卖狗为生 personal page - To The Moon

卖狗为生

卖狗为生

Profile：BBQ 了

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06-26

$Rivian Automotive, Inc.(RIVN)$ jump

2023-11-05

2023-05-02

2023-03-29

[LOL] [LOL] [Facepalm] But people still buying Tesla.

Tesla Stock - I Have Warned You

2023-03-14

$First Republic Bank(FRC)$ To the moon Now. Will it drop back after preorder?

2023-03-10

$Bed Bath & Beyond(BBBY)$ gg.com

2023-01-18

$COMFORTDELGRO CORPORATION LTD(C52.SI)$

2022-04-21

$RLX Technology(RLX)$So this the reason why it drop？

2022-04-19

$RLX Technology(RLX)$No offense to other investor thought. But I still think the e-cigarettes have a huge investment market..The question is when and how they collaboration with government tax and research of development new technologies of vape.. [Speechless] [Duh]

2022-03-04

$Grab Holdings(GRAB)$Many people eat theirwords.

2021-06-18

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Alibaba Stock: The Bottoming Process Looks To Be Forming Already

2021-06-17

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2021-06-17

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S&P 500 hovers near a record with Fed meeting looming, tech shares gain

2021-06-17

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Sorry, the original content has been removed

2021-06-17

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DoorDash Announces Partnership with PetSmart® Offering On-Demand Delivery of Pet Essentials

2021-06-16

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@hell9:$Tiger Brokers(TIGR)$loss ..pls up

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a> jump&nbsp;","listText":"<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a> jump&nbsp;","text":"$Rivian Automotive, Inc.(RIVN)$ 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people still buying Tesla.","listText":"[LOL]&nbsp;[LOL]&nbsp;[Facepalm]&nbsp;&nbsp;But people still buying Tesla.","text":"[LOL] [LOL] [Facepalm] But people still buying Tesla.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941123175","repostId":"1129951895","repostType":2,"repost":{"id":"1129951895","pubTimestamp":1680056088,"share":"https://www.laohu8.com/m/news/1129951895?lang=&edition=full","pubTime":"2023-03-29 10:14","market":"us","language":"en","title":"Tesla Stock - I Have Warned You","url":"https://stock-news.laohu8.com/highlight/detail?id=1129951895","media":"Seeking Alpha","summary":"SummaryTesla, Inc.'s prices for the most expensive models have been reduced.This is obviously a prob","content":"<html><head></head><body><h2>Summary</h2><ul><li>Tesla, Inc.&#39;s prices for the most expensive models have been reduced.</li><li>This is obviously a problem for the EV maker&#39;s profit margins.</li><li>A recession is near, and the EV market is not going through its best days.</li><li>Tesla stock is ridiculously overvalued.</li><li>I would not recommend to short sell Tesla stock, either.</li></ul><p><img src=\"https://static.tigerbbs.com/15402ca3ce706835733f8b286527cedb\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>jetcityimage</p><p><b>Tesla, Inc.</b>(NASDAQ:TSLA) stock has gained sincemy last article. Yet, the recent banking crisis and, most importantly, the fact the company was forced to decrease its Model S and Model X prices make me somewhat concerned. I mentioned inmy previous article that as a popular stock,Tesla might well risein value. However, the fundamentals were not there and are even worse now. But let me explain this later on.</p><h2>Tesla&#39;s news</h2><p>Let me first mention that Model S and Model X models are considered to beluxurious. In my view, electric vehicles generally are considered to be premium-class goods. Indeed, it is much cheaper to buy a used car powered on normal petrol than it is to buy an electric vehicle (&#34;EV&#34;). But Model S and Model X are more expensive than other cars produced by Tesla. The demand for such premiumgoods produced by Tesla is normally inelastic to price cuts. Let me explain.</p><p>Higher-income, environmentally cautious consumers that also like Elon Musk&#39;s brand are likely to be Tesla&#39;s potential customers. They want to buy a higher-class good and are not prevented from doing so even if the price of this good rises somewhat. But recently Tesla&#39;s management even had to decrease the prices of its higher-class cars<i>twice</i>. To me, this signals a substantial fall in demand. And the management is doing the best it can to somehow mitigate the situation.</p><p><img src=\"https://static.tigerbbs.com/dc37395688a1638838e425bc1117e759\" tg-width=\"565\" tg-height=\"298\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Oilprice.com</p><p>Please have a lookat the table above. Before January 12, Tesla&#39;s Model X Plaid used to cost $138,990. Now its price is only $109 990. This is Tesla&#39;s most expensive model, and the costs to produce it are also the highest of the whole product range. The prices for other models were also substantially cut.</p><p>Obviously, this means that Tesla&#39;s profit margins should fall even lower. The impact of these price cuts on<i>long-term</i>demand still remains to be seen.</p><p>Theinvestor&#39;s presentationalso signaled that Tesla did not provide specifics about the company&#39;s new models. There is nothing tragic about a<i>conservative</i>company not coming up with new products and outstanding innovations every year, indeed. But in order to compensate for this, it has to be a very stable cash cow to provide real value for its investors. Tesla, however, positions itself as a high-growth company but has not<i>recently</i>come up with any innovations. Instead, a lot has been said about the company&#39;s past achievements.</p><h2>The industries Tesla operates in</h2><p>I would rather agree with the thesis that the industries Tesla operates in, namely electric vehicles, energy storage, and artificial intelligence, all have a bright future. After all, the green energy trend is very popular in many countries. Climate-conscious consumers are all of Tesla&#39;s existing and potential customers. However, there are too many unknowns, in my opinion.</p><p>The whole electric vehicle market is facing fairly thin profit margins. But it is still quite strange to say that only Tesla would be the one to gain as soon as the whole sector manages to lower the costs and boost the revenues. I know many Tesla fans expect Elon Musk&#39;s company to become the next Apple (AAPL) in terms of profitability and cash reserves. They also say Tesla would maintain its leading market position and become a cash cow. But too many assumptions are made here.</p><p>A relatively small proportion of Tesla&#39;s business is indeed devoted to energy storage. Obviously, quite little revenue is generated by this. Although this business division has been showing excellent growth, the company reportedly postponed its solar roof installations. Moreover, in autumn 2022 one of its Megapack batteries caught fire at a power storage site in California.</p><p>As concerns Tesla&#39;s artificial intelligence technologies, the company is not monetizing these just yet. It has splendid projects to use AI to cut production costs, but these plans have not come true just yet. Moreover, artificial intelligence technologies are quite new and we cannot accurately predict just how profitable they may be for Tesla. Yet, the valuations take these mega-plans into account.</p><h2>Macroeconomic risks for Tesla stock</h2><p>The risks for Tesla stock are obvious, in my view, now when the banking system is not going through its best days. TSLA is a typical glamorous and overvalued stock. It is rising during fair days and is doing bad when the global economy is suffering. The Fed still predicts one more interest hike this year in spite of the whole banking turmoil. All investors, myself included, would not do well in that case. But particularly at risk are companies that are not very profitable. Also, stocks that are overvalued would not do particularly well. The most obvious example is that of TSLA stock. I will explain this in the next section of my article.</p><h2>Valuations</h2><p>Tesla&#39;s stock is still overvalued in spite of the fact it is trading sufficiently below its all-time highs.</p><p>Let&#39;s start with the company&#39;s price-to-earnings (P/E) ratio history.</p><p><img src=\"https://static.tigerbbs.com/cad2e820c78b04f89b43d3fdd949bf1d\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>Sure, compared to what it used to be before, TSLA stock seems to be excellent value for money. But a P/E of 53 is unreasonable, even for a high-tech company with a bright future.</p><p>The same is true of the company&#39;s price-to-free cash flow (P/CF) ratio.</p><p><img src=\"https://static.tigerbbs.com/0dacbf517cc9f522da89e3c5d66eaee2\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>The current P/FCF of 88 is extremely high, especially given the fact the company&#39;s cash position has improved.</p><p>To finish off my valuation analysis, let me also show you Tesla&#39;s price-to-book (P/B) ratio graph.</p><p><img src=\"https://static.tigerbbs.com/632086a60cde6f6501cd8eefe9a3cb58\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>Just a friendly reminder that a &#34;good&#34; P/B ratio should ideally be between 1 and 3. Tesla&#39;s is almost 14.</p><p>So, TSLA is extremely overvalued, especially if we assume a recession is near.</p><h2>Risks to my thesis</h2><ul><li>The first risk is the fact Tesla stock is very popular and many investors seek opportunities to add to their positions.</li><li>The Fed will start easing, thus preventing recession. This is obviously bullish for all companies, not just Tesla.</li><li>Tesla will become the &#34;next Apple&#34; in terms of debt, cash, profitability, and market size. However, it is still a risk to pay so much money for a company that is forced to substantially reduce its profit margins and is facing so much competition.</li><li>After all, the company&#39;s cash position has improved. The revolving credit facility has been extended and Tesla&#39;s credit rating is finally one notch above junk.</li><li>Tesla has some new technologies, including artificial intelligence and smart production innovations. I gave the company credit for these inmy previous article.</li></ul><h2>Conclusion</h2><p>Overall, Tesla, Inc. is being forced to cut its pricing even for the most luxurious models, which is quite a worrying sign. TSLA stock is overvalued. We might face a recession in the near future, which would mean even more downside for both Tesla&#39;s EV business and its stock price. At the same time, I would not short-sell TSLA stock, either, given Tesla&#39;s cash and debt improvements. So, overall, I remain cautiously bearish on TSLA stock.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock - I Have Warned You</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock - I Have Warned You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-29 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4590615-tesla-stock-i-have-warned-you><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla, Inc.'s prices for the most expensive models have been reduced.This is obviously a problem for the EV maker's profit margins.A recession is near, and the EV market is not going through ...</p>\n\n<a href=\"https://seekingalpha.com/article/4590615-tesla-stock-i-have-warned-you\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4590615-tesla-stock-i-have-warned-you","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1129951895","content_text":"SummaryTesla, Inc.'s prices for the most expensive models have been reduced.This is obviously a problem for the EV maker's profit margins.A recession is near, and the EV market is not going through its best days.Tesla stock is ridiculously overvalued.I would not recommend to short sell Tesla stock, either.jetcityimageTesla, Inc.(NASDAQ:TSLA) stock has gained sincemy last article. Yet, the recent banking crisis and, most importantly, the fact the company was forced to decrease its Model S and Model X prices make me somewhat concerned. I mentioned inmy previous article that as a popular stock,Tesla might well risein value. However, the fundamentals were not there and are even worse now. But let me explain this later on.Tesla's newsLet me first mention that Model S and Model X models are considered to beluxurious. In my view, electric vehicles generally are considered to be premium-class goods. Indeed, it is much cheaper to buy a used car powered on normal petrol than it is to buy an electric vehicle (\"EV\"). But Model S and Model X are more expensive than other cars produced by Tesla. The demand for such premiumgoods produced by Tesla is normally inelastic to price cuts. Let me explain.Higher-income, environmentally cautious consumers that also like Elon Musk's brand are likely to be Tesla's potential customers. They want to buy a higher-class good and are not prevented from doing so even if the price of this good rises somewhat. But recently Tesla's management even had to decrease the prices of its higher-class carstwice. To me, this signals a substantial fall in demand. And the management is doing the best it can to somehow mitigate the situation.Oilprice.comPlease have a lookat the table above. Before January 12, Tesla's Model X Plaid used to cost $138,990. Now its price is only $109 990. This is Tesla's most expensive model, and the costs to produce it are also the highest of the whole product range. The prices for other models were also substantially cut.Obviously, this means that Tesla's profit margins should fall even lower. The impact of these price cuts onlong-termdemand still remains to be seen.Theinvestor's presentationalso signaled that Tesla did not provide specifics about the company's new models. There is nothing tragic about aconservativecompany not coming up with new products and outstanding innovations every year, indeed. But in order to compensate for this, it has to be a very stable cash cow to provide real value for its investors. Tesla, however, positions itself as a high-growth company but has notrecentlycome up with any innovations. Instead, a lot has been said about the company's past achievements.The industries Tesla operates inI would rather agree with the thesis that the industries Tesla operates in, namely electric vehicles, energy storage, and artificial intelligence, all have a bright future. After all, the green energy trend is very popular in many countries. Climate-conscious consumers are all of Tesla's existing and potential customers. However, there are too many unknowns, in my opinion.The whole electric vehicle market is facing fairly thin profit margins. But it is still quite strange to say that only Tesla would be the one to gain as soon as the whole sector manages to lower the costs and boost the revenues. I know many Tesla fans expect Elon Musk's company to become the next Apple (AAPL) in terms of profitability and cash reserves. They also say Tesla would maintain its leading market position and become a cash cow. But too many assumptions are made here.A relatively small proportion of Tesla's business is indeed devoted to energy storage. Obviously, quite little revenue is generated by this. Although this business division has been showing excellent growth, the company reportedly postponed its solar roof installations. Moreover, in autumn 2022 one of its Megapack batteries caught fire at a power storage site in California.As concerns Tesla's artificial intelligence technologies, the company is not monetizing these just yet. It has splendid projects to use AI to cut production costs, but these plans have not come true just yet. Moreover, artificial intelligence technologies are quite new and we cannot accurately predict just how profitable they may be for Tesla. Yet, the valuations take these mega-plans into account.Macroeconomic risks for Tesla stockThe risks for Tesla stock are obvious, in my view, now when the banking system is not going through its best days. TSLA is a typical glamorous and overvalued stock. It is rising during fair days and is doing bad when the global economy is suffering. The Fed still predicts one more interest hike this year in spite of the whole banking turmoil. All investors, myself included, would not do well in that case. But particularly at risk are companies that are not very profitable. Also, stocks that are overvalued would not do particularly well. The most obvious example is that of TSLA stock. I will explain this in the next section of my article.ValuationsTesla's stock is still overvalued in spite of the fact it is trading sufficiently below its all-time highs.Let's start with the company's price-to-earnings (P/E) ratio history.Data byYChartsSure, compared to what it used to be before, TSLA stock seems to be excellent value for money. But a P/E of 53 is unreasonable, even for a high-tech company with a bright future.The same is true of the company's price-to-free cash flow (P/CF) ratio.Data byYChartsThe current P/FCF of 88 is extremely high, especially given the fact the company's cash position has improved.To finish off my valuation analysis, let me also show you Tesla's price-to-book (P/B) ratio graph.Data byYChartsJust a friendly reminder that a \"good\" P/B ratio should ideally be between 1 and 3. Tesla's is almost 14.So, TSLA is extremely overvalued, especially if we assume a recession is near.Risks to my thesisThe first risk is the fact Tesla stock is very popular and many investors seek opportunities to add to their positions.The Fed will start easing, thus preventing recession. This is obviously bullish for all companies, not just Tesla.Tesla will become the \"next Apple\" in terms of debt, cash, profitability, and market size. However, it is still a risk to pay so much money for a company that is forced to substantially reduce its profit margins and is facing so much competition.After all, the company's cash position has improved. The revolving credit facility has been extended and Tesla's credit rating is finally one notch above junk.Tesla has some new technologies, including artificial intelligence and smart production innovations. I gave the company credit for these inmy previous article.ConclusionOverall, Tesla, Inc. is being forced to cut its pricing even for the most luxurious models, which is quite a worrying sign. TSLA stock is overvalued. We might face a recession in the near future, which would mean even more downside for both Tesla's EV business and its stock price. At the same time, I would not short-sell TSLA stock, either, given Tesla's cash and debt improvements. So, overall, I remain cautiously bearish on TSLA stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949574987,"gmtCreate":1678793211250,"gmtModify":1678793214291,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FRC\">$First Republic Bank(FRC)$&nbsp;</a>To the moon Now. Will it drop back after preorder?","listText":"<a href=\"https://ttm.financial/S/FRC\">$First Republic Bank(FRC)$&nbsp;</a>To the moon Now. Will it drop back after preorder?","text":"$First Republic Bank(FRC)$ To the moon Now. Will it drop back after preorder?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949574987","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949322485,"gmtCreate":1678378781347,"gmtModify":1678378794479,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BBBY\">$Bed Bath &amp; Beyond(BBBY)$&nbsp;</a>gg.com","listText":"<a href=\"https://ttm.financial/S/BBBY\">$Bed Bath &amp; Beyond(BBBY)$&nbsp;</a>gg.com","text":"$Bed Bath & Beyond(BBBY)$ gg.com","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949322485","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956222826,"gmtCreate":1674023155765,"gmtModify":1676538917278,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C52.SI\">$COMFORTDELGRO CORPORATION LTD(C52.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/C52.SI\">$COMFORTDELGRO CORPORATION LTD(C52.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$COMFORTDELGRO CORPORATION LTD(C52.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956222826","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082694104,"gmtCreate":1650556134750,"gmtModify":1676534751525,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>So this the reason why it drop？","listText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>So this the reason why it drop？","text":"$RLX Technology(RLX)$So this the reason why it drop？","images":[{"img":"https://community-static.tradeup.com/news/8f1e51b7dd885a04e052a471ceaaee0e","width":"1170","height":"2532"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082694104","isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9088277266,"gmtCreate":1650357079723,"gmtModify":1676534704274,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>No offense to other investor thought. But I still think the e-cigarettes have a huge investment market..The question is when and how they collaboration with government&nbsp;tax and research of development&nbsp;new technologies of vape..&nbsp;[Speechless]&nbsp;[Duh]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>No offense to other investor thought. But I still think the e-cigarettes have a huge investment market..The question is when and how they collaboration with government&nbsp;tax and research of development&nbsp;new technologies of vape..&nbsp;[Speechless]&nbsp;[Duh]&nbsp;&nbsp;","text":"$RLX Technology(RLX)$No offense to other investor thought. But I still think the e-cigarettes have a huge investment market..The question is when and how they collaboration with government tax and research of development new technologies of vape.. [Speechless] [Duh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088277266","isVote":1,"tweetType":1,"viewCount":1036,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031903719,"gmtCreate":1646404459853,"gmtModify":1676534126163,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>Many people eat theirwords.","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>Many people eat theirwords.","text":"$Grab Holdings(GRAB)$Many people eat theirwords.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031903719","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166809617,"gmtCreate":1623999648939,"gmtModify":1703826175660,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166809617","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","pubTimestamp":1623978463,"share":"https://www.laohu8.com/m/news/1175693382?lang=&edition=full","pubTime":"2021-06-18 09:07","market":"hk","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</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\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163388970,"gmtCreate":1623859795390,"gmtModify":1703821792219,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163388970","repostId":"2143278740","repostType":4,"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163383411,"gmtCreate":1623859781733,"gmtModify":1703821790591,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163383411","repostId":"1167257883","repostType":4,"repost":{"id":"1167257883","pubTimestamp":1623677550,"share":"https://www.laohu8.com/m/news/1167257883?lang=&edition=full","pubTime":"2021-06-14 21:32","market":"us","language":"en","title":"S&P 500 hovers near a record with Fed meeting looming, tech shares gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1167257883","media":"cnbc","summary":"The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level h","content":"<div>\n<p>The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level heading into a week with a key Federal Reserve meeting.\nThe broad equity benchmark traded near the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.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>S&P 500 hovers near a record with Fed meeting looming, tech shares gain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 hovers near a record with Fed meeting looming, tech shares gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level heading into a week with a key Federal Reserve meeting.\nThe broad equity benchmark traded near the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1167257883","content_text":"The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level heading into a week with a key Federal Reserve meeting.\nThe broad equity benchmark traded near the flatline after closing at a record high in the previous session. The Dow Jones Industrial Average slipped 45 points. The Nasdaq Composite gained 0.1%.\nInvestors are giving growth and tech stocks another chance as bond yields come down. The 10-year Treasury went below 1.43% on Friday, a three-month low. Cathie Wood’s Ark Innovation, an ETF that focuses on disruptive technology,returned about 6% last week.\nBoosting cryptocurrency sentiment, Tesla CEO Elon Musk on Sundaysaid the company will resume bitcointransactions once it confirms there is reasonable clean energy usage by miners. Bitcoinrecovered back above$40,000 on the news.\nTesla, also a big holder of bitcoin, gained about 1%. Other key tech stocks Nvidia and Zoom also rose.\nThe Fed’s two-day policy meeting will likelydominate investor behavior this week. Although the central bank is not expected to take any action, its forecasts for interest rates, inflation and the economy could move the markets. The Fed could possibly move up its forecast for a rate hike after saying in its last quarterly update that it would keep its benchmark rate near zero through 2023,the Wall Street Journal reportedon Monday.\nFed Chairman Jerome Powell speaks to the press after the central bank issues its statement Wednesday and traders will be parsing his comments for any clues as to when the Fed could start to end its aggressive monthly asset purchases, especially given recenthotter-than-expected inflation readings.\n“Considering the recent outsized inflation reports, the Federal Reserve’s meeting this week will be scrutinized for any telltale sign the Fed’s timetable for either raising the Funds Rate or tapering QE is being moved forward,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.\n“Any evidence suggesting monetary tightening is being moved forward will likely bring volatility to the stock market,” added Paulsen.\nU.S. stocks ended last week with a record closing high for the S&P 500 and the beginning of a rotation back into growth names.\nLast week, the 30-stock Dow Jones Industrial Average fell 0.8%, but the S&P 500 rose 0.4%, for its third straight positive week. The Nasdaq Composite was the outperformer with a gain of nearly 1.9%, posting its fourth winning week in a row as the tech trade came back into favor.\n“Because the S&P 500 Index reached yet another new record high last week, investors will be watching to see if this signals even higher levels near term,” said Paulsen.\nMeme stocks also garnered attention last week. AMC Entertainment, Clover Health Investments, GameStop and more experienced volatile trading as the group continued to get attention from the social media investors on Reddit.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163389230,"gmtCreate":1623859766620,"gmtModify":1703821788949,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163389230","repostId":"2143787712","repostType":4,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163380225,"gmtCreate":1623859752667,"gmtModify":1703821787480,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163380225","repostId":"2143787080","repostType":4,"repost":{"id":"2143787080","pubTimestamp":1623678240,"share":"https://www.laohu8.com/m/news/2143787080?lang=&edition=full","pubTime":"2021-06-14 21:44","market":"us","language":"en","title":"DoorDash Announces Partnership with PetSmart® Offering On-Demand Delivery of Pet Essentials","url":"https://stock-news.laohu8.com/highlight/detail?id=2143787080","media":"PR Newswire","summary":"Customers nationwide can now access same-day delivery of pet supplies through DoorDash\nSAN FRANCISCO","content":"<div>\n<p>Customers nationwide can now access same-day delivery of pet supplies through DoorDash\nSAN FRANCISCO, June 14, 2021 /PRNewswire/ -- DoorDash (NYSE: DASH), the nation's leading last-mile logistics ...</p>\n\n<a href=\"https://finance.yahoo.com/news/doordash-announces-partnership-petsmart-offering-130000428.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DoorDash Announces Partnership with PetSmart® Offering On-Demand Delivery of Pet Essentials</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\">\nDoorDash Announces Partnership with PetSmart® Offering On-Demand Delivery of Pet Essentials\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 21:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/doordash-announces-partnership-petsmart-offering-130000428.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Customers nationwide can now access same-day delivery of pet supplies through DoorDash\nSAN FRANCISCO, June 14, 2021 /PRNewswire/ -- DoorDash (NYSE: DASH), the nation's leading last-mile logistics ...</p>\n\n<a href=\"https://finance.yahoo.com/news/doordash-announces-partnership-petsmart-offering-130000428.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://finance.yahoo.com/news/doordash-announces-partnership-petsmart-offering-130000428.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143787080","content_text":"Customers nationwide can now access same-day delivery of pet supplies through DoorDash\nSAN FRANCISCO, June 14, 2021 /PRNewswire/ -- DoorDash (NYSE: DASH), the nation's leading last-mile logistics platform, announced today a partnership with leading pet specialty retailer PetSmart to facilitate on-demand delivery of pet supplies and accessories across nearly 1,500 PetSmart locations nationwide. Customers can now order pet products for on-demand delivery through the DoorDash app or website in addition to the Petsmart.com website for same-day delivery powered exclusively through DoorDash Drive, DoorDash's white-label fulfillment platform that powers direct delivery for any business.\n\nDoorDash will offer more than 11,000 items from PetSmart including pet food, toys and treats, habitats and supplements, and more. Pet parents can now shop for everything they need for the lifetime care of their pets in a convenient and accessible way through the DoorDash app.\n\"As we continue to accelerate our entry into new categories to meet consumers' adapting on-demand needs, we are thrilled by the opportunity to continue to work with PetSmart to provide pet owners with all the animal essentials they need conveniently and reliably right on the DoorDash app,\" said Christopher Payne, President at DoorDash.\n\"At PetSmart we understand our customers' needs are always evolving,\" said Will Smith, Senior Vice President and Chief Marketing Officer at PetSmart. \"We're delighted to partner with DoorDash to provide pet parents with access to the essentials they need, right when they need them.\"\nDoorDash partner and NASCAR driver Bubba Wallace and his dog Asher star in the new DoorDash multi-platform marketing campaign to celebrate the launch of the partnership with PetSmart. \"Asher the Dasher\"–a high-energy TV, digital, social, campaign–will launch with a :30 TV spot  featuring Bubba Wallace and Asher airing today with additional video content running across social and digital.\n\"As a new pet parent, I am so excited to see DoorDash partner with PetSmart to make same-day delivery of pet supplies a reality,\" said Bubba Wallace. \"Whether Asher is with me on the road or at home, the fact that I can now order him all his favorite treats and essentials and get them delivered on-demand is a gamechanger.\"\nPetSmart is available on DashPass, DoorDash's membership program that offers members unlimited $0 delivery fees and reduced service fees from thousands of restaurants, grocery, and convenience stores nationwide. DashPass members can enjoy these benefits on all eligible orders from PetSmart.\n\"Asher the Dasher\" was created in partnership with Bokeh, a SF-based creative agency tasked with bringing the campaign to life. The campaign was directed by Paul Trillo and produced by Greg Speck with Monica Lo as Creative Director.\nAbout DoorDash\nDoorDash is a technology company that connects consumers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada, and Australia. Founded in 2013, DoorDash enables local businesses to address consumers' expectations of ease and immediacy and thrive in today's convenience economy. By building the last-mile logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time.\nAbout PetSmart\nPetSmart LLC is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. At PetSmart, we love pets, and we believe pets make us better people. Every day with every connection, PetSmart's passionate associates help bring pet parents closer to their pets so they, together, can live more fulfilled lives. This vision impacts everything we do for our customers, the way we support our associates and how we give back to our communities.\nPetSmart operates approximately 1,650 pet stores in the United States, Canada and Puerto Rico, as well as more than 200 in-store PetSmart PetsHotel® dog and cat boarding facilities. The retailer provides a broad range of competitively priced pet food and products, as well as services such as dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp™ and pet adoption.\nPetSmart, PetSmart Charities® and PetSmart Charities® of Canada work with nearly 4,000 animal welfare organizations to bring adoptable pets into stores so they have the best chance possible of finding a forever home. Through this in-store adoption program and other signature events, PetSmart has facilitated more than 9 million adoptions, more than any other brick-and-mortar organization.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160886493,"gmtCreate":1623780130912,"gmtModify":1703819308202,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160886493","repostId":"160888848","repostType":1,"repost":{"id":160888848,"gmtCreate":1623780020984,"gmtModify":1703819306741,"author":{"id":"3584351715781064","authorId":"3584351715781064","name":"hell9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>loss ..pls up","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>loss ..pls up","text":"$Tiger Brokers(TIGR)$loss ..pls up","images":[{"img":"https://static.tigerbbs.com/828f00807fa7d24401c07dd75c17e377","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160888848","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9088277266,"gmtCreate":1650357079723,"gmtModify":1676534704274,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>No offense to other investor thought. But I still think the e-cigarettes have a huge investment market..The question is when and how they collaboration with government&nbsp;tax and research of development&nbsp;new technologies of vape..&nbsp;[Speechless]&nbsp;[Duh]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>No offense to other investor thought. But I still think the e-cigarettes have a huge investment market..The question is when and how they collaboration with government&nbsp;tax and research of development&nbsp;new technologies of vape..&nbsp;[Speechless]&nbsp;[Duh]&nbsp;&nbsp;","text":"$RLX Technology(RLX)$No offense to other investor thought. But I still think the e-cigarettes have a huge investment market..The question is when and how they collaboration with government tax and research of development new technologies of vape.. [Speechless] [Duh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088277266","isVote":1,"tweetType":1,"viewCount":1036,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082694104,"gmtCreate":1650556134750,"gmtModify":1676534751525,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>So this the reason why it drop？","listText":"<a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$</a>So this the reason why it drop？","text":"$RLX Technology(RLX)$So this the reason why it drop？","images":[{"img":"https://community-static.tradeup.com/news/8f1e51b7dd885a04e052a471ceaaee0e","width":"1170","height":"2532"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082694104","isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9031903719,"gmtCreate":1646404459853,"gmtModify":1676534126163,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>Many people eat theirwords.","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>Many people eat theirwords.","text":"$Grab Holdings(GRAB)$Many people eat theirwords.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031903719","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949574987,"gmtCreate":1678793211250,"gmtModify":1678793214291,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FRC\">$First Republic Bank(FRC)$&nbsp;</a>To the moon Now. Will it drop back after preorder?","listText":"<a href=\"https://ttm.financial/S/FRC\">$First Republic Bank(FRC)$&nbsp;</a>To the moon Now. Will it drop back after preorder?","text":"$First Republic Bank(FRC)$ To the moon Now. Will it drop back after preorder?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949574987","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941123175,"gmtCreate":1680065232297,"gmtModify":1680065235691,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[LOL]&nbsp;[LOL]&nbsp;[Facepalm]&nbsp;&nbsp;But people still buying Tesla.","listText":"[LOL]&nbsp;[LOL]&nbsp;[Facepalm]&nbsp;&nbsp;But people still buying Tesla.","text":"[LOL] [LOL] [Facepalm] But people still buying Tesla.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941123175","repostId":"1129951895","repostType":2,"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956222826,"gmtCreate":1674023155765,"gmtModify":1676538917278,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C52.SI\">$COMFORTDELGRO CORPORATION LTD(C52.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/C52.SI\">$COMFORTDELGRO CORPORATION LTD(C52.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$COMFORTDELGRO CORPORATION LTD(C52.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956222826","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166809617,"gmtCreate":1623999648939,"gmtModify":1703826175660,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166809617","repostId":"1175693382","repostType":4,"isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163388970,"gmtCreate":1623859795390,"gmtModify":1703821792219,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163388970","repostId":"2143278740","repostType":4,"repost":{"id":"2143278740","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":1623676887,"share":"https://www.laohu8.com/m/news/2143278740?lang=&edition=full","pubTime":"2021-06-14 21:21","market":"fut","language":"en","title":"Baltic index hits one-month high on stronger rates across vessels","url":"https://stock-news.laohu8.com/highlight/detail?id=2143278740","media":"Reuters","summary":"June 14 (Reuters) - The Baltic exchange's main sea freight index rose for the fourth straight sessio","content":"<p>June 14 (Reuters) - The Baltic exchange's main sea freight index rose for the fourth straight session on Monday to its highest in a month, supported by higher rates across vessel segments.</p>\n<p>* The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 87 points, or 3%, to a peak since May 13 at 2,944.</p>\n<p>* The capesize index rose by 197 points, or 5.9%, to 3,543.</p>\n<p>* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, rose by $1,631 to $29,383.</p>\n<p>* The panamax index gained 41 points, or 1.2%, to 3,343, a peak since September 2010.</p>\n<p>* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, went up by $369 to $30,087.</p>\n<p>* The supramax index rose 32 points to 2,624, the highest as per Refinitiv Eikon data available since 2017.</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>Baltic index hits one-month high on stronger rates across vessels</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{ 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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\">\nBaltic index hits one-month high on stronger rates across vessels\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\">2021-06-14 21:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 14 (Reuters) - The Baltic exchange's main sea freight index rose for the fourth straight session on Monday to its highest in a month, supported by higher rates across vessel segments.</p>\n<p>* The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 87 points, or 3%, to a peak since May 13 at 2,944.</p>\n<p>* The capesize index rose by 197 points, or 5.9%, to 3,543.</p>\n<p>* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, rose by $1,631 to $29,383.</p>\n<p>* The panamax index gained 41 points, or 1.2%, to 3,343, a peak since September 2010.</p>\n<p>* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, went up by $369 to $30,087.</p>\n<p>* The supramax index rose 32 points to 2,624, the highest as per Refinitiv Eikon data available since 2017.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143278740","content_text":"June 14 (Reuters) - The Baltic exchange's main sea freight index rose for the fourth straight session on Monday to its highest in a month, supported by higher rates across vessel segments.\n* The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 87 points, or 3%, to a peak since May 13 at 2,944.\n* The capesize index rose by 197 points, or 5.9%, to 3,543.\n* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, rose by $1,631 to $29,383.\n* The panamax index gained 41 points, or 1.2%, to 3,343, a peak since September 2010.\n* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, went up by $369 to $30,087.\n* The supramax index rose 32 points to 2,624, the highest as per Refinitiv Eikon data available since 2017.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163383411,"gmtCreate":1623859781733,"gmtModify":1703821790591,"author":{"id":"3575806637721070","authorId":"3575806637721070","name":"卖狗为生","avatar":"https://community-static.tradeup.com/news/240ff45aef1d4b2b2b4858e540e3cea9","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163383411","repostId":"1167257883","repostType":4,"repost":{"id":"1167257883","pubTimestamp":1623677550,"share":"https://www.laohu8.com/m/news/1167257883?lang=&edition=full","pubTime":"2021-06-14 21:32","market":"us","language":"en","title":"S&P 500 hovers near a record with Fed meeting looming, tech shares gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1167257883","media":"cnbc","summary":"The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level h","content":"<div>\n<p>The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level heading into a week with a key Federal Reserve meeting.\nThe broad equity benchmark traded near the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.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>S&P 500 hovers near a record with Fed meeting looming, tech shares gain</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\">\nS&P 500 hovers near a record with Fed meeting looming, tech shares gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level heading into a week with a key Federal Reserve meeting.\nThe broad equity benchmark traded near the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/13/us-stock-futures-are-flat-with-the-sp-500-at-a-record-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1167257883","content_text":"The S&P 500 held steady near a record on Monday as investors digested the benchmark’s record level heading into a week with a key Federal Reserve meeting.\nThe broad equity benchmark traded near the flatline after closing at a record high in the previous session. The Dow Jones Industrial Average slipped 45 points. The Nasdaq Composite gained 0.1%.\nInvestors are giving growth and tech stocks another chance as bond yields come down. The 10-year Treasury went below 1.43% on Friday, a three-month low. Cathie Wood’s Ark Innovation, an ETF that focuses on disruptive technology,returned about 6% last week.\nBoosting cryptocurrency sentiment, Tesla CEO Elon Musk on Sundaysaid the company will resume bitcointransactions once it confirms there is reasonable clean energy usage by miners. Bitcoinrecovered back above$40,000 on the news.\nTesla, also a big holder of bitcoin, gained about 1%. Other key tech stocks Nvidia and Zoom also rose.\nThe Fed’s two-day policy meeting will likelydominate investor behavior this week. Although the central bank is not expected to take any action, its forecasts for interest rates, inflation and the economy could move the markets. The Fed could possibly move up its forecast for a rate hike after saying in its last quarterly update that it would keep its benchmark rate near zero through 2023,the Wall Street Journal reportedon Monday.\nFed Chairman Jerome Powell speaks to the press after the central bank issues its statement Wednesday and traders will be parsing his comments for any clues as to when the Fed could start to end its aggressive monthly asset purchases, especially given recenthotter-than-expected inflation readings.\n“Considering the recent outsized inflation reports, the Federal Reserve’s meeting this week will be scrutinized for any telltale sign the Fed’s timetable for either raising the Funds Rate or tapering QE is being moved forward,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.\n“Any evidence suggesting monetary tightening is being moved forward will likely bring volatility to the stock market,” added Paulsen.\nU.S. stocks ended last week with a record closing high for the S&P 500 and the beginning of a rotation back into growth names.\nLast week, the 30-stock Dow Jones Industrial Average fell 0.8%, but the S&P 500 rose 0.4%, for its third straight positive week. The Nasdaq Composite was the outperformer with a gain of nearly 1.9%, posting its fourth winning week in a row as the tech trade came back into favor.\n“Because the S&P 500 Index reached yet another new record high last week, investors will be watching to see if this signals even higher levels near term,” said Paulsen.\nMeme stocks also garnered attention last week. 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