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2021-05-01

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Fed's Kaplan sees financial market 'excesses,' eyes QE taper

2021-05-01

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Fed's Kaplan sees financial market 'excesses,' eyes QE taper

2021-05-01

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Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.

2021-05-01

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2021-04-30

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Alibaba: The End Hasn't Come

2021-04-30

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Alibaba: The End Hasn't Come

2021-04-30

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Apple's Earnings Smasher: No Room For Bearishness

2021-04-30

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These 2 Stocks Could Send the Market to New Records on Friday

2021-04-30

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2021-04-30

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Forget Dogecoin -- These Stocks Could Go to the Moon

2021-04-30

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2021-04-30

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Kraft Heinz Q1 Adj. EPS $0.72 Beats $0.59 Estimate, Sales $6.39B Beat $6.24B Estimate; Reaffirms Guidance

2021-04-30

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2021-04-30

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Twitter fell more than 11% in premarket trading

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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\">2021-04-30 23:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial markets and said he now believes the economy will meet the benchmarks the central bank set out for trimming its bond buying sooner than he had anticipated.</p>\n<p>\"We are now at a point where I'm observing excesses and imbalances in financial markets,\" Kaplan told the Montgomery Area Chamber of Commerce, pointing to the elevated stock market, credit spreads, and a \"historically\" robust housing market. \"I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting those purchases,\" referring to the Fed's $120 billion in monthly bond buys known as quantitative easing, or QE.</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":"1155857726","content_text":"Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial markets and said he now believes the economy will meet the benchmarks the central bank set out for trimming its bond buying sooner than he had anticipated.\n\"We are now at a point where I'm observing excesses and imbalances in financial markets,\" Kaplan told the Montgomery Area Chamber of Commerce, pointing to the elevated stock market, credit spreads, and a \"historically\" robust housing market. \"I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting those purchases,\" referring to the Fed's $120 billion in monthly bond buys known as quantitative easing, or QE.","news_type":1},"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101377763,"gmtCreate":1619853287152,"gmtModify":1704335782707,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101377763","repostId":"1155857726","repostType":4,"repost":{"id":"1155857726","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, 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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\">\nFed's Kaplan sees financial market 'excesses,' eyes QE taper\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\">2021-04-30 23:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial markets and said he now believes the economy will meet the benchmarks the central bank set out for trimming its bond buying sooner than he had anticipated.</p>\n<p>\"We are now at a point where I'm observing excesses and imbalances in financial markets,\" Kaplan told the Montgomery Area Chamber of Commerce, pointing to the elevated stock market, credit spreads, and a \"historically\" robust housing market. \"I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting those purchases,\" referring to the Fed's $120 billion in monthly bond buys known as quantitative easing, or QE.</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":"1155857726","content_text":"Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial markets and said he now believes the economy will meet the benchmarks the central bank set out for trimming its bond buying sooner than he had anticipated.\n\"We are now at a point where I'm observing excesses and imbalances in financial markets,\" Kaplan told the Montgomery Area Chamber of Commerce, pointing to the elevated stock market, credit spreads, and a \"historically\" robust housing market. \"I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting those purchases,\" referring to the Fed's $120 billion in monthly bond buys known as quantitative easing, or QE.","news_type":1},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101377240,"gmtCreate":1619853256280,"gmtModify":1704335781879,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/101377240","repostId":"1142063705","repostType":4,"repost":{"id":"1142063705","kind":"news","pubTimestamp":1619796118,"share":"https://ttm.financial/m/news/1142063705?lang=&edition=fundamental","pubTime":"2021-04-30 23:21","market":"us","language":"en","title":"Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142063705","media":"CNBC","summary":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t","content":"<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.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>Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.</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\">\nEurope's antitrust crackdown on Apple hints at what's coming for the company in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142063705","content_text":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.\nBut when the EU competition policy chief Margrethe Vestagerannounced Friday a preliminary findingthatApplehas abused its dominant power in the distribution of streaming music apps, the U.S. finally seems poised to move in a similar direction.\n“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t think they should have to pay anything for that,” by choosing to object to its 15-30% commission on in-app payments for streaming apps.\nApple isn’t currently facing any antitrust charges from government officials in the U.S. and such a lawsuit may never materialize, though the Department of Justice wasreportedly granted oversight of the company’s competitive practices in 2019. But even if the government declines to press charges, recent actions in Congress, state legislatures and in private lawsuits demonstrate a significant shift in the American public’s sentiment toward Apple and the tech industry at large.\nWhen the commissionslapped its first record competition fineagainstGooglein 2017, it wasn’t yet clear that the U.S. might be ready to move on from its once-cozy relationship with its booming tech industry. But in 2018, on the heels of the revelations of howFacebookuser data was used by analytics company Cambridge Analytica during the 2016 election, and increasing questions about how tech platforms can impact American democracy, that seemed to change.\nNow, as Europe continues to move forward with its probe into Apple, the U.S. no longer seems to be so far behind.\nHere’s where Apple stands to face risk of antitrust action or regulation in the U.S.:\nDOJ\nThe DOJ has already moved forward with a massive lawsuit against Google, so it could take some time if it decides to ramp up a probe into Apple. Though the DOJ’s Antitrust Division took on oversight authority of Apple in a 2019 agreement with the FTC, according to aWall Street Journal report, the Google investigation has seemed to take priority.\nStill, then-Attorney General Bill Barr announced later that year that the DOJ wouldconduct a broad antitrust review of Big Tech companies.\nAny action from the DOJ or state enforcers would take the form of a settlement or lawsuit, which would put Apple’s fate in the hands of the courts.\nPrivate lawsuits\nApple’s most immediate challenge in the U.S. has come from private companies bringing antitrust charges against its business in court.\nThe most notable of these lawsuits isfrom Fortnite-maker Epic Games, which is set to begin its trial on Monday. Epic filed its lawsuit with a PR blitz afterchallenging Apple’s in-app payment feeby advertising in its app an alternative, cheaper way to buy character outfits from Epic directly, violating Apple’s rules. That prompted Apple to remove Fortnite from its App Store. Epic filed the suit shortly after and Applefiled counterclaimsagainst Epic for allegedly breaching its contract.\n“Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple said in a filing with the District Court for the Northern District of California in September.\nCongress\nJust last week,several app-makers testified before the Senate Judiciary subcommittee on antitrust about the alleged anti-competitive harms they’ve facedfrom restrictions on both Apple and Google’s app stores.\nRepresentatives from Apple and Google told lawmakers they simply charge for the technology and the work they put into running the app stores, which have significantly lowered distribution costs for app developers over the years.\nBut witnesses from Tinder-ownerMatch Group, item-tracking device-maker Tile and Spotify painted a different picture.\n“We’re all afraid,” Match Group chief legal officer Jared Sine testified of the platforms’ broad power over their businesses.\nThe witnesses discussed the seemingly arbitrary nature by which Apple allegedly enforces its App Store rules. Spotify’s legal chief claimed Apple has threatened retaliation on numerous occasions and Tile’s top lawyer said Apple denied access to a key feature that wouldimprove their object-tracking product, before utilizing it for Apple’s own rival gadget,called AirTag.\nTile said that while Apple now makes the feature available for third-party developers to incorporate, accessing it would mean handing over a significant amount of data and control to Apple. Apple’s representative said its product is different from Tile’s and opening the feature in question will encourage further competition in the space.\nSenators at the hearing seemed receptive to the app developers’ complaints, which build on earlier claims made before House lawmakers. The House Judiciary subcommittee on antitrust found in a more than year-long probe thatAmazon, Apple, Facebook and Googleall hold monopoly power, and lawmakers are currently crafting bills to enable stronger antitrust enforcement of digital markets.\nState Legislatures\nSeveral state legislatures have beenconsidering bills that would require platforms like Apple and Google to allow app-makers to use their own payment processing systems. While the bills have so far hadvarying degrees of successin the early stages of lawmaking, passage in one state could raise a host of questions about how it should be enforced given the ambiguous nature of digital borders.\nThe bills have been supported by the Coalition for App Fairness, a group of companies that have complained about app store fees, including Epic Games, Match Group and Spotify.\nApple has often argued that it maintains features like payments within its own ecosystem in order to protect consumers and secure their data, though app developers and lawmakers have expressed skepticism about that reasoning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101377806,"gmtCreate":1619853244005,"gmtModify":1704335781381,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101377806","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103202684,"gmtCreate":1619783775648,"gmtModify":1704272301820,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103202684","repostId":"1170805005","repostType":2,"repost":{"id":"1170805005","kind":"news","pubTimestamp":1619181499,"share":"https://ttm.financial/m/news/1170805005?lang=&edition=fundamental","pubTime":"2021-04-23 20:38","market":"us","language":"en","title":"Alibaba: The End Hasn't Come","url":"https://stock-news.laohu8.com/highlight/detail?id=1170805005","media":"seekingalpha","summary":"Alibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.None of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.Alibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.Alibabahas widely underperformed the broad market and most of its tech peers over the last six months, mainly due t","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.</li>\n <li>None of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.</li>\n <li>Alibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9e22edb23ea75da683065efacc8a826\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Andrew Burton/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Alibaba(NYSE:BABA)has widely underperformed the broad market and most of its tech peers over the last six months, mainly due to worries about regulatory pressures, anti-trust legalization, etc. Most of those issues have been resolved now, and it looks like Alibaba's value wasn't really damaged to a large degree. Alibaba remains a leading tech &amp; consumer play in high-growth China that continues to trade at a clear discount compared to most US-based tech peers. There are risks, but Alibaba seems attractive at current prices.</p>\n<p><b>Hundreds Of Billions Destroyed</b></p>\n<p>Looking at Alibaba's market capitalization over the last year, there is a very clear decline in how the market values the company over time:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b2945ae7abd07b0f49f495052b1d48c\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>From a peak in fall 2020, Alibaba's market cap has declined by 25% or a little more than $200 billion to date. The reasoning for that is not based on any type of fundamental slow-down, revenue decline, or similar, showcased by Alibaba's excellent results during the most recent quarters:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eeea73c74f3890fadff9c321d70fdd47\" tg-width=\"1280\" tg-height=\"960\"><span>Source: Investor presentation</span></p>\n<p>Not only has Alibaba continued to deliver revenue growth of well above 30% since then, but the company also continued to make progress in attractive high-growth spaces such as cloud computing. Alibaba's cloud unit broke even for the first time since inception as its scale is increasing, which bodes well for the future bottom-line contribution of this unit. Last but not least, Alibaba's free cash flow generation remained strong, and its margins remained attractive.</p>\n<p>Thus the big drop in the value the market ascribes to Alibaba's shares must have been caused by something else, which is market sentiment and psychology. Some negative news around Ant Financial's postponed IPO made the market fear looming regulatory pressures on Alibaba. This was exacerbated by anti-trust and anti-monopoly investigations. These were, of course, negatives, but not to the extent that the market priced them in.</p>\n<p>Looking at Alibaba's market capitalization, which declined by more than $200 billion over the last six months, one could assume that regulators would look to impose a fine of dozens or even hundreds of billions of dollars on Alibaba. That was, however, not the outcome of the investigations.</p>\n<p><b>Things Are Clearing Up For Alibaba</b></p>\n<p>Instead, Chinese regulators gave a slap on the wrist, seeking a$2.75 billion finefrom Alibaba. That sounds like a lot, but it really isn't all that much when we consider Alibaba's immense size:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9777ed30a0bc29e8fdcd0373fe98e366\" tg-width=\"640\" tg-height=\"160\"><span>Source: Alibaba filing</span></p>\n<p>Alibaba generated cash of $15.8 billion through its operations during the most recent quarter, or a little over $5 billion a month. The fine that was imposed on the company thus is equal to about two weeks' worth of cash flows. Is that a positive? No, it's a negative. Is it a large negative? In fact, it seems barely noticeable compared to Alibaba's size. We can also look at how this fine compares to Alibaba's cash holding of more than $50 billion, and, once again, we are talking about a very minor fine relative to how the company is doing. What could be a company-breaking fine for any mid-sized business will barely leave a dent in Alibaba's cash holding, and with this issue being resolved now, it is no wonder that&nbsp;shares have jumped&nbsp;following the ruling.</p>\n<p>The other theme that had pressured Alibaba's shares, Ant Financial's regulatory issues, has more or less been resolved as well. Ant Financial will be&nbsp;turned into a financial holding company, there will be some additional oversight, and there were some forced divestments. But this didn't break Ant Financial at all, and it seems questionable whether the hit to Alibaba's value was really all that material, as Alibaba is only a minority holder in Ant Financial anyways.</p>\n<p>Again, these developments that occurred over the last six months aren't positives, but they are not extremely large negatives. A $200+ billion drop in Alibaba's market capitalization seemed way overblown. The good thing about market overreactions, however, is that one can use them to get attractive entry prices (in case markets are overreacting to the downside) or attractive exit prices (in cases where markets are too exuberant).</p>\n<p>In Alibaba's case, the best time to load up on shares was when they traded for around $220 several times over the last six months. They have risen to a somewhat higher level since then, partially due to the market's realization that the $2.75 billion fine wasn't all that material, but Alibaba's shares are still looking quite inexpensive even now.</p>\n<p><b>Alibaba Is An Outstanding Value Among Tech Mega-Caps</b></p>\n<p>Looking at the largest companies in the world, by market capitalization, we see that most of them are tech companies, or at least tech-leaning, such as Tesla (TSLA). Alibaba stands out among those due to a quite low valuation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35e905980ec6f35fdbb0069b2386e4dd\" tg-width=\"635\" tg-height=\"521\"><span>Data by YCharts</span></p>\n<p>While others trade at 30-40 times net earnings mostly, with Amazon (AMZN) and especially Tesla trading at even higher valuations, Alibaba is valued at a very inexpensive 21 times forward earnings. This also represents a discount compared to broad US equity markets, which are trading for around 25 times forward earnings right now - at least partially due to the heavy weight of companies such as Apple (AAPL), Amazon, and Tesla.</p>\n<p>One may be inclined to conclude that Alibaba is trading at the lowest valuation among those companies due to a below-average growth outlook or below-average fundamentals, but that isn't true.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/059736c2aa39c317943026b469331d00\" tg-width=\"635\" tg-height=\"504\"><span>Data by YCharts</span></p>\n<p>While the other mega-caps have grown by 5%-40% in 2020, with an average of around 20%, Alibaba has delivered revenue growth of 35%-50% in each&nbsp;quarter of the current fiscal year. Clearly, Alibaba is growing faster than the average mega-cap, and most analysts expect that this will not change any time soon.</p>\n<p>Thanks to exposure to the high-growth, online-focused consumer market in its home country China, combined with excellent growth in additional franchises such as its cloud computing unit, Alibaba should be able to deliver compelling growth for the foreseeable future. Alibaba is an excellent play for the ongoing expansion of the Chinese economy, which just delivered&nbsp;record growth&nbsp;on a year-over-year basis.</p>\n<p>With a clean balance sheet thanks to a $50+ billion cash position, strong free cash flows, and attractive margins, Alibaba also seems like a very appropriate choice from a quality perspective. To me, the company doesn't look inferior to the major US tech companies on that basis.</p>\n<p><b>Risks To Consider</b></p>\n<p>There are, of course, still risks that one should consider before investing. It is possible that regulators demand more change from Alibaba, or impose additional fines, although that seems relatively unlikely for now as the current anti-monopoly investigation has just been concluded. Nevertheless, Alibaba is of course dependent to some degree on the goodwill of Chinese regulators and politicians.</p>\n<p>On top of that, due to a consumer-focused business model, Alibaba would seem quite vulnerable to any external shock that hits Chinese consumers hard. Since the country has weathered the current pandemic quite well and continues to deliver above-average economic growth rates, I don't think this is a likely scenario in the foreseeable future, though.</p>\n<p>I don't see Alibaba as an especially risky investment at all, but these factors should still be considered before making an investment, as should other potential risks that could affect the company. One should mention, however, that the top US companies are also, at least to some extent, dependent on regulatory goodwill and could see an impact from an economic downturn, thus Alibaba is not necessarily a much riskier choice than Facebook, for example.</p>\n<p><b>Takeaway</b></p>\n<p>Alibaba is a high-growth player with a strong market position in a country that continues to deliver above-average economic growth. Alibaba has strong fundamentals, and yet it trades at a quite inexpensive valuation, both on an absolute basis as well as compared to how other mega-caps are valued.</p>\n<p>Alibaba isn't a risk-less stock, but the risks seem quite bearable to me. At just 17 times 2022's net earnings, Alibaba looks attractive to me. Since the Ant Financial and anti-monopoly issues have cleared up, I believe that Alibaba's shares could rise considerably from the current level, as sentiment hopefully improves. It would be great to see management encourage such an upward move by being more aggressive with share repurchases, but there is no guarantee for that.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: The End Hasn't Come</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: The End Hasn't Come\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 20:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.\nNone of them seems to be too material, though, and the fear that has ...</p>\n\n<a href=\"https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170805005","content_text":"Summary\n\nAlibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.\nNone of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.\nAlibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.\n\nPhoto by Andrew Burton/Getty Images News via Getty Images\nArticle Thesis\nAlibaba(NYSE:BABA)has widely underperformed the broad market and most of its tech peers over the last six months, mainly due to worries about regulatory pressures, anti-trust legalization, etc. Most of those issues have been resolved now, and it looks like Alibaba's value wasn't really damaged to a large degree. Alibaba remains a leading tech & consumer play in high-growth China that continues to trade at a clear discount compared to most US-based tech peers. There are risks, but Alibaba seems attractive at current prices.\nHundreds Of Billions Destroyed\nLooking at Alibaba's market capitalization over the last year, there is a very clear decline in how the market values the company over time:\nData by YCharts\nFrom a peak in fall 2020, Alibaba's market cap has declined by 25% or a little more than $200 billion to date. The reasoning for that is not based on any type of fundamental slow-down, revenue decline, or similar, showcased by Alibaba's excellent results during the most recent quarters:\nSource: Investor presentation\nNot only has Alibaba continued to deliver revenue growth of well above 30% since then, but the company also continued to make progress in attractive high-growth spaces such as cloud computing. Alibaba's cloud unit broke even for the first time since inception as its scale is increasing, which bodes well for the future bottom-line contribution of this unit. Last but not least, Alibaba's free cash flow generation remained strong, and its margins remained attractive.\nThus the big drop in the value the market ascribes to Alibaba's shares must have been caused by something else, which is market sentiment and psychology. Some negative news around Ant Financial's postponed IPO made the market fear looming regulatory pressures on Alibaba. This was exacerbated by anti-trust and anti-monopoly investigations. These were, of course, negatives, but not to the extent that the market priced them in.\nLooking at Alibaba's market capitalization, which declined by more than $200 billion over the last six months, one could assume that regulators would look to impose a fine of dozens or even hundreds of billions of dollars on Alibaba. That was, however, not the outcome of the investigations.\nThings Are Clearing Up For Alibaba\nInstead, Chinese regulators gave a slap on the wrist, seeking a$2.75 billion finefrom Alibaba. That sounds like a lot, but it really isn't all that much when we consider Alibaba's immense size:\nSource: Alibaba filing\nAlibaba generated cash of $15.8 billion through its operations during the most recent quarter, or a little over $5 billion a month. The fine that was imposed on the company thus is equal to about two weeks' worth of cash flows. Is that a positive? No, it's a negative. Is it a large negative? In fact, it seems barely noticeable compared to Alibaba's size. We can also look at how this fine compares to Alibaba's cash holding of more than $50 billion, and, once again, we are talking about a very minor fine relative to how the company is doing. What could be a company-breaking fine for any mid-sized business will barely leave a dent in Alibaba's cash holding, and with this issue being resolved now, it is no wonder that shares have jumped following the ruling.\nThe other theme that had pressured Alibaba's shares, Ant Financial's regulatory issues, has more or less been resolved as well. Ant Financial will be turned into a financial holding company, there will be some additional oversight, and there were some forced divestments. But this didn't break Ant Financial at all, and it seems questionable whether the hit to Alibaba's value was really all that material, as Alibaba is only a minority holder in Ant Financial anyways.\nAgain, these developments that occurred over the last six months aren't positives, but they are not extremely large negatives. A $200+ billion drop in Alibaba's market capitalization seemed way overblown. The good thing about market overreactions, however, is that one can use them to get attractive entry prices (in case markets are overreacting to the downside) or attractive exit prices (in cases where markets are too exuberant).\nIn Alibaba's case, the best time to load up on shares was when they traded for around $220 several times over the last six months. They have risen to a somewhat higher level since then, partially due to the market's realization that the $2.75 billion fine wasn't all that material, but Alibaba's shares are still looking quite inexpensive even now.\nAlibaba Is An Outstanding Value Among Tech Mega-Caps\nLooking at the largest companies in the world, by market capitalization, we see that most of them are tech companies, or at least tech-leaning, such as Tesla (TSLA). Alibaba stands out among those due to a quite low valuation:\nData by YCharts\nWhile others trade at 30-40 times net earnings mostly, with Amazon (AMZN) and especially Tesla trading at even higher valuations, Alibaba is valued at a very inexpensive 21 times forward earnings. This also represents a discount compared to broad US equity markets, which are trading for around 25 times forward earnings right now - at least partially due to the heavy weight of companies such as Apple (AAPL), Amazon, and Tesla.\nOne may be inclined to conclude that Alibaba is trading at the lowest valuation among those companies due to a below-average growth outlook or below-average fundamentals, but that isn't true.\nData by YCharts\nWhile the other mega-caps have grown by 5%-40% in 2020, with an average of around 20%, Alibaba has delivered revenue growth of 35%-50% in each quarter of the current fiscal year. Clearly, Alibaba is growing faster than the average mega-cap, and most analysts expect that this will not change any time soon.\nThanks to exposure to the high-growth, online-focused consumer market in its home country China, combined with excellent growth in additional franchises such as its cloud computing unit, Alibaba should be able to deliver compelling growth for the foreseeable future. Alibaba is an excellent play for the ongoing expansion of the Chinese economy, which just delivered record growth on a year-over-year basis.\nWith a clean balance sheet thanks to a $50+ billion cash position, strong free cash flows, and attractive margins, Alibaba also seems like a very appropriate choice from a quality perspective. To me, the company doesn't look inferior to the major US tech companies on that basis.\nRisks To Consider\nThere are, of course, still risks that one should consider before investing. It is possible that regulators demand more change from Alibaba, or impose additional fines, although that seems relatively unlikely for now as the current anti-monopoly investigation has just been concluded. Nevertheless, Alibaba is of course dependent to some degree on the goodwill of Chinese regulators and politicians.\nOn top of that, due to a consumer-focused business model, Alibaba would seem quite vulnerable to any external shock that hits Chinese consumers hard. Since the country has weathered the current pandemic quite well and continues to deliver above-average economic growth rates, I don't think this is a likely scenario in the foreseeable future, though.\nI don't see Alibaba as an especially risky investment at all, but these factors should still be considered before making an investment, as should other potential risks that could affect the company. One should mention, however, that the top US companies are also, at least to some extent, dependent on regulatory goodwill and could see an impact from an economic downturn, thus Alibaba is not necessarily a much riskier choice than Facebook, for example.\nTakeaway\nAlibaba is a high-growth player with a strong market position in a country that continues to deliver above-average economic growth. Alibaba has strong fundamentals, and yet it trades at a quite inexpensive valuation, both on an absolute basis as well as compared to how other mega-caps are valued.\nAlibaba isn't a risk-less stock, but the risks seem quite bearable to me. At just 17 times 2022's net earnings, Alibaba looks attractive to me. Since the Ant Financial and anti-monopoly issues have cleared up, I believe that Alibaba's shares could rise considerably from the current level, as sentiment hopefully improves. It would be great to see management encourage such an upward move by being more aggressive with share repurchases, but there is no guarantee for that.","news_type":1},"isVote":1,"tweetType":1,"viewCount":640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103202384,"gmtCreate":1619783762348,"gmtModify":1704272300828,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks&nbsp;","listText":"Comment and like thanks&nbsp;","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103202384","repostId":"1170805005","repostType":2,"repost":{"id":"1170805005","kind":"news","pubTimestamp":1619181499,"share":"https://ttm.financial/m/news/1170805005?lang=&edition=fundamental","pubTime":"2021-04-23 20:38","market":"us","language":"en","title":"Alibaba: The End Hasn't Come","url":"https://stock-news.laohu8.com/highlight/detail?id=1170805005","media":"seekingalpha","summary":"Alibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.None of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.Alibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.Alibabahas widely underperformed the broad market and most of its tech peers over the last six months, mainly due t","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.</li>\n <li>None of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.</li>\n <li>Alibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9e22edb23ea75da683065efacc8a826\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Andrew Burton/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Alibaba(NYSE:BABA)has widely underperformed the broad market and most of its tech peers over the last six months, mainly due to worries about regulatory pressures, anti-trust legalization, etc. Most of those issues have been resolved now, and it looks like Alibaba's value wasn't really damaged to a large degree. Alibaba remains a leading tech &amp; consumer play in high-growth China that continues to trade at a clear discount compared to most US-based tech peers. There are risks, but Alibaba seems attractive at current prices.</p>\n<p><b>Hundreds Of Billions Destroyed</b></p>\n<p>Looking at Alibaba's market capitalization over the last year, there is a very clear decline in how the market values the company over time:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b2945ae7abd07b0f49f495052b1d48c\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>From a peak in fall 2020, Alibaba's market cap has declined by 25% or a little more than $200 billion to date. The reasoning for that is not based on any type of fundamental slow-down, revenue decline, or similar, showcased by Alibaba's excellent results during the most recent quarters:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eeea73c74f3890fadff9c321d70fdd47\" tg-width=\"1280\" tg-height=\"960\"><span>Source: Investor presentation</span></p>\n<p>Not only has Alibaba continued to deliver revenue growth of well above 30% since then, but the company also continued to make progress in attractive high-growth spaces such as cloud computing. Alibaba's cloud unit broke even for the first time since inception as its scale is increasing, which bodes well for the future bottom-line contribution of this unit. Last but not least, Alibaba's free cash flow generation remained strong, and its margins remained attractive.</p>\n<p>Thus the big drop in the value the market ascribes to Alibaba's shares must have been caused by something else, which is market sentiment and psychology. Some negative news around Ant Financial's postponed IPO made the market fear looming regulatory pressures on Alibaba. This was exacerbated by anti-trust and anti-monopoly investigations. These were, of course, negatives, but not to the extent that the market priced them in.</p>\n<p>Looking at Alibaba's market capitalization, which declined by more than $200 billion over the last six months, one could assume that regulators would look to impose a fine of dozens or even hundreds of billions of dollars on Alibaba. That was, however, not the outcome of the investigations.</p>\n<p><b>Things Are Clearing Up For Alibaba</b></p>\n<p>Instead, Chinese regulators gave a slap on the wrist, seeking a$2.75 billion finefrom Alibaba. That sounds like a lot, but it really isn't all that much when we consider Alibaba's immense size:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9777ed30a0bc29e8fdcd0373fe98e366\" tg-width=\"640\" tg-height=\"160\"><span>Source: Alibaba filing</span></p>\n<p>Alibaba generated cash of $15.8 billion through its operations during the most recent quarter, or a little over $5 billion a month. The fine that was imposed on the company thus is equal to about two weeks' worth of cash flows. Is that a positive? No, it's a negative. Is it a large negative? In fact, it seems barely noticeable compared to Alibaba's size. We can also look at how this fine compares to Alibaba's cash holding of more than $50 billion, and, once again, we are talking about a very minor fine relative to how the company is doing. What could be a company-breaking fine for any mid-sized business will barely leave a dent in Alibaba's cash holding, and with this issue being resolved now, it is no wonder that&nbsp;shares have jumped&nbsp;following the ruling.</p>\n<p>The other theme that had pressured Alibaba's shares, Ant Financial's regulatory issues, has more or less been resolved as well. Ant Financial will be&nbsp;turned into a financial holding company, there will be some additional oversight, and there were some forced divestments. But this didn't break Ant Financial at all, and it seems questionable whether the hit to Alibaba's value was really all that material, as Alibaba is only a minority holder in Ant Financial anyways.</p>\n<p>Again, these developments that occurred over the last six months aren't positives, but they are not extremely large negatives. A $200+ billion drop in Alibaba's market capitalization seemed way overblown. The good thing about market overreactions, however, is that one can use them to get attractive entry prices (in case markets are overreacting to the downside) or attractive exit prices (in cases where markets are too exuberant).</p>\n<p>In Alibaba's case, the best time to load up on shares was when they traded for around $220 several times over the last six months. They have risen to a somewhat higher level since then, partially due to the market's realization that the $2.75 billion fine wasn't all that material, but Alibaba's shares are still looking quite inexpensive even now.</p>\n<p><b>Alibaba Is An Outstanding Value Among Tech Mega-Caps</b></p>\n<p>Looking at the largest companies in the world, by market capitalization, we see that most of them are tech companies, or at least tech-leaning, such as Tesla (TSLA). Alibaba stands out among those due to a quite low valuation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35e905980ec6f35fdbb0069b2386e4dd\" tg-width=\"635\" tg-height=\"521\"><span>Data by YCharts</span></p>\n<p>While others trade at 30-40 times net earnings mostly, with Amazon (AMZN) and especially Tesla trading at even higher valuations, Alibaba is valued at a very inexpensive 21 times forward earnings. This also represents a discount compared to broad US equity markets, which are trading for around 25 times forward earnings right now - at least partially due to the heavy weight of companies such as Apple (AAPL), Amazon, and Tesla.</p>\n<p>One may be inclined to conclude that Alibaba is trading at the lowest valuation among those companies due to a below-average growth outlook or below-average fundamentals, but that isn't true.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/059736c2aa39c317943026b469331d00\" tg-width=\"635\" tg-height=\"504\"><span>Data by YCharts</span></p>\n<p>While the other mega-caps have grown by 5%-40% in 2020, with an average of around 20%, Alibaba has delivered revenue growth of 35%-50% in each&nbsp;quarter of the current fiscal year. Clearly, Alibaba is growing faster than the average mega-cap, and most analysts expect that this will not change any time soon.</p>\n<p>Thanks to exposure to the high-growth, online-focused consumer market in its home country China, combined with excellent growth in additional franchises such as its cloud computing unit, Alibaba should be able to deliver compelling growth for the foreseeable future. Alibaba is an excellent play for the ongoing expansion of the Chinese economy, which just delivered&nbsp;record growth&nbsp;on a year-over-year basis.</p>\n<p>With a clean balance sheet thanks to a $50+ billion cash position, strong free cash flows, and attractive margins, Alibaba also seems like a very appropriate choice from a quality perspective. To me, the company doesn't look inferior to the major US tech companies on that basis.</p>\n<p><b>Risks To Consider</b></p>\n<p>There are, of course, still risks that one should consider before investing. It is possible that regulators demand more change from Alibaba, or impose additional fines, although that seems relatively unlikely for now as the current anti-monopoly investigation has just been concluded. Nevertheless, Alibaba is of course dependent to some degree on the goodwill of Chinese regulators and politicians.</p>\n<p>On top of that, due to a consumer-focused business model, Alibaba would seem quite vulnerable to any external shock that hits Chinese consumers hard. Since the country has weathered the current pandemic quite well and continues to deliver above-average economic growth rates, I don't think this is a likely scenario in the foreseeable future, though.</p>\n<p>I don't see Alibaba as an especially risky investment at all, but these factors should still be considered before making an investment, as should other potential risks that could affect the company. One should mention, however, that the top US companies are also, at least to some extent, dependent on regulatory goodwill and could see an impact from an economic downturn, thus Alibaba is not necessarily a much riskier choice than Facebook, for example.</p>\n<p><b>Takeaway</b></p>\n<p>Alibaba is a high-growth player with a strong market position in a country that continues to deliver above-average economic growth. Alibaba has strong fundamentals, and yet it trades at a quite inexpensive valuation, both on an absolute basis as well as compared to how other mega-caps are valued.</p>\n<p>Alibaba isn't a risk-less stock, but the risks seem quite bearable to me. At just 17 times 2022's net earnings, Alibaba looks attractive to me. Since the Ant Financial and anti-monopoly issues have cleared up, I believe that Alibaba's shares could rise considerably from the current level, as sentiment hopefully improves. It would be great to see management encourage such an upward move by being more aggressive with share repurchases, but there is no guarantee for that.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: The End Hasn't Come</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: The End Hasn't Come\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 20:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.\nNone of them seems to be too material, though, and the fear that has ...</p>\n\n<a href=\"https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170805005","content_text":"Summary\n\nAlibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.\nNone of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.\nAlibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.\n\nPhoto by Andrew Burton/Getty Images News via Getty Images\nArticle Thesis\nAlibaba(NYSE:BABA)has widely underperformed the broad market and most of its tech peers over the last six months, mainly due to worries about regulatory pressures, anti-trust legalization, etc. Most of those issues have been resolved now, and it looks like Alibaba's value wasn't really damaged to a large degree. Alibaba remains a leading tech & consumer play in high-growth China that continues to trade at a clear discount compared to most US-based tech peers. There are risks, but Alibaba seems attractive at current prices.\nHundreds Of Billions Destroyed\nLooking at Alibaba's market capitalization over the last year, there is a very clear decline in how the market values the company over time:\nData by YCharts\nFrom a peak in fall 2020, Alibaba's market cap has declined by 25% or a little more than $200 billion to date. The reasoning for that is not based on any type of fundamental slow-down, revenue decline, or similar, showcased by Alibaba's excellent results during the most recent quarters:\nSource: Investor presentation\nNot only has Alibaba continued to deliver revenue growth of well above 30% since then, but the company also continued to make progress in attractive high-growth spaces such as cloud computing. Alibaba's cloud unit broke even for the first time since inception as its scale is increasing, which bodes well for the future bottom-line contribution of this unit. Last but not least, Alibaba's free cash flow generation remained strong, and its margins remained attractive.\nThus the big drop in the value the market ascribes to Alibaba's shares must have been caused by something else, which is market sentiment and psychology. Some negative news around Ant Financial's postponed IPO made the market fear looming regulatory pressures on Alibaba. This was exacerbated by anti-trust and anti-monopoly investigations. These were, of course, negatives, but not to the extent that the market priced them in.\nLooking at Alibaba's market capitalization, which declined by more than $200 billion over the last six months, one could assume that regulators would look to impose a fine of dozens or even hundreds of billions of dollars on Alibaba. That was, however, not the outcome of the investigations.\nThings Are Clearing Up For Alibaba\nInstead, Chinese regulators gave a slap on the wrist, seeking a$2.75 billion finefrom Alibaba. That sounds like a lot, but it really isn't all that much when we consider Alibaba's immense size:\nSource: Alibaba filing\nAlibaba generated cash of $15.8 billion through its operations during the most recent quarter, or a little over $5 billion a month. The fine that was imposed on the company thus is equal to about two weeks' worth of cash flows. Is that a positive? No, it's a negative. Is it a large negative? In fact, it seems barely noticeable compared to Alibaba's size. We can also look at how this fine compares to Alibaba's cash holding of more than $50 billion, and, once again, we are talking about a very minor fine relative to how the company is doing. What could be a company-breaking fine for any mid-sized business will barely leave a dent in Alibaba's cash holding, and with this issue being resolved now, it is no wonder that shares have jumped following the ruling.\nThe other theme that had pressured Alibaba's shares, Ant Financial's regulatory issues, has more or less been resolved as well. Ant Financial will be turned into a financial holding company, there will be some additional oversight, and there were some forced divestments. But this didn't break Ant Financial at all, and it seems questionable whether the hit to Alibaba's value was really all that material, as Alibaba is only a minority holder in Ant Financial anyways.\nAgain, these developments that occurred over the last six months aren't positives, but they are not extremely large negatives. A $200+ billion drop in Alibaba's market capitalization seemed way overblown. The good thing about market overreactions, however, is that one can use them to get attractive entry prices (in case markets are overreacting to the downside) or attractive exit prices (in cases where markets are too exuberant).\nIn Alibaba's case, the best time to load up on shares was when they traded for around $220 several times over the last six months. They have risen to a somewhat higher level since then, partially due to the market's realization that the $2.75 billion fine wasn't all that material, but Alibaba's shares are still looking quite inexpensive even now.\nAlibaba Is An Outstanding Value Among Tech Mega-Caps\nLooking at the largest companies in the world, by market capitalization, we see that most of them are tech companies, or at least tech-leaning, such as Tesla (TSLA). Alibaba stands out among those due to a quite low valuation:\nData by YCharts\nWhile others trade at 30-40 times net earnings mostly, with Amazon (AMZN) and especially Tesla trading at even higher valuations, Alibaba is valued at a very inexpensive 21 times forward earnings. This also represents a discount compared to broad US equity markets, which are trading for around 25 times forward earnings right now - at least partially due to the heavy weight of companies such as Apple (AAPL), Amazon, and Tesla.\nOne may be inclined to conclude that Alibaba is trading at the lowest valuation among those companies due to a below-average growth outlook or below-average fundamentals, but that isn't true.\nData by YCharts\nWhile the other mega-caps have grown by 5%-40% in 2020, with an average of around 20%, Alibaba has delivered revenue growth of 35%-50% in each quarter of the current fiscal year. Clearly, Alibaba is growing faster than the average mega-cap, and most analysts expect that this will not change any time soon.\nThanks to exposure to the high-growth, online-focused consumer market in its home country China, combined with excellent growth in additional franchises such as its cloud computing unit, Alibaba should be able to deliver compelling growth for the foreseeable future. Alibaba is an excellent play for the ongoing expansion of the Chinese economy, which just delivered record growth on a year-over-year basis.\nWith a clean balance sheet thanks to a $50+ billion cash position, strong free cash flows, and attractive margins, Alibaba also seems like a very appropriate choice from a quality perspective. To me, the company doesn't look inferior to the major US tech companies on that basis.\nRisks To Consider\nThere are, of course, still risks that one should consider before investing. It is possible that regulators demand more change from Alibaba, or impose additional fines, although that seems relatively unlikely for now as the current anti-monopoly investigation has just been concluded. Nevertheless, Alibaba is of course dependent to some degree on the goodwill of Chinese regulators and politicians.\nOn top of that, due to a consumer-focused business model, Alibaba would seem quite vulnerable to any external shock that hits Chinese consumers hard. Since the country has weathered the current pandemic quite well and continues to deliver above-average economic growth rates, I don't think this is a likely scenario in the foreseeable future, though.\nI don't see Alibaba as an especially risky investment at all, but these factors should still be considered before making an investment, as should other potential risks that could affect the company. One should mention, however, that the top US companies are also, at least to some extent, dependent on regulatory goodwill and could see an impact from an economic downturn, thus Alibaba is not necessarily a much riskier choice than Facebook, for example.\nTakeaway\nAlibaba is a high-growth player with a strong market position in a country that continues to deliver above-average economic growth. Alibaba has strong fundamentals, and yet it trades at a quite inexpensive valuation, both on an absolute basis as well as compared to how other mega-caps are valued.\nAlibaba isn't a risk-less stock, but the risks seem quite bearable to me. At just 17 times 2022's net earnings, Alibaba looks attractive to me. Since the Ant Financial and anti-monopoly issues have cleared up, I believe that Alibaba's shares could rise considerably from the current level, as sentiment hopefully improves. It would be great to see management encourage such an upward move by being more aggressive with share repurchases, but there is no guarantee for that.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103202955,"gmtCreate":1619783738977,"gmtModify":1704272300666,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103202955","repostId":"1198510299","repostType":2,"repost":{"id":"1198510299","kind":"news","pubTimestamp":1619686706,"share":"https://ttm.financial/m/news/1198510299?lang=&edition=fundamental","pubTime":"2021-04-29 16:58","market":"us","language":"en","title":"Apple's Earnings Smasher: No Room For Bearishness","url":"https://stock-news.laohu8.com/highlight/detail?id=1198510299","media":"seekingalpha","summary":"Apple delivered flawless fiscal second quarter results across its product portfolio and geographical segments.The earnings smasher was further enabled by easy comps and lingering stay-at-home tailwinds.Apple is approaching all-time highs. But, due to substantially higher 2021 projected EPS, I estimate that P/E has dipped to pre-pandemic levels.iPhone growth of 66%, supported primarily by the strong performance of the Pro and Pro Max models;iPad growth of 79%, which compares favorably to Microsof","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple delivered flawless fiscal second quarter results across its product portfolio and geographical segments.</li>\n <li>The earnings smasher was further enabled by easy comps and lingering stay-at-home tailwinds.</li>\n <li>Apple is approaching all-time highs. But, due to substantially higher 2021 projected EPS, I estimate that P/E has dipped to pre-pandemic levels.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/92d2bfb46715d165b9ab77302c6961b7\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Drew Angerer/Getty Images News via Getty Images</span></p>\n<p>In&nbsp;my earnings preview, I sounded skeptical that Apple (AAPL) could see its stock climb solely on the back of above consensus fiscal second quarter results. In my view, the bar was set high enough. Bullishness would most likely be triggered, if at all, by (1) reinstatement of guidance and/or (2) lavish cash return to shareholders, in the form of higher dividends or share repurchases.</p>\n<p>Yes, Apple provided partial guidance for fiscal third quarter, and both the dividend and buyback programs were boosted. But what impressed the most, in my opinion, was the extent of&nbsp;Apple's Q2 beat.</p>\n<p>The company's performance bordered \"unbelievable,\" as Morgan Stanley's analyst pointed out during the conference call. With a historic earnings smasher, Apple made sure to leave no room for post-earnings bearishness.</p>\n<p><b>Earnings crusher</b></p>\n<p>Analyzing Apple's results was relatively easy this time. Virtually all metrics climbed substantially YOY – from total company and per-segment revenues to margins, earnings and cash flow. There was virtually no bad news to speak of.</p>\n<p>Below are the highlights of Apple's results, delivered on April 28. To the best of my knowledge, none of the figures below are typos, as much as they might seem to be.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ca500cb00a59b1562e20ea213f11050\" tg-width=\"595\" tg-height=\"189\"><span>Source: DM Martins Research, data from company report</span></p>\n<ul>\n <li><b>iPhone</b>&nbsp;growth of 66%, supported primarily by the strong performance of the Pro and Pro Max models;</li>\n <li><b>iPad</b>&nbsp;growth of 79%, which compares favorably to Microsoft's (MSFT) 12% increase in Surface revenues and the broad industry's&nbsp;projected&nbsp;double-digit decline in tablet unit sales in first calendar quarter;</li>\n <li><b>Mac</b>&nbsp;growth of 70%, a result of (1) a strong lineup of M1-equipped devices and (2) stay-at-home trends still playing a crucial role in global markets, particularly Europe;</li>\n <li><b>Services</b>&nbsp;growth of 27% that, contrary to popular belief, accelerated compared to pre-pandemic levels;</li>\n <li><b>Greater China</b>&nbsp;growth of 87%, due in part to the country being ahead in the COVID-19 cycle, definitely turning this market from a 2015-2020 loser into a winner over the past six months;</li>\n <li><b>Gross margin</b>&nbsp;expansion of over four percentage points due to cost savings and favorable mix;</li>\n <li><b>Op margin</b>&nbsp;expansion of more than eight percentage points due to gross margin increase and gains of scale.</li>\n</ul>\n<p>To be fair, a few one-off factors may have helped to turn an otherwise strong second quarter into a record-shattering one. The odd timing in the launch of the iPhone 12 in 2020 created a revenue gap in the holiday period that is still being smoothed out today. Also, COVID-19 has lasted longer than some may have wished in parts of the world, extending the stay-at-home tailwinds.</p>\n<p><b>Stock is cheap again</b></p>\n<p>With impressive results under the belt, Apple climbed modestly after the closing bell. Between the regular and after-hours trading sessions, the stock gained about 1.5%, pushing shares closer to their all-time high of $143.</p>\n<p>Despite the small earnings day gains, Apple exits this season a more affordable stock. The math is fairly simple:</p>\n<ol>\n <li>The monstrous 42-cent Q2 EPS beat alone should push fiscal 2021 consensus higher, to $4.87;</li>\n <li>Guidance for Q3 was incomplete, but I conservatively estimate that it points at another 20-cent gap to consensus, at least. Both quarters combined add up to new fiscal 2021 EPS expectations of about $5.10.</li>\n</ol>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e4cd98b9d528f253ba92a277e6dab5f\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>Apple's after-hours share price of $136 divided by a conservative $5.10 in fiscal 2021 EPS suggests a current-year P/E of only 26.8x. This is roughly in line with AAPL's pre-pandemic valuation multiple, and lower than those of tech peers whose stocks are sometimes considered \"value,\" like Facebook (FB) and Alphabet (GOOG)(NASDAQ:GOOGL). See chart above.</p>\n<p>Just like that, following a killer earnings report, Apple stock starts to look cheap once again – despite shares having climbed about 90% in the past 12 months alone.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's Earnings Smasher: No Room For Bearishness</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple's Earnings Smasher: No Room For Bearishness\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 16:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4422326-apple-earnings-smasher-no-room-for-bearishness-aapl><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple delivered flawless fiscal second quarter results across its product portfolio and geographical segments.\nThe earnings smasher was further enabled by easy comps and lingering stay-at-...</p>\n\n<a href=\"https://seekingalpha.com/article/4422326-apple-earnings-smasher-no-room-for-bearishness-aapl\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4422326-apple-earnings-smasher-no-room-for-bearishness-aapl","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1198510299","content_text":"Summary\n\nApple delivered flawless fiscal second quarter results across its product portfolio and geographical segments.\nThe earnings smasher was further enabled by easy comps and lingering stay-at-home tailwinds.\nApple is approaching all-time highs. But, due to substantially higher 2021 projected EPS, I estimate that P/E has dipped to pre-pandemic levels.\n\nPhoto by Drew Angerer/Getty Images News via Getty Images\nIn my earnings preview, I sounded skeptical that Apple (AAPL) could see its stock climb solely on the back of above consensus fiscal second quarter results. In my view, the bar was set high enough. Bullishness would most likely be triggered, if at all, by (1) reinstatement of guidance and/or (2) lavish cash return to shareholders, in the form of higher dividends or share repurchases.\nYes, Apple provided partial guidance for fiscal third quarter, and both the dividend and buyback programs were boosted. But what impressed the most, in my opinion, was the extent of Apple's Q2 beat.\nThe company's performance bordered \"unbelievable,\" as Morgan Stanley's analyst pointed out during the conference call. With a historic earnings smasher, Apple made sure to leave no room for post-earnings bearishness.\nEarnings crusher\nAnalyzing Apple's results was relatively easy this time. Virtually all metrics climbed substantially YOY – from total company and per-segment revenues to margins, earnings and cash flow. There was virtually no bad news to speak of.\nBelow are the highlights of Apple's results, delivered on April 28. To the best of my knowledge, none of the figures below are typos, as much as they might seem to be.\nSource: DM Martins Research, data from company report\n\niPhone growth of 66%, supported primarily by the strong performance of the Pro and Pro Max models;\niPad growth of 79%, which compares favorably to Microsoft's (MSFT) 12% increase in Surface revenues and the broad industry's projected double-digit decline in tablet unit sales in first calendar quarter;\nMac growth of 70%, a result of (1) a strong lineup of M1-equipped devices and (2) stay-at-home trends still playing a crucial role in global markets, particularly Europe;\nServices growth of 27% that, contrary to popular belief, accelerated compared to pre-pandemic levels;\nGreater China growth of 87%, due in part to the country being ahead in the COVID-19 cycle, definitely turning this market from a 2015-2020 loser into a winner over the past six months;\nGross margin expansion of over four percentage points due to cost savings and favorable mix;\nOp margin expansion of more than eight percentage points due to gross margin increase and gains of scale.\n\nTo be fair, a few one-off factors may have helped to turn an otherwise strong second quarter into a record-shattering one. The odd timing in the launch of the iPhone 12 in 2020 created a revenue gap in the holiday period that is still being smoothed out today. Also, COVID-19 has lasted longer than some may have wished in parts of the world, extending the stay-at-home tailwinds.\nStock is cheap again\nWith impressive results under the belt, Apple climbed modestly after the closing bell. Between the regular and after-hours trading sessions, the stock gained about 1.5%, pushing shares closer to their all-time high of $143.\nDespite the small earnings day gains, Apple exits this season a more affordable stock. The math is fairly simple:\n\nThe monstrous 42-cent Q2 EPS beat alone should push fiscal 2021 consensus higher, to $4.87;\nGuidance for Q3 was incomplete, but I conservatively estimate that it points at another 20-cent gap to consensus, at least. Both quarters combined add up to new fiscal 2021 EPS expectations of about $5.10.\n\nData by YCharts\nApple's after-hours share price of $136 divided by a conservative $5.10 in fiscal 2021 EPS suggests a current-year P/E of only 26.8x. This is roughly in line with AAPL's pre-pandemic valuation multiple, and lower than those of tech peers whose stocks are sometimes considered \"value,\" like Facebook (FB) and Alphabet (GOOG)(NASDAQ:GOOGL). See chart above.\nJust like that, following a killer earnings report, Apple stock starts to look cheap once again – despite shares having climbed about 90% in the past 12 months alone.","news_type":1},"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103202016,"gmtCreate":1619783727535,"gmtModify":1704272301487,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103202016","repostId":"1198510299","repostType":2,"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103206251,"gmtCreate":1619783688973,"gmtModify":1704272300338,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103206251","repostId":"1198510299","repostType":2,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103206192,"gmtCreate":1619783674416,"gmtModify":1704272299831,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103206192","repostId":"1198510299","repostType":2,"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103208731,"gmtCreate":1619783650923,"gmtModify":1704272299336,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply&nbsp;and like thanks","listText":"Reply&nbsp;and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/103208731","repostId":"1103818454","repostType":2,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103208649,"gmtCreate":1619783633081,"gmtModify":1704272298337,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like 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thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103208941","repostId":"1179123018","repostType":4,"repost":{"id":"1179123018","kind":"news","pubTimestamp":1619746983,"share":"https://ttm.financial/m/news/1179123018?lang=&edition=fundamental","pubTime":"2021-04-30 09:43","market":"us","language":"en","title":"These 2 Stocks Could Send the Market to New Records on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1179123018","media":"Motley Fool","summary":"More earnings wins from top tech stocks are powering market sentiment.\nThursday was a solid day for ","content":"<p>More earnings wins from top tech stocks are powering market sentiment.</p>\n<p>Thursday was a solid day for the stock market, with the&nbsp;<b>S&amp;P 500</b>&nbsp;index&nbsp;(SNPINDEX:^GSPC)&nbsp;reaching all-time highs and other indexes coming in closely behind. Investors have never been more confident in the power of an economic recovery for 2021, and they're hoping that despite big market gains already in the past year, there's room for still more movement higher among major market benchmarks.</p>\n<p>If anything can send the market to new records on Friday, it'll be earnings reports from a couple of stocks with exposure to technology.<b>Amazon.com</b>&nbsp;(NASDAQ:AMZN)&nbsp;is a household name worldwide, but investors won't necessarily be as familiar with Australia's&nbsp;<b>Atlassian</b>&nbsp;(NASDAQ:TEAM). Nevertheless, both showed signs of strength and could help build even more positive momentum on Wall Street to finish the week.</p>\n<p><b>How the market did on Thursday</b></p>\n<p>The day was a volatile one, with markets initially climbing on positive economic news. By midday, investors had given back just about all of their daily gains, but more optimism as the afternoon went on ended up pulling the S&amp;P,<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX:^IXIC), and&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES:^DJI)&nbsp;all higher.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7dd6a2b8ea9eca5ebf972110a916a4cc\" tg-width=\"1151\" tg-height=\"331\"><span>DATA SOURCE: YAHOO! FINANCE.</span></p>\n<p><b>Amazon's after-hours ascent</b></p>\n<p>Shares of Amazon didn't do much during Thursday's regular session. But in the after-hours market, the&nbsp;FAANG stock&nbsp;climbed almost 4% as of 5 p.m. EDT following the e-commerce and cloud computing company's quarterly financial report.</p>\n<p>Amazon's numbers were outstanding. Revenue soared 44% to $108.5 billion, with service sales leading the way higher with a 52% year-over-year gain. Net income more than tripled to $8.1 billion, and that produced earnings of $15.79 per share. All of the numbers were well above&nbsp;what most of those following Amazon had expected.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6eb736194bd9a0e56a5b8273269d2eb5\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p>The thriving e-commerce business makes complete sense given the ongoing COVID-19 pandemic, but the success of Amazon Web Services was also noteworthy. Segment revenue there rose 32%, with operating income getting a 35% boost.</p>\n<p>Founder and CEO Jeff Bezos celebrated the 10th anniversary of Prime Video and the 15th anniversary of Amazon Web Services, and he foresees plenty of upside for them in the future.Amazon has a host of growth opportunities&nbsp;lined up ahead of it, and shareholders have to like what they're seeing from the colossus as it looks forward.</p>\n<p><b>Atlassian wins one for the team</b></p>\n<p>Elsewhere, shares of Atlassian reversed a 3% drop during the regular session by rising almost 7% after hours. The workplace collaboration software platform provider continued to build positive momentum as it released its fiscal third-quarter financial results.</p>\n<p>Atlassian continued to see the benefit of high demand for its services in its quarterly numbers. Third-quarter revenue jumped 38% from the year-ago period, with subscription-based sales soaring at an even faster 43% rate. Atlassian contained costs well, leading to the company reversing its year-earlier loss with earnings of $0.63 per share.</p>\n<p>In particular, cloud migration is playing a huge role in Atlassian's success. The company pointed to data analytics provider&nbsp;<b>Splunk</b>&nbsp;(NASDAQ:SPLK)&nbsp;as just one example of many companies moving to the cloud in order to get more value from Atlassian offerings like Jira and Confluence. Moreover, by working closely with clients, Atlassian is developing the products and services that resonate most with users.</p>\n<p>Atlassian has flown under the radar&nbsp;of many investors, but it's rapidly becoming a massive player in the global cloud services industry. It might never catch up to Amazon, but there's a lot to like in what Atlassian has done so far.</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>These 2 Stocks Could Send the Market to New Records on Friday</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\">\nThese 2 Stocks Could Send the Market to New Records on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/29/these-2-stocks-could-send-the-market-to-new-record/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>More earnings wins from top tech stocks are powering market sentiment.\nThursday was a solid day for the stock market, with the S&P 500 index (SNPINDEX:^GSPC) reaching all-time highs and other indexes ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/29/these-2-stocks-could-send-the-market-to-new-record/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TEAM":"Atlassian Corporation PLC","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2021/04/29/these-2-stocks-could-send-the-market-to-new-record/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179123018","content_text":"More earnings wins from top tech stocks are powering market sentiment.\nThursday was a solid day for the stock market, with the S&P 500 index (SNPINDEX:^GSPC) reaching all-time highs and other indexes coming in closely behind. Investors have never been more confident in the power of an economic recovery for 2021, and they're hoping that despite big market gains already in the past year, there's room for still more movement higher among major market benchmarks.\nIf anything can send the market to new records on Friday, it'll be earnings reports from a couple of stocks with exposure to technology.Amazon.com (NASDAQ:AMZN) is a household name worldwide, but investors won't necessarily be as familiar with Australia's Atlassian (NASDAQ:TEAM). Nevertheless, both showed signs of strength and could help build even more positive momentum on Wall Street to finish the week.\nHow the market did on Thursday\nThe day was a volatile one, with markets initially climbing on positive economic news. By midday, investors had given back just about all of their daily gains, but more optimism as the afternoon went on ended up pulling the S&P,Nasdaq Composite (NASDAQINDEX:^IXIC), and Dow Jones Industrial Average (DJINDICES:^DJI) all higher.\nDATA SOURCE: YAHOO! FINANCE.\nAmazon's after-hours ascent\nShares of Amazon didn't do much during Thursday's regular session. But in the after-hours market, the FAANG stock climbed almost 4% as of 5 p.m. EDT following the e-commerce and cloud computing company's quarterly financial report.\nAmazon's numbers were outstanding. Revenue soared 44% to $108.5 billion, with service sales leading the way higher with a 52% year-over-year gain. Net income more than tripled to $8.1 billion, and that produced earnings of $15.79 per share. All of the numbers were well above what most of those following Amazon had expected.\nIMAGE SOURCE: GETTY IMAGES.\nThe thriving e-commerce business makes complete sense given the ongoing COVID-19 pandemic, but the success of Amazon Web Services was also noteworthy. Segment revenue there rose 32%, with operating income getting a 35% boost.\nFounder and CEO Jeff Bezos celebrated the 10th anniversary of Prime Video and the 15th anniversary of Amazon Web Services, and he foresees plenty of upside for them in the future.Amazon has a host of growth opportunities lined up ahead of it, and shareholders have to like what they're seeing from the colossus as it looks forward.\nAtlassian wins one for the team\nElsewhere, shares of Atlassian reversed a 3% drop during the regular session by rising almost 7% after hours. The workplace collaboration software platform provider continued to build positive momentum as it released its fiscal third-quarter financial results.\nAtlassian continued to see the benefit of high demand for its services in its quarterly numbers. Third-quarter revenue jumped 38% from the year-ago period, with subscription-based sales soaring at an even faster 43% rate. Atlassian contained costs well, leading to the company reversing its year-earlier loss with earnings of $0.63 per share.\nIn particular, cloud migration is playing a huge role in Atlassian's success. The company pointed to data analytics provider Splunk (NASDAQ:SPLK) as just one example of many companies moving to the cloud in order to get more value from Atlassian offerings like Jira and Confluence. Moreover, by working closely with clients, Atlassian is developing the products and services that resonate most with users.\nAtlassian has flown under the radar of many investors, but it's rapidly becoming a massive player in the global cloud services industry. It might never catch up to Amazon, but there's a lot to like in what Atlassian has done so far.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103208067,"gmtCreate":1619783597859,"gmtModify":1704272298007,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103208067","repostId":"1179123018","repostType":4,"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103201583,"gmtCreate":1619783577942,"gmtModify":1704272297347,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and likeThanks","listText":"Reply and likeThanks","text":"Reply and likeThanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103201583","repostId":"1129981735","repostType":4,"repost":{"id":"1129981735","kind":"news","pubTimestamp":1619709258,"share":"https://ttm.financial/m/news/1129981735?lang=&edition=fundamental","pubTime":"2021-04-29 23:14","market":"us","language":"en","title":"Forget Dogecoin -- These Stocks Could Go to the Moon","url":"https://stock-news.laohu8.com/highlight/detail?id=1129981735","media":"Motley Fool","summary":"The cryptocurrency market has received a ton of attention recently. Since these assets don't produce","content":"<p>The cryptocurrency market has received a ton of attention recently. Since these assets don't produce any cash like regular businesses aim to, speculators can't value them in any traditional sense. But the power of social media can send some digital currencies, like<b>Dogecoin</b>, soaring astronomically for no real reason at all.</p>\n<p>It's not surprising that younger people in particular are attracted to cryptocurrencies. They view the digital assets as a way to get rich quickly, which is really nothing more than gambling. This could end badly for these folks.</p>\n<p>Over the long term, however, thestock markethas been shown to be an excellent tool for building sustainable wealth. So forget the useless meme cryptocurrency that is Dogecoin and focus instead on these two high-potential, high-growth companies that can make you rich over time.</p>\n<p><img src=\"https://static.tigerbbs.com/08d808fa5b40122dbb1f01f1141c2464\" tg-width=\"700\" tg-height=\"533\" referrerpolicy=\"no-referrer\"></p>\n<p>IMAGE SOURCE: GETTY IMAGES.</p>\n<p>1. Etsy</p>\n<p><b>Etsy</b>&nbsp;(NASDAQ:ETSY)is an e-commerce platform where shoppers go to find unique, handcrafted items they can't find anywhere else. With operations now insevendifferent countries, the company empowers entrepreneurs to follow their passions by helping them grow their small businesses.</p>\n<p>The success of Etsy's 4.4million&nbsp;sellersis&nbsp;noteworthy. In the U.S., for example, these domestic sellers added $13billion&nbsp;of GDP to the economy and created 2.6 million jobs. But the value proposition is also significant for Etsy's 81.9million&nbsp;buyers. In a company survey conducted last year, an eye-popping 88%of buyers agreed that Etsy had goods they couldn't find anywhere else.</p>\n<p>Although Etsy's marketplace has been expanding rapidly for many years, the onset of the pandemic led sales to skyrocket 111% in 2020 compared to 2019. Consumers flocked to the website last spring to purchase masks, but the company's largest productcategories&nbsp;during the year were home furnishings, personal accessories, and craft supplies.</p>\n<p>Etsy truly does offer a differentiated service and experience for both its sellers and buyers. Both groups understand the value they receive, which should support the company's growth for many years to come.</p>\n<p>Because Etsy is a marketplace business (it simply connects buyers and sellers and owns no inventory itself), profits can soar even faster than the top line. In 2020, net income increased 264%&nbsp;from the prior year, something shareholders can appreciate.</p>\n<p>Management believes the market for \"special\" goods (what Etsy is known for) is roughly $100billion&nbsp;in its six core markets (not including India). Based on $10.3billion&nbsp;in gross merchandise sales (GMS) last year, that's 10% of the total market. If we include the massive opportunity in India, it's easy to see how much room Etsy still has to grow.</p>\n<p>2. Roku</p>\n<p>Besides exciting growth,<b>Roku</b>&nbsp;(NASDAQ:ROKU)has two similarities to Etsy: It's a platform business, and it's also benefiting from a strong secular trend, this time in streaming entertainment.</p>\n<p>Roku's licensed smart TVs and connected devices bring together viewers, streaming companies, and advertisers. It seems like the number of streaming services out there continues to rise, so this is a way for consumers to have all of their options in one place.</p>\n<p>Furthermore, the fact that 70%of streaming is watched on TVs makes Roku a strategic partner for content companies looking to reach more customers and advertisers that want to target these same customers as traditional cable TV keeps declining.</p>\n<p>Roku's ecosystem is a win-win-win for all parties, and the pandemic's acceleration of streaming only cemented this. Revenue in the most recent quarter (ended Dec. 31st) rose 58% year-over-year, with activeaccountsnow totaling 51.2 million. Engagement is also through the roof -- those accounts watched a whopping 17 billion hours of shows and movies in the quarter.</p>\n<p>Asthe business continues to scale up, the gross and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) margins expand meaningfully. The latter figure was 17.5%&nbsp;last quarter, a big uptick from being negative just two quarters earlier.</p>\n<p>It looks as though streaming is the way everyone will consume video in the future, and Roku stands to gain tremendously from this.</p>\n<p>Focus on what matters</p>\n<p>Unlike Dogecoin, Etsy and Roku are two legitimate business operations. They have huge expansion opportunities, which are further bolstered by their platform structures and network effects. And both deliver significant value to the various groups of users they serve.</p>\n<p>Some of the most successful and fastest-growing companies in recent times all have this trait, making it one of the best business models investors want to own. Forget about the latest cryptocurrency craze. Instead, stash your money in these stocks and be patient and willing to hold for the long term.</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>Forget Dogecoin -- These Stocks Could Go to the Moon</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\">\nForget Dogecoin -- These Stocks Could Go to the Moon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/29/forget-dogecoin-these-stocks-could-go-to-the-moon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The cryptocurrency market has received a ton of attention recently. Since these assets don't produce any cash like regular businesses aim to, speculators can't value them in any traditional sense. But...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/29/forget-dogecoin-these-stocks-could-go-to-the-moon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","ETSY":"Etsy, Inc."},"source_url":"https://www.fool.com/investing/2021/04/29/forget-dogecoin-these-stocks-could-go-to-the-moon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129981735","content_text":"The cryptocurrency market has received a ton of attention recently. Since these assets don't produce any cash like regular businesses aim to, speculators can't value them in any traditional sense. But the power of social media can send some digital currencies, likeDogecoin, soaring astronomically for no real reason at all.\nIt's not surprising that younger people in particular are attracted to cryptocurrencies. They view the digital assets as a way to get rich quickly, which is really nothing more than gambling. This could end badly for these folks.\nOver the long term, however, thestock markethas been shown to be an excellent tool for building sustainable wealth. So forget the useless meme cryptocurrency that is Dogecoin and focus instead on these two high-potential, high-growth companies that can make you rich over time.\n\nIMAGE SOURCE: GETTY IMAGES.\n1. Etsy\nEtsy (NASDAQ:ETSY)is an e-commerce platform where shoppers go to find unique, handcrafted items they can't find anywhere else. With operations now insevendifferent countries, the company empowers entrepreneurs to follow their passions by helping them grow their small businesses.\nThe success of Etsy's 4.4million sellersis noteworthy. In the U.S., for example, these domestic sellers added $13billion of GDP to the economy and created 2.6 million jobs. But the value proposition is also significant for Etsy's 81.9million buyers. In a company survey conducted last year, an eye-popping 88%of buyers agreed that Etsy had goods they couldn't find anywhere else.\nAlthough Etsy's marketplace has been expanding rapidly for many years, the onset of the pandemic led sales to skyrocket 111% in 2020 compared to 2019. Consumers flocked to the website last spring to purchase masks, but the company's largest productcategories during the year were home furnishings, personal accessories, and craft supplies.\nEtsy truly does offer a differentiated service and experience for both its sellers and buyers. Both groups understand the value they receive, which should support the company's growth for many years to come.\nBecause Etsy is a marketplace business (it simply connects buyers and sellers and owns no inventory itself), profits can soar even faster than the top line. In 2020, net income increased 264% from the prior year, something shareholders can appreciate.\nManagement believes the market for \"special\" goods (what Etsy is known for) is roughly $100billion in its six core markets (not including India). Based on $10.3billion in gross merchandise sales (GMS) last year, that's 10% of the total market. If we include the massive opportunity in India, it's easy to see how much room Etsy still has to grow.\n2. Roku\nBesides exciting growth,Roku (NASDAQ:ROKU)has two similarities to Etsy: It's a platform business, and it's also benefiting from a strong secular trend, this time in streaming entertainment.\nRoku's licensed smart TVs and connected devices bring together viewers, streaming companies, and advertisers. It seems like the number of streaming services out there continues to rise, so this is a way for consumers to have all of their options in one place.\nFurthermore, the fact that 70%of streaming is watched on TVs makes Roku a strategic partner for content companies looking to reach more customers and advertisers that want to target these same customers as traditional cable TV keeps declining.\nRoku's ecosystem is a win-win-win for all parties, and the pandemic's acceleration of streaming only cemented this. Revenue in the most recent quarter (ended Dec. 31st) rose 58% year-over-year, with activeaccountsnow totaling 51.2 million. Engagement is also through the roof -- those accounts watched a whopping 17 billion hours of shows and movies in the quarter.\nAsthe business continues to scale up, the gross and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) margins expand meaningfully. The latter figure was 17.5% last quarter, a big uptick from being negative just two quarters earlier.\nIt looks as though streaming is the way everyone will consume video in the future, and Roku stands to gain tremendously from this.\nFocus on what matters\nUnlike Dogecoin, Etsy and Roku are two legitimate business operations. They have huge expansion opportunities, which are further bolstered by their platform structures and network effects. And both deliver significant value to the various groups of users they serve.\nSome of the most successful and fastest-growing companies in recent times all have this trait, making it one of the best business models investors want to own. Forget about the latest cryptocurrency craze. Instead, stash your money in these stocks and be patient and willing to hold for the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103201827,"gmtCreate":1619783547769,"gmtModify":1704272296688,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103201827","repostId":"1129981735","repostType":4,"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103201187,"gmtCreate":1619783524349,"gmtModify":1704272297182,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103201187","repostId":"2131589316","repostType":2,"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103201002,"gmtCreate":1619783514506,"gmtModify":1704272296194,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103201002","repostId":"2131589316","repostType":2,"repost":{"id":"2131589316","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1619694290,"share":"https://ttm.financial/m/news/2131589316?lang=&edition=fundamental","pubTime":"2021-04-29 19:04","market":"hk","language":"en","title":"Kraft Heinz Q1 Adj. EPS $0.72 Beats $0.59 Estimate, Sales $6.39B Beat $6.24B Estimate; Reaffirms Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2131589316","media":"Benzinga","summary":"Kraft Heinz (NASDAQ:KHC) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.59 by 22.03 percent. This is a 24.14 percent increase over earnings of $0.58 per share from the same","content":"<html><body><p>Kraft Heinz (NASDAQ:KHC) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.59 by 22.03 percent. This is a 24.14 percent increase over earnings of $0.58 per share from the same period last year.  The company reported quarterly sales of $6.39 billion which beat the analyst consensus estimate of $6.24 billion by 2.47 percent.  This is a 3.85 percent increase over sales of $6.16 billion the same period last year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kraft Heinz Q1 Adj. EPS $0.72 Beats $0.59 Estimate, Sales $6.39B Beat $6.24B Estimate; Reaffirms Guidance</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\">\nKraft Heinz Q1 Adj. EPS $0.72 Beats $0.59 Estimate, Sales $6.39B Beat $6.24B Estimate; Reaffirms Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-29 19:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Kraft Heinz (NASDAQ:KHC) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.59 by 22.03 percent. This is a 24.14 percent increase over earnings of $0.58 per share from the same period last year.  The company reported quarterly sales of $6.39 billion which beat the analyst consensus estimate of $6.24 billion by 2.47 percent.  This is a 3.85 percent increase over sales of $6.16 billion the same period last year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KHC":"卡夫亨氏"},"source_url":"https://www.benzinga.com/news/earnings/21/04/20858564/kraft-heinz-q1-adj-eps-0-72-beats-0-59-estimate-sales-6-39b-beat-6-24b-estimate-reaffirms-guidance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2131589316","content_text":"Kraft Heinz (NASDAQ:KHC) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.59 by 22.03 percent. This is a 24.14 percent increase over earnings of $0.58 per share from the same period last year.  The company reported quarterly sales of $6.39 billion which beat the analyst consensus estimate of $6.24 billion by 2.47 percent.  This is a 3.85 percent increase over sales of $6.16 billion the same period last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103203488,"gmtCreate":1619783493244,"gmtModify":1704272295704,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103203488","repostId":"1121332392","repostType":4,"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103203802,"gmtCreate":1619783479906,"gmtModify":1704272295867,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103203802","repostId":"1121332392","repostType":4,"repost":{"id":"1121332392","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619769676,"share":"https://ttm.financial/m/news/1121332392?lang=&edition=fundamental","pubTime":"2021-04-30 16:01","market":"us","language":"en","title":"Twitter fell more than 11% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1121332392","media":"Tiger Newspress","summary":"Twitter fell more than 11% in premarket trading, and the number of daily active activities in the fi","content":"<p>Twitter fell more than 11% in premarket trading, and the number of daily active activities in the first quarter fell short of market expectations.</p><p><img src=\"https://static.tigerbbs.com/86d5a7184a578fb53e131177f4300fa3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>Twitter stock sinks as revenue, earnings beat but user numbers miss expectations</b></p><p>Twitter Inc. on Thursday reported increased quarterly revenue on the strength of ad sales, but its user numbers fell short of expectations.</p><p>The San Francisco-based company said its average monetizable daily active users increased 20% year over year to 199 million, but analysts had expected that number to grow to 200 million.</p><p>The microblogging company reported first-quarter net income of $68 million, or 8 cents a share, compared with a loss of $8.3 million, or 1 cent a share, in the year-ago period. Adjusted for stock-based compensation and other expenses, earnings were 16 cents a share. Revenue rose to $1.04 billion from $807.6 million in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast adjusted earnings of 14 cents a share on revenue of $1.03 billion.</p><p>Ad revenue climbed 32% year over year to $899 million.</p><p>The company said its user growth in the U.S. was 13%, and 22% internationally. While U.S. revenue outdid international revenue $556 million to $480 million, revenue growth followed the user-growth trend, with U.S. revenue growing 19% and international revenue rising 41% year over year.</p><p>Ned Segal, chief financial officer of Twitter, said on the company’s earnings call that revenue growth, which was down sequentially in the U.S. more than last year, was affected by the COVID-19 pandemic. “Remember COVID had a varied impact in different parts of the world at different times of the year,” he said.</p><p>Asked about how big the U.S. market can grow for Twitter, Chief Executive Jack Dorsey said on the call with analysts that he thinks it can be “quite large.” He said the company hasn’t done enough to get people to what they’re interested in fast enough, but that with new products like Topics, “everything we’re doing is around serving [the] two core jobs” of informing users about what’s happening and enabling them to talk about it.</p><p>Twitter expects a second-quarter GAAP loss of &nbsp;$170 million to $120 million on revenue of $980 million to $1.08 billion. Analysts had forecast adjusted earnings of 16 cents a share and a GAAP loss of 4 cents a share on revenue of $1.06 billion.</p><p>Shares of Twitter have risen 20% year to date, and are up nearly 127% in the past 52 weeks. By comparison, the S&amp;P 500 IndexSPX,+0.68%has increased about 12% so far this year, and is up nearly 45% in the past year.</p><p></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>Twitter fell more than 11% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter fell more than 11% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-30 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Twitter fell more than 11% in premarket trading, and the number of daily active activities in the first quarter fell short of market expectations.</p><p><img src=\"https://static.tigerbbs.com/86d5a7184a578fb53e131177f4300fa3\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>Twitter stock sinks as revenue, earnings beat but user numbers miss expectations</b></p><p>Twitter Inc. on Thursday reported increased quarterly revenue on the strength of ad sales, but its user numbers fell short of expectations.</p><p>The San Francisco-based company said its average monetizable daily active users increased 20% year over year to 199 million, but analysts had expected that number to grow to 200 million.</p><p>The microblogging company reported first-quarter net income of $68 million, or 8 cents a share, compared with a loss of $8.3 million, or 1 cent a share, in the year-ago period. Adjusted for stock-based compensation and other expenses, earnings were 16 cents a share. Revenue rose to $1.04 billion from $807.6 million in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast adjusted earnings of 14 cents a share on revenue of $1.03 billion.</p><p>Ad revenue climbed 32% year over year to $899 million.</p><p>The company said its user growth in the U.S. was 13%, and 22% internationally. While U.S. revenue outdid international revenue $556 million to $480 million, revenue growth followed the user-growth trend, with U.S. revenue growing 19% and international revenue rising 41% year over year.</p><p>Ned Segal, chief financial officer of Twitter, said on the company’s earnings call that revenue growth, which was down sequentially in the U.S. more than last year, was affected by the COVID-19 pandemic. “Remember COVID had a varied impact in different parts of the world at different times of the year,” he said.</p><p>Asked about how big the U.S. market can grow for Twitter, Chief Executive Jack Dorsey said on the call with analysts that he thinks it can be “quite large.” He said the company hasn’t done enough to get people to what they’re interested in fast enough, but that with new products like Topics, “everything we’re doing is around serving [the] two core jobs” of informing users about what’s happening and enabling them to talk about it.</p><p>Twitter expects a second-quarter GAAP loss of &nbsp;$170 million to $120 million on revenue of $980 million to $1.08 billion. Analysts had forecast adjusted earnings of 16 cents a share and a GAAP loss of 4 cents a share on revenue of $1.06 billion.</p><p>Shares of Twitter have risen 20% year to date, and are up nearly 127% in the past 52 weeks. By comparison, the S&amp;P 500 IndexSPX,+0.68%has increased about 12% so far this year, and is up nearly 45% in the past year.</p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121332392","content_text":"Twitter fell more than 11% in premarket trading, and the number of daily active activities in the first quarter fell short of market expectations.Twitter stock sinks as revenue, earnings beat but user numbers miss expectationsTwitter Inc. on Thursday reported increased quarterly revenue on the strength of ad sales, but its user numbers fell short of expectations.The San Francisco-based company said its average monetizable daily active users increased 20% year over year to 199 million, but analysts had expected that number to grow to 200 million.The microblogging company reported first-quarter net income of $68 million, or 8 cents a share, compared with a loss of $8.3 million, or 1 cent a share, in the year-ago period. Adjusted for stock-based compensation and other expenses, earnings were 16 cents a share. Revenue rose to $1.04 billion from $807.6 million in the year-ago quarter.Analysts surveyed by FactSet had forecast adjusted earnings of 14 cents a share on revenue of $1.03 billion.Ad revenue climbed 32% year over year to $899 million.The company said its user growth in the U.S. was 13%, and 22% internationally. While U.S. revenue outdid international revenue $556 million to $480 million, revenue growth followed the user-growth trend, with U.S. revenue growing 19% and international revenue rising 41% year over year.Ned Segal, chief financial officer of Twitter, said on the company’s earnings call that revenue growth, which was down sequentially in the U.S. more than last year, was affected by the COVID-19 pandemic. “Remember COVID had a varied impact in different parts of the world at different times of the year,” he said.Asked about how big the U.S. market can grow for Twitter, Chief Executive Jack Dorsey said on the call with analysts that he thinks it can be “quite large.” He said the company hasn’t done enough to get people to what they’re interested in fast enough, but that with new products like Topics, “everything we’re doing is around serving [the] two core jobs” of informing users about what’s happening and enabling them to talk about it.Twitter expects a second-quarter GAAP loss of  $170 million to $120 million on revenue of $980 million to $1.08 billion. Analysts had forecast adjusted earnings of 16 cents a share and a GAAP loss of 4 cents a share on revenue of $1.06 billion.Shares of Twitter have risen 20% year to date, and are up nearly 127% in the past 52 weeks. By comparison, the S&P 500 IndexSPX,+0.68%has increased about 12% so far this year, and is up nearly 45% in the past year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":371574552,"gmtCreate":1618963620576,"gmtModify":1704717491929,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like","listText":"Comment and like","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":76,"repostSize":0,"link":"https://ttm.financial/post/371574552","repostId":"1103986621","repostType":4,"repost":{"id":"1103986621","kind":"news","pubTimestamp":1618958134,"share":"https://ttm.financial/m/news/1103986621?lang=&edition=fundamental","pubTime":"2021-04-21 06:35","market":"us","language":"en","title":"Netflix reports dramatic slowdown in subscribers","url":"https://stock-news.laohu8.com/highlight/detail?id=1103986621","media":"cnbc","summary":"KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss i","content":"<div>\n<p>KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter earnings report.\nThe company’s revenue still grew 24% year...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.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>Netflix reports dramatic slowdown in subscribers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix reports dramatic slowdown in subscribers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 06:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter earnings report.\nThe company’s revenue still grew 24% year...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.cnbc.com/2021/04/20/netflix-nflx-q1-2021-earnings.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1103986621","content_text":"KEY POINTS\n\nNetflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter earnings report.\nThe company’s revenue still grew 24% year over year and was in line with its beginning of quarter forecast, Netflix said.\nIt also delivered a strong beat on earnings compared to Street estimates.\n\nNetflixshares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in itsfirst-quarter earnings report. The company also said it only expects to add about 1 million subscribers in the current quarter.\nHere are the key numbers:\n\nEarnings per share (EPS): $3.75, vs $2.97 expected, according to Refinitiv survey of analysts\nRevenue:$7.16 billion, vs $7.13 billion expected, according to Refinitiv\nGlobal paid net subscriber additions: 3.98 million vs 6.2 million expected, according to Factset\n\n“We believe paid membership growth slowed due to the big Covid-19 pull forward in 2020 and a lighter content slate in the first half of this year, due to Covid-19 production delays,” Netflix said in its letter to shareholders.\nNetflix has continued to hold itself against a bevy of competitors includingDisney’s Disney+ and Hulu,AT&T’s HBO Max,AppleTV+,AmazonPrime andComcastNBCUniversal’s Peacock. The company said in its report that it doesn’t believe competition played a factor in the weak subscriber numbers.\n“We don’t believe competitive intensity materially changed in the quarter or was a material factor in the variance as the over-forecast was across all of our regions,” according to the report.\nNetflix anticipates its content to pick back up later in the year, following production delays caused by the Covid-19 pandemic.\n“As we’ve noted previously, the production delays from Covid-19 in 2020 will lead to a 2021 slate that is more heavily second half weighted with a large number of returning franchises,” the company said.\nThe company said that production is back up and running in nearly all of its major markets. If that continues, Netflix said it expects to spend more than $17 billion in cash on content this year.\nThe company’s revenue grew 24% year over year and was in line with its beginning of quarter forecast, Netflix said. It also delivered a strong beat on earnings compared to Street estimates.\nNetflix also approved a buyback program to repurchase up to $5 billion in common stock, beginning in 2021 with no fixed expiration date. That’s expected to begin the quarter, the company said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582017708065945","authorId":"3582017708065945","name":"SuperAngel","avatar":"https://static.tigerbbs.com/c5322f133dad8e62201da83844d08e04","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582017708065945","authorIdStr":"3582017708065945"},"content":"Liked (retUrn like)","text":"Liked (retUrn like)","html":"Liked (retUrn like)"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357199918,"gmtCreate":1617243217634,"gmtModify":1704697718138,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Wow. Reply my comment thanks!","listText":"Wow. Reply my comment thanks!","text":"Wow. Reply my comment thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/357199918","repostId":"1127322570","repostType":4,"repost":{"id":"1127322570","kind":"news","pubTimestamp":1617207242,"share":"https://ttm.financial/m/news/1127322570?lang=&edition=fundamental","pubTime":"2021-04-01 00:14","market":"us","language":"en","title":"Coursera opens for trading at $40, up 21.21% from IPO price","url":"https://stock-news.laohu8.com/highlight/detail?id=1127322570","media":"seekingalpha","summary":"(March 31) Coursera opens for trading at $40, up 21.21% from IPO price. Coursera prices IPO at $33, ","content":"<p>(March 31)&nbsp;Coursera opens for trading at $40, up 21.21% from IPO price. Coursera prices IPO at $33, for valuation of $4.3 billion.</p><p><img src=\"https://static.tigerbbs.com/02b9c1d8ca315aee021355dfdcf3bbf9\" tg-width=\"662\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p><p>Coursera has&nbsp;priced&nbsp;an IPO of 15.73M shares of its common stock at $33.00/share, including ~14.7M shares to beissued and sold by Coursera and ~1.1M by the selling stockholders.</p><ul><li>Expected gross proceeds are $483.9M.</li><li>Trading kicks off March 31.</li><li>Underwriters' over-allotment is an additional ~2.4M shares.</li><li>Coursera will not receive any proceeds from shares sale by selling stockholders.</li><li>Morgan Stanley and Goldman Sachs are acting as lead book-running managers.</li><li>Closing date is April 5.</li><li>Online learning giant Coursera has 77M registered learners. It partners with over 200 universities and industry partners to offer a broad catalog of content and credentials.</li><li>SuRo Capital, a business development company, holds a massive stake in the company.</li><li>In 2020, Coursera generated $293.5M in revenue, up from $184.4M in&nbsp;2019.&nbsp;</li></ul><p><img src=\"https://static.tigerbbs.com/f4ff108b0210b167aea229922aa82021\" tg-width=\"769\" tg-height=\"431\" referrerpolicy=\"no-referrer\"></p><p>Launched in 2012 by Stanford University computer science professors Daphne Koller and Andrew Ng, Coursera is one of many massive open online course (MOOC) providers that have emerged since the dawn of the Internet. What sets Coursera apart is its symbiotic relationship with established universities. Instead of trying to disrupt the higher education industry, Coursera is attempting to work with them to reimagine what higher education and professional courses should look like in a digital world.</p><p>That strategy seems to be working. Coursera has more than77 million students, more than most of its rivals. The company’sCoursera for Campusattracted 4,000 tertiary institutions from across the world. At the end of 2020, 130 of these institutions were premium subscribers. 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies are alsopaying for Coursera’s enterprise offerings.</p><p>Unsurprisingly, that traction is reflected on the top line. In 2020, Coursera generated $293 million in revenue, up 59% from the previous year. Year-on-year user growth came in at 65%. However, the company extended free courses and features throughout the pandemic to gin up traffic. That led to higher costs and a loss of $66.8 million in 2020, up from $46.7 million in 2019. Free cash flow was -$26.9 million over the course of the year.</p><p>Coursera doesn’t expect to become cash flow positive or profitable anytime soon. In fact, theS-1 clearly statesthat the company “had an accumulated deficit of $343.6 million as of December 31, 2020,” and that they anticipate that the company “will continue to incur losses for the foreseeable future.”</p><p>The reopening is another risk. With students heading back to the campus this fall, it’s difficult to say if Coursera can sustain last year’s momentum and keep students and universities engaged on its platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2765e424ebb38bf8c4fdf74bcb5d0086\" tg-width=\"605\" tg-height=\"270\" referrerpolicy=\"no-referrer\"><span>Coursera product tiers</span></p><p>Nevertheless, the company’s partnerships with government agencies, library of content from top universities, enterprise training products and micro-certification courses could help it bolster growth over time. Online learning already was a rapidly-growing market pre-pandemic. Some estimates suggest the marketcould be worth $350 billionby 2025. Coursera was last valued at $2.5 billion.</p><p>It could be worth a lot more when the IPO is completed. One early investor is certainly expecting a windfall: SuRo Capital(NASDAQ:SSSS).</p><p><b>Operating Results</b></p><p>The company earned $293 million in revenues for the fiscal year ended December 31, 2020, up 59% from 2019. Net losses widened by about $20 million year-on-year, reaching $66.8 million in 2020. Revenues shot up as a result of the Covid-19 pandemic’s effect on traditional education. In tandem with rising demand, operating costs associated with the company’s services rose, largely driven by the freemium content and marketing expenses. Coursera added over 12,000 new degree learners across the two years ended December 31, 2020 at an average acquisition cost of just below $2,000. The number of registered users rose by 65% year-on-year in 2020. Coursera’s accumulated deficit since its founding stood at $343.6 million as of December 31, 2020. The company does not expect to turn a profit in the foreseeable future.</p><p>The company’sCoursera for Campus,launched in late 2019to enable colleges to offer its library of MOOCs to their students, has been a key driver of recent revenue growth. At the start of the pandemic, Coursera made the program free to tertiary institutions until Sept. 30, 2020. Over 4,000 tertiary institutions from across the world signed up for the program, which, according to the company’s S-1 filing, makes it, “one of our fastest growing offerings”. As of December 31, 2020, over 130 tertiary institutions were paying for it.</p><p>At this point, it is hard to predict what the end of the pandemic would have on the company’s operating results.</p><p><b>SuRo Capital - Coursera’s Proxy</b></p><p>San Francisco-based SuRo Capital is a business development company focused on tech startups and innovative private companies. SuRo’s portfolio is heavily concentrated in preferred shares of noteworthy tech startups such asCourseHero,Rent the Runway,Nextdoor,Blink HealthandForge Global.</p><p>The largest and most noteworthy position in their portfolio is a $94 million stake in Palantir Technologies(NYSE:PLTR). In fact, my first article on the company was publishedjust before Palantir’s IPO. Over the past 12 months, the stock is up 281%, which means it outperformed the most talked about tech ETF of the year - Ark Innovation ETF(NYSEARCA:ARKK).</p><p><img src=\"https://static.tigerbbs.com/803c42a2fe2b33ae60db98bb236a638e\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"></p><p>Now, Palantir accounts for 31.4% of SuRo’s portfolio. Coursera is the second-largest holding. Accounting for 17.6% of the portfolio, SuRo reported the fair value of its stake at $53.2 million recently. It’s worth noting that SuRo holds this stake in preferred shares paying out 8% a year in dividends. These preferred shares should be worth a lot more when the company lists publicly. Analysts estimate Coursera could be worth as much as$5 billion, which is roughly double its valuation from 2020.</p><p>At that price, Coursera would become SuRo’s largest holding, adding roughly $50 million to the company’s book value.</p><p>Altogether,SuRo’s portfolio is worth $430 million. Meanwhile, the company’s market capitalization is $274 million. If the Coursera IPO is as successful as some of the other major tech IPOs we’ve witnessed this year, this discount to fair value could broaden further.</p><p><b>The Strategy and Market Opportunity</b></p><p>Coursera is one of the most disruptive firms in the world. It has a flywheel approach to value creation, with significant price-to-cost advantages versus its competition. The company reported that about half of its new degree students in 2020 had been previously registered with Coursera and that its average student acquisition cost was less than $2,000. Its average student acquisition cost is lower than the industry standard. The edu-tech platform is able to efficiently acquire learners at scale because of the huge number of free, high-quality courses that it offers in partnership with top educational institutions and corporations; its ability to personalize content based on its wealth of data; the strength of word-of-mouth promotion by learners; the profitability of its affiliate paid marketing channel.</p><p>The platform offers a number of education tracks, for example:</p><ul><li>Specializations: A learner can pay between $39 and $99 a month for job-specific content across over 500 categories.</li><li>MasterTrack Certificates: For a quarter to a year, a learner can earn a certificate issued by a university-issued certificate. Prices range from $2,000 to $6,000.</li><li>Bachelor’s or Master’s Degrees: Fees range from $9,000 to $45,000.</li><li>Coursera for Enterprise: Through this platform, businesses, educational institutions and governments can deploy content to their learners.</li></ul><p>In response to the Covid-19 pandemic, Coursera partnered with over 330 government agencies across 30 U.S. states and cities and 70 countries as part of itsCoursera Workforce Recovery Initiative, which gave governments the chance to offer unemployed workers free access to thousands of business, data science, and technology courses from companies such as Amazon(NASDAQ:AMZN)and Google(NASDAQ:GOOG)(NASDAQ:GOOGL).</p><p>The company has 77 million registered learners, as well as over 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies who paid for its enterprise offerings. The majority of its revenue (51%) was earned outside of the United States. Converting only a fraction of its 77 million registered users into paid users would change the economics of customer acquisition. The company’s present scale is a huge competitive advantage in the market.</p><p>A learner’s curriculum is designed to be “stackable”, which is to say that a learner can go through a domain in an incremental fashion. The company is able to leverage the huge volume of data it has accumulated from its over 220 million enrollments to personalize content. So, for example, Coursera’s Skills Graphs can suggest paths for job skills.</p><p>Coursera uses technology to drive down distribution costs, make content more affordable, extend access to less economically-endowed regions, help learners keep abreast of emerging skills, and grow its market opportunity. The Covid-19 pandemic has only accelerated secular trends towards the use of technology in education.</p><p>The size of the addressable market is massive and it’s easy to see why.An August 2020 study by the United Nationsdemonstrates the degree of disruption brought on by the Covid-19 pandemic: of the 1.6 billion students in 190 countries covered in the report, or 94% of the world’s students, were prevented from going to school because of Covid-19 pandemic related school closures.</p><p>In 2017, the World Bank indicated thatof the 200 million college students in the world, many do not have job-specific skills.</p><p>The Covid-19 pandemic and prior secular trends suggest that the future of education is in blended classrooms, job-specific education and continuous, lifelong education. Online learning platforms like Coursera will be the primary means through which educational content is delivered.</p><p>Globally, spending on higher education in 2019 was $2.2 trillion,according to HolonIQ. Spending on online degrees was $36 billion and is predicted to reach $74 billion by 2025.</p><p>With a huge, existing learner base; a strong brand; and the significant advantages detailed above, Coursera is likely to grab a significant amount of the market’s growth. Of thescenarios for the future of education, it seems that Coursera will continue to grow.</p><p>Risks</p><p>Coursera's S-1 lists several potential risks that investors should be aware of. However, I believe some are more noteworthy than others and Coursera may have missed some key risks.</p><p>Competition, for one, is something the team could have elaborated on further. Coursera is far from the only online education provider. In fact, many of its rivals including Skillshare, Gumroad, Khan Academy and Udemy have more recognizable brands.</p><p>Khan Academy is particularly noteworthy because many of the courses it offers are free. That, in my opinion, is another key risk for Coursera and perhaps the entire EdTech space. While higher education is a luxury service in North America, it's free in places like Germany. Much of the world would prefer a low-cost or free model to develop talent and plug the skills gap. College in India, for instance, costs$5,000 a year on average. Coursera isn't profitable at its current average pricing of $9,000 to $25,000 per degree course. Lower costs in the rest of the world could make profitability a bigger challenge.</p><p>Coursera could potentially overcome these challenges by recruiting lower-cost education providers in emerging markets, convincing students to pay a premium and differentiating its courses by partnering with elite universities and recruitment channels.</p><p><b>Conclusion</b></p><p>Coursera seems poised to meet the challenges of a changing education landscape. With its vast, existing user base, its flywheel model, its competitive advantages, and its existence in a huge and growing addressable market, the company is likely to do very well. The company’s value proposition is compelling. However, long run success does not equate to a good investment in the short run. An unprofitable company like Coursera is likely to be very volatile on the markets until it reaches profitability. It is better to wait for Coursera to turn a profit before investing in the company.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coursera opens for trading at $40, up 21.21% from IPO price</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\">\nCoursera opens for trading at $40, up 21.21% from IPO price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-01 00:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3677898-online-learning-platform-coursera-seeks-to-raise-484m-in-ipo><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(March 31) Coursera opens for trading at $40, up 21.21% from IPO price. Coursera prices IPO at $33, for valuation of $4.3 billion.Coursera has priced an IPO of 15.73M shares of its common stock at $...</p>\n\n<a href=\"https://seekingalpha.com/news/3677898-online-learning-platform-coursera-seeks-to-raise-484m-in-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5220d573a8af31c0f611dafd93d5f72a","relate_stocks":{"COUR":"Coursera, Inc."},"source_url":"https://seekingalpha.com/news/3677898-online-learning-platform-coursera-seeks-to-raise-484m-in-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127322570","content_text":"(March 31) Coursera opens for trading at $40, up 21.21% from IPO price. Coursera prices IPO at $33, for valuation of $4.3 billion.Coursera has priced an IPO of 15.73M shares of its common stock at $33.00/share, including ~14.7M shares to beissued and sold by Coursera and ~1.1M by the selling stockholders.Expected gross proceeds are $483.9M.Trading kicks off March 31.Underwriters' over-allotment is an additional ~2.4M shares.Coursera will not receive any proceeds from shares sale by selling stockholders.Morgan Stanley and Goldman Sachs are acting as lead book-running managers.Closing date is April 5.Online learning giant Coursera has 77M registered learners. It partners with over 200 universities and industry partners to offer a broad catalog of content and credentials.SuRo Capital, a business development company, holds a massive stake in the company.In 2020, Coursera generated $293.5M in revenue, up from $184.4M in 2019. Launched in 2012 by Stanford University computer science professors Daphne Koller and Andrew Ng, Coursera is one of many massive open online course (MOOC) providers that have emerged since the dawn of the Internet. What sets Coursera apart is its symbiotic relationship with established universities. Instead of trying to disrupt the higher education industry, Coursera is attempting to work with them to reimagine what higher education and professional courses should look like in a digital world.That strategy seems to be working. Coursera has more than77 million students, more than most of its rivals. The company’sCoursera for Campusattracted 4,000 tertiary institutions from across the world. At the end of 2020, 130 of these institutions were premium subscribers. 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies are alsopaying for Coursera’s enterprise offerings.Unsurprisingly, that traction is reflected on the top line. In 2020, Coursera generated $293 million in revenue, up 59% from the previous year. Year-on-year user growth came in at 65%. However, the company extended free courses and features throughout the pandemic to gin up traffic. That led to higher costs and a loss of $66.8 million in 2020, up from $46.7 million in 2019. Free cash flow was -$26.9 million over the course of the year.Coursera doesn’t expect to become cash flow positive or profitable anytime soon. In fact, theS-1 clearly statesthat the company “had an accumulated deficit of $343.6 million as of December 31, 2020,” and that they anticipate that the company “will continue to incur losses for the foreseeable future.”The reopening is another risk. With students heading back to the campus this fall, it’s difficult to say if Coursera can sustain last year’s momentum and keep students and universities engaged on its platform.Coursera product tiersNevertheless, the company’s partnerships with government agencies, library of content from top universities, enterprise training products and micro-certification courses could help it bolster growth over time. Online learning already was a rapidly-growing market pre-pandemic. Some estimates suggest the marketcould be worth $350 billionby 2025. Coursera was last valued at $2.5 billion.It could be worth a lot more when the IPO is completed. One early investor is certainly expecting a windfall: SuRo Capital(NASDAQ:SSSS).Operating ResultsThe company earned $293 million in revenues for the fiscal year ended December 31, 2020, up 59% from 2019. Net losses widened by about $20 million year-on-year, reaching $66.8 million in 2020. Revenues shot up as a result of the Covid-19 pandemic’s effect on traditional education. In tandem with rising demand, operating costs associated with the company’s services rose, largely driven by the freemium content and marketing expenses. Coursera added over 12,000 new degree learners across the two years ended December 31, 2020 at an average acquisition cost of just below $2,000. The number of registered users rose by 65% year-on-year in 2020. Coursera’s accumulated deficit since its founding stood at $343.6 million as of December 31, 2020. The company does not expect to turn a profit in the foreseeable future.The company’sCoursera for Campus,launched in late 2019to enable colleges to offer its library of MOOCs to their students, has been a key driver of recent revenue growth. At the start of the pandemic, Coursera made the program free to tertiary institutions until Sept. 30, 2020. Over 4,000 tertiary institutions from across the world signed up for the program, which, according to the company’s S-1 filing, makes it, “one of our fastest growing offerings”. As of December 31, 2020, over 130 tertiary institutions were paying for it.At this point, it is hard to predict what the end of the pandemic would have on the company’s operating results.SuRo Capital - Coursera’s ProxySan Francisco-based SuRo Capital is a business development company focused on tech startups and innovative private companies. SuRo’s portfolio is heavily concentrated in preferred shares of noteworthy tech startups such asCourseHero,Rent the Runway,Nextdoor,Blink HealthandForge Global.The largest and most noteworthy position in their portfolio is a $94 million stake in Palantir Technologies(NYSE:PLTR). In fact, my first article on the company was publishedjust before Palantir’s IPO. Over the past 12 months, the stock is up 281%, which means it outperformed the most talked about tech ETF of the year - Ark Innovation ETF(NYSEARCA:ARKK).Now, Palantir accounts for 31.4% of SuRo’s portfolio. Coursera is the second-largest holding. Accounting for 17.6% of the portfolio, SuRo reported the fair value of its stake at $53.2 million recently. It’s worth noting that SuRo holds this stake in preferred shares paying out 8% a year in dividends. These preferred shares should be worth a lot more when the company lists publicly. Analysts estimate Coursera could be worth as much as$5 billion, which is roughly double its valuation from 2020.At that price, Coursera would become SuRo’s largest holding, adding roughly $50 million to the company’s book value.Altogether,SuRo’s portfolio is worth $430 million. Meanwhile, the company’s market capitalization is $274 million. If the Coursera IPO is as successful as some of the other major tech IPOs we’ve witnessed this year, this discount to fair value could broaden further.The Strategy and Market OpportunityCoursera is one of the most disruptive firms in the world. It has a flywheel approach to value creation, with significant price-to-cost advantages versus its competition. The company reported that about half of its new degree students in 2020 had been previously registered with Coursera and that its average student acquisition cost was less than $2,000. Its average student acquisition cost is lower than the industry standard. The edu-tech platform is able to efficiently acquire learners at scale because of the huge number of free, high-quality courses that it offers in partnership with top educational institutions and corporations; its ability to personalize content based on its wealth of data; the strength of word-of-mouth promotion by learners; the profitability of its affiliate paid marketing channel.The platform offers a number of education tracks, for example:Specializations: A learner can pay between $39 and $99 a month for job-specific content across over 500 categories.MasterTrack Certificates: For a quarter to a year, a learner can earn a certificate issued by a university-issued certificate. Prices range from $2,000 to $6,000.Bachelor’s or Master’s Degrees: Fees range from $9,000 to $45,000.Coursera for Enterprise: Through this platform, businesses, educational institutions and governments can deploy content to their learners.In response to the Covid-19 pandemic, Coursera partnered with over 330 government agencies across 30 U.S. states and cities and 70 countries as part of itsCoursera Workforce Recovery Initiative, which gave governments the chance to offer unemployed workers free access to thousands of business, data science, and technology courses from companies such as Amazon(NASDAQ:AMZN)and Google(NASDAQ:GOOG)(NASDAQ:GOOGL).The company has 77 million registered learners, as well as over 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies who paid for its enterprise offerings. The majority of its revenue (51%) was earned outside of the United States. Converting only a fraction of its 77 million registered users into paid users would change the economics of customer acquisition. The company’s present scale is a huge competitive advantage in the market.A learner’s curriculum is designed to be “stackable”, which is to say that a learner can go through a domain in an incremental fashion. The company is able to leverage the huge volume of data it has accumulated from its over 220 million enrollments to personalize content. So, for example, Coursera’s Skills Graphs can suggest paths for job skills.Coursera uses technology to drive down distribution costs, make content more affordable, extend access to less economically-endowed regions, help learners keep abreast of emerging skills, and grow its market opportunity. The Covid-19 pandemic has only accelerated secular trends towards the use of technology in education.The size of the addressable market is massive and it’s easy to see why.An August 2020 study by the United Nationsdemonstrates the degree of disruption brought on by the Covid-19 pandemic: of the 1.6 billion students in 190 countries covered in the report, or 94% of the world’s students, were prevented from going to school because of Covid-19 pandemic related school closures.In 2017, the World Bank indicated thatof the 200 million college students in the world, many do not have job-specific skills.The Covid-19 pandemic and prior secular trends suggest that the future of education is in blended classrooms, job-specific education and continuous, lifelong education. Online learning platforms like Coursera will be the primary means through which educational content is delivered.Globally, spending on higher education in 2019 was $2.2 trillion,according to HolonIQ. Spending on online degrees was $36 billion and is predicted to reach $74 billion by 2025.With a huge, existing learner base; a strong brand; and the significant advantages detailed above, Coursera is likely to grab a significant amount of the market’s growth. Of thescenarios for the future of education, it seems that Coursera will continue to grow.RisksCoursera's S-1 lists several potential risks that investors should be aware of. However, I believe some are more noteworthy than others and Coursera may have missed some key risks.Competition, for one, is something the team could have elaborated on further. Coursera is far from the only online education provider. In fact, many of its rivals including Skillshare, Gumroad, Khan Academy and Udemy have more recognizable brands.Khan Academy is particularly noteworthy because many of the courses it offers are free. That, in my opinion, is another key risk for Coursera and perhaps the entire EdTech space. While higher education is a luxury service in North America, it's free in places like Germany. Much of the world would prefer a low-cost or free model to develop talent and plug the skills gap. College in India, for instance, costs$5,000 a year on average. Coursera isn't profitable at its current average pricing of $9,000 to $25,000 per degree course. Lower costs in the rest of the world could make profitability a bigger challenge.Coursera could potentially overcome these challenges by recruiting lower-cost education providers in emerging markets, convincing students to pay a premium and differentiating its courses by partnering with elite universities and recruitment channels.ConclusionCoursera seems poised to meet the challenges of a changing education landscape. With its vast, existing user base, its flywheel model, its competitive advantages, and its existence in a huge and growing addressable market, the company is likely to do very well. The company’s value proposition is compelling. However, long run success does not equate to a good investment in the short run. An unprofitable company like Coursera is likely to be very volatile on the markets until it reaches profitability. It is better to wait for Coursera to turn a profit before investing in the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354964163,"gmtCreate":1617119703752,"gmtModify":1704696177635,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment my reply thanks","listText":"Comment my reply thanks","text":"Comment my reply thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/354964163","repostId":"2123291766","repostType":4,"repost":{"id":"2123291766","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1617103860,"share":"https://ttm.financial/m/news/2123291766?lang=&edition=fundamental","pubTime":"2021-03-30 19:31","market":"us","language":"en","title":"Small-cap value stocks still look cheap even after big rally, two fund managers say","url":"https://stock-news.laohu8.com/highlight/detail?id=2123291766","media":"Dow Jones","summary":"Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investm","content":"<blockquote>Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investment highlight a handful of stocks that they say are still attractively priced.</blockquote><p>Value stocks have been on a tear over the past six months, as some growth stocks have fizzled out. But the value rally may still be at an early stage, according to two fund managers from different companies who hold small-cap and mid-cap stocks.</p><p>Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investments both made the case that the value rally will continue, especially for small-cap and mid-cap companies. The two mutual fund managers highlighted stocks that, they say, remain attractively priced.</p><p>At the bottom of this article are tables and charts showing how small- and mid-cap value stocks' price-to-earnings ratios haven't risen as much as those of the broad S&amp;P indexes and their growth subsets.</p><p>Tugman co-manages the Janus Henderson Small Cap Value Fund  with Craig Kempler, and also co-manages the Janus Henderson Mid Cap Value Fund  with Kevin Preloger. The Small Cap Value Fund is rated four stars (out of five) by Morningstar, while the Mid Cap Value Fund has a three-star rating.</p><p>When discussing the broad market rally since the pandemic bottom in March 2020, Tugman said the unprecedented monetary and  fiscal stimulus has pushed some investors to suspend \"any common sense when it comes to valuation metrics.\"</p><p>Following a long period during which growth stocks outperformed value, he believes investors' expectations for a rapidly growing U.S. economy and rising interest rates will continue to bode well for value stocks. He pointed out that periods of outperformance for value stocks have historically stretched over several years.</p><p>Tugman said he and his colleagues tend to be \"risk-averse.\" When selecting new stocks for the portfolios they manage, they first consider downside risk, then focus on upside potential and come up with a risk/reward ratio. They steer clear of highly leveraged or unprofitable companies and those facing \"binary events,\" such as biotechnology developers holding trials.</p><p>Tugman named three value stocks he believes are attractive today:</p><ul><li>Citizens Financial Group Inc. CFG of Providence, R.I., is a regional bank with $183 billion in assets and about 1,000 branches in 11 states. Tugman called the stock’s valuation “attractive at roughly 11 times estimated 2021 earnings.” He said the bank’s credit quality was strong and that it was well positioned to benefit from the steepening yield curve. Citizens is one of the largest holdings of the Janus Henderson Mid Cap Value Fund.</li><li>United Community Banks Inc. UCBI is a holding of the Janus Henderson Small Cap Value Fund. It is based in Blairsville, Ga., has $17.8 billion in total assets, with branches in five states. The stock has a forward P/E ratio of 14.8, which is on the high side for a bank. “We do not think [that valuation is] egregious for a bank growing like they are,” Tugman said. He expects UCBI to continue growing its loan portfolio in the high single digits, which is an impressive organic growth rate for any bank.</li><li>Another small-cap holding is Sunstone Hotel Investors Inc. SHO, which is a real-estate investment trust that owns hotel buildings and leases them to operators licensed by Marriott, Hilton and other well-known brands. Tugman said hotel closures during the pandemic had caused a “cash burn,” but that Sunstone’s balance sheet was still healthy. With the industry beginning to reopen, he believes “SHO sets up well for the long term.”</li></ul><p>Stadlinger is the lead manager for the Columbia Small Cap Value Fund II , and has been involved with the fund's management since 2002. Jarl Ginsberg co-manages the fund, which is rated four stars by Morningstar.</p><p>During an interview, Stadlinger said that through 2019, small-cap growth stocks had been outperforming value for 10 years, because \"when growth is scarce, the market pays up more for growth.\" HE was referring to slow GDP growth in the U.S. But now economists polled by MarketWatch expect a 6% GDP growth rate for 2021.</p><p>\"[T]here will be a whole lot more money being spent. When that happens, value stocks have historically outperformed,\" he said.</p><p>The Columbia Small Cap Value Fund II holds about 100 stocks. Stadlinger said he and Ginsberg select value stocks they believe will turn into growth stocks as the companies' earnings improve. \"That's  how you get returns,\" he said.</p><p>Companies held by the fund that Stadlinger expects to switch to growth from value include Sunstone Hotel Investors, which is also held by Janus Henderson and described above. \"All the indicators are positive\" for the company as the industry reopens at full strength, he said.</p><p>Four more companies mentioned by Stadlinger:</p><ul><li>Herc Holdings Inc. HRI rents construction and earth-moving equipment. With the economy improving, “utilization is picking up quite a bit,” Stadlinger said. The company is based in Florida and mainly operates in southern states, where commercial and residential construction activity is strong. And Stadlinger believes a large round of federal infrastructure spending is “doable.”</li><li>Marriott Vacations Worldwide Corp. VAC is a timeshare operator. This is an industry whose business model has changed, at least for such a large player. If you own a timeshare with Marriott Vacations, you earn points that can be used to make exchanges with other timeshare properties operated by the company. Stadlinger said that unlike hotel operators, timeshare companies have continued to collect maintenance fees from most customers during the pandemic. So they have been undervalued. And now, as the travel industry reopens, various other revenue streams are resuming, including restaurant and pool fees, he said.</li><li>Atlantic Union Bankshares Corp. AUB is based in Richmond, Va., and has $19.6 billion in assets and 129 branches in three states. Stadllinger described AUB as the “largest independent bank left” in Virginia, with “very strong management” and good prospects for loan growth as the economy improves. He also believes the bank is a takeout target for J.P. Morgan Chase &amp; Co. JPM or Bank of America Corp. BAC if they wish to have an expanded presence in the state.</li><li>Ultra Clean Holdings Inc. UCTT makes chemicals and equipment used by semiconductor manufacturers. The stock trades for 15.9 times the consensus earnings estimate among analysts polled by FactSet. Stadlinger called UCTT “cheap” because of the growth prospects in its industry. The chip-making business is booming.</li></ul><p><b>Value vs growth</b></p><p>The broad stock market indexes are broken into overlapping value and growth groups. The value groups are larger, and the companies in them tend to have lower price-to-earnings and price-to-book ratios, as well as lower sales growth rates. The growth groups tend to have higher price valuations and higher growth rates. The companies in both camps show characteristics of both, or at least did the last time the indexes were rebalanced, which happens annually.</p><p>Here are total returns for the three broad S&amp;P indexes over the past six months, along with those of their value and growth subsets:</p><p><img src=\"https://static.tigerbbs.com/0e63cd85839b74ec79c0fdd789371f01\" tg-width=\"1242\" tg-height=\"428\"></p><p>So for all three indexes, the value groups have been in the lead for the past six months, as stocks have performed very well across the board.</p><p>But a long-term look at forward price-to-earnings valuations for exchange traded funds that track the groups shows a remarkable trend -- for mid-cap and small-cap stocks, P/E valuations for the value groups still appear relatively low.</p><p>First, let's look at large-caps -- here are the SPDR S&amp;P 500 ETF Trust <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a>, the <a href=\"https://laohu8.com/S/EEME\">iShares</a> S&amp;P 500 Value ETF <a href=\"https://laohu8.com/S/IVE\">$(IVE)$</a> and the SPDR Portfolio S&amp;P 500 Growth ETF <a href=\"https://laohu8.com/S/SPYG\">$(SPYG)$</a>:</p><p><img src=\"https://static.tigerbbs.com/fcb3602dcf8f7bf55944657020f0f7e3\" tg-width=\"1242\" tg-height=\"334\"></p><p>For the large-caps, P/E valuations are high across the board, but less so for value.</p><p>For mid-caps, here are  P/E comparisons for the <a href=\"https://laohu8.com/S/EGRW\">iShares</a> Core S&amp;P Mid Cap ETF <a href=\"https://laohu8.com/S/IJH\">$(IJH)$</a>, the SPDR S&amp;P 400 Mid Cap Value ETF <a href=\"https://laohu8.com/S/MDYV\">$(MDYV)$</a> and the <a href=\"https://laohu8.com/S/EMDI\">iShares</a> S&amp;P 500 Mid-cap 400 Growth ETF <a href=\"https://laohu8.com/S/IJK\">$(IJK)$</a>:</p><p><img src=\"https://static.tigerbbs.com/a0ebe986713e067cc68037f2816e84bc\" tg-width=\"1242\" tg-height=\"304\"></p><p>For small-cap stocks, here are P/E comparisons for the SPDR S&amp;P 600 Small Cap ETF <a href=\"https://laohu8.com/S/SLY\">$(SLY)$</a>, the <a href=\"https://laohu8.com/S/EMEY\">iShares</a> S&amp;P Small-Cap 600 Value ETF <a href=\"https://laohu8.com/S/IJS\">$(IJS)$</a> and the SPDR S&amp;P 600 Small Cap Growth ETF <a href=\"https://laohu8.com/S/SLYG\">$(SLYG)$</a>:</p><p><img src=\"https://static.tigerbbs.com/edc06e24728225e4387ff54a8dcfad02\" tg-width=\"1242\" tg-height=\"306\"></p><p>So for the small- and mid-cap value stocks, forward P/E ratios aren't very high when compared with 10-year averages, even after such a powerful rally.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nSmall-cap value stocks still look cheap even after big rally, two fund managers say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-30 19:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investment highlight a handful of stocks that they say are still attractively priced.</blockquote><p>Value stocks have been on a tear over the past six months, as some growth stocks have fizzled out. But the value rally may still be at an early stage, according to two fund managers from different companies who hold small-cap and mid-cap stocks.</p><p>Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investments both made the case that the value rally will continue, especially for small-cap and mid-cap companies. The two mutual fund managers highlighted stocks that, they say, remain attractively priced.</p><p>At the bottom of this article are tables and charts showing how small- and mid-cap value stocks' price-to-earnings ratios haven't risen as much as those of the broad S&amp;P indexes and their growth subsets.</p><p>Tugman co-manages the Janus Henderson Small Cap Value Fund  with Craig Kempler, and also co-manages the Janus Henderson Mid Cap Value Fund  with Kevin Preloger. The Small Cap Value Fund is rated four stars (out of five) by Morningstar, while the Mid Cap Value Fund has a three-star rating.</p><p>When discussing the broad market rally since the pandemic bottom in March 2020, Tugman said the unprecedented monetary and  fiscal stimulus has pushed some investors to suspend \"any common sense when it comes to valuation metrics.\"</p><p>Following a long period during which growth stocks outperformed value, he believes investors' expectations for a rapidly growing U.S. economy and rising interest rates will continue to bode well for value stocks. He pointed out that periods of outperformance for value stocks have historically stretched over several years.</p><p>Tugman said he and his colleagues tend to be \"risk-averse.\" When selecting new stocks for the portfolios they manage, they first consider downside risk, then focus on upside potential and come up with a risk/reward ratio. They steer clear of highly leveraged or unprofitable companies and those facing \"binary events,\" such as biotechnology developers holding trials.</p><p>Tugman named three value stocks he believes are attractive today:</p><ul><li>Citizens Financial Group Inc. CFG of Providence, R.I., is a regional bank with $183 billion in assets and about 1,000 branches in 11 states. Tugman called the stock’s valuation “attractive at roughly 11 times estimated 2021 earnings.” He said the bank’s credit quality was strong and that it was well positioned to benefit from the steepening yield curve. Citizens is one of the largest holdings of the Janus Henderson Mid Cap Value Fund.</li><li>United Community Banks Inc. UCBI is a holding of the Janus Henderson Small Cap Value Fund. It is based in Blairsville, Ga., has $17.8 billion in total assets, with branches in five states. The stock has a forward P/E ratio of 14.8, which is on the high side for a bank. “We do not think [that valuation is] egregious for a bank growing like they are,” Tugman said. He expects UCBI to continue growing its loan portfolio in the high single digits, which is an impressive organic growth rate for any bank.</li><li>Another small-cap holding is Sunstone Hotel Investors Inc. SHO, which is a real-estate investment trust that owns hotel buildings and leases them to operators licensed by Marriott, Hilton and other well-known brands. Tugman said hotel closures during the pandemic had caused a “cash burn,” but that Sunstone’s balance sheet was still healthy. With the industry beginning to reopen, he believes “SHO sets up well for the long term.”</li></ul><p>Stadlinger is the lead manager for the Columbia Small Cap Value Fund II , and has been involved with the fund's management since 2002. Jarl Ginsberg co-manages the fund, which is rated four stars by Morningstar.</p><p>During an interview, Stadlinger said that through 2019, small-cap growth stocks had been outperforming value for 10 years, because \"when growth is scarce, the market pays up more for growth.\" HE was referring to slow GDP growth in the U.S. But now economists polled by MarketWatch expect a 6% GDP growth rate for 2021.</p><p>\"[T]here will be a whole lot more money being spent. When that happens, value stocks have historically outperformed,\" he said.</p><p>The Columbia Small Cap Value Fund II holds about 100 stocks. Stadlinger said he and Ginsberg select value stocks they believe will turn into growth stocks as the companies' earnings improve. \"That's  how you get returns,\" he said.</p><p>Companies held by the fund that Stadlinger expects to switch to growth from value include Sunstone Hotel Investors, which is also held by Janus Henderson and described above. \"All the indicators are positive\" for the company as the industry reopens at full strength, he said.</p><p>Four more companies mentioned by Stadlinger:</p><ul><li>Herc Holdings Inc. HRI rents construction and earth-moving equipment. With the economy improving, “utilization is picking up quite a bit,” Stadlinger said. The company is based in Florida and mainly operates in southern states, where commercial and residential construction activity is strong. And Stadlinger believes a large round of federal infrastructure spending is “doable.”</li><li>Marriott Vacations Worldwide Corp. VAC is a timeshare operator. This is an industry whose business model has changed, at least for such a large player. If you own a timeshare with Marriott Vacations, you earn points that can be used to make exchanges with other timeshare properties operated by the company. Stadlinger said that unlike hotel operators, timeshare companies have continued to collect maintenance fees from most customers during the pandemic. So they have been undervalued. And now, as the travel industry reopens, various other revenue streams are resuming, including restaurant and pool fees, he said.</li><li>Atlantic Union Bankshares Corp. AUB is based in Richmond, Va., and has $19.6 billion in assets and 129 branches in three states. Stadllinger described AUB as the “largest independent bank left” in Virginia, with “very strong management” and good prospects for loan growth as the economy improves. He also believes the bank is a takeout target for J.P. Morgan Chase &amp; Co. JPM or Bank of America Corp. BAC if they wish to have an expanded presence in the state.</li><li>Ultra Clean Holdings Inc. UCTT makes chemicals and equipment used by semiconductor manufacturers. The stock trades for 15.9 times the consensus earnings estimate among analysts polled by FactSet. Stadlinger called UCTT “cheap” because of the growth prospects in its industry. The chip-making business is booming.</li></ul><p><b>Value vs growth</b></p><p>The broad stock market indexes are broken into overlapping value and growth groups. The value groups are larger, and the companies in them tend to have lower price-to-earnings and price-to-book ratios, as well as lower sales growth rates. The growth groups tend to have higher price valuations and higher growth rates. The companies in both camps show characteristics of both, or at least did the last time the indexes were rebalanced, which happens annually.</p><p>Here are total returns for the three broad S&amp;P indexes over the past six months, along with those of their value and growth subsets:</p><p><img src=\"https://static.tigerbbs.com/0e63cd85839b74ec79c0fdd789371f01\" tg-width=\"1242\" tg-height=\"428\"></p><p>So for all three indexes, the value groups have been in the lead for the past six months, as stocks have performed very well across the board.</p><p>But a long-term look at forward price-to-earnings valuations for exchange traded funds that track the groups shows a remarkable trend -- for mid-cap and small-cap stocks, P/E valuations for the value groups still appear relatively low.</p><p>First, let's look at large-caps -- here are the SPDR S&amp;P 500 ETF Trust <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a>, the <a href=\"https://laohu8.com/S/EEME\">iShares</a> S&amp;P 500 Value ETF <a href=\"https://laohu8.com/S/IVE\">$(IVE)$</a> and the SPDR Portfolio S&amp;P 500 Growth ETF <a href=\"https://laohu8.com/S/SPYG\">$(SPYG)$</a>:</p><p><img src=\"https://static.tigerbbs.com/fcb3602dcf8f7bf55944657020f0f7e3\" tg-width=\"1242\" tg-height=\"334\"></p><p>For the large-caps, P/E valuations are high across the board, but less so for value.</p><p>For mid-caps, here are  P/E comparisons for the <a href=\"https://laohu8.com/S/EGRW\">iShares</a> Core S&amp;P Mid Cap ETF <a href=\"https://laohu8.com/S/IJH\">$(IJH)$</a>, the SPDR S&amp;P 400 Mid Cap Value ETF <a href=\"https://laohu8.com/S/MDYV\">$(MDYV)$</a> and the <a href=\"https://laohu8.com/S/EMDI\">iShares</a> S&amp;P 500 Mid-cap 400 Growth ETF <a href=\"https://laohu8.com/S/IJK\">$(IJK)$</a>:</p><p><img src=\"https://static.tigerbbs.com/a0ebe986713e067cc68037f2816e84bc\" tg-width=\"1242\" tg-height=\"304\"></p><p>For small-cap stocks, here are P/E comparisons for the SPDR S&amp;P 600 Small Cap ETF <a href=\"https://laohu8.com/S/SLY\">$(SLY)$</a>, the <a href=\"https://laohu8.com/S/EMEY\">iShares</a> S&amp;P Small-Cap 600 Value ETF <a href=\"https://laohu8.com/S/IJS\">$(IJS)$</a> and the SPDR S&amp;P 600 Small Cap Growth ETF <a href=\"https://laohu8.com/S/SLYG\">$(SLYG)$</a>:</p><p><img src=\"https://static.tigerbbs.com/edc06e24728225e4387ff54a8dcfad02\" tg-width=\"1242\" tg-height=\"306\"></p><p>So for the small- and mid-cap value stocks, forward P/E ratios aren't very high when compared with 10-year averages, even after such a powerful rally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/26bf3bb7567240ee6086398a11a21c0a","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","SHO":"Sunstone Hotel Investors Inc","AUB":"Union First Market Bankshares Co","VAC":"万豪度假环球","OEF":"标普100指数ETF-iShares","UCTT":"超科林半导体","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","HRI":"Herc Holdings Inc.","OEX":"标普100",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF","CFG":"Citizens Financial Group"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2123291766","content_text":"Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investment highlight a handful of stocks that they say are still attractively priced.Value stocks have been on a tear over the past six months, as some growth stocks have fizzled out. But the value rally may still be at an early stage, according to two fund managers from different companies who hold small-cap and mid-cap stocks.Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investments both made the case that the value rally will continue, especially for small-cap and mid-cap companies. The two mutual fund managers highlighted stocks that, they say, remain attractively priced.At the bottom of this article are tables and charts showing how small- and mid-cap value stocks' price-to-earnings ratios haven't risen as much as those of the broad S&P indexes and their growth subsets.Tugman co-manages the Janus Henderson Small Cap Value Fund  with Craig Kempler, and also co-manages the Janus Henderson Mid Cap Value Fund  with Kevin Preloger. The Small Cap Value Fund is rated four stars (out of five) by Morningstar, while the Mid Cap Value Fund has a three-star rating.When discussing the broad market rally since the pandemic bottom in March 2020, Tugman said the unprecedented monetary and  fiscal stimulus has pushed some investors to suspend \"any common sense when it comes to valuation metrics.\"Following a long period during which growth stocks outperformed value, he believes investors' expectations for a rapidly growing U.S. economy and rising interest rates will continue to bode well for value stocks. He pointed out that periods of outperformance for value stocks have historically stretched over several years.Tugman said he and his colleagues tend to be \"risk-averse.\" When selecting new stocks for the portfolios they manage, they first consider downside risk, then focus on upside potential and come up with a risk/reward ratio. They steer clear of highly leveraged or unprofitable companies and those facing \"binary events,\" such as biotechnology developers holding trials.Tugman named three value stocks he believes are attractive today:Citizens Financial Group Inc. CFG of Providence, R.I., is a regional bank with $183 billion in assets and about 1,000 branches in 11 states. Tugman called the stock’s valuation “attractive at roughly 11 times estimated 2021 earnings.” He said the bank’s credit quality was strong and that it was well positioned to benefit from the steepening yield curve. Citizens is one of the largest holdings of the Janus Henderson Mid Cap Value Fund.United Community Banks Inc. UCBI is a holding of the Janus Henderson Small Cap Value Fund. It is based in Blairsville, Ga., has $17.8 billion in total assets, with branches in five states. The stock has a forward P/E ratio of 14.8, which is on the high side for a bank. “We do not think [that valuation is] egregious for a bank growing like they are,” Tugman said. He expects UCBI to continue growing its loan portfolio in the high single digits, which is an impressive organic growth rate for any bank.Another small-cap holding is Sunstone Hotel Investors Inc. SHO, which is a real-estate investment trust that owns hotel buildings and leases them to operators licensed by Marriott, Hilton and other well-known brands. Tugman said hotel closures during the pandemic had caused a “cash burn,” but that Sunstone’s balance sheet was still healthy. With the industry beginning to reopen, he believes “SHO sets up well for the long term.”Stadlinger is the lead manager for the Columbia Small Cap Value Fund II , and has been involved with the fund's management since 2002. Jarl Ginsberg co-manages the fund, which is rated four stars by Morningstar.During an interview, Stadlinger said that through 2019, small-cap growth stocks had been outperforming value for 10 years, because \"when growth is scarce, the market pays up more for growth.\" HE was referring to slow GDP growth in the U.S. But now economists polled by MarketWatch expect a 6% GDP growth rate for 2021.\"[T]here will be a whole lot more money being spent. When that happens, value stocks have historically outperformed,\" he said.The Columbia Small Cap Value Fund II holds about 100 stocks. Stadlinger said he and Ginsberg select value stocks they believe will turn into growth stocks as the companies' earnings improve. \"That's  how you get returns,\" he said.Companies held by the fund that Stadlinger expects to switch to growth from value include Sunstone Hotel Investors, which is also held by Janus Henderson and described above. \"All the indicators are positive\" for the company as the industry reopens at full strength, he said.Four more companies mentioned by Stadlinger:Herc Holdings Inc. HRI rents construction and earth-moving equipment. With the economy improving, “utilization is picking up quite a bit,” Stadlinger said. The company is based in Florida and mainly operates in southern states, where commercial and residential construction activity is strong. And Stadlinger believes a large round of federal infrastructure spending is “doable.”Marriott Vacations Worldwide Corp. VAC is a timeshare operator. This is an industry whose business model has changed, at least for such a large player. If you own a timeshare with Marriott Vacations, you earn points that can be used to make exchanges with other timeshare properties operated by the company. Stadlinger said that unlike hotel operators, timeshare companies have continued to collect maintenance fees from most customers during the pandemic. So they have been undervalued. And now, as the travel industry reopens, various other revenue streams are resuming, including restaurant and pool fees, he said.Atlantic Union Bankshares Corp. AUB is based in Richmond, Va., and has $19.6 billion in assets and 129 branches in three states. Stadllinger described AUB as the “largest independent bank left” in Virginia, with “very strong management” and good prospects for loan growth as the economy improves. He also believes the bank is a takeout target for J.P. Morgan Chase & Co. JPM or Bank of America Corp. BAC if they wish to have an expanded presence in the state.Ultra Clean Holdings Inc. UCTT makes chemicals and equipment used by semiconductor manufacturers. The stock trades for 15.9 times the consensus earnings estimate among analysts polled by FactSet. Stadlinger called UCTT “cheap” because of the growth prospects in its industry. The chip-making business is booming.Value vs growthThe broad stock market indexes are broken into overlapping value and growth groups. The value groups are larger, and the companies in them tend to have lower price-to-earnings and price-to-book ratios, as well as lower sales growth rates. The growth groups tend to have higher price valuations and higher growth rates. The companies in both camps show characteristics of both, or at least did the last time the indexes were rebalanced, which happens annually.Here are total returns for the three broad S&P indexes over the past six months, along with those of their value and growth subsets:So for all three indexes, the value groups have been in the lead for the past six months, as stocks have performed very well across the board.But a long-term look at forward price-to-earnings valuations for exchange traded funds that track the groups shows a remarkable trend -- for mid-cap and small-cap stocks, P/E valuations for the value groups still appear relatively low.First, let's look at large-caps -- here are the SPDR S&P 500 ETF Trust $(SPY.AU)$, the iShares S&P 500 Value ETF $(IVE)$ and the SPDR Portfolio S&P 500 Growth ETF $(SPYG)$:For the large-caps, P/E valuations are high across the board, but less so for value.For mid-caps, here are  P/E comparisons for the iShares Core S&P Mid Cap ETF $(IJH)$, the SPDR S&P 400 Mid Cap Value ETF $(MDYV)$ and the iShares S&P 500 Mid-cap 400 Growth ETF $(IJK)$:For small-cap stocks, here are P/E comparisons for the SPDR S&P 600 Small Cap ETF $(SLY)$, the iShares S&P Small-Cap 600 Value ETF $(IJS)$ and the SPDR S&P 600 Small Cap Growth ETF $(SLYG)$:So for the small- and mid-cap value stocks, forward P/E ratios aren't very high when compared with 10-year averages, even after such a powerful rally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349597636,"gmtCreate":1617623256025,"gmtModify":1704700972363,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Repl and like my comment. Thanks","listText":"Repl and like my comment. Thanks","text":"Repl and like my comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/349597636","repostId":"2125770763","repostType":4,"repost":{"id":"2125770763","kind":"highlight","pubTimestamp":1617622924,"share":"https://ttm.financial/m/news/2125770763?lang=&edition=fundamental","pubTime":"2021-04-05 19:42","market":"us","language":"en","title":"Better Buy for 2021: Pfizer or Gilead?","url":"https://stock-news.laohu8.com/highlight/detail?id=2125770763","media":"Motley Fool","summary":"In a post-pandemic world, one company has the lower valuation and higher dividend yield to be a success.","content":"<p>In a post-pandemic world, one company has the lower valuation and higher dividend yield to be a success.</p>\n<p>The performance of most pharmaceutical stocks has been underwhelming over the past year. The benchmark<b>&nbsp;<a href=\"https://laohu8.com/S/EEME\">iShares</a> US Pharmaceuticals ETF</b> (NYSEMKT:IHE)&nbsp;has underperformed the&nbsp;<b>S&amp;P 500</b> by almost 20% in this time, and some companies in particular look especially cheap. Their share prices have not kept pace with the broader bull market, and that presents a bargain opportunity for investors.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> big-name pharmaceuticals that have been making news a lot lately, much of that related to the COVID-19 pandemic, are&nbsp;<b>Pfizer</b>(NYSE:PFE) and&nbsp;<b>Gilead</b>(NASDAQ:GILD) (Pfizer with a vaccine in partnership with&nbsp;<b>BioNTech</b>, Gilead with a treatment called remdesivir). But while both have made COVID-related headlines, neither has seen a COVID-related boost -- both stocks are at a price-to-earnings ratio of less than 15, which is cheap from a valuation perspective in comparison to many peers. (<b>Johnson &amp; Johnson</b>(NYSE:PFE) and&nbsp;<b>Eli Lilly</b>(NYSE:PFE) carry P/E ratios of 17.27 and 22.47 respectively.) But if we look to the future and past the pandemic, there is potential for both Pfizer and Gilead to produce great results for investors.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8e7e80e06cd9333768a6a07b3455b01\" tg-width=\"700\" tg-height=\"466\"><span>Image Source: Getty Images.</span></p>\n<p><b>The case for Pfizer</b></p>\n<p>Founded in 1849 in Brooklyn, Pfizer has had a remarkable journey. After 172 years, the company remains in the foreground of innovation and breakthrough in new drugs and therapeutics. Over the past few decades, Pfizer has been the name behind such well-known drugs and consumer products as Advil, Bextra, Diflucan, Viagra, Chapstick, and Preparation H. And during the coronavirus pandemic, Pfizer's vaccine with BioNTech was the first to be approved by the FDA (on Dec. 11).</p>\n<p>As the world moves toward global inoculation, Pfizer stands to benefit with increasing revenue from this vaccine, which should bring in an estimated $15 billion in 2021 alone. &nbsp;For full-year 2021 guidance, management estimated revenue of between $59.4 billion and $61.4 billion, meaning the vaccine should account for about a quarter of the total.</p>\n<p>The company currently trades at a P/E of just 11.21 and offers investors a 4.3% dividend yield, much higher than the 1.37% average of the<b>S&amp;P 500</b> at this time. As mentioned before, Pfizer is trading at an extreme discount compared to its peers in the pharmaceutical space. With a bright future that I don't believe has been priced in yet by investors, this stock should be very tempting to add to portfolios.</p>\n<p><b>The case for Gilead</b></p>\n<p>Gilead Sciences joined many investors' watchlists (and portfolios) thanks to its COVID-19 treatment, remdesivir, which was approved Oct. 22 by the U.S. Food and Drug Administration. Within a month, though, the World Health Organization issued advice<i>against</i> using remdesivir, saying there was no evidence it improved survival or patient outcomes. Since then, the stock has languished around the $65 range. Despite the WHO announcing that Remdesivir does not do much to improve health of patients battling COVID-19, hospitals do continue to use it to treat patients in countries including India and Korea with moderate and severe infections.</p>\n<p>This was especially unfortunate given that, besides its efforts against COVID, the company seems to be in a tight spot. Its drug Biktarvy, a medicine to treat HIV, is its only product with increasing revenue in the past few years, with sales up 53% from 2019 to 2020. However, the company's other big names are flat or down, with Genvoya (for HIV) down 15%, Odefsy (for HIV-1) flat, and sofosbuvir (for hepatitis C) down 19% from 2019 to 2020.</p>\n<p>However, there is some good news as well -- the company looks to be expanding its business into new markets with the acquisition of a biotech company called Forty Seven. On March 10, Gilead committed buying all outstanding shares of FortySeven in an all-cash deal at a hefty $95 a share, which came to a $4.9 billion acquisition price.</p>\n<p>This move will help expand the company into cancer-fighting drugs, including magrolimab, an investigational monoclonal antibody that is being used against myelodysplastic syndrome, more often known as preleukemia. While the FDA has granted this drug fast-track status, hopefully meaning success for Gilead down the line, the future is still uncertain. While Gilead boasts a great 4.29% dividend yield, its P/E of only 9.26&nbsp;looks to be discounted for a reason.</p>\n<p>There is still tremendous uncertainty for future applications of remdesivir in relation to COVID-19. And the stagnation and decline in most of its core products is a concern. While we could see Biktarvy's growth expand enough to possibly offset the decline in its other products, the future is very unclear. One bright spot is the newly acquired magrolimab, which has been very successful in clinical trials and is classified as \"first in-class.\" This drug could generate meaningful returns sometime in the future.</p>\n<p><b>Which stock should you buy?</b></p>\n<p>Both Pfizer and Gilead seem stable coming out of the pandemic, but the former appears far more likely to provide investors with superior returns into the future. Both companies are trading at very cheap valuations -- but in Gilead's case, that's justified, as an investment there will require a lot of faith in management to navigate out of the current tight spot. Pfizer, however, is a stable business with a lot more potential to build out its vaccine business into the future.</p>\n<p>Pfizer announced March 23 that it plans to build out its mRNA vaccine business by itself and sees massive potential in this new venture. Pfizer's current vaccines business, which includes its pneumonia vaccine Prevnar 13, brought in nearly $6.58 billion, or about 16% of the drugmaker's total sales last year.&nbsp; Pfizer is a stock that provides healthcare investors with a vision for the future and currently seems to be the better buy right now.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Better Buy for 2021: Pfizer or Gilead?</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\">\nBetter Buy for 2021: Pfizer or Gilead?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/05/better-buy-for-2021-pfizer-or-gilead/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a post-pandemic world, one company has the lower valuation and higher dividend yield to be a success.\nThe performance of most pharmaceutical stocks has been underwhelming over the past year. The ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/05/better-buy-for-2021-pfizer-or-gilead/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","GILD":"吉利德科学"},"source_url":"https://www.fool.com/investing/2021/04/05/better-buy-for-2021-pfizer-or-gilead/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125770763","content_text":"In a post-pandemic world, one company has the lower valuation and higher dividend yield to be a success.\nThe performance of most pharmaceutical stocks has been underwhelming over the past year. The benchmark iShares US Pharmaceuticals ETF (NYSEMKT:IHE) has underperformed the S&P 500 by almost 20% in this time, and some companies in particular look especially cheap. Their share prices have not kept pace with the broader bull market, and that presents a bargain opportunity for investors.\nTwo big-name pharmaceuticals that have been making news a lot lately, much of that related to the COVID-19 pandemic, are Pfizer(NYSE:PFE) and Gilead(NASDAQ:GILD) (Pfizer with a vaccine in partnership with BioNTech, Gilead with a treatment called remdesivir). But while both have made COVID-related headlines, neither has seen a COVID-related boost -- both stocks are at a price-to-earnings ratio of less than 15, which is cheap from a valuation perspective in comparison to many peers. (Johnson & Johnson(NYSE:PFE) and Eli Lilly(NYSE:PFE) carry P/E ratios of 17.27 and 22.47 respectively.) But if we look to the future and past the pandemic, there is potential for both Pfizer and Gilead to produce great results for investors.\nImage Source: Getty Images.\nThe case for Pfizer\nFounded in 1849 in Brooklyn, Pfizer has had a remarkable journey. After 172 years, the company remains in the foreground of innovation and breakthrough in new drugs and therapeutics. Over the past few decades, Pfizer has been the name behind such well-known drugs and consumer products as Advil, Bextra, Diflucan, Viagra, Chapstick, and Preparation H. And during the coronavirus pandemic, Pfizer's vaccine with BioNTech was the first to be approved by the FDA (on Dec. 11).\nAs the world moves toward global inoculation, Pfizer stands to benefit with increasing revenue from this vaccine, which should bring in an estimated $15 billion in 2021 alone.  For full-year 2021 guidance, management estimated revenue of between $59.4 billion and $61.4 billion, meaning the vaccine should account for about a quarter of the total.\nThe company currently trades at a P/E of just 11.21 and offers investors a 4.3% dividend yield, much higher than the 1.37% average of theS&P 500 at this time. As mentioned before, Pfizer is trading at an extreme discount compared to its peers in the pharmaceutical space. With a bright future that I don't believe has been priced in yet by investors, this stock should be very tempting to add to portfolios.\nThe case for Gilead\nGilead Sciences joined many investors' watchlists (and portfolios) thanks to its COVID-19 treatment, remdesivir, which was approved Oct. 22 by the U.S. Food and Drug Administration. Within a month, though, the World Health Organization issued adviceagainst using remdesivir, saying there was no evidence it improved survival or patient outcomes. Since then, the stock has languished around the $65 range. Despite the WHO announcing that Remdesivir does not do much to improve health of patients battling COVID-19, hospitals do continue to use it to treat patients in countries including India and Korea with moderate and severe infections.\nThis was especially unfortunate given that, besides its efforts against COVID, the company seems to be in a tight spot. Its drug Biktarvy, a medicine to treat HIV, is its only product with increasing revenue in the past few years, with sales up 53% from 2019 to 2020. However, the company's other big names are flat or down, with Genvoya (for HIV) down 15%, Odefsy (for HIV-1) flat, and sofosbuvir (for hepatitis C) down 19% from 2019 to 2020.\nHowever, there is some good news as well -- the company looks to be expanding its business into new markets with the acquisition of a biotech company called Forty Seven. On March 10, Gilead committed buying all outstanding shares of FortySeven in an all-cash deal at a hefty $95 a share, which came to a $4.9 billion acquisition price.\nThis move will help expand the company into cancer-fighting drugs, including magrolimab, an investigational monoclonal antibody that is being used against myelodysplastic syndrome, more often known as preleukemia. While the FDA has granted this drug fast-track status, hopefully meaning success for Gilead down the line, the future is still uncertain. While Gilead boasts a great 4.29% dividend yield, its P/E of only 9.26 looks to be discounted for a reason.\nThere is still tremendous uncertainty for future applications of remdesivir in relation to COVID-19. And the stagnation and decline in most of its core products is a concern. While we could see Biktarvy's growth expand enough to possibly offset the decline in its other products, the future is very unclear. One bright spot is the newly acquired magrolimab, which has been very successful in clinical trials and is classified as \"first in-class.\" This drug could generate meaningful returns sometime in the future.\nWhich stock should you buy?\nBoth Pfizer and Gilead seem stable coming out of the pandemic, but the former appears far more likely to provide investors with superior returns into the future. Both companies are trading at very cheap valuations -- but in Gilead's case, that's justified, as an investment there will require a lot of faith in management to navigate out of the current tight spot. Pfizer, however, is a stable business with a lot more potential to build out its vaccine business into the future.\nPfizer announced March 23 that it plans to build out its mRNA vaccine business by itself and sees massive potential in this new venture. Pfizer's current vaccines business, which includes its pneumonia vaccine Prevnar 13, brought in nearly $6.58 billion, or about 16% of the drugmaker's total sales last year.  Pfizer is a stock that provides healthcare investors with a vision for the future and currently seems to be the better buy right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349532052,"gmtCreate":1617623909176,"gmtModify":1704700981646,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/349532052","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</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>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">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","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340709455,"gmtCreate":1617466102177,"gmtModify":1704699881048,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/340709455","repostId":"1121666420","repostType":4,"repost":{"id":"1121666420","kind":"news","pubTimestamp":1617365764,"share":"https://ttm.financial/m/news/1121666420?lang=&edition=fundamental","pubTime":"2021-04-02 20:16","market":"us","language":"en","title":"Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake","url":"https://stock-news.laohu8.com/highlight/detail?id=1121666420","media":"Motley Fool","summary":"It's never a bad time to search for beaten-down stocks that are profitable on paper.Searching forval","content":"<blockquote>It's never a bad time to search for beaten-down stocks that are profitable on paper.</blockquote><p>Searching forvalue stocksis pretty simple: Find financially robust companies that have performed poorly from a share price perspective, and buy them when they're down. When the share price comes back to reality, you'll be a winner. Wall Street has the habit of kicking a stock when it's down, as negative sentiment surrounding a particular name can spell doom for shareholders.</p><p>For those seeking value, these moments present an opportunity. Here, we'll look at three value stocks that have seen better days, but also have a good chance at rebounding.</p><p><b>Gilead Sciences</b></p><p>Over the past five years,<b>Gilead Sciences</b>(NASDAQ:GILD)has managed to lose about 40% of its value on the open market, and has vastly underperformed apassively held index fundover the same period (as shown below). As a market leader in the oncology, HIV, and hepatitis C drug markets, respectively, the company produces a suite of antivirals for typically hard-to-treat illnesses. While Gilead was -- and is -- front-and-center during the pandemic in its production of Veklury (more commonly known as remdesivir), it is not one of the major vaccine producers.</p><p>Perhaps the better news for those considering a Gilead investment is that the company is fundamentally quite strong. It trades at 9 times earnings, which is comparably cheap across the large-cap biotech sector. It projects a strong 2021, releasing guidance for revenue of $25 billion and EPS in the $7 range .</p><p>Put simply, the company trades at an attractive price relative to the earnings it generates, and the hope is that patients start treatment for other viral and chronic (non-COVID) illnesses now that the pandemic has waned a bit in the early part of the year.</p><p><img src=\"https://static.tigerbbs.com/3e7203dcf348bdd13924f561f04db9af\" tg-width=\"720\" tg-height=\"435\" referrerpolicy=\"no-referrer\"><b>DISH Network</b></p><p>Despite a stagnant stock price --<b>DISH Network</b>(NASDAQ:DISH)has fallen from just under $50 per share to around $35 today -- there is reason to believe a comeback is in the works. The stock currently trades at 11 times earnings, relatively cheap based on today's standards, and posted strong revenue growth in 2020, up about 40% from 2019.</p><p>DISH has engaged in a few creative partnerships; perhaps the most promising of the bunchis a pact with DraftKings, which seeks to offer sports betting from DISH set-top boxes. The underlying current here is that DISH Network has shown an ability to think outside the box, which is reflected in itsprofitability measures. It is a buy at its current price, and has an opportunity to stage a comeback in the coming years.</p><p><b>Tupperware Brands</b></p><p>While not the most high-flying name you've ever heard,<b>Tupperware Brands</b>(NYSE:TUP)simply runs a sustainably profitable business. Last year's earnings were $2.24 a share, and the stock currently trades around $25 per share, leading to a current price-to-earnings ratio of only about 11. While overall sales were down in 2020, profitable sales growth rose, a sign that the company is still able to control costs and make money in the most difficult of circumstances.</p><p>The stock has also lost two-thirds of its value since 2013 but remains profitable. According to its year-end press release, the company has been successful in restructuring its debt and executing on its turnaround plans (especially concerning its core businesses). Shares remain cheap for the moment, but the fact remains: The company makes money and has the financials to prove it.</p><p><b>When in doubt, seek value</b></p><p>The basic premise of value investing is to find profitable companies that happen to be on sale in the open market. While single-stock investing is far from a guaranteed strategy, it's worth looking into seemingly \"forgotten\" companies that simply have not yet had their day in the sun. Companies that have demonstrated their ability to grow and sustain profitability are your best bet, especially when they're cheap.</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>Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake</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\">\nWall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/wall-street-has-given-up-on-these-3-stocks-and-tha/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's never a bad time to search for beaten-down stocks that are profitable on paper.Searching forvalue stocksis pretty simple: Find financially robust companies that have performed poorly from a share...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/wall-street-has-given-up-on-these-3-stocks-and-tha/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DISH":"Dish Network","GILD":"吉利德科学"},"source_url":"https://www.fool.com/investing/2021/04/02/wall-street-has-given-up-on-these-3-stocks-and-tha/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121666420","content_text":"It's never a bad time to search for beaten-down stocks that are profitable on paper.Searching forvalue stocksis pretty simple: Find financially robust companies that have performed poorly from a share price perspective, and buy them when they're down. When the share price comes back to reality, you'll be a winner. Wall Street has the habit of kicking a stock when it's down, as negative sentiment surrounding a particular name can spell doom for shareholders.For those seeking value, these moments present an opportunity. Here, we'll look at three value stocks that have seen better days, but also have a good chance at rebounding.Gilead SciencesOver the past five years,Gilead Sciences(NASDAQ:GILD)has managed to lose about 40% of its value on the open market, and has vastly underperformed apassively held index fundover the same period (as shown below). As a market leader in the oncology, HIV, and hepatitis C drug markets, respectively, the company produces a suite of antivirals for typically hard-to-treat illnesses. While Gilead was -- and is -- front-and-center during the pandemic in its production of Veklury (more commonly known as remdesivir), it is not one of the major vaccine producers.Perhaps the better news for those considering a Gilead investment is that the company is fundamentally quite strong. It trades at 9 times earnings, which is comparably cheap across the large-cap biotech sector. It projects a strong 2021, releasing guidance for revenue of $25 billion and EPS in the $7 range .Put simply, the company trades at an attractive price relative to the earnings it generates, and the hope is that patients start treatment for other viral and chronic (non-COVID) illnesses now that the pandemic has waned a bit in the early part of the year.DISH NetworkDespite a stagnant stock price --DISH Network(NASDAQ:DISH)has fallen from just under $50 per share to around $35 today -- there is reason to believe a comeback is in the works. The stock currently trades at 11 times earnings, relatively cheap based on today's standards, and posted strong revenue growth in 2020, up about 40% from 2019.DISH has engaged in a few creative partnerships; perhaps the most promising of the bunchis a pact with DraftKings, which seeks to offer sports betting from DISH set-top boxes. The underlying current here is that DISH Network has shown an ability to think outside the box, which is reflected in itsprofitability measures. It is a buy at its current price, and has an opportunity to stage a comeback in the coming years.Tupperware BrandsWhile not the most high-flying name you've ever heard,Tupperware Brands(NYSE:TUP)simply runs a sustainably profitable business. Last year's earnings were $2.24 a share, and the stock currently trades around $25 per share, leading to a current price-to-earnings ratio of only about 11. While overall sales were down in 2020, profitable sales growth rose, a sign that the company is still able to control costs and make money in the most difficult of circumstances.The stock has also lost two-thirds of its value since 2013 but remains profitable. According to its year-end press release, the company has been successful in restructuring its debt and executing on its turnaround plans (especially concerning its core businesses). Shares remain cheap for the moment, but the fact remains: The company makes money and has the financials to prove it.When in doubt, seek valueThe basic premise of value investing is to find profitable companies that happen to be on sale in the open market. While single-stock investing is far from a guaranteed strategy, it's worth looking into seemingly \"forgotten\" companies that simply have not yet had their day in the sun. Companies that have demonstrated their ability to grow and sustain profitability are your best bet, especially when they're cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574045310314391","authorId":"3574045310314391","name":"Bluetan","avatar":"https://static.tigerbbs.com/f08bbb20e6f394d74fc7020c446c6248","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574045310314391","authorIdStr":"3574045310314391"},"content":"Please help to like and reply. Thanks","text":"Please help to like and reply. Thanks","html":"Please help to like and reply. Thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357061149,"gmtCreate":1617209191281,"gmtModify":1704697377395,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/357061149","repostId":"1146822774","repostType":4,"repost":{"id":"1146822774","kind":"news","pubTimestamp":1617202163,"share":"https://ttm.financial/m/news/1146822774?lang=&edition=fundamental","pubTime":"2021-03-31 22:49","market":"us","language":"en","title":"These infrastructure stocks could rise up to 41% in a year on Biden’s massive spending plan, analysts say","url":"https://stock-news.laohu8.com/highlight/detail?id=1146822774","media":"marketwatch","summary":"The president on Wednesday will release details of his “Build Back Better” plan, which includes $2 t","content":"<blockquote>The president on Wednesday will release details of his “Build Back Better” plan, which includes $2 trillion for infrastructure spending across the country.</blockquote><p>Earlier this month the U.S. got a grade of C-minus for infrastructure from the American Society of Civil Engineers. And that was an improvement.</p><p>President Biden on Wednesday is releasing details of his “Build Back Better” batch of spending plans, which include $2 trillion for infrastructure spending across the country.</p><p>So it is time for an updated look at which infrastructure stocks may be best positioned to benefit.</p><p>Here arelists of infrastructure stocksfavored by analysts at Stifel and Truist.</p><p>The Global X U.S. Infrastructure Development ETFPAVE,-0.34%provides an easy way to make a diverse investment in U.S. infrastructure. You can read more about it inthis articlefrom earlier this month after the U.S. got its poor infrastructure grade.</p><p>On March 30, with rumors about Biden’s plan swirling, PAVE rose 1% and in premarket trading March 31 it was up another 2%.</p><p><b>Updated list of infrastructure stocks</b></p><p>Here is an updated list of Wall Street analysts’ favorite U.S. infrastructure stocks.</p><p>Starting with the 100 stocks held by PAVE, there are 75 covered by at least five analysts polled by FactSet. Among those 75, here are the 20 with the most upside potential over the next 12 months implied by consensus price targets:</p><p><img src=\"https://static.tigerbbs.com/7e5ff430a8f9a984512056644d583c11\" tg-width=\"620\" tg-height=\"345\" referrerpolicy=\"no-referrer\">(FACTSET)</p><p>The company on the list with the most aggressive consensus price target is Team Inc.TISI,13.77%,which provides testing and repair services to the energy industry.</p><p>None of the companies on the list have “sell” or equivalent ratings among any of the analysts polled by FactSet. Only four have 100% “buy” or equivalent ratings:</p><ul><li>Columbus McKinnon Corp.CMCO,+0.63%makes cranes, hoisting equipment and other motion control products to secure materials.</li><li>Builders FirstSource Inc.BLDR,0.42%sells building supplies through 550 locations in 40 states.</li><li>Herc Holdings Inc.HRI,-0.74%rents construction and earth-moving equipment.&nbsp;It was included in a list of favoredsmall-cap value stocksby Christian Stadlinger of Columbia Threadneedle Investments.</li><li>Minerals Technologies Inc.MTX,-0.46%produces a variety of synthetic materials used in various industries.</li></ul>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These infrastructure stocks could rise up to 41% in a year on Biden’s massive spending plan, analysts say</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\">\nThese infrastructure stocks could rise up to 41% in a year on Biden’s massive spending plan, analysts say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 22:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-infrastructure-stocks-could-rise-up-to-41-in-a-year-on-bidens-massive-spending-plan-analysts-say-11617192926?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The president on Wednesday will release details of his “Build Back Better” plan, which includes $2 trillion for infrastructure spending across the country.Earlier this month the U.S. got a grade of C-...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-infrastructure-stocks-could-rise-up-to-41-in-a-year-on-bidens-massive-spending-plan-analysts-say-11617192926?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e9b7efcf2941c835778d2759c1d7a1b3","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/these-infrastructure-stocks-could-rise-up-to-41-in-a-year-on-bidens-massive-spending-plan-analysts-say-11617192926?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1146822774","content_text":"The president on Wednesday will release details of his “Build Back Better” plan, which includes $2 trillion for infrastructure spending across the country.Earlier this month the U.S. got a grade of C-minus for infrastructure from the American Society of Civil Engineers. And that was an improvement.President Biden on Wednesday is releasing details of his “Build Back Better” batch of spending plans, which include $2 trillion for infrastructure spending across the country.So it is time for an updated look at which infrastructure stocks may be best positioned to benefit.Here arelists of infrastructure stocksfavored by analysts at Stifel and Truist.The Global X U.S. Infrastructure Development ETFPAVE,-0.34%provides an easy way to make a diverse investment in U.S. infrastructure. You can read more about it inthis articlefrom earlier this month after the U.S. got its poor infrastructure grade.On March 30, with rumors about Biden’s plan swirling, PAVE rose 1% and in premarket trading March 31 it was up another 2%.Updated list of infrastructure stocksHere is an updated list of Wall Street analysts’ favorite U.S. infrastructure stocks.Starting with the 100 stocks held by PAVE, there are 75 covered by at least five analysts polled by FactSet. Among those 75, here are the 20 with the most upside potential over the next 12 months implied by consensus price targets:(FACTSET)The company on the list with the most aggressive consensus price target is Team Inc.TISI,13.77%,which provides testing and repair services to the energy industry.None of the companies on the list have “sell” or equivalent ratings among any of the analysts polled by FactSet. Only four have 100% “buy” or equivalent ratings:Columbus McKinnon Corp.CMCO,+0.63%makes cranes, hoisting equipment and other motion control products to secure materials.Builders FirstSource Inc.BLDR,0.42%sells building supplies through 550 locations in 40 states.Herc Holdings Inc.HRI,-0.74%rents construction and earth-moving equipment. It was included in a list of favoredsmall-cap value stocksby Christian Stadlinger of Columbia Threadneedle Investments.Minerals Technologies Inc.MTX,-0.46%produces a variety of synthetic materials used in various industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340803185,"gmtCreate":1617366856447,"gmtModify":1704699215043,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/340803185","repostId":"1176602902","repostType":4,"repost":{"id":"1176602902","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617366683,"share":"https://ttm.financial/m/news/1176602902?lang=&edition=fundamental","pubTime":"2021-04-02 20:31","market":"us","language":"en","title":"U.S. added 916,000 jobs in March, above expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1176602902","media":"Tiger Newspress","summary":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic grow","content":"<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. added 916,000 jobs in March, above expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. added 916,000 jobs in March, above expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-02 20:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176602902","content_text":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349539150,"gmtCreate":1617623390570,"gmtModify":1704700974951,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/349539150","repostId":"2125579247","repostType":4,"repost":{"id":"2125579247","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1617621115,"share":"https://ttm.financial/m/news/2125579247?lang=&edition=fundamental","pubTime":"2021-04-05 19:11","market":"us","language":"en","title":"Is The Era Of Meme Stocks And NFTs Already Over?","url":"https://stock-news.laohu8.com/highlight/detail?id=2125579247","media":"Benzinga","summary":"With an excess of stimulus money and time on their hands, people's attention landed on commission-fr","content":"<p><img src=\"https://static.tigerbbs.com/be46311cd2d33d0e3917aaedb8a121dc\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p><p>With an excess of stimulus money and time on their hands, people's attention landed on commission-free trading platforms, leading to an exuberant rise in prices this year.</p><p>Now, with vaccines rolling out, final stimulus checks being spent and warm weather returning, attention is returning to socializing and traveling.</p><p><b>Memes Fall Flat</b>: So goes the explanation for why prices in meme stocks have been flat since the frenzy reached fever pitch in late January, according to Bloomberg.</p><p>Searches for “Google flights” reached their a popularity score of 100 (the highest possible for a given period of time) in the past week, while searches for phrases like “stock trading” and “investing” have plunged, Bloomberg said, citing Google Trends data.</p><p>“The stimulus check impact on retail trading is waning,” Bloomberg quoted Edward Moya, senior market analyst at Oanda, as saying. “Many Americans are looking to go big on attending sporting events, traveling across the country, vacationing, visiting family and friends, and revamping wardrobes before going out to restaurants, pubs and returning to the office.”</p><p>Retail traders accounted for nearly 25% of trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic, Benzinga noted two weeks ago, citing Goldman Sachs.</p><p><b>NFT Prices Plunge</b>: Meanwhile, interest in another source of exuberance, non-fungible tokens, appears to be on the wane as well, just weeks after the $69.3 million Beeple artwork sale brought the digital innovation to the world's attention.</p><p>Average prices for NFTs peaked in February at about $1,400 but have fallen by almost 70% since then, according to Bloomberg, using data from NFT market-tracker Nonfungible.com.</p><p>Bitcoin.com noted a decline in interest in NTFs. The site said search terms for NFTs have been falling since mid-March highs on Google in the U.S. and worldwide, though the numbers still remain high, mostly in the 90s.</p><p>Bitcoin quoted an author who's written on NFTs saying that the market suffers from an oversupply as more people realize how easy NFTs are to create.</p><p>NFTs are not likely to go away, as they represent a new innovation with promising uses for proving ownership and tracking ownership history, as well as for people's online identities.</p><p>But the fall in prices suggests the recent boom was a temporary rush of excitement for a concept that's still taking shape.</p><p>Before long, the meme stocks and NFTs of early 2021 may appear in retrospect to have been nothing more than the oddities of a feverish pandemic.</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>Is The Era Of Meme Stocks And NFTs Already Over?</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\">\nIs The Era Of Meme Stocks And NFTs Already Over?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-05 19:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/be46311cd2d33d0e3917aaedb8a121dc\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p><p>With an excess of stimulus money and time on their hands, people's attention landed on commission-free trading platforms, leading to an exuberant rise in prices this year.</p><p>Now, with vaccines rolling out, final stimulus checks being spent and warm weather returning, attention is returning to socializing and traveling.</p><p><b>Memes Fall Flat</b>: So goes the explanation for why prices in meme stocks have been flat since the frenzy reached fever pitch in late January, according to Bloomberg.</p><p>Searches for “Google flights” reached their a popularity score of 100 (the highest possible for a given period of time) in the past week, while searches for phrases like “stock trading” and “investing” have plunged, Bloomberg said, citing Google Trends data.</p><p>“The stimulus check impact on retail trading is waning,” Bloomberg quoted Edward Moya, senior market analyst at Oanda, as saying. “Many Americans are looking to go big on attending sporting events, traveling across the country, vacationing, visiting family and friends, and revamping wardrobes before going out to restaurants, pubs and returning to the office.”</p><p>Retail traders accounted for nearly 25% of trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic, Benzinga noted two weeks ago, citing Goldman Sachs.</p><p><b>NFT Prices Plunge</b>: Meanwhile, interest in another source of exuberance, non-fungible tokens, appears to be on the wane as well, just weeks after the $69.3 million Beeple artwork sale brought the digital innovation to the world's attention.</p><p>Average prices for NFTs peaked in February at about $1,400 but have fallen by almost 70% since then, according to Bloomberg, using data from NFT market-tracker Nonfungible.com.</p><p>Bitcoin.com noted a decline in interest in NTFs. The site said search terms for NFTs have been falling since mid-March highs on Google in the U.S. and worldwide, though the numbers still remain high, mostly in the 90s.</p><p>Bitcoin quoted an author who's written on NFTs saying that the market suffers from an oversupply as more people realize how easy NFTs are to create.</p><p>NFTs are not likely to go away, as they represent a new innovation with promising uses for proving ownership and tracking ownership history, as well as for people's online identities.</p><p>But the fall in prices suggests the recent boom was a temporary rush of excitement for a concept that's still taking shape.</p><p>Before long, the meme stocks and NFTs of early 2021 may appear in retrospect to have been nothing more than the oddities of a feverish pandemic.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/acc24e12c653fec8b3649aea7072da90","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数",".IXIC":"NASDAQ Composite","GOOG":"谷歌",".SPX":"S&P 500 Index","GOOGL":"谷歌A","03086":"华夏纳指","09086":"华夏纳指-U",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125579247","content_text":"With an excess of stimulus money and time on their hands, people's attention landed on commission-free trading platforms, leading to an exuberant rise in prices this year.Now, with vaccines rolling out, final stimulus checks being spent and warm weather returning, attention is returning to socializing and traveling.Memes Fall Flat: So goes the explanation for why prices in meme stocks have been flat since the frenzy reached fever pitch in late January, according to Bloomberg.Searches for “Google flights” reached their a popularity score of 100 (the highest possible for a given period of time) in the past week, while searches for phrases like “stock trading” and “investing” have plunged, Bloomberg said, citing Google Trends data.“The stimulus check impact on retail trading is waning,” Bloomberg quoted Edward Moya, senior market analyst at Oanda, as saying. “Many Americans are looking to go big on attending sporting events, traveling across the country, vacationing, visiting family and friends, and revamping wardrobes before going out to restaurants, pubs and returning to the office.”Retail traders accounted for nearly 25% of trading activity in the past year, up from an average of about 10% over the decade prior to the pandemic, Benzinga noted two weeks ago, citing Goldman Sachs.NFT Prices Plunge: Meanwhile, interest in another source of exuberance, non-fungible tokens, appears to be on the wane as well, just weeks after the $69.3 million Beeple artwork sale brought the digital innovation to the world's attention.Average prices for NFTs peaked in February at about $1,400 but have fallen by almost 70% since then, according to Bloomberg, using data from NFT market-tracker Nonfungible.com.Bitcoin.com noted a decline in interest in NTFs. The site said search terms for NFTs have been falling since mid-March highs on Google in the U.S. and worldwide, though the numbers still remain high, mostly in the 90s.Bitcoin quoted an author who's written on NFTs saying that the market suffers from an oversupply as more people realize how easy NFTs are to create.NFTs are not likely to go away, as they represent a new innovation with promising uses for proving ownership and tracking ownership history, as well as for people's online identities.But the fall in prices suggests the recent boom was a temporary rush of excitement for a concept that's still taking shape.Before long, the meme stocks and NFTs of early 2021 may appear in retrospect to have been nothing more than the oddities of a feverish pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340700536,"gmtCreate":1617465992125,"gmtModify":1704699879595,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply my comment and like thanks","listText":"Reply my comment and like thanks","text":"Reply my comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/340700536","repostId":"1176602902","repostType":4,"repost":{"id":"1176602902","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617366683,"share":"https://ttm.financial/m/news/1176602902?lang=&edition=fundamental","pubTime":"2021-04-02 20:31","market":"us","language":"en","title":"U.S. added 916,000 jobs in March, above expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1176602902","media":"Tiger Newspress","summary":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic grow","content":"<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. added 916,000 jobs in March, above expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. added 916,000 jobs in March, above expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-02 20:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April&nbsp;2)&nbsp;Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.</p><p>Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.</p><p>Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.</p><p>The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.</p><p>Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.</p><p>Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.</p><p>At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.</p><p>The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.</p><p>The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176602902","content_text":"(April 2) Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.The report comes amid a slew of other indicators pointing to stronger growth as the U.S. tries to shake off the effects of the Covid-19 pandemic. States and municipalities across the country continue to reopen after a year of operating at reduced capacity.Business activity has returned to close to normal levels in much of the company despite the restrictions, with a tracker by Jeffries indicating that activity is at 93.5% of its pre-pandemic level.Data from Homebase shows that employees working and hours worked both gained sharply over the past month, with significant improvements in both hospitality and entertainment. Those have been the hardest-hit sectors, but have improved over the past two months as governments have loosened up on some of the harshest restrictions on activity.At the same time, manufacturing is enjoying a boom, with an Institute for Supply Management gauge of activity in the sector hitting its highest level since late 1983 in March.The pace of gains combined with the unprecedented level of government stimulus has kindled worries about inflation, though Federal Reserve officials say any increases will be temporary.The Fed is keeping a close eye on the jobs data, but policymakers have said repeatedly that even with the recent improvements the labor market is nowhere near a point that would push the central bank into raising interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571945551390863","authorId":"3571945551390863","name":"Athousand","avatar":"https://static.tigerbbs.com/faa5c081b358a43d59aab94cecc04f67","crmLevel":4,"crmLevelSwitch":0,"idStr":"3571945551390863","authorIdStr":"3571945551390863"},"content":"Done. Help me too!","text":"Done. Help me too!","html":"Done. Help me too!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355581355,"gmtCreate":1617085239477,"gmtModify":1704801763759,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/355581355","repostId":"2123265884","repostType":4,"repost":{"id":"2123265884","kind":"news","pubTimestamp":1617063977,"share":"https://ttm.financial/m/news/2123265884?lang=&edition=fundamental","pubTime":"2021-03-30 08:26","market":"us","language":"en","title":"One of World’s Greatest Hidden Fortunes Is Wiped Out in Days","url":"https://stock-news.laohu8.com/highlight/detail?id=2123265884","media":"Bloomberg","summary":"(Bloomberg) --From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwan","content":"<p>(Bloomberg) --</p><p>From his perch high above Midtown <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a>, just across from Carnegie Hall, Bill Hwang was quietly building <a href=\"https://laohu8.com/S/AONE\">one</a> of the world’s greatest fortunes.</p><p>Even on Wall Street, few ever noticed him -- until suddenly, everyone did.</p><p>Hwang and his private investment firm, Archegos Capital Management, are now at the center of <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest margin calls of all time -- a multibillion-dollar fiasco involving secretive market bets that were dangerously leveraged and unwound in a blink.</p><p>Hwang’s most recent ascent can be pieced together from stocks dumped by banks in recent days -- ViacomCBS Inc., Discovery Inc. GSX Techedu Inc., Baidu Inc. -- all of which had soared this year, sometimes confounding traders who couldn’t fathom why.</p><p>One part of Hwang’s portfolio, which has been traded in blocks since Friday by Goldman Sachs Group Inc., <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and Wells Fargo &amp; Co., was worth almost $40 billion last week. Bankers reckon that Archegos’s net capital -- essentially Hwang’s wealth -- had reached north of $10 billion. And as disposals keep emerging, estimates of his firm’s total positions keep climbing: tens of billions, $50 billion, even more than $100 billion.</p><p>It evaporated in mere days.</p><p>“I’ve never seen anything like this -- how quiet it was, how concentrated, and how fast it disappeared,” said Mike Novogratz, a career macro investor and former partner at Goldman Sachs who’s been trading since 1994. “This has to be one of the single greatest losses of personal wealth in history.”</p><p>Late Monday in New York, Archegos broke days of silence on the episode.</p><p>“This is a challenging time for the family office of Archegos Capital Management, our partners and employees,” Karen Kessler, a spokesperson for the firm, said in an emailed statement. “All plans are being discussed as Mr. Hwang and the team determine the best path forward.”</p><p>The cascade of trading losses has reverberated from New York to Zurich to Tokyo and beyond, and leaves myriad unanswered questions, including the big one: How could someone take such big risks, facilitated by so many banks, under the noses of regulators the world over?</p><p>One part of the answer is that Hwang set up as a family office with limited oversight and then employed financial derivatives to amass big stakes in companies without ever having to disclose them. Another part is that global banks embraced him as a lucrative customer, despite a record of insider trading and attempted market manipulation that drove him out of the hedge fund business a decade ago.</p><p>A disciple of hedge-fund legend Julian Robertson, Sung Kook “Bill” Hwang shuttered Tiger Asia Management and Tiger Asia Partners after settling an SEC civil lawsuit in 2012 accusing them of insider trading and manipulating Chinese banks stocks. Hwang and the firms paid $44 million, and he agreed to be barred from the investment advisory industry.</p><p>He soon opened Archegos -- Greek for “one who leads the way” -- and structured it as a family office.</p><p>Family offices that exclusively manage one fortune are generally exempt from registering as investment advisers with the U.S. Securities and Exchange Commission. So they don’t have to disclose their owners, executives or how much they manage -- rules designed to protect outsiders who invest in a fund. That approach makes sense for small family offices, but if they swell to the size of a hedge fund whale they can still pose risks, this time to outsiders in the broader market.</p><p>“This does raise questions about the regulation of family offices once again,” said Tyler Gellasch, a former SEC aide who now runs the Healthy Markets trade group. “The question is if it’s just friends and family why do we care? The answer is that they can have significant market impacts, and the SEC’s regulatory regime even after Dodd-Frank doesn’t clearly reflect that.”</p><p>Valuable Customer</p><p>Archegos established trading partnerships with firms including Nomura Holdings Inc., Morgan Stanley, Deutsche Bank AG and Credit Suisse Group AG. For a time after the SEC case, Goldman refused to do business with him on compliance grounds, but relented as rivals profited by meeting his needs.</p><p>The full picture of his holdings is still emerging, and it’s not clear what positions derailed, or what hedges he had set up.</p><p>One reason is that Hwang never filed a 13F report of his holdings, which every investment manager holding more than $100 million in U.S. equities must fill out at the end of each quarter. That’s because he appears to have structured his trades using total return swaps, essentially putting the positions on the banks’ balance sheets. Swaps also enable investors to add a lot of leverage to a portfolio.</p><p>Morgan Stanley and Goldman Sachs, for instance, are listed as the largest holders of GSX Techedu, a Chinese online tutoring company that’s been repeatedly targeted by short sellers. Banks may own shares for a variety of reasons that include hedging swap exposures from trades with their customers.</p><p>‘Unhappy Investors’</p><p>Goldman increased its position 54% in January, according to regulatory filings. Overall, banks reported holding at least 68% of GSX’s outstanding shares, according to a Bloomberg analysis of filings. Banks held at least 40% of IQIYI Inc, a Chinese video entertainment company, and 29% of ViacomCBS -- all of which Archegos had bet on big.</p><p>“I’m sure there are a number of really unhappy investors who have bought those names over the last couple of weeks,” and now regret it, Doug Cifu, chief executive officer of electronic-trading firm Virtu Financial Inc., said Monday in an interview on Bloomberg TV. He predicted regulators will examine whether “there should be more transparency and disclosure by a family office.”</p><p>Without the need to market his fund to external investors, Hwang’s strategies and performance remained secret from the outside world. Even as his fortune swelled, the 50-something kept a low profile. Despite once working for Robertson’s Tiger Management, he wasn’t well-known on Wall Street or in New York social circles.</p><p>Hwang is a trustee of the Fuller Theology Seminary, and co-founder of the Grace and Mercy Foundation, whose mission is to serve the poor and oppressed. The foundation had assets approaching $500 million at the end of 2018, according to its latest filing.</p><p>“It’s not all about the money, you know,” he said in a rare interview with a Fuller Institute executive in 2018, in which he spoke about his calling as an investor and his Christian faith. “It’s about the long term, and God certainly has a long-term view.”</p><p>His extraordinary run of fortune turned early last week as ViacomCBS Inc. announced a secondary offering of its shares. Its stock price plunged 9% the next day.</p><p>The value of other securities believed to be in Archegos’ portfolio based on the positions that were block traded followed.</p><p>By Thursday’s close, the value of the portfolio fell 27% -- more than enough to wipe out the equity of an investor who market participants estimate was six to eight times levered.</p><p>“You have to wonder who else is out there with one of these invisible fortunes,” said Novogratz. “The psychology of all that leverage with no risk management, it’s almost nihilism.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>One of World’s Greatest Hidden Fortunes Is Wiped Out in Days</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\">\nOne of World’s Greatest Hidden Fortunes Is Wiped Out in Days\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 08:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/one-world-greatest-hidden-fortunes-002617417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) --From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed ...</p>\n\n<a href=\"https://finance.yahoo.com/news/one-world-greatest-hidden-fortunes-002617417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/17922506a88170d05d18183452ba0cbe","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://finance.yahoo.com/news/one-world-greatest-hidden-fortunes-002617417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2123265884","content_text":"(Bloomberg) --From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him -- until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time -- a multibillion-dollar fiasco involving secretive market bets that were dangerously leveraged and unwound in a blink.Hwang’s most recent ascent can be pieced together from stocks dumped by banks in recent days -- ViacomCBS Inc., Discovery Inc. GSX Techedu Inc., Baidu Inc. -- all of which had soared this year, sometimes confounding traders who couldn’t fathom why.One part of Hwang’s portfolio, which has been traded in blocks since Friday by Goldman Sachs Group Inc., Morgan Stanley and Wells Fargo & Co., was worth almost $40 billion last week. Bankers reckon that Archegos’s net capital -- essentially Hwang’s wealth -- had reached north of $10 billion. And as disposals keep emerging, estimates of his firm’s total positions keep climbing: tens of billions, $50 billion, even more than $100 billion.It evaporated in mere days.“I’ve never seen anything like this -- how quiet it was, how concentrated, and how fast it disappeared,” said Mike Novogratz, a career macro investor and former partner at Goldman Sachs who’s been trading since 1994. “This has to be one of the single greatest losses of personal wealth in history.”Late Monday in New York, Archegos broke days of silence on the episode.“This is a challenging time for the family office of Archegos Capital Management, our partners and employees,” Karen Kessler, a spokesperson for the firm, said in an emailed statement. “All plans are being discussed as Mr. Hwang and the team determine the best path forward.”The cascade of trading losses has reverberated from New York to Zurich to Tokyo and beyond, and leaves myriad unanswered questions, including the big one: How could someone take such big risks, facilitated by so many banks, under the noses of regulators the world over?One part of the answer is that Hwang set up as a family office with limited oversight and then employed financial derivatives to amass big stakes in companies without ever having to disclose them. Another part is that global banks embraced him as a lucrative customer, despite a record of insider trading and attempted market manipulation that drove him out of the hedge fund business a decade ago.A disciple of hedge-fund legend Julian Robertson, Sung Kook “Bill” Hwang shuttered Tiger Asia Management and Tiger Asia Partners after settling an SEC civil lawsuit in 2012 accusing them of insider trading and manipulating Chinese banks stocks. Hwang and the firms paid $44 million, and he agreed to be barred from the investment advisory industry.He soon opened Archegos -- Greek for “one who leads the way” -- and structured it as a family office.Family offices that exclusively manage one fortune are generally exempt from registering as investment advisers with the U.S. Securities and Exchange Commission. So they don’t have to disclose their owners, executives or how much they manage -- rules designed to protect outsiders who invest in a fund. That approach makes sense for small family offices, but if they swell to the size of a hedge fund whale they can still pose risks, this time to outsiders in the broader market.“This does raise questions about the regulation of family offices once again,” said Tyler Gellasch, a former SEC aide who now runs the Healthy Markets trade group. “The question is if it’s just friends and family why do we care? The answer is that they can have significant market impacts, and the SEC’s regulatory regime even after Dodd-Frank doesn’t clearly reflect that.”Valuable CustomerArchegos established trading partnerships with firms including Nomura Holdings Inc., Morgan Stanley, Deutsche Bank AG and Credit Suisse Group AG. For a time after the SEC case, Goldman refused to do business with him on compliance grounds, but relented as rivals profited by meeting his needs.The full picture of his holdings is still emerging, and it’s not clear what positions derailed, or what hedges he had set up.One reason is that Hwang never filed a 13F report of his holdings, which every investment manager holding more than $100 million in U.S. equities must fill out at the end of each quarter. That’s because he appears to have structured his trades using total return swaps, essentially putting the positions on the banks’ balance sheets. Swaps also enable investors to add a lot of leverage to a portfolio.Morgan Stanley and Goldman Sachs, for instance, are listed as the largest holders of GSX Techedu, a Chinese online tutoring company that’s been repeatedly targeted by short sellers. Banks may own shares for a variety of reasons that include hedging swap exposures from trades with their customers.‘Unhappy Investors’Goldman increased its position 54% in January, according to regulatory filings. Overall, banks reported holding at least 68% of GSX’s outstanding shares, according to a Bloomberg analysis of filings. Banks held at least 40% of IQIYI Inc, a Chinese video entertainment company, and 29% of ViacomCBS -- all of which Archegos had bet on big.“I’m sure there are a number of really unhappy investors who have bought those names over the last couple of weeks,” and now regret it, Doug Cifu, chief executive officer of electronic-trading firm Virtu Financial Inc., said Monday in an interview on Bloomberg TV. He predicted regulators will examine whether “there should be more transparency and disclosure by a family office.”Without the need to market his fund to external investors, Hwang’s strategies and performance remained secret from the outside world. Even as his fortune swelled, the 50-something kept a low profile. Despite once working for Robertson’s Tiger Management, he wasn’t well-known on Wall Street or in New York social circles.Hwang is a trustee of the Fuller Theology Seminary, and co-founder of the Grace and Mercy Foundation, whose mission is to serve the poor and oppressed. The foundation had assets approaching $500 million at the end of 2018, according to its latest filing.“It’s not all about the money, you know,” he said in a rare interview with a Fuller Institute executive in 2018, in which he spoke about his calling as an investor and his Christian faith. “It’s about the long term, and God certainly has a long-term view.”His extraordinary run of fortune turned early last week as ViacomCBS Inc. announced a secondary offering of its shares. Its stock price plunged 9% the next day.The value of other securities believed to be in Archegos’ portfolio based on the positions that were block traded followed.By Thursday’s close, the value of the portfolio fell 27% -- more than enough to wipe out the equity of an investor who market participants estimate was six to eight times levered.“You have to wonder who else is out there with one of these invisible fortunes,” said Novogratz. “The psychology of all that leverage with no risk management, it’s almost nihilism.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574928367638029","authorId":"3574928367638029","name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","crmLevel":1,"crmLevelSwitch":0,"idStr":"3574928367638029","authorIdStr":"3574928367638029"},"content":"too greedy comment","text":"too greedy comment","html":"too greedy comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344348216,"gmtCreate":1618380630535,"gmtModify":1704709933043,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/344348216","repostId":"1140319269","repostType":4,"repost":{"id":"1140319269","kind":"news","pubTimestamp":1618361949,"share":"https://ttm.financial/m/news/1140319269?lang=&edition=fundamental","pubTime":"2021-04-14 08:59","market":"us","language":"en","title":"Cathie Wood sees these 2 trends as the next big things after electric vehicles","url":"https://stock-news.laohu8.com/highlight/detail?id=1140319269","media":"CNBC","summary":"Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trend","content":"<div>\n<p>Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trends after Tesla and electric vehicles.\n“We’re very excited about digital wallets,” Wood said on CNBC’s...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/13/cathie-wood-sees-these-2-trends-as-the-next-big-things-after-electric-vehicles.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>Cathie Wood sees these 2 trends as the next big things after electric vehicles</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\">\nCathie Wood sees these 2 trends as the next big things after electric vehicles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/13/cathie-wood-sees-these-2-trends-as-the-next-big-things-after-electric-vehicles.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trends after Tesla and electric vehicles.\n“We’re very excited about digital wallets,” Wood said on CNBC’s...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/13/cathie-wood-sees-these-2-trends-as-the-next-big-things-after-electric-vehicles.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRSP":"CRISPR Therapeutics AG","ARKK":"ARK Innovation ETF","PYPL":"PayPal","SQ":"Block","TSLA":"特斯拉","ARKF":"ARK Fintech Innovation ETF","NVTA":"Invitae Corporation","EXAS":"精密科学","ARKG":"ARK Genomic Revolution ETF"},"source_url":"https://www.cnbc.com/2021/04/13/cathie-wood-sees-these-2-trends-as-the-next-big-things-after-electric-vehicles.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1140319269","content_text":"Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trends after Tesla and electric vehicles.\n“We’re very excited about digital wallets,” Wood said on CNBC’s “The News with Shepard Smith”on Tuesday. “We really think that these digital wallets and two-sided market places, merchants and consumers...are going to usurp a lot of the role the banks play today.”\nWood — CIO and CEO of Ark Investment Management — has made a name for herself by investing in “disruptive innovation” stocks. Wood’s flagship fund, ARK Innovation, has seen more than $16.7 billion flood into the fund in the past year, according to FactSet.\nWood has big bets on names like Square and PayPal, which dominate the digital wallet space. Square is the second largest holding in Ark Innovation, representing more than 7% of the ETF.\nIn China, Wood said WeChat Pay and AliPay are the major players.\n“It’s going digital, its going mobile. A little bank branch in you’re pocket,” said Wood. “We’re going to have all kinds of financial services available through them, including loans, debit cards, credit cards, stock buying, bitcoin buying.”\nElsewhere, Wood said the genomics space is also set to hit escape velocity.\n“DNA sequencing is going to introduce science into healthcare decision making for the first time,” said Wood. “We can honestly say that until now more than half of all healthcare decisions were in some part made through guesses or experiences. Now we’re going to have the data.”\nARK’s Genomics ETF has big bets on Exact Sciences, which makes up nearly 5% of the ETF, and Invitae. CRISPR The rapeutics is another major holding in the ETF.\n“We’re going to be able to cure diseases that we never thought it would be possible to cure, including cancer,” said Wood.\nShares of ARK Innovation are up 2.5% this year and shares of ARK Genomic Revolution are up less than 1% in 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340703158,"gmtCreate":1617466185174,"gmtModify":1704699882341,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/340703158","repostId":"1181163636","repostType":4,"repost":{"id":"1181163636","kind":"news","pubTimestamp":1617364651,"share":"https://ttm.financial/m/news/1181163636?lang=&edition=fundamental","pubTime":"2021-04-02 19:57","market":"us","language":"en","title":"Treasury yields steady ahead of payrolls, with bullish guesses at +1 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1181163636","media":"seekingalpha","summary":"Rates are steady as the bond market awaits the March employment report, which many are expecting to ","content":"<p>Rates are steady as the bond market awaits the March employment report, which many are expecting to be the firstin a series of hard evidence of the economic recovery.</p>\n<p>The 10-year Treasury yield is flat at 1.68%. The 30-year is up a basis point to 2.35%(NYSEARCA:TBT)(NASDAQ:TLT).</p>\n<p>The stock market is closed,a rare occurrence on jobs day.</p>\n<p>Stock index futures are trading, albeit on low volume.</p>\n<p>S&amp;P futures(SPX)&nbsp;+0.3%, Nasdaq futures(NDX:IND)&nbsp;+0.3%, Dow futures(INDU)&nbsp;+0.2%.</p>\n<p>The consensus forecasts for payroll gains is ranging from +600K to +675K from Bloomberg. And the whisper number has grown to +800K.</p>\n<p>A few predictions, including Merrill Lynch, are calling for payroll gains of +1M.&nbsp;That would be the largest number of jobs created since August when the rebound from worst of the COVID lockdowns was in full swing.</p>\n<p>The unemployment rate is expected to drop to around 5.9% or 6%.</p>\n<p>\"I think the risk is on the upside during the initial phase of the reopening. Million plus job prints wouldn’t surprise me,\" Tim Duy of SGH Macro Advisors writes in a note. \"That said, the burst of super-fast job growth will likely be short-lived. Short-lived though it may be, it will still likely increase conviction that among market participants that the Fed will start hiking rates in 2023 with the risk of even a 2022 rate hike.\"</p>\n<p>Weekly jobless claims showed a surprise gain yesterday, but there are a couple of caveats. The March jobs report survey comes from the first half of the month, and jobless claims have been unreliable, with both fraudulent claims and unreliable reporting.</p>\n<p>Diane Swonk, chief economist at Grant Thornton, is also predicting a bullish gain of 1M jobs.</p>\n<p>\"Private sector payrolls are expected to rise by 850,000 while gains mostly at the state and local levels make up the remaining 150,000 of those increases,\" Swonk writes in a blog. \"Employment gains in restaurants, bars and accommodation are expected to account for more than half of overall job gains. Hiring in health care is also expected to post outsize gains.\"</p>\n<p>Seeking Alpha contributor Hale Stewart says yesterday's late jump in equities makes him\"very curious\" about the jobs report.</p>\n<p><img src=\"https://static.tigerbbs.com/fe550259e220d3bbacec3ab0df0365e0\" tg-width=\"1168\" tg-height=\"450\"></p>\n<p></p>\n<p></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>Treasury yields steady ahead of payrolls, with bullish guesses at +1 million</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\">\nTreasury yields steady ahead of payrolls, with bullish guesses at +1 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 19:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3678972-treasury-yields-steady-ahead-of-payrolls-with-bullish-guesses-at-1-million><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rates are steady as the bond market awaits the March employment report, which many are expecting to be the firstin a series of hard evidence of the economic recovery.\nThe 10-year Treasury yield is ...</p>\n\n<a href=\"https://seekingalpha.com/news/3678972-treasury-yields-steady-ahead-of-payrolls-with-bullish-guesses-at-1-million\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3678972-treasury-yields-steady-ahead-of-payrolls-with-bullish-guesses-at-1-million","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181163636","content_text":"Rates are steady as the bond market awaits the March employment report, which many are expecting to be the firstin a series of hard evidence of the economic recovery.\nThe 10-year Treasury yield is flat at 1.68%. The 30-year is up a basis point to 2.35%(NYSEARCA:TBT)(NASDAQ:TLT).\nThe stock market is closed,a rare occurrence on jobs day.\nStock index futures are trading, albeit on low volume.\nS&P futures(SPX) +0.3%, Nasdaq futures(NDX:IND) +0.3%, Dow futures(INDU) +0.2%.\nThe consensus forecasts for payroll gains is ranging from +600K to +675K from Bloomberg. And the whisper number has grown to +800K.\nA few predictions, including Merrill Lynch, are calling for payroll gains of +1M. That would be the largest number of jobs created since August when the rebound from worst of the COVID lockdowns was in full swing.\nThe unemployment rate is expected to drop to around 5.9% or 6%.\n\"I think the risk is on the upside during the initial phase of the reopening. Million plus job prints wouldn’t surprise me,\" Tim Duy of SGH Macro Advisors writes in a note. \"That said, the burst of super-fast job growth will likely be short-lived. Short-lived though it may be, it will still likely increase conviction that among market participants that the Fed will start hiking rates in 2023 with the risk of even a 2022 rate hike.\"\nWeekly jobless claims showed a surprise gain yesterday, but there are a couple of caveats. The March jobs report survey comes from the first half of the month, and jobless claims have been unreliable, with both fraudulent claims and unreliable reporting.\nDiane Swonk, chief economist at Grant Thornton, is also predicting a bullish gain of 1M jobs.\n\"Private sector payrolls are expected to rise by 850,000 while gains mostly at the state and local levels make up the remaining 150,000 of those increases,\" Swonk writes in a blog. \"Employment gains in restaurants, bars and accommodation are expected to account for more than half of overall job gains. Hiring in health care is also expected to post outsize gains.\"\nSeeking Alpha contributor Hale Stewart says yesterday's late jump in equities makes him\"very curious\" about the jobs report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572388238861982","authorId":"3572388238861982","name":"MGHuat","avatar":"https://static.tigerbbs.com/bd2cbc6e014ed9c700e2d9cd01ae2b08","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572388238861982","authorIdStr":"3572388238861982"},"content":"reply my comment please","text":"reply my comment please","html":"reply my comment please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340703945,"gmtCreate":1617466149887,"gmtModify":1704699881533,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/340703945","repostId":"2124758413","repostType":4,"repost":{"id":"2124758413","kind":"news","pubTimestamp":1617364800,"share":"https://ttm.financial/m/news/2124758413?lang=&edition=fundamental","pubTime":"2021-04-02 20:00","market":"us","language":"en","title":"Redfin Reports Homes Sell At Fastest Pace on Record--59% Under Contract within 2 Weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=2124758413","media":"PR Newswire","summary":"Early indicators of homebuyer demand reflect that more are throwing in the towel as prices climb to ","content":"<div>\n<p>Early indicators of homebuyer demand reflect that more are throwing in the towel as prices climb to new heights and mortgage rates tick up\n- Asking prices of newly listed homes hit new high of $353,...</p>\n\n<a href=\"https://finance.yahoo.com/news/redfin-reports-homes-sell-fastest-120000187.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>Redfin Reports Homes Sell At Fastest Pace on Record--59% Under Contract within 2 Weeks</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\">\nRedfin Reports Homes Sell At Fastest Pace on Record--59% Under Contract within 2 Weeks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/redfin-reports-homes-sell-fastest-120000187.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Early indicators of homebuyer demand reflect that more are throwing in the towel as prices climb to new heights and mortgage rates tick up\n- Asking prices of newly listed homes hit new high of $353,...</p>\n\n<a href=\"https://finance.yahoo.com/news/redfin-reports-homes-sell-fastest-120000187.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RDFN":"Redfin Corp"},"source_url":"https://finance.yahoo.com/news/redfin-reports-homes-sell-fastest-120000187.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2124758413","content_text":"Early indicators of homebuyer demand reflect that more are throwing in the towel as prices climb to new heights and mortgage rates tick up\n- Asking prices of newly listed homes hit new high of $353,500\n- Active listings fell 42% from the same period in 2020 to new all-time low\n- 59% of homes that went under contract had accepted an offer within two weeks\nSEATTLE, April 2, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The median home-sale price increased 17% year over year to $335,613—an all-time high—according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. However, year-over-year comparisons may more reflect the fact that this time last year, stay-at-home-orders halted both home-buying and selling activity. They don't necessarily reflect how the housing market has changed over the past year.\n\nBelow are other key housing market takeaways for more than 400 U.S. metro areas during the 4-week period ending March 28.\n\nAsking prices of newly listed homes rose 14% year over year to $353,500, an all-time high.\nPending home sales were up 38% from the same period in 2020, and up 28% from the same period 2019, which was a more typical year for the housing market. Compared to the previous four-week period, pending sales grew just 0.9%, the smallest growth between two Redfin housing market reports since the four-week period ending February 21, 2019.\nNew listings of homes for sale were down 2% from the same period in 2020, and down 5% from the same period in 2019.\nActive listings (the number of homes listed for sale at any point during the period) fell 42% from the same period in 2020 to a new all-time low. This is the largest decrease on record in this data, which goes back through 2016.\n59% of homes that went under contract had an accepted offer within the first two weeks on the market. This is a new all-time high for this measure since at least 2012 (as far back as Redfin's data for this measure goes). During the 7-day period ending March 28, 61% of homes sold in two weeks or less.\n47% of homes that went under contract had an accepted offer within one week of hitting the market, an all-time high and up from 33% during the same period a year earlier.\n41% of homes sold for more than their list price, an all-time high and 16 percentage points higher than the same period a year earlier.\nThe average sale-to-list price ratio, which measures how close homes are selling to their asking prices, increased to 100.4%, an all-time high and 2 percentage points higher than a year earlier.\nFor the 7-day period ending March 28, the seasonally adjusted Redfin Homebuyer Demand Index—a measure of requests for home tours and other services from Redfin agents—was up 148% from the same period a year ago, when housing demand was near the lowest point it would hit during the pandemic. Compared with the same one week period in 2019, demand is up 57%.\nMortgage purchase applications decreased 2% week over week (seasonally adjusted) and were up 39% from a year earlier (unadjusted) during the week ending March 26. For the week ending April 1, 30-year mortgage rates increased slightly to 3.18%, the highest level since June.\n\n\"Some homebuyers have reached their limit on bidding wars and soaring prices,\" said Redfin Chief Economist Daryl Fairweather. \"Add to the mix a dwindling number of homes for sale and rising mortgage rates, and the typical family that is still searching for an affordable house may have missed the boat. First-time homebuyers who were already stretching their budgets will have to make bigger compromises on size and location or resign to renting for another year. However, those who are flexible should look to the condo market where there's still a bit less competition. Looking ahead, Biden's infrastructure plan aims to incentivize zoning for multifamily homes, which could increase the supply of affordable homes and provide even more people a path to homeownership, but there is no guarantee the incentives would be enough for local governments to change their zoning practices.\"\nTo view the full report, including charts and methodology, please visit: https://www.redfin.com/news/housing-market-update-homes-sell-faster-than-ever/\nAbout Redfin\nRedfin (www.redfin.com) is a technology-powered real estate broker, instant home-buyer (iBuyer), lender, title insurer, and renovations company. We sell homes for more money and charge half the fee. We also run the country's #1 real-estate brokerage site. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can take an instant cash offer from Redfin or have our renovations crew fix up their home to sell for top dollar. Since launching in 2006, we've saved customers nearly $1 billion in commissions. We serve more than 95 markets across the U.S. and Canada and employ over 4,100 people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374744981,"gmtCreate":1619482637343,"gmtModify":1704724578499,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanks","listText":"Comment and like thanks","text":"Comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/374744981","repostId":"1157482757","repostType":4,"repost":{"id":"1157482757","kind":"news","pubTimestamp":1619441747,"share":"https://ttm.financial/m/news/1157482757?lang=&edition=fundamental","pubTime":"2021-04-26 20:55","market":"us","language":"en","title":"Breaking Point: How Mark Zuckerberg and Tim Cook Became Foes","url":"https://stock-news.laohu8.com/highlight/detail?id=1157482757","media":"THE NEW YORK TIMES","summary":"The chief executives of Facebook and Apple have opposing visions for the future of the internet. The","content":"<p>The chief executives of Facebook and Apple have opposing visions for the future of the internet. Their differences are set to escalate this week.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c074001378a2b1e46ecd9d710d019ed5\" tg-width=\"2048\" tg-height=\"1372\"><span>Facebook’s chief executive, Mark Zuckerberg, left, and Apple’s chief executive, Tim Cook.Credit...Mel Haasch</span></p>\n<p>SAN FRANCISCO — At a confab for tech and media moguls in Sun Valley, Idaho, in July 2019, Timothy D. Cook of Apple and Mark Zuckerberg of Facebook sat down to repair their fraying relationship.</p>\n<p>For years, the chief executives had met annually at the conference, which was held by the investment bank Allen &amp; Company, to catch up. But this time, Facebook was grappling with a data privacy scandal. Mr. Zuckerberg had been blasted by lawmakers, regulators and executives — including Mr. Cook — for letting the information of more than 50 million Facebook users be harvested by a voter-profiling firm,Cambridge Analytica, without their consent.</p>\n<p>At the meeting, Mr. Zuckerberg asked Mr. Cook how he would handle the fallout from the controversy, people with knowledge of the conversation said. Mr. Cook responded acidly that Facebook should delete any information that it had collected about people outside of its core apps.</p>\n<p>Mr. Zuckerberg was stunned, said the people, who were not authorized to speak publicly. Facebook depends on data about its users to target them with online ads and to make money. By urging Facebook to stop gathering that information, Mr. Cook was in effect telling Mr. Zuckerberg that his business was untenable. He ignored Mr. Cook’s advice.</p>\n<p>Two years later, Mr. Zuckerberg and Mr. Cook’s opposing positions have exploded into an all-out war. On Monday, Apple plans torelease a new privacy featurethat requires iPhone owners to explicitly choose whether to let apps like Facebook track them across other apps.</p>\n<p>One of the secrets of digital advertising is that companies like Facebook follow people’s online habits as they click on other programs, like Spotify and Amazon, on smartphones. That data helps advertisers pinpoint users’ interests and better target finely tuned ads. Now, many people are expected to say no to that tracking, delivering a blow to online advertising — and Facebook’s$70 billionbusiness.</p>\n<p>At the center of the fight are the two C.E.O.s. Their differences have long been evident. Mr. Cook, 60, is a polished executive whorose through Apple’s ranksby constructing efficient supply chains. Mr. Zuckerberg, 36, is a Harvard dropout who built a social-media empire with ananything-goes stance toward free speech.</p>\n<p>Those contrasts have widened with their deeply divergent visions for the digital future. Mr. Cook wants people to pay a premium — often to Apple — for a safer, more private version of the internet. It is a strategy that keeps Apple firmly in control. But Mr. Zuckerberg champions an “open” internet where services like Facebook are effectively free. In that scenario, advertisers foot the bill.</p>\n<p>The relationship between the chief executives has become increasingly chilly, people familiar with the men said. While Mr. Zuckerberg once took walks and dined withSteve Jobs, Apple’s late co-founder, he does not do so with Mr. Cook. Mr. Cook regularly met with Larry Page, Google’s co-founder, but he and Mr. Zuckerberg see each other infrequently at events like the Allen &amp; Company conference, these people said.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95d71b4fbfe01e5316a4109e13740240\" tg-width=\"1024\" tg-height=\"683\"><span>Mr. Zuckerberg, left, with Dan Rose, then a Facebook executive, and Sheryl Sandberg, chief operating officer, at the Allen &amp; Company conference in 2018.Credit...Drew Angerer/Getty Images</span></p>\n<p>The executives have also jabbed at each other. In 2017, a Washington political firm funded by Facebook and other Apple rivals published anonymous articles criticizing Mr. Cook and created a false campaign to draft him as a presidential candidate, presumably to upend his relationship with former President Donald J. Trump. And when Mr. Cook was asked by MSNBC in 2018 how he would deal with Facebook’s privacy issues if he was in Mr. Zuckerberg’s shoes, he replied, “I wouldn’t be in this situation.”</p>\n<p>Apple and Facebook declined to make Mr. Cook and Mr. Zuckerberg available for interviews and said the men have no personal animosity toward each other.</p>\n<p>Regarding the new privacy feature, Apple said, “We simply believe users should have the choice over the data that is being collected about them and how it’s used.”</p>\n<p>Facebook said Apple’s feature was not about privacy and was instead about profit.</p>\n<p>“Free, ad-supported services have been essential to the growth and vitality of the internet, but Apple is trying to rewrite the rules in a way that benefits them and holds back everyone else,” a spokeswoman said.</p>\n<p>A Chasm Opens</p>\n<p>Mr. Cook and Mr. Zuckerberg first intersected more than a decade ago, when Mr. Cook wassecond in command at Appleand Facebook was a start-up.</p>\n<p>At the time, Apple saw Facebook as a hedge against Google, the search giant that had expanded into mobile phone software with Android, a former Apple executive said. Around 2010,Eddy Cue, who leads Apple’s digital services, sought out Mr. Zuckerberg for a potential software partnership, the former executive said.</p>\n<p>In the ensuing meetings, Mr. Zuckerberg told Mr. Cue that Apple had to deliver a great deal for a partnership, or the social network would be happy to go it alone, this person said. Some Apple executives felt those interactions showed that Mr. Zuckerberg was arrogant, this person added.</p>\n<p>Two other people said that the talks were cordial and that they were confused by the characterization of the meetings. The discussions eventually led to a software feature that let iPhone owners share their photos directly to Facebook.</p>\n<p>But the friction had set the tone. The situation was complicated as Facebook and Apple also became mutually dependent. The iPhone was a key device for people to use Facebook’s mobile app. And Facebook’s apps — which later also included Instagram and the messaging service WhatsApp — have been some of the most downloaded programs from Apple’s App Store.</p>\n<p>By 2014, Facebook executives had grown fearful of the leverage that Apple had over the distribution of its apps with iPhone customers. Those concerns were compounded when Apple at times delayed updates of Facebook's apps through its App Store, said people familiar with the matter.</p>\n<p>In February 2014, when Facebook’s board met to discuss Project Cobalt, which was a potential acquisition of an unidentified large social app, Apple’s power was top of mind. Sheryl Sandberg, Facebook’s chief operating officer, argued for the deal partly to protect the social network from Apple’s and Google’s control over smartphone software, according tothe meeting’s minutes, which were released last year as part of a congressional investigation into tech companies.</p>\n<p>Adding another popular app to Facebook’s offerings “would make it more difficult for operating system providers to exclude the company’s mobile applications from mobile platforms,” Ms. Sandberg said.</p>\n<p>Mr. Cook, too, began thinking more negatively of Facebook, former Apple executives said. After the 2016 presidential election, federal authorities revealed thatRussians had misused Facebookto inflame American voters. In 2018, the Cambridge Analytica revelations broke, highlighting Facebook’s collection of user data.</p>\n<p>Mr. Cook decided to distance Apple from Facebook, the people said. While Mr. Cook had raised privacy as an issue as early as 2015, he ramped that up in 2018. Apple also unveiled a new corporate motto: “Privacy is a fundamental human right.”</p>\n<p>This was in line with Apple’s marketing pitch, which was that people should buy $1,000 iPhones to help protect themselves from the internet’s harms.</p>\n<p>When asked in an interview that year on MSNBC about Cambridge Analytica,Mr. Cook called the situation“dire” and suggested “some well-crafted regulation is necessary” for Facebook.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e19c00026ebeffc8621420f29e142ef4\" tg-width=\"1024\" tg-height=\"679\"><span>Mr. Cook spoke in 2018 at Apple’s developer conference about new tools for managing screen time.Credit...Marcio Jose Sanchez/Associated Press</span></p>\n<p>Then, at its 2018 developer conference, Apple unveiled technology changes that struck at Facebook’s ad business. Those included a built-in screen-time tracker for iPhones that let users set time limits on certain apps, which affected companies like Facebook that need people to spend time in apps to show them more ads.</p>\n<p>Apple also said that to protect people’s privacy, it would require companies to get permission from users of its Safari internet browser to track them across different websites. Facebook has used such “cookie” tracking technology to gather data, which enables it to charge advertisers more.</p>\n<p>“It really spoke to the power of Apple controlling the operating system,” said Brian Wieser, president of business intelligence at GroupM, an advertising industry firm.“Facebook isn’t in control of its own destiny.”</p>\n<p>At Facebook, Apple’s privacy moves were viewed as hypocritical, said three current and former Facebook employees. Apple has long had a lucrative arrangement withGoogleto plug Google’s data-hungry search engine into Apple products, for instance. Facebook executives also noted that Apple was entrenched in China, where the government surveils its citizens.</p>\n<p>Privately, Mr. Zuckerberg told his lieutenants that Facebook “needed to inflict pain” upon Apple and Mr. Cook, said a person with knowledge of the discussions. The Wall Street Journalpreviously reportedMr. Zuckerberg’s comment.</p>\n<p>Behind the scenes, that work had already begun. In 2017, Facebook had expanded its work withDefiners Public Affairs, a Washington firm that specialized in opposition research against its clients’ political foes. Definers employees distributed research about Apple’s compromises in China to reporters, and a website affiliated with Definers published articles criticizing Mr. Cook, according to documents and former Definers employees.</p>\n<p>Definers also began an “astroturfing” campaign to draft Mr. Cook as a 2020 presidential candidate, presumably to put him in President Trump’s cross hairs, The New York Timesreported in 2018. A website, “Draft Tim Cook 2020,” featured a lofty quote from the chief executive and a model campaign platform for him. Data behind the website linked it to Definers.</p>\n<p>(Definers’ work against Apple was also funded by Qualcomm, another Apple rival, according to a Definers employee. Facebook fired Definers after The Times reported on its activity.)</p>\n<p>Apple and Facebook have also started competing in other areas, including messaging, mobile gaming and “mixed-reality” headsets, which are essentially eyeglasses that mix digital images into a person’s view of the world.</p>\n<p>By the 2019 Sun Valley meeting, Mr. Zuckerberg’s and Mr. Cook’s relationship had reached a low. Then it got even worse.</p>\n<p>App Tracking</p>\n<p>At Apple’s virtual developer conference last June, Katie Skinner, a manager on the privacy team, announced that the company planned a new iPhone feature to require apps to get users’ consent to track them across different apps. She discussed it for just 20 seconds.</p>\n<p>To Facebook, it was a declaration of war, three current and former employees said. If people were given the option to not be tracked, that could hurt Facebook’s ad business, the executives figured.</p>\n<p>Over the next few months, Facebook and Apple sniped at each other over the feature in letters to privacy organizations and advertising coalitions. Then in December,Facebooktook out full-page ads in The Times and other publications about the change. It declared Apple’s privacy feature would hurt small businesses’ ability to advertise and said it was “standing up to Apple.”</p>\n<p>Facebook also met with advertising clients to warn them about Apple’s change, according to a copy of a December video presentation that was viewed by The Times.</p>\n<p>“Apple made unilateral decisions without consulting the industry about a policy that will have far-reaching harm on businesses of all sizes,” a Facebook product director said in the presentation. “The impact of Apple’s changes makes it harder to grow. And for some, even survive.”</p>\n<p>Apple delayed the feature so apps and advertisers could prepare, but Mr. Cook refused to change how it worked. And in a picture to show the new feature, Apple used an image of a familiar app: Facebook.</p>\n<p>Mr. Zuckerberg has since shifted his tune about Apple’s move. With Wall Street nervous about the effect on Facebook’s business, he said ina March interviewon the audio chat app Clubhouse that Apple’s feature could benefit the social network. If advertisers struggled to find customers across different apps, he said, they might gravitate more toward Facebook because of its already enormous troves of data.</p>\n<p>“It’s possible that we may even be in a stronger position,” he said.</p>\n<p>But Mr. Zuckerberg has also been blunt about Facebook’s feelings on Apple. “We increasingly see Apple as one of our biggest competitors,” he said in anearnings callthis year.</p>\n<p>Even on that point, Mr. Cook has disagreed.</p>\n<p>“I’m not focused on Facebook,” he toldThe Timesthis month. “I think that we compete in some things. But no, if I’m asked who our biggest competitors are, they would not be listed.”</p>","source":"lsy1608616134662","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>Breaking Point: How Mark Zuckerberg and Tim Cook Became Foes</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\">\nBreaking Point: How Mark Zuckerberg and Tim Cook Became Foes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 20:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nytimes.com/2021/04/26/technology/mark-zuckerberg-tim-cook-facebook-apple.html><strong>THE NEW YORK TIMES</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The chief executives of Facebook and Apple have opposing visions for the future of the internet. Their differences are set to escalate this week.\nFacebook’s chief executive, Mark Zuckerberg, left, and...</p>\n\n<a href=\"https://www.nytimes.com/2021/04/26/technology/mark-zuckerberg-tim-cook-facebook-apple.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.nytimes.com/2021/04/26/technology/mark-zuckerberg-tim-cook-facebook-apple.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157482757","content_text":"The chief executives of Facebook and Apple have opposing visions for the future of the internet. Their differences are set to escalate this week.\nFacebook’s chief executive, Mark Zuckerberg, left, and Apple’s chief executive, Tim Cook.Credit...Mel Haasch\nSAN FRANCISCO — At a confab for tech and media moguls in Sun Valley, Idaho, in July 2019, Timothy D. Cook of Apple and Mark Zuckerberg of Facebook sat down to repair their fraying relationship.\nFor years, the chief executives had met annually at the conference, which was held by the investment bank Allen & Company, to catch up. But this time, Facebook was grappling with a data privacy scandal. Mr. Zuckerberg had been blasted by lawmakers, regulators and executives — including Mr. Cook — for letting the information of more than 50 million Facebook users be harvested by a voter-profiling firm,Cambridge Analytica, without their consent.\nAt the meeting, Mr. Zuckerberg asked Mr. Cook how he would handle the fallout from the controversy, people with knowledge of the conversation said. Mr. Cook responded acidly that Facebook should delete any information that it had collected about people outside of its core apps.\nMr. Zuckerberg was stunned, said the people, who were not authorized to speak publicly. Facebook depends on data about its users to target them with online ads and to make money. By urging Facebook to stop gathering that information, Mr. Cook was in effect telling Mr. Zuckerberg that his business was untenable. He ignored Mr. Cook’s advice.\nTwo years later, Mr. Zuckerberg and Mr. Cook’s opposing positions have exploded into an all-out war. On Monday, Apple plans torelease a new privacy featurethat requires iPhone owners to explicitly choose whether to let apps like Facebook track them across other apps.\nOne of the secrets of digital advertising is that companies like Facebook follow people’s online habits as they click on other programs, like Spotify and Amazon, on smartphones. That data helps advertisers pinpoint users’ interests and better target finely tuned ads. Now, many people are expected to say no to that tracking, delivering a blow to online advertising — and Facebook’s$70 billionbusiness.\nAt the center of the fight are the two C.E.O.s. Their differences have long been evident. Mr. Cook, 60, is a polished executive whorose through Apple’s ranksby constructing efficient supply chains. Mr. Zuckerberg, 36, is a Harvard dropout who built a social-media empire with ananything-goes stance toward free speech.\nThose contrasts have widened with their deeply divergent visions for the digital future. Mr. Cook wants people to pay a premium — often to Apple — for a safer, more private version of the internet. It is a strategy that keeps Apple firmly in control. But Mr. Zuckerberg champions an “open” internet where services like Facebook are effectively free. In that scenario, advertisers foot the bill.\nThe relationship between the chief executives has become increasingly chilly, people familiar with the men said. While Mr. Zuckerberg once took walks and dined withSteve Jobs, Apple’s late co-founder, he does not do so with Mr. Cook. Mr. Cook regularly met with Larry Page, Google’s co-founder, but he and Mr. Zuckerberg see each other infrequently at events like the Allen & Company conference, these people said.\nMr. Zuckerberg, left, with Dan Rose, then a Facebook executive, and Sheryl Sandberg, chief operating officer, at the Allen & Company conference in 2018.Credit...Drew Angerer/Getty Images\nThe executives have also jabbed at each other. In 2017, a Washington political firm funded by Facebook and other Apple rivals published anonymous articles criticizing Mr. Cook and created a false campaign to draft him as a presidential candidate, presumably to upend his relationship with former President Donald J. Trump. And when Mr. Cook was asked by MSNBC in 2018 how he would deal with Facebook’s privacy issues if he was in Mr. Zuckerberg’s shoes, he replied, “I wouldn’t be in this situation.”\nApple and Facebook declined to make Mr. Cook and Mr. Zuckerberg available for interviews and said the men have no personal animosity toward each other.\nRegarding the new privacy feature, Apple said, “We simply believe users should have the choice over the data that is being collected about them and how it’s used.”\nFacebook said Apple’s feature was not about privacy and was instead about profit.\n“Free, ad-supported services have been essential to the growth and vitality of the internet, but Apple is trying to rewrite the rules in a way that benefits them and holds back everyone else,” a spokeswoman said.\nA Chasm Opens\nMr. Cook and Mr. Zuckerberg first intersected more than a decade ago, when Mr. Cook wassecond in command at Appleand Facebook was a start-up.\nAt the time, Apple saw Facebook as a hedge against Google, the search giant that had expanded into mobile phone software with Android, a former Apple executive said. Around 2010,Eddy Cue, who leads Apple’s digital services, sought out Mr. Zuckerberg for a potential software partnership, the former executive said.\nIn the ensuing meetings, Mr. Zuckerberg told Mr. Cue that Apple had to deliver a great deal for a partnership, or the social network would be happy to go it alone, this person said. Some Apple executives felt those interactions showed that Mr. Zuckerberg was arrogant, this person added.\nTwo other people said that the talks were cordial and that they were confused by the characterization of the meetings. The discussions eventually led to a software feature that let iPhone owners share their photos directly to Facebook.\nBut the friction had set the tone. The situation was complicated as Facebook and Apple also became mutually dependent. The iPhone was a key device for people to use Facebook’s mobile app. And Facebook’s apps — which later also included Instagram and the messaging service WhatsApp — have been some of the most downloaded programs from Apple’s App Store.\nBy 2014, Facebook executives had grown fearful of the leverage that Apple had over the distribution of its apps with iPhone customers. Those concerns were compounded when Apple at times delayed updates of Facebook's apps through its App Store, said people familiar with the matter.\nIn February 2014, when Facebook’s board met to discuss Project Cobalt, which was a potential acquisition of an unidentified large social app, Apple’s power was top of mind. Sheryl Sandberg, Facebook’s chief operating officer, argued for the deal partly to protect the social network from Apple’s and Google’s control over smartphone software, according tothe meeting’s minutes, which were released last year as part of a congressional investigation into tech companies.\nAdding another popular app to Facebook’s offerings “would make it more difficult for operating system providers to exclude the company’s mobile applications from mobile platforms,” Ms. Sandberg said.\nMr. Cook, too, began thinking more negatively of Facebook, former Apple executives said. After the 2016 presidential election, federal authorities revealed thatRussians had misused Facebookto inflame American voters. In 2018, the Cambridge Analytica revelations broke, highlighting Facebook’s collection of user data.\nMr. Cook decided to distance Apple from Facebook, the people said. While Mr. Cook had raised privacy as an issue as early as 2015, he ramped that up in 2018. Apple also unveiled a new corporate motto: “Privacy is a fundamental human right.”\nThis was in line with Apple’s marketing pitch, which was that people should buy $1,000 iPhones to help protect themselves from the internet’s harms.\nWhen asked in an interview that year on MSNBC about Cambridge Analytica,Mr. Cook called the situation“dire” and suggested “some well-crafted regulation is necessary” for Facebook.\nMr. Cook spoke in 2018 at Apple’s developer conference about new tools for managing screen time.Credit...Marcio Jose Sanchez/Associated Press\nThen, at its 2018 developer conference, Apple unveiled technology changes that struck at Facebook’s ad business. Those included a built-in screen-time tracker for iPhones that let users set time limits on certain apps, which affected companies like Facebook that need people to spend time in apps to show them more ads.\nApple also said that to protect people’s privacy, it would require companies to get permission from users of its Safari internet browser to track them across different websites. Facebook has used such “cookie” tracking technology to gather data, which enables it to charge advertisers more.\n“It really spoke to the power of Apple controlling the operating system,” said Brian Wieser, president of business intelligence at GroupM, an advertising industry firm.“Facebook isn’t in control of its own destiny.”\nAt Facebook, Apple’s privacy moves were viewed as hypocritical, said three current and former Facebook employees. Apple has long had a lucrative arrangement withGoogleto plug Google’s data-hungry search engine into Apple products, for instance. Facebook executives also noted that Apple was entrenched in China, where the government surveils its citizens.\nPrivately, Mr. Zuckerberg told his lieutenants that Facebook “needed to inflict pain” upon Apple and Mr. Cook, said a person with knowledge of the discussions. The Wall Street Journalpreviously reportedMr. Zuckerberg’s comment.\nBehind the scenes, that work had already begun. In 2017, Facebook had expanded its work withDefiners Public Affairs, a Washington firm that specialized in opposition research against its clients’ political foes. Definers employees distributed research about Apple’s compromises in China to reporters, and a website affiliated with Definers published articles criticizing Mr. Cook, according to documents and former Definers employees.\nDefiners also began an “astroturfing” campaign to draft Mr. Cook as a 2020 presidential candidate, presumably to put him in President Trump’s cross hairs, The New York Timesreported in 2018. A website, “Draft Tim Cook 2020,” featured a lofty quote from the chief executive and a model campaign platform for him. Data behind the website linked it to Definers.\n(Definers’ work against Apple was also funded by Qualcomm, another Apple rival, according to a Definers employee. Facebook fired Definers after The Times reported on its activity.)\nApple and Facebook have also started competing in other areas, including messaging, mobile gaming and “mixed-reality” headsets, which are essentially eyeglasses that mix digital images into a person’s view of the world.\nBy the 2019 Sun Valley meeting, Mr. Zuckerberg’s and Mr. Cook’s relationship had reached a low. Then it got even worse.\nApp Tracking\nAt Apple’s virtual developer conference last June, Katie Skinner, a manager on the privacy team, announced that the company planned a new iPhone feature to require apps to get users’ consent to track them across different apps. She discussed it for just 20 seconds.\nTo Facebook, it was a declaration of war, three current and former employees said. If people were given the option to not be tracked, that could hurt Facebook’s ad business, the executives figured.\nOver the next few months, Facebook and Apple sniped at each other over the feature in letters to privacy organizations and advertising coalitions. Then in December,Facebooktook out full-page ads in The Times and other publications about the change. It declared Apple’s privacy feature would hurt small businesses’ ability to advertise and said it was “standing up to Apple.”\nFacebook also met with advertising clients to warn them about Apple’s change, according to a copy of a December video presentation that was viewed by The Times.\n“Apple made unilateral decisions without consulting the industry about a policy that will have far-reaching harm on businesses of all sizes,” a Facebook product director said in the presentation. “The impact of Apple’s changes makes it harder to grow. And for some, even survive.”\nApple delayed the feature so apps and advertisers could prepare, but Mr. Cook refused to change how it worked. And in a picture to show the new feature, Apple used an image of a familiar app: Facebook.\nMr. Zuckerberg has since shifted his tune about Apple’s move. With Wall Street nervous about the effect on Facebook’s business, he said ina March interviewon the audio chat app Clubhouse that Apple’s feature could benefit the social network. If advertisers struggled to find customers across different apps, he said, they might gravitate more toward Facebook because of its already enormous troves of data.\n“It’s possible that we may even be in a stronger position,” he said.\nBut Mr. Zuckerberg has also been blunt about Facebook’s feelings on Apple. “We increasingly see Apple as one of our biggest competitors,” he said in anearnings callthis year.\nEven on that point, Mr. Cook has disagreed.\n“I’m not focused on Facebook,” he toldThe Timesthis month. “I think that we compete in some things. But no, if I’m asked who our biggest competitors are, they would not be listed.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344807719,"gmtCreate":1618392776231,"gmtModify":1704710108758,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/344807719","repostId":"1107166881","repostType":4,"repost":{"id":"1107166881","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618387675,"share":"https://ttm.financial/m/news/1107166881?lang=&edition=fundamental","pubTime":"2021-04-14 16:07","market":"us","language":"en","title":"Blockchain stocks surged in  Wednesday premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1107166881","media":"Tiger Newspress","summary":"(April 14) Blockchain stocks rose in Wednesday premarket trading.The price of the world's most popul","content":"<p>(April 14)&nbsp;Blockchain stocks rose in Wednesday&nbsp;premarket trading.</p><p><img src=\"https://static.tigerbbs.com/05cfcd31e8d483ddd1c0422eb5d7f8be\" tg-width=\"293\" tg-height=\"331\" referrerpolicy=\"no-referrer\">The price of the world's most popular cryptocurrency marched to fresh highs on Wednesday, as investors awaited the first listing of a digital exchange on Wall Street.</p><p>Bitcoin took out Tuesday's fresh record high above $63,000 , reaching $64,368, a gain of 6% over the past 24 hours. And the gains weren't reserved only for bitcoin, as ether , on the Ethereum network, has gained around 10% over the same period, reaching a fresh record at nearly $2,370 early Wednesday. XRP , which is pegged to Ripple, has jumped 33% in 24 hours, last trading at a new high of $1.95.</p><p>On Wednesday, Coinbase will begin trading on the Nasdaq under the symbol \"COIN\" as a direct listing. meaning it isn't raising any capital as a traditional IPO would. The digital platform was given a reference price of $250 a share late Tuesday evening, which values it at close to $50 billion.</p><p>The reference price doesn't determine where the stock will open, but investor enthusiasm has been building, and analysts say that's reflected in the recent surging prices of digital currencies. Trading on the exchange is centered mainly on bitcoin and Ether, the biggest cryptocurrencies.</p><p>\"Listing of Coinbase in the U.S. is a big deal for many investors because it somehow sends a signal that the U.S. lawmakers aren't going to ban bitcoin, and the crypto king is here to stay now,\" said Naeem Aslam, chief market analyst at AvaTrade, in a note to clients. Yet some have cautioned that Coinbase's valuation may be far too lofty.</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>Blockchain stocks surged in  Wednesday premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlockchain stocks surged in  Wednesday premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-14 16:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 14)&nbsp;Blockchain stocks rose in Wednesday&nbsp;premarket trading.</p><p><img src=\"https://static.tigerbbs.com/05cfcd31e8d483ddd1c0422eb5d7f8be\" tg-width=\"293\" tg-height=\"331\" referrerpolicy=\"no-referrer\">The price of the world's most popular cryptocurrency marched to fresh highs on Wednesday, as investors awaited the first listing of a digital exchange on Wall Street.</p><p>Bitcoin took out Tuesday's fresh record high above $63,000 , reaching $64,368, a gain of 6% over the past 24 hours. And the gains weren't reserved only for bitcoin, as ether , on the Ethereum network, has gained around 10% over the same period, reaching a fresh record at nearly $2,370 early Wednesday. XRP , which is pegged to Ripple, has jumped 33% in 24 hours, last trading at a new high of $1.95.</p><p>On Wednesday, Coinbase will begin trading on the Nasdaq under the symbol \"COIN\" as a direct listing. meaning it isn't raising any capital as a traditional IPO would. The digital platform was given a reference price of $250 a share late Tuesday evening, which values it at close to $50 billion.</p><p>The reference price doesn't determine where the stock will open, but investor enthusiasm has been building, and analysts say that's reflected in the recent surging prices of digital currencies. Trading on the exchange is centered mainly on bitcoin and Ether, the biggest cryptocurrencies.</p><p>\"Listing of Coinbase in the U.S. is a big deal for many investors because it somehow sends a signal that the U.S. lawmakers aren't going to ban bitcoin, and the crypto king is here to stay now,\" said Naeem Aslam, chief market analyst at AvaTrade, in a note to clients. Yet some have cautioned that Coinbase's valuation may be far too lofty.</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":"1107166881","content_text":"(April 14) Blockchain stocks rose in Wednesday premarket trading.The price of the world's most popular cryptocurrency marched to fresh highs on Wednesday, as investors awaited the first listing of a digital exchange on Wall Street.Bitcoin took out Tuesday's fresh record high above $63,000 , reaching $64,368, a gain of 6% over the past 24 hours. And the gains weren't reserved only for bitcoin, as ether , on the Ethereum network, has gained around 10% over the same period, reaching a fresh record at nearly $2,370 early Wednesday. XRP , which is pegged to Ripple, has jumped 33% in 24 hours, last trading at a new high of $1.95.On Wednesday, Coinbase will begin trading on the Nasdaq under the symbol \"COIN\" as a direct listing. meaning it isn't raising any capital as a traditional IPO would. The digital platform was given a reference price of $250 a share late Tuesday evening, which values it at close to $50 billion.The reference price doesn't determine where the stock will open, but investor enthusiasm has been building, and analysts say that's reflected in the recent surging prices of digital currencies. Trading on the exchange is centered mainly on bitcoin and Ether, the biggest cryptocurrencies.\"Listing of Coinbase in the U.S. is a big deal for many investors because it somehow sends a signal that the U.S. lawmakers aren't going to ban bitcoin, and the crypto king is here to stay now,\" said Naeem Aslam, chief market analyst at AvaTrade, in a note to clients. Yet some have cautioned that Coinbase's valuation may be far too lofty.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574026189533561","authorIdStr":"3574026189533561"},"content":"Comment on my post please","text":"Comment on my post please","html":"Comment on my post please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340709697,"gmtCreate":1617466066519,"gmtModify":1704699881858,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply my comment and like thanks","listText":"Reply my comment and like thanks","text":"Reply my comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/340709697","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</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>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">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","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340700918,"gmtCreate":1617465955134,"gmtModify":1704699878783,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Comment and like thanms","listText":"Comment and like thanms","text":"Comment and like thanms","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/340700918","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","kind":"news","pubTimestamp":1617366960,"share":"https://ttm.financial/m/news/2124875875?lang=&edition=fundamental","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","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 Q1 2021 Vehicle Production & Deliveries</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 Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">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://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340801902,"gmtCreate":1617366897006,"gmtModify":1704699215852,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Reply my comment and like thanks","listText":"Reply my comment and like thanks","text":"Reply my comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/340801902","repostId":"1112964874","repostType":4,"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359407581,"gmtCreate":1616418183743,"gmtModify":1704793788278,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"themes":[],"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/359407581","repostId":"1150729762","repostType":4,"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}