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Stevenhuat

Stevenhuat

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2023-05-22

Good px to get in now

Is Alibaba Stock a Buy Now?

2023-05-15

So bushy want to buy @2.5?

SoFi Shares Drop After Wedbush Downgraded SoFi to Sell

2023-05-09

Prepare popcorn n watch show. Eventually a deal will be made.

Yellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources Say

2023-04-18

Hello, u want my amc shares? Can, @$88

Why Selling Your AMC Stock Is the Best Move You Can Make Now

2023-04-16

When US banks are stabilised, hot money will flow back but then again, analysts are predicting smaller banks may fail in coming days. Popcorn time

2 Risky Tech Stocks to Avoid

2023-03-31

Analysts not wrong. Tell you to sell so they buy low. Tell you buy on dip so they can unload. Best DYODD

Michael Burry of "Big Short" Fame Says He Was "Wrong" to Tell Investors to "Sell"

2023-03-24

Just my guess - if BAC goes, WB will take over

Banking Crisis: Who's Next

2022-12-19

Don't think he will ever do so, after spending so much on twitter. Did he not said, he won't sell tsla shares.... control freak btw

Musk Asks Twitter Users to Decide If He Should Step Down

2022-11-13

Understand the health insurance cpi has been adjusted downwards drastically and therefore the cpi was down slightly. Hidden hand?

SPY: Bear Market Rally Or A Major Bottom?

2022-11-08

Which counter is not affected by macro environment now?

Stay Away From Hard-Hit Google Stock

2022-11-03

Not comfortable how the funds could be deployed freely for metaverse dream

Meta Platforms: Once In A Lifetime Buying Opportunity?

2022-05-19

Is this a fair comparison?

Better Buy: Palantir Technologies vs. Amazon

2022-03-30

She will buy back at 30 bucks lol

Who Cares If Cathie Wood Sold All of Her Palantir Stock

2022-02-18

This is trading and not value investing over 5-years horizon

Cathie Wood Dumps $56M In Palantir Shares After Dismal Earnings

2021-05-27

$Cresco Labs Inc.(CRLBF)$https://conferencecalltranscripts.com/summary/?id=224099&pr=true

2021-05-05

Not unexpected, just a matter of timing

Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat

2021-05-05

Not unexpected, matter of timing

Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat

Go to Tiger App to see more news

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px to get in now","listText":"Good px to get in now","text":"Good px to get in now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970524762","repostId":"2337500731","repostType":2,"repost":{"id":"2337500731","kind":"highlight","pubTimestamp":1684738628,"share":"https://ttm.financial/m/news/2337500731?lang=&edition=fundamental","pubTime":"2023-05-22 14:57","market":"us","language":"en","title":"Is Alibaba Stock a Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2337500731","media":"Motley Fool","summary":"The Chinese e-commerce and cloud giant is still growing at a sluggish rate.","content":"<html><head></head><body><p>Alibaba&#39;s stock dropped 5% after it posted its latest earnings report on May 18. For the fourth quarter of fiscal 2023, which ended on March 31, the Chinese e-commerce and cloud leader&#39;s revenue rose 2% year over year to 208.2 billion yuan ($30.3 billion) and surpassed analysts&#39; expectations by $410 million. Its adjusted net income increased 38% to 27.4 billion yuan ($4.0 billion), or $1.56 per American depositary share (ADS), and also cleared the consensus forecast by $0.21.</p><p>For the full year, Alibaba&#39;s revenue and adjusted earnings per ADS grew 2% and 4%, respectively. Should investors buy Alibaba&#39;s stock, which has plummeted more than 70% from its all-time high in October 2020, as a value play on China&#39;s COVID-19 recovery? Or will this bellwether of the Chinese tech sector remain out of favor for the foreseeable future?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5158cd40d553db567592f6509e8c86cd\" alt=\"Image source: Alibaba.\" title=\"Image source: Alibaba.\" tg-width=\"700\" tg-height=\"468\"/><span>Image source: Alibaba.</span></p><h2>Why did the bulls retreat from Alibaba stock?</h2><p>Alibaba&#39;s downfall was caused by regulatory, competitive, and macro headwinds. In September 2021, China&#39;s antitrust regulators hit Alibaba with a record $2.8 billion fine, forced it to end its exclusive deals with merchants and aggressive promotions, and closely scrutinized its previous and planned investments. Those penalties eroded Alibaba&#39;s defenses against <strong>JD.com</strong>, <strong>Pinduoduo</strong>, and other e-commerce marketplaces across China.</p><p>On the macro front, China&#39;s economic slowdown and intermittent COVID lockdowns broadly curbed consumer spending. Those headwinds also forced companies to rein in their spending on Alibaba&#39;s cloud services. Its cloud business also suffered a major setback in 2021 when <strong>ByteDance</strong>, bowing to overseas pressure, moved the data of TikTok&#39;s overseas users from Alibaba Cloud to <strong>Oracle</strong>&#39;s cloud servers.</p><p>In fiscal 2023, Alibaba generated 67% of its revenue from its China Commerce segment, which houses Tmall, Taobao, and its brick-and-mortar stores. Another 9% came from Alibaba Cloud, which remains the largest cloud platform in China. Here&#39;s how these two core businesses fared over the past two years.</p><table style=\"border-collapse:collapse;\"><colgroup><col width=\"272\"/><col width=\"135\"/><col width=\"146\"/></colgroup><tbody><tr><th data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p>Segment</p></th><th data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>FY 2022</p></th><th data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>FY 2023</p></th></tr><tr><td data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p><strong>China Commerce Revenue Growth</strong></p></td><td data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>18%</p></td><td data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>(1%)</p></td></tr><tr><td data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p><strong>Cloud Revenue Growth</strong></p></td><td data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>23%</p></td><td data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>4%</p></td></tr><tr><td data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p><strong>Total Revenue Growth</strong></p></td><td data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>19%</p></td><td data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>2%</p></td></tr></tbody></table><p>Data source: Alibaba.</p><p>That slowdown drove a lot of investors away from Alibaba. But on the bright side, Alibaba&#39;s operating margin expanded from 8% in fiscal 2022 to 12% in fiscal 2023, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin increased from 19% to 20%. That expansion was driven by about 19,000 layoffs throughout calendar 2022, as well as other aggressive cost-cutting measures.</p><h2>What are Alibaba&#39;s plans for the future?</h2><p>Back in March, Alibaba revealed its plans for the future by splitting its business into six new groups: Cloud Intelligence, Taobao Tmall Commerce, Local Services, Cainiao Smart Logistics, Global Digital Commerce, and the Digital Media and Entertainment Group. All six groups will be led by different CEOs, and most of them will either pursue fresh funding or IPOs.</p><p>Alibaba provided an update to that plan with its fourth-quarter report. It will spin off its entire cloud division in an IPO, and it will distribute those shares to its current shareholders as a special dividend. It also plans to pursue external financing for its global e-commerce division (which includes its overseas and cross-border marketplaces) while exploring potential IPOs for Cainiao Smart Logistics and the grocery division of its Taobao Tmall Commerce Group.</p><p>But that doesn&#39;t mean Alibaba is splitting itself up. Alibaba will still hold majority stakes in all of those groups, even if they are spun off into publicly traded companies. The restructuring strategy will merely free up its business groups to pursue more external financing -- which should alleviate some pressure from Alibaba&#39;s own balance sheet -- and make their own decisions without fretting over how they might impact Alibaba&#39;s other divisions.</p><p>For example, Alibaba generated all of its operating profits from its China Commerce division in fiscal 2023. All of its other businesses posted operating losses, which puts a lot of pressure on Alibaba to subsidize its unprofitable businesses with its higher-margin commerce revenues. Spinning off its less-profitable divisions could gradually resolve that issue.</p><h2>Is Alibaba too cheap to ignore?</h2><p>Alibaba didn&#39;t provide any exact guidance for fiscal 2024, but its growth could accelerate again as China&#39;s economy finally experiences its post-COVID recovery. The spinoff of Alibaba Cloud could also generate fresh cash and boost its profits.</p><p>Analysts believe Alibaba&#39;s revenue and adjusted EBITDA will grow 10% and 9%, respectively, in fiscal 2024. Based on those estimates, which we should take with a grain of salt, Alibaba&#39;s stock seems cheap at two times this year&#39;s sales and 10 times its adjusted EBITDA. However, it could remain out of favor until its revenue growth accelerates again and the delisting threats for U.S.-listed Chinese stocks are resolved. Alibaba is worth keeping an eye on, but it&#39;s not a screaming bargain yet.</p></body></html>","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>Is Alibaba Stock a Buy Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Alibaba Stock a Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-22 14:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/20/is-alibaba-stock-a-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's stock dropped 5% after it posted its latest earnings report on May 18. For the fourth quarter of fiscal 2023, which ended on March 31, the Chinese e-commerce and cloud leader's revenue rose ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/20/is-alibaba-stock-a-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2023/05/20/is-alibaba-stock-a-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2337500731","content_text":"Alibaba's stock dropped 5% after it posted its latest earnings report on May 18. For the fourth quarter of fiscal 2023, which ended on March 31, the Chinese e-commerce and cloud leader's revenue rose 2% year over year to 208.2 billion yuan ($30.3 billion) and surpassed analysts' expectations by $410 million. Its adjusted net income increased 38% to 27.4 billion yuan ($4.0 billion), or $1.56 per American depositary share (ADS), and also cleared the consensus forecast by $0.21.For the full year, Alibaba's revenue and adjusted earnings per ADS grew 2% and 4%, respectively. Should investors buy Alibaba's stock, which has plummeted more than 70% from its all-time high in October 2020, as a value play on China's COVID-19 recovery? Or will this bellwether of the Chinese tech sector remain out of favor for the foreseeable future?Image source: Alibaba.Why did the bulls retreat from Alibaba stock?Alibaba's downfall was caused by regulatory, competitive, and macro headwinds. In September 2021, China's antitrust regulators hit Alibaba with a record $2.8 billion fine, forced it to end its exclusive deals with merchants and aggressive promotions, and closely scrutinized its previous and planned investments. Those penalties eroded Alibaba's defenses against JD.com, Pinduoduo, and other e-commerce marketplaces across China.On the macro front, China's economic slowdown and intermittent COVID lockdowns broadly curbed consumer spending. Those headwinds also forced companies to rein in their spending on Alibaba's cloud services. Its cloud business also suffered a major setback in 2021 when ByteDance, bowing to overseas pressure, moved the data of TikTok's overseas users from Alibaba Cloud to Oracle's cloud servers.In fiscal 2023, Alibaba generated 67% of its revenue from its China Commerce segment, which houses Tmall, Taobao, and its brick-and-mortar stores. Another 9% came from Alibaba Cloud, which remains the largest cloud platform in China. Here's how these two core businesses fared over the past two years.SegmentFY 2022FY 2023China Commerce Revenue Growth18%(1%)Cloud Revenue Growth23%4%Total Revenue Growth19%2%Data source: Alibaba.That slowdown drove a lot of investors away from Alibaba. But on the bright side, Alibaba's operating margin expanded from 8% in fiscal 2022 to 12% in fiscal 2023, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin increased from 19% to 20%. That expansion was driven by about 19,000 layoffs throughout calendar 2022, as well as other aggressive cost-cutting measures.What are Alibaba's plans for the future?Back in March, Alibaba revealed its plans for the future by splitting its business into six new groups: Cloud Intelligence, Taobao Tmall Commerce, Local Services, Cainiao Smart Logistics, Global Digital Commerce, and the Digital Media and Entertainment Group. All six groups will be led by different CEOs, and most of them will either pursue fresh funding or IPOs.Alibaba provided an update to that plan with its fourth-quarter report. It will spin off its entire cloud division in an IPO, and it will distribute those shares to its current shareholders as a special dividend. It also plans to pursue external financing for its global e-commerce division (which includes its overseas and cross-border marketplaces) while exploring potential IPOs for Cainiao Smart Logistics and the grocery division of its Taobao Tmall Commerce Group.But that doesn't mean Alibaba is splitting itself up. Alibaba will still hold majority stakes in all of those groups, even if they are spun off into publicly traded companies. The restructuring strategy will merely free up its business groups to pursue more external financing -- which should alleviate some pressure from Alibaba's own balance sheet -- and make their own decisions without fretting over how they might impact Alibaba's other divisions.For example, Alibaba generated all of its operating profits from its China Commerce division in fiscal 2023. All of its other businesses posted operating losses, which puts a lot of pressure on Alibaba to subsidize its unprofitable businesses with its higher-margin commerce revenues. Spinning off its less-profitable divisions could gradually resolve that issue.Is Alibaba too cheap to ignore?Alibaba didn't provide any exact guidance for fiscal 2024, but its growth could accelerate again as China's economy finally experiences its post-COVID recovery. The spinoff of Alibaba Cloud could also generate fresh cash and boost its profits.Analysts believe Alibaba's revenue and adjusted EBITDA will grow 10% and 9%, respectively, in fiscal 2024. Based on those estimates, which we should take with a grain of salt, Alibaba's stock seems cheap at two times this year's sales and 10 times its adjusted EBITDA. However, it could remain out of favor until its revenue growth accelerates again and the delisting threats for U.S.-listed Chinese stocks are resolved. Alibaba is worth keeping an eye on, but it's not a screaming bargain yet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970116955,"gmtCreate":1684150254177,"gmtModify":1684151098572,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"So bushy want to buy @2.5?","listText":"So bushy want to buy @2.5?","text":"So bushy want to buy @2.5?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970116955","repostId":"1167853068","repostType":2,"repost":{"id":"1167853068","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":1684149910,"share":"https://ttm.financial/m/news/1167853068?lang=&edition=fundamental","pubTime":"2023-05-15 19:25","market":"us","language":"en","title":"SoFi Shares Drop After Wedbush Downgraded SoFi to Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=1167853068","media":"Tiger Newspress","summary":"In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with","content":"<html><head></head><body><p>In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with a price target of $2.50. The company’s shares closed last Friday at $5.02.</p><p>SoFi shares dropped 5% in premarket trading Monday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/386142242056f99c0d80b1e7be34556f\" tg-width=\"825\" tg-height=\"619\"/></p><p></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>SoFi Shares Drop After Wedbush Downgraded SoFi to Sell</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\">\nSoFi Shares Drop After Wedbush Downgraded SoFi to Sell\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\">2023-05-15 19:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with a price target of $2.50. The company’s shares closed last Friday at $5.02.</p><p>SoFi shares dropped 5% in premarket trading Monday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/386142242056f99c0d80b1e7be34556f\" tg-width=\"825\" tg-height=\"619\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167853068","content_text":"In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with a price target of $2.50. The company’s shares closed last Friday at $5.02.SoFi shares dropped 5% in premarket trading Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947732707,"gmtCreate":1683591902410,"gmtModify":1683591907487,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Prepare popcorn n watch show. Eventually a deal will be made.&nbsp;","listText":"Prepare popcorn n watch show. Eventually a deal will be made.&nbsp;","text":"Prepare popcorn n watch show. Eventually a deal will be made.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947732707","repostId":"1151817796","repostType":2,"repost":{"id":"1151817796","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1683590203,"share":"https://ttm.financial/m/news/1151817796?lang=&edition=fundamental","pubTime":"2023-05-09 07:56","market":"us","language":"en","title":"Yellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1151817796","media":"Reuters","summary":"(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders t","content":"<html><head></head><body><p>(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the &#34;catastrophic&#34; impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.</p><p style=\"text-align: start;\">The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the &#34;dangerous consequences of the current brinkmanship,&#34; one of the sources said.</p><p>The sources declined to name the CEOs with whom Yellen had spoken in recent days, or provide any other details about their conversations, but one said they included executives in the financial sector and broader economy.</p><p style=\"text-align: start;\">While the sources did not spell out her purpose, Biden administration officials have been speaking to business owners about pressuring Republicans to raise the debt ceiling without conditions.</p><p style=\"text-align: start;\">The Treasury secretary delayed a planned trip to Japan for this week&#39;s Group of Seven finance ministers meeting to appear on the ABC News program &#34;This Week&#34; on Sunday, where she warned the failure of Congress to raise the $31.4 trillion debt ceiling could trigger a &#34;constitutional crisis.&#34;</p><p>Talks on the issue should not take place &#34;with a gun to the head of the American people,&#34; Yellen said in a pointed reference to Republican lawmakers&#39; insistence on tying a debt-ceiling increase to sweeping spending cuts that Democrats oppose.</p><p style=\"text-align: start;\">Yellen is now slated to leave for Japan this week and will hold a news conference in Niigata, Japan, on Thursday before the G7 meeting.</p><p style=\"text-align: start;\">President Joe Biden insists that Congress has a constitutional duty to raise the debt ceiling, which reflects previously spent federal money, without conditions.</p><p style=\"text-align: start;\">He will meet on Tuesday with Republican House Speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell and top congressional Democrats at the White House to try to break the impasse.</p><p style=\"text-align: start;\">Yellen told lawmakers last week that Treasury will likely be unable to pay all the government&#39;s bills as early as June 1 without an increase in the federal debt limit.</p><p>Yellen, other economists and analysts have repeatedly warned that a default on U.S. debt would result in millions of job losses, while driving household payments on mortgages, auto loans and credit cards higher.</p><p style=\"text-align: start;\">Unlike most other developed countries, the U.S. puts a hard limit on how much it can borrow. Because the government spends more than it takes in, lawmakers must periodically raise the debt ceiling.</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>Yellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources 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\">\nYellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources Say\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\">2023-05-09 07:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the &#34;catastrophic&#34; impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.</p><p style=\"text-align: start;\">The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the &#34;dangerous consequences of the current brinkmanship,&#34; one of the sources said.</p><p>The sources declined to name the CEOs with whom Yellen had spoken in recent days, or provide any other details about their conversations, but one said they included executives in the financial sector and broader economy.</p><p style=\"text-align: start;\">While the sources did not spell out her purpose, Biden administration officials have been speaking to business owners about pressuring Republicans to raise the debt ceiling without conditions.</p><p style=\"text-align: start;\">The Treasury secretary delayed a planned trip to Japan for this week&#39;s Group of Seven finance ministers meeting to appear on the ABC News program &#34;This Week&#34; on Sunday, where she warned the failure of Congress to raise the $31.4 trillion debt ceiling could trigger a &#34;constitutional crisis.&#34;</p><p>Talks on the issue should not take place &#34;with a gun to the head of the American people,&#34; Yellen said in a pointed reference to Republican lawmakers&#39; insistence on tying a debt-ceiling increase to sweeping spending cuts that Democrats oppose.</p><p style=\"text-align: start;\">Yellen is now slated to leave for Japan this week and will hold a news conference in Niigata, Japan, on Thursday before the G7 meeting.</p><p style=\"text-align: start;\">President Joe Biden insists that Congress has a constitutional duty to raise the debt ceiling, which reflects previously spent federal money, without conditions.</p><p style=\"text-align: start;\">He will meet on Tuesday with Republican House Speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell and top congressional Democrats at the White House to try to break the impasse.</p><p style=\"text-align: start;\">Yellen told lawmakers last week that Treasury will likely be unable to pay all the government&#39;s bills as early as June 1 without an increase in the federal debt limit.</p><p>Yellen, other economists and analysts have repeatedly warned that a default on U.S. debt would result in millions of job losses, while driving household payments on mortgages, auto loans and credit cards higher.</p><p style=\"text-align: start;\">Unlike most other developed countries, the U.S. puts a hard limit on how much it can borrow. Because the government spends more than it takes in, lawmakers must periodically raise the debt ceiling.</p></body></html>\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"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151817796","content_text":"(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the \"catastrophic\" impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the \"dangerous consequences of the current brinkmanship,\" one of the sources said.The sources declined to name the CEOs with whom Yellen had spoken in recent days, or provide any other details about their conversations, but one said they included executives in the financial sector and broader economy.While the sources did not spell out her purpose, Biden administration officials have been speaking to business owners about pressuring Republicans to raise the debt ceiling without conditions.The Treasury secretary delayed a planned trip to Japan for this week's Group of Seven finance ministers meeting to appear on the ABC News program \"This Week\" on Sunday, where she warned the failure of Congress to raise the $31.4 trillion debt ceiling could trigger a \"constitutional crisis.\"Talks on the issue should not take place \"with a gun to the head of the American people,\" Yellen said in a pointed reference to Republican lawmakers' insistence on tying a debt-ceiling increase to sweeping spending cuts that Democrats oppose.Yellen is now slated to leave for Japan this week and will hold a news conference in Niigata, Japan, on Thursday before the G7 meeting.President Joe Biden insists that Congress has a constitutional duty to raise the debt ceiling, which reflects previously spent federal money, without conditions.He will meet on Tuesday with Republican House Speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell and top congressional Democrats at the White House to try to break the impasse.Yellen told lawmakers last week that Treasury will likely be unable to pay all the government's bills as early as June 1 without an increase in the federal debt limit.Yellen, other economists and analysts have repeatedly warned that a default on U.S. debt would result in millions of job losses, while driving household payments on mortgages, auto loans and credit cards higher.Unlike most other developed countries, the U.S. puts a hard limit on how much it can borrow. Because the government spends more than it takes in, lawmakers must periodically raise the debt ceiling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944833151,"gmtCreate":1681777248773,"gmtModify":1681782347815,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Hello, u want my amc shares? Can, @$88","listText":"Hello, u want my amc shares? Can, @$88","text":"Hello, u want my amc shares? Can, @$88","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944833151","repostId":"1139316836","repostType":4,"repost":{"id":"1139316836","kind":"news","pubTimestamp":1681775627,"share":"https://ttm.financial/m/news/1139316836?lang=&edition=fundamental","pubTime":"2023-04-18 07:53","market":"us","language":"en","title":"Why Selling Your AMC Stock Is the Best Move You Can Make Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1139316836","media":"InvestorPlace","summary":"AMC Entertainment (AMC) touted its recent, impressive box-office receipts.However, AMC Entertainment","content":"<html><head></head><body><ul><li><p><strong>AMC Entertainment </strong>(<strong><u>AMC</u></strong>) touted its recent, impressive box-office receipts.</p></li><li><p>However, AMC Entertainment’s enormous debt load and strong drive to issue more shares are causes for concern.</p></li><li><p>Investors should completely avoid AMC stock.</p></li></ul><p>There’s a “good news, bad news” situation with global movie-theater chain <strong>AMC Entertainment </strong>(NYSE: <strong><u>AMC</u></strong>). The good news is that AMC Entertainment recently reported a heavy influx of moviegoers. On the other hand, the company’s financial situation is far from ideal, and AMC Entertainment is working hard to increase the number of AMC stock shares.</p><p style=\"text-align: start;\">AMC Entertainment has famously been a short-squeeze target of meme-stock traders. However, serious investors should consider the company’s fundamentals. Ask yourself: Will AMC Entertainment just create more shares, or will the company actually deliver value to the shareholders?</p><p style=\"text-align: start;\">It’s a tough call, but investors need to consider these issues before jumping into a hasty trade. So, let’s start off with AMC Entertainment’s proud announcement concerning the company’s box office receipts.</p><h2 style=\"text-align: start;\">AMC Entertainment Has a Great Weekend</h2><p style=\"text-align: start;\">Without a doubt, AMC stockholders are glad to hear any positive news. So, they should be happy to hear that AMC Entertainment had its third-busiest weekend at the company’s U.S. locations since December 2019.</p><p style=\"text-align: start;\">Over 3.6 million moviegoers visited an AMC location in the U.S. during the weekend that ended April 9. Furthermore, AMC Entertainment recorded its highest day of revenue in the U.S. since the company reopened its theaters in 2020.</p><p style=\"text-align: start;\">These impressive results shouldn’t distract AMC stock traders from the company’s financial problems, however. One great weekend doesn’t wipe away AMC Entertainment’s enormous debt load. At the end of last year, AMC Entertainment’s “total aggregate principal amount of its debt” was around $4.95 billion.</p><p style=\"text-align: start;\">Moreover, the company (which is still unprofitable, by the way) is clearly unafraid to increase its debt burden. As evidence of this, AMC Entertainment enacted a private offering of $400 million worth of senior secured notes during 2022’s fourth quarter. The company will have to repay that debt at an interest rate of 12.75%.</p><h2 style=\"text-align: start;\">AMC Stock Dilution Concerns Persist</h2><p style=\"text-align: start;\">AMC Entertainment’s strong box office weekend also shouldn’t distract prospective investors from ongoing share dilution concerns. Interestingly, the company’s shareholders voted overwhelmingly to increase the number of AMC stock shares.</p><p style=\"text-align: start;\">Here’s the breakdown. Reportedly, 87% of AMC Entertainment’s shareholders voted in favor of combining AMC common shares and <strong>AMC Preferred Equity Units </strong>(NYSE: <strong><u>APE</u></strong>). In addition, 88% of the company’s shareholders voted in favor of “significantly increasing the capacity to issue additional common shares.”</p><p style=\"text-align: start;\">To justify these measures, AMC Entertainment stated, “If implemented, AMC should have an ability to raise a significant amount of equity capital in the months and years ahead.” That may be true, but prospective investors should consider the dilutive impact of increasing the number of AMC shares in circulation.</p><p style=\"text-align: start;\">Meanwhile, there’s a legal soap opera afoot as AMC Entertainment settled a lawsuit in the company’s quest to convert APE shares to AMC common stock. However, a U.S. court reportedly denied AMC Entertainment’s “request to lift a status quo order,” which would have allowed a faster conversion of the company’s preferred stock into common shares.</p><h2 style=\"text-align: start;\">So, What’s the Best Move to Make Now With AMC Stock?</h2><p style=\"text-align: start;\">It looks like AMC Entertainment is stubbornly determined to raise capital by any means. If this includes adding to the company’s sizable debt load and increasing the common share count, so be it.</p><p style=\"text-align: start;\">These measures could have unfortunate long-term consequences for AMC Entertainment and its shareholders. Really, the best move to make now is to sell AMC stock if you own it. And if you don’t own the stock, you can just avoid it altogether. It’s better to grab some popcorn and watch this strange story unfold from the sidelines.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Selling Your AMC Stock Is the Best Move You Can Make Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Selling Your AMC Stock Is the Best Move You Can Make Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-18 07:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/04/why-selling-your-amc-stock-is-the-best-move-you-can-make-now/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment (AMC) touted its recent, impressive box-office receipts.However, AMC Entertainment’s enormous debt load and strong drive to issue more shares are causes for concern.Investors should ...</p>\n\n<a href=\"https://investorplace.com/2023/04/why-selling-your-amc-stock-is-the-best-move-you-can-make-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","APE":"AMC Entertainment Preferred"},"source_url":"https://investorplace.com/2023/04/why-selling-your-amc-stock-is-the-best-move-you-can-make-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139316836","content_text":"AMC Entertainment (AMC) touted its recent, impressive box-office receipts.However, AMC Entertainment’s enormous debt load and strong drive to issue more shares are causes for concern.Investors should completely avoid AMC stock.There’s a “good news, bad news” situation with global movie-theater chain AMC Entertainment (NYSE: AMC). The good news is that AMC Entertainment recently reported a heavy influx of moviegoers. On the other hand, the company’s financial situation is far from ideal, and AMC Entertainment is working hard to increase the number of AMC stock shares.AMC Entertainment has famously been a short-squeeze target of meme-stock traders. However, serious investors should consider the company’s fundamentals. Ask yourself: Will AMC Entertainment just create more shares, or will the company actually deliver value to the shareholders?It’s a tough call, but investors need to consider these issues before jumping into a hasty trade. So, let’s start off with AMC Entertainment’s proud announcement concerning the company’s box office receipts.AMC Entertainment Has a Great WeekendWithout a doubt, AMC stockholders are glad to hear any positive news. So, they should be happy to hear that AMC Entertainment had its third-busiest weekend at the company’s U.S. locations since December 2019.Over 3.6 million moviegoers visited an AMC location in the U.S. during the weekend that ended April 9. Furthermore, AMC Entertainment recorded its highest day of revenue in the U.S. since the company reopened its theaters in 2020.These impressive results shouldn’t distract AMC stock traders from the company’s financial problems, however. One great weekend doesn’t wipe away AMC Entertainment’s enormous debt load. At the end of last year, AMC Entertainment’s “total aggregate principal amount of its debt” was around $4.95 billion.Moreover, the company (which is still unprofitable, by the way) is clearly unafraid to increase its debt burden. As evidence of this, AMC Entertainment enacted a private offering of $400 million worth of senior secured notes during 2022’s fourth quarter. The company will have to repay that debt at an interest rate of 12.75%.AMC Stock Dilution Concerns PersistAMC Entertainment’s strong box office weekend also shouldn’t distract prospective investors from ongoing share dilution concerns. Interestingly, the company’s shareholders voted overwhelmingly to increase the number of AMC stock shares.Here’s the breakdown. Reportedly, 87% of AMC Entertainment’s shareholders voted in favor of combining AMC common shares and AMC Preferred Equity Units (NYSE: APE). In addition, 88% of the company’s shareholders voted in favor of “significantly increasing the capacity to issue additional common shares.”To justify these measures, AMC Entertainment stated, “If implemented, AMC should have an ability to raise a significant amount of equity capital in the months and years ahead.” That may be true, but prospective investors should consider the dilutive impact of increasing the number of AMC shares in circulation.Meanwhile, there’s a legal soap opera afoot as AMC Entertainment settled a lawsuit in the company’s quest to convert APE shares to AMC common stock. However, a U.S. court reportedly denied AMC Entertainment’s “request to lift a status quo order,” which would have allowed a faster conversion of the company’s preferred stock into common shares.So, What’s the Best Move to Make Now With AMC Stock?It looks like AMC Entertainment is stubbornly determined to raise capital by any means. If this includes adding to the company’s sizable debt load and increasing the common share count, so be it.These measures could have unfortunate long-term consequences for AMC Entertainment and its shareholders. Really, the best move to make now is to sell AMC stock if you own it. And if you don’t own the stock, you can just avoid it altogether. It’s better to grab some popcorn and watch this strange story unfold from the sidelines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944033953,"gmtCreate":1681616400572,"gmtModify":1681616404760,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"When US banks are stabilised, hot money will flow back but then again, analysts are predicting smaller banks may fail in coming days. Popcorn time","listText":"When US banks are stabilised, hot money will flow back but then again, analysts are predicting smaller banks may fail in coming days. Popcorn time","text":"When US banks are stabilised, hot money will flow back but then again, analysts are predicting smaller banks may fail in coming days. Popcorn time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944033953","repostId":"2327121986","repostType":2,"repost":{"id":"2327121986","kind":"highlight","pubTimestamp":1681529918,"share":"https://ttm.financial/m/news/2327121986?lang=&edition=fundamental","pubTime":"2023-04-15 11:38","market":"us","language":"en","title":"2 Risky Tech Stocks to Avoid","url":"https://stock-news.laohu8.com/highlight/detail?id=2327121986","media":"Motley Fool","summary":"Coinbase and Upstart stocks are down big, and both companies are facing major challenges.","content":"<html><head></head><body><p>Betting on a comeback for a beaten-down stock can be fun and lucrative if the company manages to turn things around. But stocks often go down for good reasons, and a recovery is far from a guarantee.</p><p>In the world of previously high-flying tech stocks, <strong>Coinbase</strong> and <strong>Upstart</strong> are particularly risky. Here&#39;s why investors should keep their distance from these struggling, money-losing tech stocks.</p><h2>Coinbase</h2><p>Cryptocurrency-exchange Coinbase succeeds only when irrational exuberance has drowned out common sense. The company was minting hefty profits during the pandemic-era cryptocurrency bubble. Today, not so much.</p><p>Prices of cryptocurrencies have plunged, trading activity has dropped off a cliff, and multiple frauds have collapsed. Coinbase&#39;s core business of charging transaction fees only makes sense when its customers have an expectation of turning a profit big enough to justify those fees. While cryptocurrency prices are still volatile, the easy-money era appears to be over.</p><p>Coinbase&#39;s revenue plunged 76% year over year in the fourth quarter of 2022. For the full year, the company posted a net loss of $2.6 billion on revenue of $3.1 billion. Coinbase hasn&#39;t even managed to keep its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in positive territory.</p><p>A significant source of Coinbase&#39;s non-fee revenue comes from interest income tied to the company&#39;s participation in the USDC (CRYPTO: USDC) ecosystem. USDC is a stablecoin pegged to the U.S. dollar, but it recently lost its peg to the dollar after the collapse of <strong>Silicon Valley Bank</strong>. The bottom line: It&#39;s hard to say how sustainable this source of revenue is for Coinbase.</p><p>Beyond the mounting business problems, Coinbase disclosed last month that it had received a &#34;Wells Notice&#34; from the U.S. Securities and Exchange Commission (SEC). This generally means that SEC staff has recommended the filing of an enforcement action alleging violations of federal securities laws, although nothing has yet been filed. Coinbase contends that nothing it offers should be considered securities, but the SEC may end up disagreeing.</p><p>It&#39;s not clear what the bull case for Coinbase is right now, short of another cryptocurrency bubble. Best to stay away, in my opinion.</p><h2>Upstart</h2><p>The pitch for Upstart&#39;s artificial-intelligence-powered lending platform is that it can determine the risk associated with a particular borrower more accurately than credit-score based models. The problem is that Upstart really only started facilitating meaningful loan volumes during the pandemic, which wasn&#39;t exactly a typical economic environment.</p><p>Upstart uses machine learning models, and machine learning needs plenty of data. The thing is, Upstart was only founded in 2012 and didn&#39;t really ramp up loan volumes until the pandemic. The data that Upstart&#39;s models are trained on encompass a tiny subset of potential economic environments. They lose their value in uncharted waters.</p><p>Upstart&#39;s loans started to greatly underperform expectations in 2021. The situation has been improving as the company factors in macroeconomic considerations, but loan volumes have fallen off a cliff. Upstart&#39;s revenue plunged 52% year over year in the fourth quarter of 2022, and loan volumes dropped 62%.</p><p>Upstart expects things to get worse this year. The company guided for first-quarter revenue of just $100 million, down from $147 million in the fourth quarter of 2022. Upstart has also kept a meaningful volume of loans on its own balance sheet, which exposes it directly to credit and interest-rate risks. It currently holds about $1 billion worth of loans.</p><p>Credit scores aren&#39;t perfect, and it&#39;s certainly possible that Upstart&#39;s AI models really do provide a better assessment of risk, especially now that improvements have been made to reflect the current economic environment. But Upstart is having serious trouble making and unloading loans, its cash is dwindling, debt is rising, and losses are growing.</p><p>A comeback is possible, but I&#39;m happy to sit this one out.</p></body></html>","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>2 Risky Tech Stocks to Avoid</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\">\n2 Risky Tech Stocks to Avoid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-15 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/14/2-risky-tech-stocks-to-avoid/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Betting on a comeback for a beaten-down stock can be fun and lucrative if the company manages to turn things around. But stocks often go down for good reasons, and a recovery is far from a guarantee....</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/14/2-risky-tech-stocks-to-avoid/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2023/04/14/2-risky-tech-stocks-to-avoid/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2327121986","content_text":"Betting on a comeback for a beaten-down stock can be fun and lucrative if the company manages to turn things around. But stocks often go down for good reasons, and a recovery is far from a guarantee.In the world of previously high-flying tech stocks, Coinbase and Upstart are particularly risky. Here's why investors should keep their distance from these struggling, money-losing tech stocks.CoinbaseCryptocurrency-exchange Coinbase succeeds only when irrational exuberance has drowned out common sense. The company was minting hefty profits during the pandemic-era cryptocurrency bubble. Today, not so much.Prices of cryptocurrencies have plunged, trading activity has dropped off a cliff, and multiple frauds have collapsed. Coinbase's core business of charging transaction fees only makes sense when its customers have an expectation of turning a profit big enough to justify those fees. While cryptocurrency prices are still volatile, the easy-money era appears to be over.Coinbase's revenue plunged 76% year over year in the fourth quarter of 2022. For the full year, the company posted a net loss of $2.6 billion on revenue of $3.1 billion. Coinbase hasn't even managed to keep its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in positive territory.A significant source of Coinbase's non-fee revenue comes from interest income tied to the company's participation in the USDC (CRYPTO: USDC) ecosystem. USDC is a stablecoin pegged to the U.S. dollar, but it recently lost its peg to the dollar after the collapse of Silicon Valley Bank. The bottom line: It's hard to say how sustainable this source of revenue is for Coinbase.Beyond the mounting business problems, Coinbase disclosed last month that it had received a \"Wells Notice\" from the U.S. Securities and Exchange Commission (SEC). This generally means that SEC staff has recommended the filing of an enforcement action alleging violations of federal securities laws, although nothing has yet been filed. Coinbase contends that nothing it offers should be considered securities, but the SEC may end up disagreeing.It's not clear what the bull case for Coinbase is right now, short of another cryptocurrency bubble. Best to stay away, in my opinion.UpstartThe pitch for Upstart's artificial-intelligence-powered lending platform is that it can determine the risk associated with a particular borrower more accurately than credit-score based models. The problem is that Upstart really only started facilitating meaningful loan volumes during the pandemic, which wasn't exactly a typical economic environment.Upstart uses machine learning models, and machine learning needs plenty of data. The thing is, Upstart was only founded in 2012 and didn't really ramp up loan volumes until the pandemic. The data that Upstart's models are trained on encompass a tiny subset of potential economic environments. They lose their value in uncharted waters.Upstart's loans started to greatly underperform expectations in 2021. The situation has been improving as the company factors in macroeconomic considerations, but loan volumes have fallen off a cliff. Upstart's revenue plunged 52% year over year in the fourth quarter of 2022, and loan volumes dropped 62%.Upstart expects things to get worse this year. The company guided for first-quarter revenue of just $100 million, down from $147 million in the fourth quarter of 2022. Upstart has also kept a meaningful volume of loans on its own balance sheet, which exposes it directly to credit and interest-rate risks. It currently holds about $1 billion worth of loans.Credit scores aren't perfect, and it's certainly possible that Upstart's AI models really do provide a better assessment of risk, especially now that improvements have been made to reflect the current economic environment. But Upstart is having serious trouble making and unloading loans, its cash is dwindling, debt is rising, and losses are growing.A comeback is possible, but I'm happy to sit this one out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941679904,"gmtCreate":1680236762909,"gmtModify":1680236767020,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Analysts not wrong. Tell you to sell so they buy low. Tell you buy on dip so they can unload. Best DYODD","listText":"Analysts not wrong. Tell you to sell so they buy low. Tell you buy on dip so they can unload. Best DYODD","text":"Analysts not wrong. Tell you to sell so they buy low. Tell you buy on dip so they can unload. Best DYODD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941679904","repostId":"2323455677","repostType":2,"repost":{"id":"2323455677","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":1680218739,"share":"https://ttm.financial/m/news/2323455677?lang=&edition=fundamental","pubTime":"2023-03-31 07:25","market":"us","language":"en","title":"Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2323455677","media":"Dow Jones","summary":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book ","content":"<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</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>Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"</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\">\nMichael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"\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\">2023-03-31 07:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","SDS":"两倍做空标普500ETF","BK4559":"巴菲特持仓","BK4588":"碎股","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","BK4581":"高盛持仓","SSO":"两倍做多标普500ETF","BK4504":"桥水持仓","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323455677","content_text":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book \"the Big Short,\" said in a Thursday tweet that he was \"wrong\" to tell investors to sell stocks two months ago.Burry issued a one-word tweet on Jan. 31 advising his followers to \"sell.\" While he didn't elaborate, MarketWatch's Steve Goldstein noted at the time that it wasn't hard to fill in the blanks.The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.On Feb. 2, a few days after Burry's \"sell\" tweet, the S&P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index's highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008Wall Street analysts expect corporate earnings for S&P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet's John Butters.Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to \"buy the dip\" in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943453300,"gmtCreate":1679649841100,"gmtModify":1679649844340,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Just my guess - if BAC goes, WB will take over&nbsp;","listText":"Just my guess - if BAC goes, WB will take over&nbsp;","text":"Just my guess - if BAC goes, WB will take over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943453300","repostId":"1194295153","repostType":4,"repost":{"id":"1194295153","kind":"news","pubTimestamp":1679645134,"share":"https://ttm.financial/m/news/1194295153?lang=&edition=fundamental","pubTime":"2023-03-24 16:05","market":"us","language":"en","title":"Banking Crisis: Who's Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1194295153","media":"Seeking Alpha","summary":"SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee t","content":"<html><head></head><body><h2>Summary</h2><ul><li>It&#39;s been a busy two weeks for the global banking system and the central banks that oversee them.</li><li>What are the key takeaways thus far.</li><li>Who&#39;s next and who&#39;s last.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7d31a433776e18078bbae63346dfe9f\" tg-width=\"1080\" tg-height=\"540\" width=\"100%\" height=\"auto\"/><span>Imagesrouges/iStock via Getty Images</span></p><h2>Meet the new bank crisis</h2><p>NOT the same as the old bank crisis. This is not the Great Financial Crisis II. It’s not the collapse of Long-Term Capital Management in 1998. It’s not the Great Depression either. A lot of what is taking placetoday has some rhymes with various past episodes, but we are charting new territory with new lessons to be learned to add to the future policy maker playbook. We are likely in the very early stages of this latest banking crisis that could take months if not years to play out. SVB Financial (SIVB), Signature Bank (SBNY), Silvergate Bank (SI), and Credit Suisse (CS) are already gone. Who’s next?</p><h2>The song is over</h2><p>Over the last fourteen years since the Great Financial Crisis (GFC), we were reassured that problems with the banks were behind us. In 2017, then Fed ChairJanet Yellen declared that we will not see another financial crisis in our lifetime. The next year, legislation was passed that eased regulations on all but the largest banking institutions. It was music to the ears of capital markets awash in liquidity, low volatility, and high-risk tolerance. But in the midst of a sustained bout of blistering hot inflation that induced the U.S. Federal Reserve to whipsaw from effectively promising to keep interest rates pinned at 0% until at least 2024 this time two years ago to launching into its most aggressive rate hiking campaign since the 1970s this time a year ago, the consequences of such abrupt and dramatic monetary policy swings are now coming into view. The song is over, and what we have seen so far is likely only the beginning of what is ahead now.</p><h2>Getting in tune</h2><p>Much has been written and pontificated about what has taken place in the banking system over the last two week since March 8 when Fed Chair Jay Powell flexed before Congress that the Fed was poised to raise interest rates by a half point at its March 22 FOMC meeting (what a difference a fortnight makes). It’s not that nothing more needs to be said on these topics, but it is also worthwhile to step back and reflect on selected perspectives that may be getting overlooked as the narrative rapidly unfolds.</p><h2>March madness</h2><p>I don’t know about you, but debating whether the global financial system might implode is not the best way to relax over weekend. Yet for the past two weekends, that’s exactly what we’ve had to game out. During the weekend of March 11-12, we held our breath wondering whether the U.S. financial trinity – the Treasury, the Federal Reserve, and the FDIC – would come up with an emergency solution to save the financial system from rampant bank runs before the markets in Asia opened on Sunday night. The next weekend of March 18-19, we waited and wondered whether the Swiss would be able to arrange a shotgun merger between its two banking behemoths and prevent the meltdown of a Systemically Important Financial Institution (SIFI). What new crisis threatening the global financial system will we have to look forward to in the coming weekends? Only time will tell.</p><h2>Revising my teaching notes</h2><p>So as I prepare my Intro to Finance lecture discussing how creditors are paid in the event of a liquidation, the events of the past weekend have provided a whole new twist to the discussion. For when it comes to the order in which people traditionally get paid in liquidation, its secured debt holders first, then senior unsecured lenders, followed by junior subordinated debt holders, then preferred stockholders, and both last and least (and typically nothing at all) common stock holders. Needless to say it was eyebrow raising when in the case of Credit Suisse the subordinated debt holders got wiped out yet the common stock holders received $1 billion $2 billion $3 billion in a merger withUBSthat was completed without the customary shareholder approval vote.</p><p>Listen, I get it that there simply was not the time to get shareholders to vote on a deal that absolutely had to be done over a weekend, but not only exempting the rule of law but also having the deal structured in a way that leaves head scratching questions in terms of the way that it was structured is not the best for engendering investor confidence going forward. Something tells me that this may not be the last we hear AT1 debt and banking system instability uttered in the same sentence.</p><h2>Tightening lending standards</h2><p>If you are running a small or mid-sized regional bank, it has been a traumatic past two weeks. It has been particularly traumatic if you are among the small or mid-sized regional banks that exercised poor credit management by doing things like using your depositors&#39; money to load up on long-term Treasuries and MBS in 2021 just before they were set to lose as much as 30% of their value.</p><p>With this potential fight for survival in mind, you may be far less inclined today than you were two weeks ago as a small or mid-sized bank to lend money out to your institutional and retail customers. And if the regional banks that serve so many local communities across the country share this more cautious inclination, this means less home buying, less car buying, less consumer spending, less capital expenditures, and less hiring of new employees. Add all of these “less”es together, and you have an economic recession, just as we have seen several times in the recent past as evidenced in the chart below.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73611566280cece7f6e202ae8736df42\" tg-width=\"640\" tg-height=\"480\" width=\"100%\" height=\"auto\"/><span>Federal Reserve Bank of St. Louis, Board of Governors</span></p><p>The deeply inverted yield curve has been screaming recession for quite a while now, and recent developments across the banking landscape have not only meaningfully improved the probability of recession, but also that any such recession is likely to be a bit deeper and longer than previously anticipated.</p><p>The fact that stocks continue to trade at a premium coupled with the fact that corporate earnings are still toward the high end of their historical range with considerable room to come back down suggests that the road ahead for stocks over the next few months could get a bit bumpy before it’s all said and done.</p><h2>The banking crisis may do the Fed’s work</h2><p>If one wants to try to put a silver lining on idiosyncratic bank failures and stressful weekends waiting for emergency policy rescues, a positive that is likely to come from the recent banking crises and the probable tightening of lending standards is that it is likely to bring down inflation both further and faster than we would have seen otherwise. As I often like to say to my Principles of Macro students, if you have too much money chasing too few goods, a great way to solve it is by simply taking money away from people. And since politicians on all sides of the political aisle no longer have the resolve to actually raise taxes on anyone other than the ultra-wealthy, raising interest rates and tightening lending standards are ways to do it. If people don’t have money, they can’t spend it, and inflation comes back down.</p><p>A sooner and deeper recession may actually help at risk banks. What has put so many small and mid-sized banks at risk has been the precipitous decline in long-term Treasury and MBS prices. But if inflation comes down and the economy falls into recession, both of these forces are typically meaningful tailwinds for these same securities as interest rates eventually come back down and investors take flight to safety. It’s an interesting thought pretzel to think that an economic recession could help fix the banking crisis while an ongoing economic expansion could send more banks over the edge.</p><h2>Who’s next</h2><p>Bringing this all back together, it is very likely that we are still in the very early stages of a banking crisis that may take many months to play out. It is important to remember that when the U.S. Federal Reserve raises interest rates, it historically takes upwards of twelve months before the tightening effects of the rate hike have fully worked their way through the economy. And given that the Fed only started hiking rates at this time last year, this means that only the first 25 bps rate hike from last year has fully come out the other side and we have 450 bps of interest rate hikes still making their way through the proverbial snake. This includes four consecutive 75 bps bombs from the middle to latter part of last year as well as the latest 25 bps cherry on top of the rate hiking cycle cake that the Fed delivered coming out of their latest FOMC meeting this Wednesday. Somehow, I have a sneaking suspicion we may someday look back with derision on this last rate hike. It will be interesting to see.</p><p>With all of this in mind, we should remain mindful that the stream of banks under stress may not be continuous as we continue through 2023. We may go through prolonged stretches where it looks like the problem is behind us (May 2008, anyone?) only to find a new set of problems emerge in a different segment of the financial sector. Thus, keeping a close eye on further rumbles across the financial sector is a prudent strategy as we move forward from here.</p><p>As for who’s next in the meantime, I am not breaking any news by saying that First Republic Bank (FRC) remains the institution to watch. The situation remains highly tenuous despite the repeated efforts of both public and private institutions to resuscitate the ailing bank. If First Republic ultimately succumbs, pressure on other at risk regional banking institutions is not only likely to persist but amplify. On the other hand, if First Republic perseveres, such a period of relief from immediate banking stress may follow.</p><h2>Who’s last</h2><p>If we go through a worst case scenario thought exercise, it’s reasonable to consider where the road might end in the current banking crisis. A name that is worth monitoring in this regard is Bank of America (BAC), which of course is one of the largest financial institutions in the world and among the top of the SIFI category. Of course, nothing at all is imminently at issue with Bank of America, but it does have a notably larger long-term bond portfolio relative to its major banking institution peers. As a result, it is worth monitoring as a back-end measure of underlying financial sector stress.</p><h2>We won’t get fooled again</h2><p>Oh no, we so will. A defining characteristic of financial markets and the policy makers that oversee them is a memory that seemingly lasts about 18 months to two years at most. Unfortunately, this leads markets and policy makers to unwittingly and repeatedly fall into the same traps, only through different means. Fortunately for investors, such dislocations lead to attractive opportunities for those that are prepared and positioned to capitalize. Thus, maintaining a sharp focus on potential downside risks such as ongoing banking industry volatility is a productive way to navigate short-term turbulence while seeking to capitalize on long-term upside.</p><p><i>This article is written by Eric Parnell, CFA for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Banking Crisis: Who's Next</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\">\nBanking Crisis: Who's Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 16:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4589757-banking-crisis-who-is-next><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee them.What are the key takeaways thus far.Who's next and who's last.Imagesrouges/iStock via Getty ...</p>\n\n<a href=\"https://seekingalpha.com/article/4589757-banking-crisis-who-is-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行","KBE":"银行指数ETF-SPDR KBW","WAL":"阿莱恩斯西部银行","BAC":"美国银行","KRE":"区域银行指数ETF-SPDR KBW","WFC":"富国银行","SIVBQ":"硅谷银行"},"source_url":"https://seekingalpha.com/article/4589757-banking-crisis-who-is-next","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194295153","content_text":"SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee them.What are the key takeaways thus far.Who's next and who's last.Imagesrouges/iStock via Getty ImagesMeet the new bank crisisNOT the same as the old bank crisis. This is not the Great Financial Crisis II. It’s not the collapse of Long-Term Capital Management in 1998. It’s not the Great Depression either. A lot of what is taking placetoday has some rhymes with various past episodes, but we are charting new territory with new lessons to be learned to add to the future policy maker playbook. We are likely in the very early stages of this latest banking crisis that could take months if not years to play out. SVB Financial (SIVB), Signature Bank (SBNY), Silvergate Bank (SI), and Credit Suisse (CS) are already gone. Who’s next?The song is overOver the last fourteen years since the Great Financial Crisis (GFC), we were reassured that problems with the banks were behind us. In 2017, then Fed ChairJanet Yellen declared that we will not see another financial crisis in our lifetime. The next year, legislation was passed that eased regulations on all but the largest banking institutions. It was music to the ears of capital markets awash in liquidity, low volatility, and high-risk tolerance. But in the midst of a sustained bout of blistering hot inflation that induced the U.S. Federal Reserve to whipsaw from effectively promising to keep interest rates pinned at 0% until at least 2024 this time two years ago to launching into its most aggressive rate hiking campaign since the 1970s this time a year ago, the consequences of such abrupt and dramatic monetary policy swings are now coming into view. The song is over, and what we have seen so far is likely only the beginning of what is ahead now.Getting in tuneMuch has been written and pontificated about what has taken place in the banking system over the last two week since March 8 when Fed Chair Jay Powell flexed before Congress that the Fed was poised to raise interest rates by a half point at its March 22 FOMC meeting (what a difference a fortnight makes). It’s not that nothing more needs to be said on these topics, but it is also worthwhile to step back and reflect on selected perspectives that may be getting overlooked as the narrative rapidly unfolds.March madnessI don’t know about you, but debating whether the global financial system might implode is not the best way to relax over weekend. Yet for the past two weekends, that’s exactly what we’ve had to game out. During the weekend of March 11-12, we held our breath wondering whether the U.S. financial trinity – the Treasury, the Federal Reserve, and the FDIC – would come up with an emergency solution to save the financial system from rampant bank runs before the markets in Asia opened on Sunday night. The next weekend of March 18-19, we waited and wondered whether the Swiss would be able to arrange a shotgun merger between its two banking behemoths and prevent the meltdown of a Systemically Important Financial Institution (SIFI). What new crisis threatening the global financial system will we have to look forward to in the coming weekends? Only time will tell.Revising my teaching notesSo as I prepare my Intro to Finance lecture discussing how creditors are paid in the event of a liquidation, the events of the past weekend have provided a whole new twist to the discussion. For when it comes to the order in which people traditionally get paid in liquidation, its secured debt holders first, then senior unsecured lenders, followed by junior subordinated debt holders, then preferred stockholders, and both last and least (and typically nothing at all) common stock holders. Needless to say it was eyebrow raising when in the case of Credit Suisse the subordinated debt holders got wiped out yet the common stock holders received $1 billion $2 billion $3 billion in a merger withUBSthat was completed without the customary shareholder approval vote.Listen, I get it that there simply was not the time to get shareholders to vote on a deal that absolutely had to be done over a weekend, but not only exempting the rule of law but also having the deal structured in a way that leaves head scratching questions in terms of the way that it was structured is not the best for engendering investor confidence going forward. Something tells me that this may not be the last we hear AT1 debt and banking system instability uttered in the same sentence.Tightening lending standardsIf you are running a small or mid-sized regional bank, it has been a traumatic past two weeks. It has been particularly traumatic if you are among the small or mid-sized regional banks that exercised poor credit management by doing things like using your depositors' money to load up on long-term Treasuries and MBS in 2021 just before they were set to lose as much as 30% of their value.With this potential fight for survival in mind, you may be far less inclined today than you were two weeks ago as a small or mid-sized bank to lend money out to your institutional and retail customers. And if the regional banks that serve so many local communities across the country share this more cautious inclination, this means less home buying, less car buying, less consumer spending, less capital expenditures, and less hiring of new employees. Add all of these “less”es together, and you have an economic recession, just as we have seen several times in the recent past as evidenced in the chart below.Federal Reserve Bank of St. Louis, Board of GovernorsThe deeply inverted yield curve has been screaming recession for quite a while now, and recent developments across the banking landscape have not only meaningfully improved the probability of recession, but also that any such recession is likely to be a bit deeper and longer than previously anticipated.The fact that stocks continue to trade at a premium coupled with the fact that corporate earnings are still toward the high end of their historical range with considerable room to come back down suggests that the road ahead for stocks over the next few months could get a bit bumpy before it’s all said and done.The banking crisis may do the Fed’s workIf one wants to try to put a silver lining on idiosyncratic bank failures and stressful weekends waiting for emergency policy rescues, a positive that is likely to come from the recent banking crises and the probable tightening of lending standards is that it is likely to bring down inflation both further and faster than we would have seen otherwise. As I often like to say to my Principles of Macro students, if you have too much money chasing too few goods, a great way to solve it is by simply taking money away from people. And since politicians on all sides of the political aisle no longer have the resolve to actually raise taxes on anyone other than the ultra-wealthy, raising interest rates and tightening lending standards are ways to do it. If people don’t have money, they can’t spend it, and inflation comes back down.A sooner and deeper recession may actually help at risk banks. What has put so many small and mid-sized banks at risk has been the precipitous decline in long-term Treasury and MBS prices. But if inflation comes down and the economy falls into recession, both of these forces are typically meaningful tailwinds for these same securities as interest rates eventually come back down and investors take flight to safety. It’s an interesting thought pretzel to think that an economic recession could help fix the banking crisis while an ongoing economic expansion could send more banks over the edge.Who’s nextBringing this all back together, it is very likely that we are still in the very early stages of a banking crisis that may take many months to play out. It is important to remember that when the U.S. Federal Reserve raises interest rates, it historically takes upwards of twelve months before the tightening effects of the rate hike have fully worked their way through the economy. And given that the Fed only started hiking rates at this time last year, this means that only the first 25 bps rate hike from last year has fully come out the other side and we have 450 bps of interest rate hikes still making their way through the proverbial snake. This includes four consecutive 75 bps bombs from the middle to latter part of last year as well as the latest 25 bps cherry on top of the rate hiking cycle cake that the Fed delivered coming out of their latest FOMC meeting this Wednesday. Somehow, I have a sneaking suspicion we may someday look back with derision on this last rate hike. It will be interesting to see.With all of this in mind, we should remain mindful that the stream of banks under stress may not be continuous as we continue through 2023. We may go through prolonged stretches where it looks like the problem is behind us (May 2008, anyone?) only to find a new set of problems emerge in a different segment of the financial sector. Thus, keeping a close eye on further rumbles across the financial sector is a prudent strategy as we move forward from here.As for who’s next in the meantime, I am not breaking any news by saying that First Republic Bank (FRC) remains the institution to watch. The situation remains highly tenuous despite the repeated efforts of both public and private institutions to resuscitate the ailing bank. If First Republic ultimately succumbs, pressure on other at risk regional banking institutions is not only likely to persist but amplify. On the other hand, if First Republic perseveres, such a period of relief from immediate banking stress may follow.Who’s lastIf we go through a worst case scenario thought exercise, it’s reasonable to consider where the road might end in the current banking crisis. A name that is worth monitoring in this regard is Bank of America (BAC), which of course is one of the largest financial institutions in the world and among the top of the SIFI category. Of course, nothing at all is imminently at issue with Bank of America, but it does have a notably larger long-term bond portfolio relative to its major banking institution peers. As a result, it is worth monitoring as a back-end measure of underlying financial sector stress.We won’t get fooled againOh no, we so will. A defining characteristic of financial markets and the policy makers that oversee them is a memory that seemingly lasts about 18 months to two years at most. Unfortunately, this leads markets and policy makers to unwittingly and repeatedly fall into the same traps, only through different means. Fortunately for investors, such dislocations lead to attractive opportunities for those that are prepared and positioned to capitalize. Thus, maintaining a sharp focus on potential downside risks such as ongoing banking industry volatility is a productive way to navigate short-term turbulence while seeking to capitalize on long-term upside.This article is written by Eric Parnell, CFA for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928754175,"gmtCreate":1671410735998,"gmtModify":1676538531120,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Don't think he will ever do so, after spending so much on twitter. Did he not said, he won't sell tsla shares.... control freak btw&nbsp;","listText":"Don't think he will ever do so, after spending so much on twitter. Did he not said, he won't sell tsla shares.... control freak btw&nbsp;","text":"Don't think he will ever do so, after spending so much on twitter. Did he not said, he won't sell tsla shares.... control freak btw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928754175","repostId":"1168177056","repostType":2,"repost":{"id":"1168177056","kind":"news","pubTimestamp":1671409972,"share":"https://ttm.financial/m/news/1168177056?lang=&edition=fundamental","pubTime":"2022-12-19 08:32","market":"us","language":"en","title":"Musk Asks Twitter Users to Decide If He Should Step Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1168177056","media":"Bloomberg","summary":"Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he sh","content":"<html><head></head><body><p>Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he should step down as head of the social media site.</p><p>Twitter’s billionaire owner will abide by the results of the poll, he pledged in a tweet Sunday. Musk also said that going forward he will hold votes on major policy changes.</p><p>Since his takeover of Twitter, Musk has faced criticism for several of the changes he’s made at the company, including firing more than half its staff and allowing back previously barred users. Over the past week, he’s come under increased fire for banning multiple accounts for “doxxing” his location, including those of prominent journalists at the Washington Post, CNN and others.</p><p>Musk’s pledge to hold votes on policy changes came after Twitter on Sunday announced it will remove accounts “created solely” to promote other social media platforms. Accounts promoting rivals and containing links to sites such as Facebook, Instagram and Mastodon will be taken down, the company said.</p></body></html>","source":"lsy1584095487587","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>Musk Asks Twitter Users to Decide If He Should Step Down</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\">\nMusk Asks Twitter Users to Decide If He Should Step Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 08:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-18/elon-musk-holds-poll-on-whether-he-should-step-down-at-twitter><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he should step down as head of the social media site.Twitter’s billionaire owner will abide by the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-18/elon-musk-holds-poll-on-whether-he-should-step-down-at-twitter\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-18/elon-musk-holds-poll-on-whether-he-should-step-down-at-twitter","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168177056","content_text":"Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he should step down as head of the social media site.Twitter’s billionaire owner will abide by the results of the poll, he pledged in a tweet Sunday. Musk also said that going forward he will hold votes on major policy changes.Since his takeover of Twitter, Musk has faced criticism for several of the changes he’s made at the company, including firing more than half its staff and allowing back previously barred users. Over the past week, he’s come under increased fire for banning multiple accounts for “doxxing” his location, including those of prominent journalists at the Washington Post, CNN and others.Musk’s pledge to hold votes on policy changes came after Twitter on Sunday announced it will remove accounts “created solely” to promote other social media platforms. Accounts promoting rivals and containing links to sites such as Facebook, Instagram and Mastodon will be taken down, the company said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969938550,"gmtCreate":1668312200370,"gmtModify":1676538040304,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Understand the health insurance cpi has been adjusted downwards drastically and therefore the cpi was down slightly. Hidden hand?","listText":"Understand the health insurance cpi has been adjusted downwards drastically and therefore the cpi was down slightly. Hidden hand?","text":"Understand the health insurance cpi has been adjusted downwards drastically and therefore the cpi was down slightly. Hidden hand?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9969938550","repostId":"1190456060","repostType":2,"repost":{"id":"1190456060","kind":"news","pubTimestamp":1668302284,"share":"https://ttm.financial/m/news/1190456060?lang=&edition=fundamental","pubTime":"2022-11-13 09:18","market":"us","language":"en","title":"SPY: Bear Market Rally Or A Major Bottom?","url":"https://stock-news.laohu8.com/highlight/detail?id=1190456060","media":"Seeking Alpha","summary":"SummaryLarge 1-day rallies are usually associated with the bear market rallies.Major bottoms require a policy change.The Fed is still in inflation-fighting mode.gonin/iStock via Getty ImagesThe top 20: daily returns for S&P500The SPDR S&P 500 Trust ETF  that tracks the S&P500 soared by 5.5% Thursday  - and almost broke into the top 20 daily S&P500 returns in history - since the 1920s. So, what doesit mean?","content":"<html><head></head><body><h2>Summary</h2><ul><li>Large 1-day rallies are usually associated with the bear market rallies.</li><li>Major bottoms require a policy change.</li><li>The Fed is still in inflation-fighting mode.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5d234d2c3a6fdd66410e8c4fdc86a25\" tg-width=\"1080\" tg-height=\"608\" referrerpolicy=\"no-referrer\"/><span>gonin/iStock via Getty Images</span></p><h2>The top 20: daily returns for S&amp;P500</h2><p>The SPDR S&amp;P 500 Trust ETF (NYSEARCA:SPY) that tracks the S&amp;P500 soared by 5.5% Thursday (11/10/2022) - and almost broke into the top 20 daily S&amp;P500 returns in history - since the 1920s. So, what doesit mean? Is this just a bear market rally, or a signal of the major bottom. Let&#39;s first evaluate the top 20 list of the daily rates of return for the S&amp;P500:</p><p><img src=\"https://static.tigerbbs.com/9a00554a6ad210b0ab26216de0667def\" tg-width=\"927\" tg-height=\"1314\" referrerpolicy=\"no-referrer\"/></p><p>As you can see from the list above,</p><ul><li>12 out 20 top daily returns were the bear market rallies, and 8 out of these 12 were during the 1929-1932 bear market and the Great Depression.</li><li>8 out of 20 were the near-bottoms, bottoms, or after-bottoms, and 6 of these 8 were during the bottom associated with the 1932 Great Depression bottom.</li><li>2 out of 8 bottoms were associated with the bottoms of the sharp corrections, the 1987 and the 2020 bottom. The 1987 correction was not associated with a recession, and it is generally considered as a technical in nature. The 2020 bottom was associated with the extraordinary events related to covid19 and the monetary and fiscal covid stimuli.</li></ul><p>Based on the historical evidence, the 5.6% daily spike in S&amp;P500 (SPX) is either a signal of a major bottom or just another bear market rally.</p><h2>The major bottom thesis</h2><p>The major bottom thesis requires an actual bear market capitulation, such as the 1932 bottom, the 2003 bottom or 2009 bottom. In each of these cases, there was a clear policy response to stimulate the economy, both monetary and fiscal.</p><p>The 11/10/22 daily spike was in response to the positive surprise in the CPI inflation, which raised the hope of the Fed pivot - or a less aggressive monetary policy tightening.</p><p>As I previously explained, the full bear market has3 stages:1) the liquidity selloff in response to the Fed&#39;s monetary policy tightening, 2) the recessionary selloff caused by the Fed&#39;s tightening, and 3) the credit crunch (or a financial crisis) triggered by the deep recession.</p><p>The bullish case assumes that the current bear market ended with the Phase 1 - or with the peak Fed hawkishness. It&#39;s true, we are likely past the peak inflation, and thus the peak hawkishness.</p><p>However, the question is whether there is a Phase 2 coming - or a recessionary selloff, and whether &#34;something will break&#34; during the process and cause the Phase 3 and the credit crunch.</p><h2>The recessionary selloff</h2><p>The S&amp;P500 PE ratio after the 11/10 spike is 20.58. The market is still overvalued and not priced for a recession.</p><p>Is the recession coming? The spread between the 10Y Treasury Bond yield and the 3-Month Treasury Bill yield is the most reliable and the Fed-favored recession indicator, and once it inverts, the recession becomes almost a certainty.</p><p>Currently, the 10y-3mo spread is deeply inverted at -0.46%. Here is the chart:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70ef81e28bf62d769ca5f75f29feb339\" tg-width=\"640\" tg-height=\"237\" referrerpolicy=\"no-referrer\"/><span>FRED</span></p><p>Based on yield curve spread indicator, the recession is coming, and the market is not priced for it - based on the PE ratio of over 20. Thus, the current bear market has not bottomed yet, and the next Phase of the bear market is coming.</p><h2>Why is the 10Y-3mo curve inverted? Why is this signaling a recession?</h2><p>The 10Y-3mo spread is inverted because the Fed is hiking the short-term interest rates above the long-term interest rates. Why? To cause a recession to bring the inflation down.</p><p>The market hopes that the Fed will slow down with the interest rates hikes, because the inflation has peaked. Too late. The damage has been done. The Fed could even stop after the December 50bpt hike, the 10y-3mo spread has already inverted.</p><p>But don&#39;t count on the Fed to pause yet. If the core CPI printed today 4.3% (instead of actual 6.3%), and that was expected to persist, the Fed would still have to further hike. The target is 2% inflation.</p><p>But don&#39;t expect inflation to sharply fall either - without a deep recession. The economic war with China is still active, and it&#39;s more likely to escalate. This is inflationary. The war in Ukraine is still active and it&#39;s more likely to escalate. This is also inflationary. The unemployment rate in the US is still near record lows, and this is inflationary. The only thing the Fed can influence is the US unemployment rate - by inducing a recession.</p><h2>It&#39;s a bear market rally</h2><p>We are not at a major bottom; we are possibly in-between the Phase 1 selloff and a Phase 2 recessionary selloff. There are already signs of &#34;things breaking&#34; like the cryptocurrencies, which could lead to the Phase 3 selloff.</p><p>Bear market rallies happen during the &#34;in-between periods&#34;, so this bear market rally could continue. The bottom will be in-place when the Fed wants to the bottom to be in place - this will be the pivot the bulls are waiting: the Fed slashing interest rates and resuming QE. I don&#39;t think anybody expects this over the near term. Don&#39;t fight the Fed. The bear market rally is the opportunity to sell or re-short.</p><h2>SPY sector analysis</h2><p>AllSPYsectors were up significantly on 11/10/2022, led by the beaten down technology sector (XLK), the interest rate sensitive real estate sector (XLRE) and the cyclical discretionary sector (XLY). These sectors should not lead pre-recession, while the Fed is trying to cool off economy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d11bae7fc6e9bba3dee9e588bd902bb1\" tg-width=\"640\" tg-height=\"683\" referrerpolicy=\"no-referrer\"/><span>SelectSectorSPDR</span></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>SPY: Bear Market Rally Or A Major Bottom?</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\">\nSPY: Bear Market Rally Or A Major Bottom?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-13 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556371-spy-bear-market-rally-or-a-major-bottom><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryLarge 1-day rallies are usually associated with the bear market rallies.Major bottoms require a policy change.The Fed is still in inflation-fighting mode.gonin/iStock via Getty ImagesThe top 20...</p>\n\n<a href=\"https://seekingalpha.com/article/4556371-spy-bear-market-rally-or-a-major-bottom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4556371-spy-bear-market-rally-or-a-major-bottom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190456060","content_text":"SummaryLarge 1-day rallies are usually associated with the bear market rallies.Major bottoms require a policy change.The Fed is still in inflation-fighting mode.gonin/iStock via Getty ImagesThe top 20: daily returns for S&P500The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) that tracks the S&P500 soared by 5.5% Thursday (11/10/2022) - and almost broke into the top 20 daily S&P500 returns in history - since the 1920s. So, what doesit mean? Is this just a bear market rally, or a signal of the major bottom. Let's first evaluate the top 20 list of the daily rates of return for the S&P500:As you can see from the list above,12 out 20 top daily returns were the bear market rallies, and 8 out of these 12 were during the 1929-1932 bear market and the Great Depression.8 out of 20 were the near-bottoms, bottoms, or after-bottoms, and 6 of these 8 were during the bottom associated with the 1932 Great Depression bottom.2 out of 8 bottoms were associated with the bottoms of the sharp corrections, the 1987 and the 2020 bottom. The 1987 correction was not associated with a recession, and it is generally considered as a technical in nature. The 2020 bottom was associated with the extraordinary events related to covid19 and the monetary and fiscal covid stimuli.Based on the historical evidence, the 5.6% daily spike in S&P500 (SPX) is either a signal of a major bottom or just another bear market rally.The major bottom thesisThe major bottom thesis requires an actual bear market capitulation, such as the 1932 bottom, the 2003 bottom or 2009 bottom. In each of these cases, there was a clear policy response to stimulate the economy, both monetary and fiscal.The 11/10/22 daily spike was in response to the positive surprise in the CPI inflation, which raised the hope of the Fed pivot - or a less aggressive monetary policy tightening.As I previously explained, the full bear market has3 stages:1) the liquidity selloff in response to the Fed's monetary policy tightening, 2) the recessionary selloff caused by the Fed's tightening, and 3) the credit crunch (or a financial crisis) triggered by the deep recession.The bullish case assumes that the current bear market ended with the Phase 1 - or with the peak Fed hawkishness. It's true, we are likely past the peak inflation, and thus the peak hawkishness.However, the question is whether there is a Phase 2 coming - or a recessionary selloff, and whether \"something will break\" during the process and cause the Phase 3 and the credit crunch.The recessionary selloffThe S&P500 PE ratio after the 11/10 spike is 20.58. The market is still overvalued and not priced for a recession.Is the recession coming? The spread between the 10Y Treasury Bond yield and the 3-Month Treasury Bill yield is the most reliable and the Fed-favored recession indicator, and once it inverts, the recession becomes almost a certainty.Currently, the 10y-3mo spread is deeply inverted at -0.46%. Here is the chart:FREDBased on yield curve spread indicator, the recession is coming, and the market is not priced for it - based on the PE ratio of over 20. Thus, the current bear market has not bottomed yet, and the next Phase of the bear market is coming.Why is the 10Y-3mo curve inverted? Why is this signaling a recession?The 10Y-3mo spread is inverted because the Fed is hiking the short-term interest rates above the long-term interest rates. Why? To cause a recession to bring the inflation down.The market hopes that the Fed will slow down with the interest rates hikes, because the inflation has peaked. Too late. The damage has been done. The Fed could even stop after the December 50bpt hike, the 10y-3mo spread has already inverted.But don't count on the Fed to pause yet. If the core CPI printed today 4.3% (instead of actual 6.3%), and that was expected to persist, the Fed would still have to further hike. The target is 2% inflation.But don't expect inflation to sharply fall either - without a deep recession. The economic war with China is still active, and it's more likely to escalate. This is inflationary. The war in Ukraine is still active and it's more likely to escalate. This is also inflationary. The unemployment rate in the US is still near record lows, and this is inflationary. The only thing the Fed can influence is the US unemployment rate - by inducing a recession.It's a bear market rallyWe are not at a major bottom; we are possibly in-between the Phase 1 selloff and a Phase 2 recessionary selloff. There are already signs of \"things breaking\" like the cryptocurrencies, which could lead to the Phase 3 selloff.Bear market rallies happen during the \"in-between periods\", so this bear market rally could continue. The bottom will be in-place when the Fed wants to the bottom to be in place - this will be the pivot the bulls are waiting: the Fed slashing interest rates and resuming QE. I don't think anybody expects this over the near term. Don't fight the Fed. The bear market rally is the opportunity to sell or re-short.SPY sector analysisAllSPYsectors were up significantly on 11/10/2022, led by the beaten down technology sector (XLK), the interest rate sensitive real estate sector (XLRE) and the cyclical discretionary sector (XLY). These sectors should not lead pre-recession, while the Fed is trying to cool off economy.SelectSectorSPDR","news_type":1},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4087113414571300","authorId":"4087113414571300","name":"COTDS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4087113414571300","authorIdStr":"4087113414571300"},"content":"Explain more please","text":"Explain more please","html":"Explain more please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987672906,"gmtCreate":1667907602205,"gmtModify":1676537982790,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Which counter is not affected by macro environment now?","listText":"Which counter is not affected by macro environment now?","text":"Which counter is not affected by macro environment now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987672906","repostId":"1168988955","repostType":4,"repost":{"id":"1168988955","kind":"news","pubTimestamp":1667906367,"share":"https://ttm.financial/m/news/1168988955?lang=&edition=fundamental","pubTime":"2022-11-08 19:19","market":"us","language":"en","title":"Stay Away From Hard-Hit Google Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1168988955","media":"InvestorPlace","summary":"Trading for around 17.2 times earnings, on paper, Alphabet(GOOG, GOOGL) appears undervalued and over","content":"<html><head></head><body><ul><li>Trading for around 17.2 times earnings, on paper, <b>Alphabet</b>(<b><u>GOOG</u></b>, <b><u>GOOGL</u></b>) appears undervalued and oversold.</li><li>However, macro and company-specific challenges could continue to put pressure on the <b>Google</b> and <b>YouTube</b> parent’s shares.</li><li>While it may not be the time to sell, now’s not the time to enter or add to a position in GOOG stock.</li></ul><p>If you’re on the prowl for bargains among major tech stocks, you may be mulling making <b>Alphabet</b>(NASDAQ: <b><u>GOOG</u></b>, NASDAQ: <b><u>GOOGL</u></b>) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other major<b>Nasdaq</b>components.</p><p>With this large drop, shares in the tech giant, which is the parent company of <b>Google</b> and <b>YouTube</b>, have fallen to what appears to be a “cheap” valuation. It currently trades at a low price-to-earnings ratio, relative to its average multiple over the past decade.</p><p>Yet before diving in, you may want to reconsider. While “cheap on paper,” this mega-cap tech stock could continue to tumble, as market-related factors, as well as factors specific to the company, continue to apply pressure.</p><p>This calls into question whether now is the time to bottom fish in Alphabet stock.</p><p><b>Why GOOG Stock Isn’t Cheap</b></p><p>Currently, Alphabet shares trade for around17.2times earnings. Given that this stock regularly traded for between 25 and 30 times earnings during the 2010s, and during the 2020/2021 runaway bull market, it may seem odd why shares at present are so cheap.</p><p>But given recent macroeconomic changes, and their impact on both the valuation of GOOG stock, as well as the company’s underlying operating performance, it’s not a big mystery. As you likely know, the Federal Reserve’s raising of interest rates, in response to the big inflation spike, has put considerable pressure on tech and growth stock valuations.</p><p>Tech/growth stocks are typically priced based more on future potential than current results. In the past year, with interest rates soaring from near-zero, to levels last seen in the late 2000s, the present value of expected future cash flows for tech/growth has reversed in a big way, hence the severe multiple compression.</p><p>That’s not all. Rising rates have also started to affect the operating performance of tech companies, GOOG included (more below). With all this in mind, Alphabet’s sharp sell-off was justified. If that’s not discouraging enough, the above-listed factors stand to continue affecting the stock’s performance.</p><p><b>Why You Shouldn’t Buy Now</b></p><p>If GOOG stock looks cheap compared to current results, it’s even cheaper relative to future estimates. Per analyst forecasts, Alphabet’s earnings per share (or EPS) are expected to bounce back to$5.35in 2023, and $6.26 in 2024.</p><p>However, don’t assume this forecast signals a return to triple-digit prices for Alphabet shares is just around the corner. For starters, if you’re looking to bet on a 2024 comeback, the factors mentioned above point to GOOG’s stock price continuing to drop before a comeback starts to happen.</p><p>Furthermore, it’s debatable whether a 2023/2024 recovery will play out. On Oct. 25, Alphabet reported dismal numbers for the third quarter of 2022. Revenue growth decelerated sharply, falling from 41% in Q3 2021, to only 6% in Q3 2022. EPS dropped by nearly 25%. Both figures fell short of expectations.</p><p>If Alphabet’s performance has taken this big of a hit in a mere economic slowdown, how it fares in a recession could be far worse than presently expected. Instead of EPS getting back near the high-water mark set in 2021 ($5.61), GOOG’s profitability could decline again in 2023, and only start to bounce back in 2024.</p><p><b>The Best Move Today With GOOG Stock</b></p><p>It’s hard to anticipate when exactly Alphabet stock is going to get out of its slump. A lot hinges on the Fed’s moves with interest rates in 2023. If high inflation persists, prompting the Fed not to lower rates, next year, it will be difficult for GOOG to rise back up to a higher forward multiple.</p><p>If rates remain high, the resultant impact on economic activity could hurt the performance of Alphabet’s digital advertising business (its bread-and-butter), as well as the performance of its faster-growing Google Cloud cloud computing unit.</p><p>For now, it’s best to assume that shares will continue to languish, with even a partial recovery taking longer than expected to take shape. That’s not to say you should consider GOOG stock a growth stock to sell, but now’s not the time to enter or add to a position.</p><p>GOOG stock earns a D rating in <i>Portfolio Grader</i>.</p></body></html>","source":"investorplace","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>Stay Away From Hard-Hit Google Stock</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\">\nStay Away From Hard-Hit Google Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-08 19:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2022/11/stay-away-from-hard-hit-goog-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trading for around 17.2 times earnings, on paper, Alphabet(GOOG, GOOGL) appears undervalued and oversold.However, macro and company-specific challenges could continue to put pressure on the Google and...</p>\n\n<a href=\"https://investorplace.com/market360/2022/11/stay-away-from-hard-hit-goog-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://investorplace.com/market360/2022/11/stay-away-from-hard-hit-goog-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168988955","content_text":"Trading for around 17.2 times earnings, on paper, Alphabet(GOOG, GOOGL) appears undervalued and oversold.However, macro and company-specific challenges could continue to put pressure on the Google and YouTube parent’s shares.While it may not be the time to sell, now’s not the time to enter or add to a position in GOOG stock.If you’re on the prowl for bargains among major tech stocks, you may be mulling making Alphabet(NASDAQ: GOOG, NASDAQ: GOOGL) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other majorNasdaqcomponents.With this large drop, shares in the tech giant, which is the parent company of Google and YouTube, have fallen to what appears to be a “cheap” valuation. It currently trades at a low price-to-earnings ratio, relative to its average multiple over the past decade.Yet before diving in, you may want to reconsider. While “cheap on paper,” this mega-cap tech stock could continue to tumble, as market-related factors, as well as factors specific to the company, continue to apply pressure.This calls into question whether now is the time to bottom fish in Alphabet stock.Why GOOG Stock Isn’t CheapCurrently, Alphabet shares trade for around17.2times earnings. Given that this stock regularly traded for between 25 and 30 times earnings during the 2010s, and during the 2020/2021 runaway bull market, it may seem odd why shares at present are so cheap.But given recent macroeconomic changes, and their impact on both the valuation of GOOG stock, as well as the company’s underlying operating performance, it’s not a big mystery. As you likely know, the Federal Reserve’s raising of interest rates, in response to the big inflation spike, has put considerable pressure on tech and growth stock valuations.Tech/growth stocks are typically priced based more on future potential than current results. In the past year, with interest rates soaring from near-zero, to levels last seen in the late 2000s, the present value of expected future cash flows for tech/growth has reversed in a big way, hence the severe multiple compression.That’s not all. Rising rates have also started to affect the operating performance of tech companies, GOOG included (more below). With all this in mind, Alphabet’s sharp sell-off was justified. If that’s not discouraging enough, the above-listed factors stand to continue affecting the stock’s performance.Why You Shouldn’t Buy NowIf GOOG stock looks cheap compared to current results, it’s even cheaper relative to future estimates. Per analyst forecasts, Alphabet’s earnings per share (or EPS) are expected to bounce back to$5.35in 2023, and $6.26 in 2024.However, don’t assume this forecast signals a return to triple-digit prices for Alphabet shares is just around the corner. For starters, if you’re looking to bet on a 2024 comeback, the factors mentioned above point to GOOG’s stock price continuing to drop before a comeback starts to happen.Furthermore, it’s debatable whether a 2023/2024 recovery will play out. On Oct. 25, Alphabet reported dismal numbers for the third quarter of 2022. Revenue growth decelerated sharply, falling from 41% in Q3 2021, to only 6% in Q3 2022. EPS dropped by nearly 25%. Both figures fell short of expectations.If Alphabet’s performance has taken this big of a hit in a mere economic slowdown, how it fares in a recession could be far worse than presently expected. Instead of EPS getting back near the high-water mark set in 2021 ($5.61), GOOG’s profitability could decline again in 2023, and only start to bounce back in 2024.The Best Move Today With GOOG StockIt’s hard to anticipate when exactly Alphabet stock is going to get out of its slump. A lot hinges on the Fed’s moves with interest rates in 2023. If high inflation persists, prompting the Fed not to lower rates, next year, it will be difficult for GOOG to rise back up to a higher forward multiple.If rates remain high, the resultant impact on economic activity could hurt the performance of Alphabet’s digital advertising business (its bread-and-butter), as well as the performance of its faster-growing Google Cloud cloud computing unit.For now, it’s best to assume that shares will continue to languish, with even a partial recovery taking longer than expected to take shape. That’s not to say you should consider GOOG stock a growth stock to sell, but now’s not the time to enter or add to a position.GOOG stock earns a D rating in Portfolio Grader.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985767930,"gmtCreate":1667467878020,"gmtModify":1676537923129,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Not comfortable how the funds could be deployed freely for metaverse dream","listText":"Not comfortable how the funds could be deployed freely for metaverse dream","text":"Not comfortable how the funds could be deployed freely for metaverse dream","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985767930","repostId":"1113649059","repostType":4,"repost":{"id":"1113649059","kind":"news","pubTimestamp":1667456462,"share":"https://ttm.financial/m/news/1113649059?lang=&edition=fundamental","pubTime":"2022-11-03 14:21","market":"us","language":"en","title":"Meta Platforms: Once In A Lifetime Buying Opportunity?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113649059","media":"seeking alpha","summary":"SummaryMeta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share decl","content":"<html><head></head><body><h2>Summary</h2><ul><li>Meta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share declined.</li><li>While the company is clearly struggling, the underlying business is still growing, with the number of DAUs increasing and monetization of reels making progress.</li><li>Investors are scared by Zuckerberg&#39;s vision of the Metaverse and the necessary spendings and ignore the underlying, solid business.</li><li>Meta Platforms is deeply undervalued and a great buying opportunity.</li></ul><p><img src=\"https://static.tigerbbs.com/6f02a96342a01b6562b28beddadc0f69\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The pessimism surrounding Meta Platforms, Inc. (NASDAQ:META) is astonishing but certainly not unprecedented. The performance of the stock is reminding of several technology companies during the Dotcom crash and recently several technology companies – including the Chinese counterpart Tencent Holdings (OTCPK:TCEHY,OTCPK:TCTZF) – performed similar. So far, Meta Platforms has lost 75% of its value and turned from a company that was briefly worth above $1 trillion (and among the top companies in the world by market cap) to a $250 billion company ranging only on the 33rdspot on the list of themost valuable companiesin the world.</p><p><img src=\"https://static.tigerbbs.com/149e1f6c0f1b06f4bd721a865db34fac\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>When reading comments – including comments on Seeking Alpha – I seldom see analysis and logic but just expressions of hate for Mark Zuckerberg, using the word “woke” countless times and talking about “Karma.” And while this is obviously no analysis, it is an expression for the sentiment surrounding Meta Platforms. In such a sentiment-driven environment, decisions are often lacking the necessary objectivity to make good investment– which might explain why the stock is trading below $100 and close to the point of maximum pessimism.</p><h2><b>Declining Profitability</b></h2><p>Of course, fundamentals also justify the stock to go lower from its previous all-time highs of $380. And one fundamental problem is the declining profitability for Meta Platforms in the last few quarters. In Q3/22, the company had to report huge declines for the bottom line once again. Diluted earnings per share declined from $3.22 in the same quarter last year to $1.64 this quarter. And when looking at the results for the first nine months, EPS declined from $10.11 in the same timeframe last year to $6.82 this year.</p><p><img src=\"https://static.tigerbbs.com/857f2d072c54ddaffb7f3a2686bbd0fb\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Q3/22 Earnings Release</p><p>When looking for the reasons, we can mention several aspects. Although playing only a small role, interest payments of $88 million had a negative effect (due to the company’s $10 billion in long-term debt). Cost of revenue declined about 1% to $5,716 million, but the operating expenses increased dramatically. General and administrative expenses increased 14.9% year-over-year to $3,384 million, and research and development expenses increased 45.2% YoY to $9,170 million. And the result was operating income cut in half from $10,423 million in Q3/21 to $5,664 million this quarter.</p><h2><b>Top Line Growth Slowing Down</b></h2><p>But not only increased costs had a negative effect. Revenue also declined from $29,010 million in Q3/21 to $27,714 million in Q3/22 – resulting in 4.5% decline YoY. Management was pointing out, that on a constant currency basis revenue increased 2% year-over-year. We can also look at the different regions and different segments and see mixed trends. Dave Wehner gave detailsduring the last earnings call:</p><blockquote>The healthcare and travel verticals were the largest positive contributors to growth in Q3. However, this was offset by continued softness in other verticals, including online commerce, gaming, financial services and CPG. On an advertiser size basis, revenue growth from large advertisers remains challenged, while we have seen more resilience among smaller advertisers. Foreign currency was a significant headwind to advertising revenue growth in all international regions. On a user geography basis, year-over-year ad revenue growth was strongest in Asia-Pacific and rest of world at 6% and 3% respectively, with both regions continuing to benefit meaningfully from strong growth in click-to-messaging ads. North America and Europe declined 3% and 16% respectively.</blockquote><p>And during the last few quarters, growth clearly slowed down – when looking at the TTM numbers, revenue growth declined for four quarters in a row from 42.33% growth in September 2021 to only 5.15% right now.</p><p><img src=\"https://static.tigerbbs.com/a6f1dc184b6d72641ab76558dc000ef3\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms TTM numbers, year-over-year growth(Seeking Alpha)</p><h2><b>Problems, Problems, Problems?</b></h2><p>We should not ignore the problems Meta Platforms is clearly facing. Revenue growth is slowing down and, due to increasing costs (we will get to that), profitability is declining and earnings per share are crumbling. And the stock certainly deserved to decline in value, but a 75% decline was unjustified – especially as Meta Platforms was not so expensive to begin with (even more true when comparing to several other hyped stocks). When looking at the results in more detail, there are signs to be optimistic.</p><p><b><i>Small Signs of Growth</i></b></p><p>First, on a constant currency basis, revenue increased 2% year-over-year. This is still not great, but we should also not ignore the strong U.S. dollar being a headwind – for Meta Platforms as well as most other U.S. companies. And daily active users for the Family of Apps increased from 2.88 billion last quarter to 2.93 billion this quarter, and year-over-year the DAUs increased about 4%. And daily active users for Facebook also increased from 1,930 million in the same quarter last year to 1,984 million this quarter – resulting in 2.8% year-over-year growth.</p><p><img src=\"https://static.tigerbbs.com/99b9c09e1b3a13a76dc14da26b4f091c\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms Q3/22 Presentation</p><p>Of course, these are not impressive growth rates, but the company is still growing which is good news. During the earnings call, Dave Wehner stated:</p><blockquote>So on time spent, we are really pleased with what we’re seeing on engagement. And as Mark mentioned, Reels is incremental to time spent. Specifically, in terms of aggregate time spent on Instagram and Facebook, both are up year-over-year and in both the U.S. and globally.</blockquote><p>And while revenue stagnated, the total number of ad impressions served across the different apps increased 17%, which is a good sign for underlying growth. Growth was especially driven by Asia-Pacific and rest of world. On the other hand, the average price per ad decreased 18%, but the reasons might be temporary – like the shift to Reels.</p><p><b><i>Shift to Reels</i></b></p><p>Another reason for the top-line troubles is the move from Feed and Stories to Reels, as the monetization is still problematic. During the earnings call, Mark Zuckerberg commented:</p><blockquote>Moving to monetization, I’ve discussed in the past how the growth of short-form video creates near-term challenges since Reels doesn’t monetize at the rate of Feed or Stories yet. That means that as Reels grows, we are displacing revenue from higher monetizing surfaces. And I think this is clearly the right thing to do, so Reels can grow with the demand that we are seeing, but closing this gap is also a high priority. Even with the progress we have made, we are still choosing to take a more than $500 million quarterly revenue headwind with this shift, but we expect to get to a more neutral place over the next 10 – sort of 12 to 18 months. I mentioned last quarter that Instagram Reels had crossed a $1 billion annual revenue run-rate. We continue scaling monetization across both Instagram and Facebook and the combined run-rate across these apps is now $3 billion.</blockquote><p>And Reels is growing quickly and at a high pace. According to Zuckerberg, there are more than 140 billion Reels plays across Facebook and Instagram each day, which is a 50% increase from 6 months ago. And although this is not backed up by numbers, Zuckerberg believes that Meta is gaining time spent share on competitors like TikTok.</p><p>And the path for Reels monetization seems similar than the path towards monetization of Feeds or the switch to mobile. The company first had to focus on increasing engagement and growing demand for the products. Monetization efficiency followed in the next step. But Zuckerberg also admits it is hard to predict the monetization efficiency for Reels in advance.</p><p><b><i>New Ways of Monetization</i></b></p><p>Aside from trying to monetize Reels more efficiently, Meta Platforms is also seeing another major monetization opportunity in messaging. During the last earnings call, Mark Zuckerberg explained:</p><blockquote>Beyond Reels, messaging is another major monetization opportunity. Billions of people and millions of businesses use WhatsApp and Messenger everyday and we are confident that we can connect them in ways that create valuable experiences. We started with click-to-messaging ads which lets businesses run ads on Facebook and Instagram that start a thread on Messenger, WhatsApp or Instagram Direct, so they can communicate with customers directly. And this is one of our fastest growing ads products with a $9 billion annual run-rate.</blockquote><p>In theprevious earnings call, the company already pointed out the big potential it sees in messaging. Meta Platforms reported strong double-digit year-over-year growth rates, and these messages are particular popular with small and medium-sized businesses in emerging markets like Brazil and Mexico.</p><h2><b>Scary Metaverse</b></h2><p>In my opinion, investors are mostly scared by Mark Zuckerberg’s plans for the Metaverse and the huge expenses necessary. By focusing on the Metaverse (and seeing it as a huge cash-burning fantasy of a billionaire), they are overlooking that Meta Platforms is still a solid, highly profitable cash cow (yes it is, even when it will struggle for a few quarters). And the vision of the Metaverse is generating uncertainty, and investors don’t like uncertainty.</p><p>And there are reasons to be cautious (or even pessimistic). In the last few weeks, disappointing data about the Metaverse has been reported – aboutusers not returningand fewer than 200k users signing up forthe Horizon World. And when looking at the results for the third quarter of fiscal 2022, revenue for the Reality Labs business segment was only $285 million and 49% lower than in the same quarter last year. And not very surprisingly, the segment had to report an operating loss once again - $3,672 million. And when looking at the last eight quarters, this is the biggest operating loss for the segment so far.</p><p><img src=\"https://static.tigerbbs.com/ef035e590029c005f6cf20a38e2d2cd8\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms Q3/22 Presentation</p><p>What shocked investors in particular was the fact that Meta Platforms won’t cut down on spendings and will continue to rely heavily on its vision of the Metaverse. While total expenses for fiscal 2022 are expected to be in the range of $85 billion to $87 billion, management is anticipating full year 2023 total expenses to be in the range of $96 billion to $101 billion. And management is also anticipating that Reality Labs operating losses will grow significantly year-over-year.</p><p>And the voices are getting louder that Mark Zuckerberg should let go of his vision of the Metaverse and cut spendings to an absolute minimum. But Zuckerberg seems to hold on to his vision, and although he is acknowledging it will take time (several years) and several tries before the right platforms and apps exist, he is optimistic that Meta Platforms is on the right path:</p><blockquote>Work in the metaverse is a big theme for Quest Pro. There are 200 million people who get new PCs every year, mostly for work. And our goal for the Quest Pro line over the next several years is to enable more and more of these people to get their work done in virtual and mixed reality eventually even better than they could on PCs. And to deliver a great work and productivity experience, I am excited about the partnerships that we announced with Microsoft, bringing their suite of productivity and enterprise management services to Quest; Adobe and Autodesk bringing their creative tools; Zoom bringing their communication platform; Accenture building solutions for enterprises and more.</blockquote><h2><b>Takeaway</b></h2><p>In my opinion, we can break this story down in two key messages:</p><ol><li><b>Business Cycle</b>: Meta Platforms is a company undergoing a cyclical low – like several other technology companies – and is therefore reporting low growth rates and is struggling on several fronts. Considering the fact that we are on the eve of a major recession it is not surprising for a business depending on advertisement revenue to report slowing revenue growth. And not only Meta Platforms is struggling – peers like Alphabet (GOOG,GOOGL), Amazon (AMZN), and Tencent are struggling as well.</li><li><b>Investing in the future</b>: Meta Platforms is investing in its huge vision of the metaverse, which is expensive and has a negative impact on the bottom line and the company’s ability to generate free cash flow.</li></ol><p>These two aspects combined create a scenario that looks like Armageddon for Meta Platforms – but it is not. The first problem (the cyclical low) will pass, and revenue growth and profitability will increase again. The second problem (high expenditures) could actually be a huge opportunity for billions and billions in profits in the years to come. And this is even if the scenario that Meta Platforms is failing with its vision of the Metaverse and Facebook and Instagram just returning to normal ways of profitability after the recession is not priced in (the current stock price, at least).</p><p><b>Intrinsic Value Calculation</b></p><p>And as I have mentioned several times in the past, the Metaverse does not have to work out in any way for Meta Platforms to be a bargain. It is not like we are paying any form of premium for Meta Platforms on the hope of billions in profits from the Metaverse. Just returning to previous profitability levels and generating about $40 billion in free cash flow would make the stock worth about $150 (without any growth assumptions).</p><p>And although it sounds absurd right now, Meta Platforms should be able to grow in the mid-to-high single digits in the years to come. Not only have we to assume Meta Platforms being able to grow its top line again. Additionally, Meta Platforms could use share buybacks to grow its bottom line (if all the other growth initiatives won’t work). Last quarter, Meta Platforms spent $7,365 million on share buybacks, which is resulting in $29,460 million on annual share buybacks. At the current depressed stock price, this is enough to repurchase more than 10% of outstanding shares and add 10% growth to the bottom line. Combined with revenue growth, this would lead to double-digit growth for Meta Platforms.</p><p><img src=\"https://static.tigerbbs.com/3a3f2e36a81b7d1cc2906ceb54b94bbb\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms Q3/22 Presentation</p><p>Free cash flow in the last four quarters was $25,713 million and we are using this amount as basis in our calculation. For fiscal 2023, we assume 0% growth as the company is not so optimistic for the next years and the recession will have a negative impact. For the years from fiscal 2024 going forward (and till perpetuity), we assume only 5% growth. This is resulting in an intrinsic value of $182.69 (assuming 2,687 million outstanding shares and 10% discount rate). When assuming 6% instead, the intrinsic value would be $221.44, and these are still cautious assumptions.</p><h2>Conclusion</h2><p>In past articles I mentioned several times that I don’t like the term “buying opportunity of a lifetime” – especially as it was often used after small corrections implying that a 10% or 20% correction is already generating a deeply undervalued stock. But Meta Platforms is a huge buying opportunity, in my opinion, and the stock could easily double or triple over the next few years as Meta Platforms is trading nowhere close to its intrinsic value. In different calculations (which I did not include in this article), we also get an intrinsic value around $400 for Meta Platforms right now.</p><p>And in the coming quarters, bad news will continue as the recession, which will hit the United States with a highprobability in 2023, will lead to more trouble for Meta Platforms. But at this point, most of the bad news should be priced in, and further bad news should not be a major shock. Over the next few years, you probably won’t regret an investment in Meta Platforms (and for the next few quarters just go to sleep, as we don’t know what will happen).</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>Meta Platforms: Once In A Lifetime Buying Opportunity?</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\">\nMeta Platforms: Once In A Lifetime Buying Opportunity?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 14:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4551989-meta-platforms-once-in-a-lifetime-buying-opportunity><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMeta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share declined.While the company is clearly struggling, the underlying business is still growing, with the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4551989-meta-platforms-once-in-a-lifetime-buying-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4551989-meta-platforms-once-in-a-lifetime-buying-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113649059","content_text":"SummaryMeta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share declined.While the company is clearly struggling, the underlying business is still growing, with the number of DAUs increasing and monetization of reels making progress.Investors are scared by Zuckerberg's vision of the Metaverse and the necessary spendings and ignore the underlying, solid business.Meta Platforms is deeply undervalued and a great buying opportunity.The pessimism surrounding Meta Platforms, Inc. (NASDAQ:META) is astonishing but certainly not unprecedented. The performance of the stock is reminding of several technology companies during the Dotcom crash and recently several technology companies – including the Chinese counterpart Tencent Holdings (OTCPK:TCEHY,OTCPK:TCTZF) – performed similar. So far, Meta Platforms has lost 75% of its value and turned from a company that was briefly worth above $1 trillion (and among the top companies in the world by market cap) to a $250 billion company ranging only on the 33rdspot on the list of themost valuable companiesin the world.Data byYChartsWhen reading comments – including comments on Seeking Alpha – I seldom see analysis and logic but just expressions of hate for Mark Zuckerberg, using the word “woke” countless times and talking about “Karma.” And while this is obviously no analysis, it is an expression for the sentiment surrounding Meta Platforms. In such a sentiment-driven environment, decisions are often lacking the necessary objectivity to make good investment– which might explain why the stock is trading below $100 and close to the point of maximum pessimism.Declining ProfitabilityOf course, fundamentals also justify the stock to go lower from its previous all-time highs of $380. And one fundamental problem is the declining profitability for Meta Platforms in the last few quarters. In Q3/22, the company had to report huge declines for the bottom line once again. Diluted earnings per share declined from $3.22 in the same quarter last year to $1.64 this quarter. And when looking at the results for the first nine months, EPS declined from $10.11 in the same timeframe last year to $6.82 this year.Meta Q3/22 Earnings ReleaseWhen looking for the reasons, we can mention several aspects. Although playing only a small role, interest payments of $88 million had a negative effect (due to the company’s $10 billion in long-term debt). Cost of revenue declined about 1% to $5,716 million, but the operating expenses increased dramatically. General and administrative expenses increased 14.9% year-over-year to $3,384 million, and research and development expenses increased 45.2% YoY to $9,170 million. And the result was operating income cut in half from $10,423 million in Q3/21 to $5,664 million this quarter.Top Line Growth Slowing DownBut not only increased costs had a negative effect. Revenue also declined from $29,010 million in Q3/21 to $27,714 million in Q3/22 – resulting in 4.5% decline YoY. Management was pointing out, that on a constant currency basis revenue increased 2% year-over-year. We can also look at the different regions and different segments and see mixed trends. Dave Wehner gave detailsduring the last earnings call:The healthcare and travel verticals were the largest positive contributors to growth in Q3. However, this was offset by continued softness in other verticals, including online commerce, gaming, financial services and CPG. On an advertiser size basis, revenue growth from large advertisers remains challenged, while we have seen more resilience among smaller advertisers. Foreign currency was a significant headwind to advertising revenue growth in all international regions. On a user geography basis, year-over-year ad revenue growth was strongest in Asia-Pacific and rest of world at 6% and 3% respectively, with both regions continuing to benefit meaningfully from strong growth in click-to-messaging ads. North America and Europe declined 3% and 16% respectively.And during the last few quarters, growth clearly slowed down – when looking at the TTM numbers, revenue growth declined for four quarters in a row from 42.33% growth in September 2021 to only 5.15% right now.Meta Platforms TTM numbers, year-over-year growth(Seeking Alpha)Problems, Problems, Problems?We should not ignore the problems Meta Platforms is clearly facing. Revenue growth is slowing down and, due to increasing costs (we will get to that), profitability is declining and earnings per share are crumbling. And the stock certainly deserved to decline in value, but a 75% decline was unjustified – especially as Meta Platforms was not so expensive to begin with (even more true when comparing to several other hyped stocks). When looking at the results in more detail, there are signs to be optimistic.Small Signs of GrowthFirst, on a constant currency basis, revenue increased 2% year-over-year. This is still not great, but we should also not ignore the strong U.S. dollar being a headwind – for Meta Platforms as well as most other U.S. companies. And daily active users for the Family of Apps increased from 2.88 billion last quarter to 2.93 billion this quarter, and year-over-year the DAUs increased about 4%. And daily active users for Facebook also increased from 1,930 million in the same quarter last year to 1,984 million this quarter – resulting in 2.8% year-over-year growth.Meta Platforms Q3/22 PresentationOf course, these are not impressive growth rates, but the company is still growing which is good news. During the earnings call, Dave Wehner stated:So on time spent, we are really pleased with what we’re seeing on engagement. And as Mark mentioned, Reels is incremental to time spent. Specifically, in terms of aggregate time spent on Instagram and Facebook, both are up year-over-year and in both the U.S. and globally.And while revenue stagnated, the total number of ad impressions served across the different apps increased 17%, which is a good sign for underlying growth. Growth was especially driven by Asia-Pacific and rest of world. On the other hand, the average price per ad decreased 18%, but the reasons might be temporary – like the shift to Reels.Shift to ReelsAnother reason for the top-line troubles is the move from Feed and Stories to Reels, as the monetization is still problematic. During the earnings call, Mark Zuckerberg commented:Moving to monetization, I’ve discussed in the past how the growth of short-form video creates near-term challenges since Reels doesn’t monetize at the rate of Feed or Stories yet. That means that as Reels grows, we are displacing revenue from higher monetizing surfaces. And I think this is clearly the right thing to do, so Reels can grow with the demand that we are seeing, but closing this gap is also a high priority. Even with the progress we have made, we are still choosing to take a more than $500 million quarterly revenue headwind with this shift, but we expect to get to a more neutral place over the next 10 – sort of 12 to 18 months. I mentioned last quarter that Instagram Reels had crossed a $1 billion annual revenue run-rate. We continue scaling monetization across both Instagram and Facebook and the combined run-rate across these apps is now $3 billion.And Reels is growing quickly and at a high pace. According to Zuckerberg, there are more than 140 billion Reels plays across Facebook and Instagram each day, which is a 50% increase from 6 months ago. And although this is not backed up by numbers, Zuckerberg believes that Meta is gaining time spent share on competitors like TikTok.And the path for Reels monetization seems similar than the path towards monetization of Feeds or the switch to mobile. The company first had to focus on increasing engagement and growing demand for the products. Monetization efficiency followed in the next step. But Zuckerberg also admits it is hard to predict the monetization efficiency for Reels in advance.New Ways of MonetizationAside from trying to monetize Reels more efficiently, Meta Platforms is also seeing another major monetization opportunity in messaging. During the last earnings call, Mark Zuckerberg explained:Beyond Reels, messaging is another major monetization opportunity. Billions of people and millions of businesses use WhatsApp and Messenger everyday and we are confident that we can connect them in ways that create valuable experiences. We started with click-to-messaging ads which lets businesses run ads on Facebook and Instagram that start a thread on Messenger, WhatsApp or Instagram Direct, so they can communicate with customers directly. And this is one of our fastest growing ads products with a $9 billion annual run-rate.In theprevious earnings call, the company already pointed out the big potential it sees in messaging. Meta Platforms reported strong double-digit year-over-year growth rates, and these messages are particular popular with small and medium-sized businesses in emerging markets like Brazil and Mexico.Scary MetaverseIn my opinion, investors are mostly scared by Mark Zuckerberg’s plans for the Metaverse and the huge expenses necessary. By focusing on the Metaverse (and seeing it as a huge cash-burning fantasy of a billionaire), they are overlooking that Meta Platforms is still a solid, highly profitable cash cow (yes it is, even when it will struggle for a few quarters). And the vision of the Metaverse is generating uncertainty, and investors don’t like uncertainty.And there are reasons to be cautious (or even pessimistic). In the last few weeks, disappointing data about the Metaverse has been reported – aboutusers not returningand fewer than 200k users signing up forthe Horizon World. And when looking at the results for the third quarter of fiscal 2022, revenue for the Reality Labs business segment was only $285 million and 49% lower than in the same quarter last year. And not very surprisingly, the segment had to report an operating loss once again - $3,672 million. And when looking at the last eight quarters, this is the biggest operating loss for the segment so far.Meta Platforms Q3/22 PresentationWhat shocked investors in particular was the fact that Meta Platforms won’t cut down on spendings and will continue to rely heavily on its vision of the Metaverse. While total expenses for fiscal 2022 are expected to be in the range of $85 billion to $87 billion, management is anticipating full year 2023 total expenses to be in the range of $96 billion to $101 billion. And management is also anticipating that Reality Labs operating losses will grow significantly year-over-year.And the voices are getting louder that Mark Zuckerberg should let go of his vision of the Metaverse and cut spendings to an absolute minimum. But Zuckerberg seems to hold on to his vision, and although he is acknowledging it will take time (several years) and several tries before the right platforms and apps exist, he is optimistic that Meta Platforms is on the right path:Work in the metaverse is a big theme for Quest Pro. There are 200 million people who get new PCs every year, mostly for work. And our goal for the Quest Pro line over the next several years is to enable more and more of these people to get their work done in virtual and mixed reality eventually even better than they could on PCs. And to deliver a great work and productivity experience, I am excited about the partnerships that we announced with Microsoft, bringing their suite of productivity and enterprise management services to Quest; Adobe and Autodesk bringing their creative tools; Zoom bringing their communication platform; Accenture building solutions for enterprises and more.TakeawayIn my opinion, we can break this story down in two key messages:Business Cycle: Meta Platforms is a company undergoing a cyclical low – like several other technology companies – and is therefore reporting low growth rates and is struggling on several fronts. Considering the fact that we are on the eve of a major recession it is not surprising for a business depending on advertisement revenue to report slowing revenue growth. And not only Meta Platforms is struggling – peers like Alphabet (GOOG,GOOGL), Amazon (AMZN), and Tencent are struggling as well.Investing in the future: Meta Platforms is investing in its huge vision of the metaverse, which is expensive and has a negative impact on the bottom line and the company’s ability to generate free cash flow.These two aspects combined create a scenario that looks like Armageddon for Meta Platforms – but it is not. The first problem (the cyclical low) will pass, and revenue growth and profitability will increase again. The second problem (high expenditures) could actually be a huge opportunity for billions and billions in profits in the years to come. And this is even if the scenario that Meta Platforms is failing with its vision of the Metaverse and Facebook and Instagram just returning to normal ways of profitability after the recession is not priced in (the current stock price, at least).Intrinsic Value CalculationAnd as I have mentioned several times in the past, the Metaverse does not have to work out in any way for Meta Platforms to be a bargain. It is not like we are paying any form of premium for Meta Platforms on the hope of billions in profits from the Metaverse. Just returning to previous profitability levels and generating about $40 billion in free cash flow would make the stock worth about $150 (without any growth assumptions).And although it sounds absurd right now, Meta Platforms should be able to grow in the mid-to-high single digits in the years to come. Not only have we to assume Meta Platforms being able to grow its top line again. Additionally, Meta Platforms could use share buybacks to grow its bottom line (if all the other growth initiatives won’t work). Last quarter, Meta Platforms spent $7,365 million on share buybacks, which is resulting in $29,460 million on annual share buybacks. At the current depressed stock price, this is enough to repurchase more than 10% of outstanding shares and add 10% growth to the bottom line. Combined with revenue growth, this would lead to double-digit growth for Meta Platforms.Meta Platforms Q3/22 PresentationFree cash flow in the last four quarters was $25,713 million and we are using this amount as basis in our calculation. For fiscal 2023, we assume 0% growth as the company is not so optimistic for the next years and the recession will have a negative impact. For the years from fiscal 2024 going forward (and till perpetuity), we assume only 5% growth. This is resulting in an intrinsic value of $182.69 (assuming 2,687 million outstanding shares and 10% discount rate). When assuming 6% instead, the intrinsic value would be $221.44, and these are still cautious assumptions.ConclusionIn past articles I mentioned several times that I don’t like the term “buying opportunity of a lifetime” – especially as it was often used after small corrections implying that a 10% or 20% correction is already generating a deeply undervalued stock. But Meta Platforms is a huge buying opportunity, in my opinion, and the stock could easily double or triple over the next few years as Meta Platforms is trading nowhere close to its intrinsic value. In different calculations (which I did not include in this article), we also get an intrinsic value around $400 for Meta Platforms right now.And in the coming quarters, bad news will continue as the recession, which will hit the United States with a highprobability in 2023, will lead to more trouble for Meta Platforms. But at this point, most of the bad news should be priced in, and further bad news should not be a major shock. Over the next few years, you probably won’t regret an investment in Meta Platforms (and for the next few quarters just go to sleep, as we don’t know what will happen).","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023561389,"gmtCreate":1652931639641,"gmtModify":1676535191987,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Is this a fair comparison?","listText":"Is this a fair comparison?","text":"Is this a fair comparison?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023561389","repostId":"2236757950","repostType":2,"repost":{"id":"2236757950","kind":"news","pubTimestamp":1652924620,"share":"https://ttm.financial/m/news/2236757950?lang=&edition=fundamental","pubTime":"2022-05-19 09:43","market":"us","language":"en","title":"Better Buy: Palantir Technologies vs. Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2236757950","media":"Motley Fool","summary":"Which fallen growth stock is the better turnaround play?","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Palantir’s slowdown raises questions about its goal of generating more than 30% annual revenue growth through 2025.</li><li>Amazon’s e-commerce business faces tough macro headwinds in a post-lockdown world.</li><li>One of these stocks is still more speculative than the other.</li></ul><p><b>Palantir</b> and <b>Amazon</b> both burned the bulls after their stocks hit all-time highs last year.</p><p>Palantir&#39;s stock started trading at $10 after the data-mining firm went public via a direct listing in September 2020. It soared to $39 last January amid the Reddit-fueled trading frenzy in &#34;meme stocks,&#34; but it now trades at about $8. Amazon&#39;s stock closed at an all-time high of $3,731.41 last July, but it subsequently tumbled to about $2,200 as investors fretted over its slowing e-commerce growth and rising expenses.</p><p>Is either beaten-down tech stock worth buying as rising interest rates and other macro challenges challenge the entire sector?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96ad4f9775ea128f423bb9a82ae26d3c\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>Palantir is losing its momentum</b></p><p>Palantir&#39;s data mining and analytics tools help government and commercial customers make informed decisions. Its government business, which aims to become the &#34;default operating system for data across the U.S. government,&#34; has traditionally grown faster than its commercial business.</p><p>But over the past three quarters, its commercial business has grown at a faster rate than its government business. That slowdown raises troubling questions about brewing competition from other data mining platforms and internally developed alternatives within the U.S. government.</p><p>Palantir&#39;s revenue rose 47% to $1.09 billion in 2020 and grew 41% to $1.54 billion in 2021.</p><p>It insists it will generate at least 30% annual revenue growth through 2025, but it&#39;s off to a rough start this year: Its revenue rose 31% in the first quarter, but it expects just 25% growth in the second quarter. It believes its growth will improve in the second half of the year as it secures more &#34;anticipated&#34; contracts, but analysts expect just 29% growth this year.</p><p>Palantir&#39;s adjusted gross and operating margins also fell both sequentially and year over year in the first quarter of 2022. For the full year, it expects its adjusted operating margin to decline about four percentage points to 27% as it ramps up its investments &#34;in advance&#34; of future contracts. It isn&#39;t profitable on a generally accepted accounting principles (GAAP) basis yet, but analysts expect its non-GAAP EPS to improve 23% this year.</p><p>Palantir&#39;s business is still expanding, but its slowing growth, shrinking margins, and lack of GAAP profits made it an unappealing investment as the macro headwinds drove investors away from riskier growth plays.</p><p><b>Amazon faces tough post-pandemic challenges</b></p><p>Amazon generates most of its revenue from its e-commerce marketplaces, but most of its profits come from Amazon Web Services (AWS), the largest cloud infrastructure platform in the world. Both of these businesses fired on all cylinders throughout the pandemic, as more people shopped online and companies ramped up their spending on cloud-based services.</p><p>But as the lockdown measures were relaxed, Amazon&#39;s e-commerce growth decelerated while its expenses surged amid rising fuel costs, supply chain challenges, and other inflationary headwinds. It invested in the electric truck maker <b>Rivian</b> to offset those long-term costs, but that poorly timed investment resulted in a pre-tax loss of $7.6 billion (compared to its total net loss of $3.8 billion) last quarter.</p><p>That staggering loss tarnished the bullish thesis that Amazon could consistently subsidize its lower-margin retail business with AWS&#39; higher-margin revenue. AWS is still the market leader and generating more than 30% revenue growth each quarter, but this core profit engine could struggle to offset the losses of Amazon&#39;s other businesses later this year.</p><p>Amazon&#39;s revenue rose 38% to $386 billion in 2020 and grew 22% to $470 billion in 2021. Its EPS increased 82% in 2020, even as it incurred billions of dollars of COVID-19-related expenses, and grew 55% in 2021. But this year, analysts expect its revenue to grow a mere 12% as its EPS tumbles 75%.</p><p>Just like Palantir, Amazon&#39;s toxic mix of slowing growth and rising expenses made it a difficult stock to own.</p><p><b>But Amazon has a better shot at a recovery</b></p><p>Palantir&#39;s stock trades at 43 times forward earnings and nine times this year&#39;s sales. It still isn&#39;t cheap relative to similar growth stocks like <b>Twilio</b>, which aims to generate more than 30% organic revenue growth through 2024 but trades at just five times this year&#39;s sales.</p><p>Amazon trades at 42 times forward earnings and two times this year&#39;s sales. That&#39;s a high price-to-earnings ratio for a traditional retailer but a low price-to-sales ratio for an e-commerce or cloud infrastructure company. Those mixed valuations should limit its downside potential, but Amazon&#39;s stock probably won&#39;t rally until its e-commerce business stabilizes.</p><p>I wouldn&#39;t rush to buy either of these stocks right now. But if I had to choose one over the other, I&#39;d definitely stick with Amazon because it&#39;s larger, better diversified, and more profitable. Palantir&#39;s future is still highly speculative, and its recent slowdown suggests that its long-term target of at least 30% revenue growth through 2025 might be too ambitious.</p><p></p></body></html>","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: Palantir Technologies vs. Amazon</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: Palantir Technologies vs. Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-19 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/18/better-buy-palantir-technologies-vs-amazon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSPalantir’s slowdown raises questions about its goal of generating more than 30% annual revenue growth through 2025.Amazon’s e-commerce business faces tough macro headwinds in a post-lockdown...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/18/better-buy-palantir-technologies-vs-amazon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2022/05/18/better-buy-palantir-technologies-vs-amazon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236757950","content_text":"KEY POINTSPalantir’s slowdown raises questions about its goal of generating more than 30% annual revenue growth through 2025.Amazon’s e-commerce business faces tough macro headwinds in a post-lockdown world.One of these stocks is still more speculative than the other.Palantir and Amazon both burned the bulls after their stocks hit all-time highs last year.Palantir's stock started trading at $10 after the data-mining firm went public via a direct listing in September 2020. It soared to $39 last January amid the Reddit-fueled trading frenzy in \"meme stocks,\" but it now trades at about $8. Amazon's stock closed at an all-time high of $3,731.41 last July, but it subsequently tumbled to about $2,200 as investors fretted over its slowing e-commerce growth and rising expenses.Is either beaten-down tech stock worth buying as rising interest rates and other macro challenges challenge the entire sector?IMAGE SOURCE: GETTY IMAGES.Palantir is losing its momentumPalantir's data mining and analytics tools help government and commercial customers make informed decisions. Its government business, which aims to become the \"default operating system for data across the U.S. government,\" has traditionally grown faster than its commercial business.But over the past three quarters, its commercial business has grown at a faster rate than its government business. That slowdown raises troubling questions about brewing competition from other data mining platforms and internally developed alternatives within the U.S. government.Palantir's revenue rose 47% to $1.09 billion in 2020 and grew 41% to $1.54 billion in 2021.It insists it will generate at least 30% annual revenue growth through 2025, but it's off to a rough start this year: Its revenue rose 31% in the first quarter, but it expects just 25% growth in the second quarter. It believes its growth will improve in the second half of the year as it secures more \"anticipated\" contracts, but analysts expect just 29% growth this year.Palantir's adjusted gross and operating margins also fell both sequentially and year over year in the first quarter of 2022. For the full year, it expects its adjusted operating margin to decline about four percentage points to 27% as it ramps up its investments \"in advance\" of future contracts. It isn't profitable on a generally accepted accounting principles (GAAP) basis yet, but analysts expect its non-GAAP EPS to improve 23% this year.Palantir's business is still expanding, but its slowing growth, shrinking margins, and lack of GAAP profits made it an unappealing investment as the macro headwinds drove investors away from riskier growth plays.Amazon faces tough post-pandemic challengesAmazon generates most of its revenue from its e-commerce marketplaces, but most of its profits come from Amazon Web Services (AWS), the largest cloud infrastructure platform in the world. Both of these businesses fired on all cylinders throughout the pandemic, as more people shopped online and companies ramped up their spending on cloud-based services.But as the lockdown measures were relaxed, Amazon's e-commerce growth decelerated while its expenses surged amid rising fuel costs, supply chain challenges, and other inflationary headwinds. It invested in the electric truck maker Rivian to offset those long-term costs, but that poorly timed investment resulted in a pre-tax loss of $7.6 billion (compared to its total net loss of $3.8 billion) last quarter.That staggering loss tarnished the bullish thesis that Amazon could consistently subsidize its lower-margin retail business with AWS' higher-margin revenue. AWS is still the market leader and generating more than 30% revenue growth each quarter, but this core profit engine could struggle to offset the losses of Amazon's other businesses later this year.Amazon's revenue rose 38% to $386 billion in 2020 and grew 22% to $470 billion in 2021. Its EPS increased 82% in 2020, even as it incurred billions of dollars of COVID-19-related expenses, and grew 55% in 2021. But this year, analysts expect its revenue to grow a mere 12% as its EPS tumbles 75%.Just like Palantir, Amazon's toxic mix of slowing growth and rising expenses made it a difficult stock to own.But Amazon has a better shot at a recoveryPalantir's stock trades at 43 times forward earnings and nine times this year's sales. It still isn't cheap relative to similar growth stocks like Twilio, which aims to generate more than 30% organic revenue growth through 2024 but trades at just five times this year's sales.Amazon trades at 42 times forward earnings and two times this year's sales. That's a high price-to-earnings ratio for a traditional retailer but a low price-to-sales ratio for an e-commerce or cloud infrastructure company. Those mixed valuations should limit its downside potential, but Amazon's stock probably won't rally until its e-commerce business stabilizes.I wouldn't rush to buy either of these stocks right now. But if I had to choose one over the other, I'd definitely stick with Amazon because it's larger, better diversified, and more profitable. Palantir's future is still highly speculative, and its recent slowdown suggests that its long-term target of at least 30% revenue growth through 2025 might be too ambitious.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019737501,"gmtCreate":1648640003630,"gmtModify":1676534369264,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"She will buy back at 30 bucks lol","listText":"She will buy back at 30 bucks lol","text":"She will buy back at 30 bucks lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019737501","repostId":"1183502529","repostType":2,"repost":{"id":"1183502529","kind":"news","pubTimestamp":1648639827,"share":"https://ttm.financial/m/news/1183502529?lang=&edition=fundamental","pubTime":"2022-03-30 19:30","market":"us","language":"en","title":"Who Cares If Cathie Wood Sold All of Her Palantir Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1183502529","media":"InvestorPlace","summary":"With or without Cathie Wood, PLTR stock remains an excellent long-term buy","content":"<html><head></head><body><ul><li><b>Ark Investment Management</b> fully exited its <b>Palantir Technologies</b>(<b>PLTR</b>) position in March.</li><li>Cathie Wood’s firm held more than 30 million shares in early February.</li><li>The portfolio manager’s exit should not influence your decision about the company.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62e47501cb37f39748c0f67b2c5a622f\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"/><span>Source: Spyro the Dragon / Shutterstock.com</span></p><p>It’s been a couple of weeks since star portfolio manager Cathie Wood fully unwound her company’s position in big data analytics firm <b>Palantir Technologies</b>(NYSE:<b>PLTR</b>). The move has done little to hurt PLTR stock.</p><p>It always amuses me when the business media freak out because some big shot is selling a large number of shares in a particular company. In this instance,<i>Benzinga</i> reported on March 10 that Wood took her holdings in Palantir from well over 30 million shares in February down to zero in approximately 13 trades.</p><p>I say this all the time. Investors of every description sell for many reasons. They buy for one.</p><p>If you own Palantir, do not let Wood’s decision affect your view of the company. In the end, you could be right, and she could be wrong. It happens more often than you think.</p><p>Trust your gut. Do not listen to others. That includes me. Here’s why.</p><table><tbody><tr><td><b>PLTR</b></td><td>Palantir Technologies</td><td>$12.89</td></tr></tbody></table><p><b>PLTR Stock Was Less Than 3% of Ark Invest Assets</b></p><p>Wood’s biggest exchange traded fund (ETF) by assets is the <b>ARK Innovation ETF</b>(NYSEARCA:<b>ARKK</b>). It has a turnover rate of 71%. That’s not high by active standards, but it’s high enough. Stocks are going to get sacrificed in the name of better returns. Clearly, Wood felt there was a better place for the estimated $360 million ($12 x 30 million shares).</p><p>ARKK currently has $12.48 billion in total net assets. That means PLTR accounted for 2.9% of the ETF’s portfolio. So if Wood still held, it would be the 15th largest position. But, of course, we know that some of Wood’s other ETFs held Palantir stock, so it held an even less critical role within Ark Invest.</p><p>According to <i>WhaleWisdom</i>, Ark Invest held 35.3 million shares worth $642.5 million at the end of the fourth quarter. They accounted for 1.95% of the $33.1 billion listed on its latest 13F filing.</p><p>If Wood sold her entire position in <b>Tesla</b>(NASDAQ:<b>TSLA</b>), that would be an entirely different situation. Ark Invest has held TSLA since the fourth quarter of 2016. That’s more than 60 months ago or so. Palantir only becam ea public company 19 months ago. The level of commitment is entirely different.</p><p><b>The Proper Course of Action</b></p><p>My<i>InvestorPlace</i>colleague, Larry Ramer, recently said the following about Wood’s departure from Palantir:</p><blockquote>[F]unds managed by Cathie Wood, who for over a year was by far the most visible cheerleader for the company, have sold all of their PLTR stock. When a stock’s most famous bull throws in the towel on it, most investors are not going to want to own the shares for a long time</blockquote><p>Listen, Wood might have been vocal in her support for Palantir, but that’s her schtick. She gets out in front to support the stocks that she owns. I have no problem with cheerleading. She’s done a great job of defending Tesla over the years.</p><p>However, if you think that Wood holds a candle to Peter Thiel’s commitment to Palantir — he owns almost 164 million shares — you haven’t followed the company’s story very closely.</p><p>Like Wood selling Tesla, Thiel unloading Palantir would be a big deal. But, of course, he owns so much it might take him several years to unwind profitably.</p><p>Regular retail investors should pay little attention to what billionaires and money managers are selling and focus on what they’re buying. That’s what matters.</p><p>PLTR Stock Is a Buy for Those Not Easily Influenced</p><p>I would suggest that Palantir is not a stock you should own if you are influenced by what Cathie Wood is selling. She’s irrelevant to your investment decision.</p><p>Instead, it would be best if you were asking yourself why you bought it in the first place. If your thoughts about the company aren’t much different from when you first acquired its shares, you shouldn’t worry about what Cathie Wood is doing. Her interests are entirely different from yours.</p><p>In my last article about Palantir, I said that Palantir was an excellent long-term buy in the teens. It’s dropped 29 cents in the six weeks since. I don’t believe anything has changed about its business. Its sales are growing, but it needs to scale to profitability. I think it will.</p><p>Maybe Cathie Wood doesn’t and that’s why she sold. I couldn’t care less.</p></body></html>","source":"lsy1606302653667","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>Who Cares If Cathie Wood Sold All of Her Palantir Stock</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\">\nWho Cares If Cathie Wood Sold All of Her Palantir Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 19:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Investment Management fully exited its Palantir Technologies(PLTR) position in March.Cathie Wood’s firm held more than 30 million shares in early February.The portfolio manager’s exit should not ...</p>\n\n<a href=\"https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183502529","content_text":"Ark Investment Management fully exited its Palantir Technologies(PLTR) position in March.Cathie Wood’s firm held more than 30 million shares in early February.The portfolio manager’s exit should not influence your decision about the company.Source: Spyro the Dragon / Shutterstock.comIt’s been a couple of weeks since star portfolio manager Cathie Wood fully unwound her company’s position in big data analytics firm Palantir Technologies(NYSE:PLTR). The move has done little to hurt PLTR stock.It always amuses me when the business media freak out because some big shot is selling a large number of shares in a particular company. In this instance,Benzinga reported on March 10 that Wood took her holdings in Palantir from well over 30 million shares in February down to zero in approximately 13 trades.I say this all the time. Investors of every description sell for many reasons. They buy for one.If you own Palantir, do not let Wood’s decision affect your view of the company. In the end, you could be right, and she could be wrong. It happens more often than you think.Trust your gut. Do not listen to others. That includes me. Here’s why.PLTRPalantir Technologies$12.89PLTR Stock Was Less Than 3% of Ark Invest AssetsWood’s biggest exchange traded fund (ETF) by assets is the ARK Innovation ETF(NYSEARCA:ARKK). It has a turnover rate of 71%. That’s not high by active standards, but it’s high enough. Stocks are going to get sacrificed in the name of better returns. Clearly, Wood felt there was a better place for the estimated $360 million ($12 x 30 million shares).ARKK currently has $12.48 billion in total net assets. That means PLTR accounted for 2.9% of the ETF’s portfolio. So if Wood still held, it would be the 15th largest position. But, of course, we know that some of Wood’s other ETFs held Palantir stock, so it held an even less critical role within Ark Invest.According to WhaleWisdom, Ark Invest held 35.3 million shares worth $642.5 million at the end of the fourth quarter. They accounted for 1.95% of the $33.1 billion listed on its latest 13F filing.If Wood sold her entire position in Tesla(NASDAQ:TSLA), that would be an entirely different situation. Ark Invest has held TSLA since the fourth quarter of 2016. That’s more than 60 months ago or so. Palantir only becam ea public company 19 months ago. The level of commitment is entirely different.The Proper Course of ActionMyInvestorPlacecolleague, Larry Ramer, recently said the following about Wood’s departure from Palantir:[F]unds managed by Cathie Wood, who for over a year was by far the most visible cheerleader for the company, have sold all of their PLTR stock. When a stock’s most famous bull throws in the towel on it, most investors are not going to want to own the shares for a long timeListen, Wood might have been vocal in her support for Palantir, but that’s her schtick. She gets out in front to support the stocks that she owns. I have no problem with cheerleading. She’s done a great job of defending Tesla over the years.However, if you think that Wood holds a candle to Peter Thiel’s commitment to Palantir — he owns almost 164 million shares — you haven’t followed the company’s story very closely.Like Wood selling Tesla, Thiel unloading Palantir would be a big deal. But, of course, he owns so much it might take him several years to unwind profitably.Regular retail investors should pay little attention to what billionaires and money managers are selling and focus on what they’re buying. That’s what matters.PLTR Stock Is a Buy for Those Not Easily InfluencedI would suggest that Palantir is not a stock you should own if you are influenced by what Cathie Wood is selling. She’s irrelevant to your investment decision.Instead, it would be best if you were asking yourself why you bought it in the first place. If your thoughts about the company aren’t much different from when you first acquired its shares, you shouldn’t worry about what Cathie Wood is doing. Her interests are entirely different from yours.In my last article about Palantir, I said that Palantir was an excellent long-term buy in the teens. It’s dropped 29 cents in the six weeks since. I don’t believe anything has changed about its business. Its sales are growing, but it needs to scale to profitability. I think it will.Maybe Cathie Wood doesn’t and that’s why she sold. I couldn’t care less.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094546916,"gmtCreate":1645194311474,"gmtModify":1676534007647,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"This is trading and not value investing over 5-years horizon&nbsp;","listText":"This is trading and not value investing over 5-years horizon&nbsp;","text":"This is trading and not value investing over 5-years horizon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094546916","repostId":"1194989459","repostType":4,"repost":{"id":"1194989459","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":1645190602,"share":"https://ttm.financial/m/news/1194989459?lang=&edition=fundamental","pubTime":"2022-02-18 21:23","market":"us","language":"en","title":"Cathie Wood Dumps $56M In Palantir Shares After Dismal Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1194989459","media":"Benzinga","summary":"Cathie Wood-ledArk Investment Managementon Thursday significantly lowered its exposure toPalantir Technologies Incon the day shares of thePeterThiel-backed company plummeted after it reported worse-than-expected quarterly earnings.The popular investment managementfirm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.Palantir repo","content":"<html><head></head><body><p><b>Cathie Wood</b>-led <b>Ark Investment Management</b> on Thursday significantly lowered its exposure to <b>Palantir Technologies Inc</b> on the day shares of the <b>PeterThiel</b>-backed company plummeted after it reported worse-than-expected quarterly earnings.</p><p>The popular investment management firm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.</p><p>Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.</p><p>Palantir reported fourth-quarter earnings of 2 cents per share before the market opened on Thursday, missing the analyst consensus estimate of 4 cents.</p><p>The software company, known for its work with government agencies, reported quarterly sales of $432.87 million, which beat the analyst consensus estimate of $417.69 million.</p><p>Ark Invest held 30.48 million shares in Palantir, prior to Thursday’s trade, implying it trimmed nearly 16% of the total stake.</p><p>The St. Petersburg, Florida-based investment management firm owns shares in Palantir via all of its active exchange-traded funds, including the flagship <b>Ark Innovation ETF.</b></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>Cathie Wood Dumps $56M In Palantir Shares After Dismal Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Dumps $56M In Palantir Shares After Dismal Earnings\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\">2022-02-18 21:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Cathie Wood</b>-led <b>Ark Investment Management</b> on Thursday significantly lowered its exposure to <b>Palantir Technologies Inc</b> on the day shares of the <b>PeterThiel</b>-backed company plummeted after it reported worse-than-expected quarterly earnings.</p><p>The popular investment management firm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.</p><p>Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.</p><p>Palantir reported fourth-quarter earnings of 2 cents per share before the market opened on Thursday, missing the analyst consensus estimate of 4 cents.</p><p>The software company, known for its work with government agencies, reported quarterly sales of $432.87 million, which beat the analyst consensus estimate of $417.69 million.</p><p>Ark Invest held 30.48 million shares in Palantir, prior to Thursday’s trade, implying it trimmed nearly 16% of the total stake.</p><p>The St. Petersburg, Florida-based investment management firm owns shares in Palantir via all of its active exchange-traded funds, including the flagship <b>Ark Innovation ETF.</b></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194989459","content_text":"Cathie Wood-led Ark Investment Management on Thursday significantly lowered its exposure to Palantir Technologies Inc on the day shares of the PeterThiel-backed company plummeted after it reported worse-than-expected quarterly earnings.The popular investment management firm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.Palantir reported fourth-quarter earnings of 2 cents per share before the market opened on Thursday, missing the analyst consensus estimate of 4 cents.The software company, known for its work with government agencies, reported quarterly sales of $432.87 million, which beat the analyst consensus estimate of $417.69 million.Ark Invest held 30.48 million shares in Palantir, prior to Thursday’s trade, implying it trimmed nearly 16% of the total stake.The St. Petersburg, Florida-based investment management firm owns shares in Palantir via all of its active exchange-traded funds, including the flagship Ark Innovation ETF.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132788063,"gmtCreate":1622116172052,"gmtModify":1704179721560,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>https://conferencecalltranscripts.com/summary/?id=224099&amp;pr=true","listText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>https://conferencecalltranscripts.com/summary/?id=224099&amp;pr=true","text":"$Cresco Labs Inc.(CRLBF)$https://conferencecalltranscripts.com/summary/?id=224099&pr=true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/132788063","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106722599,"gmtCreate":1620149466311,"gmtModify":1704339390375,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Not unexpected, just a matter of timing","listText":"Not unexpected, just a matter of timing","text":"Not unexpected, just a matter of timing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106722599","repostId":"1140575890","repostType":4,"repost":{"id":"1140575890","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":1620141444,"share":"https://ttm.financial/m/news/1140575890?lang=&edition=fundamental","pubTime":"2021-05-04 23:17","market":"us","language":"en","title":"Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat","url":"https://stock-news.laohu8.com/highlight/detail?id=1140575890","media":"Tiger Newspress","summary":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to kee","content":"<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></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>Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat</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\">\nYellen says interest rates may have to rise somewhat to make sure economy doesn't overheat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-04 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140575890","content_text":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"\"But these are investments our economy needs to be competitive and productive,\" she added.Nasdaq fell over 2% for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106726821,"gmtCreate":1620149291063,"gmtModify":1704339389884,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Not unexpected, matter of timing&nbsp;","listText":"Not unexpected, matter of timing&nbsp;","text":"Not unexpected, matter of timing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106726821","repostId":"1140575890","repostType":4,"repost":{"id":"1140575890","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":1620141444,"share":"https://ttm.financial/m/news/1140575890?lang=&edition=fundamental","pubTime":"2021-05-04 23:17","market":"us","language":"en","title":"Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat","url":"https://stock-news.laohu8.com/highlight/detail?id=1140575890","media":"Tiger Newspress","summary":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to kee","content":"<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></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>Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat</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\">\nYellen says interest rates may have to rise somewhat to make sure economy doesn't overheat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-04 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140575890","content_text":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"\"But these are investments our economy needs to be competitive and productive,\" she added.Nasdaq fell over 2% for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9969938550,"gmtCreate":1668312200370,"gmtModify":1676538040304,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Understand the health insurance cpi has been adjusted downwards drastically and therefore the cpi was down slightly. Hidden hand?","listText":"Understand the health insurance cpi has been adjusted downwards drastically and therefore the cpi was down slightly. Hidden hand?","text":"Understand the health insurance cpi has been adjusted downwards drastically and therefore the cpi was down slightly. Hidden hand?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9969938550","repostId":"1190456060","repostType":2,"repost":{"id":"1190456060","kind":"news","pubTimestamp":1668302284,"share":"https://ttm.financial/m/news/1190456060?lang=&edition=fundamental","pubTime":"2022-11-13 09:18","market":"us","language":"en","title":"SPY: Bear Market Rally Or A Major Bottom?","url":"https://stock-news.laohu8.com/highlight/detail?id=1190456060","media":"Seeking Alpha","summary":"SummaryLarge 1-day rallies are usually associated with the bear market rallies.Major bottoms require a policy change.The Fed is still in inflation-fighting mode.gonin/iStock via Getty ImagesThe top 20: daily returns for S&P500The SPDR S&P 500 Trust ETF  that tracks the S&P500 soared by 5.5% Thursday  - and almost broke into the top 20 daily S&P500 returns in history - since the 1920s. So, what doesit mean?","content":"<html><head></head><body><h2>Summary</h2><ul><li>Large 1-day rallies are usually associated with the bear market rallies.</li><li>Major bottoms require a policy change.</li><li>The Fed is still in inflation-fighting mode.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5d234d2c3a6fdd66410e8c4fdc86a25\" tg-width=\"1080\" tg-height=\"608\" referrerpolicy=\"no-referrer\"/><span>gonin/iStock via Getty Images</span></p><h2>The top 20: daily returns for S&amp;P500</h2><p>The SPDR S&amp;P 500 Trust ETF (NYSEARCA:SPY) that tracks the S&amp;P500 soared by 5.5% Thursday (11/10/2022) - and almost broke into the top 20 daily S&amp;P500 returns in history - since the 1920s. So, what doesit mean? Is this just a bear market rally, or a signal of the major bottom. Let&#39;s first evaluate the top 20 list of the daily rates of return for the S&amp;P500:</p><p><img src=\"https://static.tigerbbs.com/9a00554a6ad210b0ab26216de0667def\" tg-width=\"927\" tg-height=\"1314\" referrerpolicy=\"no-referrer\"/></p><p>As you can see from the list above,</p><ul><li>12 out 20 top daily returns were the bear market rallies, and 8 out of these 12 were during the 1929-1932 bear market and the Great Depression.</li><li>8 out of 20 were the near-bottoms, bottoms, or after-bottoms, and 6 of these 8 were during the bottom associated with the 1932 Great Depression bottom.</li><li>2 out of 8 bottoms were associated with the bottoms of the sharp corrections, the 1987 and the 2020 bottom. The 1987 correction was not associated with a recession, and it is generally considered as a technical in nature. The 2020 bottom was associated with the extraordinary events related to covid19 and the monetary and fiscal covid stimuli.</li></ul><p>Based on the historical evidence, the 5.6% daily spike in S&amp;P500 (SPX) is either a signal of a major bottom or just another bear market rally.</p><h2>The major bottom thesis</h2><p>The major bottom thesis requires an actual bear market capitulation, such as the 1932 bottom, the 2003 bottom or 2009 bottom. In each of these cases, there was a clear policy response to stimulate the economy, both monetary and fiscal.</p><p>The 11/10/22 daily spike was in response to the positive surprise in the CPI inflation, which raised the hope of the Fed pivot - or a less aggressive monetary policy tightening.</p><p>As I previously explained, the full bear market has3 stages:1) the liquidity selloff in response to the Fed&#39;s monetary policy tightening, 2) the recessionary selloff caused by the Fed&#39;s tightening, and 3) the credit crunch (or a financial crisis) triggered by the deep recession.</p><p>The bullish case assumes that the current bear market ended with the Phase 1 - or with the peak Fed hawkishness. It&#39;s true, we are likely past the peak inflation, and thus the peak hawkishness.</p><p>However, the question is whether there is a Phase 2 coming - or a recessionary selloff, and whether &#34;something will break&#34; during the process and cause the Phase 3 and the credit crunch.</p><h2>The recessionary selloff</h2><p>The S&amp;P500 PE ratio after the 11/10 spike is 20.58. The market is still overvalued and not priced for a recession.</p><p>Is the recession coming? The spread between the 10Y Treasury Bond yield and the 3-Month Treasury Bill yield is the most reliable and the Fed-favored recession indicator, and once it inverts, the recession becomes almost a certainty.</p><p>Currently, the 10y-3mo spread is deeply inverted at -0.46%. Here is the chart:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70ef81e28bf62d769ca5f75f29feb339\" tg-width=\"640\" tg-height=\"237\" referrerpolicy=\"no-referrer\"/><span>FRED</span></p><p>Based on yield curve spread indicator, the recession is coming, and the market is not priced for it - based on the PE ratio of over 20. Thus, the current bear market has not bottomed yet, and the next Phase of the bear market is coming.</p><h2>Why is the 10Y-3mo curve inverted? Why is this signaling a recession?</h2><p>The 10Y-3mo spread is inverted because the Fed is hiking the short-term interest rates above the long-term interest rates. Why? To cause a recession to bring the inflation down.</p><p>The market hopes that the Fed will slow down with the interest rates hikes, because the inflation has peaked. Too late. The damage has been done. The Fed could even stop after the December 50bpt hike, the 10y-3mo spread has already inverted.</p><p>But don&#39;t count on the Fed to pause yet. If the core CPI printed today 4.3% (instead of actual 6.3%), and that was expected to persist, the Fed would still have to further hike. The target is 2% inflation.</p><p>But don&#39;t expect inflation to sharply fall either - without a deep recession. The economic war with China is still active, and it&#39;s more likely to escalate. This is inflationary. The war in Ukraine is still active and it&#39;s more likely to escalate. This is also inflationary. The unemployment rate in the US is still near record lows, and this is inflationary. The only thing the Fed can influence is the US unemployment rate - by inducing a recession.</p><h2>It&#39;s a bear market rally</h2><p>We are not at a major bottom; we are possibly in-between the Phase 1 selloff and a Phase 2 recessionary selloff. There are already signs of &#34;things breaking&#34; like the cryptocurrencies, which could lead to the Phase 3 selloff.</p><p>Bear market rallies happen during the &#34;in-between periods&#34;, so this bear market rally could continue. The bottom will be in-place when the Fed wants to the bottom to be in place - this will be the pivot the bulls are waiting: the Fed slashing interest rates and resuming QE. I don&#39;t think anybody expects this over the near term. Don&#39;t fight the Fed. The bear market rally is the opportunity to sell or re-short.</p><h2>SPY sector analysis</h2><p>AllSPYsectors were up significantly on 11/10/2022, led by the beaten down technology sector (XLK), the interest rate sensitive real estate sector (XLRE) and the cyclical discretionary sector (XLY). These sectors should not lead pre-recession, while the Fed is trying to cool off economy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d11bae7fc6e9bba3dee9e588bd902bb1\" tg-width=\"640\" tg-height=\"683\" referrerpolicy=\"no-referrer\"/><span>SelectSectorSPDR</span></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>SPY: Bear Market Rally Or A Major Bottom?</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\">\nSPY: Bear Market Rally Or A Major Bottom?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-13 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556371-spy-bear-market-rally-or-a-major-bottom><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryLarge 1-day rallies are usually associated with the bear market rallies.Major bottoms require a policy change.The Fed is still in inflation-fighting mode.gonin/iStock via Getty ImagesThe top 20...</p>\n\n<a href=\"https://seekingalpha.com/article/4556371-spy-bear-market-rally-or-a-major-bottom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4556371-spy-bear-market-rally-or-a-major-bottom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190456060","content_text":"SummaryLarge 1-day rallies are usually associated with the bear market rallies.Major bottoms require a policy change.The Fed is still in inflation-fighting mode.gonin/iStock via Getty ImagesThe top 20: daily returns for S&P500The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) that tracks the S&P500 soared by 5.5% Thursday (11/10/2022) - and almost broke into the top 20 daily S&P500 returns in history - since the 1920s. So, what doesit mean? Is this just a bear market rally, or a signal of the major bottom. Let's first evaluate the top 20 list of the daily rates of return for the S&P500:As you can see from the list above,12 out 20 top daily returns were the bear market rallies, and 8 out of these 12 were during the 1929-1932 bear market and the Great Depression.8 out of 20 were the near-bottoms, bottoms, or after-bottoms, and 6 of these 8 were during the bottom associated with the 1932 Great Depression bottom.2 out of 8 bottoms were associated with the bottoms of the sharp corrections, the 1987 and the 2020 bottom. The 1987 correction was not associated with a recession, and it is generally considered as a technical in nature. The 2020 bottom was associated with the extraordinary events related to covid19 and the monetary and fiscal covid stimuli.Based on the historical evidence, the 5.6% daily spike in S&P500 (SPX) is either a signal of a major bottom or just another bear market rally.The major bottom thesisThe major bottom thesis requires an actual bear market capitulation, such as the 1932 bottom, the 2003 bottom or 2009 bottom. In each of these cases, there was a clear policy response to stimulate the economy, both monetary and fiscal.The 11/10/22 daily spike was in response to the positive surprise in the CPI inflation, which raised the hope of the Fed pivot - or a less aggressive monetary policy tightening.As I previously explained, the full bear market has3 stages:1) the liquidity selloff in response to the Fed's monetary policy tightening, 2) the recessionary selloff caused by the Fed's tightening, and 3) the credit crunch (or a financial crisis) triggered by the deep recession.The bullish case assumes that the current bear market ended with the Phase 1 - or with the peak Fed hawkishness. It's true, we are likely past the peak inflation, and thus the peak hawkishness.However, the question is whether there is a Phase 2 coming - or a recessionary selloff, and whether \"something will break\" during the process and cause the Phase 3 and the credit crunch.The recessionary selloffThe S&P500 PE ratio after the 11/10 spike is 20.58. The market is still overvalued and not priced for a recession.Is the recession coming? The spread between the 10Y Treasury Bond yield and the 3-Month Treasury Bill yield is the most reliable and the Fed-favored recession indicator, and once it inverts, the recession becomes almost a certainty.Currently, the 10y-3mo spread is deeply inverted at -0.46%. Here is the chart:FREDBased on yield curve spread indicator, the recession is coming, and the market is not priced for it - based on the PE ratio of over 20. Thus, the current bear market has not bottomed yet, and the next Phase of the bear market is coming.Why is the 10Y-3mo curve inverted? Why is this signaling a recession?The 10Y-3mo spread is inverted because the Fed is hiking the short-term interest rates above the long-term interest rates. Why? To cause a recession to bring the inflation down.The market hopes that the Fed will slow down with the interest rates hikes, because the inflation has peaked. Too late. The damage has been done. The Fed could even stop after the December 50bpt hike, the 10y-3mo spread has already inverted.But don't count on the Fed to pause yet. If the core CPI printed today 4.3% (instead of actual 6.3%), and that was expected to persist, the Fed would still have to further hike. The target is 2% inflation.But don't expect inflation to sharply fall either - without a deep recession. The economic war with China is still active, and it's more likely to escalate. This is inflationary. The war in Ukraine is still active and it's more likely to escalate. This is also inflationary. The unemployment rate in the US is still near record lows, and this is inflationary. The only thing the Fed can influence is the US unemployment rate - by inducing a recession.It's a bear market rallyWe are not at a major bottom; we are possibly in-between the Phase 1 selloff and a Phase 2 recessionary selloff. There are already signs of \"things breaking\" like the cryptocurrencies, which could lead to the Phase 3 selloff.Bear market rallies happen during the \"in-between periods\", so this bear market rally could continue. The bottom will be in-place when the Fed wants to the bottom to be in place - this will be the pivot the bulls are waiting: the Fed slashing interest rates and resuming QE. I don't think anybody expects this over the near term. Don't fight the Fed. The bear market rally is the opportunity to sell or re-short.SPY sector analysisAllSPYsectors were up significantly on 11/10/2022, led by the beaten down technology sector (XLK), the interest rate sensitive real estate sector (XLRE) and the cyclical discretionary sector (XLY). These sectors should not lead pre-recession, while the Fed is trying to cool off economy.SelectSectorSPDR","news_type":1},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4087113414571300","authorId":"4087113414571300","name":"COTDS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4087113414571300","authorIdStr":"4087113414571300"},"content":"Explain more please","text":"Explain more please","html":"Explain more please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943453300,"gmtCreate":1679649841100,"gmtModify":1679649844340,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Just my guess - if BAC goes, WB will take over&nbsp;","listText":"Just my guess - if BAC goes, WB will take over&nbsp;","text":"Just my guess - if BAC goes, WB will take over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943453300","repostId":"1194295153","repostType":4,"repost":{"id":"1194295153","kind":"news","pubTimestamp":1679645134,"share":"https://ttm.financial/m/news/1194295153?lang=&edition=fundamental","pubTime":"2023-03-24 16:05","market":"us","language":"en","title":"Banking Crisis: Who's Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1194295153","media":"Seeking Alpha","summary":"SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee t","content":"<html><head></head><body><h2>Summary</h2><ul><li>It&#39;s been a busy two weeks for the global banking system and the central banks that oversee them.</li><li>What are the key takeaways thus far.</li><li>Who&#39;s next and who&#39;s last.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7d31a433776e18078bbae63346dfe9f\" tg-width=\"1080\" tg-height=\"540\" width=\"100%\" height=\"auto\"/><span>Imagesrouges/iStock via Getty Images</span></p><h2>Meet the new bank crisis</h2><p>NOT the same as the old bank crisis. This is not the Great Financial Crisis II. It’s not the collapse of Long-Term Capital Management in 1998. It’s not the Great Depression either. A lot of what is taking placetoday has some rhymes with various past episodes, but we are charting new territory with new lessons to be learned to add to the future policy maker playbook. We are likely in the very early stages of this latest banking crisis that could take months if not years to play out. SVB Financial (SIVB), Signature Bank (SBNY), Silvergate Bank (SI), and Credit Suisse (CS) are already gone. Who’s next?</p><h2>The song is over</h2><p>Over the last fourteen years since the Great Financial Crisis (GFC), we were reassured that problems with the banks were behind us. In 2017, then Fed ChairJanet Yellen declared that we will not see another financial crisis in our lifetime. The next year, legislation was passed that eased regulations on all but the largest banking institutions. It was music to the ears of capital markets awash in liquidity, low volatility, and high-risk tolerance. But in the midst of a sustained bout of blistering hot inflation that induced the U.S. Federal Reserve to whipsaw from effectively promising to keep interest rates pinned at 0% until at least 2024 this time two years ago to launching into its most aggressive rate hiking campaign since the 1970s this time a year ago, the consequences of such abrupt and dramatic monetary policy swings are now coming into view. The song is over, and what we have seen so far is likely only the beginning of what is ahead now.</p><h2>Getting in tune</h2><p>Much has been written and pontificated about what has taken place in the banking system over the last two week since March 8 when Fed Chair Jay Powell flexed before Congress that the Fed was poised to raise interest rates by a half point at its March 22 FOMC meeting (what a difference a fortnight makes). It’s not that nothing more needs to be said on these topics, but it is also worthwhile to step back and reflect on selected perspectives that may be getting overlooked as the narrative rapidly unfolds.</p><h2>March madness</h2><p>I don’t know about you, but debating whether the global financial system might implode is not the best way to relax over weekend. Yet for the past two weekends, that’s exactly what we’ve had to game out. During the weekend of March 11-12, we held our breath wondering whether the U.S. financial trinity – the Treasury, the Federal Reserve, and the FDIC – would come up with an emergency solution to save the financial system from rampant bank runs before the markets in Asia opened on Sunday night. The next weekend of March 18-19, we waited and wondered whether the Swiss would be able to arrange a shotgun merger between its two banking behemoths and prevent the meltdown of a Systemically Important Financial Institution (SIFI). What new crisis threatening the global financial system will we have to look forward to in the coming weekends? Only time will tell.</p><h2>Revising my teaching notes</h2><p>So as I prepare my Intro to Finance lecture discussing how creditors are paid in the event of a liquidation, the events of the past weekend have provided a whole new twist to the discussion. For when it comes to the order in which people traditionally get paid in liquidation, its secured debt holders first, then senior unsecured lenders, followed by junior subordinated debt holders, then preferred stockholders, and both last and least (and typically nothing at all) common stock holders. Needless to say it was eyebrow raising when in the case of Credit Suisse the subordinated debt holders got wiped out yet the common stock holders received $1 billion $2 billion $3 billion in a merger withUBSthat was completed without the customary shareholder approval vote.</p><p>Listen, I get it that there simply was not the time to get shareholders to vote on a deal that absolutely had to be done over a weekend, but not only exempting the rule of law but also having the deal structured in a way that leaves head scratching questions in terms of the way that it was structured is not the best for engendering investor confidence going forward. Something tells me that this may not be the last we hear AT1 debt and banking system instability uttered in the same sentence.</p><h2>Tightening lending standards</h2><p>If you are running a small or mid-sized regional bank, it has been a traumatic past two weeks. It has been particularly traumatic if you are among the small or mid-sized regional banks that exercised poor credit management by doing things like using your depositors&#39; money to load up on long-term Treasuries and MBS in 2021 just before they were set to lose as much as 30% of their value.</p><p>With this potential fight for survival in mind, you may be far less inclined today than you were two weeks ago as a small or mid-sized bank to lend money out to your institutional and retail customers. And if the regional banks that serve so many local communities across the country share this more cautious inclination, this means less home buying, less car buying, less consumer spending, less capital expenditures, and less hiring of new employees. Add all of these “less”es together, and you have an economic recession, just as we have seen several times in the recent past as evidenced in the chart below.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73611566280cece7f6e202ae8736df42\" tg-width=\"640\" tg-height=\"480\" width=\"100%\" height=\"auto\"/><span>Federal Reserve Bank of St. Louis, Board of Governors</span></p><p>The deeply inverted yield curve has been screaming recession for quite a while now, and recent developments across the banking landscape have not only meaningfully improved the probability of recession, but also that any such recession is likely to be a bit deeper and longer than previously anticipated.</p><p>The fact that stocks continue to trade at a premium coupled with the fact that corporate earnings are still toward the high end of their historical range with considerable room to come back down suggests that the road ahead for stocks over the next few months could get a bit bumpy before it’s all said and done.</p><h2>The banking crisis may do the Fed’s work</h2><p>If one wants to try to put a silver lining on idiosyncratic bank failures and stressful weekends waiting for emergency policy rescues, a positive that is likely to come from the recent banking crises and the probable tightening of lending standards is that it is likely to bring down inflation both further and faster than we would have seen otherwise. As I often like to say to my Principles of Macro students, if you have too much money chasing too few goods, a great way to solve it is by simply taking money away from people. And since politicians on all sides of the political aisle no longer have the resolve to actually raise taxes on anyone other than the ultra-wealthy, raising interest rates and tightening lending standards are ways to do it. If people don’t have money, they can’t spend it, and inflation comes back down.</p><p>A sooner and deeper recession may actually help at risk banks. What has put so many small and mid-sized banks at risk has been the precipitous decline in long-term Treasury and MBS prices. But if inflation comes down and the economy falls into recession, both of these forces are typically meaningful tailwinds for these same securities as interest rates eventually come back down and investors take flight to safety. It’s an interesting thought pretzel to think that an economic recession could help fix the banking crisis while an ongoing economic expansion could send more banks over the edge.</p><h2>Who’s next</h2><p>Bringing this all back together, it is very likely that we are still in the very early stages of a banking crisis that may take many months to play out. It is important to remember that when the U.S. Federal Reserve raises interest rates, it historically takes upwards of twelve months before the tightening effects of the rate hike have fully worked their way through the economy. And given that the Fed only started hiking rates at this time last year, this means that only the first 25 bps rate hike from last year has fully come out the other side and we have 450 bps of interest rate hikes still making their way through the proverbial snake. This includes four consecutive 75 bps bombs from the middle to latter part of last year as well as the latest 25 bps cherry on top of the rate hiking cycle cake that the Fed delivered coming out of their latest FOMC meeting this Wednesday. Somehow, I have a sneaking suspicion we may someday look back with derision on this last rate hike. It will be interesting to see.</p><p>With all of this in mind, we should remain mindful that the stream of banks under stress may not be continuous as we continue through 2023. We may go through prolonged stretches where it looks like the problem is behind us (May 2008, anyone?) only to find a new set of problems emerge in a different segment of the financial sector. Thus, keeping a close eye on further rumbles across the financial sector is a prudent strategy as we move forward from here.</p><p>As for who’s next in the meantime, I am not breaking any news by saying that First Republic Bank (FRC) remains the institution to watch. The situation remains highly tenuous despite the repeated efforts of both public and private institutions to resuscitate the ailing bank. If First Republic ultimately succumbs, pressure on other at risk regional banking institutions is not only likely to persist but amplify. On the other hand, if First Republic perseveres, such a period of relief from immediate banking stress may follow.</p><h2>Who’s last</h2><p>If we go through a worst case scenario thought exercise, it’s reasonable to consider where the road might end in the current banking crisis. A name that is worth monitoring in this regard is Bank of America (BAC), which of course is one of the largest financial institutions in the world and among the top of the SIFI category. Of course, nothing at all is imminently at issue with Bank of America, but it does have a notably larger long-term bond portfolio relative to its major banking institution peers. As a result, it is worth monitoring as a back-end measure of underlying financial sector stress.</p><h2>We won’t get fooled again</h2><p>Oh no, we so will. A defining characteristic of financial markets and the policy makers that oversee them is a memory that seemingly lasts about 18 months to two years at most. Unfortunately, this leads markets and policy makers to unwittingly and repeatedly fall into the same traps, only through different means. Fortunately for investors, such dislocations lead to attractive opportunities for those that are prepared and positioned to capitalize. Thus, maintaining a sharp focus on potential downside risks such as ongoing banking industry volatility is a productive way to navigate short-term turbulence while seeking to capitalize on long-term upside.</p><p><i>This article is written by Eric Parnell, CFA for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Banking Crisis: Who's Next</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\">\nBanking Crisis: Who's Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 16:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4589757-banking-crisis-who-is-next><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee them.What are the key takeaways thus far.Who's next and who's last.Imagesrouges/iStock via Getty ...</p>\n\n<a href=\"https://seekingalpha.com/article/4589757-banking-crisis-who-is-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行","KBE":"银行指数ETF-SPDR KBW","WAL":"阿莱恩斯西部银行","BAC":"美国银行","KRE":"区域银行指数ETF-SPDR KBW","WFC":"富国银行","SIVBQ":"硅谷银行"},"source_url":"https://seekingalpha.com/article/4589757-banking-crisis-who-is-next","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194295153","content_text":"SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee them.What are the key takeaways thus far.Who's next and who's last.Imagesrouges/iStock via Getty ImagesMeet the new bank crisisNOT the same as the old bank crisis. This is not the Great Financial Crisis II. It’s not the collapse of Long-Term Capital Management in 1998. It’s not the Great Depression either. A lot of what is taking placetoday has some rhymes with various past episodes, but we are charting new territory with new lessons to be learned to add to the future policy maker playbook. We are likely in the very early stages of this latest banking crisis that could take months if not years to play out. SVB Financial (SIVB), Signature Bank (SBNY), Silvergate Bank (SI), and Credit Suisse (CS) are already gone. Who’s next?The song is overOver the last fourteen years since the Great Financial Crisis (GFC), we were reassured that problems with the banks were behind us. In 2017, then Fed ChairJanet Yellen declared that we will not see another financial crisis in our lifetime. The next year, legislation was passed that eased regulations on all but the largest banking institutions. It was music to the ears of capital markets awash in liquidity, low volatility, and high-risk tolerance. But in the midst of a sustained bout of blistering hot inflation that induced the U.S. Federal Reserve to whipsaw from effectively promising to keep interest rates pinned at 0% until at least 2024 this time two years ago to launching into its most aggressive rate hiking campaign since the 1970s this time a year ago, the consequences of such abrupt and dramatic monetary policy swings are now coming into view. The song is over, and what we have seen so far is likely only the beginning of what is ahead now.Getting in tuneMuch has been written and pontificated about what has taken place in the banking system over the last two week since March 8 when Fed Chair Jay Powell flexed before Congress that the Fed was poised to raise interest rates by a half point at its March 22 FOMC meeting (what a difference a fortnight makes). It’s not that nothing more needs to be said on these topics, but it is also worthwhile to step back and reflect on selected perspectives that may be getting overlooked as the narrative rapidly unfolds.March madnessI don’t know about you, but debating whether the global financial system might implode is not the best way to relax over weekend. Yet for the past two weekends, that’s exactly what we’ve had to game out. During the weekend of March 11-12, we held our breath wondering whether the U.S. financial trinity – the Treasury, the Federal Reserve, and the FDIC – would come up with an emergency solution to save the financial system from rampant bank runs before the markets in Asia opened on Sunday night. The next weekend of March 18-19, we waited and wondered whether the Swiss would be able to arrange a shotgun merger between its two banking behemoths and prevent the meltdown of a Systemically Important Financial Institution (SIFI). What new crisis threatening the global financial system will we have to look forward to in the coming weekends? Only time will tell.Revising my teaching notesSo as I prepare my Intro to Finance lecture discussing how creditors are paid in the event of a liquidation, the events of the past weekend have provided a whole new twist to the discussion. For when it comes to the order in which people traditionally get paid in liquidation, its secured debt holders first, then senior unsecured lenders, followed by junior subordinated debt holders, then preferred stockholders, and both last and least (and typically nothing at all) common stock holders. Needless to say it was eyebrow raising when in the case of Credit Suisse the subordinated debt holders got wiped out yet the common stock holders received $1 billion $2 billion $3 billion in a merger withUBSthat was completed without the customary shareholder approval vote.Listen, I get it that there simply was not the time to get shareholders to vote on a deal that absolutely had to be done over a weekend, but not only exempting the rule of law but also having the deal structured in a way that leaves head scratching questions in terms of the way that it was structured is not the best for engendering investor confidence going forward. Something tells me that this may not be the last we hear AT1 debt and banking system instability uttered in the same sentence.Tightening lending standardsIf you are running a small or mid-sized regional bank, it has been a traumatic past two weeks. It has been particularly traumatic if you are among the small or mid-sized regional banks that exercised poor credit management by doing things like using your depositors' money to load up on long-term Treasuries and MBS in 2021 just before they were set to lose as much as 30% of their value.With this potential fight for survival in mind, you may be far less inclined today than you were two weeks ago as a small or mid-sized bank to lend money out to your institutional and retail customers. And if the regional banks that serve so many local communities across the country share this more cautious inclination, this means less home buying, less car buying, less consumer spending, less capital expenditures, and less hiring of new employees. Add all of these “less”es together, and you have an economic recession, just as we have seen several times in the recent past as evidenced in the chart below.Federal Reserve Bank of St. Louis, Board of GovernorsThe deeply inverted yield curve has been screaming recession for quite a while now, and recent developments across the banking landscape have not only meaningfully improved the probability of recession, but also that any such recession is likely to be a bit deeper and longer than previously anticipated.The fact that stocks continue to trade at a premium coupled with the fact that corporate earnings are still toward the high end of their historical range with considerable room to come back down suggests that the road ahead for stocks over the next few months could get a bit bumpy before it’s all said and done.The banking crisis may do the Fed’s workIf one wants to try to put a silver lining on idiosyncratic bank failures and stressful weekends waiting for emergency policy rescues, a positive that is likely to come from the recent banking crises and the probable tightening of lending standards is that it is likely to bring down inflation both further and faster than we would have seen otherwise. As I often like to say to my Principles of Macro students, if you have too much money chasing too few goods, a great way to solve it is by simply taking money away from people. And since politicians on all sides of the political aisle no longer have the resolve to actually raise taxes on anyone other than the ultra-wealthy, raising interest rates and tightening lending standards are ways to do it. If people don’t have money, they can’t spend it, and inflation comes back down.A sooner and deeper recession may actually help at risk banks. What has put so many small and mid-sized banks at risk has been the precipitous decline in long-term Treasury and MBS prices. But if inflation comes down and the economy falls into recession, both of these forces are typically meaningful tailwinds for these same securities as interest rates eventually come back down and investors take flight to safety. It’s an interesting thought pretzel to think that an economic recession could help fix the banking crisis while an ongoing economic expansion could send more banks over the edge.Who’s nextBringing this all back together, it is very likely that we are still in the very early stages of a banking crisis that may take many months to play out. It is important to remember that when the U.S. Federal Reserve raises interest rates, it historically takes upwards of twelve months before the tightening effects of the rate hike have fully worked their way through the economy. And given that the Fed only started hiking rates at this time last year, this means that only the first 25 bps rate hike from last year has fully come out the other side and we have 450 bps of interest rate hikes still making their way through the proverbial snake. This includes four consecutive 75 bps bombs from the middle to latter part of last year as well as the latest 25 bps cherry on top of the rate hiking cycle cake that the Fed delivered coming out of their latest FOMC meeting this Wednesday. Somehow, I have a sneaking suspicion we may someday look back with derision on this last rate hike. It will be interesting to see.With all of this in mind, we should remain mindful that the stream of banks under stress may not be continuous as we continue through 2023. We may go through prolonged stretches where it looks like the problem is behind us (May 2008, anyone?) only to find a new set of problems emerge in a different segment of the financial sector. Thus, keeping a close eye on further rumbles across the financial sector is a prudent strategy as we move forward from here.As for who’s next in the meantime, I am not breaking any news by saying that First Republic Bank (FRC) remains the institution to watch. The situation remains highly tenuous despite the repeated efforts of both public and private institutions to resuscitate the ailing bank. If First Republic ultimately succumbs, pressure on other at risk regional banking institutions is not only likely to persist but amplify. On the other hand, if First Republic perseveres, such a period of relief from immediate banking stress may follow.Who’s lastIf we go through a worst case scenario thought exercise, it’s reasonable to consider where the road might end in the current banking crisis. A name that is worth monitoring in this regard is Bank of America (BAC), which of course is one of the largest financial institutions in the world and among the top of the SIFI category. Of course, nothing at all is imminently at issue with Bank of America, but it does have a notably larger long-term bond portfolio relative to its major banking institution peers. As a result, it is worth monitoring as a back-end measure of underlying financial sector stress.We won’t get fooled againOh no, we so will. A defining characteristic of financial markets and the policy makers that oversee them is a memory that seemingly lasts about 18 months to two years at most. Unfortunately, this leads markets and policy makers to unwittingly and repeatedly fall into the same traps, only through different means. Fortunately for investors, such dislocations lead to attractive opportunities for those that are prepared and positioned to capitalize. Thus, maintaining a sharp focus on potential downside risks such as ongoing banking industry volatility is a productive way to navigate short-term turbulence while seeking to capitalize on long-term upside.This article is written by Eric Parnell, CFA for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947732707,"gmtCreate":1683591902410,"gmtModify":1683591907487,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Prepare popcorn n watch show. Eventually a deal will be made.&nbsp;","listText":"Prepare popcorn n watch show. Eventually a deal will be made.&nbsp;","text":"Prepare popcorn n watch show. Eventually a deal will be made.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947732707","repostId":"1151817796","repostType":2,"repost":{"id":"1151817796","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1683590203,"share":"https://ttm.financial/m/news/1151817796?lang=&edition=fundamental","pubTime":"2023-05-09 07:56","market":"us","language":"en","title":"Yellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1151817796","media":"Reuters","summary":"(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders t","content":"<html><head></head><body><p>(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the &#34;catastrophic&#34; impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.</p><p style=\"text-align: start;\">The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the &#34;dangerous consequences of the current brinkmanship,&#34; one of the sources said.</p><p>The sources declined to name the CEOs with whom Yellen had spoken in recent days, or provide any other details about their conversations, but one said they included executives in the financial sector and broader economy.</p><p style=\"text-align: start;\">While the sources did not spell out her purpose, Biden administration officials have been speaking to business owners about pressuring Republicans to raise the debt ceiling without conditions.</p><p style=\"text-align: start;\">The Treasury secretary delayed a planned trip to Japan for this week&#39;s Group of Seven finance ministers meeting to appear on the ABC News program &#34;This Week&#34; on Sunday, where she warned the failure of Congress to raise the $31.4 trillion debt ceiling could trigger a &#34;constitutional crisis.&#34;</p><p>Talks on the issue should not take place &#34;with a gun to the head of the American people,&#34; Yellen said in a pointed reference to Republican lawmakers&#39; insistence on tying a debt-ceiling increase to sweeping spending cuts that Democrats oppose.</p><p style=\"text-align: start;\">Yellen is now slated to leave for Japan this week and will hold a news conference in Niigata, Japan, on Thursday before the G7 meeting.</p><p style=\"text-align: start;\">President Joe Biden insists that Congress has a constitutional duty to raise the debt ceiling, which reflects previously spent federal money, without conditions.</p><p style=\"text-align: start;\">He will meet on Tuesday with Republican House Speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell and top congressional Democrats at the White House to try to break the impasse.</p><p style=\"text-align: start;\">Yellen told lawmakers last week that Treasury will likely be unable to pay all the government&#39;s bills as early as June 1 without an increase in the federal debt limit.</p><p>Yellen, other economists and analysts have repeatedly warned that a default on U.S. debt would result in millions of job losses, while driving household payments on mortgages, auto loans and credit cards higher.</p><p style=\"text-align: start;\">Unlike most other developed countries, the U.S. puts a hard limit on how much it can borrow. Because the government spends more than it takes in, lawmakers must periodically raise the debt ceiling.</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>Yellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources 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\">\nYellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources Say\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\">2023-05-09 07:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the &#34;catastrophic&#34; impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.</p><p style=\"text-align: start;\">The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the &#34;dangerous consequences of the current brinkmanship,&#34; one of the sources said.</p><p>The sources declined to name the CEOs with whom Yellen had spoken in recent days, or provide any other details about their conversations, but one said they included executives in the financial sector and broader economy.</p><p style=\"text-align: start;\">While the sources did not spell out her purpose, Biden administration officials have been speaking to business owners about pressuring Republicans to raise the debt ceiling without conditions.</p><p style=\"text-align: start;\">The Treasury secretary delayed a planned trip to Japan for this week&#39;s Group of Seven finance ministers meeting to appear on the ABC News program &#34;This Week&#34; on Sunday, where she warned the failure of Congress to raise the $31.4 trillion debt ceiling could trigger a &#34;constitutional crisis.&#34;</p><p>Talks on the issue should not take place &#34;with a gun to the head of the American people,&#34; Yellen said in a pointed reference to Republican lawmakers&#39; insistence on tying a debt-ceiling increase to sweeping spending cuts that Democrats oppose.</p><p style=\"text-align: start;\">Yellen is now slated to leave for Japan this week and will hold a news conference in Niigata, Japan, on Thursday before the G7 meeting.</p><p style=\"text-align: start;\">President Joe Biden insists that Congress has a constitutional duty to raise the debt ceiling, which reflects previously spent federal money, without conditions.</p><p style=\"text-align: start;\">He will meet on Tuesday with Republican House Speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell and top congressional Democrats at the White House to try to break the impasse.</p><p style=\"text-align: start;\">Yellen told lawmakers last week that Treasury will likely be unable to pay all the government&#39;s bills as early as June 1 without an increase in the federal debt limit.</p><p>Yellen, other economists and analysts have repeatedly warned that a default on U.S. debt would result in millions of job losses, while driving household payments on mortgages, auto loans and credit cards higher.</p><p style=\"text-align: start;\">Unlike most other developed countries, the U.S. puts a hard limit on how much it can borrow. Because the government spends more than it takes in, lawmakers must periodically raise the debt ceiling.</p></body></html>\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"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151817796","content_text":"(Reuters) - Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the \"catastrophic\" impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar with the matter said on Monday.The Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the \"dangerous consequences of the current brinkmanship,\" one of the sources said.The sources declined to name the CEOs with whom Yellen had spoken in recent days, or provide any other details about their conversations, but one said they included executives in the financial sector and broader economy.While the sources did not spell out her purpose, Biden administration officials have been speaking to business owners about pressuring Republicans to raise the debt ceiling without conditions.The Treasury secretary delayed a planned trip to Japan for this week's Group of Seven finance ministers meeting to appear on the ABC News program \"This Week\" on Sunday, where she warned the failure of Congress to raise the $31.4 trillion debt ceiling could trigger a \"constitutional crisis.\"Talks on the issue should not take place \"with a gun to the head of the American people,\" Yellen said in a pointed reference to Republican lawmakers' insistence on tying a debt-ceiling increase to sweeping spending cuts that Democrats oppose.Yellen is now slated to leave for Japan this week and will hold a news conference in Niigata, Japan, on Thursday before the G7 meeting.President Joe Biden insists that Congress has a constitutional duty to raise the debt ceiling, which reflects previously spent federal money, without conditions.He will meet on Tuesday with Republican House Speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell and top congressional Democrats at the White House to try to break the impasse.Yellen told lawmakers last week that Treasury will likely be unable to pay all the government's bills as early as June 1 without an increase in the federal debt limit.Yellen, other economists and analysts have repeatedly warned that a default on U.S. debt would result in millions of job losses, while driving household payments on mortgages, auto loans and credit cards higher.Unlike most other developed countries, the U.S. puts a hard limit on how much it can borrow. Because the government spends more than it takes in, lawmakers must periodically raise the debt ceiling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019737501,"gmtCreate":1648640003630,"gmtModify":1676534369264,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"She will buy back at 30 bucks lol","listText":"She will buy back at 30 bucks lol","text":"She will buy back at 30 bucks lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019737501","repostId":"1183502529","repostType":2,"repost":{"id":"1183502529","kind":"news","pubTimestamp":1648639827,"share":"https://ttm.financial/m/news/1183502529?lang=&edition=fundamental","pubTime":"2022-03-30 19:30","market":"us","language":"en","title":"Who Cares If Cathie Wood Sold All of Her Palantir Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1183502529","media":"InvestorPlace","summary":"With or without Cathie Wood, PLTR stock remains an excellent long-term buy","content":"<html><head></head><body><ul><li><b>Ark Investment Management</b> fully exited its <b>Palantir Technologies</b>(<b>PLTR</b>) position in March.</li><li>Cathie Wood’s firm held more than 30 million shares in early February.</li><li>The portfolio manager’s exit should not influence your decision about the company.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62e47501cb37f39748c0f67b2c5a622f\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"/><span>Source: Spyro the Dragon / Shutterstock.com</span></p><p>It’s been a couple of weeks since star portfolio manager Cathie Wood fully unwound her company’s position in big data analytics firm <b>Palantir Technologies</b>(NYSE:<b>PLTR</b>). The move has done little to hurt PLTR stock.</p><p>It always amuses me when the business media freak out because some big shot is selling a large number of shares in a particular company. In this instance,<i>Benzinga</i> reported on March 10 that Wood took her holdings in Palantir from well over 30 million shares in February down to zero in approximately 13 trades.</p><p>I say this all the time. Investors of every description sell for many reasons. They buy for one.</p><p>If you own Palantir, do not let Wood’s decision affect your view of the company. In the end, you could be right, and she could be wrong. It happens more often than you think.</p><p>Trust your gut. Do not listen to others. That includes me. Here’s why.</p><table><tbody><tr><td><b>PLTR</b></td><td>Palantir Technologies</td><td>$12.89</td></tr></tbody></table><p><b>PLTR Stock Was Less Than 3% of Ark Invest Assets</b></p><p>Wood’s biggest exchange traded fund (ETF) by assets is the <b>ARK Innovation ETF</b>(NYSEARCA:<b>ARKK</b>). It has a turnover rate of 71%. That’s not high by active standards, but it’s high enough. Stocks are going to get sacrificed in the name of better returns. Clearly, Wood felt there was a better place for the estimated $360 million ($12 x 30 million shares).</p><p>ARKK currently has $12.48 billion in total net assets. That means PLTR accounted for 2.9% of the ETF’s portfolio. So if Wood still held, it would be the 15th largest position. But, of course, we know that some of Wood’s other ETFs held Palantir stock, so it held an even less critical role within Ark Invest.</p><p>According to <i>WhaleWisdom</i>, Ark Invest held 35.3 million shares worth $642.5 million at the end of the fourth quarter. They accounted for 1.95% of the $33.1 billion listed on its latest 13F filing.</p><p>If Wood sold her entire position in <b>Tesla</b>(NASDAQ:<b>TSLA</b>), that would be an entirely different situation. Ark Invest has held TSLA since the fourth quarter of 2016. That’s more than 60 months ago or so. Palantir only becam ea public company 19 months ago. The level of commitment is entirely different.</p><p><b>The Proper Course of Action</b></p><p>My<i>InvestorPlace</i>colleague, Larry Ramer, recently said the following about Wood’s departure from Palantir:</p><blockquote>[F]unds managed by Cathie Wood, who for over a year was by far the most visible cheerleader for the company, have sold all of their PLTR stock. When a stock’s most famous bull throws in the towel on it, most investors are not going to want to own the shares for a long time</blockquote><p>Listen, Wood might have been vocal in her support for Palantir, but that’s her schtick. She gets out in front to support the stocks that she owns. I have no problem with cheerleading. She’s done a great job of defending Tesla over the years.</p><p>However, if you think that Wood holds a candle to Peter Thiel’s commitment to Palantir — he owns almost 164 million shares — you haven’t followed the company’s story very closely.</p><p>Like Wood selling Tesla, Thiel unloading Palantir would be a big deal. But, of course, he owns so much it might take him several years to unwind profitably.</p><p>Regular retail investors should pay little attention to what billionaires and money managers are selling and focus on what they’re buying. That’s what matters.</p><p>PLTR Stock Is a Buy for Those Not Easily Influenced</p><p>I would suggest that Palantir is not a stock you should own if you are influenced by what Cathie Wood is selling. She’s irrelevant to your investment decision.</p><p>Instead, it would be best if you were asking yourself why you bought it in the first place. If your thoughts about the company aren’t much different from when you first acquired its shares, you shouldn’t worry about what Cathie Wood is doing. Her interests are entirely different from yours.</p><p>In my last article about Palantir, I said that Palantir was an excellent long-term buy in the teens. It’s dropped 29 cents in the six weeks since. I don’t believe anything has changed about its business. Its sales are growing, but it needs to scale to profitability. I think it will.</p><p>Maybe Cathie Wood doesn’t and that’s why she sold. I couldn’t care less.</p></body></html>","source":"lsy1606302653667","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>Who Cares If Cathie Wood Sold All of Her Palantir Stock</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\">\nWho Cares If Cathie Wood Sold All of Her Palantir Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 19:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Investment Management fully exited its Palantir Technologies(PLTR) position in March.Cathie Wood’s firm held more than 30 million shares in early February.The portfolio manager’s exit should not ...</p>\n\n<a href=\"https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183502529","content_text":"Ark Investment Management fully exited its Palantir Technologies(PLTR) position in March.Cathie Wood’s firm held more than 30 million shares in early February.The portfolio manager’s exit should not influence your decision about the company.Source: Spyro the Dragon / Shutterstock.comIt’s been a couple of weeks since star portfolio manager Cathie Wood fully unwound her company’s position in big data analytics firm Palantir Technologies(NYSE:PLTR). The move has done little to hurt PLTR stock.It always amuses me when the business media freak out because some big shot is selling a large number of shares in a particular company. In this instance,Benzinga reported on March 10 that Wood took her holdings in Palantir from well over 30 million shares in February down to zero in approximately 13 trades.I say this all the time. Investors of every description sell for many reasons. They buy for one.If you own Palantir, do not let Wood’s decision affect your view of the company. In the end, you could be right, and she could be wrong. It happens more often than you think.Trust your gut. Do not listen to others. That includes me. Here’s why.PLTRPalantir Technologies$12.89PLTR Stock Was Less Than 3% of Ark Invest AssetsWood’s biggest exchange traded fund (ETF) by assets is the ARK Innovation ETF(NYSEARCA:ARKK). It has a turnover rate of 71%. That’s not high by active standards, but it’s high enough. Stocks are going to get sacrificed in the name of better returns. Clearly, Wood felt there was a better place for the estimated $360 million ($12 x 30 million shares).ARKK currently has $12.48 billion in total net assets. That means PLTR accounted for 2.9% of the ETF’s portfolio. So if Wood still held, it would be the 15th largest position. But, of course, we know that some of Wood’s other ETFs held Palantir stock, so it held an even less critical role within Ark Invest.According to WhaleWisdom, Ark Invest held 35.3 million shares worth $642.5 million at the end of the fourth quarter. They accounted for 1.95% of the $33.1 billion listed on its latest 13F filing.If Wood sold her entire position in Tesla(NASDAQ:TSLA), that would be an entirely different situation. Ark Invest has held TSLA since the fourth quarter of 2016. That’s more than 60 months ago or so. Palantir only becam ea public company 19 months ago. The level of commitment is entirely different.The Proper Course of ActionMyInvestorPlacecolleague, Larry Ramer, recently said the following about Wood’s departure from Palantir:[F]unds managed by Cathie Wood, who for over a year was by far the most visible cheerleader for the company, have sold all of their PLTR stock. When a stock’s most famous bull throws in the towel on it, most investors are not going to want to own the shares for a long timeListen, Wood might have been vocal in her support for Palantir, but that’s her schtick. She gets out in front to support the stocks that she owns. I have no problem with cheerleading. She’s done a great job of defending Tesla over the years.However, if you think that Wood holds a candle to Peter Thiel’s commitment to Palantir — he owns almost 164 million shares — you haven’t followed the company’s story very closely.Like Wood selling Tesla, Thiel unloading Palantir would be a big deal. But, of course, he owns so much it might take him several years to unwind profitably.Regular retail investors should pay little attention to what billionaires and money managers are selling and focus on what they’re buying. That’s what matters.PLTR Stock Is a Buy for Those Not Easily InfluencedI would suggest that Palantir is not a stock you should own if you are influenced by what Cathie Wood is selling. She’s irrelevant to your investment decision.Instead, it would be best if you were asking yourself why you bought it in the first place. If your thoughts about the company aren’t much different from when you first acquired its shares, you shouldn’t worry about what Cathie Wood is doing. Her interests are entirely different from yours.In my last article about Palantir, I said that Palantir was an excellent long-term buy in the teens. It’s dropped 29 cents in the six weeks since. I don’t believe anything has changed about its business. Its sales are growing, but it needs to scale to profitability. I think it will.Maybe Cathie Wood doesn’t and that’s why she sold. I couldn’t care less.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094546916,"gmtCreate":1645194311474,"gmtModify":1676534007647,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"This is trading and not value investing over 5-years horizon&nbsp;","listText":"This is trading and not value investing over 5-years horizon&nbsp;","text":"This is trading and not value investing over 5-years horizon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094546916","repostId":"1194989459","repostType":4,"repost":{"id":"1194989459","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":1645190602,"share":"https://ttm.financial/m/news/1194989459?lang=&edition=fundamental","pubTime":"2022-02-18 21:23","market":"us","language":"en","title":"Cathie Wood Dumps $56M In Palantir Shares After Dismal Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1194989459","media":"Benzinga","summary":"Cathie Wood-ledArk Investment Managementon Thursday significantly lowered its exposure toPalantir Technologies Incon the day shares of thePeterThiel-backed company plummeted after it reported worse-than-expected quarterly earnings.The popular investment managementfirm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.Palantir repo","content":"<html><head></head><body><p><b>Cathie Wood</b>-led <b>Ark Investment Management</b> on Thursday significantly lowered its exposure to <b>Palantir Technologies Inc</b> on the day shares of the <b>PeterThiel</b>-backed company plummeted after it reported worse-than-expected quarterly earnings.</p><p>The popular investment management firm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.</p><p>Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.</p><p>Palantir reported fourth-quarter earnings of 2 cents per share before the market opened on Thursday, missing the analyst consensus estimate of 4 cents.</p><p>The software company, known for its work with government agencies, reported quarterly sales of $432.87 million, which beat the analyst consensus estimate of $417.69 million.</p><p>Ark Invest held 30.48 million shares in Palantir, prior to Thursday’s trade, implying it trimmed nearly 16% of the total stake.</p><p>The St. Petersburg, Florida-based investment management firm owns shares in Palantir via all of its active exchange-traded funds, including the flagship <b>Ark Innovation ETF.</b></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>Cathie Wood Dumps $56M In Palantir Shares After Dismal Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Dumps $56M In Palantir Shares After Dismal Earnings\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\">2022-02-18 21:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Cathie Wood</b>-led <b>Ark Investment Management</b> on Thursday significantly lowered its exposure to <b>Palantir Technologies Inc</b> on the day shares of the <b>PeterThiel</b>-backed company plummeted after it reported worse-than-expected quarterly earnings.</p><p>The popular investment management firm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.</p><p>Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.</p><p>Palantir reported fourth-quarter earnings of 2 cents per share before the market opened on Thursday, missing the analyst consensus estimate of 4 cents.</p><p>The software company, known for its work with government agencies, reported quarterly sales of $432.87 million, which beat the analyst consensus estimate of $417.69 million.</p><p>Ark Invest held 30.48 million shares in Palantir, prior to Thursday’s trade, implying it trimmed nearly 16% of the total stake.</p><p>The St. Petersburg, Florida-based investment management firm owns shares in Palantir via all of its active exchange-traded funds, including the flagship <b>Ark Innovation ETF.</b></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194989459","content_text":"Cathie Wood-led Ark Investment Management on Thursday significantly lowered its exposure to Palantir Technologies Inc on the day shares of the PeterThiel-backed company plummeted after it reported worse-than-expected quarterly earnings.The popular investment management firm sold 4.77 million shares — estimated to be worth $56.2 million based on Thursday’s closing — in the big data company.Palantir stock closed 15.7% lower at $11.7 a share on Thursday. The stock is down 36.5% year-to-date.Palantir reported fourth-quarter earnings of 2 cents per share before the market opened on Thursday, missing the analyst consensus estimate of 4 cents.The software company, known for its work with government agencies, reported quarterly sales of $432.87 million, which beat the analyst consensus estimate of $417.69 million.Ark Invest held 30.48 million shares in Palantir, prior to Thursday’s trade, implying it trimmed nearly 16% of the total stake.The St. Petersburg, Florida-based investment management firm owns shares in Palantir via all of its active exchange-traded funds, including the flagship Ark Innovation ETF.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928754175,"gmtCreate":1671410735998,"gmtModify":1676538531120,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Don't think he will ever do so, after spending so much on twitter. Did he not said, he won't sell tsla shares.... control freak btw&nbsp;","listText":"Don't think he will ever do so, after spending so much on twitter. Did he not said, he won't sell tsla shares.... control freak btw&nbsp;","text":"Don't think he will ever do so, after spending so much on twitter. Did he not said, he won't sell tsla shares.... control freak btw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928754175","repostId":"1168177056","repostType":2,"repost":{"id":"1168177056","kind":"news","pubTimestamp":1671409972,"share":"https://ttm.financial/m/news/1168177056?lang=&edition=fundamental","pubTime":"2022-12-19 08:32","market":"us","language":"en","title":"Musk Asks Twitter Users to Decide If He Should Step Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1168177056","media":"Bloomberg","summary":"Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he sh","content":"<html><head></head><body><p>Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he should step down as head of the social media site.</p><p>Twitter’s billionaire owner will abide by the results of the poll, he pledged in a tweet Sunday. Musk also said that going forward he will hold votes on major policy changes.</p><p>Since his takeover of Twitter, Musk has faced criticism for several of the changes he’s made at the company, including firing more than half its staff and allowing back previously barred users. Over the past week, he’s come under increased fire for banning multiple accounts for “doxxing” his location, including those of prominent journalists at the Washington Post, CNN and others.</p><p>Musk’s pledge to hold votes on policy changes came after Twitter on Sunday announced it will remove accounts “created solely” to promote other social media platforms. Accounts promoting rivals and containing links to sites such as Facebook, Instagram and Mastodon will be taken down, the company said.</p></body></html>","source":"lsy1584095487587","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>Musk Asks Twitter Users to Decide If He Should Step Down</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\">\nMusk Asks Twitter Users to Decide If He Should Step Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 08:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-18/elon-musk-holds-poll-on-whether-he-should-step-down-at-twitter><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he should step down as head of the social media site.Twitter’s billionaire owner will abide by the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-18/elon-musk-holds-poll-on-whether-he-should-step-down-at-twitter\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-18/elon-musk-holds-poll-on-whether-he-should-step-down-at-twitter","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168177056","content_text":"Elon Musk, under fire for recent policy changes at Twitter, is asking users to vote on whether he should step down as head of the social media site.Twitter’s billionaire owner will abide by the results of the poll, he pledged in a tweet Sunday. Musk also said that going forward he will hold votes on major policy changes.Since his takeover of Twitter, Musk has faced criticism for several of the changes he’s made at the company, including firing more than half its staff and allowing back previously barred users. Over the past week, he’s come under increased fire for banning multiple accounts for “doxxing” his location, including those of prominent journalists at the Washington Post, CNN and others.Musk’s pledge to hold votes on policy changes came after Twitter on Sunday announced it will remove accounts “created solely” to promote other social media platforms. Accounts promoting rivals and containing links to sites such as Facebook, Instagram and Mastodon will be taken down, the company said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106722599,"gmtCreate":1620149466311,"gmtModify":1704339390375,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Not unexpected, just a matter of timing","listText":"Not unexpected, just a matter of timing","text":"Not unexpected, just a matter of timing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106722599","repostId":"1140575890","repostType":4,"repost":{"id":"1140575890","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":1620141444,"share":"https://ttm.financial/m/news/1140575890?lang=&edition=fundamental","pubTime":"2021-05-04 23:17","market":"us","language":"en","title":"Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat","url":"https://stock-news.laohu8.com/highlight/detail?id=1140575890","media":"Tiger Newspress","summary":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to kee","content":"<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></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>Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat</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\">\nYellen says interest rates may have to rise somewhat to make sure economy doesn't overheat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-04 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140575890","content_text":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"\"But these are investments our economy needs to be competitive and productive,\" she added.Nasdaq fell over 2% for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106726821,"gmtCreate":1620149291063,"gmtModify":1704339389884,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Not unexpected, matter of timing&nbsp;","listText":"Not unexpected, matter of timing&nbsp;","text":"Not unexpected, matter of timing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106726821","repostId":"1140575890","repostType":4,"repost":{"id":"1140575890","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":1620141444,"share":"https://ttm.financial/m/news/1140575890?lang=&edition=fundamental","pubTime":"2021-05-04 23:17","market":"us","language":"en","title":"Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat","url":"https://stock-news.laohu8.com/highlight/detail?id=1140575890","media":"Tiger Newspress","summary":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to kee","content":"<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></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>Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat</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\">\nYellen says interest rates may have to rise somewhat to make sure economy doesn't overheat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-04 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140575890","content_text":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"\"But these are investments our economy needs to be competitive and productive,\" she added.Nasdaq fell over 2% for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941679904,"gmtCreate":1680236762909,"gmtModify":1680236767020,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Analysts not wrong. Tell you to sell so they buy low. Tell you buy on dip so they can unload. Best DYODD","listText":"Analysts not wrong. Tell you to sell so they buy low. Tell you buy on dip so they can unload. Best DYODD","text":"Analysts not wrong. Tell you to sell so they buy low. Tell you buy on dip so they can unload. Best DYODD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941679904","repostId":"2323455677","repostType":2,"repost":{"id":"2323455677","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":1680218739,"share":"https://ttm.financial/m/news/2323455677?lang=&edition=fundamental","pubTime":"2023-03-31 07:25","market":"us","language":"en","title":"Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2323455677","media":"Dow Jones","summary":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book ","content":"<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</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>Michael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"</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\">\nMichael Burry of \"Big Short\" Fame Says He Was \"Wrong\" to Tell Investors to \"Sell\"\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\">2023-03-31 07:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis&#39;s book &#34;the Big Short,&#34; said in a Thursday tweet that he was &#34;wrong&#34; to tell investors to sell stocks two months ago.</p><p>Burry issued a one-word tweet on Jan. 31 advising his followers to &#34;sell.&#34; While he didn&#39;t elaborate, MarketWatch&#39;s Steve Goldstein noted at the time that it wasn&#39;t hard to fill in the blanks.</p><p>The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.</p><p>On Feb. 2, a few days after Burry&#39;s &#34;sell&#34; tweet, the S&amp;P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index&#39;s highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.</p><p>But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&amp;P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.</p><p>The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008</p><p>Wall Street analysts expect corporate earnings for S&amp;P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet&#39;s John Butters.</p><p>Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to &#34;buy the dip&#34; in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","SDS":"两倍做空标普500ETF","BK4559":"巴菲特持仓","BK4588":"碎股","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","BK4581":"高盛持仓","SSO":"两倍做多标普500ETF","BK4504":"桥水持仓","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323455677","content_text":"Michael Burry, the hedge-fund manager at Scion Asset Management made famous by Michael Lewis's book \"the Big Short,\" said in a Thursday tweet that he was \"wrong\" to tell investors to sell stocks two months ago.Burry issued a one-word tweet on Jan. 31 advising his followers to \"sell.\" While he didn't elaborate, MarketWatch's Steve Goldstein noted at the time that it wasn't hard to fill in the blanks.The hedge-fund manager, who correctly anticipated the collapse of the U.S. housing market that triggered the 2008 financial crisis, was advising his followers to sell stocks after a stellar January run-up that saw the Nasdaq Composite rise 10.7%, according to FactSet -- its best start to a year in nearly two decades.On Feb. 2, a few days after Burry's \"sell\" tweet, the S&P 500 index closed at 4,179.76 after the Fed delivered a 25 basis point interest rate hike. That proved to be the large-cap index's highest close of 2023, as several weeks of declines followed. The index has fallen roughly 3% since that day, according to FactSet data.But the trend changed once again in March, as U.S. stocks proved surprisingly resilient, shrugging off a transatlantic crisis of confidence in the banking sector, renewed fears of an economic downturn, and expectations that S&P 500 companies suffered their biggest quarterly earnings decline since the second quarter of 2020.The resilience of U.S. stocks appeared even more remarkable when compared with massive daily swings in Treasury yields that briefly caused implied volatility in the bond market to explode to its highest level since 2008Wall Street analysts expect corporate earnings for S&P 500 firms to have declined 6.1% during the first quarter, which ends on Friday. If this comes to pass, it would be the biggest quarterly decline since the second quarter of 2020, according to FactSet's John Butters.Burry sent a second tweet on Thursday sardonically calling out contemporary traders for continuing to \"buy the dip\" in U.S. stocks, following a Bloomberg News report that 2023 is shaping up to be a banner year for the strategy, which gained prominence during the bull run that followed the 2008 financial crisis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132788063,"gmtCreate":1622116172052,"gmtModify":1704179721560,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>https://conferencecalltranscripts.com/summary/?id=224099&amp;pr=true","listText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>https://conferencecalltranscripts.com/summary/?id=224099&amp;pr=true","text":"$Cresco Labs Inc.(CRLBF)$https://conferencecalltranscripts.com/summary/?id=224099&pr=true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/132788063","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970524762,"gmtCreate":1684740653757,"gmtModify":1684740657682,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Good px to get in now","listText":"Good px to get in now","text":"Good px to get in now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970524762","repostId":"2337500731","repostType":2,"repost":{"id":"2337500731","kind":"highlight","pubTimestamp":1684738628,"share":"https://ttm.financial/m/news/2337500731?lang=&edition=fundamental","pubTime":"2023-05-22 14:57","market":"us","language":"en","title":"Is Alibaba Stock a Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2337500731","media":"Motley Fool","summary":"The Chinese e-commerce and cloud giant is still growing at a sluggish rate.","content":"<html><head></head><body><p>Alibaba&#39;s stock dropped 5% after it posted its latest earnings report on May 18. For the fourth quarter of fiscal 2023, which ended on March 31, the Chinese e-commerce and cloud leader&#39;s revenue rose 2% year over year to 208.2 billion yuan ($30.3 billion) and surpassed analysts&#39; expectations by $410 million. Its adjusted net income increased 38% to 27.4 billion yuan ($4.0 billion), or $1.56 per American depositary share (ADS), and also cleared the consensus forecast by $0.21.</p><p>For the full year, Alibaba&#39;s revenue and adjusted earnings per ADS grew 2% and 4%, respectively. Should investors buy Alibaba&#39;s stock, which has plummeted more than 70% from its all-time high in October 2020, as a value play on China&#39;s COVID-19 recovery? Or will this bellwether of the Chinese tech sector remain out of favor for the foreseeable future?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5158cd40d553db567592f6509e8c86cd\" alt=\"Image source: Alibaba.\" title=\"Image source: Alibaba.\" tg-width=\"700\" tg-height=\"468\"/><span>Image source: Alibaba.</span></p><h2>Why did the bulls retreat from Alibaba stock?</h2><p>Alibaba&#39;s downfall was caused by regulatory, competitive, and macro headwinds. In September 2021, China&#39;s antitrust regulators hit Alibaba with a record $2.8 billion fine, forced it to end its exclusive deals with merchants and aggressive promotions, and closely scrutinized its previous and planned investments. Those penalties eroded Alibaba&#39;s defenses against <strong>JD.com</strong>, <strong>Pinduoduo</strong>, and other e-commerce marketplaces across China.</p><p>On the macro front, China&#39;s economic slowdown and intermittent COVID lockdowns broadly curbed consumer spending. Those headwinds also forced companies to rein in their spending on Alibaba&#39;s cloud services. Its cloud business also suffered a major setback in 2021 when <strong>ByteDance</strong>, bowing to overseas pressure, moved the data of TikTok&#39;s overseas users from Alibaba Cloud to <strong>Oracle</strong>&#39;s cloud servers.</p><p>In fiscal 2023, Alibaba generated 67% of its revenue from its China Commerce segment, which houses Tmall, Taobao, and its brick-and-mortar stores. Another 9% came from Alibaba Cloud, which remains the largest cloud platform in China. Here&#39;s how these two core businesses fared over the past two years.</p><table style=\"border-collapse:collapse;\"><colgroup><col width=\"272\"/><col width=\"135\"/><col width=\"146\"/></colgroup><tbody><tr><th data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p>Segment</p></th><th data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>FY 2022</p></th><th data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>FY 2023</p></th></tr><tr><td data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p><strong>China Commerce Revenue Growth</strong></p></td><td data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>18%</p></td><td data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>(1%)</p></td></tr><tr><td data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p><strong>Cloud Revenue Growth</strong></p></td><td data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>23%</p></td><td data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>4%</p></td></tr><tr><td data-colwidth=\"272\" style=\"text-align:left;width:272px;\"><p><strong>Total Revenue Growth</strong></p></td><td data-colwidth=\"135\" style=\"text-align:left;width:135px;\"><p>19%</p></td><td data-colwidth=\"146\" style=\"text-align:left;width:146px;\"><p>2%</p></td></tr></tbody></table><p>Data source: Alibaba.</p><p>That slowdown drove a lot of investors away from Alibaba. But on the bright side, Alibaba&#39;s operating margin expanded from 8% in fiscal 2022 to 12% in fiscal 2023, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin increased from 19% to 20%. That expansion was driven by about 19,000 layoffs throughout calendar 2022, as well as other aggressive cost-cutting measures.</p><h2>What are Alibaba&#39;s plans for the future?</h2><p>Back in March, Alibaba revealed its plans for the future by splitting its business into six new groups: Cloud Intelligence, Taobao Tmall Commerce, Local Services, Cainiao Smart Logistics, Global Digital Commerce, and the Digital Media and Entertainment Group. All six groups will be led by different CEOs, and most of them will either pursue fresh funding or IPOs.</p><p>Alibaba provided an update to that plan with its fourth-quarter report. It will spin off its entire cloud division in an IPO, and it will distribute those shares to its current shareholders as a special dividend. It also plans to pursue external financing for its global e-commerce division (which includes its overseas and cross-border marketplaces) while exploring potential IPOs for Cainiao Smart Logistics and the grocery division of its Taobao Tmall Commerce Group.</p><p>But that doesn&#39;t mean Alibaba is splitting itself up. Alibaba will still hold majority stakes in all of those groups, even if they are spun off into publicly traded companies. The restructuring strategy will merely free up its business groups to pursue more external financing -- which should alleviate some pressure from Alibaba&#39;s own balance sheet -- and make their own decisions without fretting over how they might impact Alibaba&#39;s other divisions.</p><p>For example, Alibaba generated all of its operating profits from its China Commerce division in fiscal 2023. All of its other businesses posted operating losses, which puts a lot of pressure on Alibaba to subsidize its unprofitable businesses with its higher-margin commerce revenues. Spinning off its less-profitable divisions could gradually resolve that issue.</p><h2>Is Alibaba too cheap to ignore?</h2><p>Alibaba didn&#39;t provide any exact guidance for fiscal 2024, but its growth could accelerate again as China&#39;s economy finally experiences its post-COVID recovery. The spinoff of Alibaba Cloud could also generate fresh cash and boost its profits.</p><p>Analysts believe Alibaba&#39;s revenue and adjusted EBITDA will grow 10% and 9%, respectively, in fiscal 2024. Based on those estimates, which we should take with a grain of salt, Alibaba&#39;s stock seems cheap at two times this year&#39;s sales and 10 times its adjusted EBITDA. However, it could remain out of favor until its revenue growth accelerates again and the delisting threats for U.S.-listed Chinese stocks are resolved. Alibaba is worth keeping an eye on, but it&#39;s not a screaming bargain yet.</p></body></html>","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>Is Alibaba Stock a Buy Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Alibaba Stock a Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-22 14:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/20/is-alibaba-stock-a-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's stock dropped 5% after it posted its latest earnings report on May 18. For the fourth quarter of fiscal 2023, which ended on March 31, the Chinese e-commerce and cloud leader's revenue rose ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/20/is-alibaba-stock-a-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2023/05/20/is-alibaba-stock-a-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2337500731","content_text":"Alibaba's stock dropped 5% after it posted its latest earnings report on May 18. For the fourth quarter of fiscal 2023, which ended on March 31, the Chinese e-commerce and cloud leader's revenue rose 2% year over year to 208.2 billion yuan ($30.3 billion) and surpassed analysts' expectations by $410 million. Its adjusted net income increased 38% to 27.4 billion yuan ($4.0 billion), or $1.56 per American depositary share (ADS), and also cleared the consensus forecast by $0.21.For the full year, Alibaba's revenue and adjusted earnings per ADS grew 2% and 4%, respectively. Should investors buy Alibaba's stock, which has plummeted more than 70% from its all-time high in October 2020, as a value play on China's COVID-19 recovery? Or will this bellwether of the Chinese tech sector remain out of favor for the foreseeable future?Image source: Alibaba.Why did the bulls retreat from Alibaba stock?Alibaba's downfall was caused by regulatory, competitive, and macro headwinds. In September 2021, China's antitrust regulators hit Alibaba with a record $2.8 billion fine, forced it to end its exclusive deals with merchants and aggressive promotions, and closely scrutinized its previous and planned investments. Those penalties eroded Alibaba's defenses against JD.com, Pinduoduo, and other e-commerce marketplaces across China.On the macro front, China's economic slowdown and intermittent COVID lockdowns broadly curbed consumer spending. Those headwinds also forced companies to rein in their spending on Alibaba's cloud services. Its cloud business also suffered a major setback in 2021 when ByteDance, bowing to overseas pressure, moved the data of TikTok's overseas users from Alibaba Cloud to Oracle's cloud servers.In fiscal 2023, Alibaba generated 67% of its revenue from its China Commerce segment, which houses Tmall, Taobao, and its brick-and-mortar stores. Another 9% came from Alibaba Cloud, which remains the largest cloud platform in China. Here's how these two core businesses fared over the past two years.SegmentFY 2022FY 2023China Commerce Revenue Growth18%(1%)Cloud Revenue Growth23%4%Total Revenue Growth19%2%Data source: Alibaba.That slowdown drove a lot of investors away from Alibaba. But on the bright side, Alibaba's operating margin expanded from 8% in fiscal 2022 to 12% in fiscal 2023, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin increased from 19% to 20%. That expansion was driven by about 19,000 layoffs throughout calendar 2022, as well as other aggressive cost-cutting measures.What are Alibaba's plans for the future?Back in March, Alibaba revealed its plans for the future by splitting its business into six new groups: Cloud Intelligence, Taobao Tmall Commerce, Local Services, Cainiao Smart Logistics, Global Digital Commerce, and the Digital Media and Entertainment Group. All six groups will be led by different CEOs, and most of them will either pursue fresh funding or IPOs.Alibaba provided an update to that plan with its fourth-quarter report. It will spin off its entire cloud division in an IPO, and it will distribute those shares to its current shareholders as a special dividend. It also plans to pursue external financing for its global e-commerce division (which includes its overseas and cross-border marketplaces) while exploring potential IPOs for Cainiao Smart Logistics and the grocery division of its Taobao Tmall Commerce Group.But that doesn't mean Alibaba is splitting itself up. Alibaba will still hold majority stakes in all of those groups, even if they are spun off into publicly traded companies. The restructuring strategy will merely free up its business groups to pursue more external financing -- which should alleviate some pressure from Alibaba's own balance sheet -- and make their own decisions without fretting over how they might impact Alibaba's other divisions.For example, Alibaba generated all of its operating profits from its China Commerce division in fiscal 2023. All of its other businesses posted operating losses, which puts a lot of pressure on Alibaba to subsidize its unprofitable businesses with its higher-margin commerce revenues. Spinning off its less-profitable divisions could gradually resolve that issue.Is Alibaba too cheap to ignore?Alibaba didn't provide any exact guidance for fiscal 2024, but its growth could accelerate again as China's economy finally experiences its post-COVID recovery. The spinoff of Alibaba Cloud could also generate fresh cash and boost its profits.Analysts believe Alibaba's revenue and adjusted EBITDA will grow 10% and 9%, respectively, in fiscal 2024. Based on those estimates, which we should take with a grain of salt, Alibaba's stock seems cheap at two times this year's sales and 10 times its adjusted EBITDA. However, it could remain out of favor until its revenue growth accelerates again and the delisting threats for U.S.-listed Chinese stocks are resolved. Alibaba is worth keeping an eye on, but it's not a screaming bargain yet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970116955,"gmtCreate":1684150254177,"gmtModify":1684151098572,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"So bushy want to buy @2.5?","listText":"So bushy want to buy @2.5?","text":"So bushy want to buy @2.5?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970116955","repostId":"1167853068","repostType":2,"repost":{"id":"1167853068","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":1684149910,"share":"https://ttm.financial/m/news/1167853068?lang=&edition=fundamental","pubTime":"2023-05-15 19:25","market":"us","language":"en","title":"SoFi Shares Drop After Wedbush Downgraded SoFi to Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=1167853068","media":"Tiger Newspress","summary":"In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with","content":"<html><head></head><body><p>In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with a price target of $2.50. The company’s shares closed last Friday at $5.02.</p><p>SoFi shares dropped 5% in premarket trading Monday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/386142242056f99c0d80b1e7be34556f\" tg-width=\"825\" tg-height=\"619\"/></p><p></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>SoFi Shares Drop After Wedbush Downgraded SoFi to Sell</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\">\nSoFi Shares Drop After Wedbush Downgraded SoFi to Sell\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\">2023-05-15 19:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with a price target of $2.50. The company’s shares closed last Friday at $5.02.</p><p>SoFi shares dropped 5% in premarket trading Monday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/386142242056f99c0d80b1e7be34556f\" tg-width=\"825\" tg-height=\"619\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167853068","content_text":"In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with a price target of $2.50. The company’s shares closed last Friday at $5.02.SoFi shares dropped 5% in premarket trading Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944833151,"gmtCreate":1681777248773,"gmtModify":1681782347815,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Hello, u want my amc shares? Can, @$88","listText":"Hello, u want my amc shares? Can, @$88","text":"Hello, u want my amc shares? Can, @$88","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944833151","repostId":"1139316836","repostType":4,"repost":{"id":"1139316836","kind":"news","pubTimestamp":1681775627,"share":"https://ttm.financial/m/news/1139316836?lang=&edition=fundamental","pubTime":"2023-04-18 07:53","market":"us","language":"en","title":"Why Selling Your AMC Stock Is the Best Move You Can Make Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1139316836","media":"InvestorPlace","summary":"AMC Entertainment (AMC) touted its recent, impressive box-office receipts.However, AMC Entertainment","content":"<html><head></head><body><ul><li><p><strong>AMC Entertainment </strong>(<strong><u>AMC</u></strong>) touted its recent, impressive box-office receipts.</p></li><li><p>However, AMC Entertainment’s enormous debt load and strong drive to issue more shares are causes for concern.</p></li><li><p>Investors should completely avoid AMC stock.</p></li></ul><p>There’s a “good news, bad news” situation with global movie-theater chain <strong>AMC Entertainment </strong>(NYSE: <strong><u>AMC</u></strong>). The good news is that AMC Entertainment recently reported a heavy influx of moviegoers. On the other hand, the company’s financial situation is far from ideal, and AMC Entertainment is working hard to increase the number of AMC stock shares.</p><p style=\"text-align: start;\">AMC Entertainment has famously been a short-squeeze target of meme-stock traders. However, serious investors should consider the company’s fundamentals. Ask yourself: Will AMC Entertainment just create more shares, or will the company actually deliver value to the shareholders?</p><p style=\"text-align: start;\">It’s a tough call, but investors need to consider these issues before jumping into a hasty trade. So, let’s start off with AMC Entertainment’s proud announcement concerning the company’s box office receipts.</p><h2 style=\"text-align: start;\">AMC Entertainment Has a Great Weekend</h2><p style=\"text-align: start;\">Without a doubt, AMC stockholders are glad to hear any positive news. So, they should be happy to hear that AMC Entertainment had its third-busiest weekend at the company’s U.S. locations since December 2019.</p><p style=\"text-align: start;\">Over 3.6 million moviegoers visited an AMC location in the U.S. during the weekend that ended April 9. Furthermore, AMC Entertainment recorded its highest day of revenue in the U.S. since the company reopened its theaters in 2020.</p><p style=\"text-align: start;\">These impressive results shouldn’t distract AMC stock traders from the company’s financial problems, however. One great weekend doesn’t wipe away AMC Entertainment’s enormous debt load. At the end of last year, AMC Entertainment’s “total aggregate principal amount of its debt” was around $4.95 billion.</p><p style=\"text-align: start;\">Moreover, the company (which is still unprofitable, by the way) is clearly unafraid to increase its debt burden. As evidence of this, AMC Entertainment enacted a private offering of $400 million worth of senior secured notes during 2022’s fourth quarter. The company will have to repay that debt at an interest rate of 12.75%.</p><h2 style=\"text-align: start;\">AMC Stock Dilution Concerns Persist</h2><p style=\"text-align: start;\">AMC Entertainment’s strong box office weekend also shouldn’t distract prospective investors from ongoing share dilution concerns. Interestingly, the company’s shareholders voted overwhelmingly to increase the number of AMC stock shares.</p><p style=\"text-align: start;\">Here’s the breakdown. Reportedly, 87% of AMC Entertainment’s shareholders voted in favor of combining AMC common shares and <strong>AMC Preferred Equity Units </strong>(NYSE: <strong><u>APE</u></strong>). In addition, 88% of the company’s shareholders voted in favor of “significantly increasing the capacity to issue additional common shares.”</p><p style=\"text-align: start;\">To justify these measures, AMC Entertainment stated, “If implemented, AMC should have an ability to raise a significant amount of equity capital in the months and years ahead.” That may be true, but prospective investors should consider the dilutive impact of increasing the number of AMC shares in circulation.</p><p style=\"text-align: start;\">Meanwhile, there’s a legal soap opera afoot as AMC Entertainment settled a lawsuit in the company’s quest to convert APE shares to AMC common stock. However, a U.S. court reportedly denied AMC Entertainment’s “request to lift a status quo order,” which would have allowed a faster conversion of the company’s preferred stock into common shares.</p><h2 style=\"text-align: start;\">So, What’s the Best Move to Make Now With AMC Stock?</h2><p style=\"text-align: start;\">It looks like AMC Entertainment is stubbornly determined to raise capital by any means. If this includes adding to the company’s sizable debt load and increasing the common share count, so be it.</p><p style=\"text-align: start;\">These measures could have unfortunate long-term consequences for AMC Entertainment and its shareholders. Really, the best move to make now is to sell AMC stock if you own it. And if you don’t own the stock, you can just avoid it altogether. It’s better to grab some popcorn and watch this strange story unfold from the sidelines.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Selling Your AMC Stock Is the Best Move You Can Make Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Selling Your AMC Stock Is the Best Move You Can Make Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-18 07:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/04/why-selling-your-amc-stock-is-the-best-move-you-can-make-now/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment (AMC) touted its recent, impressive box-office receipts.However, AMC Entertainment’s enormous debt load and strong drive to issue more shares are causes for concern.Investors should ...</p>\n\n<a href=\"https://investorplace.com/2023/04/why-selling-your-amc-stock-is-the-best-move-you-can-make-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","APE":"AMC Entertainment Preferred"},"source_url":"https://investorplace.com/2023/04/why-selling-your-amc-stock-is-the-best-move-you-can-make-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139316836","content_text":"AMC Entertainment (AMC) touted its recent, impressive box-office receipts.However, AMC Entertainment’s enormous debt load and strong drive to issue more shares are causes for concern.Investors should completely avoid AMC stock.There’s a “good news, bad news” situation with global movie-theater chain AMC Entertainment (NYSE: AMC). The good news is that AMC Entertainment recently reported a heavy influx of moviegoers. On the other hand, the company’s financial situation is far from ideal, and AMC Entertainment is working hard to increase the number of AMC stock shares.AMC Entertainment has famously been a short-squeeze target of meme-stock traders. However, serious investors should consider the company’s fundamentals. Ask yourself: Will AMC Entertainment just create more shares, or will the company actually deliver value to the shareholders?It’s a tough call, but investors need to consider these issues before jumping into a hasty trade. So, let’s start off with AMC Entertainment’s proud announcement concerning the company’s box office receipts.AMC Entertainment Has a Great WeekendWithout a doubt, AMC stockholders are glad to hear any positive news. So, they should be happy to hear that AMC Entertainment had its third-busiest weekend at the company’s U.S. locations since December 2019.Over 3.6 million moviegoers visited an AMC location in the U.S. during the weekend that ended April 9. Furthermore, AMC Entertainment recorded its highest day of revenue in the U.S. since the company reopened its theaters in 2020.These impressive results shouldn’t distract AMC stock traders from the company’s financial problems, however. One great weekend doesn’t wipe away AMC Entertainment’s enormous debt load. At the end of last year, AMC Entertainment’s “total aggregate principal amount of its debt” was around $4.95 billion.Moreover, the company (which is still unprofitable, by the way) is clearly unafraid to increase its debt burden. As evidence of this, AMC Entertainment enacted a private offering of $400 million worth of senior secured notes during 2022’s fourth quarter. The company will have to repay that debt at an interest rate of 12.75%.AMC Stock Dilution Concerns PersistAMC Entertainment’s strong box office weekend also shouldn’t distract prospective investors from ongoing share dilution concerns. Interestingly, the company’s shareholders voted overwhelmingly to increase the number of AMC stock shares.Here’s the breakdown. Reportedly, 87% of AMC Entertainment’s shareholders voted in favor of combining AMC common shares and AMC Preferred Equity Units (NYSE: APE). In addition, 88% of the company’s shareholders voted in favor of “significantly increasing the capacity to issue additional common shares.”To justify these measures, AMC Entertainment stated, “If implemented, AMC should have an ability to raise a significant amount of equity capital in the months and years ahead.” That may be true, but prospective investors should consider the dilutive impact of increasing the number of AMC shares in circulation.Meanwhile, there’s a legal soap opera afoot as AMC Entertainment settled a lawsuit in the company’s quest to convert APE shares to AMC common stock. However, a U.S. court reportedly denied AMC Entertainment’s “request to lift a status quo order,” which would have allowed a faster conversion of the company’s preferred stock into common shares.So, What’s the Best Move to Make Now With AMC Stock?It looks like AMC Entertainment is stubbornly determined to raise capital by any means. If this includes adding to the company’s sizable debt load and increasing the common share count, so be it.These measures could have unfortunate long-term consequences for AMC Entertainment and its shareholders. Really, the best move to make now is to sell AMC stock if you own it. And if you don’t own the stock, you can just avoid it altogether. It’s better to grab some popcorn and watch this strange story unfold from the sidelines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944033953,"gmtCreate":1681616400572,"gmtModify":1681616404760,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"When US banks are stabilised, hot money will flow back but then again, analysts are predicting smaller banks may fail in coming days. Popcorn time","listText":"When US banks are stabilised, hot money will flow back but then again, analysts are predicting smaller banks may fail in coming days. Popcorn time","text":"When US banks are stabilised, hot money will flow back but then again, analysts are predicting smaller banks may fail in coming days. Popcorn time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944033953","repostId":"2327121986","repostType":2,"repost":{"id":"2327121986","kind":"highlight","pubTimestamp":1681529918,"share":"https://ttm.financial/m/news/2327121986?lang=&edition=fundamental","pubTime":"2023-04-15 11:38","market":"us","language":"en","title":"2 Risky Tech Stocks to Avoid","url":"https://stock-news.laohu8.com/highlight/detail?id=2327121986","media":"Motley Fool","summary":"Coinbase and Upstart stocks are down big, and both companies are facing major challenges.","content":"<html><head></head><body><p>Betting on a comeback for a beaten-down stock can be fun and lucrative if the company manages to turn things around. But stocks often go down for good reasons, and a recovery is far from a guarantee.</p><p>In the world of previously high-flying tech stocks, <strong>Coinbase</strong> and <strong>Upstart</strong> are particularly risky. Here&#39;s why investors should keep their distance from these struggling, money-losing tech stocks.</p><h2>Coinbase</h2><p>Cryptocurrency-exchange Coinbase succeeds only when irrational exuberance has drowned out common sense. The company was minting hefty profits during the pandemic-era cryptocurrency bubble. Today, not so much.</p><p>Prices of cryptocurrencies have plunged, trading activity has dropped off a cliff, and multiple frauds have collapsed. Coinbase&#39;s core business of charging transaction fees only makes sense when its customers have an expectation of turning a profit big enough to justify those fees. While cryptocurrency prices are still volatile, the easy-money era appears to be over.</p><p>Coinbase&#39;s revenue plunged 76% year over year in the fourth quarter of 2022. For the full year, the company posted a net loss of $2.6 billion on revenue of $3.1 billion. Coinbase hasn&#39;t even managed to keep its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in positive territory.</p><p>A significant source of Coinbase&#39;s non-fee revenue comes from interest income tied to the company&#39;s participation in the USDC (CRYPTO: USDC) ecosystem. USDC is a stablecoin pegged to the U.S. dollar, but it recently lost its peg to the dollar after the collapse of <strong>Silicon Valley Bank</strong>. The bottom line: It&#39;s hard to say how sustainable this source of revenue is for Coinbase.</p><p>Beyond the mounting business problems, Coinbase disclosed last month that it had received a &#34;Wells Notice&#34; from the U.S. Securities and Exchange Commission (SEC). This generally means that SEC staff has recommended the filing of an enforcement action alleging violations of federal securities laws, although nothing has yet been filed. Coinbase contends that nothing it offers should be considered securities, but the SEC may end up disagreeing.</p><p>It&#39;s not clear what the bull case for Coinbase is right now, short of another cryptocurrency bubble. Best to stay away, in my opinion.</p><h2>Upstart</h2><p>The pitch for Upstart&#39;s artificial-intelligence-powered lending platform is that it can determine the risk associated with a particular borrower more accurately than credit-score based models. The problem is that Upstart really only started facilitating meaningful loan volumes during the pandemic, which wasn&#39;t exactly a typical economic environment.</p><p>Upstart uses machine learning models, and machine learning needs plenty of data. The thing is, Upstart was only founded in 2012 and didn&#39;t really ramp up loan volumes until the pandemic. The data that Upstart&#39;s models are trained on encompass a tiny subset of potential economic environments. They lose their value in uncharted waters.</p><p>Upstart&#39;s loans started to greatly underperform expectations in 2021. The situation has been improving as the company factors in macroeconomic considerations, but loan volumes have fallen off a cliff. Upstart&#39;s revenue plunged 52% year over year in the fourth quarter of 2022, and loan volumes dropped 62%.</p><p>Upstart expects things to get worse this year. The company guided for first-quarter revenue of just $100 million, down from $147 million in the fourth quarter of 2022. Upstart has also kept a meaningful volume of loans on its own balance sheet, which exposes it directly to credit and interest-rate risks. It currently holds about $1 billion worth of loans.</p><p>Credit scores aren&#39;t perfect, and it&#39;s certainly possible that Upstart&#39;s AI models really do provide a better assessment of risk, especially now that improvements have been made to reflect the current economic environment. But Upstart is having serious trouble making and unloading loans, its cash is dwindling, debt is rising, and losses are growing.</p><p>A comeback is possible, but I&#39;m happy to sit this one out.</p></body></html>","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>2 Risky Tech Stocks to Avoid</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\">\n2 Risky Tech Stocks to Avoid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-15 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/14/2-risky-tech-stocks-to-avoid/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Betting on a comeback for a beaten-down stock can be fun and lucrative if the company manages to turn things around. But stocks often go down for good reasons, and a recovery is far from a guarantee....</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/14/2-risky-tech-stocks-to-avoid/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2023/04/14/2-risky-tech-stocks-to-avoid/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2327121986","content_text":"Betting on a comeback for a beaten-down stock can be fun and lucrative if the company manages to turn things around. But stocks often go down for good reasons, and a recovery is far from a guarantee.In the world of previously high-flying tech stocks, Coinbase and Upstart are particularly risky. Here's why investors should keep their distance from these struggling, money-losing tech stocks.CoinbaseCryptocurrency-exchange Coinbase succeeds only when irrational exuberance has drowned out common sense. The company was minting hefty profits during the pandemic-era cryptocurrency bubble. Today, not so much.Prices of cryptocurrencies have plunged, trading activity has dropped off a cliff, and multiple frauds have collapsed. Coinbase's core business of charging transaction fees only makes sense when its customers have an expectation of turning a profit big enough to justify those fees. While cryptocurrency prices are still volatile, the easy-money era appears to be over.Coinbase's revenue plunged 76% year over year in the fourth quarter of 2022. For the full year, the company posted a net loss of $2.6 billion on revenue of $3.1 billion. Coinbase hasn't even managed to keep its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in positive territory.A significant source of Coinbase's non-fee revenue comes from interest income tied to the company's participation in the USDC (CRYPTO: USDC) ecosystem. USDC is a stablecoin pegged to the U.S. dollar, but it recently lost its peg to the dollar after the collapse of Silicon Valley Bank. The bottom line: It's hard to say how sustainable this source of revenue is for Coinbase.Beyond the mounting business problems, Coinbase disclosed last month that it had received a \"Wells Notice\" from the U.S. Securities and Exchange Commission (SEC). This generally means that SEC staff has recommended the filing of an enforcement action alleging violations of federal securities laws, although nothing has yet been filed. Coinbase contends that nothing it offers should be considered securities, but the SEC may end up disagreeing.It's not clear what the bull case for Coinbase is right now, short of another cryptocurrency bubble. Best to stay away, in my opinion.UpstartThe pitch for Upstart's artificial-intelligence-powered lending platform is that it can determine the risk associated with a particular borrower more accurately than credit-score based models. The problem is that Upstart really only started facilitating meaningful loan volumes during the pandemic, which wasn't exactly a typical economic environment.Upstart uses machine learning models, and machine learning needs plenty of data. The thing is, Upstart was only founded in 2012 and didn't really ramp up loan volumes until the pandemic. The data that Upstart's models are trained on encompass a tiny subset of potential economic environments. They lose their value in uncharted waters.Upstart's loans started to greatly underperform expectations in 2021. The situation has been improving as the company factors in macroeconomic considerations, but loan volumes have fallen off a cliff. Upstart's revenue plunged 52% year over year in the fourth quarter of 2022, and loan volumes dropped 62%.Upstart expects things to get worse this year. The company guided for first-quarter revenue of just $100 million, down from $147 million in the fourth quarter of 2022. Upstart has also kept a meaningful volume of loans on its own balance sheet, which exposes it directly to credit and interest-rate risks. It currently holds about $1 billion worth of loans.Credit scores aren't perfect, and it's certainly possible that Upstart's AI models really do provide a better assessment of risk, especially now that improvements have been made to reflect the current economic environment. But Upstart is having serious trouble making and unloading loans, its cash is dwindling, debt is rising, and losses are growing.A comeback is possible, but I'm happy to sit this one out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023561389,"gmtCreate":1652931639641,"gmtModify":1676535191987,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Is this a fair comparison?","listText":"Is this a fair comparison?","text":"Is this a fair comparison?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023561389","repostId":"2236757950","repostType":2,"repost":{"id":"2236757950","kind":"news","pubTimestamp":1652924620,"share":"https://ttm.financial/m/news/2236757950?lang=&edition=fundamental","pubTime":"2022-05-19 09:43","market":"us","language":"en","title":"Better Buy: Palantir Technologies vs. Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2236757950","media":"Motley Fool","summary":"Which fallen growth stock is the better turnaround play?","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Palantir’s slowdown raises questions about its goal of generating more than 30% annual revenue growth through 2025.</li><li>Amazon’s e-commerce business faces tough macro headwinds in a post-lockdown world.</li><li>One of these stocks is still more speculative than the other.</li></ul><p><b>Palantir</b> and <b>Amazon</b> both burned the bulls after their stocks hit all-time highs last year.</p><p>Palantir&#39;s stock started trading at $10 after the data-mining firm went public via a direct listing in September 2020. It soared to $39 last January amid the Reddit-fueled trading frenzy in &#34;meme stocks,&#34; but it now trades at about $8. Amazon&#39;s stock closed at an all-time high of $3,731.41 last July, but it subsequently tumbled to about $2,200 as investors fretted over its slowing e-commerce growth and rising expenses.</p><p>Is either beaten-down tech stock worth buying as rising interest rates and other macro challenges challenge the entire sector?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96ad4f9775ea128f423bb9a82ae26d3c\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>Palantir is losing its momentum</b></p><p>Palantir&#39;s data mining and analytics tools help government and commercial customers make informed decisions. Its government business, which aims to become the &#34;default operating system for data across the U.S. government,&#34; has traditionally grown faster than its commercial business.</p><p>But over the past three quarters, its commercial business has grown at a faster rate than its government business. That slowdown raises troubling questions about brewing competition from other data mining platforms and internally developed alternatives within the U.S. government.</p><p>Palantir&#39;s revenue rose 47% to $1.09 billion in 2020 and grew 41% to $1.54 billion in 2021.</p><p>It insists it will generate at least 30% annual revenue growth through 2025, but it&#39;s off to a rough start this year: Its revenue rose 31% in the first quarter, but it expects just 25% growth in the second quarter. It believes its growth will improve in the second half of the year as it secures more &#34;anticipated&#34; contracts, but analysts expect just 29% growth this year.</p><p>Palantir&#39;s adjusted gross and operating margins also fell both sequentially and year over year in the first quarter of 2022. For the full year, it expects its adjusted operating margin to decline about four percentage points to 27% as it ramps up its investments &#34;in advance&#34; of future contracts. It isn&#39;t profitable on a generally accepted accounting principles (GAAP) basis yet, but analysts expect its non-GAAP EPS to improve 23% this year.</p><p>Palantir&#39;s business is still expanding, but its slowing growth, shrinking margins, and lack of GAAP profits made it an unappealing investment as the macro headwinds drove investors away from riskier growth plays.</p><p><b>Amazon faces tough post-pandemic challenges</b></p><p>Amazon generates most of its revenue from its e-commerce marketplaces, but most of its profits come from Amazon Web Services (AWS), the largest cloud infrastructure platform in the world. Both of these businesses fired on all cylinders throughout the pandemic, as more people shopped online and companies ramped up their spending on cloud-based services.</p><p>But as the lockdown measures were relaxed, Amazon&#39;s e-commerce growth decelerated while its expenses surged amid rising fuel costs, supply chain challenges, and other inflationary headwinds. It invested in the electric truck maker <b>Rivian</b> to offset those long-term costs, but that poorly timed investment resulted in a pre-tax loss of $7.6 billion (compared to its total net loss of $3.8 billion) last quarter.</p><p>That staggering loss tarnished the bullish thesis that Amazon could consistently subsidize its lower-margin retail business with AWS&#39; higher-margin revenue. AWS is still the market leader and generating more than 30% revenue growth each quarter, but this core profit engine could struggle to offset the losses of Amazon&#39;s other businesses later this year.</p><p>Amazon&#39;s revenue rose 38% to $386 billion in 2020 and grew 22% to $470 billion in 2021. Its EPS increased 82% in 2020, even as it incurred billions of dollars of COVID-19-related expenses, and grew 55% in 2021. But this year, analysts expect its revenue to grow a mere 12% as its EPS tumbles 75%.</p><p>Just like Palantir, Amazon&#39;s toxic mix of slowing growth and rising expenses made it a difficult stock to own.</p><p><b>But Amazon has a better shot at a recovery</b></p><p>Palantir&#39;s stock trades at 43 times forward earnings and nine times this year&#39;s sales. It still isn&#39;t cheap relative to similar growth stocks like <b>Twilio</b>, which aims to generate more than 30% organic revenue growth through 2024 but trades at just five times this year&#39;s sales.</p><p>Amazon trades at 42 times forward earnings and two times this year&#39;s sales. That&#39;s a high price-to-earnings ratio for a traditional retailer but a low price-to-sales ratio for an e-commerce or cloud infrastructure company. Those mixed valuations should limit its downside potential, but Amazon&#39;s stock probably won&#39;t rally until its e-commerce business stabilizes.</p><p>I wouldn&#39;t rush to buy either of these stocks right now. But if I had to choose one over the other, I&#39;d definitely stick with Amazon because it&#39;s larger, better diversified, and more profitable. Palantir&#39;s future is still highly speculative, and its recent slowdown suggests that its long-term target of at least 30% revenue growth through 2025 might be too ambitious.</p><p></p></body></html>","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: Palantir Technologies vs. Amazon</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: Palantir Technologies vs. Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-19 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/18/better-buy-palantir-technologies-vs-amazon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSPalantir’s slowdown raises questions about its goal of generating more than 30% annual revenue growth through 2025.Amazon’s e-commerce business faces tough macro headwinds in a post-lockdown...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/18/better-buy-palantir-technologies-vs-amazon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2022/05/18/better-buy-palantir-technologies-vs-amazon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236757950","content_text":"KEY POINTSPalantir’s slowdown raises questions about its goal of generating more than 30% annual revenue growth through 2025.Amazon’s e-commerce business faces tough macro headwinds in a post-lockdown world.One of these stocks is still more speculative than the other.Palantir and Amazon both burned the bulls after their stocks hit all-time highs last year.Palantir's stock started trading at $10 after the data-mining firm went public via a direct listing in September 2020. It soared to $39 last January amid the Reddit-fueled trading frenzy in \"meme stocks,\" but it now trades at about $8. Amazon's stock closed at an all-time high of $3,731.41 last July, but it subsequently tumbled to about $2,200 as investors fretted over its slowing e-commerce growth and rising expenses.Is either beaten-down tech stock worth buying as rising interest rates and other macro challenges challenge the entire sector?IMAGE SOURCE: GETTY IMAGES.Palantir is losing its momentumPalantir's data mining and analytics tools help government and commercial customers make informed decisions. Its government business, which aims to become the \"default operating system for data across the U.S. government,\" has traditionally grown faster than its commercial business.But over the past three quarters, its commercial business has grown at a faster rate than its government business. That slowdown raises troubling questions about brewing competition from other data mining platforms and internally developed alternatives within the U.S. government.Palantir's revenue rose 47% to $1.09 billion in 2020 and grew 41% to $1.54 billion in 2021.It insists it will generate at least 30% annual revenue growth through 2025, but it's off to a rough start this year: Its revenue rose 31% in the first quarter, but it expects just 25% growth in the second quarter. It believes its growth will improve in the second half of the year as it secures more \"anticipated\" contracts, but analysts expect just 29% growth this year.Palantir's adjusted gross and operating margins also fell both sequentially and year over year in the first quarter of 2022. For the full year, it expects its adjusted operating margin to decline about four percentage points to 27% as it ramps up its investments \"in advance\" of future contracts. It isn't profitable on a generally accepted accounting principles (GAAP) basis yet, but analysts expect its non-GAAP EPS to improve 23% this year.Palantir's business is still expanding, but its slowing growth, shrinking margins, and lack of GAAP profits made it an unappealing investment as the macro headwinds drove investors away from riskier growth plays.Amazon faces tough post-pandemic challengesAmazon generates most of its revenue from its e-commerce marketplaces, but most of its profits come from Amazon Web Services (AWS), the largest cloud infrastructure platform in the world. Both of these businesses fired on all cylinders throughout the pandemic, as more people shopped online and companies ramped up their spending on cloud-based services.But as the lockdown measures were relaxed, Amazon's e-commerce growth decelerated while its expenses surged amid rising fuel costs, supply chain challenges, and other inflationary headwinds. It invested in the electric truck maker Rivian to offset those long-term costs, but that poorly timed investment resulted in a pre-tax loss of $7.6 billion (compared to its total net loss of $3.8 billion) last quarter.That staggering loss tarnished the bullish thesis that Amazon could consistently subsidize its lower-margin retail business with AWS' higher-margin revenue. AWS is still the market leader and generating more than 30% revenue growth each quarter, but this core profit engine could struggle to offset the losses of Amazon's other businesses later this year.Amazon's revenue rose 38% to $386 billion in 2020 and grew 22% to $470 billion in 2021. Its EPS increased 82% in 2020, even as it incurred billions of dollars of COVID-19-related expenses, and grew 55% in 2021. But this year, analysts expect its revenue to grow a mere 12% as its EPS tumbles 75%.Just like Palantir, Amazon's toxic mix of slowing growth and rising expenses made it a difficult stock to own.But Amazon has a better shot at a recoveryPalantir's stock trades at 43 times forward earnings and nine times this year's sales. It still isn't cheap relative to similar growth stocks like Twilio, which aims to generate more than 30% organic revenue growth through 2024 but trades at just five times this year's sales.Amazon trades at 42 times forward earnings and two times this year's sales. That's a high price-to-earnings ratio for a traditional retailer but a low price-to-sales ratio for an e-commerce or cloud infrastructure company. Those mixed valuations should limit its downside potential, but Amazon's stock probably won't rally until its e-commerce business stabilizes.I wouldn't rush to buy either of these stocks right now. But if I had to choose one over the other, I'd definitely stick with Amazon because it's larger, better diversified, and more profitable. Palantir's future is still highly speculative, and its recent slowdown suggests that its long-term target of at least 30% revenue growth through 2025 might be too ambitious.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987672906,"gmtCreate":1667907602205,"gmtModify":1676537982790,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Which counter is not affected by macro environment now?","listText":"Which counter is not affected by macro environment now?","text":"Which counter is not affected by macro environment now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987672906","repostId":"1168988955","repostType":4,"repost":{"id":"1168988955","kind":"news","pubTimestamp":1667906367,"share":"https://ttm.financial/m/news/1168988955?lang=&edition=fundamental","pubTime":"2022-11-08 19:19","market":"us","language":"en","title":"Stay Away From Hard-Hit Google Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1168988955","media":"InvestorPlace","summary":"Trading for around 17.2 times earnings, on paper, Alphabet(GOOG, GOOGL) appears undervalued and over","content":"<html><head></head><body><ul><li>Trading for around 17.2 times earnings, on paper, <b>Alphabet</b>(<b><u>GOOG</u></b>, <b><u>GOOGL</u></b>) appears undervalued and oversold.</li><li>However, macro and company-specific challenges could continue to put pressure on the <b>Google</b> and <b>YouTube</b> parent’s shares.</li><li>While it may not be the time to sell, now’s not the time to enter or add to a position in GOOG stock.</li></ul><p>If you’re on the prowl for bargains among major tech stocks, you may be mulling making <b>Alphabet</b>(NASDAQ: <b><u>GOOG</u></b>, NASDAQ: <b><u>GOOGL</u></b>) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other major<b>Nasdaq</b>components.</p><p>With this large drop, shares in the tech giant, which is the parent company of <b>Google</b> and <b>YouTube</b>, have fallen to what appears to be a “cheap” valuation. It currently trades at a low price-to-earnings ratio, relative to its average multiple over the past decade.</p><p>Yet before diving in, you may want to reconsider. While “cheap on paper,” this mega-cap tech stock could continue to tumble, as market-related factors, as well as factors specific to the company, continue to apply pressure.</p><p>This calls into question whether now is the time to bottom fish in Alphabet stock.</p><p><b>Why GOOG Stock Isn’t Cheap</b></p><p>Currently, Alphabet shares trade for around17.2times earnings. Given that this stock regularly traded for between 25 and 30 times earnings during the 2010s, and during the 2020/2021 runaway bull market, it may seem odd why shares at present are so cheap.</p><p>But given recent macroeconomic changes, and their impact on both the valuation of GOOG stock, as well as the company’s underlying operating performance, it’s not a big mystery. As you likely know, the Federal Reserve’s raising of interest rates, in response to the big inflation spike, has put considerable pressure on tech and growth stock valuations.</p><p>Tech/growth stocks are typically priced based more on future potential than current results. In the past year, with interest rates soaring from near-zero, to levels last seen in the late 2000s, the present value of expected future cash flows for tech/growth has reversed in a big way, hence the severe multiple compression.</p><p>That’s not all. Rising rates have also started to affect the operating performance of tech companies, GOOG included (more below). With all this in mind, Alphabet’s sharp sell-off was justified. If that’s not discouraging enough, the above-listed factors stand to continue affecting the stock’s performance.</p><p><b>Why You Shouldn’t Buy Now</b></p><p>If GOOG stock looks cheap compared to current results, it’s even cheaper relative to future estimates. Per analyst forecasts, Alphabet’s earnings per share (or EPS) are expected to bounce back to$5.35in 2023, and $6.26 in 2024.</p><p>However, don’t assume this forecast signals a return to triple-digit prices for Alphabet shares is just around the corner. For starters, if you’re looking to bet on a 2024 comeback, the factors mentioned above point to GOOG’s stock price continuing to drop before a comeback starts to happen.</p><p>Furthermore, it’s debatable whether a 2023/2024 recovery will play out. On Oct. 25, Alphabet reported dismal numbers for the third quarter of 2022. Revenue growth decelerated sharply, falling from 41% in Q3 2021, to only 6% in Q3 2022. EPS dropped by nearly 25%. Both figures fell short of expectations.</p><p>If Alphabet’s performance has taken this big of a hit in a mere economic slowdown, how it fares in a recession could be far worse than presently expected. Instead of EPS getting back near the high-water mark set in 2021 ($5.61), GOOG’s profitability could decline again in 2023, and only start to bounce back in 2024.</p><p><b>The Best Move Today With GOOG Stock</b></p><p>It’s hard to anticipate when exactly Alphabet stock is going to get out of its slump. A lot hinges on the Fed’s moves with interest rates in 2023. If high inflation persists, prompting the Fed not to lower rates, next year, it will be difficult for GOOG to rise back up to a higher forward multiple.</p><p>If rates remain high, the resultant impact on economic activity could hurt the performance of Alphabet’s digital advertising business (its bread-and-butter), as well as the performance of its faster-growing Google Cloud cloud computing unit.</p><p>For now, it’s best to assume that shares will continue to languish, with even a partial recovery taking longer than expected to take shape. That’s not to say you should consider GOOG stock a growth stock to sell, but now’s not the time to enter or add to a position.</p><p>GOOG stock earns a D rating in <i>Portfolio Grader</i>.</p></body></html>","source":"investorplace","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>Stay Away From Hard-Hit Google Stock</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\">\nStay Away From Hard-Hit Google Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-08 19:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2022/11/stay-away-from-hard-hit-goog-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trading for around 17.2 times earnings, on paper, Alphabet(GOOG, GOOGL) appears undervalued and oversold.However, macro and company-specific challenges could continue to put pressure on the Google and...</p>\n\n<a href=\"https://investorplace.com/market360/2022/11/stay-away-from-hard-hit-goog-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://investorplace.com/market360/2022/11/stay-away-from-hard-hit-goog-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168988955","content_text":"Trading for around 17.2 times earnings, on paper, Alphabet(GOOG, GOOGL) appears undervalued and oversold.However, macro and company-specific challenges could continue to put pressure on the Google and YouTube parent’s shares.While it may not be the time to sell, now’s not the time to enter or add to a position in GOOG stock.If you’re on the prowl for bargains among major tech stocks, you may be mulling making Alphabet(NASDAQ: GOOG, NASDAQ: GOOGL) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other majorNasdaqcomponents.With this large drop, shares in the tech giant, which is the parent company of Google and YouTube, have fallen to what appears to be a “cheap” valuation. It currently trades at a low price-to-earnings ratio, relative to its average multiple over the past decade.Yet before diving in, you may want to reconsider. While “cheap on paper,” this mega-cap tech stock could continue to tumble, as market-related factors, as well as factors specific to the company, continue to apply pressure.This calls into question whether now is the time to bottom fish in Alphabet stock.Why GOOG Stock Isn’t CheapCurrently, Alphabet shares trade for around17.2times earnings. Given that this stock regularly traded for between 25 and 30 times earnings during the 2010s, and during the 2020/2021 runaway bull market, it may seem odd why shares at present are so cheap.But given recent macroeconomic changes, and their impact on both the valuation of GOOG stock, as well as the company’s underlying operating performance, it’s not a big mystery. As you likely know, the Federal Reserve’s raising of interest rates, in response to the big inflation spike, has put considerable pressure on tech and growth stock valuations.Tech/growth stocks are typically priced based more on future potential than current results. In the past year, with interest rates soaring from near-zero, to levels last seen in the late 2000s, the present value of expected future cash flows for tech/growth has reversed in a big way, hence the severe multiple compression.That’s not all. Rising rates have also started to affect the operating performance of tech companies, GOOG included (more below). With all this in mind, Alphabet’s sharp sell-off was justified. If that’s not discouraging enough, the above-listed factors stand to continue affecting the stock’s performance.Why You Shouldn’t Buy NowIf GOOG stock looks cheap compared to current results, it’s even cheaper relative to future estimates. Per analyst forecasts, Alphabet’s earnings per share (or EPS) are expected to bounce back to$5.35in 2023, and $6.26 in 2024.However, don’t assume this forecast signals a return to triple-digit prices for Alphabet shares is just around the corner. For starters, if you’re looking to bet on a 2024 comeback, the factors mentioned above point to GOOG’s stock price continuing to drop before a comeback starts to happen.Furthermore, it’s debatable whether a 2023/2024 recovery will play out. On Oct. 25, Alphabet reported dismal numbers for the third quarter of 2022. Revenue growth decelerated sharply, falling from 41% in Q3 2021, to only 6% in Q3 2022. EPS dropped by nearly 25%. Both figures fell short of expectations.If Alphabet’s performance has taken this big of a hit in a mere economic slowdown, how it fares in a recession could be far worse than presently expected. Instead of EPS getting back near the high-water mark set in 2021 ($5.61), GOOG’s profitability could decline again in 2023, and only start to bounce back in 2024.The Best Move Today With GOOG StockIt’s hard to anticipate when exactly Alphabet stock is going to get out of its slump. A lot hinges on the Fed’s moves with interest rates in 2023. If high inflation persists, prompting the Fed not to lower rates, next year, it will be difficult for GOOG to rise back up to a higher forward multiple.If rates remain high, the resultant impact on economic activity could hurt the performance of Alphabet’s digital advertising business (its bread-and-butter), as well as the performance of its faster-growing Google Cloud cloud computing unit.For now, it’s best to assume that shares will continue to languish, with even a partial recovery taking longer than expected to take shape. That’s not to say you should consider GOOG stock a growth stock to sell, but now’s not the time to enter or add to a position.GOOG stock earns a D rating in Portfolio Grader.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985767930,"gmtCreate":1667467878020,"gmtModify":1676537923129,"author":{"id":"3576870128730279","authorId":"3576870128730279","name":"Stevenhuat","avatar":"https://static.tigerbbs.com/9163f44563e6ca69553ecd9f2341e508","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576870128730279","authorIdStr":"3576870128730279"},"themes":[],"htmlText":"Not comfortable how the funds could be deployed freely for metaverse dream","listText":"Not comfortable how the funds could be deployed freely for metaverse dream","text":"Not comfortable how the funds could be deployed freely for metaverse dream","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985767930","repostId":"1113649059","repostType":4,"repost":{"id":"1113649059","kind":"news","pubTimestamp":1667456462,"share":"https://ttm.financial/m/news/1113649059?lang=&edition=fundamental","pubTime":"2022-11-03 14:21","market":"us","language":"en","title":"Meta Platforms: Once In A Lifetime Buying Opportunity?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113649059","media":"seeking alpha","summary":"SummaryMeta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share decl","content":"<html><head></head><body><h2>Summary</h2><ul><li>Meta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share declined.</li><li>While the company is clearly struggling, the underlying business is still growing, with the number of DAUs increasing and monetization of reels making progress.</li><li>Investors are scared by Zuckerberg&#39;s vision of the Metaverse and the necessary spendings and ignore the underlying, solid business.</li><li>Meta Platforms is deeply undervalued and a great buying opportunity.</li></ul><p><img src=\"https://static.tigerbbs.com/6f02a96342a01b6562b28beddadc0f69\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The pessimism surrounding Meta Platforms, Inc. (NASDAQ:META) is astonishing but certainly not unprecedented. The performance of the stock is reminding of several technology companies during the Dotcom crash and recently several technology companies – including the Chinese counterpart Tencent Holdings (OTCPK:TCEHY,OTCPK:TCTZF) – performed similar. So far, Meta Platforms has lost 75% of its value and turned from a company that was briefly worth above $1 trillion (and among the top companies in the world by market cap) to a $250 billion company ranging only on the 33rdspot on the list of themost valuable companiesin the world.</p><p><img src=\"https://static.tigerbbs.com/149e1f6c0f1b06f4bd721a865db34fac\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>When reading comments – including comments on Seeking Alpha – I seldom see analysis and logic but just expressions of hate for Mark Zuckerberg, using the word “woke” countless times and talking about “Karma.” And while this is obviously no analysis, it is an expression for the sentiment surrounding Meta Platforms. In such a sentiment-driven environment, decisions are often lacking the necessary objectivity to make good investment– which might explain why the stock is trading below $100 and close to the point of maximum pessimism.</p><h2><b>Declining Profitability</b></h2><p>Of course, fundamentals also justify the stock to go lower from its previous all-time highs of $380. And one fundamental problem is the declining profitability for Meta Platforms in the last few quarters. In Q3/22, the company had to report huge declines for the bottom line once again. Diluted earnings per share declined from $3.22 in the same quarter last year to $1.64 this quarter. And when looking at the results for the first nine months, EPS declined from $10.11 in the same timeframe last year to $6.82 this year.</p><p><img src=\"https://static.tigerbbs.com/857f2d072c54ddaffb7f3a2686bbd0fb\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Q3/22 Earnings Release</p><p>When looking for the reasons, we can mention several aspects. Although playing only a small role, interest payments of $88 million had a negative effect (due to the company’s $10 billion in long-term debt). Cost of revenue declined about 1% to $5,716 million, but the operating expenses increased dramatically. General and administrative expenses increased 14.9% year-over-year to $3,384 million, and research and development expenses increased 45.2% YoY to $9,170 million. And the result was operating income cut in half from $10,423 million in Q3/21 to $5,664 million this quarter.</p><h2><b>Top Line Growth Slowing Down</b></h2><p>But not only increased costs had a negative effect. Revenue also declined from $29,010 million in Q3/21 to $27,714 million in Q3/22 – resulting in 4.5% decline YoY. Management was pointing out, that on a constant currency basis revenue increased 2% year-over-year. We can also look at the different regions and different segments and see mixed trends. Dave Wehner gave detailsduring the last earnings call:</p><blockquote>The healthcare and travel verticals were the largest positive contributors to growth in Q3. However, this was offset by continued softness in other verticals, including online commerce, gaming, financial services and CPG. On an advertiser size basis, revenue growth from large advertisers remains challenged, while we have seen more resilience among smaller advertisers. Foreign currency was a significant headwind to advertising revenue growth in all international regions. On a user geography basis, year-over-year ad revenue growth was strongest in Asia-Pacific and rest of world at 6% and 3% respectively, with both regions continuing to benefit meaningfully from strong growth in click-to-messaging ads. North America and Europe declined 3% and 16% respectively.</blockquote><p>And during the last few quarters, growth clearly slowed down – when looking at the TTM numbers, revenue growth declined for four quarters in a row from 42.33% growth in September 2021 to only 5.15% right now.</p><p><img src=\"https://static.tigerbbs.com/a6f1dc184b6d72641ab76558dc000ef3\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms TTM numbers, year-over-year growth(Seeking Alpha)</p><h2><b>Problems, Problems, Problems?</b></h2><p>We should not ignore the problems Meta Platforms is clearly facing. Revenue growth is slowing down and, due to increasing costs (we will get to that), profitability is declining and earnings per share are crumbling. And the stock certainly deserved to decline in value, but a 75% decline was unjustified – especially as Meta Platforms was not so expensive to begin with (even more true when comparing to several other hyped stocks). When looking at the results in more detail, there are signs to be optimistic.</p><p><b><i>Small Signs of Growth</i></b></p><p>First, on a constant currency basis, revenue increased 2% year-over-year. This is still not great, but we should also not ignore the strong U.S. dollar being a headwind – for Meta Platforms as well as most other U.S. companies. And daily active users for the Family of Apps increased from 2.88 billion last quarter to 2.93 billion this quarter, and year-over-year the DAUs increased about 4%. And daily active users for Facebook also increased from 1,930 million in the same quarter last year to 1,984 million this quarter – resulting in 2.8% year-over-year growth.</p><p><img src=\"https://static.tigerbbs.com/99b9c09e1b3a13a76dc14da26b4f091c\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms Q3/22 Presentation</p><p>Of course, these are not impressive growth rates, but the company is still growing which is good news. During the earnings call, Dave Wehner stated:</p><blockquote>So on time spent, we are really pleased with what we’re seeing on engagement. And as Mark mentioned, Reels is incremental to time spent. Specifically, in terms of aggregate time spent on Instagram and Facebook, both are up year-over-year and in both the U.S. and globally.</blockquote><p>And while revenue stagnated, the total number of ad impressions served across the different apps increased 17%, which is a good sign for underlying growth. Growth was especially driven by Asia-Pacific and rest of world. On the other hand, the average price per ad decreased 18%, but the reasons might be temporary – like the shift to Reels.</p><p><b><i>Shift to Reels</i></b></p><p>Another reason for the top-line troubles is the move from Feed and Stories to Reels, as the monetization is still problematic. During the earnings call, Mark Zuckerberg commented:</p><blockquote>Moving to monetization, I’ve discussed in the past how the growth of short-form video creates near-term challenges since Reels doesn’t monetize at the rate of Feed or Stories yet. That means that as Reels grows, we are displacing revenue from higher monetizing surfaces. And I think this is clearly the right thing to do, so Reels can grow with the demand that we are seeing, but closing this gap is also a high priority. Even with the progress we have made, we are still choosing to take a more than $500 million quarterly revenue headwind with this shift, but we expect to get to a more neutral place over the next 10 – sort of 12 to 18 months. I mentioned last quarter that Instagram Reels had crossed a $1 billion annual revenue run-rate. We continue scaling monetization across both Instagram and Facebook and the combined run-rate across these apps is now $3 billion.</blockquote><p>And Reels is growing quickly and at a high pace. According to Zuckerberg, there are more than 140 billion Reels plays across Facebook and Instagram each day, which is a 50% increase from 6 months ago. And although this is not backed up by numbers, Zuckerberg believes that Meta is gaining time spent share on competitors like TikTok.</p><p>And the path for Reels monetization seems similar than the path towards monetization of Feeds or the switch to mobile. The company first had to focus on increasing engagement and growing demand for the products. Monetization efficiency followed in the next step. But Zuckerberg also admits it is hard to predict the monetization efficiency for Reels in advance.</p><p><b><i>New Ways of Monetization</i></b></p><p>Aside from trying to monetize Reels more efficiently, Meta Platforms is also seeing another major monetization opportunity in messaging. During the last earnings call, Mark Zuckerberg explained:</p><blockquote>Beyond Reels, messaging is another major monetization opportunity. Billions of people and millions of businesses use WhatsApp and Messenger everyday and we are confident that we can connect them in ways that create valuable experiences. We started with click-to-messaging ads which lets businesses run ads on Facebook and Instagram that start a thread on Messenger, WhatsApp or Instagram Direct, so they can communicate with customers directly. And this is one of our fastest growing ads products with a $9 billion annual run-rate.</blockquote><p>In theprevious earnings call, the company already pointed out the big potential it sees in messaging. Meta Platforms reported strong double-digit year-over-year growth rates, and these messages are particular popular with small and medium-sized businesses in emerging markets like Brazil and Mexico.</p><h2><b>Scary Metaverse</b></h2><p>In my opinion, investors are mostly scared by Mark Zuckerberg’s plans for the Metaverse and the huge expenses necessary. By focusing on the Metaverse (and seeing it as a huge cash-burning fantasy of a billionaire), they are overlooking that Meta Platforms is still a solid, highly profitable cash cow (yes it is, even when it will struggle for a few quarters). And the vision of the Metaverse is generating uncertainty, and investors don’t like uncertainty.</p><p>And there are reasons to be cautious (or even pessimistic). In the last few weeks, disappointing data about the Metaverse has been reported – aboutusers not returningand fewer than 200k users signing up forthe Horizon World. And when looking at the results for the third quarter of fiscal 2022, revenue for the Reality Labs business segment was only $285 million and 49% lower than in the same quarter last year. And not very surprisingly, the segment had to report an operating loss once again - $3,672 million. And when looking at the last eight quarters, this is the biggest operating loss for the segment so far.</p><p><img src=\"https://static.tigerbbs.com/ef035e590029c005f6cf20a38e2d2cd8\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms Q3/22 Presentation</p><p>What shocked investors in particular was the fact that Meta Platforms won’t cut down on spendings and will continue to rely heavily on its vision of the Metaverse. While total expenses for fiscal 2022 are expected to be in the range of $85 billion to $87 billion, management is anticipating full year 2023 total expenses to be in the range of $96 billion to $101 billion. And management is also anticipating that Reality Labs operating losses will grow significantly year-over-year.</p><p>And the voices are getting louder that Mark Zuckerberg should let go of his vision of the Metaverse and cut spendings to an absolute minimum. But Zuckerberg seems to hold on to his vision, and although he is acknowledging it will take time (several years) and several tries before the right platforms and apps exist, he is optimistic that Meta Platforms is on the right path:</p><blockquote>Work in the metaverse is a big theme for Quest Pro. There are 200 million people who get new PCs every year, mostly for work. And our goal for the Quest Pro line over the next several years is to enable more and more of these people to get their work done in virtual and mixed reality eventually even better than they could on PCs. And to deliver a great work and productivity experience, I am excited about the partnerships that we announced with Microsoft, bringing their suite of productivity and enterprise management services to Quest; Adobe and Autodesk bringing their creative tools; Zoom bringing their communication platform; Accenture building solutions for enterprises and more.</blockquote><h2><b>Takeaway</b></h2><p>In my opinion, we can break this story down in two key messages:</p><ol><li><b>Business Cycle</b>: Meta Platforms is a company undergoing a cyclical low – like several other technology companies – and is therefore reporting low growth rates and is struggling on several fronts. Considering the fact that we are on the eve of a major recession it is not surprising for a business depending on advertisement revenue to report slowing revenue growth. And not only Meta Platforms is struggling – peers like Alphabet (GOOG,GOOGL), Amazon (AMZN), and Tencent are struggling as well.</li><li><b>Investing in the future</b>: Meta Platforms is investing in its huge vision of the metaverse, which is expensive and has a negative impact on the bottom line and the company’s ability to generate free cash flow.</li></ol><p>These two aspects combined create a scenario that looks like Armageddon for Meta Platforms – but it is not. The first problem (the cyclical low) will pass, and revenue growth and profitability will increase again. The second problem (high expenditures) could actually be a huge opportunity for billions and billions in profits in the years to come. And this is even if the scenario that Meta Platforms is failing with its vision of the Metaverse and Facebook and Instagram just returning to normal ways of profitability after the recession is not priced in (the current stock price, at least).</p><p><b>Intrinsic Value Calculation</b></p><p>And as I have mentioned several times in the past, the Metaverse does not have to work out in any way for Meta Platforms to be a bargain. It is not like we are paying any form of premium for Meta Platforms on the hope of billions in profits from the Metaverse. Just returning to previous profitability levels and generating about $40 billion in free cash flow would make the stock worth about $150 (without any growth assumptions).</p><p>And although it sounds absurd right now, Meta Platforms should be able to grow in the mid-to-high single digits in the years to come. Not only have we to assume Meta Platforms being able to grow its top line again. Additionally, Meta Platforms could use share buybacks to grow its bottom line (if all the other growth initiatives won’t work). Last quarter, Meta Platforms spent $7,365 million on share buybacks, which is resulting in $29,460 million on annual share buybacks. At the current depressed stock price, this is enough to repurchase more than 10% of outstanding shares and add 10% growth to the bottom line. Combined with revenue growth, this would lead to double-digit growth for Meta Platforms.</p><p><img src=\"https://static.tigerbbs.com/3a3f2e36a81b7d1cc2906ceb54b94bbb\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta Platforms Q3/22 Presentation</p><p>Free cash flow in the last four quarters was $25,713 million and we are using this amount as basis in our calculation. For fiscal 2023, we assume 0% growth as the company is not so optimistic for the next years and the recession will have a negative impact. For the years from fiscal 2024 going forward (and till perpetuity), we assume only 5% growth. This is resulting in an intrinsic value of $182.69 (assuming 2,687 million outstanding shares and 10% discount rate). When assuming 6% instead, the intrinsic value would be $221.44, and these are still cautious assumptions.</p><h2>Conclusion</h2><p>In past articles I mentioned several times that I don’t like the term “buying opportunity of a lifetime” – especially as it was often used after small corrections implying that a 10% or 20% correction is already generating a deeply undervalued stock. But Meta Platforms is a huge buying opportunity, in my opinion, and the stock could easily double or triple over the next few years as Meta Platforms is trading nowhere close to its intrinsic value. In different calculations (which I did not include in this article), we also get an intrinsic value around $400 for Meta Platforms right now.</p><p>And in the coming quarters, bad news will continue as the recession, which will hit the United States with a highprobability in 2023, will lead to more trouble for Meta Platforms. But at this point, most of the bad news should be priced in, and further bad news should not be a major shock. Over the next few years, you probably won’t regret an investment in Meta Platforms (and for the next few quarters just go to sleep, as we don’t know what will happen).</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>Meta Platforms: Once In A Lifetime Buying Opportunity?</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\">\nMeta Platforms: Once In A Lifetime Buying Opportunity?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 14:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4551989-meta-platforms-once-in-a-lifetime-buying-opportunity><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMeta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share declined.While the company is clearly struggling, the underlying business is still growing, with the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4551989-meta-platforms-once-in-a-lifetime-buying-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4551989-meta-platforms-once-in-a-lifetime-buying-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113649059","content_text":"SummaryMeta Platforms reported mediocre Q3/22 results and revenue as well as earnings per share declined.While the company is clearly struggling, the underlying business is still growing, with the number of DAUs increasing and monetization of reels making progress.Investors are scared by Zuckerberg's vision of the Metaverse and the necessary spendings and ignore the underlying, solid business.Meta Platforms is deeply undervalued and a great buying opportunity.The pessimism surrounding Meta Platforms, Inc. (NASDAQ:META) is astonishing but certainly not unprecedented. The performance of the stock is reminding of several technology companies during the Dotcom crash and recently several technology companies – including the Chinese counterpart Tencent Holdings (OTCPK:TCEHY,OTCPK:TCTZF) – performed similar. So far, Meta Platforms has lost 75% of its value and turned from a company that was briefly worth above $1 trillion (and among the top companies in the world by market cap) to a $250 billion company ranging only on the 33rdspot on the list of themost valuable companiesin the world.Data byYChartsWhen reading comments – including comments on Seeking Alpha – I seldom see analysis and logic but just expressions of hate for Mark Zuckerberg, using the word “woke” countless times and talking about “Karma.” And while this is obviously no analysis, it is an expression for the sentiment surrounding Meta Platforms. In such a sentiment-driven environment, decisions are often lacking the necessary objectivity to make good investment– which might explain why the stock is trading below $100 and close to the point of maximum pessimism.Declining ProfitabilityOf course, fundamentals also justify the stock to go lower from its previous all-time highs of $380. And one fundamental problem is the declining profitability for Meta Platforms in the last few quarters. In Q3/22, the company had to report huge declines for the bottom line once again. Diluted earnings per share declined from $3.22 in the same quarter last year to $1.64 this quarter. And when looking at the results for the first nine months, EPS declined from $10.11 in the same timeframe last year to $6.82 this year.Meta Q3/22 Earnings ReleaseWhen looking for the reasons, we can mention several aspects. Although playing only a small role, interest payments of $88 million had a negative effect (due to the company’s $10 billion in long-term debt). Cost of revenue declined about 1% to $5,716 million, but the operating expenses increased dramatically. General and administrative expenses increased 14.9% year-over-year to $3,384 million, and research and development expenses increased 45.2% YoY to $9,170 million. And the result was operating income cut in half from $10,423 million in Q3/21 to $5,664 million this quarter.Top Line Growth Slowing DownBut not only increased costs had a negative effect. Revenue also declined from $29,010 million in Q3/21 to $27,714 million in Q3/22 – resulting in 4.5% decline YoY. Management was pointing out, that on a constant currency basis revenue increased 2% year-over-year. We can also look at the different regions and different segments and see mixed trends. Dave Wehner gave detailsduring the last earnings call:The healthcare and travel verticals were the largest positive contributors to growth in Q3. However, this was offset by continued softness in other verticals, including online commerce, gaming, financial services and CPG. On an advertiser size basis, revenue growth from large advertisers remains challenged, while we have seen more resilience among smaller advertisers. Foreign currency was a significant headwind to advertising revenue growth in all international regions. On a user geography basis, year-over-year ad revenue growth was strongest in Asia-Pacific and rest of world at 6% and 3% respectively, with both regions continuing to benefit meaningfully from strong growth in click-to-messaging ads. North America and Europe declined 3% and 16% respectively.And during the last few quarters, growth clearly slowed down – when looking at the TTM numbers, revenue growth declined for four quarters in a row from 42.33% growth in September 2021 to only 5.15% right now.Meta Platforms TTM numbers, year-over-year growth(Seeking Alpha)Problems, Problems, Problems?We should not ignore the problems Meta Platforms is clearly facing. Revenue growth is slowing down and, due to increasing costs (we will get to that), profitability is declining and earnings per share are crumbling. And the stock certainly deserved to decline in value, but a 75% decline was unjustified – especially as Meta Platforms was not so expensive to begin with (even more true when comparing to several other hyped stocks). When looking at the results in more detail, there are signs to be optimistic.Small Signs of GrowthFirst, on a constant currency basis, revenue increased 2% year-over-year. This is still not great, but we should also not ignore the strong U.S. dollar being a headwind – for Meta Platforms as well as most other U.S. companies. And daily active users for the Family of Apps increased from 2.88 billion last quarter to 2.93 billion this quarter, and year-over-year the DAUs increased about 4%. And daily active users for Facebook also increased from 1,930 million in the same quarter last year to 1,984 million this quarter – resulting in 2.8% year-over-year growth.Meta Platforms Q3/22 PresentationOf course, these are not impressive growth rates, but the company is still growing which is good news. During the earnings call, Dave Wehner stated:So on time spent, we are really pleased with what we’re seeing on engagement. And as Mark mentioned, Reels is incremental to time spent. Specifically, in terms of aggregate time spent on Instagram and Facebook, both are up year-over-year and in both the U.S. and globally.And while revenue stagnated, the total number of ad impressions served across the different apps increased 17%, which is a good sign for underlying growth. Growth was especially driven by Asia-Pacific and rest of world. On the other hand, the average price per ad decreased 18%, but the reasons might be temporary – like the shift to Reels.Shift to ReelsAnother reason for the top-line troubles is the move from Feed and Stories to Reels, as the monetization is still problematic. During the earnings call, Mark Zuckerberg commented:Moving to monetization, I’ve discussed in the past how the growth of short-form video creates near-term challenges since Reels doesn’t monetize at the rate of Feed or Stories yet. That means that as Reels grows, we are displacing revenue from higher monetizing surfaces. And I think this is clearly the right thing to do, so Reels can grow with the demand that we are seeing, but closing this gap is also a high priority. Even with the progress we have made, we are still choosing to take a more than $500 million quarterly revenue headwind with this shift, but we expect to get to a more neutral place over the next 10 – sort of 12 to 18 months. I mentioned last quarter that Instagram Reels had crossed a $1 billion annual revenue run-rate. We continue scaling monetization across both Instagram and Facebook and the combined run-rate across these apps is now $3 billion.And Reels is growing quickly and at a high pace. According to Zuckerberg, there are more than 140 billion Reels plays across Facebook and Instagram each day, which is a 50% increase from 6 months ago. And although this is not backed up by numbers, Zuckerberg believes that Meta is gaining time spent share on competitors like TikTok.And the path for Reels monetization seems similar than the path towards monetization of Feeds or the switch to mobile. The company first had to focus on increasing engagement and growing demand for the products. Monetization efficiency followed in the next step. But Zuckerberg also admits it is hard to predict the monetization efficiency for Reels in advance.New Ways of MonetizationAside from trying to monetize Reels more efficiently, Meta Platforms is also seeing another major monetization opportunity in messaging. During the last earnings call, Mark Zuckerberg explained:Beyond Reels, messaging is another major monetization opportunity. Billions of people and millions of businesses use WhatsApp and Messenger everyday and we are confident that we can connect them in ways that create valuable experiences. We started with click-to-messaging ads which lets businesses run ads on Facebook and Instagram that start a thread on Messenger, WhatsApp or Instagram Direct, so they can communicate with customers directly. And this is one of our fastest growing ads products with a $9 billion annual run-rate.In theprevious earnings call, the company already pointed out the big potential it sees in messaging. Meta Platforms reported strong double-digit year-over-year growth rates, and these messages are particular popular with small and medium-sized businesses in emerging markets like Brazil and Mexico.Scary MetaverseIn my opinion, investors are mostly scared by Mark Zuckerberg’s plans for the Metaverse and the huge expenses necessary. By focusing on the Metaverse (and seeing it as a huge cash-burning fantasy of a billionaire), they are overlooking that Meta Platforms is still a solid, highly profitable cash cow (yes it is, even when it will struggle for a few quarters). And the vision of the Metaverse is generating uncertainty, and investors don’t like uncertainty.And there are reasons to be cautious (or even pessimistic). In the last few weeks, disappointing data about the Metaverse has been reported – aboutusers not returningand fewer than 200k users signing up forthe Horizon World. And when looking at the results for the third quarter of fiscal 2022, revenue for the Reality Labs business segment was only $285 million and 49% lower than in the same quarter last year. And not very surprisingly, the segment had to report an operating loss once again - $3,672 million. And when looking at the last eight quarters, this is the biggest operating loss for the segment so far.Meta Platforms Q3/22 PresentationWhat shocked investors in particular was the fact that Meta Platforms won’t cut down on spendings and will continue to rely heavily on its vision of the Metaverse. While total expenses for fiscal 2022 are expected to be in the range of $85 billion to $87 billion, management is anticipating full year 2023 total expenses to be in the range of $96 billion to $101 billion. And management is also anticipating that Reality Labs operating losses will grow significantly year-over-year.And the voices are getting louder that Mark Zuckerberg should let go of his vision of the Metaverse and cut spendings to an absolute minimum. But Zuckerberg seems to hold on to his vision, and although he is acknowledging it will take time (several years) and several tries before the right platforms and apps exist, he is optimistic that Meta Platforms is on the right path:Work in the metaverse is a big theme for Quest Pro. There are 200 million people who get new PCs every year, mostly for work. And our goal for the Quest Pro line over the next several years is to enable more and more of these people to get their work done in virtual and mixed reality eventually even better than they could on PCs. And to deliver a great work and productivity experience, I am excited about the partnerships that we announced with Microsoft, bringing their suite of productivity and enterprise management services to Quest; Adobe and Autodesk bringing their creative tools; Zoom bringing their communication platform; Accenture building solutions for enterprises and more.TakeawayIn my opinion, we can break this story down in two key messages:Business Cycle: Meta Platforms is a company undergoing a cyclical low – like several other technology companies – and is therefore reporting low growth rates and is struggling on several fronts. Considering the fact that we are on the eve of a major recession it is not surprising for a business depending on advertisement revenue to report slowing revenue growth. And not only Meta Platforms is struggling – peers like Alphabet (GOOG,GOOGL), Amazon (AMZN), and Tencent are struggling as well.Investing in the future: Meta Platforms is investing in its huge vision of the metaverse, which is expensive and has a negative impact on the bottom line and the company’s ability to generate free cash flow.These two aspects combined create a scenario that looks like Armageddon for Meta Platforms – but it is not. The first problem (the cyclical low) will pass, and revenue growth and profitability will increase again. The second problem (high expenditures) could actually be a huge opportunity for billions and billions in profits in the years to come. And this is even if the scenario that Meta Platforms is failing with its vision of the Metaverse and Facebook and Instagram just returning to normal ways of profitability after the recession is not priced in (the current stock price, at least).Intrinsic Value CalculationAnd as I have mentioned several times in the past, the Metaverse does not have to work out in any way for Meta Platforms to be a bargain. It is not like we are paying any form of premium for Meta Platforms on the hope of billions in profits from the Metaverse. Just returning to previous profitability levels and generating about $40 billion in free cash flow would make the stock worth about $150 (without any growth assumptions).And although it sounds absurd right now, Meta Platforms should be able to grow in the mid-to-high single digits in the years to come. Not only have we to assume Meta Platforms being able to grow its top line again. Additionally, Meta Platforms could use share buybacks to grow its bottom line (if all the other growth initiatives won’t work). Last quarter, Meta Platforms spent $7,365 million on share buybacks, which is resulting in $29,460 million on annual share buybacks. At the current depressed stock price, this is enough to repurchase more than 10% of outstanding shares and add 10% growth to the bottom line. Combined with revenue growth, this would lead to double-digit growth for Meta Platforms.Meta Platforms Q3/22 PresentationFree cash flow in the last four quarters was $25,713 million and we are using this amount as basis in our calculation. For fiscal 2023, we assume 0% growth as the company is not so optimistic for the next years and the recession will have a negative impact. For the years from fiscal 2024 going forward (and till perpetuity), we assume only 5% growth. This is resulting in an intrinsic value of $182.69 (assuming 2,687 million outstanding shares and 10% discount rate). When assuming 6% instead, the intrinsic value would be $221.44, and these are still cautious assumptions.ConclusionIn past articles I mentioned several times that I don’t like the term “buying opportunity of a lifetime” – especially as it was often used after small corrections implying that a 10% or 20% correction is already generating a deeply undervalued stock. But Meta Platforms is a huge buying opportunity, in my opinion, and the stock could easily double or triple over the next few years as Meta Platforms is trading nowhere close to its intrinsic value. In different calculations (which I did not include in this article), we also get an intrinsic value around $400 for Meta Platforms right now.And in the coming quarters, bad news will continue as the recession, which will hit the United States with a highprobability in 2023, will lead to more trouble for Meta Platforms. But at this point, most of the bad news should be priced in, and further bad news should not be a major shock. Over the next few years, you probably won’t regret an investment in Meta Platforms (and for the next few quarters just go to sleep, as we don’t know what will happen).","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}