewing the merger, the agency is investigating Amazon as part of a series of probes underway into Big Tech.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":359501806,"gmtCreate":1616408868405,"gmtModify":1704793644992,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>diamond hand here","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>diamond hand here","text":"$GameStop(GME)$diamond hand here","images":[{"img":"https://static.tigerbbs.com/f1d3f5f8e935639ce808309299a869c8","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/359501806","isVote":1,"tweetType":1,"viewCount":1406,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3499891542239139","authorId":"3499891542239139","name":"小小虎儿儿","avatar":"https://static.tigerbbs.com/80d9d31f798bff492018b73985e9b525","crmLevel":1,"crmLevelSwitch":0},"content":"What does it mean?","text":"What does it mean?","html":"What does it mean?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":179393598,"gmtCreate":1626485012014,"gmtModify":1703760920805,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GOTU\">$Gaotu Techedu Inc.(GOTU)$</a>omg. Trash stock","listText":"<a href=\"https://laohu8.com/S/GOTU\">$Gaotu Techedu Inc.(GOTU)$</a>omg. Trash stock","text":"$Gaotu Techedu Inc.(GOTU)$omg. Trash stock","images":[{"img":"https://static.tigerbbs.com/6c28595f6d5a7673fb76b17b1c6320fd","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/179393598","isVote":1,"tweetType":1,"viewCount":735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":323792151,"gmtCreate":1615373252973,"gmtModify":1704781822201,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Go higher higher","listText":"Go higher higher","text":"Go higher higher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/323792151","repostId":"1162030727","repostType":4,"repost":{"id":"1162030727","pubTimestamp":1615371076,"share":"https://www.laohu8.com/m/news/1162030727?lang=&edition=full","pubTime":"2021-03-10 18:11","market":"us","language":"en","title":"The Equity-Gold Price Conundrum, Part 1: The Great Batsby","url":"https://stock-news.laohu8.com/highlight/detail?id=1162030727","media":"zerohedge","summary":"The relentless rally in equity markets has pushed valuations to extreme levels based on traditional ","content":"<p>The relentless rally in equity markets has pushed valuations to extreme levels based on traditional metrics. In this report, we analyze the two common arguments made by equity bulls on why this time is different and current valuations are justified. We find that either gold or equities are currently mispriced, as, a) both arguments would imply that gold should outperform stocks and b) if neither of the scenarios play out, equities are due for a substantial correction.</p><p><img src=\"https://static.tigerbbs.com/95f7609bf84bf26bd5d2443fa9a7de86\" tg-width=\"500\" tg-height=\"445\" referrerpolicy=\"no-referrer\">Amidst the global COVID-19 pandemic, equities had staggering rally over the past 12 months. The S&amp;P500 almost doubled in less than a year from a low of 2240 on March 23, 2020 to currently 3860 at the time of writing. In addition, some narrower indices have done even better. Particularly certain technology stocks have relentlessly risen amidst an environment of economic stress.</p><p>This has led to a sharp increase in the equities-to-gold price ratio (see Exhibit 1) even as economic growth has collapsed while the Fed increased its balance sheet at an unprecedented level.</p><p><img src=\"https://static.tigerbbs.com/a828b10b92375dfb19347e6c59314c83\" tg-width=\"500\" tg-height=\"405\" referrerpolicy=\"no-referrer\"></p><p>This increase in the equities-to-gold-ratio is not caused by gold performing poorly as prices for the yellow metal are up12% since the end of 2019. It’s simply a consequence of equities’ doing really well. But equity valuations according to traditional metrics have now approached extreme levels. For example, the total market cap to GDP (Buffet indicator) is currently at 193% (see exhibit 2), the highest on record, 50% above the peak during the dot.com bubble.</p><p><img src=\"https://static.tigerbbs.com/e64899d2c53b18cc97b2dce33717c9af\" tg-width=\"500\" tg-height=\"428\" referrerpolicy=\"no-referrer\">Moreover, global equities to GDP are also extremely high, currently at &gt;120% (see exhibit 3).</p><p><img src=\"https://static.tigerbbs.com/ef426becc1777204ae2f18e3c290e2e6\" tg-width=\"500\" tg-height=\"436\" referrerpolicy=\"no-referrer\">The Cyclically Adjusted Price Earnings Ratio, or CAPE, a measure developed by Robert Schiller, is also flashing red with the second highest reading in history going back to the late 1900s (see exhibit 4).</p><p><img src=\"https://static.tigerbbs.com/8cc92db52653acc17b59de9311c17bf0\" tg-width=\"500\" tg-height=\"442\" referrerpolicy=\"no-referrer\">Price to sales ratios also hit a record high (see Exhibit 5).</p><p><img src=\"https://static.tigerbbs.com/a119fa360112d18ced5d8efff557ebea\" tg-width=\"500\" tg-height=\"436\" referrerpolicy=\"no-referrer\">There are other indicators that suggest that equity prices have detached from underlying fundamentals. The put / call ratio on the CBOE has now reached the levels of the dot.com bubble (see Exhibit 6).</p><p><img src=\"https://static.tigerbbs.com/462aa5d4dee82e50792b2a4f6bbd70f8\" tg-width=\"500\" tg-height=\"389\" referrerpolicy=\"no-referrer\">We also saw an unprecedented inflow of new market participants. People with very little or no market exp4erience opened online brokerage accounts at an unprecedented speed during the global lockdowns. More than 10 million Americans opened a trading account in 2020 according to the Wall Street Journal.&nbsp; According to CNBC, ten percent of Americans bought a stock for the first time in the past 12 months, and a staggering twenty-two percent of Gen Z (currently 6-24 years old) opened a stock market account in the last 12 months.</p><p>And stocks are not the only assets that are skyrocketing. Cryptocurrencies, which since 2017 had temporarily lost their luster, are rallying at breakneck pace since the outbreak of the pandemic (see exhibit 7).</p><p><img src=\"https://static.tigerbbs.com/46a4f01c4a7404c0a7b196d39dac0a78\" tg-width=\"500\" tg-height=\"424\" referrerpolicy=\"no-referrer\">Judged on only those metrics, stock markets are clearly in a bubble. But is this time maybe really different as the bulls argue? In our view, there are only two ways that current stock prices could indeed be justified;</p><blockquote><b>1. The great Gatsby:</b>The pandemic, as negative as it was for economic activity near term, will be followed by a period of unprecedented economic expansion. Hence, GDP will rapidly rise and close the gap to equity prices. <b>2. The great inflation:</b>Stocks simply price in future inflation that eventually will come on the back of decades of ultra-low rates and central bank balance sheet expansion</blockquote><p>We will take a close look at the validity of those scenarios below. As we will show, these scenarios would require that we enter a multi-year period of extreme economic growth or inflation or a mix of both.&nbsp; However, we will show that gold should outperform stocks in either scenario. And if neither scenario comes true, then stock markets are due for a substantial correction. In that scenario, we would expect central banks to eventually intervene, which should ultimately also benefit gold. Hence, the fact that stocks have vastly outperformed gold over the past months is somewhat of a conundrum. But we are confident that this will reverse going forward.</p><p><b>Scenario one: The great Gatsby</b></p><p>Proponents of the great Gatsby scenario argue that, once the COVID19 pandemic is behind us as enough people are vaccinated and normality returns, economic activity will explode. The argumentation goes that there is a lot of pent-up demand as people were forced to save during the lockdowns and are eager to consume. This demand will be further fueled by stimulus checks (potentially in perpetuity, UBI). At the same time, governments around the world are rolling out huge green infrastructure programs, partially to combat climate change and partially to jump-start the economy.</p><p>While some of these deliberations have merit, there are a few important caveats. In our view, it is extremely unlikely for the economy to simply pick up where we left even if the current measures intended to contain the pandemic are completely removed. Many small businesses have closed forever or are about to close in the near term. The surviving businesses are aggressively cutting costs by a) laying off staff and b) trimming production. The former will impact on consumer demand going forward, the latter will impact on the businesses that are further up in the production chain. While there may be pent-up consumer demand from those who still have a job and saved a lot of money during lockdowns, there are also likely to be a lot of pent-up bankruptcies as many businesses have simply survived so far due to government intervention. Eventually many of those businesses will close. This is especially true in many European economies where governments de facto paid companies not to fire people.</p><p>The problem is compounded by the fact that the economy was already stuttering long before Coronavirus became a household name. The Fed had to aggressively reverse its hiking cycle already by 3Q2019 as markets started to turn sour. We believe that we are close to or already in a recession by late 2019. Hence, a simple return to the pre-COVID economy would mean back to a “normal” recession. Thus, the drivers for this apparent future multi-year super growth cycle have to be strong enough to offset these bearish factors as well.</p><p>Then there is the magnitude by how much the economy would have to expand to justify these kind of equity valuations. If you take a simple metric like market cap to GDP, then GDP would have to almost double from current levels to be in line with historical averages. That implies a nominal GDP of $40tn, or 86% above the levels before COVID (average 2019). Granted that market cap to GDP was already inflated to around 1.2 on average in the ten years prior to the pandemic due to ultra-low interest rates, a return to that average would still require nominal GDP to rise to $35tn or 63% from pre-COVID levels.</p><p>Even with a staggering 5% annual GDP growth and 2% inflation, it would still take more than seven years to get there. Are stocks really pricing in the year 2028 with 0% discount rate? And if so, what would be the fundamental driver to push stocks even higher from here? &nbsp;And is there even historic precedent for these kind of growth numbers? In the post WWII period, there have been only two instances where economic expansion was that high for a prolonged period (see Exhibit 8).</p><p>After WWII ended, the US saw a few years of moderate growth as government spending plummeted, followed by very high growth rates at around 6.9% between 1949 and 1953. This was possible as the US was one of the very few countries where none of the infrastructure had been destroyed and the rest of the world had to be rebuilt. However mathematically, even a repetition of the 1949-53 growth period over the coming years would not be enough to justify current stock prices as it lasted for “only” four years before the US fell into another recession.</p><p><img src=\"https://static.tigerbbs.com/e0e3916e88c1ee473c5ea235b229f969\" tg-width=\"500\" tg-height=\"420\" referrerpolicy=\"no-referrer\">From 1958-1969, the US economy was able to grow close to 5% with a brief monetary recession in 1960. In our view, this 1960s growth period is the only one that reflects the magnitude and length needed to get US GDP back in line with current equity prices. However, the economic environment of the 1960s looked very different from where we are now. More specifically, the US exited WWII with record debt to GPD of over 100%. However, it then immediately cut spending (which resulted in the slower growth rates in the immediate years after WWII) and reduced debt. Inflation also picked up, which, to some extent, helped reducing debt even further[1]. By 1959, the US government had reduced its debt held by the public to 44%, and it dropped to 27% by the end of the 60s (see exhibit 9).</p><p><img src=\"https://static.tigerbbs.com/4ee79afe5f74fa39abc86b197930c486\" tg-width=\"500\" tg-height=\"422\" referrerpolicy=\"no-referrer\">Additionally, 10-year treasury rates average at around 5% during this entire growth period. This is a stark contrast to the 1.5% we are seeing now (which already seem to rattle markets). Furthermore, the FED has no room to the downside, as Fed funds rates are already at zero percent. Hence, the only monetary stimulus that is left is via continued and even more extreme QE. However, as we have shown many times before (see&nbsp;Gold Price Framework Vol. 2: The energy side of the equation,&nbsp;<i>28 May 2018</i>), QE has always a huge and direct effect on gold prices, and gold is currently not pricing any of that in. Instead, the equity and gold markets seem to be pricing in economic expansion that is driven by anything but more monetary stimulus.</p><p>Another theme of the great Gatsby scenario is that governments will unleash massive transformation towards a greener future. This will lead to huge infrastructure investments in energy, transportation and commodity space, create jobs and unlock economic growth. While we believe that this is likely to be true, what the market seems to ignore is that this can only be financed with more government debt. Central banks will ultimately have to buy that debt, which has the same effect as QE as it leads to a growing balance sheet. And as we have outlined before, higher QE leads to higher gold prices. So again, if markets are pricing in economic expansion on the back of a “green new deal”, they seem to wrongly assume that this can be done without an effect on gold price.</p><p>Lastly, there is the idea that the COVID relief checks will continue indefinitely, de facto introducing a sort of Universal Basic Income (UBI). This would have an effect on consumer spending and, thus, corporate revenues. However, currently the US is running the largest deficit in history. If UBI becomes a reality, this would also have to be entirely financed via debt. As mentioned before, markets are not pricing this in, otherwise we would see an effect on gold.</p><p><b>Thus, the equity-gold conundrum doesn’t disappear in the great Gatsby scenario. In fact, we think that if we see strong economic growth over the coming years, it will entirely be debt financed and as a consequence gold should outperform stocks, not the other way around.</b></p>","source":"lsy1583725640930","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 Equity-Gold Price Conundrum, Part 1: The Great Batsby</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Equity-Gold Price Conundrum, Part 1: The Great Batsby\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 18:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/equity-gold-price-conundrum-part-1-great-batsby?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohege%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The relentless rally in equity markets has pushed valuations to extreme levels based on traditional metrics. In this report, we analyze the two common arguments made by equity bulls on why this time ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/equity-gold-price-conundrum-part-1-great-batsby?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohege%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/equity-gold-price-conundrum-part-1-great-batsby?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohege%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162030727","content_text":"The relentless rally in equity markets has pushed valuations to extreme levels based on traditional metrics. In this report, we analyze the two common arguments made by equity bulls on why this time is different and current valuations are justified. We find that either gold or equities are currently mispriced, as, a) both arguments would imply that gold should outperform stocks and b) if neither of the scenarios play out, equities are due for a substantial correction.Amidst the global COVID-19 pandemic, equities had staggering rally over the past 12 months. The S&P500 almost doubled in less than a year from a low of 2240 on March 23, 2020 to currently 3860 at the time of writing. In addition, some narrower indices have done even better. Particularly certain technology stocks have relentlessly risen amidst an environment of economic stress.This has led to a sharp increase in the equities-to-gold price ratio (see Exhibit 1) even as economic growth has collapsed while the Fed increased its balance sheet at an unprecedented level.This increase in the equities-to-gold-ratio is not caused by gold performing poorly as prices for the yellow metal are up12% since the end of 2019. It’s simply a consequence of equities’ doing really well. But equity valuations according to traditional metrics have now approached extreme levels. For example, the total market cap to GDP (Buffet indicator) is currently at 193% (see exhibit 2), the highest on record, 50% above the peak during the dot.com bubble.Moreover, global equities to GDP are also extremely high, currently at >120% (see exhibit 3).The Cyclically Adjusted Price Earnings Ratio, or CAPE, a measure developed by Robert Schiller, is also flashing red with the second highest reading in history going back to the late 1900s (see exhibit 4).Price to sales ratios also hit a record high (see Exhibit 5).There are other indicators that suggest that equity prices have detached from underlying fundamentals. The put / call ratio on the CBOE has now reached the levels of the dot.com bubble (see Exhibit 6).We also saw an unprecedented inflow of new market participants. People with very little or no market exp4erience opened online brokerage accounts at an unprecedented speed during the global lockdowns. More than 10 million Americans opened a trading account in 2020 according to the Wall Street Journal.  According to CNBC, ten percent of Americans bought a stock for the first time in the past 12 months, and a staggering twenty-two percent of Gen Z (currently 6-24 years old) opened a stock market account in the last 12 months.And stocks are not the only assets that are skyrocketing. Cryptocurrencies, which since 2017 had temporarily lost their luster, are rallying at breakneck pace since the outbreak of the pandemic (see exhibit 7).Judged on only those metrics, stock markets are clearly in a bubble. But is this time maybe really different as the bulls argue? In our view, there are only two ways that current stock prices could indeed be justified;1. The great Gatsby:The pandemic, as negative as it was for economic activity near term, will be followed by a period of unprecedented economic expansion. Hence, GDP will rapidly rise and close the gap to equity prices. 2. The great inflation:Stocks simply price in future inflation that eventually will come on the back of decades of ultra-low rates and central bank balance sheet expansionWe will take a close look at the validity of those scenarios below. As we will show, these scenarios would require that we enter a multi-year period of extreme economic growth or inflation or a mix of both.  However, we will show that gold should outperform stocks in either scenario. And if neither scenario comes true, then stock markets are due for a substantial correction. In that scenario, we would expect central banks to eventually intervene, which should ultimately also benefit gold. Hence, the fact that stocks have vastly outperformed gold over the past months is somewhat of a conundrum. But we are confident that this will reverse going forward.Scenario one: The great GatsbyProponents of the great Gatsby scenario argue that, once the COVID19 pandemic is behind us as enough people are vaccinated and normality returns, economic activity will explode. The argumentation goes that there is a lot of pent-up demand as people were forced to save during the lockdowns and are eager to consume. This demand will be further fueled by stimulus checks (potentially in perpetuity, UBI). At the same time, governments around the world are rolling out huge green infrastructure programs, partially to combat climate change and partially to jump-start the economy.While some of these deliberations have merit, there are a few important caveats. In our view, it is extremely unlikely for the economy to simply pick up where we left even if the current measures intended to contain the pandemic are completely removed. Many small businesses have closed forever or are about to close in the near term. The surviving businesses are aggressively cutting costs by a) laying off staff and b) trimming production. The former will impact on consumer demand going forward, the latter will impact on the businesses that are further up in the production chain. While there may be pent-up consumer demand from those who still have a job and saved a lot of money during lockdowns, there are also likely to be a lot of pent-up bankruptcies as many businesses have simply survived so far due to government intervention. Eventually many of those businesses will close. This is especially true in many European economies where governments de facto paid companies not to fire people.The problem is compounded by the fact that the economy was already stuttering long before Coronavirus became a household name. The Fed had to aggressively reverse its hiking cycle already by 3Q2019 as markets started to turn sour. We believe that we are close to or already in a recession by late 2019. Hence, a simple return to the pre-COVID economy would mean back to a “normal” recession. Thus, the drivers for this apparent future multi-year super growth cycle have to be strong enough to offset these bearish factors as well.Then there is the magnitude by how much the economy would have to expand to justify these kind of equity valuations. If you take a simple metric like market cap to GDP, then GDP would have to almost double from current levels to be in line with historical averages. That implies a nominal GDP of $40tn, or 86% above the levels before COVID (average 2019). Granted that market cap to GDP was already inflated to around 1.2 on average in the ten years prior to the pandemic due to ultra-low interest rates, a return to that average would still require nominal GDP to rise to $35tn or 63% from pre-COVID levels.Even with a staggering 5% annual GDP growth and 2% inflation, it would still take more than seven years to get there. Are stocks really pricing in the year 2028 with 0% discount rate? And if so, what would be the fundamental driver to push stocks even higher from here?  And is there even historic precedent for these kind of growth numbers? In the post WWII period, there have been only two instances where economic expansion was that high for a prolonged period (see Exhibit 8).After WWII ended, the US saw a few years of moderate growth as government spending plummeted, followed by very high growth rates at around 6.9% between 1949 and 1953. This was possible as the US was one of the very few countries where none of the infrastructure had been destroyed and the rest of the world had to be rebuilt. However mathematically, even a repetition of the 1949-53 growth period over the coming years would not be enough to justify current stock prices as it lasted for “only” four years before the US fell into another recession.From 1958-1969, the US economy was able to grow close to 5% with a brief monetary recession in 1960. In our view, this 1960s growth period is the only one that reflects the magnitude and length needed to get US GDP back in line with current equity prices. However, the economic environment of the 1960s looked very different from where we are now. More specifically, the US exited WWII with record debt to GPD of over 100%. However, it then immediately cut spending (which resulted in the slower growth rates in the immediate years after WWII) and reduced debt. Inflation also picked up, which, to some extent, helped reducing debt even further[1]. By 1959, the US government had reduced its debt held by the public to 44%, and it dropped to 27% by the end of the 60s (see exhibit 9).Additionally, 10-year treasury rates average at around 5% during this entire growth period. This is a stark contrast to the 1.5% we are seeing now (which already seem to rattle markets). Furthermore, the FED has no room to the downside, as Fed funds rates are already at zero percent. Hence, the only monetary stimulus that is left is via continued and even more extreme QE. However, as we have shown many times before (see Gold Price Framework Vol. 2: The energy side of the equation, 28 May 2018), QE has always a huge and direct effect on gold prices, and gold is currently not pricing any of that in. Instead, the equity and gold markets seem to be pricing in economic expansion that is driven by anything but more monetary stimulus.Another theme of the great Gatsby scenario is that governments will unleash massive transformation towards a greener future. This will lead to huge infrastructure investments in energy, transportation and commodity space, create jobs and unlock economic growth. While we believe that this is likely to be true, what the market seems to ignore is that this can only be financed with more government debt. Central banks will ultimately have to buy that debt, which has the same effect as QE as it leads to a growing balance sheet. And as we have outlined before, higher QE leads to higher gold prices. So again, if markets are pricing in economic expansion on the back of a “green new deal”, they seem to wrongly assume that this can be done without an effect on gold price.Lastly, there is the idea that the COVID relief checks will continue indefinitely, de facto introducing a sort of Universal Basic Income (UBI). This would have an effect on consumer spending and, thus, corporate revenues. However, currently the US is running the largest deficit in history. If UBI becomes a reality, this would also have to be entirely financed via debt. As mentioned before, markets are not pricing this in, otherwise we would see an effect on gold.Thus, the equity-gold conundrum doesn’t disappear in the great Gatsby scenario. In fact, we think that if we see strong economic growth over the coming years, it will entirely be debt financed and as a consequence gold should outperform stocks, not the other way around.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107764648,"gmtCreate":1620540922784,"gmtModify":1704344805537,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Go for it","listText":"Go for it","text":"Go for it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/107764648","repostId":"1106882084","repostType":4,"repost":{"id":"1106882084","pubTimestamp":1620451121,"share":"https://www.laohu8.com/m/news/1106882084?lang=&edition=full","pubTime":"2021-05-08 13:18","market":"us","language":"en","title":"US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1106882084","media":"renaissancecap...","summary":"Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings.The largest deal of the week,Enact Holdings plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.Cros","content":"<p>Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance company<b>Enact Holdings</b>(ACT).</p>\n<p>The largest deal of the week,<b>Enact Holdings</b>(ACT) plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.</p>\n<p>Cross-border e-commerce platform<b>Global-E Online</b>(GLBE) plans to raise $360 million at a $4.0 billion market cap. The company states that it has built the world’s leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. Fast growing and profitable in 2020, Global-E has over 400 merchants on its platform and currently supports transactions in over 200 markets worldwide.</p>\n<p>Hearing care services provider<b>hear.com</b>(HCG) plans to raise $300 million at a $2.1 billion market cap. The company’s data-driven approach to hearing care enables them to deliver a personalized experience and respond to customer needs in real time. While its conversion rate fell slightly in the FY20, hear.com saw 25%+ increases in both appointments and total customer sales.</p>\n<p>Brazilian customer experience platform<b>Zenvia</b>(ZENV) plans to raise $213 million at a $607 million market cap. The company’s software platform facilitated the flow of communication for more than 9,400 customers throughout Latin America as of December 31, 2020. While it achieved a standalone net revenue expansion rate of over 110%, Zenvia’s EBIT turned negative in 2020.</p>\n<p>Israeli web analytics provider<b>Similarweb</b>(SMWB) plans to raise $160 million at a $1.7 billion market cap. The company has blue-chip customers across a variety of industries, and they include marketers, strategy teams, salespeople, analysts, and investors. Similarweb has demonstrated growth, though it remains small and unprofitable with widening losses.</p>\n<p>Online hydroponic equipment supplier<b>iPower</b>(IPW) plans to raise $24 million at a $202 million market cap. Fast growing and profitable, the company sells equipment that enables its customers to grow fruits, vegetables, flowers, and other plants, including cannabis, through its own website and third party retailers like Amazon, eBay, and Walmart.</p>\n<p>Canadian cannabis products developer<b>Flora Growth</b>(FLGC) plans to raise $15 million at a $221 million market cap. Flora Growth cultivates and processes medical-grade cannabis oil and other cannabis derived products in Colombia. Flora Growth is highly unprofitable, and it just began generating revenues this past August.</p>\n<p><img src=\"https://static.tigerbbs.com/57e90b667064a33ea39693340582c44c\" tg-width=\"1064\" tg-height=\"646\"></p>","source":"lsy1619493174116","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>US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO 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; 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\">\nUS IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead a 7 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 13:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/81602/US-IPO-Week-Ahead-Mortgage-insurance-and-cross-border-e-commerce-lead-a-7-I><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings(ACT).\nThe largest deal of the week,Enact Holdings(ACT) plans to raise $497 ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/81602/US-IPO-Week-Ahead-Mortgage-insurance-and-cross-border-e-commerce-lead-a-7-I\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/81602/US-IPO-Week-Ahead-Mortgage-insurance-and-cross-border-e-commerce-lead-a-7-I","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106882084","content_text":"Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings(ACT).\nThe largest deal of the week,Enact Holdings(ACT) plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.\nCross-border e-commerce platformGlobal-E Online(GLBE) plans to raise $360 million at a $4.0 billion market cap. The company states that it has built the world’s leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. Fast growing and profitable in 2020, Global-E has over 400 merchants on its platform and currently supports transactions in over 200 markets worldwide.\nHearing care services providerhear.com(HCG) plans to raise $300 million at a $2.1 billion market cap. The company’s data-driven approach to hearing care enables them to deliver a personalized experience and respond to customer needs in real time. While its conversion rate fell slightly in the FY20, hear.com saw 25%+ increases in both appointments and total customer sales.\nBrazilian customer experience platformZenvia(ZENV) plans to raise $213 million at a $607 million market cap. The company’s software platform facilitated the flow of communication for more than 9,400 customers throughout Latin America as of December 31, 2020. While it achieved a standalone net revenue expansion rate of over 110%, Zenvia’s EBIT turned negative in 2020.\nIsraeli web analytics providerSimilarweb(SMWB) plans to raise $160 million at a $1.7 billion market cap. The company has blue-chip customers across a variety of industries, and they include marketers, strategy teams, salespeople, analysts, and investors. Similarweb has demonstrated growth, though it remains small and unprofitable with widening losses.\nOnline hydroponic equipment supplieriPower(IPW) plans to raise $24 million at a $202 million market cap. Fast growing and profitable, the company sells equipment that enables its customers to grow fruits, vegetables, flowers, and other plants, including cannabis, through its own website and third party retailers like Amazon, eBay, and Walmart.\nCanadian cannabis products developerFlora Growth(FLGC) plans to raise $15 million at a $221 million market cap. Flora Growth cultivates and processes medical-grade cannabis oil and other cannabis derived products in Colombia. Flora Growth is highly unprofitable, and it just began generating revenues this past August.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374257611,"gmtCreate":1619450791633,"gmtModify":1704724153845,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>cry tiger","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>cry tiger","text":"$Tiger Brokers(TIGR)$cry tiger","images":[{"img":"https://static.tigerbbs.com/673586a63f14b099924e7a415a100291","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374257611","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573719572697574","authorId":"3573719572697574","name":"张大发同学","avatar":"https://static.tigerbbs.com/3fd7bf41ad5567dd93aae0ed6e28e6fe","crmLevel":2,"crmLevelSwitch":0},"content":"I went from 31 to 14","text":"I went from 31 to 14","html":"I went from 31 to 14"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":894990649,"gmtCreate":1628780633881,"gmtModify":1676529854066,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"All the way","listText":"All the way","text":"All the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894990649","repostId":"2158325931","repostType":4,"repost":{"id":"2158325931","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628776169,"share":"https://www.laohu8.com/m/news/2158325931?lang=&edition=full","pubTime":"2021-08-12 21:49","market":"us","language":"en","title":"BioNTech, Moderna Gain on Report of FDA’s Likely Nod for Booster","url":"https://stock-news.laohu8.com/highlight/detail?id=2158325931","media":"Tiger Newspress","summary":"BioNTech and Moderna stock rose in early trading on Thursday, on track to recover some of the previo","content":"<p>BioNTech&nbsp;and Moderna&nbsp;stock rose in&nbsp;early&nbsp;trading&nbsp;on Thursday, on track to recover some of the previous session’s losses, following a report in the Wall Street Journal that the FDA could authorize Covid-19 booster shots for immunocompromised people.</p>\n<p><img src=\"https://static.tigerbbs.com/2860e1c0dcbf5f35624516c9d0ff29db\" tg-width=\"895\" tg-height=\"647\" width=\"100%\" height=\"auto\"></p>\n<p>BioNTech and Moderna were up 3.96% and 2% after plunging 14% and 15.6% in the previous session, respectively. Pfizer (NYSE:PFE), which shed 4% on Wednesday, was up 1%.</p>\n<p>The WSJ reported that the Food and Drug Administration is nearing a decision to authorize booster shots for people with weak immunity amid a surge in new COVID cases because of the rapid spread of the delta variant.</p>\n<p>There is growing evidence that two shots of the vaccines are inadequate for people with low immunity. Vaccine makers plan to approach the FDA this month or next for approval to their booster shots.</p>\n<p>BioNTech, Moderna and Pfizer all closed lower Wednesday following news that Europe’s drug regulator is studying three new conditions reported by a small number of people after getting Covid-19 shots to assess if they may be possible side-effects.</p>\n<p>The conditions were reported in patients who took the mRNA vaccines made by either Moderna or BioNTech-Pfizer.</p>\n<p>Pfizer and BioNTech are collaborating on the research and marketing of their COVID-19 vaccine. Expenses and profit from the vaccine are split equally between Pfizer and BioNTech.</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>BioNTech, Moderna Gain on Report of FDA’s Likely Nod for Booster</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\">\nBioNTech, Moderna Gain on Report of FDA’s Likely Nod for Booster\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-12 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BioNTech&nbsp;and Moderna&nbsp;stock rose in&nbsp;early&nbsp;trading&nbsp;on Thursday, on track to recover some of the previous session’s losses, following a report in the Wall Street Journal that the FDA could authorize Covid-19 booster shots for immunocompromised people.</p>\n<p><img src=\"https://static.tigerbbs.com/2860e1c0dcbf5f35624516c9d0ff29db\" tg-width=\"895\" tg-height=\"647\" width=\"100%\" height=\"auto\"></p>\n<p>BioNTech and Moderna were up 3.96% and 2% after plunging 14% and 15.6% in the previous session, respectively. Pfizer (NYSE:PFE), which shed 4% on Wednesday, was up 1%.</p>\n<p>The WSJ reported that the Food and Drug Administration is nearing a decision to authorize booster shots for people with weak immunity amid a surge in new COVID cases because of the rapid spread of the delta variant.</p>\n<p>There is growing evidence that two shots of the vaccines are inadequate for people with low immunity. Vaccine makers plan to approach the FDA this month or next for approval to their booster shots.</p>\n<p>BioNTech, Moderna and Pfizer all closed lower Wednesday following news that Europe’s drug regulator is studying three new conditions reported by a small number of people after getting Covid-19 shots to assess if they may be possible side-effects.</p>\n<p>The conditions were reported in patients who took the mRNA vaccines made by either Moderna or BioNTech-Pfizer.</p>\n<p>Pfizer and BioNTech are collaborating on the research and marketing of their COVID-19 vaccine. Expenses and profit from the vaccine are split equally between Pfizer and BioNTech.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","BNTX":"BioNTech SE","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158325931","content_text":"BioNTech and Moderna stock rose in early trading on Thursday, on track to recover some of the previous session’s losses, following a report in the Wall Street Journal that the FDA could authorize Covid-19 booster shots for immunocompromised people.\n\nBioNTech and Moderna were up 3.96% and 2% after plunging 14% and 15.6% in the previous session, respectively. Pfizer (NYSE:PFE), which shed 4% on Wednesday, was up 1%.\nThe WSJ reported that the Food and Drug Administration is nearing a decision to authorize booster shots for people with weak immunity amid a surge in new COVID cases because of the rapid spread of the delta variant.\nThere is growing evidence that two shots of the vaccines are inadequate for people with low immunity. Vaccine makers plan to approach the FDA this month or next for approval to their booster shots.\nBioNTech, Moderna and Pfizer all closed lower Wednesday following news that Europe’s drug regulator is studying three new conditions reported by a small number of people after getting Covid-19 shots to assess if they may be possible side-effects.\nThe conditions were reported in patients who took the mRNA vaccines made by either Moderna or BioNTech-Pfizer.\nPfizer and BioNTech are collaborating on the research and marketing of their COVID-19 vaccine. Expenses and profit from the vaccine are split equally between Pfizer and BioNTech.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138407381,"gmtCreate":1621952095743,"gmtModify":1704365073169,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Go up and down","listText":"Go up and down","text":"Go up and down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/138407381","repostId":"1150619526","repostType":4,"repost":{"id":"1150619526","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621951262,"share":"https://www.laohu8.com/m/news/1150619526?lang=&edition=full","pubTime":"2021-05-25 22:01","market":"us","language":"en","title":"Moderna shares once gained more than 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1150619526","media":"Tiger Newspress","summary":"Today Moderna shares once gained more than 4%. Modernasaid Tuesday its Covid-19 vaccine was 100% eff","content":"<p>Today&nbsp;Moderna&nbsp;shares&nbsp;once&nbsp;gained&nbsp;more&nbsp;than&nbsp;4%.&nbsp;</p><p><img src=\"https://static.tigerbbs.com/c4d4545f5ddaf3cc95708b587f6eedb0\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Modernasaid Tuesday its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behindPfizer's to demonstrate high efficacy in younger age groups.</p><p>The company said it plans to ask the Food and Drug Administration to expand the emergency use of its Covid vaccine for teens early next month. If approved, it would likely dramatically expand the number of shots available to middle and high school students ahead of the next school year. Pfizer and German partnerBioNTechwere clearedto use their vaccine for 12- to 15-year-olds earlier this month.</p><p>\"We are encouraged that mRNA-1273 was highly effective at preventing COVID-19 in adolescents,\" Moderna CEO Stephane Bancel said in a press release. \"We remain committed to doing our part to help end the COVID-19 pandemic.\"</p><p>The two-dose vaccine, which is given four weeks apart, is already authorized for adults.</p><p>U.S. regulators are expected to grant Moderna's request for use in teens. The approval process could take about a month, just in time for some summer activities and fall classes if Moderna submits the data by early June. Pfizer and BioNTech requested expanded use of their shot in adolescents on April 9, for example, and were authorized by the FDA on May 10.</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>Moderna shares once gained more than 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nModerna shares once gained more than 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-25 22:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Today&nbsp;Moderna&nbsp;shares&nbsp;once&nbsp;gained&nbsp;more&nbsp;than&nbsp;4%.&nbsp;</p><p><img src=\"https://static.tigerbbs.com/c4d4545f5ddaf3cc95708b587f6eedb0\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Modernasaid Tuesday its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behindPfizer's to demonstrate high efficacy in younger age groups.</p><p>The company said it plans to ask the Food and Drug Administration to expand the emergency use of its Covid vaccine for teens early next month. If approved, it would likely dramatically expand the number of shots available to middle and high school students ahead of the next school year. Pfizer and German partnerBioNTechwere clearedto use their vaccine for 12- to 15-year-olds earlier this month.</p><p>\"We are encouraged that mRNA-1273 was highly effective at preventing COVID-19 in adolescents,\" Moderna CEO Stephane Bancel said in a press release. \"We remain committed to doing our part to help end the COVID-19 pandemic.\"</p><p>The two-dose vaccine, which is given four weeks apart, is already authorized for adults.</p><p>U.S. regulators are expected to grant Moderna's request for use in teens. The approval process could take about a month, just in time for some summer activities and fall classes if Moderna submits the data by early June. Pfizer and BioNTech requested expanded use of their shot in adolescents on April 9, for example, and were authorized by the FDA on May 10.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150619526","content_text":"Today Moderna shares once gained more than 4%. Modernasaid Tuesday its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behindPfizer's to demonstrate high efficacy in younger age groups.The company said it plans to ask the Food and Drug Administration to expand the emergency use of its Covid vaccine for teens early next month. If approved, it would likely dramatically expand the number of shots available to middle and high school students ahead of the next school year. Pfizer and German partnerBioNTechwere clearedto use their vaccine for 12- to 15-year-olds earlier this month.\"We are encouraged that mRNA-1273 was highly effective at preventing COVID-19 in adolescents,\" Moderna CEO Stephane Bancel said in a press release. \"We remain committed to doing our part to help end the COVID-19 pandemic.\"The two-dose vaccine, which is given four weeks apart, is already authorized for adults.U.S. regulators are expected to grant Moderna's request for use in teens. The approval process could take about a month, just in time for some summer activities and fall classes if Moderna submits the data by early June. Pfizer and BioNTech requested expanded use of their shot in adolescents on April 9, for example, and were authorized by the FDA on May 10.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578373921153278","authorId":"3578373921153278","name":"djcnsjsjcjd","avatar":"https://static.tigerbbs.com/ef503fc180ab895c78d9ee7a564daafb","crmLevel":3,"crmLevelSwitch":0},"content":"like and comment","text":"like and comment","html":"like and comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371497498,"gmtCreate":1618964621214,"gmtModify":1704717520072,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a>winter snow","listText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$</a>winter snow","text":"$Snowflake(SNOW)$winter snow","images":[{"img":"https://static.tigerbbs.com/67a9078debe32abd7ba2780179c8e0d3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/371497498","isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":357781563,"gmtCreate":1617299401052,"gmtModify":1704698584114,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CNEY\">$CN Energy Group Inc.(CNEY)$</a>when going up","listText":"<a href=\"https://laohu8.com/S/CNEY\">$CN Energy Group Inc.(CNEY)$</a>when going up","text":"$CN Energy Group Inc.(CNEY)$when going up","images":[{"img":"https://static.tigerbbs.com/3fc6bb6b87b49fccd6b63135ae46cbf4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/357781563","isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":152079134,"gmtCreate":1625246233128,"gmtModify":1703739395984,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Go there","listText":"Go there","text":"Go there","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152079134","repostId":"2148870441","repostType":4,"repost":{"id":"2148870441","pubTimestamp":1625239935,"share":"https://www.laohu8.com/m/news/2148870441?lang=&edition=full","pubTime":"2021-07-02 23:32","market":"us","language":"en","title":"1 Big Reason to Buy Snowflake Stock Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2148870441","media":"Motley Fool","summary":"Snowflake stock is priced at the moment for very long-term investors only.","content":"<p>Even after almost a year since its IPO and down some 30% in price from where it was in initial public trading, <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> </b>(NYSE:SNOW) remains <a href=\"https://laohu8.com/S/AONE\">one</a> of the most notoriously \"expensive\" stocks out there. Shareholders are pricing in years' worth of torrid growth. Snowflake recently added fuel to that fire, though, issuing some very specific and very ambitious revenue goals targeted for completion nearly a decade from now.</p>\n<p>There are pitfalls with projecting financial results too far into the future. Business is an unpredictable game, and we live in a fast-changing world. Nevertheless, cloud computing is an unstoppable force, and Snowflake is in pole position in a very important area of that expanding market. Don't go off and buy this stock hand over fist, but if you are willing to give this <a href=\"https://laohu8.com/S/AONE.U\">one</a> a shot for a decade or more, there are reasons you might want to add it to your watchlist at the very least.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632438%2Fdata-center.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\"><span>Image source: Getty Images.</span></p>\n<h2>When even stellar financial results don't really matter</h2>\n<p>Snowflake continues to deliver the goods since becoming a public concern. Revenue in Q1 2021 notched a 110% year-over-year increase to $229 million, and full-year 2021 guidance is calling for a first-ever $1 billion in annual sales -- implying growth of no less than 84% from 2020. The company also anticipates reaching break-even on an adjusted free cash flow basis. Not bad at all, Snowflake.</p>\n<p>However, the rub for many investors is that the stock still trades for over 65 times full-year 2021 expected sales to enterprise value (market cap minus cash and equivalents). It's an incredible valuation, pricing in not just the expectation that the cloud computing industry will grow by double-digit percentages for the foreseeable future, but also that Snowflake's leading \"Data Cloud\" service will remain a leader among its peers in data management.</p>\n<p>Companies projecting growth too far into the future (and investors paying up for that growth and accepting a steep premium price tag) can be problematic. Business trends can change quickly, and competitors both old and new can present headaches for a company's growth trajectory. It thus comes as little surprise that Snowflake stock has been stuck in a volatile downward-trending line since its IPO last autumn.</p>\n<p>Snowflake is happy to oblige those who have been willing to take on the risk of buying, though. While most companies shy away from providing any sort of specific guidance beyond a year, not Snowflake. During its 2021 investor day presentation, it provided a product revenue goal all the way out to fiscal year 2029: $10 billion. If 2021 expectations for just over $1 billion transpire, the 2029 projection represents an average annual compound growth rate of over 33%, and it values the stock at under seven times 2029 sales.</p>\n<h2>A pie-in-the-sky goal?</h2>\n<p>Before you balk at such an ambitious very long-term projection, consider a few items. Cloud computing is a massive secular growth trend. Spending on cloud computing could reach $1 <i>trillion per year </i>by the end of this decade. And within the current greater cloud industry -- pegged at just over $330 billion in global spend this year by tech researcher <b>Gartner</b> -- application and infrastructure services (the corner of the cloud sandbox Snowflake is making snow angels in) are over one-third of the total spend.</p>\n<p>Put another way, this is a massive space, and Snowflake is indeed just one flake among a blizzard of cloud services out there.</p>\n<p>Cast in that light, $10 billion in sales in nearly a decade, in an industry that could soak up over a trillion dollars per year, suddenly doesn't seem so ambitious. In fact, Snowflake's goal could be downright achievable. And don't forget this company has nearly $4 billion in cash, another $1.2 billion in long-term investments, and no debt. That's quite the war chest it could deploy on new products or acquisitions -- making its long-term plan that much more easily within reach.</p>\n<p>The most pressing question, of course, is this: Is the stock a buy? If you need the money within a couple of years, or don't have the patience or temperament to wait out what is sure to be a wild ride over the next eight to 10 years, probably not. But if you're ultra-long on the cloud industry, you're still saving money and can plan to buy more Snowflake stock over time if the bull thesis plays out, maybe paying less than seven times sales projected into 2029 isn't such a bad idea.</p>\n<p>At the very least, put this stock on your watchlist and do some more due diligence to flesh out whether or not you believe management's messaging. I, for one, am warming up to the idea of making an initial investment.</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>1 Big Reason to Buy Snowflake Stock Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n1 Big Reason to Buy Snowflake Stock Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/1-big-reason-to-buy-snowflake-stock-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even after almost a year since its IPO and down some 30% in price from where it was in initial public trading, Snowflake (NYSE:SNOW) remains one of the most notoriously \"expensive\" stocks out there. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/1-big-reason-to-buy-snowflake-stock-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://www.fool.com/investing/2021/07/02/1-big-reason-to-buy-snowflake-stock-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148870441","content_text":"Even after almost a year since its IPO and down some 30% in price from where it was in initial public trading, Snowflake (NYSE:SNOW) remains one of the most notoriously \"expensive\" stocks out there. Shareholders are pricing in years' worth of torrid growth. Snowflake recently added fuel to that fire, though, issuing some very specific and very ambitious revenue goals targeted for completion nearly a decade from now.\nThere are pitfalls with projecting financial results too far into the future. Business is an unpredictable game, and we live in a fast-changing world. Nevertheless, cloud computing is an unstoppable force, and Snowflake is in pole position in a very important area of that expanding market. Don't go off and buy this stock hand over fist, but if you are willing to give this one a shot for a decade or more, there are reasons you might want to add it to your watchlist at the very least.\nImage source: Getty Images.\nWhen even stellar financial results don't really matter\nSnowflake continues to deliver the goods since becoming a public concern. Revenue in Q1 2021 notched a 110% year-over-year increase to $229 million, and full-year 2021 guidance is calling for a first-ever $1 billion in annual sales -- implying growth of no less than 84% from 2020. The company also anticipates reaching break-even on an adjusted free cash flow basis. Not bad at all, Snowflake.\nHowever, the rub for many investors is that the stock still trades for over 65 times full-year 2021 expected sales to enterprise value (market cap minus cash and equivalents). It's an incredible valuation, pricing in not just the expectation that the cloud computing industry will grow by double-digit percentages for the foreseeable future, but also that Snowflake's leading \"Data Cloud\" service will remain a leader among its peers in data management.\nCompanies projecting growth too far into the future (and investors paying up for that growth and accepting a steep premium price tag) can be problematic. Business trends can change quickly, and competitors both old and new can present headaches for a company's growth trajectory. It thus comes as little surprise that Snowflake stock has been stuck in a volatile downward-trending line since its IPO last autumn.\nSnowflake is happy to oblige those who have been willing to take on the risk of buying, though. While most companies shy away from providing any sort of specific guidance beyond a year, not Snowflake. During its 2021 investor day presentation, it provided a product revenue goal all the way out to fiscal year 2029: $10 billion. If 2021 expectations for just over $1 billion transpire, the 2029 projection represents an average annual compound growth rate of over 33%, and it values the stock at under seven times 2029 sales.\nA pie-in-the-sky goal?\nBefore you balk at such an ambitious very long-term projection, consider a few items. Cloud computing is a massive secular growth trend. Spending on cloud computing could reach $1 trillion per year by the end of this decade. And within the current greater cloud industry -- pegged at just over $330 billion in global spend this year by tech researcher Gartner -- application and infrastructure services (the corner of the cloud sandbox Snowflake is making snow angels in) are over one-third of the total spend.\nPut another way, this is a massive space, and Snowflake is indeed just one flake among a blizzard of cloud services out there.\nCast in that light, $10 billion in sales in nearly a decade, in an industry that could soak up over a trillion dollars per year, suddenly doesn't seem so ambitious. In fact, Snowflake's goal could be downright achievable. And don't forget this company has nearly $4 billion in cash, another $1.2 billion in long-term investments, and no debt. That's quite the war chest it could deploy on new products or acquisitions -- making its long-term plan that much more easily within reach.\nThe most pressing question, of course, is this: Is the stock a buy? If you need the money within a couple of years, or don't have the patience or temperament to wait out what is sure to be a wild ride over the next eight to 10 years, probably not. But if you're ultra-long on the cloud industry, you're still saving money and can plan to buy more Snowflake stock over time if the bull thesis plays out, maybe paying less than seven times sales projected into 2029 isn't such a bad idea.\nAt the very least, put this stock on your watchlist and do some more due diligence to flesh out whether or not you believe management's messaging. I, for one, am warming up to the idea of making an initial investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187424559,"gmtCreate":1623762701771,"gmtModify":1703818516500,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Time to buy dip","listText":"Time to buy dip","text":"Time to buy dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187424559","repostId":"1128180606","repostType":4,"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580340700781087","authorId":"3580340700781087","name":"jazzspeed","avatar":"https://community-static.tradeup.com/news/279520f8a08ed94bc72bf186dcf094e9","crmLevel":3,"crmLevelSwitch":0},"content":"good idea","text":"good idea","html":"good idea"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376973381,"gmtCreate":1619084925543,"gmtModify":1704719386023,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a>im trapped","listText":"<a href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a>im trapped","text":"$Ebang International Holdings Inc.(EBON)$im trapped","images":[{"img":"https://static.tigerbbs.com/68af1c5266df1fe069d79aa9b99674ae","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376973381","isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":359503535,"gmtCreate":1616408796327,"gmtModify":1704793643679,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Way to go","listText":"Way to go","text":"Way to go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359503535","repostId":"1163016573","repostType":4,"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362955841,"gmtCreate":1614590815883,"gmtModify":1704772759265,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>huat huat up up","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>huat huat up up","text":"$GameStop(GME)$huat huat up up","images":[{"img":"https://static.tigerbbs.com/b2785f2f37290160a21ff3d7037d647d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362955841","isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":361551447,"gmtCreate":1614248726189,"gmtModify":1704769582142,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>pro","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>pro","text":"$GameStop(GME)$pro","images":[{"img":"https://static.tigerbbs.com/e240be0ebcb9e5519b1c89416373376c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361551447","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":175429165,"gmtCreate":1627047351657,"gmtModify":1703483211654,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175429165","repostId":"2153498346","repostType":4,"repost":{"id":"2153498346","pubTimestamp":1627045620,"share":"https://www.laohu8.com/m/news/2153498346?lang=&edition=full","pubTime":"2021-07-23 21:07","market":"us","language":"en","title":"The Damaging AMC Entertainment Data Point No One Is Paying Attention To","url":"https://stock-news.laohu8.com/highlight/detail?id=2153498346","media":"Motley Fool","summary":"This suggests that bankruptcy is still very much in play for America's top movie chain.","content":"<p>For nearly six months, meme stocks -- companies lauded more for the buzz they create on social media than their financial performance -- have been the talk of Wall Street. Often sporting high levels of short interest and poor outlooks, these meme stocks have been lifted up by an army of retail investors.</p>\n<p>Although there seems to be a new meme stock in play every day, movie theater chain <b>AMC Entertainment</b> (NYSE:AMC) has consistently been the most popular.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F634412%2Fmovie-theater-popcorn-date-film-amc-regal-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"470\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Hope for a short squeeze is dwindling</h3>\n<p>Why AMC? According to its impassioned following, the company is purportedly ripe for a short squeeze. For those who may not be following AMC closely, the company's share price did squeeze short sellers (i.e., pessimists betting the share price will decline) in late January, shortly after the company saved itself from immediate bankruptcy by selling stock and issuing high-interest debt.</p>\n<p>The problem for this emotion-driven group of AMC enthusiasts, who call themselves \"apes\" -- a nod to <i>Rise of the Planet of the Apes</i> and the idea that apes are stronger together -- is that the prospect for a short squeeze on AMC is pretty poor. Between the end of May and the end of June, New York Stock Exchange-reported data shows that shares held short declined from 102.3 million to approximately 75.5 million... <i>and the price of AMC fell!</i></p>\n<p>Short sellers have to feel trapped in their positions for a squeeze to occur, and that's simply not happening with short interest on the decline and the short ratio (also known as \"days to cover\") well below <a href=\"https://laohu8.com/S/AONE.U\">one</a>. There's not a data point more closely followed by AMC shareholders than its short interest.</p>\n<p>What isn't being paid attention to, but is far more damaging to AMC and its shareholders, is the absolute rout in some of the company's bonds over the past two weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/a7b31a2637d841cd0aa4afe72af35c5e\" tg-width=\"700\" tg-height=\"328\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>The action in AMC's bonds suggests bankruptcy is a growing possibility</h3>\n<p>To be upfront, AMC has issued a lot of debt, with a variety of interest rates and maturity dates. The vast majority of the company's debt that would need to be paid off in the near term isn't of concern to Wall Street. That's because AMC has in the neighborhood of $2.2 billion in cash and cash equivalents after multiple cash raises, albeit this figure doesn't take into account its cash outflow in the second quarter, after burning through almost $325 million in the first quarter.</p>\n<p>Where trouble begins arising is if you look out to the company's bonds with maturity dates in 2026 and 2027. When bonds are issued, they're almost always priced at face value (100, or 100% of the face value of the bond). AMC's 2026 and 2027 bonds are nowhere close to face value anymore.</p>\n<p>A bond offering of $595 million with a maturity date of Nov. 15, 2026 had been as high as 76.19 (about 76% of face value) on June 21. That same bond now goes for 54.63 (below 55% of face value), as of July 20.</p>\n<p>Want another example? A $475 million debt offering with a May 15, 2027 maturity date was as high as 78.48 on June 23. However, it's been plummeting since July 6, with the July 20 bond price closing at 53.77.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F634412%2Fmoney-under-chain-and-lock-debt-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>You don't have to be a bond trader to read between the lines. With over $1 billion of AMC's debt trading at roughly one-half of par value, bondholders are clearly concerned the company won't have the capital to meet its debt obligations.</p>\n<p>And make no mistake about it, bondholders have every right to be concerned. AMC's apes have done everything in their power to deny AMC CEO Adam Aron the ability to sell stock in order to raise capital. What capital raises Aron did push through were done without having to get the approval of the company's retail investors. However, with AMC effectively maxed out on the share issuance front, it'll be forced to repay over $5.4 billion in debt entirely with cash, rather than stock. Considering the company is burning cash at an extraordinary rate, the math to avoid bankruptcy doesn't add up -- and apes simply don't get it.</p>\n<p>AMC bulls and bears can argue all day about the company, but the bond market speaks the truth about where AMC is headed.</p>\n<p><img src=\"https://static.tigerbbs.com/cc0c2c89dfba03fc4b0c9fb1c7b014cc\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>And don't forget the misinformation campaign...</h3>\n<p>If the truth isn't enough to persuade you of how awful an investment AMC is, perhaps surveying the mountain of myths and misinformation spread by its retail following will demonstrate how desperate this group is to artificially manipulate the company's share price.</p>\n<p>For example, AMC's retail cohort constantly asserts that a large number of naked short shares exist. They also believe that failure to delivers (FTDs) are endemic of naked short-selling, and that dark pool trading represents nefarious activity. Naturally, none of these assertions can ever be substantiated, but that doesn't stop these folks from spreading inaccurate information on social media in an attempt to bring in new capital.</p>\n<p>Working backwards, dark pool trading has no impact on supply and demand for retail trading. As for FTDs, clerical/administrative delays for high-volume stocks are common, as is human error and even buyer-based FTDs. And no naked short-selling campaign is ongoing if AMC's shares are available to short (and here's a hint: they've regularly been available). This entire thesis of alleged wrongdoing by apes is easily debunked.</p>\n<p>Just as ridiculous is the incorrect idea that hedge funds bankrupt companies. Businesses control their own destiny via their operating model and actions. A company's share price, including the buying and selling activity of that stock, doesn't determine if it's a success or not. Claiming short selling is the problem while completely ignoring the real reasons a company is struggling is yet another example of AMC's apes spreading false information online in an effort to rally support and fresh capital for their stock.</p>\n<p>With apes unable to substantiate any of their claims and the bond market flashing big warning signs, my outlook for AMC remains unchanged: Bankruptcy is still very much on the table.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Damaging AMC Entertainment Data Point No One Is Paying Attention To</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Damaging AMC Entertainment Data Point No One Is Paying Attention To\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 21:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/23/damaging-amc-data-point-no-one-paying-attention-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For nearly six months, meme stocks -- companies lauded more for the buzz they create on social media than their financial performance -- have been the talk of Wall Street. Often sporting high levels ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/23/damaging-amc-data-point-no-one-paying-attention-to/\">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/2021/07/23/damaging-amc-data-point-no-one-paying-attention-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153498346","content_text":"For nearly six months, meme stocks -- companies lauded more for the buzz they create on social media than their financial performance -- have been the talk of Wall Street. Often sporting high levels of short interest and poor outlooks, these meme stocks have been lifted up by an army of retail investors.\nAlthough there seems to be a new meme stock in play every day, movie theater chain AMC Entertainment (NYSE:AMC) has consistently been the most popular.\n\nImage source: Getty Images.\nHope for a short squeeze is dwindling\nWhy AMC? According to its impassioned following, the company is purportedly ripe for a short squeeze. For those who may not be following AMC closely, the company's share price did squeeze short sellers (i.e., pessimists betting the share price will decline) in late January, shortly after the company saved itself from immediate bankruptcy by selling stock and issuing high-interest debt.\nThe problem for this emotion-driven group of AMC enthusiasts, who call themselves \"apes\" -- a nod to Rise of the Planet of the Apes and the idea that apes are stronger together -- is that the prospect for a short squeeze on AMC is pretty poor. Between the end of May and the end of June, New York Stock Exchange-reported data shows that shares held short declined from 102.3 million to approximately 75.5 million... and the price of AMC fell!\nShort sellers have to feel trapped in their positions for a squeeze to occur, and that's simply not happening with short interest on the decline and the short ratio (also known as \"days to cover\") well below one. There's not a data point more closely followed by AMC shareholders than its short interest.\nWhat isn't being paid attention to, but is far more damaging to AMC and its shareholders, is the absolute rout in some of the company's bonds over the past two weeks.\n\nImage source: Getty Images.\nThe action in AMC's bonds suggests bankruptcy is a growing possibility\nTo be upfront, AMC has issued a lot of debt, with a variety of interest rates and maturity dates. The vast majority of the company's debt that would need to be paid off in the near term isn't of concern to Wall Street. That's because AMC has in the neighborhood of $2.2 billion in cash and cash equivalents after multiple cash raises, albeit this figure doesn't take into account its cash outflow in the second quarter, after burning through almost $325 million in the first quarter.\nWhere trouble begins arising is if you look out to the company's bonds with maturity dates in 2026 and 2027. When bonds are issued, they're almost always priced at face value (100, or 100% of the face value of the bond). AMC's 2026 and 2027 bonds are nowhere close to face value anymore.\nA bond offering of $595 million with a maturity date of Nov. 15, 2026 had been as high as 76.19 (about 76% of face value) on June 21. That same bond now goes for 54.63 (below 55% of face value), as of July 20.\nWant another example? A $475 million debt offering with a May 15, 2027 maturity date was as high as 78.48 on June 23. However, it's been plummeting since July 6, with the July 20 bond price closing at 53.77.\n\nImage source: Getty Images.\nYou don't have to be a bond trader to read between the lines. With over $1 billion of AMC's debt trading at roughly one-half of par value, bondholders are clearly concerned the company won't have the capital to meet its debt obligations.\nAnd make no mistake about it, bondholders have every right to be concerned. AMC's apes have done everything in their power to deny AMC CEO Adam Aron the ability to sell stock in order to raise capital. What capital raises Aron did push through were done without having to get the approval of the company's retail investors. However, with AMC effectively maxed out on the share issuance front, it'll be forced to repay over $5.4 billion in debt entirely with cash, rather than stock. Considering the company is burning cash at an extraordinary rate, the math to avoid bankruptcy doesn't add up -- and apes simply don't get it.\nAMC bulls and bears can argue all day about the company, but the bond market speaks the truth about where AMC is headed.\n\nImage source: Getty Images.\nAnd don't forget the misinformation campaign...\nIf the truth isn't enough to persuade you of how awful an investment AMC is, perhaps surveying the mountain of myths and misinformation spread by its retail following will demonstrate how desperate this group is to artificially manipulate the company's share price.\nFor example, AMC's retail cohort constantly asserts that a large number of naked short shares exist. They also believe that failure to delivers (FTDs) are endemic of naked short-selling, and that dark pool trading represents nefarious activity. Naturally, none of these assertions can ever be substantiated, but that doesn't stop these folks from spreading inaccurate information on social media in an attempt to bring in new capital.\nWorking backwards, dark pool trading has no impact on supply and demand for retail trading. As for FTDs, clerical/administrative delays for high-volume stocks are common, as is human error and even buyer-based FTDs. And no naked short-selling campaign is ongoing if AMC's shares are available to short (and here's a hint: they've regularly been available). This entire thesis of alleged wrongdoing by apes is easily debunked.\nJust as ridiculous is the incorrect idea that hedge funds bankrupt companies. Businesses control their own destiny via their operating model and actions. A company's share price, including the buying and selling activity of that stock, doesn't determine if it's a success or not. Claiming short selling is the problem while completely ignoring the real reasons a company is struggling is yet another example of AMC's apes spreading false information online in an effort to rally support and fresh capital for their stock.\nWith apes unable to substantiate any of their claims and the bond market flashing big warning signs, my outlook for AMC remains unchanged: Bankruptcy is still very much on the table.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146530690,"gmtCreate":1626089026910,"gmtModify":1703753087704,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/146530690","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122831399,"gmtCreate":1624609651711,"gmtModify":1703841637972,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Predict do not cost money","listText":"Predict do not cost money","text":"Predict do not cost money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/122831399","repostId":"1102706768","repostType":4,"repost":{"id":"1102706768","pubTimestamp":1624604893,"share":"https://www.laohu8.com/m/news/1102706768?lang=&edition=full","pubTime":"2021-06-25 15:08","market":"us","language":"en","title":"Prominent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1102706768","media":"CNBC","summary":"Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his fore","content":"<div>\n<p>Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his forecast for where the “real bottom” in the cryptocurrency’s price could be.\nMinerd told CNBC’s Nancy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.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>Prominent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin</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\">\nProminent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 15:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his forecast for where the “real bottom” in the cryptocurrency’s price could be.\nMinerd told CNBC’s Nancy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102706768","content_text":"Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his forecast for where the “real bottom” in the cryptocurrency’s price could be.\nMinerd told CNBC’s Nancy Hungerford on Thursday that every “major” run-up in bitcoin has been followed by a correction of around 80%.\nEarlier this year, bitcoin prices more than doubled to reach an all-time high of around $65,000 in April. The cryptocurrency currently last traded at around $34,000 per unit, which is more than 40% off that record level.\nMinerd had predicted“a major correction”in bitcoin prior to the latest plunge.\n“The real bottom, when you look at the technicals, $10,000 would be the real bottom. You know, that’s probably a little extreme. So I would say [$15,000],” said Minerd, global chief investment officer of Guggenheim Partners.\n“If it got to $20,000, I wouldn’t be in a hurry to buy it because when markets like this wash out, it … usually takes a couple of years of consolidation. So I don’t think people need to be anxious to be putting money in bitcoin right now,” he added.\nMinerd said the declines in bitcoin have come as central banks have started to ease the amount of money they inject into the economy. He added that the easing in money supply is not yet done — implying that the cryptocurrency has more room to fall.\nBut Minerd said he remains bullish about bitcoin over the long term as more institutional money flows into the cryptocurrency. Until that happens, bitcoin remains “a highly volatile speculative asset,” he added.\nThe investor hadpreviously shared his predictionthat bitcoin would eventually reach $400,000 to $600,000 per unit.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576629019645766","authorId":"3576629019645766","name":"Fanshuu","avatar":"https://static.tigerbbs.com/27c3506ac91aba524d8796fabd50c2f8","crmLevel":2,"crmLevelSwitch":0},"content":"Agreed! Everyone can predict anything without timeline","text":"Agreed! Everyone can predict anything without timeline","html":"Agreed! Everyone can predict anything without timeline"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129612807,"gmtCreate":1624370789209,"gmtModify":1703834721838,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"All the way down","listText":"All the way down","text":"All the way down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129612807","repostId":"1143470407","repostType":4,"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189024349,"gmtCreate":1623234824181,"gmtModify":1704198935087,"author":{"id":"3575416215572570","authorId":"3575416215572570","name":"WilliamTeo","avatar":"https://static.tigerbbs.com/665764fc5f5e89c64f2caa13df0fe1e3","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Up up","listText":"Up up","text":"Up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189024349","repostId":"1181136591","repostType":4,"repost":{"id":"1181136591","pubTimestamp":1623229921,"share":"https://www.laohu8.com/m/news/1181136591?lang=&edition=full","pubTime":"2021-06-09 17:12","market":"us","language":"en","title":"Apple: Why Shares Are Struggling","url":"https://stock-news.laohu8.com/highlight/detail?id=1181136591","media":"seekingalpha","summary":"Summary\n\nStock is down this year despite two massive earnings beats.\nHigh growth bar and rising taxe","content":"<p><b>Summary</b></p>\n<ul>\n <li>Stock is down this year despite two massive earnings beats.</li>\n <li>High growth bar and rising taxes may be the two biggest culprits.</li>\n <li>Shares need to break out of their technical range.</li>\n</ul>\n<p>We are just a few weeks away from the midpoint of 2021. If you had told someone that technology giant Apple (AAPL) would have reported two of the biggest earnings beats in corporate history so far this year and yet the stock would have significantly underperformed the NASDAQ Index, they might not have believed you. However, that's just where we are now, as the chart below shows how the stock has declined 5.1% through Monday despite the Index's nice gains. Today, I'd like to discuss why I believe shares are doing poorly at the moment, why these bearish points should be mostly discounted, and how Apple can get back to all-time highs.</p>\n<p><img src=\"https://static.tigerbbs.com/0c4a0333188c18d1f43e4e85b41523a6\" tg-width=\"640\" tg-height=\"272\">(<i>Source: Yahoo! Finance)</i></p>\n<p>The first thing I can point to as a reason for underperformance is actually outperformance. Apple shares over the past five years, prior to the start of this one, had gone from the mid $20s (dividend and split-adjusted) to roughly $132 a share. The stock was a big winner and thus expectations continued to go higher and higher. Some investors just weren't willing to bet on a company worth a bit more than $2 trillion, and a number of last year's winners have struggled so far this year, like Tesla (TSLA) and Amazon (AMZN).</p>\n<p>In my last Apple article, I discussed how the company was becominga victim of its own success. Because the two earnings reports so far this year were so great, the thought process has shifted to can Apple ever do any better? In this case, I'm not talking about strict dollar amounts, but growth percentages. Look at the chart below, showing how once we hit the December 2021 (fiscal Q1 2022) quarter, revenue growth rates are expected to crash down.</p>\n<p><img src=\"https://static.tigerbbs.com/2b61b66cfb83a8e7f307580dd6277be6\" tg-width=\"625\" tg-height=\"397\">(<i>Source: Seeking Alpha estimates page,seen here)</i></p>\n<p>I said previously that Apple bears would jump at the possibility of Apple announcing a revenue decline for the March 2022 fiscal quarter, even if it is due to the previous year being one of the best quarters we've ever seen. Fortunately, Apple's overall revenue trajectory remains strong, and I think management has a solid plan in place. Just like we saw with the iPad earlier this year, I think new storage options on this year's iPhones will allow for average selling price upside, offsetting some concerns of a supercycle sales slowdown.</p>\n<p>Also, despite Apple having a great start to the year, Macmarket share wasonly 8% in calendar Q1, so imagine how much more room there is to grow in the PC space. I'm not concerned with a revenue blip every now and then if the long-term trajectory is still for more records, which is what most expectations call for in the coming years.</p>\n<p>The second item I believe investors are a little worried about is the potential for rising taxes. The first part of this would obviously be higher taxes on the rich, especially capital gains taxes, that could limit investment in stocks. For Apple though, the issue would be higher corporate taxes, which obviously would impact the profit monster. For instance, the difference between an overall tax rate of 15% versus 18% for Apple in its fiscal 2022 year (based on current estimates) is roughly $3 billion in net income, or almost 20 cents in EPS. A nickel per quarter headwind makes it harder to impress investors, especially when you are coming off the best year in your history.</p>\n<p>In a similar manner, investors are likely concerned about the potential rise in interest rates and ending of easy money policies around the globe. Stocks have been pushed to new all-time highs as a result, but what happens when the Fed starts to taper and other central banks follow suit? Apple shares had run to a forward P/E valuation in the low to mid 30s, well above themid-teens figure it was at just a few years ago.</p>\n<p>But with the decline in shares from their highs and the rise in EPS estimates after two large beats, you are now paying about 24 times the next twelve months' expected EPS. That's not a terrible price to pay considering the total package, including the massive buyback, and theaverage analyst price targetrepresents more than $30 upside from current levels. Interestingly enough, rising interest rates are actually good further down the Apple income statement, as its $80 billion or so in net cash will generate a bit of extra interest.</p>\n<p>Right now, Apple shares are stuck in a trading range, as the chart below shows. The 50-day moving average (purple line) is forming resistance, while the 200-day (orange line) is forming support. The next major move can occur once Apple can get out of this channel, and investors are hoping it is to the upside, which could form the base to get the stock to new highs. If shares drop, the 50-day could cross below its longer-term counterpart, which would be the dreaded technical death cross.</p>\n<p><img src=\"https://static.tigerbbs.com/d1e9824e0460f9dd99f18e189ee0cff4\" tg-width=\"640\" tg-height=\"269\">(<i>Source: Yahoo! Finance)</i></p>\n<p>While Apple as a business has been firing on all cylinders lately, the same cannot be said for shares of the stock. After a massive multi-year rally, it seems that investors are worried about tough growth comparisons coming up, rising interest rates, and higher corporate taxes. While these fears are something to keep in mind, the valuation of the name has improved to a point where they should mostly be digested. Now, the stock just needs to break out of its recent trading range, and getting above the 50-day could be the catalyst to get the name going again.</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>Apple: Why Shares Are Struggling</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\">\nApple: Why Shares Are Struggling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433665-apple-why-shares-are-struggling><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nStock is down this year despite two massive earnings beats.\nHigh growth bar and rising taxes may be the two biggest culprits.\nShares need to break out of their technical range.\n\nWe are just a...</p>\n\n<a href=\"https://seekingalpha.com/article/4433665-apple-why-shares-are-struggling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4433665-apple-why-shares-are-struggling","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1181136591","content_text":"Summary\n\nStock is down this year despite two massive earnings beats.\nHigh growth bar and rising taxes may be the two biggest culprits.\nShares need to break out of their technical range.\n\nWe are just a few weeks away from the midpoint of 2021. If you had told someone that technology giant Apple (AAPL) would have reported two of the biggest earnings beats in corporate history so far this year and yet the stock would have significantly underperformed the NASDAQ Index, they might not have believed you. However, that's just where we are now, as the chart below shows how the stock has declined 5.1% through Monday despite the Index's nice gains. Today, I'd like to discuss why I believe shares are doing poorly at the moment, why these bearish points should be mostly discounted, and how Apple can get back to all-time highs.\n(Source: Yahoo! Finance)\nThe first thing I can point to as a reason for underperformance is actually outperformance. Apple shares over the past five years, prior to the start of this one, had gone from the mid $20s (dividend and split-adjusted) to roughly $132 a share. The stock was a big winner and thus expectations continued to go higher and higher. Some investors just weren't willing to bet on a company worth a bit more than $2 trillion, and a number of last year's winners have struggled so far this year, like Tesla (TSLA) and Amazon (AMZN).\nIn my last Apple article, I discussed how the company was becominga victim of its own success. Because the two earnings reports so far this year were so great, the thought process has shifted to can Apple ever do any better? In this case, I'm not talking about strict dollar amounts, but growth percentages. Look at the chart below, showing how once we hit the December 2021 (fiscal Q1 2022) quarter, revenue growth rates are expected to crash down.\n(Source: Seeking Alpha estimates page,seen here)\nI said previously that Apple bears would jump at the possibility of Apple announcing a revenue decline for the March 2022 fiscal quarter, even if it is due to the previous year being one of the best quarters we've ever seen. Fortunately, Apple's overall revenue trajectory remains strong, and I think management has a solid plan in place. Just like we saw with the iPad earlier this year, I think new storage options on this year's iPhones will allow for average selling price upside, offsetting some concerns of a supercycle sales slowdown.\nAlso, despite Apple having a great start to the year, Macmarket share wasonly 8% in calendar Q1, so imagine how much more room there is to grow in the PC space. I'm not concerned with a revenue blip every now and then if the long-term trajectory is still for more records, which is what most expectations call for in the coming years.\nThe second item I believe investors are a little worried about is the potential for rising taxes. The first part of this would obviously be higher taxes on the rich, especially capital gains taxes, that could limit investment in stocks. For Apple though, the issue would be higher corporate taxes, which obviously would impact the profit monster. For instance, the difference between an overall tax rate of 15% versus 18% for Apple in its fiscal 2022 year (based on current estimates) is roughly $3 billion in net income, or almost 20 cents in EPS. A nickel per quarter headwind makes it harder to impress investors, especially when you are coming off the best year in your history.\nIn a similar manner, investors are likely concerned about the potential rise in interest rates and ending of easy money policies around the globe. Stocks have been pushed to new all-time highs as a result, but what happens when the Fed starts to taper and other central banks follow suit? Apple shares had run to a forward P/E valuation in the low to mid 30s, well above themid-teens figure it was at just a few years ago.\nBut with the decline in shares from their highs and the rise in EPS estimates after two large beats, you are now paying about 24 times the next twelve months' expected EPS. That's not a terrible price to pay considering the total package, including the massive buyback, and theaverage analyst price targetrepresents more than $30 upside from current levels. Interestingly enough, rising interest rates are actually good further down the Apple income statement, as its $80 billion or so in net cash will generate a bit of extra interest.\nRight now, Apple shares are stuck in a trading range, as the chart below shows. The 50-day moving average (purple line) is forming resistance, while the 200-day (orange line) is forming support. The next major move can occur once Apple can get out of this channel, and investors are hoping it is to the upside, which could form the base to get the stock to new highs. If shares drop, the 50-day could cross below its longer-term counterpart, which would be the dreaded technical death cross.\n(Source: Yahoo! Finance)\nWhile Apple as a business has been firing on all cylinders lately, the same cannot be said for shares of the stock. After a massive multi-year rally, it seems that investors are worried about tough growth comparisons coming up, rising interest rates, and higher corporate taxes. While these fears are something to keep in mind, the valuation of the name has improved to a point where they should mostly be digested. Now, the stock just needs to break out of its recent trading range, and getting above the 50-day could be the catalyst to get the name going again.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}